Super Micro Guides Q1 Revenue to $18.5B-$19.5B, Topping Its Own Q4 by 67%
SMCI sits 67% above its 52-week low of $19.48.
Summary
Super Micro guided first-quarter revenue to $18.5B-$19.5B, a range that sits roughly 67% above the $11.1B it just posted for Q4 FY2026. That is a steep sequential step-up and implies AI server demand is still accelerating rather than plateauing. The number lands two months after the company reported Q4 revenue up 93% year-over-year but with gross margin collapsing to 10.8% for the full year, so the open question is whether this much larger revenue base comes with margin recovery or more of the same low-margin mix. It also follows the October 15th 8-K naming Mark Long CFO, putting a new finance chief in place just as the top line scales sharply. Watch the full guidance release for gross margin and cash flow detail — the FY2026 10-K showed $6.8B of operating cash burn against $39.1B of revenue, and a bigger revenue guide without margin or cash improvement would keep that problem front and center.
At the time of this announcement, SMCI was trading at $32.45 on NASDAQ in the Technology sector, with a market capitalization of approximately $21.3B. The 52-week trading range was $19.48 to $56.60. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.