Sanmina (SANM) Gross Margin (2010 - 2026)
Sanmina (SANM) posted quarterly Gross Margin of 10.49% for Q2 2026, up 162.0% year-over-year from 4.0% in Q2 2025, and up 18.97% quarter-over-quarter from 8.82% in Q1 2026.
Sanmina (SANM) Gross Margin (2010 - 2026) Analysis & Trends
Sanmina (SANM) has reported Gross Margin for 17 consecutive years, with 10.49% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 162.0% year-over-year to 10.49%; the TTM figure through Jun 2026 stood at 9.01% (up 36.0% YoY), while the FY2025 annual figure was 8.81%, up 35.0% from the prior year.
- Gross Margin grew to 10.49% in Q2 2026 per SANM's latest filing, from 8.82% in the prior quarter.
- Across five years, Gross Margin topped out at 10.49% in Q2 2026 and bottomed at 7.6% in Q4 2025.
- Historically, Gross Margin has averaged 8.46% across 5 years, with a median of 8.37% in 2024.
- Annual changes were most pronounced in 2025 — Gross Margin slumped 77 bps — and 2026, when it surged 162 bps.
- Sanmina's Gross Margin stood at 8.29% in 2022, then gained by 3 bps to 8.58% in 2023, then slipped by 2 bps to 8.37% in 2024, then dropped by 9 bps to 7.6% in 2025, then jumped by 38 bps to 10.49% in 2026.
- Business Quant data shows SANM's Gross Margin at 10.49% in Q2 2026, 8.82% in Q1 2026, and 7.6% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 384.18 Bn | 378.07 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 131.49 Bn | 128.98 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.51 Bn | 57.27 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 41.13 Bn | 38.29 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.66 Bn | 34.13 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 34.01 Bn | 32.65 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 16.04 Bn | 15.17 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 12.22 Bn | 11.71 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.50 Bn | 9.87 Bn | 306.06 Mn | 41.43% |
| 10 | Sanmina | 10.50 Bn | 8.65 Bn | 363.31 Mn | 10.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 10.49% |
| Mar 28, 2026 | 8.82% |
| Dec 27, 2025 | 7.60% |
| Sep 27, 2025 | 9.12% |
| Jun 28, 2025 | 8.87% |
| Mar 29, 2025 | 8.88% |
| Dec 28, 2024 | 8.37% |
| Sep 28, 2024 | 8.49% |
| Jun 29, 2024 | 8.34% |
| Mar 30, 2024 | 8.44% |
| Dec 30, 2023 | 8.58% |
| Sep 30, 2023 | 8.45% |
| Jul 1, 2023 | 8.30% |
| Apr 1, 2023 | 8.24% |
| Dec 31, 2022 | 8.29% |
| Oct 1, 2022 | 7.74% |
| Jul 2, 2022 | 8.02% |
| Apr 2, 2022 | 7.65% |
| Jan 1, 2022 | 8.05% |
| Oct 2, 2021 | 7.88% |