Supermicro generated more than $60 billion of new orders during fiscal 2026 and entered fiscal 2027 with record backlog as demand for artificial intelligence and data center infrastructure continued to accelerate. The company is now targeting fiscal 2027 revenue of $65 billion to $72 billion, compared with $39.1 billion generated in fiscal 2026.
The fiscal 2027 outlook would represent another major increase in scale after full-year fiscal 2026 revenue surged approximately 78% from $22 billion in fiscal 2025. Net income more than doubled to $2.2 billion from $1 billion, while non-GAAP net income attributable to common shareholders increased to $2.5 billion from $1.3 billion.
Momentum accelerated during the fourth quarter. Q4 net sales reached $11.1 billion, compared with $10.2 billion in Q3 and $5.8 billion a year earlier. Net income surged to $1.18 billion from $195 million, while diluted EPS increased to $1.62 from $0.31.
Gross margin also rebounded sharply. GAAP gross margin reached 17.5% compared with 9.9% in Q3 and 9.5% a year earlier, representing an 800-basis-point year-over-year improvement. Non-GAAP gross margin reached 17.6%.
Supermicro attributed the profitability improvement partly to a richer mix of enterprise customers and broader adoption of its optimized Data Center Building Block Solutions architecture. The company said it added several hundred enterprise and other customers during the past year while continuing to invest in manufacturing scale and technology.
For the first quarter of fiscal 2027, Supermicro expects sales of $14.5 billion to $15.5 billion. GAAP diluted EPS is expected between $0.89 and $0.98, while non-GAAP diluted EPS is projected between $1.01 and $1.10.
The company ended June with $7.5 billion of cash and cash equivalents against $8.7 billion of bank debt and convertible notes. Q4 operating cash flow reached $747 million, while capital expenditures and investments totaled $25 million.
Supermicro noted that the announced financial information remains preliminary because its fiscal-year closing procedures are not complete. The company also disclosed that its board is conducting an independent review of certain transactions related to export-control issues, and said the outcome could affect forecasts, preliminary results and prior-period results.
KEY QUOTES:
“Our Total AI/IT Solutions strategy continues to deliver strong results, we added several hundred enterprise and other customers in the past year, generated more than $60 billion in new orders, and booked record backlog entering fiscal 2027.”
Charles Liang, Founder, President And CEO Of Supermicro
