Sanmina (SANM) Gross Margin (2010 - 2026)
Sanmina (SANM) reported Gross Margin of 8.82% for Q1 2026, down 7.0% year-over-year from 9.48% in Q1 2025, and up 16.02% quarter-over-quarter from 7.6% in Q4 2025.
Sanmina (SANM) Gross Margin (2010 - 2026) Analysis & Trends
Sanmina (SANM) has 17 years of Gross Margin data on file, last reported at 8.82% in Q1 2026.
- Gross Margin for Q1 2026 came in at 8.82%, down 7.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.54% (up 2.0% YoY), and the FY2025 annual result was 8.81%, up 35.0% from the prior year.
- Gross Margin improved to 8.82% in Q1 2026 per SANM's latest filing, from 7.6% in the prior quarter.
- Over five years, Gross Margin peaked at 9.12% in Q3 2025 and troughed at 7.6% in Q4 2025.
- A 5-year average of 8.35% and a median of 8.35% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 71 bps in 2023, then slumped 77 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 8.29% in 2022, then rose by 3 bps to 8.58% in 2023, then decreased by 2 bps to 8.37% in 2024, then slipped by 9 bps to 7.6% in 2025, then increased by 16 bps to 8.82% in 2026.
- Business Quant data shows SANM's Gross Margin at 8.82% in Q1 2026, 7.6% in Q4 2025, and 9.12% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 36.75% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 36.87% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 36.78% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 9.39% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 10.80% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 9.01% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 11.89% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 21.42% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 8.82% |
| 10 | Vicor | 12.32 Bn | 11.92 Bn | 62.37 Mn | 55.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 3, 2021 | 8.17% |