SMCISupermicro
We are a Silicon Valley-based provider of total information technology ("IT") solutions which address demanding workloads from the enterprise and cloud to the intelligent edge. 10-K, Item 1
- Employees
- 7,000
- Headquarters
- San Jose, CA
- CEO
- Charles Liang
- Next results
- around Feb 2, 2027
Dilution: new shares, stock pay and buybacks
prospectuses (S-3, 424B) of the last three years and the 10-K cash flow From EDGARShares offered
Since Nov 11, 2023: 2 at-the-market programs, 1 sale of new shares, 1 convertible offering, 2 shelf registrations; also 2 resales by holders. Latest at-the-market program for common stock: Jun 12, 2026, up to $1.2B.
- Jun 12, 2026 Convertible preferred stock: 75.0M shares 424B5
- Jun 12, 2026 At-the-market program: up to $1.2B of common stock 424B5
- Jun 12, 2026 At-the-market program: up to 45.5M shares of common stock 424B5
- Jun 9, 2026 Shelf registration: shares and other securities, amount not fixed S-3ASR
- Mar 20, 2024 Sale of 2.0M new shares 424B5
- Mar 19, 2024 Shelf registration: shares and other securities, amount not fixed S-3ASR
Every offering filing →“We are offering 75,000,000 depositary shares (“Depositary Shares”), each of which represents a 1/20th interest in a share of our 7.00% Series A Mandatory Convertible Preferred Stock, par value $0.001 per share (“Mandatory Convertible Preferred Stock”).”
424B5, Jun 12, 2026 ↗
Diluted shares: 697.35M in the year to Jun 30, 2026 2026 +11.0%2025 +4.4%2024 +7.6%2023 +4.4%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. Cash & buybacks, year by year → · How
FY2026, from the cash flow statement in the 10-K, added up.
Came from
| Debt raised | $4.5B |
| Shares sold | $1.4B |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$4.1B |
Went to
| Operating cash flow (outflow) | $6.8B |
| Capital spending | $162.0M |
| Debt repaid | $520.5M |
| Added to cash | $2.5B |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Each CEO's years
The CEO of each fiscal year as named in the proxy's pay versus performance table, and what the 10-Ks show for those years. Facts, not a grade.
Mr. Liang
- Operating cash flow
- -$480.7M
- Capital spending
- $391.5M
- Acquisitions
- $2.5M
- Stock-based pay
- $661.8M
- Diluted shares since FY2020
- +18.9%
- Revenue since FY2020
- +558%
- Debt since FY2020
- +$83.1M
- CEO pay (reported)
- $46.2M
| Fiscal year to | Buybacks | Dividends | Stock pay | Shares issued for cash | Diluted shares |
|---|---|---|---|---|---|
| 2026-06-30 | $0 | - | $412.1M | $1.4B | 697.35M |
| 2025-06-30 | $200.0M | - | $314.5M | $0 | 628.40M |
| 2024-06-30 | $0 | - | $231.5M | $0 | 602.15M |
| 2023-06-30 | $150.0M | - | $54.4M | $30.5M | 559.70M |
| 2022-06-30 | $0 | - | $32.8M | $21.0M | 536.15M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: buybacks = PaymentsForRepurchaseOfEquity; sbc = ShareBasedCompensation; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
Price paid per share
What SMCI paid on average for each share it bought back, each fiscal year: dollars spent divided by shares bought, both from the 10-K.
| Fiscal year to | Shares bought | Spent | Average price | |
|---|---|---|---|---|
| 2023-06-30 | 15.53M | $150.0M | $9.66 | |
| 2021-06-30 | 42.09M | $130.0M | $3.09 | |
| 2009-06-30 | 4.45M | $2.0M | $0.46 |
Shares and dollars from the statement of shareholders' equity (the cash flow line also counts shares withheld for taxes, so it is not used). Share counts filed before a stock split are put on today's count. A year where the 10-K does not tag both numbers is left out.
Work on SMCI in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/SMCI/export.csv") into a cell.