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Nasdaq · Technology

SANMINA CORP (SANM)

As-reported financials and SEC filings for SANMINA CORP. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About SANMINA CORP

Sanmina Corporation provides integrated manufacturing solutions, components, products, and repair, logistics, and after-market services primarily to original equipment manufacturers in industries such as industrial, medical, defense and aerospace, automotive, communications networks, and cloud infrastructure. The company offers end-to-end solutions including product design and engineering, manufacturing of components and systems, assembly and testing, order fulfillment, and global supply chain management. Sanmina serves customers worldwide with facilities located near major electronics industry centers and lower-cost locations.

Snapshot

Revenue
$8.13B
Revenue growth (YoY)
7.4%
Net income
$245.9M
Diluted EPS
$4.46
Gross margin
8.8%
Operating margin
4.4%
Net margin
3.0%
FCF margin
5.8%
ROE
9.7%
net income / fiscal-year-end equity
P/E
34.1×
trailing when available, otherwise FY EPS
Market cap
$10.65B
Long-term debt / equity
0.11×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 27, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Sanmina

  • Revenue grew 7.4% to $8.1B in FY2025, after a 15.3% decline the year before.
  • Operating margin is 4.4% in FY2025, +0.6 pp against 3.8% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $3.5B, up 69.7% from Q3 FY2025.
  • Free cash flow was $473M in FY2025, 5.8% of revenue.
  • Net income rose 10.5% to $246M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Sanmina’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin8.8%
5th percentile of 509
Operating margin4.4%
54th percentile of 563
Net margin3.0%
52nd percentile of 577
FCF margin5.8%
38th percentile of 544
Revenue growth (YoY)+7.4%
44th percentile of 616
ROE9.7%
63rd percentile of 540
P/E34.1×
55th percentile of 330
Long-term debt / equity0.11×
21st percentile of 278
Short interest2.46d
38th percentile of 622

Sanmina’s gross margin of 8.8% ranks in the 5th percentile of the 509 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $24,323. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+6 quant / multi-strat
Initiated / added
11
6 new, 5 added
Reduced / exited
0
0 trimmed, 0 exited
Combined position
$587.6M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$214.3M846.7KAdded
Millennium ManagementquantQ2 2026$174.2M688.4KAdded
Citadel AdvisorsquantQ2 2026$99.1M391.5KAdded
Renaissance TechnologiesquantQ2 2026$34.9M138.0KNew
Bridgewater AssociatesQ2 2026$26.3M104.0KAdded
AQR Capital ManagementquantQ2 2026$22.0M87.0KAdded
Point72 Asset ManagementquantQ2 2026$14.7M58.1KNew
First Eagle Investment ManagementQ2 2026$809,8563.2KNew
Maverick CapitalQ2 2026$582,0842.3KNew
Gotham Asset ManagementQ2 2026$479,0801.9KNew
Polen Capital ManagementQ2 2026$224,229886New

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$24K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-09-01
Johnson Susan ADirectorSell120$202.69$24K
2026-05-29
filed 2026-06-01
Faust Jonathan PEVP & CFOSell5.0K$265.86$1.3M
2026-05-29
filed 2026-06-01
Faust Jonathan PEVP & CFOSell5.0K$265.73$1.3M
2026-05-26
filed 2026-05-28
REID ALAN McWILLIAMSEVP, Global Human ResourcesSell5.0K$254.39$1.3M
2026-05-08
filed 2026-05-12
REID ALAN McWILLIAMSEVP, Global Human ResourcesSell1.0K$248.60$249K
2026-05-06
filed 2026-05-08
SOLA JUREChairman & CEOSell118.4K$228.84$27.1M
2026-05-04
filed 2026-05-06
REID ALAN McWILLIAMSEVP, Global Human ResourcesSell1.0K$225.00$225K
2026-05-01
filed 2026-05-04
REID ALAN McWILLIAMSEVP, Global Human ResourcesSell1.0K$218.17$218K
2026-05-01
filed 2026-05-04
Hedley David V IIIDirectorSell500$219.52$110K
2026-04-30
filed 2026-05-01
Venkatesh VishnuSee RemarksSell2.3K$212.80$484K
2026-04-29
filed 2026-05-01
Licata Joseph G JrDirectorSell16.5K$213.26$3.5M
2026-04-29
filed 2026-05-01
Licata Joseph G JrDirectorSell10.0K$207.36$2.1M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.5M
settled 2026-08-14
Change vs prior
+1.9%
vs previous settlement
Days to cover
2.46
at avg daily volume
Avg daily volume
627.4K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-141.5M+1.9%2.46
2026-07-311.5M+9.1%1.53
2026-07-151.4M+37.4%1.99
2026-06-301.0M-52.2%1.00
2026-06-152.1M-4.6%3.01
2026-05-292.2M-6.2%2.49
2026-05-152.4M-14.0%2.63
2026-04-302.7M+11.6%2.17

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$8.13B$7.57B$8.94B$7.92B$6.74B
Gross profit$716.4M$640.4M$743.2M$622.2M$526.4M
Operating income$354.6M$335.5M$455.7M$349.5M$255.9M
Net income$245.9M$222.5M$310.0M$240.4M$249.5M
Diluted EPS$4.46$3.91$5.18$3.81$3.72

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$926.3M$625.9M$667.6M$529.9M$650.0M
Current assets$4.87B$3.87B$3.88B$3.89B$3.27B
Total assets$5.86B$4.82B$4.87B$4.84B$4.20B
Current liabilities$2.82B$1.94B$2.03B$2.47B$1.79B
Long-term debt$283.0M$299.8M$312.3M$329.2M$311.6M
Total liabilities$3.32B$2.46B$2.56B$3.02B$2.35B
Total equity$2.54B$2.36B$2.32B$1.82B$1.85B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$620.7M$340.2M$235.2M$330.9M$338.3M
Capital expenditure$147.4M$111.2M$191.4M$138.6M$73.3M
Free cash flow$473.3M$229.0M$43.8M$192.2M$265.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$3.46B69.7%$117.1M$2.12
Q2 FY2026$4.01B102.3%$93.6M$1.70
Q1 FY2026$3.19B59.0%$49.3M$0.89
Q4 FY2025$2.10B3.9%$48.1M$0.88
Q3 FY2025$2.04B10.9%$68.6M$1.26
Q2 FY2025$1.98B8.1%$64.2M$1.16
Q1 FY2025$2.01B7.0%$65.0M$1.16
Q4 FY2024$2.02B-1.7%$61.4M$1.09

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryPrinted Circuit Boards
Latest annual periodFY2025 (ended September 27, 2025)
Latest reported quarterQ3 FY2026 (ended June 27, 2026)
Oldest indexed filing2010
SEC CIK897723

Selected SEC filings

10-Q2026-07-27
View on EDGAR →
10-Q2026-04-27
View on EDGAR →
8-K2026-07-27
View on EDGAR →
8-K2026-04-27
View on EDGAR →
8-K2026-03-12
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.