Super Micro Computer (SMCI) 10-K Summaries & Annual Filing History
Review Super Micro Computer, Inc. (SMCI) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Jun 30, 2025 · FY2025 10-K
Super Micro Computer, Inc. filed its annual report covering business operations, risk factors, and financial results. The filing highlights strong revenue growth and increased operating cash flow, while also detailing material risks and liquidity management.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$22B
Revenue reported for the fiscal year.
Operating income
$1.3B
Income from operations reported for the year.
Net income
$1B
Net income reported for the year.
Operating cash flow
$1.7B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $5.2B | +46.1% |
| Jun 30, 2023 | $7.1B | +37.1% |
| Jun 30, 2024 | $15B | +110.4% |
| Jun 30, 2025 | $22B | +46.6% |
Business overview
The company designs and manufactures high-performance server and storage solutions. Its business overview section outlines the competitive landscape and operational focus areas. The filing also addresses unresolved staff comments and cybersecurity matters.
Financial performance
Revenue increased significantly compared to the prior period, with operating income and net income also showing growth. Operating cash flow improved, reflecting stronger cash generation from core operations.
Material risks
Risk factors include potential impacts from supply chain disruptions, customer payment term changes, and foreign currency fluctuations. The company also notes risks related to inventory levels and reliance on key components. Cybersecurity risks are separately addressed in the filing.
Liquidity and capital
The company has financed growth through operating cash flows, borrowing facilities, stock sales, and convertible notes. Cash and cash equivalents increased, with a portion held in foreign locations to meet non-U.S. liquidity needs.
What to watch
Monitor changes in inventory levels and customer payment terms, as these are key drivers of working capital and liquidity.