Super Micro Computer, Inc. (SMCI) financial statements (2022 and earlier)
Company profile
| Business Address |
980 ROCK AVENUE SAN JOSE, CA 95131 |
| State of Incorp. | CA |
| Fiscal Year End | June 30 |
| SIC | 3571 - Electronic Computers (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2017 | 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 247 | 232 | 211 | 249 | 111 | 181 | 95 | ||
| Cash and cash equivalents | 247 | 232 | 211 | 248 | 111 | 181 | 95 | ||
| Short-term investments | 0 | 1 | |||||||
| Restricted cash and investments | 0 | 0 | 0 | 12 | |||||
| Receivables | 497 | 473 | 412 | 407 | 331 | 294 | 336 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,394 | 1,041 | 851 | 670 | 737 | 449 | 463 | ||
| Inventory | 1,394 | 1,041 | 851 | 670 | 737 | 449 | 463 | ||
| Prepaid expense | 7 | 7 | 7 | 7 | 6 | 6 | 9 | ||
| Deferred costs | 5 | 5 | 4 | 3 | 3 | ||||
| Other current assets | 6 | 6 | 4 | 2 | |||||
| Other undisclosed current assets | 142 | 104 | 100 | 69 | 72 | 8 | 11 | ||
| Total current assets: | 2,293 | 1,867 | 1,593 | 1,422 | 1,261 | 938 | 914 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 280 | 275 | 234 | 207 | 196 | 188 | 163 | ||
| Long-term investments and receivables | 4 | 5 | 3 | 2 | 3 | 3 | 3 | ||
| Long-term investments | 4 | 5 | 3 | 2 | 3 | 3 | 3 | ||
| Deposits noncurrent assets | 0 | 1 | |||||||
| Restricted cash and investments | 2 | 2 | 1 | ||||||
| Deferred costs | 3 | 3 | 1 | ||||||
| Deferred income tax assets | 62 | 63 | 55 | 41 | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 37 | 32 | 34 | 11 | 11 | 9 | 5 | ||
| Other undisclosed noncurrent assets | 39 | 22 | 2 | ||||||
| Total noncurrent assets: | 383 | 375 | 326 | 261 | 254 | 228 | 175 | ||
| TOTAL ASSETS: | 2,677 | 2,242 | 1,919 | 1,683 | 1,515 | 1,166 | 1,090 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 881 | 804 | 578 | 488 | 511 | 310 | 376 | ||
| Accounts payable | 695 | 612 | 418 | 360 | 397 | 249 | 300 | ||
| Accrued liabilities | 171 | 179 | 155 | 115 | 113 | 56 | 47 | ||
| Employee-related liabilities | 15 | ||||||||
| Taxes payable | 14 | 13 | 5 | 13 | 1 | 5 | 14 | ||
| Deferred revenue | 142 | 101 | 106 | 94 | ✕ | ✕ | ✕ | ||
| Debt | 177 | 63 | 24 | 24 | 161 | 54 | 93 | ||
| Due to related parties | 59 | ||||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | 6 | ||||
| Other undisclosed current liabilities | (80) | ||||||||
| Total current liabilities: | 1,200 | 969 | 708 | 606 | 673 | 364 | 454 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 139 | 35 | 6 | 40 | 1 | ||||
| Long-term debt, excluding current maturities | 139 | 35 | 6 | 40 | 1 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | 0 | |||||
| Liabilities, other than long-term debt | 151 | 142 | 140 | 135 | 69 | 41 | 16 | ||
| Deferred revenue | 111 | 101 | 98 | 109 | ✕ | ✕ | ✕ | ||
| Other liabilities | 41 | 41 | 42 | 26 | 69 | 41 | 16 | ||
| Other undisclosed noncurrent liabilities | (0) | ||||||||
| Total noncurrent liabilities: | 290 | 177 | 145 | 135 | 69 | 81 | 17 | ||
| Total liabilities: | 1,490 | 1,146 | 853 | 741 | 741 | 444 | 471 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 1,187 | 1,096 | 1,066 | 941 | 774 | 721 | 619 | ||
| Treasury stock, value | (20) | (20) | (20) | (2) | (2) | ||||
| Accumulated other comprehensive income (loss) | 1 | 0 | (0) | (0) | (0) | (0) | (0) | ||
| Retained earnings | 725 | 658 | 696 | 612 | 486 | 446 | 374 | ||
| Other undisclosed stockholders' equity attributable to parent | 461 | 438 | 390 | 350 | 308 | 277 | 247 | ||
| Stockholders' equity attributable to noncontrolling interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total stockholders' equity: | 1,187 | 1,096 | 1,066 | 941 | 774 | 721 | 619 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,677 | 2,242 | 1,919 | 1,683 | 1,515 | 1,166 | 1,090 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,170 | 3,557 | 3,339 | 3,500 | 2,485 | 2,216 | 1,991 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 2,216 | 1,991 | ||
| Cost of revenue | (3,600) | (3,023) | (2,813) | (3,005) | (2,135) | (1,884) | (1,671) | |
| Gross profit: | 570 | 535 | 526 | 496 | 350 | 332 | 320 | |
| Operating expenses | (434) | (411) | (441) | (398) | (255) | (225) | (173) | |
| Operating income: | 136 | 124 | 86 | 97 | 95 | 107 | 147 | |
| Nonoperating income (expense) | (0) | (3) | 1 | (1) | (1) | 0 | 0 | |
| Foreign currency transaction gain (loss), before tax | (1) | (2) | (1) | 0 | (1) | 1 | 1 | |
| Interest and debt expense | (3) | (2) | (2) | (7) | (2) | (2) | (1) | |
| Income from continuing operations before equity method investments, income taxes: | 133 | 119 | 85 | 90 | 91 | 105 | 146 | |
| Income (loss) from equity method investments | 1 | 0 | 2 | (3) | (0) | |||
| Income from continuing operations before income taxes: | 134 | 119 | 87 | 87 | 91 | 105 | 146 | |
| Income tax expense | (9) | (7) | (3) | (15) | (24) | (33) | (44) | |
| Income before gain (loss) on sale of properties: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
| Other undisclosed net income (loss) | 0 | 0 | 0 | 0 | 0 | 0 | (0) | |
| Net income: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
| Other undisclosed net income (loss) attributable to parent | (0) | (0) | (0) | (0) | 0 | (0) | 0 | |
| Net income available to common stockholders, basic: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
| Dilutive securities, effect on basic earnings per share | 4 | |||||||
| Other undisclosed net loss available to common stockholders, diluted | (4) | |||||||
| Net income available to common stockholders, diluted: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 6/30/2021 | 6/30/2020 | 6/30/2019 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
| Comprehensive income: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | 1 | (0) | (0) | 0 | (0) | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 125 | 112 | 84 | 72 | 67 | 72 | 102 | |
Statements sources
The financial statements are based on the company's filings with the 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.