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

Super Micro Computer (SMCI) has 17 years of Operating Expenses data on file, last reported at $392.8 million in Q1 2026.

• Quarterly Operating Expenses rose 33.87% year-over-year to $392.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.3 billion (up 53.03% YoY) and the FY2025 annual result came in at $1.2 billion, up 38.36% from the prior year.
• Operating Expenses climbed to $392.8 million in Q1 2026, from $324.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $593.1 million in Q1 2024 to a low of $122.2 million in Q4 2022.
• A 5-year average of $289.1 million and a median of $297.4 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses tumbled 62.86% — and 2024, when it surged 365.99%.
• Tracing SMCI's Operating Expenses over 5 years: stood at $122.2 million in 2022, then jumped by 205.99% to $374.0 million in 2023, then declined by 19.42% 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.