Super Micro Computer (SMCI) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease followed a strong prior period, while the year-over-year gain continued a pattern of growth.
Key takeaway
Quarter ended Sep 30, 2023 · FY2024 Q1
Revenue for the quarter declined from the prior quarter but rose compared with the same quarter a year earlier. The sequential decrease followed a strong prior period, while the year-over-year gain continued a pattern of growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-3.0%
Change from the immediately preceding quarter.
Year-over-year
+14.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.4B
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 |
|---|---|---|
| Dec 31, 2022 | $1.8B | +53.8% |
| Mar 31, 2023 | $1.3B | -5.3% |
| Jun 30, 2023 | $2.2B | +33.6% |
| Sep 30, 2023 | $2.1B | +14.4% |
Revenue performance
Reported revenue moved lower sequentially, reversing the increase seen in the immediately preceding quarter. The year-over-year comparison remained positive, with revenue higher than the same quarter one year ago.
Quarterly comparison
Compared with the prior quarter, revenue decreased, marking a shift from the prior quarter's growth. Versus the same quarter one year earlier, revenue increased, reflecting a sustained year-over-year improvement.
What to watch
The sequential revenue decline after a strong prior quarter may warrant attention in the next reporting period.