Super Micro Computer (SMCI) Revenue — Quarter Ended Mar 31, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The sequential drop was steeper than the year-over-year decline.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q3
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The sequential drop was steeper than the year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.3B
Revenue reported for this quarter.
Quarter-over-quarter
-28.8%
Change from the immediately preceding quarter.
Year-over-year
-5.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $1.6B | +53.0% |
| Sep 30, 2022 | $1.9B | +79.3% |
| Dec 31, 2022 | $1.8B | +53.8% |
| Mar 31, 2023 | $1.3B | -5.3% |
Revenue performance
The reported revenue for the quarter ended March 31, 2023 was lower than the preceding quarter, reversing the growth trend seen in earlier periods.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased, and it also fell relative to the same quarter one year earlier. The sequential decline was more pronounced than the year-over-year change.
What to watch
Monitor whether the revenue decline continues in subsequent quarters or stabilizes.