From Startup Fortune · · 1m 20s
Supermicro Posts $19.9 Billion Quarter
Supermicro's AI server sales surge to $19.9 billion, silencing AI bubble doubters.
In brief
Supermicro's AI server sales surge to $19.9 billion, silencing AI bubble doubters. Supermicro reported $19.9 billion in Q1 fiscal 2027 revenue, beating analyst expectations and raising second-quarter sales guidance to $19.5-$21.5 billion. Originally reported by Startup Fortune.
Supermicro's Q1 Fiscal 2027 Results
Supermicro reported $19.9 billion in net sales for Q1 fiscal 2027, up 298% from $5 billion a year ago.
Earnings Beat Wall Street
Net income reached $1.59 billion, with diluted EPS at $1.75 on GAAP and adjusted EPS at $1.81, exceeding Wall Street's $1.62 forecast.
Stock Surge After Report
Shares jumped 10% after hours to $34.46, up from $31.46 closing at regular session.
Second-Quarter Guidance
Supermicro guided Q2 fiscal 2027 net sales to $19.5-$21.5 billion, above analysts' $19.1 billion estimate.
Full-Year Revenue Forecast
Full-year fiscal 2027 revenue guidance set at $72-$82 billion, exceeding analysts' $69.17 billion projection.
AI Server Demand Surge
Supermicro booked $60 billion in new orders for Q4 fiscal 2026, with gross margins at 15-17%.
Margin Concerns
Gross margin dropped to 12.7% from 17.5% the prior quarter, indicating thin margins despite high demand.
AI Infrastructure Debate
The AI infrastructure build is accelerating, but whether demand can survive a pause in hyperscaler relationships remains uncertain.
At a glance
Supermicro reported $19.9 billion in Q1 fiscal 2027 revenue, beating analyst expectations and raising second-quarter sales guidance to $19.5-$21.5 billion.
