Sanmina Corporation logo

Sanmina Corporation

SANM

NASDAQTechnologyHardware, Equipment & Parts

Previous close

$188.89

−$1.83 · -0.96%

Aug 21, 4:00 PM ET

Pre-market

$185

−$3.89 · -2.06%

Aug 24, 8:16 AM ET

SANM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

65

Undervalued

Momentum

38

Weakening

Sentiment

38

Bearish

Risk resilience

43

Elevated Risk

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Company profile

Company website

Sanmina Corporation delivers comprehensive manufacturing services, encompassing components, finished goods, repair, supply chain management, and post-sale support on a global scale. Its operations are structured into two principal divisions: Integrated Manufacturing Solutions, and Components, Products and Services. The company's extensive service portfolio includes product ideation and engineering – from initial concept development and detailed design to prototyping, validation, pre-production, manufacturing readiness, and ultimate product industrialization. Furthermore, Sanmina provides assembly and testing, direct order shipping and logistics, post-market product maintenance and assistance, and end-to-end supply chain oversight. It also undertakes the production of individual components, subassemblies, and complete systems. Beyond these services, Sanmina offers a range of specialized products like interconnect systems (e.g., printed circuit boards, backplanes, cable assemblies, plastic injection molded parts), mechanical systems (such as custom enclosures and precision-machined components), advanced solutions in memory, storage, radio frequency, optics, and microelectronics, along with defense and aerospace-specific items, and cloud-enabled manufacturing execution software. The company primarily caters to original equipment manufacturers across diverse sectors, including industrial, healthcare, defense and aviation, automotive, telecommunications, and cloud computing. Established in 1980, Sanmina Corporation maintains its corporate headquarters in San Jose, California.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
US
CEO
Jure Sola
Listed since
Apr 14, 1993
Employees
35,000

Market position

Day range

Current $188.89

52-week range

Current $188.89

Open
$189.77
Previous close
$190.72
Volume
408.65K
0.39× average
Average volume
1.04M
Average daily volume
Market cap
10.12B USD
Beta
1.6
Market reference 1
50-day average
$215.33
-12.28% below average
200-day average
$182.05
+3.75% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.72B USD
P/E (TTM)
33.14×
P/B (TTM)
3.97×
P/S (TTM)
0.79×
EV / EBITDA
12.35×
Earnings yield
3.91%
Free cash flow yield
7.52%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
9.01%
Operating margin
5.09%
Net margin
2.41%
Return on equity
10.45%
Return on assets
4.20%
Return on invested capital
9.04%

Financial health

Debt / equity
0.95×
Current ratio
1.72×
Altman Z-score
2.47
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends9%7%5%2%Gross margin, FY2021: 7.81%Gross margin, FY2022: 7.86%Gross margin, FY2023: 8.32%Gross margin, FY2024: 8.46%Gross margin, FY2025: 8.81%Operating margin, FY2021: 3.80%Operating margin, FY2022: 4.41%Operating margin, FY2023: 5.10%Operating margin, FY2024: 4.43%Operating margin, FY2025: 4.36%Net margin, FY2021: 3.70%Net margin, FY2022: 3.04%Net margin, FY2023: 3.47%Net margin, FY2024: 2.94%Net margin, FY2025: 3.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.81%. Gross margin FY2022 7.86%. Gross margin FY2023 8.32%. Gross margin FY2024 8.46%. Gross margin FY2025 8.81%. Operating margin FY2021 3.80%. Operating margin FY2022 4.41%. Operating margin FY2023 5.10%. Operating margin FY2024 4.43%. Operating margin FY2025 4.36%. Net margin FY2021 3.70%. Net margin FY2022 3.04%. Net margin FY2023 3.47%. Net margin FY2024 2.94%. Net margin FY2025 3.03%.

Income trends

Revenue

8.13B USD+7.40%

Operating income

354.57M USD+5.69%

Net income

245.89M USD+10.50%
Income trends across reported periods9.81B USD6.32B USD2.84B USD−648.72M USDRevenue, FY2021: 6.74B USDRevenue, FY2022: 7.92B USDRevenue, FY2023: 8.94B USDRevenue, FY2024: 7.57B USDRevenue, FY2025: 8.13B USDOperating income, FY2021: 255.94M USDOperating income, FY2022: 349.48M USDOperating income, FY2023: 455.66M USDOperating income, FY2024: 335.49M USDOperating income, FY2025: 354.57M USDNet income, FY2021: 249.55M USDNet income, FY2022: 240.38M USDNet income, FY2023: 309.97M USDNet income, FY2024: 222.54M USDNet income, FY2025: 245.89M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.74B USD. Revenue FY2022 7.92B USD. Revenue FY2023 8.94B USD. Revenue FY2024 7.57B USD. Revenue FY2025 8.13B USD. Operating income FY2021 255.94M USD. Operating income FY2022 349.48M USD. Operating income FY2023 455.66M USD. Operating income FY2024 335.49M USD. Operating income FY2025 354.57M USD. Net income FY2021 249.55M USD. Net income FY2022 240.38M USD. Net income FY2023 309.97M USD. Net income FY2024 222.54M USD. Net income FY2025 245.89M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue8.13B USD7.57B USD8.94B USD7.92B USD6.74B USD
Cost of goods sold7.41B USD6.93B USD8.19B USD7.3B USD6.21B USD
Gross profit716.36M USD640.43M USD743.21M USD622.21M USD526.44M USD
Research and development31.09M USD28.51M USD26.43M USD21.34M USD20.91M USD
Selling, general, and administrative290.22M USD266.19M USD255.07M USD244.57M USD234.54M USD
Operating expenses361.79M USD304.94M USD287.55M USD272.73M USD270.51M USD
Interest income15.86M USD12.44M USD13.6M USD1.63M USD925K USD
Interest expense4.3M USD29.18M USD36.29M USD22.47M USD19.55M USD
Depreciation and amortization119.47M USD122.42M USD118.24M USD108.78M USD109.66M USD
Operating income354.57M USD335.49M USD455.66M USD349.48M USD255.94M USD
Net income245.89M USD222.54M USD309.97M USD240.38M USD249.55M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+8.61%
11 comparable reports
Latest EPS result
3.31
Estimate 2.77 · Beat by 19.49%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.472.711.951.19Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 27, 2025: actual 1.44, estimate 1.35, surprise +6.67%, Beat. Q2 2025, reported Apr 28, 2025: actual 1.41, estimate 1.38, surprise +2.17%, Beat. Q3 2025, reported Jul 28, 2025: actual 1.53, estimate 1.42, surprise +7.75%, Beat. Q4 2025, reported Nov 3, 2025: actual 1.67, estimate 1.57, surprise +6.37%, Beat. Q1 2026, reported Jan 26, 2026: actual 2.38, estimate 2.15, surprise +10.70%, Beat. Q2 2026, reported Apr 27, 2026: actual 3.16, estimate 2.42, surprise +30.58%, Beat. Q3 2026, reported Jul 27, 2026: actual 3.31, estimate 2.77, surprise +19.49%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 3.26, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.18B3.39B2.59B1.8BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 27, 2025: actual 2.01B USD, estimate 1.98B USD, surprise +1.42%, Beat. Q2 2025, reported Apr 28, 2025: actual 1.98B USD, estimate 1.97B USD, surprise +0.96%, Beat. Q3 2025, reported Jul 28, 2025: actual 2.04B USD, estimate 2.05B USD, surprise -0.45%, Miss. Q4 2025, reported Nov 3, 2025: actual 2.1B USD, estimate 2.06B USD, surprise +1.94%, Beat. Q1 2026, reported Jan 26, 2026: actual 3.19B USD, estimate 3.08B USD, surprise +3.70%, Beat. Q2 2026, reported Apr 27, 2026: actual 4.01B USD, estimate 3.28B USD, surprise +22.17%, Beat. Q3 2026, reported Jul 27, 2026: actual 3.46B USD, estimate 3.4B USD, surprise +2.00%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 3.48B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$131

30.65% downside
Past 12 months12-month forecastHigh $200Average $131Low $62.00

Rating distribution

18 ratings
Strong buy00%
Buy528%
Hold1161%
Sell211%
Strong sell00%

Recent analyst actions

4 institutions
JP MorganmaintainNeutral
Argus ResearchmaintainBuy

SANM news

Corporate actions

Corporate action history

Stock split

Effective Aug 17, 2009

1:6

Stock split

Effective Jan 9, 2001

2:1

Stock split

Effective Mar 23, 2000

2:1

Stock split

Effective Jun 11, 1998

2:1

Stock split

Effective Mar 12, 1996

2:1

SANM peers

ETFs holding SANM

Funds reporting this stock among their holdings, ordered by reported position size.

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