Super Micro Computer (SMCI) Operating Margin (2010 - 2026)
Super Micro Computer (SMCI) posted Operating Margin of 6.11% for Q1 2026, up 63.38% quarter-over-quarter from 3.74% in Q4 2025, and up 292.0% year-on-year from 1.56% in Q1 2025.
Super Micro Computer (SMCI) Operating Margin (2010 - 2026) Analysis & Trends
Super Micro Computer (SMCI) has reported Operating Margin for 17 consecutive years, with 6.11% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 6.11%, up 292.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.48% (down 251.0% YoY), and the FY2025 annual result was 5.7%, down 237.0% from the prior year.
- Operating Margin was 6.11% for Q1 2026 at Super Micro Computer, up from 3.74% in the prior quarter.
- Over five years, Operating Margin peaked at 11.93% in Q4 2022 and troughed at 3.19% in Q1 2025.
- Average Operating Margin over 5 years is 7.28%, with a median of 7.17% recorded in 2022.
- Year-over-year, Operating Margin soared 906 bps in 2022 and slumped 664 bps in 2025.
- Over 5 years, Operating Margin stood at 11.93% in 2022, then slipped by 15 bps to 10.14% in 2023, then tumbled by 36 bps to 6.49% in 2024, then slumped by 42 bps to 3.74% in 2025, then surged by 63 bps to 6.11% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 6.11% in Q1 2026, 3.74% in Q4 2025, and 3.63% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 69.09% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 8.34% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 42.74% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 35.66% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 32.07% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 1.89% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 4.25% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 6.11% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 12.51% |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | -1,914.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.11% |
| Dec 31, 2025 | 3.74% |
| Sep 30, 2025 | 3.63% |
| Jun 30, 2025 | 3.97% |
| Mar 31, 2025 | 3.19% |
| Dec 31, 2024 | 6.49% |
| Sep 30, 2024 | 8.58% |
| Mar 31, 2024 | 9.83% |
| Dec 31, 2023 | 10.14% |
| Sep 30, 2023 | 8.14% |
| Mar 31, 2023 | 7.72% |
| Dec 31, 2022 | 11.93% |
| Sep 30, 2022 | 11.88% |
| Mar 31, 2022 | 6.62% |
| Dec 31, 2021 | 4.35% |
| Sep 30, 2021 | 2.82% |
| Mar 31, 2021 | 1.90% |
| Dec 31, 2020 | 4.50% |
| Sep 30, 2020 | 3.99% |
| Jun 30, 2020 | 1.05% |