Super Micro Computer (SMCI) Work In Process (2012 - 2026)
Super Micro Computer's (SMCI) quarterly Work In Process came in at $2.0 billion in Q1 2026, up 338.28% YoY from $454.4 million in Q1 2025, and down 14.58% on a QoQ basis from $2.3 billion in Q4 2025.
Super Micro Computer (SMCI) Work In Process (2012 - 2026) Analysis & Trends
Super Micro Computer (SMCI) has 15 years of Work In Process data on file, last reported at $2.0 billion in Q1 2026.
- Quarterly Work In Process rose 338.28% year-over-year to $2.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 338.28% YoY) and the FY2025 annual result came in at $674.6 million, up 49.58% from the prior year.
- Work In Process retreated to $2.0 billion in Q1 2026, from $2.3 billion in the prior quarter.
- In the past five years, Work In Process ranged from a high of $2.3 billion in Q4 2025 to a low of $71.9 million in Q2 2023.
- A 5-year average of $645.5 million and a median of $451.0 million in 2024 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2023 — Work In Process sank 65.71% — and 2024, when it surged 527.48%.
- Tracing SMCI's Work In Process over 5 years: 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 | 279.74 Bn | 268.16 Bn | 7.78 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn |
| 10 | IonQ | 13.97 Bn | 11.94 Bn | 15.41 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 |