Statement of Comprehensive Income
Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
Super Micro Computer Inc., consolidated statement of comprehensive income
US$ in thousands
Based on: 10-K (reporting date: 2026-06-30), 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30).
The overall financial trajectory from June 30, 2021, to June 30, 2026, is characterized by substantial growth in profitability. Comprehensive income increased from US$ 112.5 million in 2021 to US$ 2.23 billion in 2026, representing a significant expansion in the scale of operations and earnings capacity over the five-year period.
- Net Income Trends
- A strong upward trend in net income is observed, rising from US$ 111.9 million in 2021 to a peak of US$ 2.23 billion in 2026. The growth was consistent through 2024, reaching US$ 1.15 billion. Although a slight contraction occurred in 2025, with income dipping to US$ 1.05 billion, the subsequent rebound in 2026 shows an acceleration in profitability, nearly doubling the previous year's results.
- Other Comprehensive Income (OCI) Components
- The components of other comprehensive income, including foreign currency translation gains and losses and changes in defined benefit obligations, remain immaterial relative to net income. Foreign currency translation exhibited volatility, fluctuating between a gain of US$ 605 thousand in 2021 and losses in 2022, 2023, and 2026. Similarly, changes in defined benefit obligations showed minimal impact, with the most notable negative adjustment occurring in 2026 at US$ 295 thousand.
- Comprehensive Income Correlation
- There is a near-perfect correlation between net income and comprehensive income across all reported periods. Because other comprehensive income (loss) remains numerically insignificant, the total comprehensive income is driven almost exclusively by net income performance. The variance between the two metrics is negligible, indicating that non-operating comprehensive adjustments have not materially altered the bottom-line financial position.
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