SANM Q3 2025

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

Sanmina posted a decisive beat across the board in its fiscal third quarter of 2025, with revenue of $2.04 billion topping the $1.98 billion consensus by 3.12% and climbing 10.9% year over year, while non-GAAP diluted EPS of $1.53 cleared the $1.42 a… Read more Sanmina posted a decisive beat across the board in its fiscal third quarter of 2025, with revenue of $2.04 billion topping the $1.98 billion consensus by 3.12% and climbing 10.9% year over year, while non-GAAP diluted EPS of $1.53 cleared the $1.42 analyst estimate by 8.13%. The company credited focused execution and a favorable business mix for driving margin expansion, with non-GAAP operating margin widening to 5.7% from 5.3% a year ago. Cash generation stood out as a particular highlight, with free cash flow of $168.18 million more than doubling the $67.23 million recorded in the year-ago quarter, lifting the cash balance to $797.88 million. The quarter also carried a new acquisition and integration cost line of $7.08 million, suggesting a strategic transaction may be underway. Looking ahead, management guided fiscal Q4 revenue of $2.00 billion to $2.10 billion and non-GAAP EPS of $1.52 to $1.62, expressing confidence that a growing customer base and new program wins would sustain the momentum into fiscal 2026.