Super Micro Computer (SMCI) Revenue — Quarter Ended Jun 30, 2024
Revenue increased sharply in the quarter, continuing a strong upward trajectory. The growth rate, while still very high, moderated compared to the prior quarter's surge.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q4
Revenue increased sharply in the quarter, continuing a strong upward trajectory. The growth rate, while still very high, moderated compared to the prior quarter's surge.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.4B
Revenue reported for this quarter.
Quarter-over-quarter
+39.1%
Change from the immediately preceding quarter.
Year-over-year
+145.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$15B
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 |
|---|---|---|
| Sep 30, 2023 | $2.1B | +14.4% |
| Dec 31, 2023 | $3.7B | +103.2% |
| Mar 31, 2024 | $3.9B | +200.0% |
| Jun 30, 2024 | $5.4B | +145.1% |
Revenue performance
Reported revenue rose compared to the immediately preceding quarter, extending the pattern of sequential gains. The year-over-year comparison also showed a substantial increase, reflecting sustained demand.
Quarterly comparison
Revenue was higher than both the prior quarter and the same quarter one year earlier. The sequential increase was smaller than the prior quarter's jump, while the annual comparison remained very strong.
What to watch
The filing notes higher inventory levels tied to growing revenue and longer supply chain lead times, which may affect working capital needs.