NASDAQ$SMCI

Super Micro Computer, Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Supermicro's Q1 2022 financial results were announced, demonstrating revenue growth and market share gains.

Supermicro announced its Q1 2022 financial results, with revenue exceeding $1 billion, representing a 35% year-over-year growth. The company's growth was driven by strong design win momentum and shipment growth to key global customers.

  • Net sales reached $1.03 billion, compared to $762 million in the same quarter of last year.
  • Net income was $25 million, versus $27 million in the same quarter of last year.
  • Diluted net income per common share was $0.48, compared to $0.49 in the same quarter of last year.
  • Non-GAAP diluted net income per common share was $0.58, compared to $0.55 in the same quarter of last year.

Headline financials

Total Revenue

$1.03B

Previous: $762M+35.5%
EPS (adj)

$0.06

Previous: $0.06+5.5%
Capital Expenditures

-$10.8M

Previous: -$11.9M+8.9%
Free Cash Flow

$14.6M

Previous: $14.8M-0.8%
Net Income

$25.4M

Previous: $26.6M-4.4%
Operating Income

$29.1M

Previous: $30.4M-4.3%
Gross Profit

$138M

Previous: $130M+6.3%
Cash & Equivalents

$270M

Previous: $300M-10.0%
Total Assets

$2.43B

Previous: $1.82B+33.6%
Stock-Based Comp

$7.02M

Previous: $7.17M-2.2%

Revenue & EPS history

Supermicro · Revenue · Quarterly

$1.03B

Q1 2022+35.5%vs Q1 2021
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Forward guidance

For the second quarter of fiscal year 2022 ending December 31, 2021, the Company expects net sales of $1.1 billion to $1.2 billion, GAAP net income per diluted share of $0.60 to $0.80 and non-GAAP net income per diluted share of $0.70 to $0.90.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+3.4%

Avg return

Earnings day

+3.9%

Avg return

5 days after

+13.6%

Avg return

30 days after

61%

39 / 64 earnings

Positive

+33.7%

Q3 2022

Best reaction

-24.7%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.5%+21.8%+49.3%
Q2 2026+13.8%+13.0%+5.5%
Q1 2026-1.7%-15.2%-26.8%
Q3 2025-1.2%+1.8%+26.1%
Q1 2025-3.5%+2.2%-13.7%
Q2 2025+2.8%+24.1%+9.2%
Q4 2024-19.1%-16.4%-31.9%
Q3 2024-17.1%-12.1%-7.0%
Q2 2024+8.2%+22.2%+72.2%
Q1 2024+2.7%+5.5%+12.6%
Q4 2023-24.7%-28.0%-24.3%
Q3 2023+27.5%+30.6%+119.8%
Q2 2023+10.5%+16.9%+36.4%
Q1 2023+16.1%+10.1%+30.1%
Q4 2022+4.3%+6.9%+6.4%
Q3 2022+33.7%+20.8%+30.9%
Q2 2022+8.1%-5.7%+3.9%
Q1 2022+14.2%+27.1%+16.9%
Q4 2021-0.3%-6.7%-6.2%
Q3 2021-2.7%-2.3%-2.3%
Q2 2021+4.8%+1.3%+3.4%
Q1 2021+23.5%+21.6%+29.0%
Q4 2020-13.9%-13.6%-15.8%
Q3 2020+15.5%+8.9%+29.9%
Q2 2020-6.4%-1.6%-14.3%
Q1 2020-3.2%-2.2%+18.1%
Q4 2019+9.8%+6.4%+27.6%
Q2 2018+9.8%+6.4%+27.6%
Q1 2019+9.8%+6.4%+27.6%
Q3 2019+9.8%+6.4%+27.6%
Q2 2019+9.8%+6.4%+27.6%
Q1 2018+9.8%-0.2%+2.6%
Q4 2018-2.5%-3.8%+2.0%
Q3 2018-0.8%-0.8%+7.7%
Q4 2017+0.4%-0.7%-0.7%
Q3 2017-1.2%-3.8%-1.6%
Q2 2017-6.3%-7.0%-5.1%
Q1 2017+9.9%+2.9%+21.2%
Q4 2016+4.9%+4.4%+7.8%
Q3 2016-6.3%
Q2 2016+9.2%
Q1 2016+12.2%
Q4 2015+4.9%
Q3 2015-14.0%
Q2 2015-2.8%
Q1 2015+13.4%
Q4 2014-7.5%
Q3 2014+2.1%
Q2 2014+27.8%
Q1 2014-4.9%
Q4 2013+11.0%
Q3 2013-2.5%
Q2 2013+21.4%
Q1 2013-12.8%
Q4 2010+0.8%
Q4 2012+0.0%
Q3 2011-2.4%
Q3 2012+5.2%
Q2 2011+0.6%
Q2 2012+1.8%
Q1 2011+0.6%
Q4 2011+0.6%
Q1 2012+0.6%
Q3 2010+5.3%

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