Supermicro Raises Q1 Revenue Outlook by $4B

After the US market close on Tuesday, October 20, 2026, Super Micro Computer issued a business update raising preliminary Q1 FY27 revenue—for the quarter ended September 30—to $18.5 billion–$19.5 billion from prior guidance of $14.5 billion–$15.5 billion. Gross margin guidance rose to 12.0%–12.5% from 10.4%–10.8%. The midpoint of the new revenue range is about 27% above the prior midpoint. Analyst consensus was approximately $15 billion per Bloomberg and $14.916 billion per Benzinga. The company pointed to increased demand for AI platforms and customer and product mix. Shares rose about 10%–12% in after-hours trading after closing at $32.47; the stock was up 11% year-to-date. The update was furnished via Form 8-K; a conference call is set for November 3, 2026, at 5:00 p.m. ET. The figures are preliminary and unaudited, and the company said actual results could differ materially.