Supermicro reports $5B Q1 revenue, secures $12B in new orders

SAN JOSE - Super Micro Computer, Inc. (NASDAQ:SMCI), currently valued at $31.2 billion, reported preliminary first quarter fiscal 2026 revenue of approximately $5 billion, falling short of its previous guidance range of $6 billion to $7 billion, according to a press release statement issued by the company. Despite the miss, InvestingPro data shows the company has maintained strong momentum, with the stock up over 71% year-to-date.

The server and data center equipment manufacturer attributed the revenue shortfall to design win upgrades that pushed some expected Q1 revenue into the second quarter. However, the company announced it has secured recent design wins exceeding $12 billion, with delivery requested for Q2 fiscal 2026. According to InvestingPro analysis, SMCI maintains excellent financial health with an overall score of 3.31 out of 4, suggesting strong fundamentals despite short-term revenue fluctuations.

"Supermicro is seeing outstanding levels of customer engagements for newly released AI liquid cooled solutions along with numerous key customers ramping large, multi-quarter, volume deployments," said Charles Liang, President and CEO of Supermicro.

The company reported strong demand for its Nvidia GB300, B300, RTX Pro, and AMD 355X LC products, which have begun shipping. Despite the Q1 revenue miss, Supermicro reiterated its full-year fiscal 2026 revenue forecast of at least $33 billion.

Supermicro has scheduled its earnings conference call for November 4 at 5 PM EST, where it plans to provide further updates on expected Q2 deliveries and revenues.

The company noted that the financial information provided is preliminary and may be subject to change when final results are reported.

In other recent news, Super Micro Computer has launched its Data Center Building Block Solutions (DCBBS), offering a comprehensive suite of data center infrastructure components, including servers, storage, and networking. This new business line positions Supermicro as a single vendor for complete data center solutions, with all components tested and integrated at their facilities before shipment. Additionally, Supermicro has started volume shipments of NVIDIA’s Blackwell ultra systems, which are designed to enhance the efficiency of AI model training and operations. These shipments include Plug-and-Play-ready NVIDIA HGX B300 systems and GB300 NVL72, catering to the growing demand for advanced AI tools.

In other developments, Lambda has deployed hydrogen-powered NVIDIA GB300 systems built by Supermicro, featuring direct-to-chip liquid cooling systems. This innovative deployment highlights the integration of sustainable energy solutions in high-performance computing. Analyst firm Bernstein SocGen has initiated coverage of Super Micro Computer with a Market Perform rating, noting the company’s significant growth but expressing concerns about potential deceleration and aggressive guidance. These recent developments reflect Supermicro’s ongoing efforts to expand its product offerings and maintain its position in the competitive technology market.

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