Super Micro Computer, Inc. (SMCI)

Super Micro Computer beat expectations on both the top and bottom line in the first fiscal quarter of 2027, based on preliminary results reported November 3, 2026, with revenue up 297.5% year over year to about $19.9 billion. Revenue of $19.946 billion topped the $17.534 billion estimate, +13.8%, as the server and storage systems business benefited from data-center and AI-oriented demand. Adjusted EPS came in at $1.81, up 417.1% from $0.35 a year ago, and topped the $1.28 estimate, +41.4%, while net income surged 847.3% year over year to roughly $1.6 billion (up from about $168 million a year ago). Profitability was mixed in rate terms, with gross margin at 12.7% and operating margin at 10.4% alongside the sharp expansion in revenue scale, and the quarter produced roughly $2.5 billion of gross profit and about $2.1 billion of operating income. Cash generation was pressured, with negative operating cash flow of about $434 million, and the company paid roughly $63.7 million in dividends. For the next period, consensus calls for EPS of $1.14 on revenue of $18.106 billion.