Supermicro Crushes Q4 Estimates With $11.1 Billion Revenue, Guides to $72 Billion Year

Data center server maker Super Micro Computer reported fiscal fourth-quarter results Tuesday that sent its stock up roughly 18 percent in after-hours trading. Quarterly revenue hit $11.1 billion, more than doubling from $5.0 billion a year earlier, and non-GAAP diluted earnings of $1.70 per share crushed the consensus estimate of 92 cents, according to Reuters.

A Historic Year

For the full fiscal year ended June 30, Supermicro posted revenue of $39.1 billion, nearly double fiscal 2025's $22.0 billion. Full-year net income was $2.2 billion, with adjusted earnings per share of $3.63 versus $2.06 a year earlier. The quarter's net income of $1.18 billion compares with $195 million in the same period one year ago, while gross margin finished above the 15 to 17 percent range the company had forecast during preliminary results.

Guidance That Remade the Map

Looking ahead, Supermicro guided first-quarter fiscal 2027 revenue to $14.5-15.5 billion, versus an analyst consensus of $11.68 billion, and full-year fiscal 2027 revenue to $65-72 billion against a Bloomberg consensus of $54.4 billion. Management pointed to a record order backlog driven by more than $60 billion in new orders, supporting the steep ramp in guidance.

The results mark a decisive turn from the company's 2024 accounting crisis, when its auditor resigned and gross margins collapsed to single digits. Its full rack-scale systems — integrating compute, storage, networking and liquid cooling into a single deployable unit — have become the preferred format for hyperscaler and sovereign AI GPU buildouts, and the stock's 9 percent extended-session gain on Tuesday followed a similar surge on the earnings release.