Super Micro Computer Inc (SMCI)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 732,378 | 612,577 | 639,998 | 587,251 | 578,377 | 444,142 | 285,163 | 183,503 | 124,959 | 110,701 | 111,865 | 91,153 | 88,532 | 84,564 | 84,308 | 89,568 | 84,407 | 78,921 | 71,918 | 61,463 |
| Revenue (ttm) | US$ in thousands | 9,252,750 | 7,391,030 | 7,123,490 | 6,574,090 | 6,646,280 | 6,015,500 | 5,196,100 | 4,629,620 | 4,170,011 | 3,827,897 | 3,557,417 | 3,384,563 | 3,261,090 | 3,301,727 | 3,339,281 | 3,297,389 | 3,268,480 | 3,329,046 | 3,500,360 | 3,324,294 |
| Net profit margin | 7.92% | 8.29% | 8.98% | 8.93% | 8.70% | 7.38% | 5.49% | 3.96% | 3.00% | 2.89% | 3.14% | 2.69% | 2.71% | 2.56% | 2.52% | 2.72% | 2.58% | 2.37% | 2.05% | 1.85% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $732,378K ÷ $9,252,750K
= 7.92%
The net profit margin of Super Micro Computer Inc has shown a fluctuating trend over the past eight quarters. In Q2 2024, the company's net profit margin was 7.92%, slightly lower than in Q1 2024 at 8.29%. Despite this decrease, the company has generally maintained a healthy net profit margin above 7% for the past two years.
The highest net profit margin of 8.98% was recorded in Q4 2023, followed closely by 8.93% in Q3 2023. These quarters indicate strong profitability for the company. In contrast, the net profit margin was at its lowest in Q3 2022 at 3.96%, reflecting a significant drop in profitability during that period.
Overall, Super Micro Computer Inc has demonstrated a positive trend in its net profit margin, with improvements seen in recent quarters. This indicates the company's ability to generate profits relative to its revenue, showcasing efficient cost management and operational effectiveness.
Peer comparison
Dec 31, 2023