Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Super Micro Computer Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Cash and cash equivalents	5,169,911)	2,536,101)	1,430,002)	2,088,718)	1,669,766)	2,115,476)	725,660)	543,156)	440,459)	362,801)	304,595)	238,268)	267,397)	247,424)	247,407)	270,047)	232,266)	177,894)	315,610)	300,089)	210,533)	300,859)	309,038)	239,300)
Accounts receivable, net of allowance for credit losses	2,203,942)	2,642,556)	3,059,510)	2,731,740)	2,737,331)	1,650,153)	1,502,971)	845,729)	1,148,259)	672,055)	768,167)	736,312)	834,513)	679,785)	497,431)	458,076)	463,834)	407,365)	323,021)	322,845)	403,745)	333,172)	360,172)	356,230)
Inventories	4,680,375)	3,870,243)	3,596,145)	4,930,623)	4,333,029)	4,124,587)	2,466,997)	2,052,805)	1,445,564)	1,540,419)	1,421,817)	1,736,055)	1,545,606)	1,588,542)	1,393,672)	1,184,573)	1,040,964)	903,903)	807,431)	773,856)	851,498)	866,226)	704,430)	685,231)
Prepaid expenses and other current assets	247,426)	464,689)	581,413)	100,503)	191,834)	173,716)	146,727)	129,144)	145,144)	139,900)	154,924)	169,245)	158,799)	162,964)	154,778)	124,259)	130,195)	150,488)	98,211)	82,731)	126,985)	148,102)	147,055)	139,570)
Current assets	12,301,654)	9,513,589)	8,667,070)	9,851,584)	8,931,960)	8,063,932)	4,842,355)	3,570,834)	3,179,426)	2,715,175)	2,649,503)	2,879,880)	2,806,315)	2,678,715)	2,293,288)	2,036,955)	1,867,259)	1,639,650)	1,544,273)	1,479,521)	1,592,761)	1,648,359)	1,520,695)	1,420,331)
Property, plant and equipment, net	504,488)	492,565)	477,492)	451,060)	414,008)	385,566)	297,102)	291,669)	290,240)	290,038)	289,255)	290,752)	285,972)	282,319)	280,282)	284,148)	274,713)	265,566)	255,406)	241,852)	233,785)	230,477)	220,551)	212,489)
Deferred income taxes, net	607,416)	481,216)	441,250)	411,723)	365,172)	330,248)	218,274)	185,675)	162,654)	148,558)	95,741)	89,155)	69,929)	66,518)	61,837)	63,269)	63,288)	57,624)	55,781)	55,122)	54,898)	45,562)	42,015)	41,711)
Other assets	604,871)	251,155)	142,536)	137,016)	114,952)	83,035)	47,269)	47,786)	42,409)	38,833)	40,443)	41,496)	42,861)	43,625)	41,195)	42,321)	36,704)	36,000)	38,612)	40,198)	37,202)	35,838)	23,778)	26,742)
Non-current assets	1,716,775)	1,224,936)	1,061,278)	999,799)	894,132)	798,849)	562,645)	525,130)	495,303)	477,429)	425,439)	421,403)	398,762)	392,462)	383,314)	389,738)	374,705)	359,190)	349,799)	337,172)	325,885)	311,877)	286,344)	280,942)
Total assets	14,018,429)	10,738,525)	9,728,348)	10,851,383)	9,826,092)	8,862,781)	5,405,000)	4,095,964)	3,674,729)	3,192,604)	3,074,942)	3,301,283)	3,205,077)	3,071,177)	2,676,602)	2,426,693)	2,241,964)	1,998,840)	1,894,072)	1,816,693)	1,918,646)	1,960,236)	1,807,039)	1,701,273)

Cash and Cash Equivalents: The cash and cash equivalents balance exhibits notable volatility over the observed period. After reaching an initial peak near $309 million at the end of 2019, the figure declined sharply in mid-2020 to approximately $178 million but then recovered substantially, surging beyond $5 billion by mid-2025. This represents a significant accumulation of liquidity towards the latter part of the timeline, indicating improved cash generation or financing activities.
Accounts Receivable, Net: This item shows a general rising trajectory with intermittent fluctuations. Starting around $356 million in late 2019, it grew to over $2.7 billion by late 2024, before decreasing somewhat to $2.2 billion by mid-2025. The substantial increase suggests expanding sales or extended credit terms. However, the slight fall near the end could indicate a collection improvement or reduced credit sales.
Inventories: Inventories steadily increased from approximately $685 million at the end of 2019 to a peak of about $4.9 billion by late 2024. A drop followed this peak in 2025 before rising again at mid-2025. These trends may imply scaling production or stockpiling in anticipation of demand, with occasional corrections possibly due to inventory optimization efforts or demand variability.
Prepaid Expenses and Other Current Assets: This category reveals fluctuating values with no clear long-term trend. Starting from roughly $140 million, it somewhat declined toward mid-2020, then oscillated between $100 million and $190 million in subsequent periods. An unusual peak above $580 million in late 2024 reduces notably thereafter, suggesting temporary factors affecting prepaid items or adjustments in short-term assets.
Current Assets: Current assets steadily increased from around $1.42 billion in late 2019 to nearly $12.3 billion by mid-2025, demonstrating substantial growth in readily available resources. This strong upward movement aligns with the increases in cash, receivables, and inventory, underscoring expansion in operating scale and working capital.
Property, Plant and Equipment, Net: The net value of property, plant, and equipment rose gradually from just over $212 million to approximately $505 million by mid-2025. This slow but consistent growth indicates ongoing investment in fixed assets that support the business operations, though at a more moderate pace compared to current asset investments.
Deferred Income Taxes, Net: Deferred income taxes exhibit a steady uptrend, beginning near $42 million and accelerating rapidly after 2021 to exceed $600 million by mid-2025. This reflects increasing temporary differences and could be related to expanding profitability, timing differences in revenue recognition, or tax planning strategies.
Other Assets: Other assets show a gradual rise with some variability, moving from approximately $27 million to over $600 million by mid-2025. The sharp increase in the later periods suggests acquisition of intangible assets, investments, or other long-term resources contributing to the asset base.
Non-Current Assets: Non-current assets (including property, plant and equipment, deferred taxes, and other assets) grew consistently from about $281 million to $1.7 billion, particularly accelerating after 2021. This indicates intensified capital expenditure and asset capitalization, supporting strategic growth or expansion.
Total Assets: Total assets exhibit progressive expansion from $1.7 billion to over $14 billion through mid-2025. The most marked increases occur after 2021, predominantly driven by sharp rises in current assets. This overall asset growth reflects significant scaling of business operations, increased investment, and enhanced asset accumulation consistent with growth aspirations.

Assets: Selected Items

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Current Assets: Selected Items

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Super Micro Computer Inc. (NASDAQ:SMCI)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data