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
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