Super Micro Computer Inc. (SMCI) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
980 ROCK AVENUE SAN JOSE, CA 95131 |
| State of Incorp. | CA |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3571 - Electronic Computers (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 726 | 440 | 267 | 232 | 211 | 249 | |||
| Cash and cash equivalents | 726 | 440 | 267 | 232 | 211 | 248 | |||
| Short-term investments | 0 | 1 | |||||||
| Restricted cash and investments | 0 | 0 | 0 | 12 | |||||
| Receivables | 1,503 | 1,148 | 843 | 473 | 412 | 407 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,467 | 1,446 | 1,546 | 1,041 | 851 | 670 | |||
| Inventory | 2,467 | 1,446 | 1,546 | 1,041 | 851 | 670 | |||
| Prepaid expense | 6 | 7 | 7 | 7 | |||||
| Deferred costs | 6 | 5 | 4 | 3 | |||||
| Other current assets | 7 | 6 | 6 | 4 | |||||
| Other undisclosed current assets | 147 | 145 | 132 | 104 | 100 | 69 | |||
| Total current assets: | 4,842 | 3,179 | 2,806 | 1,867 | 1,593 | 1,422 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 297 | 290 | 286 | 275 | 234 | 207 | |||
| Long-term investments and receivables | 5 | 5 | 3 | 2 | |||||
| Long-term investments | 5 | 5 | 3 | 2 | |||||
| Deferred income tax assets | 218 | 163 | 70 | 63 | 55 | 41 | |||
| Other noncurrent assets | 47 | 42 | 38 | 32 | 34 | 11 | |||
| Total noncurrent assets: | 563 | 495 | 399 | 375 | 326 | 261 | |||
| TOTAL ASSETS: | 5,405 | 3,675 | 3,205 | 2,242 | 1,919 | 1,683 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,476 | 941 | 967 | 804 | 578 | 488 | |||
| Taxes payable | ✕ | ✕ | ✕ | 42 | 13 | 5 | 13 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 58 | |||||
| Accounts payable | 1,262 | 777 | 655 | 612 | 418 | 360 | |||
| Accrued liabilities | 214 | 164 | 212 | 179 | 155 | 115 | |||
| Deferred revenue | 193 | 135 | 111 | 101 | 106 | 94 | |||
| Debt | 170 | 449 | 63 | 24 | 24 | ||||
| Other undisclosed current liabilities | 323 | 129 | (58) | ||||||
| Total current liabilities: | 1,992 | 1,375 | 1,470 | 969 | 708 | 606 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 99 | 148 | 35 | 6 | |||||
| Long-term debt, excluding current maturities | 99 | 148 | 35 | 6 | |||||
| Liabilities, other than long-term debt | 237 | 208 | 162 | 142 | 140 | 135 | |||
| Accounts payable and accrued liabilities | |||||||||
| Deferred revenue | 190 | 170 | 123 | 101 | 98 | 109 | |||
| Other liabilities | 46 | 38 | 39 | 41 | 42 | 26 | |||
| Other undisclosed noncurrent liabilities | 120 | ||||||||
| Total noncurrent liabilities: | 336 | 328 | 309 | 177 | 145 | 135 | |||
| Total liabilities: | 2,328 | 1,703 | 1,779 | 1,146 | 853 | 741 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,077 | 1,972 | 1,426 | 1,096 | 1,066 | 941 | |||
| Treasury stock, value | (20) | (20) | |||||||
| Accumulated other comprehensive income (loss) | 1 | 1 | 1 | 0 | (0) | (0) | |||
| Retained earnings | 1,886 | 1,433 | 943 | 658 | 696 | 612 | |||
| Other undisclosed equity, attributable to parent | 1,190 | 538 | 482 | 438 | 390 | 350 | |||
| Equity, attributable to noncontrolling interest | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total equity: | 3,077 | 1,972 | 1,426 | 1,096 | 1,066 | 941 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,405 | 3,675 | 3,205 | 2,242 | 1,919 | 1,683 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 9,253 | 7,123 | 5,196 | 3,557 | 3,339 | 3,500 | ||
| Cost of revenue | (7,737) | (5,840) | (4,396) | (3,023) | (2,813) | (3,005) | ||
| Gross profit: | 1,516 | 1,283 | 800 | 535 | 526 | 496 | ||
| Operating expenses | (646) | (522) | (465) | (411) | (441) | (398) | ||
| Operating income: | 870 | 761 | 335 | 124 | 86 | 97 | ||
| Nonoperating income (expense) | 1 | 4 | 8 | (3) | 1 | (1) | ||
| Gain (loss), foreign currency transaction, before tax | 6 | 3 | 14 | (2) | (1) | 0 | ||
| Interest and debt expense | (15) | (10) | (6) | (2) | (2) | (7) | ||
| Income from continuing operations before equity method investments, income taxes: | 856 | 754 | 337 | 119 | 85 | 90 | ||
| Income (loss) from equity method investments | 1 | (4) | 1 | 0 | 2 | (3) | ||
| Income from continuing operations before income taxes: | 856 | 751 | 338 | 119 | 87 | 87 | ||
| Income tax expense | (124) | (111) | (53) | (7) | (3) | (15) | ||
| Income from continuing operations: | 732 | 640 | 285 | 112 | 84 | 72 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 285 | 112 | 84 | 72 | |
| Other undisclosed net income (loss) | (0) | (0) | (0) | 0 | 0 | 0 | ||
| Net income: | 732 | 640 | 285 | 112 | 84 | 72 | ||
| Other undisclosed net income (loss) attributable to parent | 0 | 0 | 0 | (0) | (0) | (0) | ||
| Net income available to common stockholders, basic: | 732 | 640 | 285 | 112 | 84 | 72 | ||
| Interest on convertible debt | ||||||||
| Net income available to common stockholders, diluted: | 732 | 640 | 285 | 112 | 84 | 72 | ||
Comprehensive Income ($ in millions)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 732 | 640 | 285 | 112 | 84 | 72 | ||
| Other comprehensive income (loss) | 0 | |||||||
| Comprehensive income: | 732 | 640 | 285 | 112 | 84 | 72 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (0) | 0 | 1 | (0) | (0) | ||
| Comprehensive income, net of tax, attributable to parent: | 732 | 640 | 286 | 112 | 84 | 72 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.