As of Q2'26 (2025-12-31), SMCI reported an EPS of 0.67 USD, with year-over-year EPS growth of 24.1%. This marks a notable recovery compared to the previous quarter, where EPS was 0.28 USD and YoY growth was 55.6%. Over the period from Q3'23 to Q2'26, SMCI's EPS has shown significant volatility, with peaks in Q3'24 (0.713 USD, 342.9% YoY growth) and Q2'24 (0.547 USD, 65.3% YoY growth), followed by sharp declines in Q1'25 and Q3'25. The YoY growth rate has fluctuated between strong positive surges and steep negative values, indicating an unstable earnings trend. Despite these swings, the latest quarters suggest a return to positive momentum, with both EPS and growth rates rebounding by the end of the period.