Stock Analysis on Net
Stock Analysis on Net

Super Micro Computer Inc. (NASDAQ:SMCI)

Common-Size Income Statement

Super Micro Computer Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -86.25 -81.99 -84.60 -84.97 -84.24 -85.84
Gross profit 13.75% 18.01% 15.40% 15.03% 15.76% 14.16%
Research and development -3.09 -4.31 -5.24 -6.31 -6.63 -5.14
Sales and marketing -1.27 -1.61 -1.73 -2.41 -2.55 -2.20
General and administrative -1.32 -1.40 -1.97 -2.83 -4.01 -4.03
Operating expenses -5.67% -7.33% -8.95% -11.54% -13.19% -11.38%
Income from operations 8.08% 10.68% 6.45% 3.48% 2.57% 2.78%
Other income (expense), net 0.15 0.05 0.16 -0.08 0.04 -0.03
Interest expense -0.13 -0.15 -0.12 -0.07 -0.07 -0.19
Income before income tax provision 8.10% 10.59% 6.48% 3.33% 2.54% 2.56%
Income tax provision -0.42 -1.55 -1.02 -0.19 -0.09 -0.43
Share of income (loss) from equity investee, net of taxes 0.01 -0.05 0.02 0.00 0.07 -0.08
Net income 7.69% 8.98% 5.49% 3.14% 2.52% 2.05%

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Super Micro Computer Inc. income from operations as a percentage of net sales increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Income before income tax provision Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Super Micro Computer Inc. income before income tax provision as a percentage of net sales increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Super Micro Computer Inc. net income as a percentage of net sales increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.