Super Micro Computer (SMCI) Payables (2011 - 2026)
Super Micro Computer's (SMCI) quarterly Payables came in at $2.2 billion in Q2 2026, up 75.28% on a YoY basis from $1.3 billion in Q2 2025, and down 39.06% quarter-over-quarter from $3.7 billion in Q1 2026.
Analysis
Super Micro Computer (SMCI) Payables (2011 - 2026) Analysis & Trends
Super Micro Computer (SMCI) has reported Payables for 16 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables rose 75.28% year-over-year to $2.2 billion; the trailing twelve-month figure through Jun 2026 stood at $2.2 billion (up 75.28% YoY), and the FY2026 full-year result was $2.2 billion, up 75.28% from the prior year.
- Payables declined to $2.2 billion in Q2 2026 per SMCI's latest filing, from $3.7 billion in the prior quarter.
- Across five years, Payables topped out at $13.8 billion in Q4 2025 and bottomed at $549.3 million in Q4 2024.
- Historically, Payables has averaged $2.0 billion across 5 years, with a median of $1.1 billion in 2022.
- The sharpest annual moves came in 2024 and 2025: Payables sank 56.46% in 2024, then soared 2403.66% in 2025.
- Over 5 years, Payables stood at $560.0 million in 2022, then soared by 125.29% to $1.3 billion in 2023, then plunged by 56.46% to $549.3 million in 2024, then jumped by 2403.66% to $13.8 billion in 2025, then plunged by 83.66% to $2.2 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $2.2 billion, $3.7 billion, and $13.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 49.72 Bn |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 692.70 Mn |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 516.00 Mn |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 1.75 Bn |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 1.77 Bn |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 13.73 Bn |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 566.00 Mn |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 329.85 Mn |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 2.25 Bn |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 802.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.25 Bn |
| Mar 31, 2026 | 3.69 Bn |
| Dec 31, 2025 | 13.75 Bn |
| Sep 30, 2025 | 1.28 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | 643.05 Mn |
| Dec 31, 2024 | 549.32 Mn |
| Sep 30, 2024 | 1.68 Bn |
| Jun 30, 2024 | 1.47 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.26 Bn |
| Sep 30, 2023 | 1.08 Bn |
| Jun 30, 2023 | 946.95 Mn |
| Mar 31, 2023 | 641.84 Mn |
| Dec 31, 2022 | 559.96 Mn |
| Sep 30, 2022 | 886.20 Mn |
| Jun 30, 2022 | 1.10 Bn |
| Mar 31, 2022 | 1.18 Bn |
| Dec 31, 2021 | 872.08 Mn |
| Sep 30, 2021 | 798.30 Mn |