Sanmina Corporation (SANM)

Sanmina Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021
Revenue	8,128	7,568	8,935	7,920	6,738
Revenue Growth (YoY)	7.40%	-15.30%	12.82%	17.53%	-3.05%
Cost of Revenue	7,412	6,928	8,192	7,297	6,212
Gross Profit	716.36	640.43	743.21	622.21	526.44
Selling, General & Admin	290.22	266.19	255.07	246.57	234.54
Research & Development	31.09	28.51	26.43	21.34	20.91
Operating Expenses	321.31	294.71	281.5	267.91	255.45
Operating Income	395.05	345.72	461.71	354.29	270.99
Interest Expense	-20.15	-29.18	-36.29	-22.47	-19.55
Interest & Investment Income	15.86	12.44	13.6	1.63	0.93
Other Non Operating Income (Expenses)	-10.84	-1.22	-20.16	-24.31	5.07
EBT Excluding Unusual Items	379.91	327.76	418.86	309.14	257.44
Merger & Restructuring Charges	-40.48	-10.23	-6.05	-6.82	-15.06
Gain (Loss) on Sale of Assets	-	-	-	-	23.26
Legal Settlements	-	-	-	-	16
Pretax Income	339.43	317.54	412.81	302.32	281.64
Income Tax Expense	73.17	79.78	85.29	61.94	32.1
Earnings From Continuing Operations	266.26	237.75	327.51	240.38	249.55
Minority Interest in Earnings	-20.37	-15.22	-17.54	-	-
Net Income	245.89	222.54	309.97	240.38	249.55
Net Income to Common	245.89	222.54	309.97	240.38	249.55
Net Income Growth	10.50%	-28.21%	28.95%	-3.67%	87.39%
Shares Outstanding (Basic)	54	56	58	61	65
Shares Outstanding (Diluted)	55	57	60	63	67
Shares Change (YoY)	-3.15%	-4.76%	-5.23%	-5.91%	-5.24%
EPS (Basic)	4.56	4.00	5.36	3.92	3.82
EPS (Diluted)	4.46	3.91	5.18	3.81	3.72
EPS Growth	14.07%	-24.52%	35.96%	2.42%	97.87%
Free Cash Flow	473.3	228.99	43.8	192.22	265.05
Free Cash Flow Per Share	8.58	4.02	0.73	3.04	3.95
Gross Margin	8.81%	8.46%	8.32%	7.86%	7.81%
Operating Margin	4.86%	4.57%	5.17%	4.47%	4.02%
Profit Margin	3.02%	2.94%	3.47%	3.03%	3.70%
Free Cash Flow Margin	5.82%	3.03%	0.49%	2.43%	3.93%
EBITDA	514.52	468.14	579.95	463.08	380.65
EBITDA Margin	6.33%	6.19%	6.49%	5.85%	5.65%
D&A For EBITDA	119.47	122.42	118.24	108.78	109.66
EBIT	395.05	345.72	461.71	354.29	270.99
EBIT Margin	4.86%	4.57%	5.17%	4.47%	4.02%
Effective Tax Rate	21.56%	25.13%	20.66%	20.49%	11.40%

Updated Nov 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q