Supermicro shares surge over 6% after earnings beat and strong 2027 outlook

Super Micro Computer shares surged more than 6% in after hours trading Tuesday after the AI infrastructure company reported fiscal fourth quarter earnings that significantly beat Wall Street expectations and issued a stronger than expected outlook for fiscal 2027. 

Supermicro reported adjusted earnings of $1.70 per share, well above the 92 cents expected by analysts. Net income reached $1.18 billion, compared with $195 million a year earlier, while diluted GAAP earnings rose to $1.62 per share from $0.31.

Revenue nearly doubled to $11.1 billion from $5.8 billion a year earlier, although it came in below Wall Street expectations of roughly $11.6 billion.

Gross margin improved sharply to 17.5% from 9.5% a year earlier, while the adjusted gross margin reached 17.6%. Adjusted EBITDA rose to $1.67 billion from $332 million in the same quarter last year.

CEO Charles Liang said Supermicro added several hundred enterprise and other customers during the past year, generated more than $60 billion in new orders and entered fiscal 2027 with record backlog.

For the first quarter of fiscal 2027, Supermicro expects revenue between $14.5 billion and $15.5 billion, substantially above the roughly $11.8 billion expected by analysts. The company projected adjusted earnings between $1.01 and $1.10 per share compared with a Wall Street estimate of about $0.72.

Supermicro also expects full year fiscal 2027 revenue between $65 billion and $72 billion, well above the roughly $53 billion analysts had projected.

For the full fiscal 2026 year, revenue reached $39.1 billion compared with $22 billion in 2025, while net income more than doubled to $2.2 billion from $1 billion.