Supermicro provided a preliminary update for its fourth quarter of fiscal 2026, reporting revenue at the low end of its prior guidance, but significantly better-than-expected gross margins and a record increase in new orders.
Key Highlights
- Preliminary fourth quarter revenue is expected to be near the low end of the company's guided range of $11.0 billion to $12.5 billion.
- Gross margins are projected to be between 15% and 17%, substantially above the prior guidance of 8.2% to 8.4%, driven by a favorable product and customer mix.
- The company received over $60 billion in new orders during the quarter, driving its backlog to record levels.