US Stock Movement | Super Micro Computer falls over 5.7% as Q1 preliminary revenue data significantly misses market expectations

On Thursday, Super Micro Computer's stock price fell, dropping over 5.7% to $49.48 as of the time of writing. This came after the company announced preliminary revenue data for the first fiscal quarter that fell far short of market expectations. The company stated that revenue for the first quarter of fiscal year 2026 is approximately $5 billion, below the market consensus expectation of $6.48 billion. The company explained that some orders received have deferred revenue recognition to the second quarter due to upgrades. However, the company emphasized that the total amount of newly added design orders has exceeded $12 billion, and deliveries are expected to begin in the second quarter of fiscal year 2026