SANMINA CORPSANMEarnings & Financial Report
Sanmina Corporation is an American electronics manufacturing services (EMS) provider headquartered in San Jose, California that serves original equipment manufacturers (OEMs) in communications and computer hardware fields. The firm has nearly 80 manufacturing sites, and is one of the world’s largest independent manufacturers of printed circuit boards and backplanes. As of 2022, it is ranked number 482 in the Fortune 500 list.
Revenue
$2.0B
Gross Profit
$171.3M
Operating Profit
$89.6M
Net Profit
$61.4M
Gross Margin
8.5%
Operating Margin
4.4%
Net Margin
3.0%
YoY Growth
-1.4%
EPS
$1.09
SANMINA CORP Q4 FY2024 Financial Summary
SANMINA CORP reported revenue of $2.0B (down 1.4% YoY) for Q4 FY2024, with a net profit of $61.4M (down 6.2% YoY) (3.0% margin). Cost of goods sold was $1.8B, operating expenses totaled $81.7M.
Key Financial Metrics
| Total Revenue | $2.0B |
|---|---|
| Net Profit | $61.4M |
| Gross Margin | 8.5% |
| Operating Margin | 4.4% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
SANMINA CORP Q4 FY2024 revenue of $2.0B breaks down across 2 segments, led by IMS at $1.6B (80.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| IMS | $1.6B | 80.7% |
| CPS Third Party Revenue | $401.6M | 19.9% |
SANMINA CORP Revenue by Segment — Quarterly Trend
SANMINA CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as IMS and CPS Third Party Revenue) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| IMS | — | — | $1.6B | $1.6B |
| CPS Third Party Revenue | $412.7M | $426.0M | $402.3M | $391.9M |
SANMINA CORP Annual Revenue by Year
SANMINA CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.1B |
| 2024 | $7.6B |
| 2023 | $8.9B |
| 2022 | $7.9B |
SANMINA CORP Quarterly Revenue & Net Profit History
SANMINA CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $3.2B | +59.0% | $49.3M | 1.5% |
| Q4 FY2025 | $2.1B | +3.9% | $48.1M | 2.3% |
| Q3 FY2025 | $2.0B | +10.9% | $68.6M | 3.4% |
| Q2 FY2025 | $2.0B | +8.1% | $64.2M | 3.2% |
| Q1 FY2025 | $2.0B | +7.0% | $65.0M | 3.2% |
| Q4 FY2024 | $2.0B | -1.4% | $61.4M | 3.0% |
| Q3 FY2024 | $1.8B | -16.6% | $51.6M | 2.8% |
| Q2 FY2024 | $1.8B | -20.9% | $52.5M | 2.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.83B | $1.84B | $2.02B | $2.01B | $1.98B | $2.04B | $2.10B | $3.19B |
| YoY Growth | -20.9% | -16.6% | -1.4% | 7.0% | 8.1% | 10.9% | 3.9% | 59.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.69B | $4.66B | $4.82B | $4.81B | $4.97B | $5.22B | $5.86B | $9.80B |
| Liabilities | $2.36B | $2.32B | $2.46B | $2.39B | $2.57B | $2.75B | $3.32B | N/A |
| Equity | $2.33B | $2.34B | $2.36B | $2.42B | $2.40B | $2.47B | $2.54B | $2.66B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $72.3M | $90.0M | $51.9M | $63.9M | $156.9M | $200.8M | $199.1M | $178.7M |