NASDAQ$SMCI
Super Micro Computer, Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Supermicro's Q4 2022 earnings showcased significant growth, marked by increased net sales, gross margin, and net income.
Supermicro reported a strong Q4 2022 with net sales reaching $1.64 billion, a gross margin of 17.6%, and a net income of $141 million. The company's diluted net income per share stood at $2.60, and non-GAAP diluted net income per share was $2.62. The company achieved $5.2 billion in annual revenue.
- Net sales increased to $1.64 billion compared to $1.07 billion in the same quarter last year.
- Gross margin improved to 17.6% from 13.6% in the same quarter of the previous year.
- Net income rose to $141 million, a significant increase from $39 million in the corresponding quarter of the prior year.
- Diluted net income per share reached $2.60, up from $0.74 in the same quarter last year.
Headline financials
Revenue & EPS history
Supermicro · Revenue · Quarterly
$1.64B
Forward guidance
For the first quarter of fiscal year 2023, Supermicro anticipates net sales between $1.52 billion and $1.62 billion. They project GAAP net income per diluted share to be in the range of $2.01 to $2.27, and non-GAAP net income per diluted share to be between $2.07 and $2.32. For the full fiscal year 2023, the company expects net sales of $6.2 billion to $7.0 billion, with GAAP net income per diluted share of at least $7.27 and non-GAAP net income per diluted share of at least $7.50.
Tailwinds
- Net sales are expected to be between $1.52 billion and $1.62 billion.
- GAAP net income per diluted share is projected to be $2.01 to $2.27.
- Non-GAAP net income per diluted share is expected to be $2.07 to $2.32.
- For fiscal year 2023, net sales are projected to be $6.2 billion to $7.0 billion.
- GAAP net income per diluted share for fiscal year 2023 is expected to be at least $7.27.
Headwinds
- Guidance is subject to various risks and uncertainties.
- The global COVID-19 pandemic continues to present significant uncertainties.
- Quarterly operating results may fluctuate, which could cause stock price declines.
- Customer base may become more concentrated, potentially increasing cost of sales and lowering margins.
- Failure to meet financial guidance could lead to a decline in stock value.
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 Q4 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
| Quarter | Report date | Reaction (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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