Sanmina (SANM) Gross Margin (2010 - 2026)
Sanmina's (SANM) quarterly Gross Margin came in at 10.49% in 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.
Analysis
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.
- On a quarterly basis, Gross Margin rose 162.0% year-over-year to 10.49% in Q2 2026; TTM through Jun 2026 was 9.01%, a 36.0% increase from a year earlier, with the FY2025 full-year figure at 8.81%, up 35.0% from the prior year.
- Gross Margin was 10.49% for Q2 2026 at Sanmina, up from 8.82% in the prior quarter.
- Over five years, Gross Margin peaked at 10.49% in Q2 2026 and troughed at 7.6% in Q4 2025.
- A 5-year average of 8.46% and a median of 8.37% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 77 bps in 2025 and jumped 162 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 8.29% in 2022, then increased by 3 bps to 8.58% in 2023, then retreated by 2 bps to 8.37% in 2024, then decreased by 9 bps to 7.6% in 2025, then surged by 38 bps to 10.49% in 2026.
- The last three Gross Margin figures came in at 10.49% (Q2 2026), 8.82% (Q1 2026), and 7.6% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.49 Bn | 38.65 Bn | 747.00 Mn | 9.42% |
| 2 | Celestica | 38.92 Bn | 38.39 Bn | 577.50 Mn | 12.29% |
| 3 | Jabil | 32.97 Bn | 31.61 Bn | 828.00 Mn | 9.46% |
| 4 | Fabrinet | 15.10 Bn | 14.22 Bn | 158.05 Mn | 12.01% |
| 5 | Ttm Technologies | 13.17 Bn | 12.65 Bn | 211.86 Mn | 21.10% |
| 6 | Sanmina | 11.16 Bn | 9.31 Bn | 363.31 Mn | 10.49% |
| 7 | Plexus | 6.65 Bn | 6.34 Bn | 131.38 Mn | 10.07% |
| 8 | Benchmark Electronics | 2.66 Bn | 2.34 Bn | 78.40 Mn | 10.37% |
| 9 | Kimball Electronics | 608.85 Mn | 519.92 Mn | 32.95 Mn | 8.87% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic 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% |