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Super Micro Computer, Inc.

SMCITechnologyNASDAQ

Computer Hardware · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$21.97B
+46.6% YoY
Net Income
$1.05B
-9.0% YoY
EBITDA
$1.33B
+4.5% YoY
Free Cash Flow
-$7.45B

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About Super Micro Computer, Inc.

Super Micro Computer, Inc., together with its subsidiaries, develops and sells server and storage solutions based on modular and open-standard architecture in the United States, Asia, Europe, and. Valued at $30.17B, SMCI is a large-cap name in its sector. The company provides liquid and air-cooled AI servers for training and inferencing with integrated graphics processing units (GPUs) or PCIe based architectures; SuperBlade, MicroBlade, FlexTwin, GrandTwin, and BigTwin blade and multi-node systems; SuperStorage systems; Hyper, CloudDC, and WIO and rackmount systems; embedded (5G/IoT/Edge) systems; and MicroCloud server systems.

Key stats
Market Cap$30.17B
P/E (TTM)26.41
Fwd P/E15.48
EPS$1.90
Beta1.68
52W Change+13.7%
ROE17.9%
Analysis

On the balance sheet, SMCI has $1.31B in cash with $9.15B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$7.45B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 17.9%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.5% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $5.20B (2022) to $21.97B (2025), reflecting a 323% increase over the period.

A beta of 1.68 means SMCI is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Super Micro Computer, Inc. and its sector.

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