Super Micro Computer Inc (SMCI)

Operating profit margin

		Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Operating income	US$ in thousands	1,252,990	1,265,690	761,142	335,167	92,928
Revenue	US$ in thousands	21,972,000	14,942,900	7,123,480	5,196,100	3,557,420
Operating profit margin		5.70%	8.47%	10.68%	6.45%	2.61%

June 30, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,252,990K ÷ $21,972,000K
= 5.70%

The operating profit margin of Super Micro Computer Inc. demonstrates a notable upward trend over the analyzed period. As of June 30, 2021, the operating profit margin was 2.61%, indicating a relatively modest level of operating efficiency and profitability relative to revenues. By June 30, 2022, this margin increased significantly to 6.45%, reflecting substantial improvements in operational profitability perhaps due to enhanced cost management, increased sales, or improved product mix. The upward trajectory continued into June 30, 2023, with the margin reaching 10.68%, more than quadrupling from the 2021 figure, which signifies robust operational performance and greater profitability from core business activities.

However, after peaking in 2023, there was a slight decline in operating profit margin in subsequent years, falling to 8.47% by June 30, 2024, and further to 8.08% by June 30, 2025. Despite these declines, the margin remains significantly higher than the levels observed in 2021, indicating sustained operational efficiency improvements. The slight decrease post-2023 could be attributable to increased costs, strategic investments, competitive pressures, or shifts in sales mix, but overall, the company retains a high operating profitability compared to earlier years.

In summary, Super Micro Computer Inc. experienced substantial growth in operating profitability from 2021 through 2023, followed by a moderate stabilization or slight contraction in later years, yet maintaining a high operating profit margin relative to its historic levels. This trend underscores the company's capacity for operational improvement and resilience in its core business segments over the period analyzed.