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.