Supermicro lifts fiscal Q1 revenue estimate to $18.5-19.5B from $14.5-15.5B on AI platform demand
Super Micro Computer released a preliminary update for its fiscal first quarter ended September 30, 2026, estimating revenue of $18.5 billion to $19.5 billion against prior guidance of $14.5 billion to $15.5 billion. The company credited stronger demand for its AI platforms. It also raised its gross margin estimate to 12.0%-12.5% from 10.4%-10.8%, citing customer and product mix. The figures are unaudited; full results come on November 3.
- Q1 FY27 revenue estimate $18.5B-$19.5B vs guidance of $14.5B-$15.5B
- Gross margin estimate 12.0%-12.5% vs guidance of 10.4%-10.8%
- Increase driven mainly by AI platform demand
- Preliminary and unaudited; earnings call November 3 at 5:00 p.m. ET
SMCI around the story · hourlySince the story ▲ 17.45%
Moves this explains
CRDO+6.51%Oct 19 · Rose 7.4% in two steps: at the open, as AI hardware stocks recovered from an early wobble and the Nasdaq reversed its opening loss, and after the close, alongside Super Micro's sharply raised quarterly revenue estimate on stronger AI platform demand. No Credo-specific news was reported.CRWV+5.91%Oct 19 · Rose 5.8% after a weak start: CoreWeave fell 4% at the open when Korean AI cloud firm Elice slid about 30% in its debut, then turned higher during the session and added more after the close alongside Super Micro's sharply raised revenue estimate. HSBC repeated its reduce rating the same day, citing debt-market strain.DELL+7.15%Oct 19 · Rose 7.0% in two steps: at the open, as AI hardware stocks recovered from an early wobble and the Nasdaq reversed its opening loss, and after the close, alongside Super Micro's sharply raised quarterly revenue estimate on stronger AI platform demand. No Dell-specific news was reported.NBIS+6.03%Oct 19 · Rose 6.4% after an early drop: neocloud stocks fell at the open when Korean AI cloud firm Elice slid about 30% in its debut, then recovered during the session and added more after the close alongside Super Micro's sharply raised revenue estimate. No Nebius-specific news was reported.SMCI+16.45%Oct 19 · Rose 14.9%, almost all of it after the close, when Super Micro said fiscal first-quarter revenue would come in at $18.5 billion to $19.5 billion, far above its $14.5 billion to $15.5 billion guidance, on stronger demand for AI platforms. It also raised its gross margin estimate to 12.0%-12.5% from 10.4%-10.8%.STX+4.91%Oct 19 · Rose 5.2% in two steps: at the open, as AI hardware stocks recovered from an early wobble and the Nasdaq reversed its opening loss, and after the close, alongside Super Micro's sharply raised quarterly revenue estimate on stronger AI platform demand. No Seagate-specific news was reported.WDC+6.46%Oct 19 · Rose 6.6% in two steps: at the open, as AI hardware stocks recovered from an early wobble and the Nasdaq reversed its opening loss, and after the close, alongside Super Micro's sharply raised quarterly revenue estimate on stronger AI platform demand. No Western Digital-specific news was reported.Source
Super Micro Computer (SEC Form 8-K, Exhibit 99.1)Oct 20, 2026