Recent Updates — SMCI
The board appointed Mark Long as chief financial officer effective immediately. He brings prior experience as CFO at Western Digital and CEO/CFO of Prime Impact Acquisition I. His compensation includes a $725,000 base salary, a $500,000 sign-on bonus, and guaranteed annual cash bonuses up to $1.225 million. Long will also receive an initial award of 120,000 restricted stock units and options for 150,000 shares vesting over four years. David Weigand ceased serving as CFO at the same time. The company designs and manufactures high-performance server and storage solutions.
The Board appointed Shesha Krishnapura as an independent director effective October 9, 2026. Mr. Krishnapura brings expertise in high-performance computing and AI infrastructure from his tenure at Intel Corporation. Concurrently, Judy Lin retired from the Board on October 9, 2026, after serving since April 2022. The departure was not due to any disagreement with management. Super Micro Computer designs and manufactures high-performance server and storage solutions based on modular and open architecture.
Super Micro Computer, Inc. reported unaudited financial results for the fourth quarter and full fiscal year ended June 30, 2026. Fourth-quarter net sales reached $11.1 billion, up from $5.8 billion in Q4'25, with diluted EPS of $1.62 versus $0.31 a year earlier. Full-year net sales totaled $39.1 billion against $22.0 billion in fiscal 2025, yielding $3.26 per diluted share compared to $1.68 previously. The company provided Q1 FY2027 revenue guidance of $14.5–$15.5 billion and full-year FY2027 sales expectations between $65.0 billion and $72.0 billion. Super Micro Computer, Inc. operates in the technology hardware industry, providing AI, cloud, storage, and 5G/Edge IT infrastructure solutions.
Super Micro Computer, Inc.'s Board declared an initial cash dividend on its 7.00% Series A Mandatory Convertible Preferred Stock at $14.7778 per share, equivalent to $0.73889 per depositary share (SMCIP). The payment is scheduled for September 1, 2026, to holders of record as of August 15, 2026. Super Micro Computer, Inc. designs and manufactures high-performance server and storage solutions based on modular and open architecture.
Super Micro Computer, Inc. closed a depositary shares offering of 75,000,000 depositary shares, each representing a 1/20th interest in a share of 7.00% Series A Mandatory Convertible Preferred Stock with a $1,000 liquidation preference. The offering was underwritten by J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC. The preferred stock is subject to automatic conversion into common stock at a future date. Super Micro Computer, Inc. provides high-performance server and storage solutions for data centers and AI workloads.
Super Micro Computer, Inc. entered into several significant financial agreements in June 2026. The company established an "at-the-market" (ATM) offering program with J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and Citigroup Global Markets Inc. to sell up to $1.25 billion in common stock. Additionally, the company entered into an underwriting agreement to issue 45,454,545 shares of common stock with J.P. Morgan and Goldman Sachs, including a 30-day option for an additional 6,818,181 shares. The company also amended its existing Credit Agreement to increase capacity for distributions related to certain mandatory convertible preferred stock, provided a pro forma Fixed Charge Coverage Ratio of at least 2.00:1.00 is maintained. Super Micro Computer, Inc. is a technology company that provides high-performance server and storage solutions.