Super Micro Computer: The Illusion Of A Miss
Summary
The stock dropped on the illusion of a miss, guiding $33B vs. $29.8B, but misjudged against a vague $40B comment. Superm...
The stock dropped on the illusion of a miss, guiding $33B vs. $29.8B, but misjudged against a vague $40B comment. Supermicro guided FY 2026 revenue of at least $33 billion, implying over 50% YoY growth from FY 2025's $22 billion result. Q4 FY 2025 non-GAAP gross margin dropped to 9.6%, impacted by hyperscaler mix and next-gen platform ramp costs.
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