Super Micro's Q4 FY26 is out — revenue $11.1B (about +91% YoY), a touch below the ~$11.5B the street looked for. But the real story is margins: gross margin nearly doubled to 17.5%, and non-GAAP EPS came in at $1.70 vs ~$0.92 expected — a big beat. Management also guided the current quarter above where the street sat.
We broke down what actually drove the margin jump and what the guidance is signaling:
→ Full breakdown: https://marketchacha.com/post/nd6j36