Super Micro Computer (SMCI) Operating Margin (2010 - 2026)
Super Micro Computer (SMCI) reported Operating Margin of 6.11% for Q1 2026, up 292.0% on a YoY basis from 1.56% in Q1 2025, and up 63.38% quarter-over-quarter from 3.74% in Q4 2025.
Super Micro Computer (SMCI) Operating Margin (2010 - 2026) Analysis & Trends
Super Micro Computer has reported Operating Margin for 17 years, with the latest figure at 6.11% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 292.0% year-over-year to 6.11%; the trailing twelve-month figure through Mar 2026 stood at 4.48% (down 251.0% YoY), and the FY2025 full-year result was 5.7%, down 237.0% from the prior year.
- Operating Margin for Q1 2026 stood at 6.11%, up from 3.74% in the prior quarter.
- The five-year high for Operating Margin was 11.93% in Q4 2022, with the low at 3.19% in Q1 2025.
- Historically, Operating Margin has averaged 7.28% across 5 years, with a median of 7.17% in 2022.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 906 bps — and 2025, when it plunged 664 bps.
- Super Micro Computer's Operating Margin stood at 11.93% in 2022, then fell by 15 bps to 10.14% in 2023, then plunged by 36 bps to 6.49% in 2024, then tumbled by 42 bps to 3.74% in 2025, then surged by 63 bps to 6.11% in 2026.
- The last three Operating Margin figures came in at 6.11% (Q1 2026), 3.74% (Q4 2025), and 3.63% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 9.26% |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 69.09% |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 42.74% |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 32.07% |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 35.66% |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 6.11% |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 8.23% |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 4.25% |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | -419.85% |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 12.51% |
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% |