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Sanmina Corporation Reports Fourth Quarter and Fiscal Year 2025 Financial Results

Sanmina Corporation, a key player in integrated manufacturing solutions, recently released its financial results for the fourth quarter and the entire fiscal year 2025, closing the year with robust revenue figures and significant achievements.

Q4 Fiscal 2025 Highlights

In the fourth quarter, Sanmina's revenue reached an impressive $2.1 billion, demonstrating the company's commitment to maintaining high operational standards amidst a competitive market. They reported a GAAP operating margin of 3.7% and a diluted earnings-per-share (EPS) of $0.88. When looking at non-GAAP figures, the operating margin rose to 6.0% with a diluted EPS of $1.67.

Fiscal Year 2025 Performance

Over the entire fiscal year, Sanmina achieved a revenue of $8.1 billion, reflecting a growth of 7.4% compared to the previous year. The company reported a GAAP operating margin of 4.4% and a diluted EPS of $4.46, with non-GAAP metrics showing an operating margin of 5.7% and an EPS of $6.04. Notably, cash flow from operations in Q4 totaled $199 million, with annual cash flow reaching $621 million.

Share repurchases in FY 2025 amounted to around 1.44 million shares, costing the company $114 million. Ending the quarter with nearly $926 million in cash and cash equivalents signifies a robust financial backbone for future ventures.

Strategic Outlook

Chairman and CEO Jure Sola stated, "We delivered strong results for the fourth quarter, bolstered by the strength within our Communications Networks and Cloud and AI Infrastructure sectors. Our team’s disciplined cost management has significantly contributed to meeting our growth objectives."

Looking forward, Sola commented on the company's legacy business, which continues to thrive due to demand from both existing and new customers. The recent acquisition of ZT Systems positions Sanmina for expanded growth not only in core operations but also in emerging Cloud and AI opportunities. This strategic move is expected to enhance their competitive positioning in a rapidly evolving market.

First Quarter Fiscal 2026 Outlook

For the first quarter of fiscal year 2026, Sanmina anticipates revenue between $2.9 billion and $3.2 billion, alongside non-GAAP diluted EPS expectations ranging from $1.95 to $2.25. These forward-looking statements underscore Sanmina's focus on sustainable growth despite potential challenges in the global market landscape.

Conclusion

The financial highlights released by Sanmina reflect a solid year of performance and an optimistic outlook for the upcoming fiscal year. The combination of strategic acquisitions and strong market demand positions the company favorably for continued success in the integrated manufacturing sector. Investors and stakeholders can look forward to Sanmina’s ongoing efforts to capitalize on its strengths in the tech-driven landscape of manufacturing solutions.