01—Abstract
Summary
Summary of the 8-K filed July 21, 2026. Cited figures are marked; the original filing is the authoritative source.
Super Micro Computer, Inc. (NASDAQ: SMCI) furnished a Form 8-K on July 21, 2026, attaching a press release that provides a preliminary business update for the fourth quarter of fiscal year 2026, which ended June 30, 2026.
The company estimates fourth-quarter revenue will be near the low end of its guidance of $11.0 billion to $12.5 billiona. It estimates GAAP and non-GAAP gross margins of 15% to 17%, which the filing describes as significantly higher than its guidance of 8.2% to 8.4%, primarily due to a favorable customer and product mix. The company reports that its backlog rose to record levels at the end of fiscal 2026, with total new orders in excess of $60 billion received during the fourth quarter.
The filing states these orders are expected to be delivered over future quarters. The press release cautions that some of these orders may not constitute firm commitments and may be subject to cancellation or delay. The figures are unaudited, based on preliminary results and management estimates, and remain subject to financial closing procedures.
The filing states the company's independent registered public accounting firm has not audited or reviewed them. The company will hold an earnings call on August 11, 2026, at 5:00 p.m.
ET to review fourth-quarter and full-year fiscal 2026 results. The filing also notes that the Board is conducting an independent review of certain transactions related to alleged export-control issues, the outcome of which could affect forecasts and prior-period results.
02—Key points
Key Highlights
- Fourth-quarter fiscal 2026 revenue is estimated to be near the low end of guidance of $11.0 billion to $12.5 billion.
- GAAP and non-GAAP gross margins are estimated at 15% to 17%, versus guidance of 8.2% to 8.4%, attributed mainly to favorable customer and product mix.
- Backlog rose to record levels at fiscal year-end, with total new orders exceeding $60 billion received in the fourth quarter.
- New orders are expected to be delivered over future quarters, though some may not be firm commitments and could be canceled or delayed.
- All figures are preliminary and unaudited, and the independent auditor has not reviewed them; final results may differ materially.
- The earnings call for fourth-quarter and full-year fiscal 2026 results is scheduled for August 11, 2026, at 5:00 p.m. ET.
- The Board is conducting an independent review of certain transactions tied to alleged export-control issues, which could affect forecasts and prior-period results.
03—Questions
Frequently Asked Questions
How did Supermicro's fourth-quarter fiscal 2026 revenue compare with its guidance?
The company estimates revenue will be near the low end of its guidance range of $11.0 billion to $12.5 billion. The figures are preliminary and remain subject to closing procedures.
Why are gross margins estimated to be much higher than guidance?
The company estimates GAAP and non-GAAP gross margins of 15% to 17%, compared with guidance of 8.2% to 8.4%. The filing primarily attributes this to a favorable customer and product mix.
What do the $60 billion in new orders mean for future results?
The company says total new orders exceeding $60 billion were received in the fourth quarter and are expected to be delivered over future quarters. The filing notes some of these orders may not be firm commitments and could be subject to cancellation or delay.
When will Supermicro provide full fiscal 2026 results and what could change them?
The company will hold an earnings call on August 11, 2026, at 5:00 p.m. ET to review full results. The filing warns that the Board's independent review of alleged export-control issues could affect forecasts, these preliminary results, and prior-period results.
04—Continue