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Rankings/SMCI/Q4 2022 Analysis

Super Micro Computer

SMCI
Q4 2022(SMCI Q1 FY2023)Estimated15% AI
AI Revenue %
15%
AI Fair Value
$747.0M
AI Revenue (Q)
$192.5M
Total Revenue (Q)
$1.3B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q1 FY2023 (Sep 2022) revenue was $1,852M, up 79.3% YoY. The 10-Q describes SMCI as targeting 'enterprise data centers, cloud computing, artificial intelligence, 5G and edge computing' -- same markets as prior quarter. No AI-specific revenue disclosed. Single-segment reporting. The strong YoY growth was broad-based (driven by supply chain normalization and enterprise refresh cycles, not yet the AI boom which started post-ChatGPT launch in Nov 2022). Maintaining 15% AI estimate. ~$278M AI / $1,852M total = ~15%.
Analyzed by claude-opus-4-6

Quoted Figures

Net sales increased by 79.3% in the three months ended September 30, 2022 as compared to the three months ended September 30, 2021
10-Q Q1 FY2023, MD&A Financial Highlights
The Company operates in one operating segment that develops and provides high-performance server solutions
10-Q Q1 FY2023, Note 12 Segment Reporting

AI Products Identified (Ring 1)

GPU server systemsHPC server configurations

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Server Building Block Solutionsrack-scale solutions

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix
Super Micro Computer Q4 2022 AI Revenue Analysis | canar.ai