Super Micro cuts Q1 revenue view to $5B from $6B-$7B, consensus $6.48B

Super Micro (SMCI) is providing a business update for the first quarter of fiscal year 2026. Recent design wins in excess of $12B, requesting delivery in Q2 of FY26. Design win upgrades pushed some expected Q1 revenue to Q2, resulting in estimated revenue in Q1 of $5B versus $6B-$7B guidance. The company said it is seeing robust demand for Supermicro Nvidia GB300, B300, RTX Pro, AMD 355X LC, now starting to ship “Supermicro is seeing outstanding levels of customer engagements for newly released AI liquid cooled solutions along with numerous key customers ramping large, multi-quarter, volume deployments,” said Charles Liang, president and CEO of Supermicro. “We see customer demand accelerating, and we are gaining AI share, reiterating revenue of at least $33B for FY 2026 with the expectation of delivering more.”