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) Work In Process (2012 - 2026)

Super Micro Computer's (SMCI) quarterly Work In Process came in at $1.7 billion in Q2 2026, up 148.72% on a YoY basis from $674.6 million in Q2 2025, and down 15.75% quarter-over-quarter from $2.0 billion in Q1 2026.

Analysis

Super Micro Computer (SMCI) Work In Process (2012 - 2026) Analysis & Trends

Super Micro Computer (SMCI) has reported Work In Process for 15 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Work In Process rose 148.72% year-over-year to $1.7 billion; the trailing twelve-month figure through Jun 2026 stood at $1.7 billion (up 148.72% YoY), and the FY2026 full-year result was $1.7 billion, up 148.72% from the prior year.
  • Work In Process eased to $1.7 billion in Q2 2026 per SMCI's latest filing, from $2.0 billion in the prior quarter.
  • Across five years, Work In Process topped out at $2.3 billion in Q4 2025 and bottomed at $71.9 million in Q2 2023.
  • Historically, Work In Process has averaged $702.8 million across 5 years, with a median of $452.7 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Work In Process slumped 65.71% in 2023, then soared 527.48% in 2024.
  • Over 5 years, Work In Process stood at $155.7 million in 2022, then jumped by 231.54% to $516.3 million in 2023, then slipped by 26.59% to $379.1 million in 2024, then soared by 515.09% to $2.3 billion in 2025, then declined by 28.03% to $1.7 billion in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $1.7 billion, $2.0 billion, and $2.3 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

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

Historic Data

Download Data
DateValue
Jun 30, 2026 1.68 Bn
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