Super Micro Computer (SMCI) Operating Expenses (2010 - 2026)

Super Micro Computer has reported Operating Expenses for 17 years, with the latest figure at $392.8 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 33.87% year-over-year to $392.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 53.03% YoY), and the FY2025 full-year result was $1.2 billion, up 38.36% from the prior year.
• Operating Expenses for Q1 2026 stood at $392.8 million, up from $324.3 million in the prior quarter.
• The five-year high for Operating Expenses was $392.8 million in Q1 2026, with the low at $121.0 million in Q1 2022.
• Historically, Operating Expenses has averaged $233.6 million across 5 years, with a median of $242.7 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses increased 5.19% — and 2024, when it soared 72.11%.
• Super Micro Computer's 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 advanced by 7.59% to $324.3 million in 2025, then advanced by 21.14% to $392.8 million in 2026.
• The last three Operating Expenses figures came in at $392.8 million (Q1 2026), $324.3 million (Q4 2025), and $285.1 million (Q3 2025), per Business Quant data.