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
DateValue
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