Supermicro tops earnings expectations, stock jumps on strong AI-driven outlook

Shares of Super Micro Computer surged in after-hours trading after the AI server maker delivered a strong quarterly profit and issued a much stronger-than-expected outlook for the coming quarters. The stock jumped as much as 10% in reaction to the results. (Sources: Investing.com, Yahoo Finance, CNBC)

Supermicro reported adjusted earnings of $1.70 per share, beating analysts' estimate of $1.59. Revenue rose 93% year-on-year to $11.12 billion, although it narrowly missed the consensus estimate of $11.26 billion.

The company forecast fiscal Q1 revenue of $14.5 billion-$15.5 billion, with a midpoint of $15 billion. That was well above Wall Street's expectation of around $11.99 billion. Adjusted EPS guidance of $1.01-$1.10 also topped the consensus estimate of 74 cents.

The AI server maker expects fiscal 2027 revenue of $65 billion-$72 billion, significantly above analysts' estimate of about $54.43 billion. Supermicro also highlighted more than $60 billion in new orders and a record backlog entering the new fiscal year.

Supermicro's fourth-quarter gross margin expanded to 17.5%, from 9.9% in the previous quarter and 9.5% a year earlier. Net income jumped to $1.18 billion, from $195 million in Q4 FY25, underscoring improved profitability alongside surging AI-server demand.