Supermicro Reports Q1 FY2027 Results with $19.9B Net Sales and Declares Preferred Dividend

Overview of Filing

Super Micro Computer, Inc. filed a Form 8-K on November 3, 2026, disclosing its financial results for the first quarter of fiscal year 2027 ended September 30, 2026 (Item 2.02) and declaring a cash dividend on its preferred stock (Item 8.01).

Key Financial Highlights (Q1 FY2027)

• Net Sales: $19.9 billion, compared to $11.1 billion in Q4 FY26 and $5.0 billion in Q1 FY26.
• Gross Margin: GAAP gross margin of 12.7% (Non-GAAP 12.8%), compared to 9.3% (Non-GAAP 9.5%) in Q1 FY26.
• Net Income: $1,594 million, up significantly from $168 million in Q1 FY26.
• Diluted EPS: GAAP diluted EPS was $1.75 (vs. $0.26 in Q1 FY26); Non-GAAP diluted EPS was $1.81 (vs. $0.35 in Q1 FY26).
• Cash Flow: Operating cash outflow of $434 million; capital expenditures and investments were $47 million.
• Balance Sheet: Total cash and cash equivalents stood at $6.9 billion, with total bank debt and convertible notes at $8.6 billion as of September 30, 2026.

Business Outlook

• Q2 FY2027: Expected net sales of $19.5B to $21.5B, with GAAP EPS of $1.59 to $1.83 and non-GAAP EPS of $1.66 to $1.90.
• Full Fiscal Year 2027: Reaffirmed/projected net sales range of $72.0B to $82.0B.

Preferred Stock Dividend (Item 8.01)

• The Board declared a cash dividend of $17.50 per share on its 7.00% Series A Mandatory Convertible Preferred Stock, equivalent to $0.875 per depositary share (Nasdaq: SMCIP).
• Record Date: November 15, 2026.
• Payment Date: December 1, 2026.