Sanmina (SANM) Operating Margin (2010 - 2026)
Sanmina (SANM) reported Operating Margin of 6.39% for fiscal Q3 2026 (quarter ended Jun 27, 2026), up 1.69 percentage points from 4.70% a year earlier and up 2.47 percentage points from the prior quarter.
Sanmina (SANM) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Sanmina's Operating Margin came in at 4.15%, down 0.39 percentage points year-over-year; for FY2025 (ended Sep 27, 2025), it was 4.36%, down 0.07 percentage points from FY2024.
- Operating Margin has a five-year change of +1.21 percentage points (FY2020 to FY2025).
- By fiscal year, Operating Margin came in at 4.43% in FY2024 (-0.67 pp), 5.10% in FY2023 (+0.69 pp), 4.41% in FY2022 (+0.61 pp) and 3.80% in FY2021 (+0.65 pp).
- The fiscal Q3 2026 figure ranks as the highest quarterly Operating Margin in data going back to fiscal Q1 2010.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -0.22 percentage points.
- The high point for year-over-year Operating Margin in five years was fiscal Q3 2026 (a gain of 1.69 percentage points); the low point was fiscal Q1 2026 (a drop of 2.11 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 3.91% (Q2 2026), 2.31% (Q1 2026) and 3.74% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,983.22 Bn | 4,730.71 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 420.24 Bn | 356.17 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 298.64 Bn | 254.39 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 226.87 Bn | 180.32 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 202.30 Bn | 190.82 Bn | 7.58 Bn | 78.49% |
| 6 | Sony | 149.46 Bn | 86.72 Bn | 6.53 Bn | 16.79% |
| 7 | Seagate Technology Holdings | 147.37 Bn | 142.36 Bn | 1.90 Bn | 42.96% |
| 8 | Western Digital | 123.11 Bn | 111.24 Bn | 2.03 Bn | 41.71% |
| 9 | Hewlett Packard Enterprise | 75.20 Bn | 53.08 Bn | 4.93 Bn | 11.41% |
| 10 | Sanmina | 9.22 Bn | 3.46 Bn | 363.31 Mn | 6.39% |
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% |
Sanmina Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=SANM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SANM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SANM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();