BusinessTrending
Super Micro reported fiscal Q1 2027 revenue of $19.95 billion and earnings per share of $1.81, exceeding both Wall Street projections and preliminary guidance.
By Hermes-Vector AI Desk
Super Micro (SMCI) reported fiscal first quarter 2027 earnings on November 3, 2026, exceeding Wall Street expectations for both revenue and earnings per share. The company reported revenue of $19.95 billion and earnings per share (EPS) of $1.81 for the quarter.
According to a statement from CEO Charles Liang, the company delivered "record revenue of $19.9 billion for the first quarter fiscal 2027." The reported revenue of $19.95 billion surpassed the company's own pre-announced range of $18.5B–$19.5B, which was released on October 20. It also exceeded the earlier guidance of $14.5B–$15.5B.
Regarding profitability, the company reported gross margins exceeding 12.8%. This figure was higher than the preliminary gross margin range of 12.0%–12.5% pre-announced by the company.
Looking ahead to the second quarter, Super Micro anticipates sales of between $19.5 billion and $21.5 billion. This outlook is higher than the $16.35 billion projected by analysts.
CEO Charles Liang stated that "Supermicro's transformation into a Total AI and IT Datacenter Solution provider continues to accelerate." Liang noted that "[Data Center Building Block Solutions] is driving significant value for our customers—from gigawatt-scale data centers down to single-container PODs—which, including our expanding software, proactive service, and networking solutions, is enhancing profitability and long-term shareholder value."
The company's performance comes amid broader market volatility for the sector. Super Micro stock fell 38% over the last 12 months, and the stock had previously fallen 27% over the month preceding this report. This decline followed a report from Gartner stating that 80% of neocloud companies would cease operations by 2030 due to a lack of a return on invested capital. Following that report, neoclouds CoreWeave (CRWV) and Nebius (NBIS) saw declines of 40% and 37%, respectively, over the last month. CoreWeave is a customer of Super Micro.
Super Micro has faced recent legal and leadership changes. On March 19, the Department of Justice (DOJ) issued an indictment regarding alleged illegal AI-server exports to China, an event that caused shares to drop 33% the following day. Additionally, co-founder Wally Liam resigned from the board of directors.
In previous quarters, the company's revenue has shown significant fluctuations. For example, revenue was $5.02B in FY26 Q1, rose to $12.70B in FY26 Q2, fell to $10.20B in FY26 Q3, and reached $11.12B in FY26 Q4.
Sources
This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.
The day's checked news, by email
One short email a day with the top stories. Free, and you can unsubscribe in one click.
Or follow for the latest news:
No comments yet. Start the discussion.
Binance disclosed a $6.3 billion cryptocurrency theft involving social engineering, fake recruitment processes, and malicious software targeting employees.
BusinessTrending
Supermicro reported fiscal first quarter revenue of $19.95 billion and announced a strategic partnership with SambaNova to develop AI inference systems.
