Supermicro said net sales for Q3 ended March 31, 2025 were $4.60 billion, compared with $5.68 billion in Q2 and $3.85 billion in Q3, gross margin was 9.6%, and net income was $109 million.

1. 01

   Supermicro said net sales for Q3 ended March 31, 2025 were $4.60 billion, compared with $5.68 billion in Q2 and $3.85 billion in Q3, gross margin was 9.6%, and net income was $109 million.

2. 02

   The company said diluted net income per common share for Q3 was $0.17, compared with $0.51 in Q2, and non-GAAP diluted net income per common share was $0.31. The non-GAAP figure includes adjustments for stock-based compensation expenses of $62 million and loss on extinguishment of convertible notes of $23 million, which are net of the related tax effect of $22 million and $7 million, respectively.

3. 03

   Supermicro said cash flow provided by operations for Q3 was $627 million and capital expenditures were $33 million. As of March 31, 2025, total cash and cash equivalents were $2.54 billion and total bank debt and convertible notes were $2.49 billion.

4. 04

   The company expects net sales for Q4 ending June 30 of $5.6 billion to $6.4 billion. It updated its full-year 2025 revenue guidance from $23.5 billion to $25.0 billion to $21.8 billion to $22.6 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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