Slides
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FQ1 2027 Results November 3rd, 2026 Accelerate Everything © 2026 Supermicro
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Disclosures Forward Looking Statements and Other Disclosures Statements contained in this slide deck that are not historical fact may be forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “may,” “plan,” “seek,” “should,” “will,” “would” “optimistic” or similar expressions and the negatives of those terms. Such forward looking statements may include statements regarding, among other things, guidance for the second quarter of fiscal year 2027. Such forward looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties that could cause our actual results to differ materially from those anticipated, including: (i) our quarterly operating results may fluctuate, (ii) as we increasingly target larger customers and larger sales opportunities, our customer base may become more concentrated, our cost of sales may increase, our margins may be lower and our sales may become less predictable for a variety of reasons, many of which are not in our control, (iii) the average sales prices for our server solutions could decline if customers do not continue to purchase our latest generation products or additional components, and (iv) adverse economic conditions could affect our business, including, but not limited to, increased tariffs. Certain prior period amounts have been reclassified to conform to the current period presentation. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are detailed in our filings with the Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors” in such filings, particularly in our Annual Report on Form 10-K for our fiscal year ended June 30, 2026. Financial Information Is Preliminary and May Be Subject to Change The unaudited financial information presented in this slide deck is preliminary. The final financial results reported for this period may also differ from the results reported in this deck. The financial results presented reflect the Company's preliminary estimated unaudited financial results, based upon information available to the Company as of the date of this slide deck. The Company has provided preliminary estimates of financial results primarily because its financial closing procedures for the quarter ended September 30, 2026 are not yet complete. The data are not a comprehensive statement of the Company's results for such periods, and the actual results may differ materially from these preliminary estimated data. The Company's actual results remain subject to the completion of management’s and its audit committee’s review and other financial closing processes as well as the completion and preparation of its financial data for such periods. The Company's independent registered public accounting firm has not audited, reviewed, compiled or performed any procedures with respect to such preliminary data. During the course of the preparation of the Company's financial statements and related notes and the completion of the review for such periods, additional adjustments to the preliminary estimated financial information presented here may be identified, and its final results for these periods may vary from these preliminary estimates. This preliminary estimated data should not be considered a substitute for the financial statements to be prepared in accordance with accounting principles generally accepted in the United States and to be filed with the Securities and Exchange Commission once available. Use of Non-GAAP Financial Measures To supplement its consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles (“GAAP”), the Company uses non-GAAP measures that are adjusted for certain items from the most directly comparable GAAP measures. The specific non-GAAP measures presented below are: gross profit, gross margin; operating expenses; net income; net income per common share; diluted net income; diluted net income per common share, adjusted earnings before interest, taxes, depreciation, and amortization, (“Adjusted EBITDA”); and effective tax rate. Management believes these non-GAAP measures provide useful information to investors by offering a consistent basis for comparing the Company's performance across periods, excluding items that are not reflective of our core operating results. These non-GAAP measures are not prepared in accordance with GAAP or intended to be a replacement for GAAP financial data; and therefore, should be reviewed together with the GAAP measures and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies. We exclude the following adjustments from our non-GAAP financial measures: Non-GAAP Adjustments • Stock-based compensation: Stock-based compensation relates primarily to our equity incentive awards. Stock-based compensation is a non-cash expense that is dependent on market forces that are difficult to predict. We believe that this adjustment for stock-based compensation provides investors with a basis to measure the company's core performance, including compared with the performance of other companies, without the period-to-period variability created by stock- based compensation. • Adjusted EBITDA adjustments: When calculating Adjusted EBITDA, in addition to the adjustments described above, we exclude the impact of Interest expense, Income tax (provision) benefit, and Depreciation and amortization during the period. Pursuant to the requirements of SEC Regulation G, please see the tables below for the reconciliations of GAAP to Non-GAAP measures. These should be read together with the preceding financial statements prepared in accordance with GAAP. Accelerate Everything © 2026 Supermicro2
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CEO Takeaways Accelerate Everything © 2026 Supermicro3 Charles Liang President, CEO & Founder | Supermicro • Delivering record quarter results with nearly $20B in revenue and over $2B of EBITDA relative to full fiscal year FY26 results of $39B and $3B of EBITDA • Expanding our Data Center Building Blocks Solutions DCBBS includes scale PnP Rack Scale Solutions, DLC solutions, DC software management solutions, networking solutions and onsite/proactive services • Delivering high volume NVIDIA VERA CPU / VERA Rubin, GB300 NVL72, HGX B300, RTX6000Pro, and AMD MI350/355 worldwide with the best Time to Market TTM • Engaging in new go to market partnerships, deepening our product reach across the enterprise with Supermicro’s DLC and air-cooled systems (including rack- scale platforms) to extend the Cisco Secure AI Factory with NVIDIA and also with jointly validated Supermicro AI solutions with Netapp • Scaling manufacturing to support expansion of partner platform solutions and scale infrastructure builds, and streamlining operations and logistics with automation for business efficiency IT and AI Infrastructure Solutions Leadership
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Supermicro Trailing 12 Month Revenue Supermicro Momentum Accelerate Everything © 2026 Supermicro4 Market Channel Distributors/VARs Complete Systems Total IT Solutions 1.0 2.0 3.0 Subsystems: Motherboards, Chassis, Server, Building Blocks Server Systems: AI/ML Solutions, Digital Twin, SuperBlade®, Storage, 5G/Edge/IoT Total Solutions: Rack Scale Solution/Cloud, Management Software, Global Services 4.0 End-to-End Data Center Building Block Solutions (DCBBS) Data Center Building Block Solutions: Comprehensive Suite of Integrated Solutions SMCI 1.0 Components & Subsystems SMCI 2.0 Servers & Storage Systems SMCI 3.0 Total Rack Scale Solutions SMCI 4.0 Data Center Building Block Solutions FY95 FY00 FY05 FY10 FY15 FY20 FY26
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DCBBS: One-Stop Shop for Total IT/AI Needs Accelerate Everything © 2026 Supermicro5 Rack-Scale PnP Solutions Based on application optimized AI Server/Storage BBS Network Solutions Switching, routing, cabling, virtualization, network management and security DC Infrastructure Solutions CDU, water tower, dry-towers, chilled doors, A/C, piping, modular containers and more… Software Solutions DC management, control disaggregated infrastructure, security, optimized TCO Service Solutions End-to-End On-Site Deployment, Lv2 Service, +99.9% Up-Time From GW to Container DC
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• Supports cooling capacity to 250kW • Redundant pump design • Integration with EIA and OPC racks • Supports cooling capacity 50 to 80kW • Intelligent control and anti- condensation system • Supports cooling capacity 1to 50MW • Low maintenance close looped design • Water and Dry Tower options • Provides up to 33kW per shelf • Power solutions for direct current • Available in standard 19” and 21” (ORv3) rack design • Provides direct current back up power to ensure safety and continued operation • Standby generators provide fast-start, high step-load acceptance with native paralleling and seamless automatic transfer switch integration • Planning and Validation • Onsite Deployment • Onsite Support • Build/retrofit Service • 400G/800G solutions with DLC • Advanced entp SONiC & ONIE support • Open design with wide range of validated transceivers and cables • SuperCloud Composer for DCBBS • SuperCloud Automation Center • SuperCloud Developer Console • SuperCloud Director • Optimized airflow/thermal efficiency • Optimized cable management • Robust, enterprise-grade durability DCBBS Components Accelerate Everything © 2026 Supermicro6 Solutions to fully outfit liquid cooled AI factories and data centers Generator In - Rack CDU Rack Power Shelf Battery Back Up Cooling Tower Chilled Door Deployment/ Service Software Switches Deployed at World’s FIRST GigaWatt Datacenter
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Network Solutions Switching, routing, cabling, virtualization, network management and security Rack-Scale Plug-and-Play Solutions Based on application optimized system building blocks GPU/CPU/Storage DCBBS Hardware Value Accelerate Everything © 2026 Supermicro7 Infrastructure Solutions CDU, water cooling tower, dry cooler, A/C, piping Time-To-Online (TTO) & Up Time Service Pre-validated, application-optimized building blocks Factory-assembled and tested for fast deployment Repeatable, modular designs for scalable growth Maximized uptime with integrated infrastructure and service Container structure Validate loading, access, and serviceability so units ship pre-tested and scale as repeatable blocks Power distribution Integrate power shelve and BBUs; define capacity and redundancy at the container boundary Liquid Cooling Fully Integrate cold plates, CDUs, manifolds, and leak detection for a validated closed-loop Compute racks Deliver AI capacity; standardize rack integration. factory-assemble, and validate for plug-and-play deployment
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DCBBS Software Value Accelerate Everything © 2026 Supermicro8 SuperCloud Director Cloud Operations Monitor. Control and optimize infrastructure at scale SuperCloud Composer Datacenter Operations Design, configure and deploy AI infrastructure SuperCloud Automation Center Total Automation Automate deployment, provisioning and operations SuperCloud Developer Console AI Model Operations Tools and APIs for AI model deployment and management SuperCloud Software Ecosystem SuperCloud Operations (SOM) Cloud operations & orchestration SuperCloud Datacenter (SDM) Datacenter infrastructure managmenet SuperCloud (SCM) Supply chain & asset management 0 Key Outcomes for Customers Faster Deployment Reduce complexity and accelerate time to value Simplified Operations Manage complex infrastructure through a unified platform Higher Efficiency Optimize resource utilization and improve uptime Scalable for AI Growth Support large-scale, multi-site AI infrastructure
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DCBBS Service Value Accelerate Everything © 2026 Supermicro9 DEPLOYMENT SERVICES POST-DEPLOYMENT SERVICES 01 Plan & Design Solution planning Site readiness 02 Configure & Deploy Integration Installation & testing 03 Go-Live Validation Operational handover 04 Operate Monitoring Proactive support 05 Optimize Continuous improvement Performance tuning Essential Service Core Support for Reliable Operations • Capabilities Included • 8Hr System restore SLA • Reactive call home for critical failure • Onsite TAM MANDATORY RECOMMENDED PREMIUM Proactive Service AI-Powered Proactive Management • Capabilities Included • <4Hr system restore SLA • Proactive monitoring and intervention • SuperCloud Composer, Automation Center and Director • Onsite TAM and parts locker Premium Service Mission Critical – GPU Uptime Service • Capabilities Included • 99.9% uptime guarantee (with violation penalty) • Proactive call home service • SuperCloud Composer, Automation Center and Director • Onsite TAM, parts locker • Requires hot standby Service Level Solution Uptime (SLA)
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FY27 Rack Capacity Accelerate Everything © 2026 Supermicro10 Supports significantly higher revenue base than current levels 8,000+ Total Rack Capacity balanced across… 4,000* DLC & 4,000 AC Racks per month 240kW Racks volume expected in FY27 (500kW soon) 85+10MW total power capacity worldwide Enabling next-generation AI training and inference with scalable, rack-scale, energy- efficient infrastructure * Projected FY27 capacity
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Accelerate Everything © 2026 Supermicro11 High-Volume Manufacturing & Cost Optimization Scale-Driven Cost Efficiency • Silicon Valley Green Computing Park • Rack-Scale Integration (Liquid Cooling) • DCBBS, Enterprise and Cloud Services • Expanded with 8 New Buildings • APAC Science and Tech Center • Rack-Scale and DCBBS manufacturing • Supermicro Malaysia Campus • Subsystem and Rack-Scale Production online • Manufacturing Expansion Planning Underway • New Silicon Valley Campus • New Taiwan/Bade expansion • New Americas (Texas/Mexico) location • New Middle East location Expanding Global Manufacturing Footprint
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Accelerate Everything © 2026 Supermicro12 Q1FY27 QoQ YoY Revenue $19,946M +79% +298% Gross Margin (Non - GAAP)* 12.8% (480)bps 330bps Diluted Earnings Per Share (Non - GAAP)* $1.81 $0.11 $1.46 Cash Flow from Operations ($434M) ($1,181M) $484M *See Appendix for the reconciliations of these non - GAAP financial measures to their comparable GAAP measures. Non - GAAP financial measures should not be considered in isolation from, or as an alternative to, their comparable GAAP measures. Q1 FY2027 Highlights
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Accelerate Everything © 2026 Supermicro13 Q2 FY27 Outlook Revenue $ 19 . 5 B - $ 21 . 5 B GAAP diluted EPS $ 1 . 59 - $ 1 . 83 Non - GAAP diluted EPS $ 1 . 66 - $ 1 . 90 Full Year FY27 Outlook Revenue $ 72 B - $ 82 B Gross Margin 11 . 8 % - 12 . 2 % *The outlook for Q2 of fiscal year 2027 GAAP diluted net income per common share includes approximately $89 million in expect ed stock - based compensation expense, net of the related tax effects of $22 million, which are excluded from non - GAAP diluted net income per common share. Revenue & EPS Outlook
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APPENDIX Accelerate Everything © 2026 Supermicro
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GAAP to Non-GAAP Reconciliation (1 of 4) Accelerate Everything © 2026 Supermicro15
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GAAP to Non-GAAP Reconciliation (2 of 4) Accelerate Everything © 2026 Supermicro16
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GAAP to Non-GAAP Reconciliation (3 of 4) Accelerate Everything © 2026 Supermicro17
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GAAP to Non-GAAP Reconciliation (4 of 4) Accelerate Everything © 2026 Supermicro18
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