Super Micro Computer (SMCI) Operating Margin (2010 - 2026)
Super Micro Computer's Operating Margin came in at 13.38% for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 9.41 percentage points from 3.97% a year earlier and up 7.27 percentage points from the prior quarter.
Super Micro Computer (SMCI) Operating Margin (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Super Micro Computer's Operating Margin was 7.09%, up 1.39 percentage points from FY2025.
- Operating Margin carries a five-year change of +3.61 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Operating Margin was 5.70% in FY2025 (-2.37 pp), 8.08% in FY2024 (-2.61 pp), 10.68% in FY2023 (+4.23 pp) and 6.45% in FY2022 (+2.97 pp).
- The fiscal Q4 2026 figure represents the highest quarterly Operating Margin in data going back to fiscal Q1 2011.
- Year-over-year, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -0.83 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q4 2026 (a gain of 9.41 percentage points), and the weakest in fiscal Q3 2025 (a drop of 6.64 percentage points).
- Business Quant data shows SMCI's Operating Margin at 6.11% (Q3 2026), 3.74% (Q2 2026) and 3.63% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn | 78.49% |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn | 16.79% |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 42.96% |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn | 41.71% |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn | 11.41% |
| 10 | Super Micro Computer | 19.54 Bn | 2.44 Bn | 1.94 Bn | 13.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.38% |
| 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% |
| Jun 30, 2024 | 5.39% |
| Mar 31, 2024 | 9.83% |
| Dec 31, 2023 | 10.14% |
| Sep 30, 2023 | 8.14% |
| Jun 30, 2023 | 10.38% |
| Mar 31, 2023 | 7.72% |
| Dec 31, 2022 | 11.93% |
| Sep 30, 2022 | 11.88% |
| Jun 30, 2022 | 10.10% |
| Mar 31, 2022 | 6.62% |
| Dec 31, 2021 | 4.35% |
| Sep 30, 2021 | 2.82% |
Super Micro Computer Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SMCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SMCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SMCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();