--- title: "Super Micro Computer | 8-K: FY2026 Q3 Revenue Misses Estimate at USD 10.24 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/285260929.md" datetime: "2026-05-05T20:23:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285260929.md) - [en](https://longbridge.com/en/news/285260929.md) - [zh-HK](https://longbridge.com/zh-HK/news/285260929.md) generator: "portal-rs" --- # Super Micro Computer | 8-K: FY2026 Q3 Revenue Misses Estimate at USD 10.24 B Revenue: As of FY2026 Q3, the actual value is USD 10.24 B, missing the estimate of USD 12.45 B. EPS: As of FY2026 Q3, the actual value is USD 0.72, beating the estimate of USD 0.5157. EBIT: As of FY2026 Q3, the actual value is USD 644.91 M. ### Revenue Super Micro Computer, Inc. reported net sales of $10.2 billion for the third quarter of fiscal year 2026, a significant increase compared to $4.6 billion in Q3 FY25. ### Operational Metrics #### Profitability - **GAAP Gross Margin**: For Q3 FY26, the GAAP gross margin was 9.9%, up from 9.6% in Q3 FY25. - **Non-GAAP Gross Margin**: The non-GAAP gross margin increased to 10.1% in Q3 FY26 from 9.7% in Q3 FY25. - **Net Income**: Net income for Q3 FY26 was $483 million, a substantial rise from $109 million in Q3 FY25. - **Income from Operations**: Income from operations for Q3 FY26 was $625,868 thousand, compared to $146,780 thousand in Q3 FY25. - **Other Income, Net**: Other income, net, was $4,147 thousand in Q3 FY26, improving from an expense of -$32,967 thousand in Q3 FY25. - **Interest Income**: Interest income grew to $45,437 thousand in Q3 FY26 from $14,654 thousand in Q3 FY25. - **Interest Expense**: Interest expense increased to -$64,483 thousand in Q3 FY26 from -$13,402 thousand in Q3 FY25. - **Non-GAAP Gross Profit**: Non-GAAP gross profit for Q3 FY26 was $1,030,202 thousand, compared to $447,278 thousand in Q3 FY25. - **Adjusted EBITDA**: Adjusted EBITDA reached $814,296 thousand in Q3 FY26, a substantial increase from $253,887 thousand in Q3 FY25. - **Adjusted EBITDA as a Percentage of Net Sales**: Adjusted EBITDA as a percentage of net sales was 7.9% in Q3 FY26, up from 5.5% in the prior year. - **Non-GAAP Net Income Diluted**: Non-GAAP net income diluted was $598,496 thousand in Q3 FY26, significantly higher than $194,026 thousand in Q3 FY25. #### Operating Costs - **Total Operating Expenses**: Total operating expenses for Q3 FY26 were $392,812 thousand, up from $293,438 thousand in Q3 FY25. - **Research and Development Expenses**: Research and development expenses increased to $215,659 thousand in Q3 FY26 from $162,857 thousand in Q3 FY25. - **Sales and Marketing Expenses**: Sales and marketing expenses were $89,510 thousand in Q3 FY26, compared to $59,978 thousand in Q3 FY25. - **General and Administrative Expenses**: General and administrative expenses rose to $87,643 thousand in Q3 FY26 from $70,603 thousand in Q3 FY25. - **Non-GAAP Operating Expenses**: Non-GAAP operating expenses were $278,400 thousand in Q3 FY26, up from $215,794 thousand in Q3 FY25. ### Cash Flow - **Cash Flow Used in Operations (Q3 FY26)**: Cash flow used in operations for Q3 FY26 was $6.6 billion. - **Capital Expenditures and Investments (Q3 FY26)**: Capital expenditures and investments amounted to $97 million in Q3 FY26. - **Net Cash Used in Operating Activities (Nine Months Ended March 31, 2026)**: Net cash used in operating activities was -$7,556,847 thousand, a decrease from $795,911 thousand provided by operating activities in the prior year period. - **Net Cash Used in Investing Activities (Nine Months Ended March 31, 2026)**: Net cash used in investing activities was -$175,769 thousand, compared to -$104,536 thousand in the same nine-month period last year. - **Net Cash Provided by Financing Activities (Nine Months Ended March 31, 2026)**: Net cash provided by financing activities significantly increased to $3,906,835 thousand from $174,618 thousand year-over-year. ### Unique Metrics - **Total Cash and Cash Equivalents**: As of March 31, 2026, Super Micro Computer, Inc. had total cash and cash equivalents of $1.3 billion. - **Total Bank Debt and Convertible Notes**: Total bank debt and convertible notes stood at $8.8 billion as of March 31, 2026. ### Outlook / Guidance For the fourth quarter of fiscal year 2026, Super Micro Computer, Inc. anticipates net sales to be in the range of $11.0 billion to $12.5 billion. The company expects GAAP net income per diluted share to be between $0.53 and $0.67, and non-GAAP net income per diluted share to range from $0.65 to $0.79. For the full fiscal year 2026, net sales are projected to be in the range of $38.9 billion to $40.4 billion. ### Related Stocks - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) ## Related News & Research - [Super Micro stock climbs as earnings soar past expectations](https://longbridge.com/en/news/295578854.md) - [Why Is SMCI Stock Climbing on Monday?](https://longbridge.com/en/news/302305403.md) - [Cboe Global Markets (CBOE) Stock Jumps As Q2 Earnings Mask Valuation Risk](https://longbridge.com/en/news/303820116.md) - [Amgen (AMGN) Stock Could Trade At A Discount To Cash Flow](https://longbridge.com/en/news/303820430.md) - [Xiaomi Auto delivers over 50,000 vehicles in October as Sky Nomad drives return to year-on-year growth](https://longbridge.com/en/news/303843080.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**