SMCI: 10-K Risk Factor Changes

2023 vs 2022  ·  SEC EDGAR  ·  2026-06-01
Other years: 2025 vs 2025 · 2025 vs 2023
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

3
New Risks
2
Removed
10
Modified
42
Unchanged
🟢 New in Current Filing We may be unable to secure additional financing on favorable terms, or at all, which in turn could impair the rate of our growth. 🔒
🟢 New in Current Filing The use of AI by our workforce may present risks to our business. 🔒
🟢 New in Current Filing Expectations relating to environmental, social and governance considerations expose us to potential liabilities, reputational harm and other unforeseen adverse effects on our business. 🔒
🔴 No Match in Current Filing The effects of the COVID-19 pandemic and other macroeconomic factors exacerbated by the COVID-19 pandemic adversely affected our business operations, financial condition and results of operations, and there are no assurances adverse effects will not continue. 🔒
🔴 No Match in Current Filing We incurred significant expenses related to the matters that led to the delay in the filing of our 2017 10-K and may incur additional expenses related to resulting litigation. 🔒
🟡 Modified Risks Related to Owning our Common Stock 🔒
🟡 Modified Our revenue and margins for a particular period are difficult to predict, and a shortfall in revenue or decline in margins may harm our operating results. 🔒
🟡 Modified We rely on a limited number of suppliers for certain components used to manufacture our products. 🔒
🟡 Modified We may not be able to successfully manage our business for growth and expansion. 🔒
🟡 Modified Our products may not be viewed as supporting climate change mitigation in the IT sector. 🔒
🟡 Modified Financial Risks 🔒
🟡 Modified If we do not successfully manage the expansion of our international manufacturing capacity and business operations, our business could be harmed. 🔒
🟡 Modified Our future effective income tax rates could be affected by changes in the relative mix of our operations and income among different geographic regions and by changes in domestic and foreign income tax laws, which could affect our future operating results, financial condition and cash flows. 🔒
🟡 Modified General Risks 🔒
🟡 Modified Future sales of shares by existing stockholders, including any shares that have vested or may in the future vest under the 2021 CEO Performance Award, could cause our stock price to decline. 🔒
15 changes in this historical filing

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