Financial Data and Key Metrics Changes - The company achieved a record revenue of $12.68 billion for Q2 FY 2026, representing a 123% year-over-year growth and a 153% quarter-over-quarter increase, exceeding guidance of $10 billion to $11 billion [7][16] - Non-GAAP gross margin for Q2 was 6.4%, down from 9.5% in Q1, impacted by customer and product mix, as well as higher freight and production costs [18] - GAAP operating expenses were $324 million, up 14% quarter-over-quarter and 8% year-over-year, while non-GAAP operating expenses were $241 million, up 18% quarter-over-quarter and 6% year-over-year [19] Business Line Data and Key Metrics Changes - The enterprise channel revenue segment totaled $2 billion, representing about 16% of revenue, down from 31% in the prior quarter, but up 42% year-over-year [17] - The OEM appliance and large data center segment revenue was $10.7 billion, representing approximately 84% of Q2 revenue, up from 68% in the last quarter, and up 151% year-over-year [17] Market Data and Key Metrics Changes - By geography, the US represented 86% of Q2 revenue, Asia 9%, Europe 3%, and the rest of the world 2% [17] - Year-over-year, US revenue increased 184%, Asia grew 53%, Europe decreased 63%, and the rest of the world increased 77% [18] Company Strategy and Development Direction - The company is focusing on the development of its Data Center Building Block Solution (DCBBS) to enhance profitability and customer value, expecting it to contribute significantly to profits in the second half of FY 2026 [9][10] - The company is expanding its global manufacturing footprint, with new production sites in Taiwan, Malaysia, and the Netherlands, to optimize cost structure and support regional AI requirements [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for AI and IT infrastructure, stating that the DCBBS solution is essential for customers to build out their AI and cloud capabilities more efficiently [14][15] - The company guided for at least $12.3 billion in revenue for Q3 and raised full-year revenue guidance to at least $40 billion, indicating a conservative approach due to supply constraints [15][24] Other Important Information - The company has expanded access to working capital through a $2 billion cash flow-based secured revolving credit facility and a $1.8 billion secured Taiwan revolving debt facility [22] - Cash position at quarter-end totaled $4.1 billion, with a net debt position of $787 million, compared to $579 million in the prior quarter [23] Q&A Session Summary Question: Margin Improvement Expectations - Management indicated that customer mix is improving and that gross margins are expected to improve quarter-over-quarter due to reduced expedite transportation costs and tariff impacts [27][28] Question: Full-Year Guidance Clarification - Management stated that the $40 billion guidance is conservative and that revenue could exceed this if supply constraints improve [35][36] Question: DCBBS Contribution to Revenue - DCBBS is expected to grow rapidly, contributing significantly to profits, with management highlighting its advantages in simplifying data center builds [37][39] Question: Component Shortages Impact - Management acknowledged that component shortages are driven by strong demand in the AI and large data center sectors, but they do not expect it to significantly hurt their business [62] Question: Customer Mix and Future Sales - Management is focused on diversifying the customer base, targeting both large and mid-sized enterprise customers to enhance revenue growth [83]

Super Micro Computer (NasdaqGS:SMCI) Q2 2026 Earnings call February 03, 2026 05:00 PM ET Company ParticipantsCharles Liang - CEODavid Weigand - CFOMichael Staiger - VP of Corporate DevelopmentConference Call ParticipantsAnanda Prosad Baruah - Equity Research AnalystAsiya Merchant - Equity Research AnalystBrandon Nispel - Equity Research AnalystCatherine Murphy - Equity Research AnalystJonathan Tanwanteng - Equity Research AnalystMark Newman - Senior Equity Research AnalystNehal Sushil Chokshi - Senior Equit ...

Financial Data and Key Metrics Changes - Super Micro achieved record revenue of $12.68 billion in Q2 FY 2026, representing a 123% year-over-year growth and a 153% quarter-over-quarter increase, exceeding guidance of $10 billion to $11 billion [6][16] - Non-GAAP gross margin for Q2 was 6.4%, down from 9.5% in Q1, impacted by customer and product mix, as well as higher freight and production costs [18] - GAAP operating expenses were $324 million, up 14% quarter-over-quarter and 8% year-over-year, while non-GAAP operating expenses were $241 million, up 18% quarter-over-quarter and 6% year-over-year [19] Business Line Data and Key Metrics Changes - The enterprise channel revenue segment totaled $2 billion, representing about 16% of revenue, down from 31% in the prior quarter, but up 42% year-over-year [17] - The OEM appliance and large data center segment revenue was $10.7 billion, representing approximately 84% of Q2 revenue, up from 68% in the last quarter, and up 151% year-over-year [17] Market Data and Key Metrics Changes - By geography, the US represented 86% of Q2 revenue, Asia 9%, Europe 3%, and the rest of the world 2% [17] - Year-over-year, US revenue increased 184%, Asia grew 53%, Europe decreased 63%, and the rest of the world increased 77% [18] Company Strategy and Development Direction - The company is focusing on the development of its Data Center Building Block Solution (DCBBS) to enhance profitability and customer value, expecting DCBBS to contribute significantly to profits by the end of calendar 2026 [9][10] - Super Micro is expanding its global manufacturing footprint, with new production sites in Taiwan, Malaysia, and the Netherlands, to optimize cost structure and support regional AI requirements [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for AI and IT infrastructure, indicating that the DCBBS solution is well-positioned to meet customer needs for faster and more efficient data center builds [13] - The company guided for at least $12.3 billion in revenue for Q3 FY 2026 and raised full-year revenue guidance to at least $40 billion, reflecting a conservative estimate considering supply constraints [14][25] Other Important Information - Cash flow used in operations for Q2 was $24 million, a significant improvement from $918 million used in the prior quarter, with a closing inventory of $10.6 billion [21] - The company has expanded access to working capital through a $2 billion cash flow-based secured revolving credit facility and a $1.8 billion secured Taiwan revolving debt facility [21] Q&A Session Summary Question: Margin Improvement Expectations - Management indicated that customer mix is improving and that gross margins are expected to improve quarter-over-quarter due to reduced expedite transportation costs and tariff impacts [28] Question: Full-Year Guidance Clarification - Management stated that the $40 billion guidance is conservative and that business is expected to continue growing, particularly with the DCBBS attracting more customers [37] Question: Component Shortages Impact - Management acknowledged that component shortages are a significant factor but emphasized that demand is strong, which is a positive sign for growth [61] Question: Customer Mix and DCBBS Adoption - Management noted that DCBBS is appealing to a wide range of customers, including large, medium, and small-scale data center builders, indicating a broad market appeal [63] Question: Future Customer Diversification - Management expressed optimism about increasing customer diversification, with a focus on both large and mid-sized enterprise customers [81]

Core Insights - Super Micro's revenue surged to $12.7 billion as previously delayed orders were fulfilled, indicating a strong demand recovery in the market [1] - Despite the revenue growth, the company faced aggressive competition and rising costs, which resulted in a significantly reduced gross margin of 6.3% [1] Revenue Performance - The company's revenue reached $12.7 billion, reflecting a substantial increase due to the realization of delayed orders [1] - This revenue growth suggests a positive trend in order fulfillment and market demand [1] Margin Analysis - Gross margins were reported at a narrow 6.3%, highlighting the impact of competitive pressures and increasing operational costs [1] - The thin margin indicates potential challenges in maintaining profitability amidst rising expenses [1]

Core Insights - The company reported a quarterly profit of $400.6 million, indicating strong financial performance [1] - Sales more than doubled, reaching $12.68 billion, showcasing significant growth in revenue [1] Financial Performance - Quarterly profit stands at $400.6 million, reflecting a robust profit margin [1] - Sales increased from previous periods, with a notable rise to $12.68 billion, highlighting effective market strategies [1]

Super Micro Computer, Inc. (NASDAQ:SMCI) shares rallied in Tuesday's extended trading after the company released its second-quarter earnings report, beating Wall Street estimates on the top and bottom lines.Here's a look at the key figures from the quarter. SMCI stock is moving. Watch the price action here.The Details: Super Micro Computer reported quarterly earnings of 69 cents per share, which beat the analyst consensus estimate of 49 cents by 41.68%, according to data from Benzinga Pro.Quarterly revenue ...

Super Micro Computer raised its annual revenue forecast on Tuesday, anticipating robust demand for its AI-optimized servers would continue as companies expand their data center capacity. ...

FQ2 2026 Results February 3rd, 2026 Use of Non-GAAP Financial Measures To supplement its condensed consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), the Company uses non-GAAP measures that are adjusted for certain items from the most directly comparable GAAP measures. The specific non-GAAP measures presented below are: gross profit, gross margin; operating expenses; net income; net income per common share; diluted net income; diluted ...

来源：滚动播报 超微电脑（Super Micro Computer）盘后股价上涨7.8%。 ...

Exhibit 99.1 Supermicro Announces Second Quarter Fiscal Year 2026 Financial Results SAN JOSE, Calif. -- February 3, 2026 -- (BUSINESS WIRE) -- Super Micro Computer, Inc. (NASDAQ: SMCI) ("Supermicro" or the "Company"), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced unaudited financial results for its second quarter of fiscal year 2026 ended December 31, 2025. Second Quarter Fiscal Year 2026 Highlights "With our leading AI server and storage technology foundation, strong cus ...