Sanmina Corp income statement
In fiscal 2025, Sanmina Corp reported revenue of $8.13bn, up 7.4% on the year before, operating income of $355m (a 4.4% margin) and net income of $246m, or $4.46 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.2 | 6.3 | 6.6 | 6.1 | 5.9 | 6.2 | 6.4 | 6.5 | 6.9 | 7.1 | 8.2 | 7.0 | 6.7 | 7.9 | 8.9 | 7.6 | 8.1 | 12.8 |
| Cost of revenue | 4.9 | 5.8 | 6.1 | 5.7 | 5.5 | 5.7 | 5.9 | 6.0 | 6.3 | 6.6 | 7.6 | 6.4 | 6.2 | 7.3 | 8.2 | 6.9 | 7.4 | 11.6 |
| Gross profit | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 1.2 |
| Research and development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, general and administrative | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 |
| Operating income | −0.0 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.3 | 0.2 | 0.3 | 0.3 | 0.5 | 0.3 | 0.4 | 0.5 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
| Income before tax | −0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.5 |
| Income tax | 0.0 | 0.0 | 0.0 | −0.1 | 0.0 | −0.0 | −0.2 | 0.0 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net income | −0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.4 | 0.2 | 0.1 | −0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 |
| Diluted EPS | −$1.67 | $1.48 | $0.83 | $2.16 | $0.93 | $2.27 | $4.41 | $2.38 | $1.78 | −$1.37 | $1.97 | $1.88 | $3.72 | $3.81 | $5.18 | $3.91 | $4.46 | $5.59 |
| Diluted shares (average) | 83m | 82,477m | 83m | 83m | 85m | 87m | 86m | 79m | 78m | 70m | 72m | 71m | 67m | 63m | 60m | 57m | 55m | 55m |
| EBITDA | 0.1 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.4 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | 0.5 | 0.7 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,018 | 2,006 | 1,984 | 2,042 | 2,096 | 3,190 | 4,013 | 3,464 |
| Cost of revenue | 1,846 | 1,838 | 1,808 | 1,861 | 1,905 | 2,947 | 3,659 | 3,101 |
| Gross profit | 171 | 168 | 176 | 181 | 191 | 242 | 354 | 363 |
| Research and development | 8 | 7 | 7 | 8 | 9 | 9 | 8 | 8 |
| Selling, general and administrative | 70 | 71 | 76 | 70 | 74 | 115 | 114 | 109 |
| Operating income | 90 | 89 | 92 | 96 | 78 | 74 | 157 | 221 |
| Interest expense | 5 | 5 | 5 | 5 | 5 | 25 | 32 | 32 |
| Income before tax | 87 | 86 | 88 | 91 | 73 | 62 | 131 | 192 |
| Income tax | 19 | 15 | 18 | 19 | 21 | 10 | 33 | 66 |
| Net income | 61 | 65 | 64 | 69 | 48 | 49 | 94 | 117 |
| Diluted EPS | $1.09 | $1.16 | $1.16 | $1.26 | $0.88 | $0.89 | $1.70 | $2.12 |
| EBITDA | 121 | 120 | 120 | 126 | 108 | 113 | 204 | 269 |
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