Sanmina Corporation, a leading integrated manufacturing solutions company, reported financial results for the fourth quarter ended October 3, 2026 and outlook for its first fiscal quarter ending January 2, 2027.
Fourth Quarter Fiscal 2026 Financial Highlights
- Revenue: $3.86 billion
- GAAP operating margin: 6.0%
- GAAP diluted EPS: $2.14
- Non-GAAP operating margin: 9.0%
- Non-GAAP diluted EPS: $4.43
Fiscal Year 2026 Financial Highlights
- Revenue: $14.53 billion
- GAAP operating margin: 4.7%
- GAAP diluted EPS: $6.85
- Non-GAAP operating margin: 7.4%
- Non-GAAP diluted EPS: $13.28
Additional Highlights
- Cash flow from operations: Q4 $242 million and FY'26 $944 million
- Free cash flow: Q4 $83 million and $541 million in FY'26
- Share repurchases: Q4 $154 million, or 0.8 million shares and FY'26 $393 million, or approximately 2.4 million shares
- Q4 ending cash and cash equivalents: $1.68 billion
"This was a transformative year for Sanmina as we delivered strong broad-based growth across all of our end markets, integrated the ZT Systems business, strengthening our position in the Cloud and AI Infrastructure end market, and grew our core Sanmina business by double digits year-over-year, maintaining a well-diversified portfolio," stated Jure Sola, Chairman and CEO of Sanmina Corporation.
"Our fiscal 2026 results were exceptional. Revenue grew 79%, non-GAAP operating profit increased 130%, and non-GAAP diluted earnings per share more than doubled compared to a year ago. These results reflect our disciplined execution, robust financial management, and targeted diversification across and within our customers and end markets. Additionally, we generated strong cash flow from operations of $944 million, which provided the flexibility to fund strategic investments in new capabilities and capacity, further strengthening our position in the market while maintaining a very healthy balance sheet."
"As we look to fiscal 2027, we expect demand to remain strong. At the midpoint of our full-year outlook, revenue is projected to grow about 27% and our non-GAAP diluted earnings per share about 24%. We remain excited for the opportunities ahead, and the team is well-positioned to capitalize on the momentum while maintaining disciplined execution to drive sustainable, long-term shareholder value."
