Net Profit Margin
since 2007
Calculation
Super Micro Computer Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2026 | 5.71% | = | 100 | × | 2,230,453) | ÷ | 39,063,072) |
| Jun 30, 2025 | 4.77% | = | 100 | × | 1,048,854) | ÷ | 21,972,042) |
| Jun 30, 2024 | 7.69% | = | 100 | × | 1,152,666) | ÷ | 14,989,251) |
| Jun 30, 2023 | 8.98% | = | 100 | × | 639,998) | ÷ | 7,123,482) |
| Jun 30, 2022 | 5.49% | = | 100 | × | 285,163) | ÷ | 5,196,099) |
| Jun 30, 2021 | 3.14% | = | 100 | × | 111,865) | ÷ | 3,557,422) |
| Jun 30, 2020 | 2.52% | = | 100 | × | 84,308) | ÷ | 3,339,281) |
| Jun 30, 2019 | 2.05% | = | 100 | × | 71,918) | ÷ | 3,500,360) |
| Jun 30, 2018 | 1.37% | = | 100 | × | 46,165) | ÷ | 3,360,492) |
| Jun 30, 2017 | 2.69% | = | 100 | × | 66,854) | ÷ | 2,484,929) |
| Jun 30, 2016 | 3.25% | = | 100 | × | 72,021) | ÷ | 2,215,573) |
| Jun 30, 2015 | 5.12% | = | 100 | × | 101,863) | ÷ | 1,991,155) |
| Jun 30, 2014 | 3.69% | = | 100 | × | 54,157) | ÷ | 1,467,202) |
| Jun 30, 2013 | 1.83% | = | 100 | × | 21,279) | ÷ | 1,162,561) |
| Jun 30, 2012 | 2.94% | = | 100 | × | 29,853) | ÷ | 1,013,874) |
| Jun 30, 2011 | 4.27% | = | 100 | × | 40,213) | ÷ | 942,582) |
| Jun 30, 2010 | 3.73% | = | 100 | × | 26,915) | ÷ | 721,438) |
| Jun 30, 2009 | 3.19% | = | 100 | × | 16,107) | ÷ | 505,609) |
| Jun 30, 2008 | 4.70% | = | 100 | × | 25,419) | ÷ | 540,503) |
| Jun 30, 2007 | 4.60% | = | 100 | × | 19,339) | ÷ | 420,393) |
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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
1 US$ in thousands
The financial trajectory from 2007 to 2026 reflects an aggressive expansion in scale, characterized by exponential growth in net sales and significant volatility in net profit margins. While net sales rose from US$ 420.4 million in 2007 to a projected US$ 39.1 billion by 2026, the net profit margin has not followed a linear path, instead exhibiting distinct phases of compression, expansion, and subsequent correction.
- Early Stability and Initial Volatility (2007–2012)
- During this period, net profit margins remained relatively stable, generally fluctuating between 2.94% and 4.70%. The company maintained a consistent ability to convert a small fraction of its revenue into net income as sales grew from approximately US$ 420 million to over US$ 1 billion.
- Margin Compression Phase (2013–2018)
- A notable downward trend in profitability occurred between 2013 and 2018. Despite a continuous increase in net sales, which reached US$ 3.36 billion by 2018, the net profit margin declined steadily to a historical low of 1.37%. This indicates a period where operating costs or cost of goods sold grew at a faster rate than revenue.
- Profitability Expansion (2019–2023)
- A strong recovery and expansion phase began in 2019. The net profit margin climbed from 2.05% in 2019 to a peak of 8.98% in 2023. This period is marked by a massive surge in net income, which grew from US$ 71.9 million in 2018 to US$ 639.9 million in 2023, suggesting improved operational efficiency or a shift toward higher-margin product offerings.
- Recent Volatility and Projections (2024–2026)
- Following the 2023 peak, a contraction in margins is observed. The net profit margin fell to 7.69% in 2024 and further declined to 4.77% by 2025, despite net sales continuing to rise sharply to US$ 21.9 billion. Projections for 2026 indicate a slight recovery to a net profit margin of 5.71%, accompanied by a significant jump in net income to US$ 2.23 billion and net sales to US$ 39.1 billion.
Overall, the data reveals a business model capable of massive scaling, though the profitability per dollar of sales remains sensitive. The transition from the 1.37% low in 2018 to the 8.98% peak in 2023 demonstrates a significant shift in earning power, although the subsequent decline suggests that maintaining high margins becomes more challenging as the volume of operations reaches an extreme scale.
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Comparison to Competitors
Super Micro Computer Inc., net profit margin, long-term trends, comparison to competitors
| Super Micro Computer Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Lumentum Holdings Inc. | |
|---|---|---|---|---|---|---|
| Jun 30, 2026 | 5.71% | — | — | 20.95% | 5.23% | -230.10% |
| Jun 30, 2025 | 4.77% | 26.92% | 38.99% | 17.97% | 4.81% | 1.57% |
| Jun 30, 2024 | 7.69% | 23.97% | 40.73% | 19.18% | 3.63% | -40.21% |
| Jun 30, 2023 | 8.98% | 25.31% | 35.62% | 22.13% | 2.39% | -7.45% |
| Jun 30, 2022 | 5.49% | 25.31% | 30.87% | 22.91% | 5.50% | 11.61% |
| Jun 30, 2021 | 3.14% | 25.88% | 28.52% | 21.26% | 3.45% | 22.80% |
| Jun 30, 2020 | 2.52% | 20.91% | 27.38% | 22.75% | 5.01% | 8.07% |
| Jun 30, 2019 | 2.05% | 21.24% | 35.67% | 22.39% | -2.55% | -2.33% |
| Jun 30, 2018 | 1.37% | 22.41% | 15.25% | 0.22% | — | 19.88% |
| Jun 30, 2017 | 2.69% | 21.09% | 25.71% | 20.02% | — | -10.23% |
| Jun 30, 2016 | 3.25% | 21.19% | 16.31% | 21.81% | — | 1.03% |
| Jun 30, 2015 | 5.12% | 22.85% | 14.46% | 18.27% | — | -0.41% |
| Jun 30, 2014 | 3.69% | 21.61% | 14.87% | 16.66% | — | — |
| Jun 30, 2013 | 1.83% | 21.67% | — | 20.54% | — | — |
| Jun 30, 2012 | 2.94% | 26.67% | — | 17.46% | — | — |
| Jun 30, 2011 | 4.27% | 23.95% | — | 15.02% | — | — |
| Jun 30, 2010 | 3.73% | 21.48% | — | 19.40% | — | — |
| Jun 30, 2009 | 3.19% | 15.61% | — | 16.98% | — | — |
| Jun 30, 2008 | 4.70% | 14.88% | — | 20.36% | — | — |
| Jun 30, 2007 | 4.60% | 14.56% | — | 21.00% | — | — |
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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Sector (Technology Hardware & Equipment)
Super Micro Computer Inc., net profit margin, long-term trends, comparison to sector (technology hardware & equipment)
| Super Micro Computer Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 30, 2026 | 5.71% | — |
| Jun 30, 2025 | 4.77% | 21.86% |
| Jun 30, 2024 | 7.69% | 19.89% |
| Jun 30, 2023 | 8.98% | 20.57% |
| Jun 30, 2022 | 5.49% | 21.31% |
| Jun 30, 2021 | 3.14% | 21.21% |
| Jun 30, 2020 | 2.52% | 17.50% |
| Jun 30, 2019 | 2.05% | 15.96% |
| Jun 30, 2018 | 1.37% | 18.73% |
| Jun 30, 2017 | 2.69% | 20.66% |
| Jun 30, 2016 | 3.25% | 21.06% |
| Jun 30, 2015 | 5.12% | 21.84% |
| Jun 30, 2014 | 3.69% | 20.48% |
| Jun 30, 2013 | 1.83% | 21.32% |
| Jun 30, 2012 | 2.94% | 24.46% |
| Jun 30, 2011 | 4.27% | 21.29% |
| Jun 30, 2010 | 3.73% | 20.58% |
| Jun 30, 2009 | 3.19% | 16.20% |
| Jun 30, 2008 | 4.70% | 17.79% |
| Jun 30, 2007 | 4.60% | 18.28% |
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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Industry (Information Technology)
Super Micro Computer Inc., net profit margin, long-term trends, comparison to industry (information technology)
| Super Micro Computer Inc. | Information Technology | |
|---|---|---|
| Jun 30, 2026 | 5.71% | — |
| Jun 30, 2025 | 4.77% | 25.66% |
| Jun 30, 2024 | 7.69% | 20.48% |
| Jun 30, 2023 | 8.98% | 20.24% |
| Jun 30, 2022 | 5.49% | 22.27% |
| Jun 30, 2021 | 3.14% | 23.48% |
| Jun 30, 2020 | 2.52% | 19.76% |
| Jun 30, 2019 | 2.05% | 19.73% |
| Jun 30, 2018 | 1.37% | 18.59% |
| Jun 30, 2017 | 2.69% | 17.77% |
| Jun 30, 2016 | 3.25% | 17.58% |
| Jun 30, 2015 | 5.12% | 18.32% |
| Jun 30, 2014 | 3.69% | 19.33% |
| Jun 30, 2013 | 1.83% | 20.15% |
| Jun 30, 2012 | 2.94% | 20.07% |
| Jun 30, 2011 | 4.27% | 20.71% |
| Jun 30, 2010 | 3.73% | 20.19% |
| Jun 30, 2009 | 3.19% | 14.45% |
| Jun 30, 2008 | 4.70% | 15.07% |
| Jun 30, 2007 | 4.60% | 15.71% |
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), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).