Get notified when SMCI files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts

Critical incident detected

Fraud / investigation

Time-sensitive event — see the red-flag panel below for the source-quoted detail.

Red Flags Detected

  • SEC Investigation (worsened) — The SEC issued another subpoena in April 2026, expanding the ongoing investigation.
  • Enforcement Action (new) — An indictment was unsealed against three individuals for alleged export control violations, and OEE could pursue civil enforcement.
  • Material Weakness (improved) — Material weaknesses reduced from four to one, but the ITGC weakness remains unremediated.
  • Disclosure Controls Not Effective (new) — Filing states that management concluded the company's disclosure controls and procedures were not effective. The same conclusion appeared in the baseline filing.
NASDAQ: SMCI Super Micro Computer, Inc. 10-Q

Super Micro's Q1 sales nearly quadruple to $19.9B; net income hits $1.59B

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 7, 2025 · ~1 min read

Key Changes

  • high

    Net sales rose 297.5% to $19.9B, driven by AI platform demand; gross margin expanded 340 bp to 12.7%.

    MD&A: Results verify on EDGAR →
  • high

    Net income surged 669.7% to $1.31B, but diluted EPS rose only 573.1% to $1.75 due to a higher share count.

    MD&A: Results verify on EDGAR →
  • high

    Non-cancelable purchase commitments nearly tripled to $33.3B, and customer concentration rose sharply with one customer at 44% of sales.

    Commitments & Concentrations verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (OWL 10-Q) is open in full — no account needed.

Partner

Trade SMCI commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?
View original filing on SEC.gov View full financials on EDGAR ↗

Figures/quotes linked to EDGAR · Narrative written by AI · Nov 9, 2026 · How we verify