Supermicro reports record $19.9bn quarter, up 298%, and forecasts $72bn to $82bn for the fiscal year
The AI server maker's gross margin was 12.7% and operations used $434m of cash; the shares rose nearly 8% after hours.
Why it matters
Supermicro assembles the racks that put Nvidia and AMD accelerators into data centres, so its sales are a direct read on AI build-outs. Revenue nearly quadrupled from a year earlier, but a 12.7% gross margin and $434m of cash used in operations show how thin the profits are. The fiscal-year forecast of $72bn to $82bn sits above the $69.17bn analysts expected. Watch second-quarter revenue against the $19.5bn to $21.5bn guide and whether margins improve.
Key facts
- Q1 FY2027 revenue: $19.9bn, up 298%
- Adjusted EPS: $1.81 vs $1.62 expected
- FY2027 outlook: $72bn to $82bn
- Q2 revenue outlook: $19.5bn to $21.5bn
- GAAP gross margin: 12.7%
- Cash used in operations: $434m