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Side-by-side financial comparison of Kimball Electronics, Inc. (KE) and SANMINA CORP (SANM). Click either name above to swap in a different company.

SANMINA CORP is the larger business by last-quarter revenue ($3.2B vs $341.3M, roughly 9.3× Kimball Electronics, Inc.). SANMINA CORP runs the higher net margin — 1.5% vs 1.1%, a 0.5% gap on every dollar of revenue. On growth, SANMINA CORP posted the faster year-over-year revenue change (59.0% vs -4.5%). SANMINA CORP produced more free cash flow last quarter ($91.9M vs $-11.2M). Over the past eight quarters, SANMINA CORP's revenue compounded faster (31.9% CAGR vs -10.4%).

Kimball International, Inc. is an American company which consists of furniture brands: Kimball, National, Interwoven, Etc., David Edward, D'Style and Kimball Hospitality. It is the successor to W.W. Kimball and Company, the world's largest piano and organ manufacturer at certain times in the 19th and 20th centuries.

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.

KE vs SANM — Head-to-Head

Bigger by revenue
SANM
SANM
9.3× larger
SANM
$3.2B
$341.3M
KE
Growing faster (revenue YoY)
SANM
SANM
+63.5% gap
SANM
59.0%
-4.5%
KE
Higher net margin
SANM
SANM
0.5% more per $
SANM
1.5%
1.1%
KE
More free cash flow
SANM
SANM
$103.1M more FCF
SANM
$91.9M
$-11.2M
KE
Faster 2-yr revenue CAGR
SANM
SANM
Annualised
SANM
31.9%
-10.4%
KE

Income Statement — Q2 2026 vs Q1 2026

Metric
KE
KE
SANM
SANM
Revenue
$341.3M
$3.2B
Net Profit
$3.6M
$49.3M
Gross Margin
8.2%
7.6%
Operating Margin
3.2%
2.3%
Net Margin
1.1%
1.5%
Revenue YoY
-4.5%
59.0%
Net Profit YoY
6.0%
-24.2%
EPS (diluted)
$0.15
$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
KE
KE
SANM
SANM
Q4 25
$341.3M
$3.2B
Q3 25
$365.6M
$2.1B
Q2 25
$380.5M
$2.0B
Q1 25
$374.6M
$2.0B
Q4 24
$357.4M
$2.0B
Q3 24
$374.3M
$2.0B
Q2 24
$430.2M
$1.8B
Q1 24
$425.0M
$1.8B
Net Profit
KE
KE
SANM
SANM
Q4 25
$3.6M
$49.3M
Q3 25
$10.1M
$48.1M
Q2 25
$6.6M
$68.6M
Q1 25
$3.8M
$64.2M
Q4 24
$3.4M
$65.0M
Q3 24
$3.2M
$61.4M
Q2 24
$7.5M
$51.6M
Q1 24
$-6.1M
$52.5M
Gross Margin
KE
KE
SANM
SANM
Q4 25
8.2%
7.6%
Q3 25
7.9%
9.1%
Q2 25
8.0%
8.9%
Q1 25
7.2%
8.9%
Q4 24
6.6%
8.4%
Q3 24
6.3%
8.5%
Q2 24
8.5%
8.3%
Q1 24
7.9%
8.4%
Operating Margin
KE
KE
SANM
SANM
Q4 25
3.2%
2.3%
Q3 25
4.0%
3.7%
Q2 25
4.3%
4.7%
Q1 25
3.1%
4.6%
Q4 24
2.3%
4.4%
Q3 24
2.4%
4.4%
Q2 24
4.6%
4.5%
Q1 24
-1.5%
4.1%
Net Margin
KE
KE
SANM
SANM
Q4 25
1.1%
1.5%
Q3 25
2.8%
2.3%
Q2 25
1.7%
3.4%
Q1 25
1.0%
3.2%
Q4 24
1.0%
3.2%
Q3 24
0.8%
3.0%
Q2 24
1.8%
2.8%
Q1 24
-1.4%
2.9%
EPS (diluted)
KE
KE
SANM
SANM
Q4 25
$0.15
$0.89
Q3 25
$0.40
$0.88
Q2 25
$0.27
$1.26
Q1 25
$0.15
$1.16
Q4 24
$0.14
$1.16
Q3 24
$0.12
$1.09
Q2 24
$0.29
$0.91
Q1 24
$-0.24
$0.93

Balance Sheet & Financial Strength

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

Metric
KE
KE
SANM
SANM
Cash + ST InvestmentsLiquidity on hand
$77.9M
$1.4B
Total DebtLower is stronger
$153.8M
$2.2B
Stockholders' EquityBook value
$579.2M
$2.7B
Total Assets
$1.1B
$9.8B
Debt / EquityLower = less leverage
0.27×
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KE
KE
SANM
SANM
Q4 25
$77.9M
$1.4B
Q3 25
$75.7M
$926.3M
Q2 25
$88.8M
$797.9M
Q1 25
$51.4M
$647.1M
Q4 24
$53.9M
$642.4M
Q3 24
$76.6M
$625.9M
Q2 24
$78.0M
$657.7M
Q1 24
$65.2M
$650.9M
Total Debt
KE
KE
SANM
SANM
Q4 25
$153.8M
$2.2B
Q3 25
$137.5M
$300.5M
Q2 25
$147.1M
Q1 25
$178.3M
Q4 24
$204.5M
Q3 24
Q2 24
$294.8M
Q1 24
Stockholders' Equity
KE
KE
SANM
SANM
Q4 25
$579.2M
$2.7B
Q3 25
$577.1M
$2.5B
Q2 25
$569.9M
$2.5B
Q1 25
$548.1M
$2.4B
Q4 24
$537.5M
$2.4B
Q3 24
$547.8M
$2.4B
Q2 24
$540.5M
$2.3B
Q1 24
$539.1M
$2.3B
Total Assets
KE
KE
SANM
SANM
Q4 25
$1.1B
$9.8B
Q3 25
$1.1B
$5.9B
Q2 25
$1.1B
$5.2B
Q1 25
$1.1B
$5.0B
Q4 24
$1.1B
$4.8B
Q3 24
$1.1B
$4.8B
Q2 24
$1.2B
$4.7B
Q1 24
$1.3B
$4.7B
Debt / Equity
KE
KE
SANM
SANM
Q4 25
0.27×
0.82×
Q3 25
0.24×
0.12×
Q2 25
0.26×
Q1 25
0.33×
Q4 24
0.38×
Q3 24
Q2 24
0.55×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
KE
KE
SANM
SANM
Operating Cash FlowLast quarter
$6.9M
$178.7M
Free Cash FlowOCF − Capex
$-11.2M
$91.9M
FCF MarginFCF / Revenue
-3.3%
2.9%
Capex IntensityCapex / Revenue
5.3%
2.7%
Cash ConversionOCF / Net Profit
1.89×
3.63×
TTM Free Cash FlowTrailing 4 quarters
$81.8M
$518.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KE
KE
SANM
SANM
Q4 25
$6.9M
$178.7M
Q3 25
$8.1M
$199.1M
Q2 25
$78.1M
$200.8M
Q1 25
$30.9M
$156.9M
Q4 24
$29.5M
$63.9M
Q3 24
$45.5M
$51.9M
Q2 24
$48.5M
$90.0M
Q1 24
$42.6M
$72.3M
Free Cash Flow
KE
KE
SANM
SANM
Q4 25
$-11.2M
$91.9M
Q3 25
$-2.5M
$136.6M
Q2 25
$68.4M
$163.7M
Q1 25
$27.0M
$126.1M
Q4 24
$23.1M
$46.9M
Q3 24
$32.1M
$27.2M
Q2 24
$39.5M
$67.2M
Q1 24
$30.0M
$42.7M
FCF Margin
KE
KE
SANM
SANM
Q4 25
-3.3%
2.9%
Q3 25
-0.7%
6.5%
Q2 25
18.0%
8.0%
Q1 25
7.2%
6.4%
Q4 24
6.5%
2.3%
Q3 24
8.6%
1.4%
Q2 24
9.2%
3.7%
Q1 24
7.1%
2.3%
Capex Intensity
KE
KE
SANM
SANM
Q4 25
5.3%
2.7%
Q3 25
2.9%
3.0%
Q2 25
2.5%
1.8%
Q1 25
1.0%
1.5%
Q4 24
1.8%
0.9%
Q3 24
3.6%
1.2%
Q2 24
2.1%
1.2%
Q1 24
3.0%
1.6%
Cash Conversion
KE
KE
SANM
SANM
Q4 25
1.89×
3.63×
Q3 25
0.80×
4.14×
Q2 25
11.86×
2.93×
Q1 25
8.11×
2.44×
Q4 24
8.58×
0.98×
Q3 24
14.42×
0.85×
Q2 24
6.43×
1.74×
Q1 24
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KE
KE

Automotive$162.3M48%
Medical$96.3M28%
Industrial$82.7M24%

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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