Supermicro's quarterly sales almost quadruple to $19.9bn on AI servers, with a 12.7% gross margin, and it guides to $72bn–$82bn for the year
Net income was $1.59bn, but operating cash flow was negative $434m as money went into working capital.
Super Micro Computer reported net sales of $19.9bn for its first fiscal quarter of 2027, which ended on 30 September, in a release filed with the SEC on 3 November. That compares with $11.1bn in the previous quarter and $5.0bn a year earlier.
GAAP gross margin was 12.7%, against 17.5% in the previous quarter and 9.3% a year earlier. GAAP net income was $1.59bn. Diluted earnings per share were $1.75 on a GAAP basis and $1.81 on an adjusted basis. Operating cash flow was negative $434m.
For the second quarter Supermicro guides to net sales of $19.5bn to $21.5bn, and for the full fiscal year to $72.0bn to $82.0bn.
The company sells the servers and racks that hold AI chips. Its chief executive, Charles Liang, credits its “transformation into a Total AI and IT Datacenter Solution provider”. The quarter shows AI server sales growing very fast on thin margins, with cash going into stock and receivables.
- Confirmed Net sales were $19.9bn against $5.0bn a year earlier; GAAP gross margin was 12.7% and net income $1.59bn. Supermicro 8-K exhibit 99.1
- Confirmed Supermicro guides to $19.5bn–$21.5bn for the second quarter and $72.0bn–$82.0bn for the fiscal year. Supermicro 8-K exhibit 99.1
- Confirmed Operating cash flow was negative $434m. Supermicro 8-K exhibit 99.1
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