Super Micro Computer SMCI
NASDAQ SMCI
$40.10 +2.72 (+7.28%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Super Micro Computer's (SMCI) quarterly Research & Development came in at $201.5 million in Q2 2026, up 9.98% on a YoY basis from $183.2 million in Q2 2025, and down 6.57% quarter-over-quarter from $215.7 million in Q1 2026.

Analysis

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

Super Micro Computer (SMCI) has reported Research & Development for 17 consecutive years, with $201.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 9.98% year-over-year to $201.5 million; the trailing twelve-month figure through Jun 2026 stood at $771.2 million (up 21.16% YoY), and the FY2026 full-year result was $771.2 million, up 21.16% from the prior year.
  • Research & Development fell to $201.5 million in Q2 2026 per SMCI's latest filing, from $215.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $336.1 million in Q1 2024 and bottomed at $70.7 million in Q4 2022.
  • Historically, Research & Development has averaged $166.6 million across 5 years, with a median of $173.3 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Research & Development plunged 61.53% in 2023, then jumped 333.56% in 2024.
  • Over 5 years, Research & Development stood at $70.7 million in 2022, then jumped by 210.96% to $219.9 million in 2023, then dropped by 28.03% to $158.2 million in 2024, then increased by 14.24% to $180.8 million in 2025, then advanced by 11.47% to $201.5 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $201.5 million, $215.7 million, and $180.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Dell Technologies 362.97 Bn 351.40 Bn 9.83 Bn 1.11 Bn
2 Arista Networks 251.55 Bn 238.20 Bn 1.91 Bn 348.20 Mn
3 Sandisk 238.47 Bn 233.71 Bn 7.58 Bn 348.00 Mn
4 Seagate Technology Holdings 188.28 Bn 186.57 Bn 1.90 Bn 188.00 Mn
5 Western Digital 161.43 Bn 159.85 Bn 2.03 Bn 284.00 Mn
6 Hewlett Packard Enterprise 82.45 Bn 76.23 Bn 4.93 Bn 1.16 Bn
7 NetApp 39.14 Bn 35.57 Bn 1.42 Bn 507.00 Mn
8 Everpure 32.71 Bn 31.71 Bn 811.39 Mn 346.08 Mn
9 Super Micro Computer 26.34 Bn 18.82 Bn 1.94 Bn 201.50 Mn
10 Penguin Solutions 2.62 Bn 2.38 Bn 133.21 Mn 21.98 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 201.50 Mn
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 336.08 Mn
Dec 31, 2023 219.85 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 201.48 Mn
Dec 31, 2021 130.61 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