Supermicro Prelim Q1 Revenue $18.5B-$19.5B, Far Above $14.5B-$15.5B Guidance
SMCI sits 83% above its 52-week low of $19.48.
Summary
Supermicro pre-announced Q1 FY2027 revenue of $18.5B-$19.5B, well above its $14.5B-$15.5B guidance, and raised its gross margin outlook to 12.0%-12.5%. The preliminary figures are unaudited, with final results due November 3.
Key Events · Earnings and Guidance · SMCI
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Q1 Revenue Blows Past Guidance
Preliminary Q1 FY2027 revenue is estimated at $18.5B-$19.5B versus prior guidance of $14.5B-$15.5B, driven by increased AI platform demand.
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Gross Margin Guidance Raised
Preliminary gross margin is estimated at 12.0%-12.5% versus prior guidance of 10.4%-10.8%, attributed to customer and product mix.
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Figures Unaudited, Subject to Revision
The company states the preliminary results are unaudited and may differ materially once financial closing procedures and the quarterly review are complete.
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Earnings Call November 3
Supermicro will host its Q1 FY2027 earnings call on November 3, 2026 at 5:00 p.m. ET, when final results are expected.
Analysis · SMCI · Technology
Supermicro's preliminary Q1 FY2027 revenue of $18.5B-$19.5B lands roughly 24%-31% above the top of its own $14.5B-$15.5B guidance, powered by AI platform demand. Gross margin is also guided higher, to 12.0%-12.5% from 10.4%-10.8% — a meaningful shift given how sharply FY2026 margins had compressed. Together, the much higher revenue and better margins point to stronger earnings power than the prior quarter's trajectory implied. The figures remain unaudited, however, and are subject to revision at the November 3 earnings call.
How filings like this one have moved
In the 30 days to Oct 20, 2026, 37.4% of the 952 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SMCI was trading at $35.73 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 filing was assessed with positive market sentiment and an importance score of 8 out of 10.