Super Micro Computer (SMCI) Research & Development (2010 - 2026)

Super Micro Computer (SMCI) reported Research & Development of $215.7 million for Q1 2026, up 32.42% on a YoY basis from $162.9 million in Q1 2025, and up 19.31% quarter-over-quarter from $180.8 million in Q4 2025.

Super Micro Computer (SMCI) Research & Development (2010 - 2026) Analysis & Trends

Super Micro Computer has reported Research & Development for 17 years, with the latest figure at $215.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 32.42% year-over-year to $215.7 million; the trailing twelve-month figure through Mar 2026 stood at $753.0 million (up 32.2% YoY), and the FY2025 full-year result was $636.6 million, up 37.32% from the prior year.
  • Research & Development for Q1 2026 stood at $215.7 million, up from $180.8 million in the prior quarter.
  • The five-year high for Research & Development was $215.7 million in Q1 2026, with the low at $70.7 million in Q4 2022.
  • Historically, Research & Development has averaged $131.1 million across 5 years, with a median of $124.2 million in 2024.
  • Annual changes were most pronounced in 2022 — Research & Development gained 7.99% — and 2023, when it jumped 53.92%.
  • Super Micro Computer's Research & Development stood at $70.7 million in 2022, then jumped by 53.92% to $108.8 million in 2023, then surged by 45.4% to $158.2 million in 2024, then climbed by 14.24% to $180.8 million in 2025, then rose by 19.31% to $215.7 million in 2026.
  • The last three Research & Development figures came in at $215.7 million (Q1 2026), $180.8 million (Q4 2025), and $173.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 797.00 Mn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 337.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 343.70 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 194.00 Mn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 294.00 Mn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 215.66 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 243.16 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 432.00 Mn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 125.74 Mn
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 87.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 215.66 Mn
Dec 31, 2025 180.76 Mn
Sep 30, 2025 173.31 Mn
Jun 30, 2025 183.22 Mn
Mar 31, 2025 162.86 Mn
Dec 31, 2024 158.23 Mn
Sep 30, 2024 132.24 Mn
Mar 31, 2024 116.23 Mn
Dec 31, 2023 108.82 Mn
Sep 30, 2023 111.03 Mn
Mar 31, 2023 77.52 Mn
Dec 31, 2022 70.70 Mn
Sep 30, 2022 74.24 Mn
Mar 31, 2022 70.87 Mn
Dec 31, 2021 65.47 Mn
Sep 30, 2021 65.14 Mn
Mar 31, 2021 57.91 Mn
Dec 31, 2020 52.73 Mn
Sep 30, 2020 54.80 Mn
Jun 30, 2020 66.75 Mn