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

Super Micro Computer brought in $39.1B of revenue in fiscal 2026, Zepp Health $258.9M in fiscal 2025. Revenue changed by +77.8% at Super Micro Computer and +41.8% at Zepp Health on the year before, so Super Micro Computer grew faster. Super Micro Computer kept 5.7% of its revenue as net profit, Zepp Health -15.5%. Free cash flow was -$7B at Super Micro Computer and -$26.2M at Zepp Health.

Side by side, latest fiscal year

SMCIZEPP
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$39.1B$258.9M
Revenue growth+77.8%+41.8%
Net income$2.2B-$40.1M
Net margin5.7%-15.5%
Free cash flow-$7B-$26.2M
Free cash flow margin-17.8%-10.1%
Earnings per share (diluted)$3.26-$0.16
Cash$7.5B$57M
Debtn/a$59.5M
Price to earnings12.9n/a
Market value$25.3B$57M
Dividend yieldn/an/a
Rank by revenue in sector#19 of 731 · Technology#384 of 731 · Technology

Over the years

Revenue
SMCI FY2019: $3.5BSMCI FY2020: $3.3BSMCI FY2021: $3.6BSMCI FY2022: $5.2BSMCI FY2023: $7.1BSMCI FY2024: $15BSMCI FY2025: $22BSMCI FY2026: $39.1BZEPP FY2018: $530.2MZEPP FY2019: $834.9MZEPP FY2020: $986MZEPP FY2021: $980.8MZEPP FY2022: $613.6MZEPP FY2023: $352.9MZEPP FY2024: $182.6MZEPP FY2025: $258.9MFY18FY19FY20FY21FY22FY23FY24FY25FY26
SMCI $39.1BZEPP $258.9M
Net income
SMCI FY2019: $71.9MSMCI FY2020: $84.3MSMCI FY2021: $111.9MSMCI FY2022: $285.2MSMCI FY2023: $640MSMCI FY2024: $1.2BSMCI FY2025: $1BSMCI FY2026: $2.2BZEPP FY2018: $49.5MZEPP FY2019: $82.6MZEPP FY2020: $35.1MZEPP FY2021: $21.6MZEPP FY2022: -$43.2MZEPP FY2023: -$31MZEPP FY2024: -$75.7MZEPP FY2025: -$40.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
SMCI $2.2BZEPP -$40.1M
Net margin
SMCI FY2019: 2.1%SMCI FY2020: 2.5%SMCI FY2021: 3.1%SMCI FY2022: 5.5%SMCI FY2023: 9.0%SMCI FY2024: 7.7%SMCI FY2025: 4.8%SMCI FY2026: 5.7%ZEPP FY2018: 9.3%ZEPP FY2019: 9.9%ZEPP FY2020: 3.6%ZEPP FY2021: 2.2%ZEPP FY2022: -7.0%ZEPP FY2023: -8.8%ZEPP FY2024: -41.5%ZEPP FY2025: -15.5%FY18FY19FY20FY21FY22FY23FY24FY25FY26
SMCI 5.7%ZEPP -15.5%
Revenue growth
SMCI FY2020: -4.6%SMCI FY2021: +6.5%SMCI FY2022: +46.1%SMCI FY2023: +37.1%SMCI FY2024: +110.4%SMCI FY2025: +46.6%SMCI FY2026: +77.8%ZEPP FY2019: +57.5%ZEPP FY2020: +18.1%ZEPP FY2021: -0.5%ZEPP FY2022: -37.4%ZEPP FY2023: -42.5%ZEPP FY2024: -48.3%ZEPP FY2025: +41.8%FY19FY20FY21FY22FY23FY24FY25FY26
SMCI +77.8%ZEPP +41.8%
Free cash flow
SMCI FY2019: $237.7MSMCI FY2020: -$74.7MSMCI FY2021: $64.9MSMCI FY2022: -$486MSMCI FY2023: $626.8MSMCI FY2024: -$2.6BSMCI FY2025: $1.5BSMCI FY2026: -$7BZEPP FY2018: $100.4MZEPP FY2019: $56.6MZEPP FY2020: $11.3MZEPP FY2021: -$43.7MZEPP FY2022: -$118.3MZEPP FY2023: $41MZEPP FY2024: -$25.8MZEPP FY2025: -$26.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
SMCI -$7BZEPP -$26.2M

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

Questions about Super Micro Computer and Zepp Health

Which is bigger by revenue, Super Micro Computer or Zepp Health?

Super Micro Computer is bigger by revenue: $39.1B in fiscal 2026, against $258.9M for Zepp Health in fiscal 2025.

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

Super Micro Computer had a net margin of 5.7% in fiscal 2026; Zepp Health had -15.5% in fiscal 2025.

Which grew revenue faster, Super Micro Computer or Zepp Health?

In their latest fiscal years revenue changed by +77.8% at Super Micro Computer and +41.8% at Zepp Health.

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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