Super Micro Computer Q3 EPS beat analyst expectations

Super Micro Computer

05/05/2026 21:25

Overview

US server and IT hardware maker's preliminary fiscal Q3 revenue missed analyst expectations

Preliminary adjusted EPS for fiscal Q3 beat analyst expectations

Company cites margin recovery and DCBBS business growth as drivers for the quarter

Outlook

Super Micro Computer expects Q4 net sales of $11.0 bln to $12.5 bln

Company sees Q4 GAAP EPS of $0.53 to $0.67 and non-GAAP EPS of $0.65 to $0.79

Super Micro Computer expects FY26 net sales of $38.9 bln to $40.4 bln

Result Drivers

MARGIN RECOVERY - Co said margin recovery contributed to Q3 results

DCBBS BUSINESS GROWTH - Co cited rapid growth in its DCBBS business as a driver for the quarter

MANUFACTURING EXPANSION - Co said new US manufacturing facilities position it to meet demand in AI and enterprise verticals

Company press release: ID:nBw3pPd0fa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$10.20 bln
$12.33 bln (17 Analysts)
Q3 Adjusted EPS
Beat
$0.84
$0.62 (17 Analysts)
Q3 EPS
$0.72
Q3 Net Income
$483 mln
Q3 Adjusted Gross Margin
10.10%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy", 9 "hold" and 5 "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy."

Wall Street's median 12-month price target for Super Micro Computer Inc is $35.00, about 25.4% above its May 4 closing price of $27.92

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)