What is Super Micro Computer, Inc.'s capital expenditures incurred but not yet paid?

Super Micro Computer, Inc. (SMCI) reported capital expenditures incurred but not yet paid of $6M in Q4 2025.

How has Super Micro Computer, Inc.'s capital expenditures incurred but not yet paid changed year-over-year?

Super Micro Computer, Inc.'s capital expenditures incurred but not yet paid increased by 9.5% year-over-year, from $5.48M to $6M.

What does capital expenditures incurred but not yet paid mean?

Capital investments made during the period that are recorded as liabilities rather than cash outflows.

Supplemental

Capital expenditures incurred but not yet paid

Super Micro Computer, Inc. Capital expenditures incurred but not yet paid decreased by 46.0% to $6M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.5%, from $5.48M to $6M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement

SectionSupplemental

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2014

Last reportedQ2 2026Feb 6, 2026

How to read this metric

An increase indicates future cash outflows for capital projects, potentially impacting future liquidity.

Detailed definition

Represents capital expenditures that have been committed or incurred but for which cash payment has not yet been made. T...

Peer comparison

Common in capital-intensive industries; indicates the timing difference between asset acquisition and cash settlement.

Metric ID: amd_capex_unpaid

Historical Data

12 periods

	Q4 '21	Q1 '22	Q4 '22	Q1 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q1 '26	Q2 '26
Value	$1.34M	$13.06M	$361K	$6.6M	$8.03M	$0	$3.18M	$10.27M	$21.19M	$5.48M	$11.13M	$6M
QoQ Change	—	+874.1%	-97.2%	>999%	+21.7%	-100.0%	—	+222.7%	+106.4%	-74.1%	+102.9%	-46.0%
YoY Change	—	—	-73.1%	-49.5%	+21.7%	—	—	—	+163.8%	—	-47.5%	+9.5%

Range$0 – $21.19M

CAGR+72.5%

Avg YoY Growth+4.2%

Median YoY Growth-19.0%

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Frequently Asked Questions

What is Super Micro Computer, Inc.'s capital expenditures incurred but not yet paid?: Super Micro Computer, Inc. (SMCI) reported capital expenditures incurred but not yet paid of $6M in Q4 2025.
How has Super Micro Computer, Inc.'s capital expenditures incurred but not yet paid changed year-over-year?: Super Micro Computer, Inc.'s capital expenditures incurred but not yet paid increased by 9.5% year-over-year, from $5.48M to $6M.
What does capital expenditures incurred but not yet paid mean?: Capital investments made during the period that are recorded as liabilities rather than cash outflows.