Sanmina Reports Fourth Quarter and Fiscal 2026 Financial Results

(NASDAQ: SANM) Sanmina Corporation reported financial results for the fourth quarter and fiscal year ended October 3, 2026, and provided its outlook for fiscal 2027. Fourth quarter fiscal 2026 revenue was $3.86 billion, with a GAAP operating margin of 6.0% and GAAP diluted EPS of $2.14. Non-GAAP operating margin for the quarter was 9.0% and non-GAAP diluted EPS was $4.43. Fiscal year 2026 revenue totaled $14.53 billion, with a GAAP operating margin of 4.7% and GAAP diluted EPS of $6.85. Non-GAAP operating margin for the year was 7.4% and non-GAAP diluted EPS was $13.28. Cash flow from operations was $242 million in Q4 and $944 million for the full year. Free cash flow was $83 million in Q4 and $541 million for fiscal 2026. The company repurchased $154 million of shares (0.8 million shares) in Q4 and $393 million (approximately 2.4 million shares) for the year. Q4 ending cash and cash equivalents were $1.68 billion. Net sales for Q4 were $3,858,022,000 and for the year were $14,525,002,000. Net income attributable to common shareholders was $117,960,000 in Q4 and $378,021,000 for the year. Basic EPS for Q4 was $2.20 and for the year was $7.00; diluted EPS for Q4 was $2.14 and for the year was $6.85. Non-GAAP net income attributable to common shareholders was $244,027,000 in Q4 and $733,005,000 for the year. Non-GAAP diluted EPS was $4.43 in Q4 and $13.28 for the year. Total assets at year-end were $10,739,730,000, with total liabilities and stockholders' equity matching this amount. Accounts receivable at year-end were $2,340,508,000, inventories were $3,609,268,000, and goodwill was $228,934,000. Accounts payable at year-end were $3,021,669,000, and long-term debt was $1,915,528,000. The company integrated the ZT Systems business during the year, strengthening its position in the Cloud and AI Infrastructure end market. Revenue grew 79%, non-GAAP operating profit increased 130%, and non-GAAP diluted EPS more than doubled compared to the prior year. For the first quarter of fiscal 2027, Sanmina projects revenue of $3.8 billion to $4.1 billion, non-GAAP operating margin of 7.0% to 7.5%, and non-GAAP diluted EPS of $3.50 to $3.85. For fiscal 2027, the company projects revenue of $17.5 billion to $19.5 billion, non-GAAP operating margin of 7.0% to 7.5%, and non-GAAP diluted EPS of $15.50 to $17.50. The company held a conference call on November 9, 2026, to discuss these results and outlook. Jure Sola, Chairman and CEO, stated that the company delivered strong broad-based growth, maintained a well-diversified portfolio, and generated strong cash flow to fund strategic investments. The company attributes its results to disciplined execution, robust financial management, and targeted diversification. The company defines free cash flow as net cash provided by operating activities less net purchases of property and equipment. Adjustments to non-GAAP results include stock compensation expense, amortization of inventory fair value adjustment, amortization of intangible assets, acquisition and integration costs, legal and other expenses, and restructuring. The company completed a $1,114,152,000 cash paid business acquisition during the year. Proceeds from long-term debt were $2,200,000,000. Net purchases of property, plant, and equipment were $403,267,000 for the year. The company repurchased $394,624,000 of common stock during the year. Cash provided by operating activities for the year was $944,094,000. The company ended the year with 55,202,000 weighted-average diluted shares outstanding.

Sanmina Reports Third Quarter Fiscal 2026 Financial Results

(NASDAQ: SANM) Sanmina Corporation reported financial results for the third quarter ended June 27, 2026, with revenue of $3.46 billion. The company achieved a GAAP operating margin of 6.4% and a GAAP diluted EPS of $2.12, while non-GAAP operating margin was 8.0% and non-GAAP diluted EPS was $3.31. Cash flow from operations was $124 million, free cash flow was $24 million, and ending cash and cash equivalents totaled $1.84 billion. For the fourth quarter fiscal 2026, Sanmina provided an outlook of revenue between $3.3 billion and $3.6 billion, non-GAAP operating margin of 7.5% to 8.0%, and non-GAAP diluted EPS of $3.05 to $3.35. The updated fiscal 2026 outlook projects revenue of $14.0 billion to $14.3 billion, non-GAAP operating margin of 6.85% to 7.25%, and non-GAAP diluted EPS of $11.90 to $12.20. The company secured more customer orders in both core Sanmina and ZT Systems, expanded capabilities, increased capacity, and made progress in achieving additional synergies through vertical integration. The company projects strong demand for fiscal 2027, with growth ramping throughout the year and into fiscal 2028.

SANMINA CORPORATION INVITES YOU TO JOIN ITS THIRD QUARTER FISCAL 2026 EARNINGS CONFERENCE CALL

(NASDAQ: SANM) Sanmina Corporation announced that it will host its third quarter fiscal 2026 earnings conference call on Monday, July 27, 2026 at 5:00 PM ET. The live webcast presentation and supporting materials will be available on the Sanmina website at www.sanmina.com in the Investor Relations section. A webcast replay will be available at the same location upon the conclusion of the event. Sanmina Corporation is described as a Fortune 500 company and a leading integrated manufacturing solutions provider serving the global Electronics Manufacturing Services (EMS) market. The company provides end-to-end manufacturing solutions to Original Equipment Manufacturers (OEMs) in the industrial and energy, medical, defense and aerospace, automotive and transportation, communications networks, and cloud and AI infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.

Sanmina Reports Second Quarter Fiscal 2026 Financial Results

Sanmina Corporation (NASDAQ: SANM) announced financial results for the second quarter ended March 28, 2026, reporting revenue of $4.01 billion, a GAAP operating margin of 3.9%, and GAAP diluted EPS of $1.70. The company also highlighted non-GAAP operating margin of 6.4% and non-GAAP diluted EPS of $3.16. The Board of Directors authorized a new $600 million share repurchase program after exhausting the prior program. For fiscal 2026, Sanmina expects revenue between $13.7 billion and $14.3 billion, with strong growth potential ahead. These results and outlook are significant for investors as they reflect strong operational performance, cash generation, and continued capital returns.