Supermicro FY2024 Financial Overview
GAAP TO NON-GAAP RECONCILIATION (1 OF 2)
In Thousands (except per share amounts)
FY2023
FY2024
Q2'23
Dec-22
Q3'23
Mar-23
Q4'23
Jun-23
Q1'24
Sep-23
Q2'24
Dec-23
Consolidated Statement of Operations
Net Sales
GAAP GROSS PROFIT
Stock-based compensation
NON-GAAP GROSS PROFIT
GAAP GROSS MARGIN
Stock-based compensation
NON-GAAP GROSS MARGIN
OPERATING EXPENSE
GAAP R&D
Stock-based compensation
NON-GAAP R&D
GAAP S&M
$ 1,803,195 $ 1,283,296 $ 2,184,861 $ 2,119,672 $ 3,664,924
$
$
337,422 $ 226,359 $
1,486
338,908 $
1,215
227,574 $
371,696 $
989
372,685 $
353,691 $ 564,322
5,904
359,595 $
3,555
567,877
18.7%
17.6%
17.0%
16.7%
15.4%
0.1%
0.1%
0.1%
0.3%
0.1%
18.8%
17.7%
17.1%
17.0%
15.5%
69
$
70,700 $
77,515 $
84,802 $
111,027 $
108,824
(9,334)
(8,097)
(7,187)
(35,710)
(25,439)
$
61,366 $
69,418 $
77,615 $
75,317 $
83,385
69
28,445 $
25,312 $
31,905 $
37,230 $
46,854
Stock-based compensation
NON-GAAP S&M
(1,448)
(1,214)
(1,128)
(5,665)
(4,340)
$
26,997 $
24,098 $
30,777 $
31,565 $
42,514
GAAP G&A
Stock-based compensation
Litigation recovery
NON-GAAP G&A
GAAP OPERATING EXPENSES
Stock-based compensation
Litigation recovery
NON-GAAP OPERATING EXPENSES
$
23,095 $
24,450 $
28,234 $
32,924 $
37,180
(4,713)
(3,126)
(3,482)
(10,100)
(9,727)
2,230
1,540
$
20,612 $
22,864 $
24,752 $
22,824 $
27,453
$
122,240 $
127,277 $
(15,495)
(12,437)
144,941
(11,797)
181,181 $
192,858
(51,475)
(39,506)
2,230
1,540
$
108,975 $
116,380 $
133,144 $
129,706 $
153,352
19
Better Faster Greener T
2023 Supermicro
SUPERMICRView entire presentation