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Side-by-side financial comparison of CANADIAN IMPERIAL BANK OF COMMERCE (CM) and SANMINA CORP (SANM). Click either name above to swap in a different company.

CANADIAN IMPERIAL BANK OF COMMERCE is the larger business by last-quarter revenue ($6.1B vs $3.2B, roughly 1.9× SANMINA CORP). CANADIAN IMPERIAL BANK OF COMMERCE runs the higher net margin — 36.9% vs 1.5%, a 35.4% gap on every dollar of revenue.

The Imperial Bank of Canada was a Canadian bank that operated from 1873 to 1961. In 1961, Imperial merged with the Canadian Bank of Commerce to become the Canadian Imperial Bank of Commerce.

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.

CM vs SANM — Head-to-Head

Bigger by revenue
CM
CM
1.9× larger
CM
$6.1B
$3.2B
SANM
Higher net margin
CM
CM
35.4% more per $
CM
36.9%
1.5%
SANM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CM
CM
SANM
SANM
Revenue
$6.1B
$3.2B
Net Profit
$2.3B
$49.3M
Gross Margin
7.6%
Operating Margin
2.3%
Net Margin
36.9%
1.5%
Revenue YoY
59.0%
Net Profit YoY
-24.2%
EPS (diluted)
$0.89

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CM
CM
SANM
SANM
Q1 26
$6.1B
Q4 25
$3.2B
Q3 25
$5.3B
$2.1B
Q2 25
$5.1B
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.8B
Net Profit
CM
CM
SANM
SANM
Q1 26
$2.3B
Q4 25
$49.3M
Q3 25
$1.5B
$48.1M
Q2 25
$1.5B
$68.6M
Q1 25
$64.2M
Q4 24
$65.0M
Q3 24
$61.4M
Q2 24
$51.6M
Gross Margin
CM
CM
SANM
SANM
Q1 26
Q4 25
7.6%
Q3 25
9.1%
Q2 25
8.9%
Q1 25
8.9%
Q4 24
8.4%
Q3 24
8.5%
Q2 24
8.3%
Operating Margin
CM
CM
SANM
SANM
Q1 26
Q4 25
2.3%
Q3 25
3.7%
Q2 25
4.7%
Q1 25
4.6%
Q4 24
4.4%
Q3 24
4.4%
Q2 24
4.5%
Net Margin
CM
CM
SANM
SANM
Q1 26
36.9%
Q4 25
1.5%
Q3 25
28.9%
2.3%
Q2 25
28.6%
3.4%
Q1 25
3.2%
Q4 24
3.2%
Q3 24
3.0%
Q2 24
2.8%
EPS (diluted)
CM
CM
SANM
SANM
Q1 26
Q4 25
$0.89
Q3 25
$0.88
Q2 25
$1.26
Q1 25
$1.16
Q4 24
$1.16
Q3 24
$1.09
Q2 24
$0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CM
CM
SANM
SANM
Cash + ST InvestmentsLiquidity on hand
$8.0B
$1.4B
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$47.9B
$2.7B
Total Assets
$826.8B
$9.8B
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CM
CM
SANM
SANM
Q1 26
$8.0B
Q4 25
$1.4B
Q3 25
$13.9B
$926.3M
Q2 25
$10.2B
$797.9M
Q1 25
$647.1M
Q4 24
$642.4M
Q3 24
$625.9M
Q2 24
$657.7M
Total Debt
CM
CM
SANM
SANM
Q1 26
Q4 25
$2.2B
Q3 25
$300.5M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
CM
CM
SANM
SANM
Q1 26
$47.9B
Q4 25
$2.7B
Q3 25
$45.9B
$2.5B
Q2 25
$45.2B
$2.5B
Q1 25
$2.4B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.3B
Total Assets
CM
CM
SANM
SANM
Q1 26
$826.8B
Q4 25
$9.8B
Q3 25
$804.6B
$5.9B
Q2 25
$795.8B
$5.2B
Q1 25
$5.0B
Q4 24
$4.8B
Q3 24
$4.8B
Q2 24
$4.7B
Debt / Equity
CM
CM
SANM
SANM
Q1 26
Q4 25
0.82×
Q3 25
0.12×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CM
CM
SANM
SANM
Operating Cash FlowLast quarter
$-1.6B
$178.7M
Free Cash FlowOCF − Capex
$91.9M
FCF MarginFCF / Revenue
2.9%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
-0.69×
3.63×
TTM Free Cash FlowTrailing 4 quarters
$518.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CM
CM
SANM
SANM
Q1 26
$-1.6B
Q4 25
$178.7M
Q3 25
$4.3B
$199.1M
Q2 25
$667.2M
$200.8M
Q1 25
$156.9M
Q4 24
$63.9M
Q3 24
$51.9M
Q2 24
$90.0M
Free Cash Flow
CM
CM
SANM
SANM
Q1 26
Q4 25
$91.9M
Q3 25
$136.6M
Q2 25
$163.7M
Q1 25
$126.1M
Q4 24
$46.9M
Q3 24
$27.2M
Q2 24
$67.2M
FCF Margin
CM
CM
SANM
SANM
Q1 26
Q4 25
2.9%
Q3 25
6.5%
Q2 25
8.0%
Q1 25
6.4%
Q4 24
2.3%
Q3 24
1.4%
Q2 24
3.7%
Capex Intensity
CM
CM
SANM
SANM
Q1 26
Q4 25
2.7%
Q3 25
3.0%
Q2 25
1.8%
Q1 25
1.5%
Q4 24
0.9%
Q3 24
1.2%
Q2 24
1.2%
Cash Conversion
CM
CM
SANM
SANM
Q1 26
-0.69×
Q4 25
3.63×
Q3 25
2.80×
4.14×
Q2 25
0.46×
2.93×
Q1 25
2.44×
Q4 24
0.98×
Q3 24
0.85×
Q2 24
1.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CM
CM

Segment breakdown not available.

SANM
SANM

Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation$1.2B38%
ZT Systems$1.1B34%
Other Segments CPS$434.3M14%
CPS Third Party Revenue$412.7M13%
Change In Accounting Method Accounted For As Change In Estimate$2.7M0%

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