Supermicro Reports Record $60B+ in New Orders and Surging Gross Margins
Supermicro released its preliminary Q4 FY2026 financial results, securing over $60 billion in new orders and driving its backlog to a record high. Additionally, the company projected its gross margins to reach 15-17%, significantly higher than its previous guidance of 8.2-8.4%. This massive influx of orders and improved profit margins signal sustained, high-volume demand in the AI server and data center infrastructure market. It also demonstrates Supermicro's ability to optimize its product and customer mix to achieve better profitability despite revenue hitting the lower end of expectations. While gross margins improved due to a favorable customer and product mix, Supermicro expects its Q4 FY2026 revenue to be near the lower end of its previously guided range of $11 billion to $12.5 billion. The newly acquired orders are scheduled to be delivered over the coming quarters.
## BACKGROUND
Supermicro (Super Micro Computer) is a major global provider of high-performance server and storage solutions, heavily integrated into the AI boom due to its liquid-cooled server racks. Gross margin is a key financial metric representing the percentage of revenue left after subtracting the cost of goods sold, which has recently been a point of concern for investors tracking the company's profitability. The backlog represents ordered products that have not yet been delivered or invoiced.