Nov 3, 4:31 PM ET
Super Micro Computer, Inc. announced financial results for its first quarter ended September 30, 2026, reporting net sales of $19.9 billion and net income of $1.594 billion. The company also declared a cash dividend of $17.50 per share on its 7.00% Series A Mandatory Convertible Preferred Stock, payable on December 1, 2026. Additionally, management issued second-quarter net sales guidance in the range of $19.5 billion to $21.5 billion.
- Net sales reached $19.9 billion for the quarter ended September 30, 2026, compared to $5.0 billion in Q1 FY2026.
- Net income was $1.594 billion, or $1.75 per diluted share, for Q1 FY2027.
- A cash dividend of $17.50 per share ($0.875 per depositary share) on Series A Mandatory Convertible Preferred Stock was declared, payable on December 1, 2026.
- Second-quarter fiscal 2027 net sales are projected between $19.5 billion and $21.5 billion.
Read the filing on SEC.gov ↗
Oct 20, 4:44 PM ET
Supermicro said preliminary, unaudited first-quarter fiscal 2027 revenue, for the quarter ended September 30, 2026, is estimated at $18.5 billion to $19.5 billion, versus guidance of $14.5 billion to $15.5 billion. Estimated gross margin is 12.0% to 12.5%, versus guidance of 10.4% to 10.8%. The company said final results may differ materially and will report on November 3, 2026.
- Estimated Q1 fiscal 2027 revenue of $18.5 billion to $19.5 billion, versus guidance of $14.5 billion to $15.5 billion, primarily due to increased demand for AI platforms
- Estimated gross margin of 12.0% to 12.5%, versus guidance of 10.4% to 10.8%, primarily due to customer and product mix
- Earnings call and webcast scheduled for November 3, 2026, at 5:00 p.m. ET
Read the filing on SEC.gov ↗
Oct 15, 9:08 AM ET
Super Micro Computer's board appointed Mark Long as Chief Financial Officer on October 14, 2026, effective immediately, and David Weigand ceased serving in that role. The filing sets out a $725,000 base salary, a $500,000 sign-on bonus and a $500,000 guaranteed annual cash bonus for Mr. Long, which shareholders can weigh as the company's cost of the change in its finance leadership.
- Mark Long appointed CFO effective immediately on October 14, 2026; David Weigand ceased serving as CFO
- Base salary of $725,000 and $500,000 sign-on bonus, which is subject to prorated repayment if he leaves before two years
- Guaranteed annual cash bonus of $500,000, plus performance bonus of $225,000 to $725,000
- Initial award of 120,000 restricted stock units and an option to purchase 150,000 shares, each vesting over four years, subject to Compensation Committee approval
Read the filing on SEC.gov ↗
Oct 8, 4:31 PM ET
Super Micro Computer named Shesha Krishnapura, former Intel Chief Technology Officer, as an independent director effective October 9, 2026. Director Judy Lin, who has served since April 2022 and chairs the Nominating and Corporate Governance Committee, is retiring from the Board effective the same date.
- Shesha Krishnapura joins the Board effective October 9, 2026 as an independent director, after a 35-year career at Intel Corporation.
- Judy Lin retires from the Board effective October 9, 2026; she had served since April 2022 and chaired the Nominating and Corporate Governance Committee.
- The filing states Ms. Lin's retirement was not the result of any disagreement with the Company on operations, policies or practices.
- Mr. Krishnapura will receive the standard non-employee director compensation described in the fiscal 2026 Form 10-K.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.