01—Abstract
Summary
Summary of the 8-K filed October 23, 2025. Cited figures are marked; the original filing is the authoritative source.
Super Micro Computer, Inc. (Nasdaq: SMCI) furnished an 8-K on October 23, 2025 containing a press release (Exhibit 99.1) providing a business update for its first quarter of fiscal year 2026, ended September 30, 2025.
The company estimates Q1'26 revenue at $5Ba, compared with its prior guidance of $6B-$7B, because some expected Q1'26 revenue was pushed into Q2'26 following design win upgrades. The company says the revenue figure is preliminary, has not been audited or reviewed by its independent accounting firm, and may change. The company reported recent design wins in excess of $12B, with customers requesting delivery in Q2'26, and said it will provide further detail on expected Q2'26 deliveries and revenues on its earnings call.
Management highlighted robust demand for Supermicro products built on Nvidia GB300, B300 and RTX Pro, and AMD 355X LC, which are now beginning to ship. CEO Charles Liang reiterated revenue of at least $33Bb for fiscal 2026 and said the company expects to deliver more. The company scheduled its earnings call for November 4 at 5pm EST. The filing states that the press release is furnished, not filed, under Item 2.02 of the Exchange Act.
02—Key points
Key Highlights
- Preliminary Q1 FY2026 revenue estimated at $5B, versus prior guidance of $6B-$7B, as some Q1 revenue shifted to Q2 FY2026 due to design win upgrades
- Recent design wins in excess of $12B, with customers requesting delivery in Q2 FY2026
- Strong demand reported for Supermicro products based on Nvidia GB300, B300, RTX Pro and AMD 355X LC, with the newest products now starting to ship
- CEO Charles Liang reiterated revenue of at least $33B for fiscal year 2026 and said the company expects to deliver more
- Revenue figures are preliminary, have not been audited or reviewed by the independent registered public accounting firm, and may change
- Earnings conference call scheduled for November 4 at 5pm EST, where the company will provide further updates on Q2 FY2026 deliveries and revenues
- Press release is furnished under Item 2.02 and is not deemed filed for Exchange Act Section 18 purposes
03—Questions
Frequently Asked Questions
Why is Q1 FY2026 revenue estimated lower than guidance?
The filing says design win upgrades pushed some expected Q1'26 revenue into Q2'26, resulting in estimated Q1'26 revenue of $5B versus $6B-$7B guidance.
Is the company still expecting fiscal 2026 revenue of at least $33B?
Yes. CEO Charles Liang reiterated revenue of at least $33B for FY 2026 and said the company expects to deliver more.
How firm are the Q1 FY2026 revenue figures?
The filing describes them as preliminary and subject to change. They have not been audited, reviewed, compiled or subjected to procedures by the independent registered public accounting firm, and final results may differ.
What new information is expected on the November 4 earnings call?
The company says it will provide further updates on expected Q2'26 deliveries and revenues on the earnings call scheduled for November 4 at 5pm EST.
What is driving the demand the company is seeing?
The filing cites robust demand for Supermicro systems with Nvidia GB300, B300 and RTX Pro, and AMD 355X LC, and says customers are ramping large, multi-quarter, volume deployments of its newly released AI liquid-cooled solutions.
04—Continue