Financials · SANM

Sanmina Corporation (SANM) financials

For the twelve months ended Jun 27, 2026, Sanmina Corporation reported $12.76B of revenue and $308.13M of net income.

Revenue, TTM
$12.76B
Revenue growth, YoY
+58.6%
Net income, TTM
$308.13M
Net income growth, YoY
+18.9%
Net margin
2.4%
Free cash flow, TTM
$594.15M
EPS, diluted, TTM
$5.59
EPS growth, YoY
+19.7%
Cash
$1.84B
Total debt
$2.17B
P/E
23.43
P/S
0.57
Market cap
$7.22B
Annual revenue$8.13B
FY2016FY2025
Annual net income$245.89M
FY2016FY2025
Annual free cash flow$473.30M
FY2016FY2025

SANM revenue and earnings growth

SANM revenueQ3 2026$3.46B

Quarter YoY
+69.7%
QoQ
-13.7%
FY YoY
+7.4%
5Y CAGR
+3.2%
10Y CAGR
+2.5%

SANM revenue was $3.46B in fiscal Q3 2026 (ended Jun 27, 2026), up 69.7% from a year earlier and down 13.7% from the prior quarter. For the full fiscal 2025 it was $8.13B, up 7.4% from fiscal 2024. Compound annual growth was +3.2% over 5 years and +2.5% over 10 years. It rose in 7 of the last 10 fiscal years.

SANM net incomeQ3 2026$117.13M

Quarter YoY
+70.7%
QoQ
+25.1%
FY YoY
+10.5%
5Y CAGR
+13.0%
10Y CAGR
-4.2%

SANM net income was $117.13M in fiscal Q3 2026 (ended Jun 27, 2026), up 70.7% from a year earlier and up 25.1% from the prior quarter. For the full fiscal 2025 it was $245.89M, up 10.5% from fiscal 2024. Compound annual growth was +13.0% over 5 years and -4.2% over 10 years. It rose in 3 of the last 6 fiscal years.

SANM EPSQ3 2026$2.12

Quarter YoY
+68.3%
QoQ
+24.7%
FY YoY
+14.1%
5Y CAGR
+18.9%
10Y CAGR
+0.1%

SANM diluted EPS was $2.12 in fiscal Q3 2026 (ended Jun 27, 2026), up 68.3% from a year earlier and up 24.7% from the prior quarter. For the full fiscal 2025 it was $4.46, up 14.1% from fiscal 2024. Compound annual growth was +18.9% over 5 years and +0.1% over 10 years.

SANM free cash flowQ3 2026$23.60M

Quarter YoY
-85.6%
QoQ
-93.1%
FY YoY
+106.7%
5Y CAGR
+15.1%
10Y CAGR
+23.8%

SANM free cash flow was $23.60M in fiscal Q3 2026 (ended Jun 27, 2026), down 85.6% from a year earlier and down 93.1% from the prior quarter. For the full fiscal 2025 it was $473.30M, up 106.7% from fiscal 2024. Compound annual growth was +15.1% over 5 years and +23.8% over 10 years. It rose in 5 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

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Income statement

Income statement
Line item
Sep 27, 2025
Sep 28, 2024
Sep 30, 2023
Oct 1, 2022
Oct 2, 2021
Oct 3, 2020
Sep 28, 2019
Sep 29, 2018
Sep 30, 2017
Oct 1, 2016
Revenue$8.13B$7.57B$8.94B$7.92B$6.74B$6.95B$8.23B$7.11B$6.87B$6.48B
Cost of revenue$7.41B$6.93B$8.19B$7.30B$6.21B$6.43B$7.64B$6.65B$6.35B$5.97B
Gross profit$716.36M$640.43M$743.21M$622.21M$526.44M$517.16M$591.94M$463.78M$519.91M$514.28M
Research and development$31.09M$28.51M$26.43M$21.34M$20.91M$22.56M$27.55M$30.75M$33.72M$37.75M
Selling, general and admin$290.22M$266.19M$255.07M$244.57M$234.54M$240.93M$260.03M$250.92M$251.57M$244.60M
Operating income$354.57M$335.49M$455.66M$349.48M$255.94M$219.14M$286.12M$119.44M$226.47M$224.78M
Interest expense$20.15M$29.18M$36.29M$22.47M$19.55M$28.90M$30.76M$27.73M$21.93M$24.91M
Pre-tax income$339.43M$317.54M$412.81M$302.32M$281.64M$192.22M$245.62M$97.54M$213.48M$204.62M
Income tax$73.17M$79.78M$85.29M$61.94M$32.09M$59.05M$104.10M$193.07M$74.65M$16.78M
Net income$245.89M$222.54M$309.97M$240.38M$249.55M$133.17M$141.51M-$95.53M$138.83M$187.84M
EPS, basic$4.56$4.00$5.36$3.92$3.82$1.93$2.05-$1.37$1.86$2.50
EPS, diluted$4.46$3.91$5.18$3.81$3.72$1.88$1.97-$1.37$1.78$2.38
Diluted shares55.2M57.0M59.8M63.1M67.1M70.8M71.7M69.8M78.1M78.8M

Balance sheet

Balance sheet
Line item
Sep 27, 2025
Sep 28, 2024
Sep 30, 2023
Oct 1, 2022
Oct 2, 2021
Oct 3, 2020
Sep 28, 2019
Sep 29, 2018
Sep 30, 2017
Oct 1, 2016
Cash and equivalents$926.27M$625.86M$667.57M$529.86M$650.03M$480.53M$454.74M$419.53M$406.66M$398.29M
Inventory$1.99B$1.44B$1.48B$1.68B$1.04B$861.28M$900.56M$1.37B$1.05B$946.24M
Current assets$4.87B$3.87B$3.88B$3.89B$3.27B$2.82B$2.92B$3.01B$2.62B$2.38B
Goodwill$30.39M-----$28.52M$28.52M$59.13M$59.13M
Total assets$5.86B$4.82B$4.87B$4.84B$4.20B$3.77B$3.91B$4.09B$3.85B$3.63B
Current liabilities$2.82B$1.94B$2.03B$2.47B$1.79B$1.52B$1.68B$2.40B$1.62B$1.40B
Short-term debt$17.50M$17.50M$25.95M$17.50M$18.75M$18.75M$38.35M$593.32M$88.42M$28.42M
Long-term debt$282.97M$299.82M$312.33M$329.24M$311.57M$329.25M$346.97M$14.35M$391.45M$434.06M
Total debt$300.47M$317.32M$338.27M$346.74M$330.32M$348.00M$385.32M$607.67M$479.86M$462.48M
Total liabilities$3.32B$2.46B$2.56B$3.02B$2.35B$2.15B----
Shareholders' equity$2.54B$2.36B$2.32B$1.82B$1.85B$1.62B$1.65B$1.47B$1.65B$1.61B

Cash flow

Cash flow
Line item
Sep 27, 2025
Sep 28, 2024
Sep 30, 2023
Oct 1, 2022
Oct 2, 2021
Oct 3, 2020
Sep 28, 2019
Sep 29, 2018
Sep 30, 2017
Oct 1, 2016
Operating cash flow$620.66M$340.22M$235.17M$330.85M$338.34M$300.56M$382.96M$156.42M$250.96M$390.12M
Capital expenditures$147.36M$111.23M$191.37M$138.64M$73.30M$65.98M$134.67M$118.88M$111.83M$120.40M
Free cash flow$473.30M$228.99M$43.80M$192.22M$265.05M$234.57M$248.29M$37.54M$139.13M$269.72M
Investing cash flow-$108.21M-$114.40M-$192.46M-$132.21M-$91.33M-$64.41M-$127.64M-$116.18M-$107.90M-$174.54M
Financing cash flow-$173.84M-$269.71M$94.50M-$314.30M-$77.32M-$210.28M-$220.22M-$28.34M-$135.49M-$231.42M
Share repurchases---$331.10M$64.06M$179.03M$12.61M$157.63M$176.94M$142.25M
Stock-based compensation$63.40M$57.41M$50.40M$39.61M$34.98M$26.23M$30.84M$32.83M$37.92M$26.91M
Depreciation and amortization$119.47M$122.42M$118.24M$108.78M$109.66M$114.22M$116.95M$118.82M$118.75M$111.91M

Key ratios

Key ratios
Line item
Sep 27, 2025
Sep 28, 2024
Sep 30, 2023
Oct 1, 2022
Oct 2, 2021
Oct 3, 2020
Sep 28, 2019
Sep 29, 2018
Sep 30, 2017
Oct 1, 2016
Revenue growth, YoY7.4%-15.3%12.8%17.5%-3.0%-15.6%15.8%3.5%6.0%1.7%
Net income growth, YoY10.5%-28.2%28.9%-3.7%87.4%-5.9%---26.1%-50.2%
EPS growth, YoY14.1%-24.5%36.0%2.4%97.9%-4.6%---25.2%-46.0%
Gross margin8.8%8.5%8.3%7.9%7.8%7.4%7.2%6.5%7.6%7.9%
Operating margin4.4%4.4%5.1%4.4%3.8%3.2%3.5%1.7%3.3%3.5%
Net margin3.0%2.9%3.5%3.0%3.7%1.9%1.7%-1.3%2.0%2.9%
Free cash flow margin5.8%3.0%0.5%2.4%3.9%3.4%3.0%0.5%2.0%4.2%
Return on equity9.7%9.4%13.4%13.2%13.5%8.2%8.6%-6.5%8.4%11.7%
Return on assets4.2%4.6%6.4%5.0%5.9%3.5%3.6%-2.3%3.6%5.2%
Current ratio1.721.991.911.571.831.851.741.261.621.70
Debt to equity0.120.130.150.190.180.210.230.410.290.29

Source: XBRL data Sanmina Corporation files with the SEC, latest filing dated Jul 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SANM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SANM$12.76B+58.6%$308.13M2.4%$7.22B
APH$33.05B+57.6%$5.93B18.0%$184.17B
TER$5.00B+74.9%$1.37B27.5%$34.07B
VLTO$5.80B+6.4%$1.00B17.3%$28.47B
CLS$18.23B+61.6%$1.25B6.8%$26.06B
FLEX$30.95B+17.5%$1.04B3.4%$25.78B
JBL$35.95B+20.6%$1.04B2.9%$24.62B
HUBB$6.59B+16.0%$908.90M13.8%$22.69B
LFUS$2.76B+18.7%$37.79M1.4%$9.04B

SANM FAQ

9 questions
  • What is SANM revenue?
    Sanmina Corporation (SANM) reported $12.76B of revenue for the twelve months ended Jun 27, 2026. That is up 58.6% from the year before. Revenue for fiscal 2025 was $8.13B.
  • Is SANM profitable?
    Yes. Sanmina Corporation earned $308.13M in net income for the twelve months ended Jun 27, 2026, a net margin of 2.4%.
  • How much cash and debt does SANM have?
    Sanmina Corporation reported $1.84B in cash and cash equivalents and $2.17B of debt on its most recent balance sheet in SEC filings.
  • How fast is SANM revenue growing?
    Sanmina Corporation's revenue changed +7.4% in fiscal 2025, to $8.13B. Its compound annual growth rate was +3.2% over 5 years and +2.5% over 10 years.
  • What is SANM gross margin?
    Sanmina Corporation's gross profit was $1.15B on $12.76B of revenue for the twelve months ended Jun 27, 2026, a gross margin of 9.0%.
  • What is SANM free cash flow?
    Sanmina Corporation generated $594.15M of free cash flow for the twelve months ended Jun 27, 2026, which is operating cash flow of $901.06M less capital expenditures.
  • What is SANM earnings per share?
    Diluted earnings per share were $5.59 for the twelve months ended Jun 27, 2026, from SEC filings, restated for any stock split those filings show.
  • When did SANM last report financial results?
    The latest statements here come from Sanmina Corporation's 10-Q filed on Jul 27, 2026, covering the period ended Jun 27, 2026.
  • Where does this SANM financial data come from?
    Quantisnow builds these statements from the structured XBRL data Sanmina Corporation files with the SEC. It is provided for information only and is not investment advice.