Supermicro updated its financial outlook for the fourth quarter of fiscal year 2026, ending June 30, 2026, estimating revenue near the low end of its $11.0 billion to $12.5 billion guidance while posting record order backlog figures and scheduling its earnings call for August 11, 2026.
Super Micro Computer, Inc. The company issued a preliminary business update for the fourth quarter of fiscal year 2026 (Q4’26), ended June 30, 2026, pointing to revenues that land near the low end of previous projections, according to the preliminary financial disclosures released by the company. The company set its upcoming live audio webcast to review both fourth-quarter and full-year fiscal 2026 financial results for Tuesday, August 11, 2026, at 5:00 p.m. ET / 2:00 p.m. PT. The webcast will be available at https://ir.supermicro.com, with a replay scheduled to remain accessible for one year shortly after the call concludes.
Financial Metrics and Margin Revisions for Fiscal 2026
While revenue expectations hover toward the lower boundary of the projected $11.0 billion to $12.5 billion range, profitability metrics point upward. GAAP and non-GAAP gross margins are estimated to be in the range of 15% to 17%, which is significantly higher than the guidance of 8.2% to 8.4%. The company attributed this margin expansion primarily to a favorable customer and product mix.
Record Backlog Growth and New Order Inflows
Demand indicators show significant expansion as backlog rose to record levels at the end of fiscal 2026. Total new orders in excess of $60 billion were received during the fourth quarter of fiscal 2026, surpassing the $60 billion threshold. These new orders are expected to be delivered over future quarters, though management noted that these orders may not constitute firm commitments, may be subject to cancellation or delays, and remain subject to fulfillment of the applicable terms and conditions by both parties.
Ongoing Governance Reviews and Forward Disclosures
The unaudited financial information is based on preliminary results and management’s estimates, and is inherently uncertain and subject to revision in connection with the Company’s financial closing procedures and finalization of the Company’s financial statements for its fourth quarter of fiscal year 2026. Actual results for the fourth quarter of fiscal year 2026 may differ materially from these preliminary unaudited financial results. As the Company has disclosed, the Board is conducting an independent review of certain transactions in connection with alleged export-control issues, and the outcome of that investigation could affect forecasts, preliminary results, and prior period results. Forward-looking statements regarding updated guidance, demand, new orders, and backlog levels do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties. These risks include fluctuations in quarterly operating results, customer base concentration and potentially lower margins or less predictable sales as the Company increasingly targets larger customers and larger sales opportunities, potential declines in average sales prices for server solutions if customers do not continue to purchase latest generation products or additional components, and adverse economic conditions such as increased tariffs. Additional factors are detailed in filings with the Securities and Exchange Commission, including those under “Risk Factors” in the Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K. Furthermore, the Company’s independent registered public accounting firm has not audited, reviewed, compiled, or performed any procedures with respect to the preliminary revenues and gross margins included herein.
