Supermicro 8-K
PositiveEarningsGuidance raised
Favorable customer and product mix lifts expected margin above guidance; >$60B in new orders drives record backlog, subject to cancellations or delays.
Filed 2026-07-21 16:10 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Preliminary Q4 FY2026 results update. Revenue is estimated near the low end of prior guidance, while gross margin is expected well above guidance, primarily due to favorable customer and product mix. New orders exceeded $60B, lifting backlog to a record; the company cautioned that some orders may not be firm and could be canceled or delayed.
Key Figures
| Metric | Q4 FY2026 | Q4 FY2025 | Y/Y |
|---|---|---|---|
| Revenue | Near low end of $11.0B-$12.5B guidance | — | — |
| GAAP gross margin | 15%-17% | — | — |
| Non-GAAP gross margin | 15%-17% | — | — |
- More than $60B in new orders arrived during the quarter; delivery is expected over future quarters.
- Preliminary figures are unaudited and subject to revision as the company completes its financial close.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | Q4 FY2026 | Near low end of $11.0B-$12.5B | $11.0B-$12.5B | — |
| GAAP gross margin | Q4 FY2026 | 15%-17% | 8.2%-8.4% | Raised |
| Non-GAAP gross margin | Q4 FY2026 | 15%-17% | 8.2%-8.4% | Raised |
Investor Takeaways
- Final Q4 and full-year results are scheduled for review on 8/11/2026; they will confirm whether preliminary revenue and margin estimates hold.
- Order conversion and delivery over future quarters will show how much of the record order intake becomes realized revenue; some orders may be canceled or delayed.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3