Super Micro Computer, Inc. (SMCI) closed fiscal year 2025 with a gross margin of 11.1 % and a net margin of 4.8 %.
Super Micro Computer, Inc. (SMCI) closed fiscal year 2025 with a gross margin of 11.1 % and a net margin of 4.8 %. The same year shows an EBITDA margin of 5.9 % and an EBIT margin of 5.7 %. The free cash flow margin was 7.0 %. Against the previous year the gross margin moved −2.7 pp and the net margin −2.9 pp. Across the period the gross margin ranges between 11.1 % in 2025 and 18.0 % in 2023. The series covers 16 fiscal years, from 2010 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: June
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 15.94 % | 16.03 % | 16.32 % | 13.77 % | 15.37 % | 15.69 % | 14.85 % | 14.08 % | 12.80 % | 14.16 % | 15.76 % | 15.03 % | 15.40 % | 18.01 % | 13.75 % | 11.06 % |
| EBITDA margin (%) | 6.29 % | 6.81 % | 5.24 % | 3.01 % | 5.90 % | 7.20 % | 5.43 % | 4.48 % | 3.47 % | 3.47 % | 3.42 % | 4.28 % | 6.93 % | 11.06 % | 8.28 % | 5.89 % |
| EBIT margin (%) | 5.65 % | 6.23 % | 4.54 % | 2.34 % | 5.47 % | 6.79 % | 4.83 % | 3.82 % | 2.82 % | 2.78 % | 2.57 % | 3.48 % | 6.45 % | 10.68 % | 8.08 % | 5.70 % |
| Net margin (%) | 3.73 % | 4.27 % | 2.94 % | 1.83 % | 3.69 % | 4.74 % | 3.24 % | 2.69 % | 1.37 % | 2.05 % | 2.52 % | 3.14 % | 5.49 % | 8.98 % | 7.69 % | 4.77 % |
| FCF margin (%) | -3.38 % | -0.82 % | -0.83 % | 0.74 % | -2.32 % | -4.16 % | 3.32 % | -5.05 % | 1.77 % | 6.79 % | -2.24 % | 1.83 % | -9.35 % | 8.80 % | -17.41 % | 6.97 % |
