Super Micro Computer, Inc. SMCI Vernon, California — Operating lease agreement, number of tranches
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Where this comes from
Reported directly by Super Micro Computer, Inc. in its filing.
Tagged under the XBRL concept smci:OperatingLeaseAgreementNumberOfTranches.
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
In June 2024, we entered into a lease agreement for a 21 megawatt (“MW”) data center co-location space located in Vernon, California (the “Data Center Space”) that will expire on September 30, 2035. We do not have an option to extend (or to terminate) the lease. The lease agreement consists of three tranches, with the first tranche of 6 MW having commenced on January 24, 2025, the second tranche of 9 MW commenced on May 12, 2025, and the third tranche of 6 MW commenced on August 15, 2025. As of March 31, 2026, the ROU assets and lease liabilities related to all three tranches totaled $284.0 million and $294.9 million, respectively. Variable lease payments not dependent on a rate or index associated with our leases are recognized when the event, activity, or circumstance in the lease agreement on which those payments are assessed as probable. Variable lease payments are presented as operating expenses in the condensed consolidated statements of operations.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Super Micro Computer, Inc.'s vernon, california — operating lease agreement, number of tranches?
- Super Micro Computer, Inc. (SMCI) reported vernon, california — operating lease agreement, number of tranches of 3 in Q1 2026.
- How has Super Micro Computer, Inc.'s vernon, california — operating lease agreement, number of tranches changed year-over-year?
- Super Micro Computer, Inc.'s vernon, california — operating lease agreement, number of tranches decreased by 40.0% year-over-year, from 5 to 3.
- What does vernon, california — operating lease agreement, number of tranches mean?
- This metric represents the total count of distinct contractual tranches or financing phases associated with operating lease agreements for facilities located in the Vernon, California region. It reflects the complexity and structure of the company's real estate footprint in this specific geographic segment. Tracking these tranches helps investors understand the maturity profile and renewal cadence of the company's regional infrastructure.
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