Sanmina (SANM) Operating Margin (2010 - 2026)
Sanmina's (SANM) quarterly Operating Margin came in at 6.39% in Q2 2026, up 169.0% year-over-year from 2.37% in Q2 2025, and up 63.24% quarter-over-quarter from 3.91% in Q1 2026.
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Sanmina (SANM) Operating Margin (2010 - 2026) Analysis & Trends
Sanmina (SANM) has reported Operating Margin for 17 consecutive years, with 6.39% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 169.0% year-over-year to 6.39% in Q2 2026; TTM through Jun 2026 was 4.15%, a 39.0% decrease from a year earlier, with the FY2025 full-year figure at 4.36%, down 7.0% from the prior year.
- Operating Margin was 6.39% for Q2 2026 at Sanmina, up from 3.91% in the prior quarter.
- Over five years, Operating Margin peaked at 6.39% in Q2 2026 and troughed at 2.31% in Q4 2025.
- A 5-year average of 4.51% and a median of 4.53% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 211 bps in 2025 and surged 169 bps in 2026, its largest moves.
- Over 5 years, Operating Margin stood at 5.45% in 2022, then slipped by 14 bps to 4.67% in 2023, then fell by 5 bps to 4.42% in 2024, then tumbled by 48 bps to 2.31% in 2025, then soared by 177 bps to 6.39% in 2026.
- The last three Operating Margin figures came in at 6.39% (Q2 2026), 3.91% (Q1 2026), and 2.31% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.45 Bn | 38.61 Bn | 747.00 Mn | 4.94% |
| 2 | Celestica | 38.73 Bn | 38.20 Bn | 577.50 Mn | 9.75% |
| 3 | Jabil | 33.07 Bn | 31.71 Bn | 828.00 Mn | 5.09% |
| 4 | Fabrinet | 15.11 Bn | 14.23 Bn | 158.05 Mn | 10.20% |
| 5 | Ttm Technologies | 13.13 Bn | 12.62 Bn | 211.86 Mn | 10.86% |
| 6 | Sanmina | 11.14 Bn | 9.29 Bn | 363.31 Mn | 6.39% |
| 7 | Plexus | 6.63 Bn | 6.32 Bn | 131.38 Mn | 4.70% |
| 8 | Benchmark Electronics | 2.66 Bn | 2.34 Bn | 78.40 Mn | 4.00% |
| 9 | Kimball Electronics | 609.71 Mn | 520.78 Mn | 32.95 Mn | 7.83% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 6.39% |
| Mar 28, 2026 | 3.91% |
| Dec 27, 2025 | 2.31% |
| Sep 27, 2025 | 3.74% |
| Jun 28, 2025 | 4.70% |
| Mar 29, 2025 | 4.62% |
| Dec 28, 2024 | 4.42% |
| Sep 28, 2024 | 4.44% |
| Jun 29, 2024 | 4.47% |
| Mar 30, 2024 | 4.14% |
| Dec 30, 2023 | 4.67% |
| Sep 30, 2023 | 4.84% |
| Jul 1, 2023 | 4.86% |
| Apr 1, 2023 | 5.20% |
| Dec 31, 2022 | 5.45% |
| Oct 1, 2022 | 4.65% |
| Jul 2, 2022 | 4.53% |
| Apr 2, 2022 | 3.98% |
| Jan 1, 2022 | 4.45% |
| Oct 2, 2021 | 3.99% |