Super Micro Computer Tops Q2 Estimates, Raises Full-Year Revenue Outlook to $40 Billion Plus

Overview

• Fiscal Q2 revenue reached $12.7 billion versus $10.42 billion expected, with adjusted EPS of $0.69 beating the $0.49 consensus as sales jumped 123% year over year.
• Management projected at least $12.3 billion in Q3 revenue and set Q3 adjusted EPS guidance of at least $0.60, while lifting the full‑year revenue outlook to a minimum of $40 billion.
• Gross margin contracted to about 6.4% from 11.9% a year earlier, underscoring pricing and product‑mix pressure in the AI server market.
• Approximately 63% of quarterly revenue came from a single customer, a concentration risk highlighted by analysts tracking the company’s sales mix.
• Market uncertainty remains elevated with options pricing a roughly 12%–13% move around the report and the Justice Department’s accounting investigation still unresolved.