Super Micro Computer (SMCI) Work In Process (2012 - 2026)
Super Micro Computer (SMCI) reported Work In Process of $2.0 billion for Q1 2026, up 338.28% on a YoY basis from $454.4 million in Q1 2025, and down 14.58% quarter-over-quarter from $2.3 billion in Q4 2025.
Super Micro Computer (SMCI) Work In Process (2012 - 2026) Analysis & Trends
Super Micro Computer has reported Work In Process for 15 years, with the latest figure at $2.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Work In Process rose 338.28% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 338.28% YoY), and the FY2025 full-year result was $674.6 million, up 49.58% from the prior year.
- Work In Process for Q1 2026 stood at $2.0 billion, down from $2.3 billion in the prior quarter.
- The five-year high for Work In Process was $2.3 billion in Q4 2025, with the low at $71.9 million in Q2 2023.
- Historically, Work In Process has averaged $645.5 million across 5 years, with a median of $451.0 million in 2024.
- Annual changes were most pronounced in 2023 — Work In Process sank 65.71% — and 2024, when it surged 527.48%.
- Super Micro Computer's Work In Process stood at $155.7 million in 2022, then surged by 231.54% to $516.3 million in 2023, then retreated by 26.59% to $379.1 million in 2024, then jumped by 515.09% to $2.3 billion in 2025, then decreased by 14.58% to $2.0 billion in 2026.
- The last three Work In Process figures came in at $2.0 billion (Q1 2026), $2.3 billion (Q4 2025), and $1.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.99 Bn |
| Dec 31, 2025 | 2.33 Bn |
| Sep 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 674.61 Mn |
| Mar 31, 2025 | 454.40 Mn |
| Dec 31, 2024 | 379.06 Mn |
| Sep 30, 2024 | 757.93 Mn |
| Jun 30, 2024 | 450.99 Mn |
| Mar 31, 2024 | 640.53 Mn |
| Dec 31, 2023 | 516.33 Mn |
| Sep 30, 2023 | 333.69 Mn |
| Jun 30, 2023 | 71.87 Mn |
| Mar 31, 2023 | 159.99 Mn |
| Dec 31, 2022 | 155.74 Mn |
| Sep 30, 2022 | 333.09 Mn |
| Jun 30, 2022 | 209.58 Mn |
| Mar 31, 2022 | 253.25 Mn |
| Dec 31, 2021 | 220.41 Mn |
| Sep 30, 2021 | 172.59 Mn |
| Jun 30, 2021 | 80.47 Mn |