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

Super Micro Computer's (SMCI) quarterly Research & Development came in at $89.5 million in Q1 2026, up 49.24% YoY from $60.0 million in Q1 2025, and up 22.49% on a QoQ basis from $73.1 million in Q4 2025.

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

Super Micro Computer (SMCI) has 17 years of Research & Development data on file, last reported at $89.5 million in Q1 2026.

  • Quarterly Research & Development rose 49.24% year-over-year to $89.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $275.3 million (down 59.91% YoY) and the FY2025 annual result came in at $273.1 million, down 41.08% from the prior year.
  • Research & Development grew to $89.5 million in Q1 2026, from $73.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $336.1 million in Q1 2024 to a low of $25.3 million in Q1 2023.
  • A 5-year average of $98.3 million and a median of $73.7 million in 2022 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2024 — Research & Development jumped 1227.74% — and 2025, when it sank 82.15%.
  • Tracing SMCI's Research & Development over 5 years: stood at $28.4 million in 2022, then soared by 282.58% to $108.8 million in 2023, then surged by 45.4% to $158.2 million in 2024, then plunged by 53.82% to $73.1 million in 2025, then gained by 22.49% to $89.5 million in 2026.
  • The last three Research & Development figures came in at $89.5 million (Q1 2026), $73.1 million (Q4 2025), and $47.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 983.00 Mn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 343.70 Mn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 337.00 Mn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 194.00 Mn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 294.00 Mn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 347.86 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 432.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 89.51 Mn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 219.75 Mn
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn 125.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 89.51 Mn
Dec 31, 2025 73.08 Mn
Sep 30, 2025 47.93 Mn
Jun 30, 2025 64.74 Mn
Mar 31, 2025 59.98 Mn
Dec 31, 2024 158.23 Mn
Sep 30, 2024 132.24 Mn
Mar 31, 2024 336.08 Mn
Dec 31, 2023 108.82 Mn
Sep 30, 2023 111.03 Mn
Mar 31, 2023 25.31 Mn
Dec 31, 2022 28.45 Mn
Sep 30, 2022 74.24 Mn
Mar 31, 2022 65.94 Mn
Dec 31, 2021 65.47 Mn
Sep 30, 2021 21.62 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