← Super Micro Computer, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $72.0m |
$66.9m
-7.17%
|
$46.2m
-30.95%
|
$71.9m
+55.78%
|
$84.3m
+17.23%
|
$111.9m
+32.69%
|
$285.2m
+154.92%
|
$640.0m
+124.43%
|
$1.2b
+80.10%
|
$1.0b
-9.01%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $72.0m | $66.8m | — | $71.9m | $84.3m | $111.9m | $285.2m | $640.0m | $1.2b | $1.0b | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | — | — | — | — | $10.3m | — | |
| Amortization of debt discount and issuance costs | — | — | — | — | — | — | — | $0 | $2.3m | $10.3m | — | |
| Depreciation and amortization | $13.3m | $16.4m | $21.8m | $24.2m | $28.5m | $28.2m | $32.5m | $34.9m | $41.0m | $58.3m | $84.6m | |
| Depreciation, Depletion and Amortization | $13.3m | $16.4m | $21.8m | $24.2m | $28.5m | $28.2m | $32.5m | $34.9m | $30.1m | $41.0m | $84.6m | |
| Deferred Income Tax Expense (Benefit) | ($7.9m) | ($6.3m) | — | ($16.9m) | ($13.8m) | ($8.4m) | ($6.7m) | ($92.7m) | ($168.5m) | ($214.6m) | ($111.2m) | |
| Deferred income taxes, net | ($6.1m) | ($5.4m) | $13.6m | ($17.1m) | ($13.8m) | ($8.4m) | ($6.8m) | ($93.0m) | ($168.5m) | ($214.6m) | ($111.2m) | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $1.8m | $3.6m | — | $3.1m | $8.2m | $8.7m | $10.1m | $28.2m | $174.4m | $142.5m | — | |
| Share-based Payment Arrangement, Expense | $16.1m | $19.7m | — | — | — | $28.5m | $32.8m | $54.4m | $231.5m | $314.5m | $389.2m | |
| Share-based Payment Arrangement, Noncash Expense | $16.1m | $19.7m | — | $21.2m | $20.2m | $28.5m | $32.8m | $54.4m | $231.5m | $314.5m | $389.2m | |
| Stock-based compensation expense | $16.1m | $19.7m | $24.7m | $21.2m | $20.2m | $28.5m | $32.8m | $54.4m | $231.5m | $314.5m | $389.2m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $0 | $0 | $11.6m | $0 | — | |
| Income (Loss) from Equity Method Investments | — | ($303k) | — | ($2.7m) | $2.4m | $173k | $1.2m | ($3.6m) | $1.8m | ($6.2m) | — | |
| Nonoperating Income (Expense) | $171k | ($1.3m) | — | ($1.0m) | $1.4m | ($2.8m) | $8.1m | $3.6m | $22.7m | $18.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Accounts Receivable, Credit Loss Expense (Reversal) | $1.3m | $334k | — | $7.1m | ($3.1m) | ($820k) | ($840k) | ($10k) | ($9k) | ($4.0m) | ($5.8b) | |
| Accounts receivable, net (including changes in related party balances of $5,801, $(721), and $2,925 in fiscal years 2025, 2024, and 2023, respectively) | $32.4m | ($149.5m) | ($127.1m) | $85.0m | ($7.0m) | ($59.3m) | ($371.6m) | ($311.9m) | ($1.6b) | $533.3m | ($5.8b) | |
| Increase (Decrease) in Accounts Receivable | ($32.4m) | $149.5m | — | ($85.0m) | $7.0m | $59.3m | $371.6m | $311.9m | $1.6b | ($533.3m) | ($5.8b) | |
| Increase (Decrease) in Inventories | ($5.2m) | $235.6m | — | ($119.3m) | $199.7m | $196.3m | $519.7m | ($100.0m) | $2.9b | $355.6m | ($7.3b) | |
| Inventories | $5.2m | ($235.6m) | ($126.2m) | $119.3m | ($199.7m) | ($196.3m) | ($519.7m) | $100.0m | ($2.9b) | ($355.6m) | ($7.3b) | |
| Inventory Write-down | $9.3m | $15.7m | — | $32.9m | $18.4m | $6.8m | $15.1m | — | — | — | — | |
| Transfer of inventory to property, plant, and equipment, net | — | — | — | — | — | — | $0 | $0 | $12.5m | $8.3m | — | |
| Accounts payable (including changes in related party balances of $(35,543), $76,161, and $1,779 in fiscal years 2025, 2024, and 2023, respectively) | ($54.3m) | $135.3m | $132.5m | ($173.4m) | $59.9m | $189.3m | $50.1m | $127.1m | $679.2m | ($181.0m) | $3.0b | |
| Increase (Decrease) in Accounts Payable | ($54.3m) | $135.3m | — | ($173.4m) | $59.9m | $189.3m | $50.1m | $127.1m | $679.2m | ($181.0m) | $3.0b | |
| Accrued liabilities (including changes in related party balances of $874, $(13,847), and $(4,659) in fiscal years 2025, 2024, and 2023, respectively) | $9.0m | $27.6m | $23.2m | $11.5m | $27.9m | $24.7m | $35.9m | ($50.3m) | $92.9m | $272.4m | $452.6m | |
| Deferred revenue | — | $31.2m | $67.8m | $59.8m | $350k | ($1.5m) | $31.5m | $70.6m | $111.9m | $315.0m | — | |
| Purchases of property and equipment, accrued but unpaid | $34.1m | $29.4m | — | $24.8m | $44.3m | $58.0m | $45.2m | $36.8m | $124.3m | $127.2m | ($156.4m) | |
| Other | — | — | — | — | — | — | ($72k) | ($33k) | $30k | $26k | — | |
| Prepaid expenses and other assets (including changes in related party balances of $(1,806), $15,793, and $(3,320) in fiscal years 2025, 2024, and 2023, respectively) | ($8.2m) | ($2.9m) | ($15.7m) | $8.4m | ($29.9m) | ($5.3m) | ($28.8m) | $8.3m | ($44.6m) | ($229.1m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $107.5m |
($96.2m)
-189.47%
|
$84.3m
+187.69%
|
$262.6m
+211.28%
|
($30.3m)
-111.55%
|
$123.0m
+505.34%
|
($440.8m)
-458.51%
|
$663.6m
+250.54%
|
($2.5b)
-474.63%
|
$1.7b
+166.76%
|
($6.7b)
-503.32%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $34.1m | $29.4m | $2.3m | $24.8m | $44.3m | $58.0m | $45.2m | $36.8m | $124.3m | $127.2m | ($156.4m) | |
| Purchases of property, plant, and equipment (including payments to related parties of $17,677, $10,625, and $7,844 in fiscal years 2025, 2024, and 2023, respectively) | ($34.1m) | ($29.4m) | ($24.8m) | ($24.8m) | ($44.3m) | ($58.0m) | ($45.2m) | ($36.8m) | ($124.3m) | ($127.2m) | — | |
| Unpaid property, plant, and equipment purchases (including due to related parties of $3,879, $2,339, and $810 as of June 30, 2025, 2024, and 2023, respectively) | $10.9m | $5.1m | $2.3m | $9.2m | $12.1m | $9.0m | $7.8m | $2.2m | $19.6m | $16.2m | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | — | — | $56.0m | ($98.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $2.2m | $296k | $0 | $0 | |
| Net cash used in investing activities | ($35.1m) | ($29.7m) | ($25.9m) | ($24.8m) | ($43.6m) | ($58.0m) | ($46.3m) | ($39.5m) | ($194.2m) | ($183.2m) | ($254.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($35.1m) | ($29.7m) | ($25.9m) | ($24.8m) | ($43.6m) | ($58.0m) | ($46.3m) | ($39.5m) | ($194.2m) | ($183.2m) | ($254.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt issuance costs in connection with amended 2029 Convertibles Notes | — | — | — | — | — | — | — | $0 | $0 | ($31.2m) | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | — | ($30.3m) | — | |
| Issuances of common stock in public offerings, net of issuance costs of $42,575 | — | — | — | — | — | — | $0 | $0 | $2.3b | $0 | — | |
| Payments for Repurchase of Common Stock | — | $18.5m | — | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $13.1m |
$57.7m
+339.13%
|
($50.8m)
-188.06%
|
($95.8m)
-88.52%
|
$23.8m
+124.83%
|
($44.4m)
-286.75%
|
$522.9m
+1276.58%
|
($448.3m)
-185.74%
|
$3.9b
+972.58%
|
$2.0b
-48.26%
|
$5.8b
+184.39%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $141.8m | ($49.8m) | $21.1m | $35.1m | $172.4m | $1.2b | $3.5b | $1.3b | |
| Cash, cash equivalents and restricted cash at beginning of year | — | $112.8m | $120.4m | $262.1m | $212.4m | $233.4m | $268.6m | $441.0m | $1.7b | $5.2b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $262.1m | $212.4m | $233.4m | $268.6m | $441.0m | $1.7b | $5.2b | $1.3b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | ($119k) | $376k | $560k | ($678k) | ($3.4m) | ($2.2m) | $1.7m | ($5.7m) | |
| Net increase in cash, cash equivalents and restricted cash | — | ($67.9m) | $7.6m | $141.8m | ($49.8m) | $21.1m | $35.1m | $172.4m | $1.2b | $3.5b | — | |
| Effect of exchange rate fluctuations on cash | ($4k) | ($45k) | ($6k) | ($119k) | $376k | $560k | ($678k) | ($3.4m) | ($2.2m) | $1.7m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Acquisition, net of cash acquired | — | — | — | — | — | $0 | $0 | ($2.2m) | ($296k) | $0 | — | |
| Additional Financial Items | ||||||||||||
| Cash paid for interest | $1.6m | $2.1m | $4.5m | $3.9m | $2.2m | $1.9m | $5.5m | $8.5m | $16.0m | $25.5m | — | |
| Cash paid for taxes, net of refunds | $37.0m | $30.8m | $14.7m | $23.6m | $43.3m | $2.9m | $19.7m | $115.0m | $392.0m | $327.2m | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | — | — | — | — | $531k | ($18.8m) | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $1.2m | ($1.3m) | — | $313k | ($1.0m) | ($2.5m) | $13.7m | $2.6m | $6.3m | ($11.6m) | — | |
| General and Administrative Expense | $37.8m | $44.6m | — | $141.2m | $133.9m | $100.5m | $102.4m | $99.6m | $197.3m | $267.2m | — | |
| Income Tax Expense (Benefit) | $33.4m | $24.4m | — | $14.9m | $2.9m | $6.9m | $52.9m | $110.7m | $63.3m | $156.9m | — | |
| Income Taxes Paid, Net | $37.0m | $30.8m | $14.7m | $23.6m | $43.3m | $2.9m | $19.7m | $115.0m | $392.0m | $327.2m | — | |
| Income taxes payable | ($3.3m) | ($1.9m) | $5.8m | $5.8m | ($8.3m) | $8.0m | $29.0m | $87.4m | ($110.9m) | $32.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $19.4m | $59.6m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.6m | $2.1m | $4.5m | $3.9m | $2.2m | $1.9m | $5.5m | $8.5m | $16.0m | $25.5m | — | |
| Investment in equity securities | — | — | — | — | — | — | ($1.1m) | ($500k) | ($69.7m) | ($56.0m) | — | |
| Loss on extinguishment of convertible notes | — | — | — | — | — | — | — | $0 | $0 | $30.3m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Operating Expenses | $224.7m | $255.1m | — | $398.3m | $440.6m | $410.6m | $464.8m | $521.9m | $850.6m | $1.2b | — | |
| Other long-term liabilities (including changes in related party balances of $608, $(178), and $(321) in fiscal years 2025, 2024, and 2023, respectively) | $24.9m | $17.9m | $3.5m | $116k | ($8.0m) | ($4.2m) | ($10.6m) | ($4.4m) | $8.0m | $2.9m | — | |
| Other non-cash (income) expense, net | — | $0 | $909k | $733k | $1.4m | ($1.0m) | $368k | ($668k) | $12.3m | ($3.1m) | — | |
| Payment for withholding taxes related to settlement of equity awards | ($1.8m) | ($3.6m) | ($4.5m) | ($3.1m) | ($8.2m) | ($8.7m) | ($10.1m) | ($28.2m) | ($174.4m) | ($142.5m) | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $12.2m | $10.9m | — | $0 | $28.3m | $28.4m | $21.0m | $30.5m | $29.5m | $20.9m | — | |
| Proceeds from exercise of stock options | $12.2m | $10.9m | $3.0m | $0 | $28.3m | $28.4m | $21.0m | $30.5m | $29.5m | $20.9m | — | |
| Proceeds from issuance of Convertible Notes, net of issuance costs | — | — | — | — | — | — | $0 | $0 | $1.7b | $2.9b | — | |
| Proceeds from lines of credit and term loans | $34.2m | $207.0m | $107.3m | $41.8m | $164.8m | $127.1m | $1.2b | $1.1b | $2.2b | $1.4b | — | |
| Purchase of capped calls | — | — | — | — | — | — | $0 | $0 | ($142.1m) | ($182.2m) | — | |
| Repayment of lines of credit and term loans | ($34.1m) | ($140.5m) | ($220.3m) | ($67.7m) | ($159.2m) | ($60.6m) | ($640.7m) | ($1.4b) | ($2.0b) | ($1.8b) | — | |
| Right of use (“ROU”) assets obtained in exchange for operating lease commitments | — | — | — | — | $0 | $3.3m | $11.2m | $3.2m | $32.6m | $276.2m | — | |
| Share of loss (income) from equity investee | $0 | $303k | $3.6m | $2.7m | ($2.4m) | ($173k) | ($1.2m) | $3.6m | ($1.8m) | $6.2m | — | |
| Stock repurchases | — | — | — | $0 | $0 | ($130.0m) | $0 | ($150.0m) | $0 | ($200.0m) | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Unrealized foreign currency exchange loss (gain) | — | — | — | — | — | — | ($13.7m) | ($2.6m) | ($531k) | $18.8m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.