Supermicro earnings lift sales outlook to $72–82 billion as AI server demand grows
Earnings results
- EPS beat about 47%
Adjusted: $1.81 vs. $1.23 expected
- Revenue beat about 14%
$19.95B vs. $17.53B expected
- Guidance
Raised FY2027 sales outlook to $72–82 billion from $65–72 billion; issued Q2 sales outlook of $19.5–21.5 billion.
Earnings and the stock move
Supermicro released Q1 FY2027 earnings after close on November 3, reporting $19.95 billion in sales and raising its yearly sales outlook to $72–82 billion from $65–72 billion. The November 4 pre-market rise follows that report. Bigger expected deliveries support the revenue opportunity, while falling sequential gross margin and operating cash use make cash conversion the next important test.
Q1 FY2027 earnings recap
Supermicro earnings delivered record sales and a higher yearly outlook. SMCI rose about 8.7% before open on November 4, compared with the previous close.
- Sales reached $19.95 billion for the quarter ended September 30, nearly four times the year-earlier level. The company builds servers and complete systems for AI data centers.
- GAAP earnings per share, or profit per share under standard accounting rules, were $1.75. Adjusted profit per share was $1.81, excluding certain costs.
- The fiscal 2027 sales outlook rose to $72–82 billion from $65–72 billion. That raises the scale of deliveries investors need to see over the rest of the year.
- For the December quarter, Supermicro expects $19.5–21.5 billion in sales and adjusted profit of $1.66–1.90 per share. Those are company forecasts, not guaranteed results.
- Gross margin, the share of sales left after product costs, was 12.7%, down from 17.5% in the June quarter. Rapid sales growth still needs to translate into durable profitability.
- Operations used $434 million in cash as inventory and unpaid customer bills grew. The company labels these quarterly results preliminary and unaudited.
Watch cash collection, margins and delivery execution next. The completed November 3 chart remains below its moving averages, so the pre-market jump still needs follow-through.
Financials and technicals
Charts through Nov 3, 2026. The session move above may reflect later news.
Technical setup and risks
The November 3 close was $31.39. Approximate support is $30.2–31.00, based on November 2–3 lows; resistance is $35–36.40, based on October 27–29 trading. A sustained reclaim would strengthen recovery; losing support would weaken it. The November 4 pre-market price is separate from these completed daily charts.
AI-assisted research with source and calculation checks. Prices may be delayed. Technical charts use the stated completed session, which can precede the quoted intraday move. Educational information; investing involves risk.