Super Micro’s Disappointing Q4 Results and Weak Guidance Send Shares Plummeting 15% Amid Reduced Earnings Expectations for FY2026

Super Micro Computer Inc.’s shares plunged by 15% in after-hours trading on Tuesday, following the release of underwhelming financial results for its fiscal fourth quarter and a downgraded forecast for the upcoming quarter.

Here’s how the company’s performance compared to the consensus estimate:

During the quarter ending June 30, Super Micro reported an increase in revenue by 7.5%, as per a company statement.

For the first fiscal quarter of the current year, Super Micro expects adjusted earnings per share to range between 40 cents and 52 cents on revenues of $6 billion to $7 billion. In contrast, analysts surveyed anticipate 59 cents per share and $6.6 billion in revenue.

The company projects a minimum revenue of $33 billion for the 2026 fiscal year, exceeding the consensus estimate of $29.94 billion.

Demand for Super Micro’s data center servers equipped with Nvidia chips for artificial intelligence processing and workloads surged starting in 2023 but has since tapered off.

Avoiding delisting from the Nasdaq, Super Micro overcame hurdles related to late quarterly financial filings and a change of auditor.

As of Tuesday’s market close, Super Micro shares had risen approximately 88% in 2025, while the S&P 500 index registered a growth of 7%.

Executives will discuss the results in detail during a conference call commencing at 5 p.m. ET.