Super Micro Projects $40 Billion Revenue for 2026, Aims to Avoid Nasdaq Delisting

The AI server company plans to meet SEC filing deadlines after governance issues and financial delays, while revising 2025 guidance downward.

Super Micro Computer announced a 2026 revenue target of $40 billion, exceeding analysts' expectations of $30 billion, driven by AI server demand and Nvidia partnerships.
The company lowered its 2025 revenue guidance to $23.5-$25 billion from $26-$30 billion, citing product transitions and technology deployment delays.
Super Micro expects to file its delayed financial reports by the February 25 Nasdaq deadline, aiming to avoid delisting after governance and accounting concerns.
Despite a turbulent 2024, including a short-seller report and auditor resignation, an independent review found no evidence of misconduct by senior management.
Preliminary Q2 revenue of $5.6-$5.7 billion, reflecting 54% growth year-over-year, fell short of Wall Street’s $5.89 billion expectations, with mixed analyst reactions to the company's outlook.