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
DateValue
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