Super Micro Computer (SMCI) Operating Expenses (2010 - 2026)
Super Micro Computer (SMCI) posted Operating Expenses of $392.8 million for Q1 2026, up 21.14% quarter-over-quarter from $324.3 million in Q4 2025, and up 33.87% year-on-year from $293.4 million in Q1 2025.
Super Micro Computer (SMCI) Operating Expenses (2010 - 2026) Analysis & Trends
Super Micro Computer (SMCI) has reported Operating Expenses for 17 consecutive years, with $392.8 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $392.8 million, up 33.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 53.03% YoY), and the FY2025 annual result was $1.2 billion, up 38.36% from the prior year.
- Operating Expenses was $392.8 million for Q1 2026 at Super Micro Computer, up from $324.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $392.8 million in Q1 2026 and troughed at $121.0 million in Q1 2022.
- Average Operating Expenses over 5 years is $233.6 million, with a median of $242.7 million recorded in 2024.
- Year-over-year, Operating Expenses gained 5.19% in 2023 and surged 72.11% in 2024.
- Over 5 years, Operating Expenses stood at $122.2 million in 2022, then jumped by 57.77% to $192.9 million in 2023, then jumped by 56.28% to $301.4 million in 2024, then increased by 7.59% to $324.3 million in 2025, then increased by 21.14% to $392.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $392.8 million in Q1 2026, $324.3 million in Q4 2025, and $285.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 551.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 4.13 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 486.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 2.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 347.49 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 56.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 392.81 Mn |
| Dec 31, 2025 | 324.27 Mn |
| Sep 30, 2025 | 285.12 Mn |
| Jun 30, 2025 | 315.71 Mn |
| Mar 31, 2025 | 293.44 Mn |
| Dec 31, 2024 | 301.40 Mn |
| Sep 30, 2024 | 266.38 Mn |
| Mar 31, 2024 | 219.05 Mn |
| Dec 31, 2023 | 192.86 Mn |
| Sep 30, 2023 | 181.18 Mn |
| Mar 31, 2023 | 127.28 Mn |
| Dec 31, 2022 | 122.24 Mn |
| Sep 30, 2022 | 127.41 Mn |
| Mar 31, 2022 | 121.00 Mn |
| Dec 31, 2021 | 112.69 Mn |
| Sep 30, 2021 | 109.01 Mn |
| Mar 31, 2021 | 105.96 Mn |
| Dec 31, 2020 | 98.73 Mn |
| Sep 30, 2020 | 99.47 Mn |
| Jun 30, 2020 | 114.09 Mn |