Super Micro Computer (NASDAQ:SMCI) shares are trading higher Wednesday after the company reported better-than-expected second-quarter financial results on Tuesday after the market closed.
- Super Micro stock is surging to new heights today. What’s fueling SMCI momentum?
Super Micro Beats Analyst Estimates In Q2
Super Micro reported adjusted earnings per share of 69 cents, beating the consensus estimate of 49 cents. In addition, the company reported revenue of $12.68 billion, beating the consensus estimate of $10.21 billion.
Net income rose to $401 million, up from $168 million in the first quarter of fiscal 2026 and $321 million in the second quarter of fiscal 2025.
Gross margin was 6.3% for the quarter, down from 9.3% in the first quarter and 11.8% in the year-ago period. On a non-GAAP basis, gross margin was 6.4%.
Operating cash flow used in the quarter totaled $24 million and capital expenditures and investments were $46 million.
As of Dec. 31, the company reported $4.1 billion in cash and cash equivalents and $4.9 billion in total bank debt and convertible notes.
Super …