The financials
Sanmina Corporation by the numbers
Sanmina Corporation (SANM) reported revenue of $4.01B in Q2 2026 (quarter ended Mar 28, 2026), up 102% from the same quarter a year earlier. That came with a gross margin of 8.8% and net income of $94M (2.3% of revenue). For the full year FY2025, revenue was $8.13B (+7.4% year on year) and net income $246M. Its largest segment in Jun 2026 was IMS Third Party at $2.95B, 85% of the disclosed total, well ahead of CPS Third Party at 15%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $4.01B | $1.98B | +102% |
| Gross profit | $354M | $176M | +101% |
| Operating income | $157M | $92M | +71% |
| Net income | $94M | $64M | +46% |
| Diluted EPS | $1.70 | $1.16 | +47% |
| Operating | Revenue | Share |
|---|---|---|
| IMS Third Party | $2.95B | 85% |
| CPS Third Party | $516M | 15% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $3.46B (-14%)
IMS Third Party grew +80% year on yearCPS Third Party +28% year on year
Segment Latestquarter on quarteryear on year
- IMS Third Party$2.95B$2.95BQoQ -18%year on year +80%-18%+80%
- CPS Third Party$516.4M$516.4MQoQ +18%year on year +28%+18%+28%
Electronic Components
Ranks #12 of 19 by Smart Score