Super Micro Computer (SMCI) FY2022 results: revenue $5.2 billion, up 46.1% on the year
Super Micro Computer, Inc. (SMCI) reported revenue of $5.2 billion for fiscal 2022, the year ended 30 June 2022, up 46.1% on the year before. Net income was $285 million, up 154.9%, and diluted earnings per share $0.53. The figures are the company's own, from the 10-K it filed with the SEC on 29 August 2022.
Revenue
$5.2 billion
+46.1% on the year
FY2015FY2022
Operating margin
6.5%
3.5% a year earlier
FY2015FY2022
Net income
$285 million
+154.9% on the year
FY2015FY2022
Diluted EPS
$0.53
+154.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
-441
123
-30.3
Capital expenditure
45.2
58.0
44.3
-22.1%
Free cash flow
-486
64.9
-74.7
Free cash flow margin
-9.4%
1.8%
-2.2%
Cash from investing
-46.3
-58.0
-43.6
Cash from financing
523
-44.4
23.8
Depreciation and amortisation
24.8
28.2
28.5
-12.0%
Share-based compensation
32.8
28.5
20.2
+14.9%
Diluted shares, weighted
536m
535m
528m
+0.2%
Shares outstanding at period end
523m
506m
524m
+3.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,426
1,096
1,066
+30.0%
Non-controlling interest
0.2
0.2
0.2
-0.6%
Debt
597
98.2
29.4
+507.8%
Operating lease liabilities
16.7
14.5
18.1
+14.6%
Other liabilities
1,166
1,033
805
+12.9%
Total liabilities and equity
3,205
2,242
1,919
+43.0%
Fixed assets
286
275
234
+4.1%
Investments
1.6
1.6
1.6
+2.2%
Cash and equivalents
267
232
211
+15.1%
Receivables
835
464
404
+79.9%
Inventory
1,546
1,041
851
+48.5%
Other assets
270
229
218
+18.1%
Total assets
3,205
2,242
1,919
+43.0%
10-K for the year ended 30 June 2022, filed 29 August 2022: the filing.