Sanmina Corporation (SANM)

Sanmina Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 28, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020
Revenue	8,049	7,568	8,935	7,920	6,738	6,950
Revenue Growth (YoY)	5.88%	-15.30%	12.82%	17.53%	-3.05%	-15.59%
Cost of Revenue	7,353	6,928	8,192	7,297	6,212	6,433
Gross Profit	696.49	640.43	743.21	622.21	526.44	517.16
Selling, General & Admin	287.19	266.19	255.07	246.57	234.54	240.93
Research & Development	30.66	28.51	26.43	21.34	20.91	22.56
Other Operating Expenses	-	-	-	-	-	1.13
Operating Expenses	317.85	294.71	281.5	267.91	255.45	264.63
Operating Income	378.64	345.72	461.71	354.29	270.99	252.54
Interest Expense	-20.01	-29.18	-36.29	-22.47	-19.55	-28.9
Interest & Investment Income	14.12	12.44	13.6	1.63	0.93	2.32
Other Non Operating Income (Expenses)	-6.93	-1.22	-20.16	-24.31	5.07	-0.35
EBT Excluding Unusual Items	365.82	327.76	418.86	309.14	257.44	225.61
Merger & Restructuring Charges	-12.95	-10.23	-6.05	-6.82	-15.06	-26.78
Impairment of Goodwill	-	-	-	-	-	-6.61
Gain (Loss) on Sale of Assets	-	-	-	-	23.26	-
Legal Settlements	-	-	-	-	16	-
Pretax Income	352.87	317.54	412.81	302.32	281.64	192.22
Income Tax Expense	71.24	79.78	85.29	61.94	32.1	59.05
Earnings From Continuing Operations	281.63	237.75	327.51	240.38	249.55	133.17
Minority Interest in Earnings	-22.42	-15.22	-17.54	-	-	-
Net Income	259.21	222.54	309.97	240.38	249.55	133.17
Net Income to Common	259.21	222.54	309.97	240.38	249.55	133.17
Net Income Growth	16.24%	-28.21%	28.95%	-3.67%	87.39%	-5.90%
Shares Outstanding (Basic)	54	56	58	61	65	69
Shares Outstanding (Diluted)	56	57	60	63	67	71
Shares Change (YoY)	-3.82%	-4.76%	-5.23%	-5.91%	-5.24%	-1.23%
EPS (Basic)	4.78	4.00	5.36	3.92	3.82	1.93
EPS (Diluted)	4.67	3.91	5.18	3.81	3.72	1.88
EPS Growth	21.02%	-24.52%	35.96%	2.42%	97.87%	-4.57%
Free Cash Flow	365.56	228.99	43.8	192.22	265.05	234.57
Free Cash Flow Per Share	6.58	4.02	0.73	3.04	3.95	3.31
Gross Margin	8.65%	8.46%	8.32%	7.86%	7.81%	7.44%
Operating Margin	4.70%	4.57%	5.17%	4.47%	4.02%	3.63%
Profit Margin	3.22%	2.94%	3.47%	3.03%	3.70%	1.92%
Free Cash Flow Margin	4.54%	3.03%	0.49%	2.43%	3.93%	3.38%
EBITDA	500.11	468.14	579.95	463.08	380.65	366.75
EBITDA Margin	6.21%	6.19%	6.49%	5.85%	5.65%	5.28%
D&A For EBITDA	121.47	122.42	118.24	108.78	109.66	114.22
EBIT	378.64	345.72	461.71	354.29	270.99	252.54
EBIT Margin	4.70%	4.57%	5.17%	4.47%	4.02%	3.63%
Effective Tax Rate	20.19%	25.13%	20.66%	20.49%	11.40%	30.72%

Updated Jul 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q