AAPL vs SMCI
Apple Inc. and Super Micro Computer, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AAPL | SMCI |
|---|---|---|
| Revenue | $416.2B | $39.1B |
| Net income | $112.0B | $2.2B |
| Gross margin | 46.9% | 10.8% |
| Net margin | 26.9% | 5.7% |
| Return on equity | 171.4% | 21.5% |
| Diluted EPS | $7.46 | $3.26 |
| Dividend / share | $1.02 | · |
| Payout ratio | 13.8% | · |
| Free cash flow | $98.8B | $-7.0B |
| Equity | $73.7B | $14.5B |
| Net debt / equity | 0.74× | · |
| Current ratio | 0.89× | 3.87× |
| Revenue CAGR 5y | 8.7% | 61.5% |
| Profit CAGR 5y | 14.3% | 81.9% |
AAPL bills 10.7× the revenue of SMCI, and keeps more of each dollar of revenue as profit (26.9% against 5.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AAPL | SMCI |
|---|---|---|
| FY2025 | $416.2B | $39.1B |
| FY2024 | $391.0B | $22.0B |
| FY2023 | $383.3B | $15.0B |
| FY2022 | $394.3B | $7.1B |
| FY2021 | $365.8B | $5.2B |
| FY2020 | $274.5B | $3.6B |
| FY2019 | $260.2B | $3.3B |
| FY2018 | $265.6B | $3.5B |
| FY2017 | $229.2B | $3.4B |
| FY2016 | $215.6B | $2.5B |
Bottom line
| Fiscal year | AAPL | SMCI |
|---|---|---|
| FY2025 | $112.0B | $2.2B |
| FY2024 | $93.7B | $1.0B |
| FY2023 | $97.0B | $1.2B |
| FY2022 | $99.8B | $640.0M |
| FY2021 | $94.7B | $285.2M |
| FY2020 | $57.4B | $111.9M |
| FY2019 | $55.3B | $84.3M |
| FY2018 | $59.5B | $71.9M |
| FY2017 | $48.4B | $46.2M |
| FY2016 | $45.7B | $66.9M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$377,097,928,000 | AAPL |
| FY2024 | +$369,062,958,000 | AAPL |
| FY2023 | +$368,295,749,000 | AAPL |
| FY2022 | +$387,204,518,000 | AAPL |
| FY2021 | +$360,620,901,000 | AAPL |
| FY2020 | +$270,957,578,000 | AAPL |
| FY2019 | +$256,834,719,000 | AAPL |
| FY2018 | +$262,094,640,000 | AAPL |
| FY2017 | +$225,873,508,000 | AAPL |
| FY2016 | +$213,154,071,000 | AAPL |
| FY2015 | +$231,489,978,000 | AAPL |
| FY2014 | +$180,840,647,000 | AAPL |
| FY2013 | +$169,442,798,000 | AAPL |
| FY2012 | +$155,345,439,000 | AAPL |
| FY2011 | +$107,235,126,000 | AAPL |
| FY2010 | +$64,282,418,000 | AAPL |
| FY2009 | +$42,183,562,000 | AAPL |
AAPL has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +21.2 pp | AAPL |
| FY2024 | +19.2 pp | AAPL |
| FY2023 | +17.6 pp | AAPL |
| FY2022 | +16.3 pp | AAPL |
| FY2021 | +20.4 pp | AAPL |
| FY2020 | +17.8 pp | AAPL |
| FY2019 | +18.7 pp | AAPL |
| FY2018 | +20.4 pp | AAPL |
| FY2017 | +19.7 pp | AAPL |
| FY2016 | +18.5 pp | AAPL |
| FY2015 | +19.6 pp | AAPL |
| FY2014 | +16.9 pp | AAPL |
| FY2013 | +18.0 pp | AAPL |
| FY2012 | +24.8 pp | AAPL |
| FY2011 | +21.0 pp | AAPL |
| FY2010 | +17.2 pp | AAPL |
| FY2009 | +15.5 pp | AAPL |
AAPL has kept the higher net margin in every one of these 17 fiscal years.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AAPL's net margin has been more volatile than SMCI's over the 17 comparable fiscal years — 2.2 percentage points of standard deviation against 2.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
AAPL led in net margin in every one of the 17 comparable fiscal years — a structural lead, not a recent swing.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AAPL's return on equity has been more volatile than SMCI's over the 17 comparable fiscal years — 56.7 percentage points of standard deviation against 8.6.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
AAPL led in return on equity in every one of the 17 comparable fiscal years — a structural lead, not a recent swing.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.