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| Date | Value |
|---|---|
| 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 |