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Apple vs Super Micro Computer: revenue, profit, margins and growth compared

Apple brought in $416.2B of revenue in fiscal 2025, Super Micro Computer $39.1B in fiscal 2026. Revenue changed by +6.4% at Apple and +77.8% at Super Micro Computer on the year before, so Super Micro Computer grew faster. Apple kept 26.9% of its revenue as net profit, Super Micro Computer 5.7%. Free cash flow was $98.8B at Apple and -$7B at Super Micro Computer.

Side by side, latest fiscal year

AAPLSMCIP
Fiscal year endedFY2025 (September 27, 2025)FY2026 (June 30, 2026)
Revenue$416.2B$39.1B
Revenue growth+6.4%+77.8%
Net income$112B$2.2B
Net margin26.9%5.7%
Free cash flow$98.8B-$7B
Free cash flow margin23.7%-17.8%
Earnings per share (diluted)$7.46$3.26
Cash$35.9B$7.5B
Debt$90.7Bn/a
Price to earnings45.722.1
Market value$4.98T$43.4B
Dividend yield0.30%n/a
Rank by revenue in sector#1 of 530 · Technology#19 of 530 · Technology

Over the years

Revenue
AAPL FY2018: $265.6BAAPL FY2019: $260.2BAAPL FY2020: $274.5BAAPL FY2021: $365.8BAAPL FY2022: $394.3BAAPL FY2023: $383.3BAAPL FY2024: $391BAAPL FY2025: $416.2BSMCIP FY2019: $3.5BSMCIP FY2020: $3.3BSMCIP FY2021: $3.6BSMCIP FY2022: $5.2BSMCIP FY2023: $7.1BSMCIP FY2024: $15BSMCIP FY2025: $22BSMCIP FY2026: $39.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $416.2BSMCIP $39.1B
Net income
AAPL FY2018: $59.5BAAPL FY2019: $55.3BAAPL FY2020: $57.4BAAPL FY2021: $94.7BAAPL FY2022: $99.8BAAPL FY2023: $97BAAPL FY2024: $93.7BAAPL FY2025: $112BSMCIP FY2019: $71.9MSMCIP FY2020: $84.3MSMCIP FY2021: $111.9MSMCIP FY2022: $285.2MSMCIP FY2023: $640MSMCIP FY2024: $1.2BSMCIP FY2025: $1BSMCIP FY2026: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $112BSMCIP $2.2B
Net margin
AAPL FY2018: 22.4%AAPL FY2019: 21.2%AAPL FY2020: 20.9%AAPL FY2021: 25.9%AAPL FY2022: 25.3%AAPL FY2023: 25.3%AAPL FY2024: 24.0%AAPL FY2025: 26.9%SMCIP FY2019: 2.1%SMCIP FY2020: 2.5%SMCIP FY2021: 3.1%SMCIP FY2022: 5.5%SMCIP FY2023: 9.0%SMCIP FY2024: 7.7%SMCIP FY2025: 4.8%SMCIP FY2026: 5.7%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL 26.9%SMCIP 5.7%
Revenue growth
AAPL FY2019: -2.0%AAPL FY2020: +5.5%AAPL FY2021: +33.3%AAPL FY2022: +7.8%AAPL FY2023: -2.8%AAPL FY2024: +2.0%AAPL FY2025: +6.4%SMCIP FY2020: -4.6%SMCIP FY2021: +6.5%SMCIP FY2022: +46.1%SMCIP FY2023: +37.1%SMCIP FY2024: +110.4%SMCIP FY2025: +46.6%SMCIP FY2026: +77.8%FY19FY20FY21FY22FY23FY24FY25FY26
AAPL +6.4%SMCIP +77.8%
Free cash flow
AAPL FY2018: $64.1BAAPL FY2019: $58.9BAAPL FY2020: $73.4BAAPL FY2021: $93BAAPL FY2022: $111.4BAAPL FY2023: $99.6BAAPL FY2024: $108.8BAAPL FY2025: $98.8BSMCIP FY2019: $237.7MSMCIP FY2020: -$74.7MSMCIP FY2021: $64.9MSMCIP FY2022: -$486MSMCIP FY2023: $626.8MSMCIP FY2024: -$2.6BSMCIP FY2025: $1.5BSMCIP FY2026: -$7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAPL $98.8BSMCIP -$7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Apple and Super Micro Computer

Which is bigger by revenue, Apple or Super Micro Computer?

Apple is bigger by revenue: $416.2B in fiscal 2025, against $39.1B for Super Micro Computer in fiscal 2026.

Which keeps more of its revenue as profit, Apple or Super Micro Computer?

Apple had a net margin of 26.9% in fiscal 2025; Super Micro Computer had 5.7% in fiscal 2026.

Which grew revenue faster, Apple or Super Micro Computer?

In their latest fiscal years revenue changed by +6.4% at Apple and +77.8% at Super Micro Computer.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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