Super Micro Computer posts Q4 adjusted EPS of $1.70, crushing estimates by 28%

Super Micro Computer just delivered fiscal Q4 2026 results that tell two very different stories depending on which number you look at first. The company’s non-GAAP diluted earnings per share landed at $1.70, beating Wall Street’s consensus estimate of roughly $1.33 by a comfortable margin. Net sales of $11.12 billion, meanwhile, came in just a hair below the $11.2 billion analysts were expecting. The numbers behind the beat The quarterly revenue figure becomes far more impressive when you zoom out. Super Micro pulled in $11.12 billion in Q4, up from $5.76 billion in the same quarter a year ago. That’s roughly 93% year-over-year growth. Gross margins told an even more dramatic story. The company posted 17.5% GAAP and 17.6% non-GAAP margins for the quarter, compared to the prior guidance range of 8.2% to 8.4%. The full fiscal year 2026 picture reinforces the trend. Annual net sales hit $39.06 billion, up from $21.97 billion in FY2025, representing roughly 78% growth. Non-GAAP diluted EPS for the full year came in at $3.63. Perhaps the most eye-catching data point: Super Micro secured over $60 billion in new orders during Q4 alone, building what management described as a record backlo...