Super Micro Computer, Inc. (SMCI) Preliminary Business Update

Super Micro Computer, Inc. (SMCI) has issued a preliminary business update for the fourth quarter of fiscal year 2026, ended June 30, 2026. The company estimates revenues to be near the low end of their guidance, between $11.0 billion and $12.5 billion. However, both GAAP and non-GAAP gross margins are projected to be significantly higher than anticipated, ranging from 15% to 17%, attributed to a favorable customer and product mix. Notably, SMCI reported record backlog levels at the end of fiscal 2026, with over $60 billion in new orders received during the fourth quarter, expected to be delivered in future quarters. The company has also scheduled its earnings call for August 11th at 5 p.m. EST to discuss its fourth quarter and full-year fiscal 2026 financial results. This unaudited financial information is preliminary and subject to revision.