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Super Micro Computer, Inc. SMCI Operating Lease Liabilities

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Other financials

Income statement

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Revenue$10.2B+123%
Gross profit$1.0B+131%
Operating income$625.9M+326%
Net income$483.4M+344%
EPS (diluted)$0.72+324%

Balance sheet

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Cash & equivalents$1.3B-47.2%
Total debt$6.3B+1,983%
Total equity$7.6B+18.7%
Total assets$23.5B+118%

Cash flow

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Operating cash flow-$6.6B-1,155%
CapEx$80.3M+145%
Free cash flow-$6.7B-1,227%

Valuation

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Market cap$19.01B-31.9%
Enterprise value$23.96B+3.4%
P/E15.2×-11.4×
P/S0.6×-0.7×

Profitability

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Gross margin8.4%-2.9pp
Operating margin4.5%-1.6pp
Net margin3.7%-1.6pp
FCF margin-20.3%

Returns & leverage

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Return on equity17.9%-2.2pp
Debt / equity0.8×+0.8×
Current ratio2.7×-4.0×

Where this comes from

Reported directly by Super Micro Computer, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Super Micro Computer, Inc.’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:38 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001375365-26-000014
Line itemMarch 31, 2026June 30, 2025
Other assets$361,437$293,692
Accrued liabilities$32,703$21,189
Other long-term liabilities345,352280,368
Total lease liabilities$378,055$301,557
Weighted average remaining lease term8.6 years9.1 years
Weighted average discount rate (1)5.8%5.8%

Item 1. Financial Statements (Unaudited)

FAQ

What is Super Micro Computer, Inc.'s operating lease liabilities?
Super Micro Computer, Inc. (SMCI) reported operating lease liabilities of $345.35M in Q1 2026.
How has Super Micro Computer, Inc.'s operating lease liabilities changed year-over-year?
Super Micro Computer, Inc.'s operating lease liabilities increased by 142.5% year-over-year, from $142.41M to $345.35M.
What is the long-term trend for Super Micro Computer, Inc.'s operating lease liabilities?
Over 2 years (2021 to 2025), Super Micro Computer, Inc.'s operating lease liabilities has grown at a 339.1% compound annual growth rate (CAGR), from $14.54M to $280.37M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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