Growth Metrics

Super Micro Computer (SMCI) Operating Expenses (2010 - 2025)

Super Micro Computer posted annual Operating Expenses of $1.2 billion for FY2025, up 38.36% year-over-year from $850.6 million in FY2024.

Super Micro Computer (SMCI) has 16 years of Operating Expenses data on file, last reported at $1.2 billion in FY2025.

  • 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 FY2025 stood at $1.2 billion, up from $850.6 million in the prior year.
  • Across five years, Operating Expenses topped out at $1.2 billion in FY2025 and bottomed at $410.6 million in FY2021.
  • The 5-year median for Operating Expenses is $521.9 million (2023), against an average of $685.0 million.
  • The widest annual swing landed in 2021, when Operating Expenses declined 6.8%; it then surged 63.0% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $410.6 million in 2021, then advanced by 13.21% to $464.8 million in 2022, then increased by 12.27% to $521.9 million in 2023, then soared by 63.0% to $850.6 million in 2024, then jumped by 38.36% to $1.2 billion in 2025.
  • The last three Operating Expenses figures came in at $1.2 billion (FY2025), $850.6 million (FY2024), and $521.9 million (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Yr)
1 Dell Technologies 284.11 Bn 272.59 Bn 6.73 Bn 14.56 Bn
2 Sandisk 250.86 Bn 247.12 Bn 4.66 Bn -
3 Arista Networks 200.57 Bn 188.21 Bn 1.68 Bn -
4 Seagate Technology Holdings 190.92 Bn 189.77 Bn 1.45 Bn -
5 Western Digital 181.67 Bn 178.44 Bn 1.68 Bn -
6 Super Micro Computer 27.56 Bn 26.27 Bn 1.02 Bn -
7 Everpure 26.12 Bn 25.11 Bn 740.09 Mn 2.46 Bn
8 IonQ 25.86 Bn 23.84 Bn 15.41 Mn -
9 Hp 25.04 Bn 21.89 Bn 2.84 Bn -
10 Logitech International 17.89 Bn 16.15 Bn 483.28 Mn 1.32 Bn

Historic Data

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DateValue
Jun 30, 2025 1.18 Bn
Jun 30, 2024 850.64 Mn
Jun 30, 2023 521.87 Mn
Jun 30, 2022 464.83 Mn
Jun 30, 2021 410.59 Mn
Jun 30, 2020 440.56 Mn
Jun 30, 2019 398.29 Mn
Jun 30, 2018 335.28 Mn
Jun 30, 2017 255.08 Mn
Jun 30, 2016 223.01 Mn
Jun 30, 2015 173.94 Mn
Jun 30, 2014 145.29 Mn
Jun 30, 2013 132.90 Mn
Jun 30, 2012 119.40 Mn
Jun 30, 2011 92.41 Mn
Jun 30, 2010 74.25 Mn