Sanmina Corporation (SANM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 4.01B | 3.19B | 2.1B | 2.04B | 1.98B | 2.01B | 2.02B | 1.84B | 1.84B | 1.87B | 2.05B | 2.21B | 2.32B | 2.36B | 2.2B | 2.02B | 1.92B | 1.76B | 1.64B | 1.66B |
| Revenue Growth % | 102.27% | 58.98% | 3.91% | 10.87% | 7.75% | 7.02% | -1.68% | -16.57% | -20.63% | -20.42% | -6.83% | 9.08% | 21.15% | 34.13% | 33.98% | 22.06% | 12.67% | 0.06% | -12.32% | 0.18% |
| Cost of Goods Sold | 3.66B | 2.95B | 1.91B | 1.86B | 1.81B | 1.84B | 1.85B | 1.69B | 1.69B | 1.71B | 1.88B | 2.02B | 2.13B | 2.16B | 2.02B | 1.86B | 1.77B | 1.62B | 1.51B | 1.52B |
| COGS % of Revenue | 91.18% | 92.44% | 90.88% | 91.13% | 91.12% | 91.63% | 91.51% | 91.66% | 91.66% | 91.42% | 91.55% | 91.7% | 91.76% | 91.71% | 91.9% | 91.98% | 92.35% | 91.95% | 92.04% | 91.76% |
| Gross Profit | 353.79M | 241.18M | 191.16M | 181.05M | 176.24M | 167.91M | 171.29M | 153.54M | 153.54M | 160.84M | 173.43M | 183.21M | 191.19M | 195.39M | 178.39M | 162.19M | 146.5M | 141.3M | 130.88M | 136.59M |
| Gross Margin % | 8.82% | 7.56% | 9.12% | 8.87% | 8.88% | 8.37% | 8.49% | 8.34% | 8.34% | 8.58% | 8.45% | 8.3% | 8.24% | 8.29% | 8.1% | 8.02% | 7.65% | 8.04% | 7.96% | 8.24% |
| Gross Profit Growth % | 100.75% | 43.63% | 11.6% | 17.92% | 14.78% | 4.4% | -1.23% | -16.19% | -19.69% | -17.68% | -2.78% | 12.96% | 30.51% | 38.28% | 36.3% | 18.74% | 2.37% | 0.04% | -13.85% | 3.89% |
| Operating Expenses | 196.78M | 123.54M | 112.69M | 85.17M | 84.62M | 79.31M | 81.7M | 71.17M | 71.17M | 73.26M | 74.16M | 75.84M | 70.59M | 66.96M | 68.88M | 70.57M | 70.22M | 63.06M | 64.13M | 62.33M |
| OpEx % of Revenue | 4.9% | 3.87% | 5.38% | 4.17% | 4.26% | 3.95% | 4.05% | 3.86% | 3.86% | 3.91% | 3.61% | 3.44% | 3.04% | 2.84% | 3.13% | 3.49% | 3.67% | 3.59% | 3.9% | 3.76% |
| Selling, General & Admin | 113.55M | 114.89M | 73.52M | 69.54M | 76.31M | 70.84M | 70.49M | 61.72M | 61.72M | 64.78M | 62.12M | 68.83M | 63.39M | 60.73M | 59.77M | 61.51M | 61.82M | 61.48M | 56.99M | 57.44M |
| SG&A % of Revenue | 2.83% | 3.6% | 3.51% | 3.41% | 3.85% | 3.53% | 3.49% | 3.35% | 3.35% | 3.46% | 3.03% | 3.12% | 2.73% | 2.58% | 2.71% | 3.04% | 3.23% | 3.5% | 3.47% | 3.46% |
| Research & Development | 7.99M | 8.66M | 8.67M | 8.08M | 7.32M | 7.02M | 8.24M | 7.66M | 7.66M | 6.29M | 7.71M | 6.72M | 6.39M | 5.6M | 6.02M | 5.07M | 5.47M | 4.78M | 5.48M | 5.27M |
| R&D % of Revenue | 0.2% | 0.27% | 0.41% | 0.4% | 0.37% | 0.35% | 0.41% | 0.42% | 0.42% | 0.34% | 0.38% | 0.3% | 0.28% | 0.24% | 0.27% | 0.25% | 0.29% | 0.27% | 0.33% | 0.32% |
| Other Operating Expenses | 1000K | 0 | 1000K | 1000K | 990K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 296K | 804K | 631K | 1000K | 1000K | 1000K | -1000K | 1000K | -382K |
| Operating Income | 157.01M | 117.63M | 78.47M | 95.88M | 91.62M | 88.61M | 89.59M | 82.37M | 82.37M | 87.58M | 99.27M | 107.36M | 120.6M | 128.43M | 109.51M | 91.61M | 76.27M | 78.24M | 66.75M | 74.27M |
| Operating Margin % | 3.91% | 3.69% | 3.74% | 4.7% | 4.62% | 4.42% | 4.44% | 4.47% | 4.47% | 4.67% | 4.84% | 4.86% | 5.2% | 5.45% | 4.97% | 4.53% | 3.98% | 4.45% | 4.06% | 4.48% |
| Operating Income Growth % | 71.38% | 32.75% | -12.42% | 16.4% | 11.23% | 1.18% | -9.75% | -23.28% | -31.7% | -31.81% | -9.35% | 17.19% | 58.12% | 64.14% | 64.05% | 23.36% | 17.85% | 3.55% | -18.63% | 15.85% |
| EBITDA | 150.74M | 157.16M | 108.12M | 125.64M | 119.82M | 120.45M | 121.24M | 112.13M | 112.13M | 118.3M | 129.79M | 137.26M | 149.88M | 156.96M | 136.2M | 118.68M | 103.84M | 105.71M | 94.2M | 101.64M |
| EBITDA Margin % | 3.76% | 4.93% | 5.16% | 6.15% | 6.04% | 6% | 6.01% | 6.09% | 6.09% | 6.31% | 6.32% | 6.22% | 6.46% | 6.66% | 6.18% | 5.87% | 5.42% | 6.02% | 5.73% | 6.13% |
| EBITDA Growth % | 25.8% | 30.47% | -10.83% | 12.04% | 6.86% | 1.82% | -6.58% | -18.31% | -25.19% | -24.63% | -4.71% | 15.66% | 44.34% | 48.49% | 44.57% | 16.77% | 12.97% | 2.43% | -14.82% | 9.3% |
| D&A (Non-Cash Add-back) | -6.27M | 39.53M | 29.65M | 29.76M | 28.21M | 31.84M | 31.65M | 29.76M | 29.76M | 30.73M | 30.52M | 29.9M | 29.28M | 28.54M | 26.69M | 27.07M | 27.57M | 27.46M | 27.45M | 27.37M |
| EBIT | 163.28M | 86.3M | 78.32M | 96.39M | 93.38M | 91.28M | 91.83M | 82.14M | 82.14M | 90.1M | 95.01M | 109.07M | 120.37M | 124.65M | 90.74M | 84.38M | 75.22M | 80.62M | 74.05M | 103.74M |
| Net Interest Income | -23.7M | -16.66M | -781K | -781K | -1.26M | -1.6M | -2.25M | -4.93M | -4.93M | -4.75M | -4.35M | -5.85M | -6.75M | -5.75M | -6.68M | -5.08M | -4.52M | -4.57M | -4.66M | -4.61M |
| Interest Income | 8.43M | 8.06M | 4.2M | 4.2M | 3.72M | 3.4M | 2.8M | 2.57M | 2.57M | 3.66M | 3.91M | 4.21M | 2.54M | 2.93M | 430K | 540K | 349K | 309K | 234K | 217K |
| Interest Expense | 32.14M | 24.72M | 4.98M | 4.98M | 4.98M | 5M | 5.05M | 7.51M | 7.51M | 8.41M | 8.26M | 10.07M | 9.29M | 8.68M | 7.11M | 5.62M | 4.87M | 4.88M | 4.89M | 4.82M |
| Other Income/Expense | -25.87M | -56.05M | -5.13M | -4.47M | -3.21M | -2.33M | -2.81M | -7.73M | -7.73M | -5.89M | -12.52M | -8.36M | -9.52M | -12.46M | -25.89M | -12.85M | -5.93M | -2.5M | 2.4M | 24.65M |
| Pretax Income | 131.14M | 61.58M | 73.34M | 91.41M | 88.41M | 86.28M | 86.78M | 74.64M | 74.64M | 81.69M | 86.75M | 99M | 111.09M | 115.97M | 83.63M | 78.77M | 70.34M | 75.75M | 69.16M | 98.92M |
| Pretax Margin % | 3.27% | 1.93% | 3.5% | 4.48% | 4.46% | 4.3% | 4.3% | 4.05% | 4.05% | 4.36% | 4.23% | 4.49% | 4.79% | 4.92% | 3.8% | 3.89% | 3.67% | 4.31% | 4.21% | 5.97% |
| Income Tax | 33.32M | 9.83M | 21.36M | 18.52M | 17.89M | 15.39M | 19.44M | 19.9M | 19.9M | 21.32M | 21.4M | 17.27M | 25.78M | 20.85M | 18.9M | 1.54M | 21.72M | 19.57M | 12.59M | -18.46M |
| Effective Tax Rate % | 25.41% | 15.96% | 29.13% | 20.26% | 20.24% | 17.84% | 22.4% | 26.66% | 26.66% | 26.1% | 24.66% | 17.44% | 23.21% | 17.98% | 22.6% | 1.96% | 30.88% | 25.83% | 18.21% | -18.66% |
| Net Income | 93.65M | 49.29M | 48.07M | 68.62M | 64.21M | 65M | 61.38M | 51.6M | 51.6M | 57.07M | 61.84M | 76.49M | 79.62M | 92.01M | 64.72M | 77.22M | 48.62M | 56.18M | 56.56M | 117.38M |
| Net Margin % | 2.33% | 1.55% | 2.29% | 3.36% | 3.24% | 3.24% | 3.04% | 2.8% | 2.8% | 3.04% | 3.01% | 3.47% | 3.43% | 3.91% | 2.94% | 3.82% | 2.54% | 3.2% | 3.44% | 7.08% |
| Net Income Growth % | 45.85% | -24.18% | -21.69% | 32.97% | 24.43% | 13.9% | -0.74% | -32.54% | -35.19% | -37.98% | -4.45% | -0.94% | 63.76% | 63.79% | 14.42% | -34.21% | 3.37% | 16.98% | 9.61% | 161.53% |
| Net Income (Continuing) | 97.81M | 51.76M | 51.97M | 72.89M | 70.52M | 70.88M | 67.34M | 54.74M | 54.74M | 60.36M | 65.36M | 81.74M | 85.31M | 95.11M | 64.72M | 77.22M | 48.62M | 56.18M | 56.56M | 117.38M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 187.73M | 185.26M | 181.35M | 177.08M | 170.77M | 164.89M | 158.93M | 155.79M | 152.97M | 149.68M | 146.16M | 140.92M | 135.23M | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.70 | 0.89 | 0.88 | 1.26 | 1.16 | 1.16 | 1.09 | 0.91 | 0.91 | 0.98 | 1.04 | 1.28 | 1.33 | 1.48 | 1.08 | 1.29 | 0.83 | 0.89 | 0.84 | 1.74 |
| EPS Growth % | 46.55% | -23.28% | -19.27% | 38.46% | 27.47% | 18.37% | 4.81% | -28.91% | -31.58% | -33.78% | -3.7% | -0.78% | 60.24% | 66.29% | 28.57% | -25.86% | 18.57% | 23.61% | 12% | 171.88% |
| EPS (Basic) | 1.72 | 0.91 | 0.90 | 1.28 | 1.18 | 1.20 | 1.12 | 0.93 | 0.93 | 1.01 | 1.08 | 1.32 | 1.37 | 1.53 | 1.12 | 1.33 | 0.85 | 0.91 | 0.87 | 1.79 |
| Diluted Shares Outstanding | 55.31M | 55.52M | 54.49M | 54.49M | 55.51M | 55.85M | 56.23M | 56.71M | 56.71M | 58.24M | 59.18M | 59.59M | 59.82M | 59.87M | 59.84M | 61.7M | 64.27M | 66.23M | 67.15M | 67.35M |
| Basic Shares Outstanding | 54.24M | 54.16M | 53.61M | 53.61M | 54.41M | 54.21M | 54.78M | 55.47M | 55.47M | 56.54M | 57.41M | 57.99M | 58.27M | 57.73M | 58.02M | 59.97M | 62.84M | 64.4M | 65.35M | 65.43M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |