Super Micro Computer (SMCI) Other Working Capital Changes (2022 - 2026)
Super Micro Computer's (SMCI) quarterly Other Working Capital Changes came in at -$25.5 million in Q2 2026, up 53.83% on a YoY basis from -$16.6 million in Q2 2025, and down 107.9% quarter-over-quarter from $322.9 million in Q1 2026.
Analysis
Super Micro Computer (SMCI) Other Working Capital Changes (2022 - 2026) Analysis & Trends
Super Micro Computer (SMCI) has reported Other Working Capital Changes for 17 consecutive years, with -$25.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Working Capital Changes rose 53.83% year-over-year to -$25.5 million; the trailing twelve-month figure through Jun 2026 stood at $356.2 million (up 55.49% YoY), and the FY2026 full-year result was $356.2 million, up 55.49% from the prior year.
- Other Working Capital Changes eased to -$25.5 million in Q2 2026 per SMCI's latest filing, from $322.9 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $832.9 million in Q1 2026 and bottomed at $10.2 million in Q4 2022.
- Historically, Other Working Capital Changes has averaged $191.0 million across 5 years, with a median of $79.2 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Other Working Capital Changes jumped 14624.17% in 2024, then plunged 545.65% in 2025.
- Over 5 years, Other Working Capital Changes stood at $17.0 million in 2022, then slumped by 119.72% to -$3.3 million in 2023, then surged by 14624.17% to $485.5 million in 2024, then tumbled by 60.26% to $192.9 million in 2025, then tumbled by 113.22% to -$25.5 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered -$25.5 million, $322.9 million, and $192.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 476.39 Mn |
| Jun 30, 2026 | 476.39 Mn |
| Mar 31, 2026 | 832.89 Mn |
| Mar 31, 2026 | 832.89 Mn |
| Dec 31, 2025 | 274.75 Mn |
| Dec 31, 2025 | 274.75 Mn |
| Sep 30, 2025 | 296.62 Mn |
| Sep 30, 2025 | 296.62 Mn |
| Jun 30, 2025 | 65.59 Mn |
| Jun 30, 2025 | 65.59 Mn |
| Mar 31, 2025 | 67.15 Mn |
| Mar 31, 2025 | 67.15 Mn |
| Dec 31, 2024 | 40.47 Mn |
| Dec 31, 2024 | 40.47 Mn |
| Sep 30, 2024 | 141.81 Mn |
| Sep 30, 2024 | 141.81 Mn |
| Mar 31, 2024 | 132.04 Mn |
| Mar 31, 2024 | 132.04 Mn |
| Dec 31, 2023 | 79.23 Mn |
| Dec 31, 2023 | 79.23 Mn |