SANM Q4 2025

Q2 2026 Q1 2026 Q4 2025 Q3 2025

Earnings

Sanmina closed out fiscal 2025 with a strong fourth quarter, beating analyst expectations on both revenue and earnings as demand across its Communications Networks and Cloud and AI Infrastructure end-markets drove results above consensus. Non-GAAP di… Read more Sanmina closed out fiscal 2025 with a strong fourth quarter, beating analyst expectations on both revenue and earnings as demand across its Communications Networks and Cloud and AI Infrastructure end-markets drove results above consensus. Non-GAAP diluted EPS of $1.67 cleared the $1.56 consensus estimate by 6.71%, while revenue of $2.10 billion came in 2.22% ahead of expectations and grew 3.9% from the year-ago period, supported by non-GAAP operating margin expansion to 6.0% from 5.3% a year earlier. The quarter's most consequential development, however, may be forward-looking: Sanmina's acquisition of ZT Systems, purchased from AMD Design, LLC, is expected to substantially reshape the company's scale, with Q1 fiscal 2026 guidance calling for revenue of $2.90 billion to $3.20 billion and non-GAAP EPS of $1.95 to $2.25, a significant step-up that reflects ZT Systems' initial contribution. Shares responded sharply to the report, rising more than 16% in the session following the release, as investors embraced the company's expanded positioning in the Cloud and AI infrastructure market.