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Supermicro Announces Fourth Quarter and Full Fiscal Year 2024 Financial Results August 6, 2024 SAN JOSE, Calif.--(BUSINESS WIRE)-- Super Micro Computer, Inc. (Nasdaq: SMCI) , a Total IT Solution Provider for AI, Cloud, Storage and 5G/Edge, today announced fourth quarter and full-year financial results for fiscal year 2024 ended June 30, 2024. Fourth Quarter of Fiscal Year 2024 Highlights Net sales of $5.31 billion versus $3.85 billion in the third quarter of fiscal year 2024 and $2.18 billion in the same quarter of last year. Gross margin of 11.2% versus 15.5% in the third quarter of fiscal year 2024 and 17.0% in the same quarter of last year. Net income of $353 million versus $402 million in the third quarter of fiscal year 2024 and $194 million in the same quarter of last year. Diluted net income per common share of $5.51 versus $6.56 in the third quarter of fiscal year 2024 and $3.43 in the same quarter of last year. Non-GAAP diluted net income per common share of $6.25 versus $6.65 in the third quarter of fiscal year 2024 and $3.51 in the same quarter of last year. Cash flow used in operations for the fourth quarter of fiscal year 2024 of $635 million and capital expenditures of $27 million. The Company’s Board of Directors has authorized a 10-for-1 forward split of its common stock and we expect trading to commence on a split-adjusted basis on October 1, 2024. Non-GAAP gross margin for the fourth

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