Sanmina (SANM) Net Margin (2010 - 2026)
Sanmina (SANM) posted quarterly Net Margin of 3.62% for Q2 2026, up 7.0% year-over-year from 3.38% in Q2 2025, and up 48.42% quarter-over-quarter from 2.44% in Q1 2026.
Sanmina (SANM) Net Margin (2010 - 2026) Analysis & Trends
Sanmina (SANM) has reported Net Margin for 17 consecutive years, with 3.62% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 7.0% year-over-year to 3.62%; the TTM figure through Jun 2026 stood at 2.56% (down 93.0% YoY), while the FY2025 annual figure was 3.28%, up 14.0% from the prior year.
- Net Margin climbed to 3.62% in Q2 2026 per SANM's latest filing, from 2.44% in the prior quarter.
- Across five years, Net Margin topped out at 4.03% in Q4 2022 and bottomed at 1.62% in Q4 2025.
- Historically, Net Margin has averaged 3.16% across 5 years, with a median of 3.22% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin sank 333 bps — and 2023, when it surged 114 bps.
- Sanmina's Net Margin stood at 4.03% in 2022, then retreated by 20 bps to 3.22% in 2023, then rose by 10 bps to 3.53% in 2024, then tumbled by 54 bps to 1.62% in 2025, then soared by 124 bps to 3.62% in 2026.
- Business Quant data shows SANM's Net Margin at 3.62% in Q2 2026, 2.44% in Q1 2026, and 1.62% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.10 Bn | 375.00 Bn | 3.55 Bn | 20.37% |
| 2 | Corning | 130.32 Bn | 127.81 Bn | 1.63 Bn | 13.52% |
| 3 | TE Connectivity | 58.83 Bn | 57.59 Bn | 1.84 Bn | 14.50% |
| 4 | Flex | 40.57 Bn | 37.73 Bn | 747.00 Mn | 3.59% |
| 5 | Celestica | 34.25 Bn | 33.72 Bn | 577.50 Mn | 7.38% |
| 6 | Jabil | 33.59 Bn | 32.23 Bn | 828.00 Mn | 3.14% |
| 7 | Fabrinet | 15.79 Bn | 14.92 Bn | 158.05 Mn | 10.58% |
| 8 | Ttm Technologies | 11.97 Bn | 11.46 Bn | 211.86 Mn | 8.27% |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | 12.10% |
| 10 | Sanmina | 10.34 Bn | 8.50 Bn | 363.31 Mn | 3.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 3.62% |
| Mar 28, 2026 | 2.44% |
| Dec 27, 2025 | 1.62% |
| Sep 27, 2025 | 2.49% |
| Jun 28, 2025 | 3.55% |
| Mar 29, 2025 | 3.55% |
| Dec 28, 2024 | 3.53% |
| Sep 28, 2024 | 3.33% |
| Jun 29, 2024 | 2.97% |
| Mar 30, 2024 | 3.01% |
| Dec 30, 2023 | 3.22% |
| Sep 30, 2023 | 3.19% |
| Jul 1, 2023 | 3.70% |
| Apr 1, 2023 | 3.67% |
| Dec 31, 2022 | 4.03% |
| Oct 1, 2022 | 2.63% |
| Jul 2, 2022 | 3.79% |
| Apr 2, 2022 | 2.52% |
| Jan 1, 2022 | 3.20% |
| Oct 2, 2021 | 2.25% |