Slide 1: Fiscal Q3 2025 Results
Fiscal Q3 2025 Results May 6, 2025 Better Faster Greener © 2025 Supermicro
Slide 2: Disclosures
DISCLOSURES Cautionary Statement Regarding Forward Looking Statements Statements contained in this press release 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. Thes
Slide 3: CEO Takeaways
CEO TAKEAWAYS Next Generation Product Leadership • First to ship latest gen AI products including Supermicro NVIDIA B200/GB200 in volume, TTM leadership • AI Performance Leadership Supermicro NVIDIA HGX B200 Systems demonstrate best Inference v5.0 results on MLPerf® • Added a Portfolio of Supermicro
Slide 4: Growth Trajectory
GROWTH TRAJECTORY SMCI vs IT Industry (YoY%) Annual Revenue SMCI 3.0 Total IT Solutions SMCI 2.0 Servers & Storage Systems SMCI 1.0 Components & Subsystems 2018 2019 2020 2021 2022 2023 2024 2025 1993 Today COVID19 Global AI Boom Tariff Shortage Industry Average Supermicro Sub-System Complete System
Slide 5: Datacenter Building Blocks
DATACENTER BUILDING BLOCKS Supermicro 4.0 2025 & BEYOND Rack-Scale PnP Network Solutions Solutions Switching, routing, cabling, Based on application optimized virtualization, network system building blocks management and security Software Solutions Infrastructure Solutions DC management, control CDU
Slide 6: Total Liquid Cooling Solutions
TOTAL LIQUID COOLING SOLUTIONS Solution Testing & On-site Service Liquid- Cooling Cooling Cooling Integration Validation Deployment Management Cooled Distribution Manifold & Tower Systems Unit Cold Plate 6 Accelerate Everything © 2025 Supermicro
Slide 7: Rack-Scale PnP 2025
RACK-SCALE PnP 2025 OPTIMIZED AIR & DLC RACK-SCALE SOLUTIONS 5,000 Racks per month production NOW 2,000+ DLC Racks per month 150kW Racks ship in volume (250, 500kW soon) 20MW Facilities today (30MW online soon) 30% Powering the most powerful AI training/Inference clusters in the world – xAI, Corewea
Slide 8: Expanding Global Manufacturing Footprint
EXPANDING GLOBAL MANUFACTURING FOOTPRINT Production scale and cost optimization Economy of Scale and Cost • Silicon Valley Green Computing Park B20, B23, B81 • Rack-Scale Integration (Liquid Cooling) • Datacenter BBS and Cloud Services • APAC Science and Tech Center B62, B71,B72, B73 • New land unde
Slide 9: Q3 FY2025 Highlights
Q3 FY2025 HIGHLIGHTS Q3FY25 QoQ YoY Revenue $4,600M (19%) 19% Gross Margin (Non-GAAP) 9.7% (220)bps (590)bps Earnings Per Share (Non-GAAP) $0.31 ($0.28) ($0.35) Cash Flow from Operations $627M $867M $2,140M Mix Server and Storage Systems $4,459M (19%) 21% Subsystems & Accessories $141M (26%) (7%) A
Slide 10: Revenue & EPS Outlook
REVENUE & EPS OUTLOOK Q4 FY25 outlook Full Year FY25 Outlook Revenue $5.6B to $6.4B Revenue $21.8B to $22.6B GAAP diluted net EPS $0.30 to $0.40 Non-GAAP diluted net EPS $0.40 to $0.50 *The outlook for Q4 of fiscal year 2025 GAAP diluted net income per common share includes approximately $63 million
Slide 11: Appendix
APPENDIX Better Faster Greener © 2025 Supermicro
Slide 12: GAAP to Non-GAAP Reconciliation (1 of 4)
GAAP TO NON-GAAP RECONCILIATION (1 OF 4) Reconciliation of GAAP Net Income to Adjusted EBITDA: Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 GAAP Net Income $ 156,995 $ 295,968 $ 402,459 $ 297,244 $ 424,327 $ 320,596 $ 108,777 Interest expense 1,863 8,131 6,246 3,112 17,354 6,535 13,402 In
Slide 13: GAAP to Non-GAAP Reconciliation (2 of 4)
GAAP TO NON-GAAP RECONCILIATION (2 OF 4) Reconciliation of GAAP to Non-GAAP Operating Expenses: Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 GAAP Operating Expenses $ 181,181 $ 192,858 $ 219,054 $ 257,543 $ 266,381 $ 301,398 $ 293,438 Adjustments to operating expenses GAAP R&D operating e
Slide 14: GAAP to Non-GAAP Reconciliation (3 of 4)
GAAP TO NON-GAAP RECONCILIATION (3 OF 4) Reconciliation of GAAP to Non-GAAP Net Income: Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 GAAP net income $ 156,995 $ 295,968 $ 402,459 $ 297,244 $ 424,327 $ 320,596 $ 108,777 Adjustments related to stock- - - - - - - - based compensation: Cost o
Slide 15: GAAP to Non-GAAP Reconciliation (4 of 4)
GAAP TO NON-GAAP RECONCILIATION (4 OF 4) Reconciliation of GAAP to Non-GAAP EPS: Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 GAAP Net Income per common share - $ 0.30 $ 0.55 $ 0.71 $ 0.51 $ 0.72 $ 0.54 $ 0.18 basic Adjustments to GAAP: Stock-based compensation - basic 0.11 0.08 0.10 0.13
Slide 16: www.supermicro.com
Wwww.supermicro.com