Super Micro Computer reported a record backlog after booking more than $60 billion in new orders in a single quarter, signaling sustained appetite for AI infrastructure as the server maker closed out fiscal 2026.
The company posted fourth-quarter adjusted earnings of $1.70 per share on $11.1 billion in revenue, beating profit estimates while slightly missing the sales target. Gross margins expanded to 17.5%, up sharply from 9.6% a year earlier, as net income reached $1.18 billion. For the current quarter, Super Micro projected net sales of $14.5 billion to $15.5 billion, well above the $11.9 billion analysts had expected.
Looking ahead, the company guided full fiscal 2027 revenue between $65 billion and $72 billion, far exceeding the $52.5 billion consensus. Shares rose 9% in after-hours trading to $34.51, though the stock remains off 33.3% over the trailing year. In June, the company announced plans to raise as much as $7 billion in equity-linked financing to fund its AI build-out.