Sanmina Corp balance sheet
At the end of fiscal 2025, Sanmina Corp had total assets of $5.86bn and shareholders' equity of $2.54bn. It held $926m in cash against $300m of debt: net cash of $626m.
Balance sheet
| Fiscal year | 2009Oct 2009 | 2010Oct 2010 | 2011Oct 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Oct 2015 | 2016Oct 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 899 | 593 | 640 | 410 | 403 | 467 | 412 | 398 | 407 | 420 | 455 | 481 | 650 | 530 | 668 | 626 | 926 | 1,845 |
| Receivables | — | 1,019 | 1,014 | 1,002 | 945 | 979 | 937 | 974 | 1,110 | 1,177 | 1,128 | 1,043 | 1,193 | 1,139 | 1,231 | 1,338 | 1,400 | 1,987 |
| Inventory | — | 844 | 891 | 827 | 782 | 893 | 919 | 946 | 1,052 | 1,374 | 901 | 861 | 1,042 | 1,684 | 1,477 | 1,444 | 1,988 | 3,152 |
| Total current assets | — | 2,590 | 2,629 | 2,326 | 2,205 | 2,451 | 2,323 | 2,376 | 2,616 | 3,014 | 2,921 | 2,819 | 3,271 | 3,891 | 3,880 | 3,870 | 4,865 | 7,828 |
| Goodwill | — | — | — | — | — | 26 | 27 | 59 | 59 | 29 | 29 | — | — | — | — | — | 30 | 122 |
| Total assets | — | 3,302 | 3,354 | 3,168 | 2,996 | 3,313 | 3,493 | 3,625 | 3,847 | 4,085 | 3,906 | 3,773 | 4,204 | 4,836 | 4,874 | 4,823 | 5,858 | 9,740 |
| Accounts payable | — | 923 | 984 | 938 | 956 | 1,140 | 1,035 | 1,121 | 1,280 | 1,547 | 1,337 | 1,210 | 1,472 | 2,041 | 1,559 | 1,442 | 1,579 | 2,453 |
| Total current liabilities | — | 1,251 | 1,266 | 1,220 | 1,207 | 1,534 | 1,381 | 1,401 | 1,616 | 2,402 | 1,683 | 1,523 | 1,786 | 2,471 | 2,033 | 1,941 | 2,822 | 4,397 |
| Short-term debt | — | 65 | — | 60 | 22 | 157 | 113 | 28 | 88 | 593 | 38 | 19 | 19 | 18 | 26 | 18 | 18 | 215 |
| Long-term debt | — | 1,241 | 1,182 | 837 | 563 | 387 | 424 | 434 | 391 | 14 | 347 | 329 | 312 | 329 | 312 | 300 | 283 | 1,957 |
| Total debt | 0 | 1,306 | 1,243 | 897 | 585 | 544 | 537 | 462 | 480 | 608 | 385 | 348 | 330 | 347 | 338 | 317 | 300 | 2,172 |
| Shareholders' equity | 519 | 662 | 771 | 964 | 1,092 | 1,247 | 1,520 | 1,610 | 1,648 | 1,473 | 1,647 | 1,623 | 1,853 | 1,820 | 2,319 | 2,362 | 2,539 | 2,760 |
| Net debt (negative = net cash) | −899 | 713 | 602 | 488 | 182 | 77 | 125 | 64 | 73 | 188 | −69 | −133 | −320 | −183 | −329 | −309 | −626 | 327 |
| Shares outstanding | — | 79,722m | 81m | 82m | 84m | 82m | 78m | 73m | 72m | 68m | 70m | 65m | 64m | 57m | 57m | 54m | 53m | — |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 1,338 | 1,354 | 1,383 | 1,379 | 1,400 | 2,646 | 2,230 | 1,987 |
| Inventory | 1,444 | 1,426 | 1,548 | 1,590 | 1,988 | 3,053 | 3,027 | 3,152 |
| Total current assets | 3,870 | 3,876 | 4,067 | 4,302 | 4,865 | 7,853 | 7,611 | 7,828 |
| Goodwill | — | — | — | — | 30 | 307 | 359 | 122 |
| Total assets | 4,823 | 4,812 | 4,967 | 5,222 | 5,858 | 9,801 | 9,669 | 9,740 |
| Accounts payable | 1,442 | 1,392 | 1,351 | 1,433 | 1,579 | 2,348 | 2,509 | 2,453 |
| Total current liabilities | 1,941 | 1,883 | 2,073 | 2,248 | 2,822 | 4,615 | 4,442 | 4,397 |
| Short-term debt | 18 | 18 | 18 | 18 | 18 | 172 | 172 | 215 |
| Long-term debt | 300 | 296 | 291 | 287 | 283 | 1,999 | 2,000 | 1,957 |
| Total debt | 317 | 313 | 309 | 305 | 300 | 2,171 | 2,172 | 2,172 |
| Shareholders' equity | 2,362 | 2,421 | 2,396 | 2,475 | 2,539 | 2,661 | 2,612 | 2,760 |
| Shares outstanding | 54m | — | — | — | 53m | — | — | — |
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