超微电脑 2025年度报告

Form 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2026or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from___________to___________Commission File Number 001-33383 Super Micro Computer, Inc. (Exact name of registrant as specified in its charter)______________________________________________________________________ Delaware 980 Rock AvenueSan Jose, CA 95131(Address of principal executive offices, including zip code)(408) 503-8000(Registrant’s telephone number, including area code)__________________________________________________________________________ Securities registered pursuant to Section12(b) of the Act: Trading SymbolSMCISMCIP Securities registered pursuant to section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☒No☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act)Yes☐No☒ The aggregate market value of the registrant’s common stock held by non-affiliates, based upon the closing price of the common stock on December31, 2025, as reported by the Nasdaq Global Select Market, was $15,104,749,459. Shares of common stock held by each executive officer and directorand by each person who owns 5% or more of the outstanding common stock, based on filings with the Securities and Exchange Commission, havebeen excluded since such persons may be deemed affiliates. This determination of affiliate status is not necessarily a conclusive determination forother purposes. As of July31, 2026, there were 656,965,384 shares of the registrant’s common stock, $0.001 par value, outstanding, which is the only class ofcommon stock of the registrant issued. None SUPER MICRO COMPUTER, INC. ANNUAL REPORT ON FORM 10-KFOR THE FISCAL YEAR ENDED JUNE 30, 2026 TABLE OF CONTENTS PagePART IItem1.Business1Item1A.Risk Factors12Item1B.Unresolved Staff Comments34Item1C.Cybersecurity35Item2.Properties36Item3.Legal Proceedings36Item4.Mine Safety Disclosures36PART IIItem5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities37Item6.[Reserved]39Item7.Management’s Discussion and Analysis of Financial Condition and Results of Operations40Item7A.Quantitative and Qualitative Disclosures About Market Risk54Item8.Financial Statements and Supplementary Data55Item9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure122Item9A.Controls and Procedures122Item9B.Other Information127Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections128PART IIIIt