Sanmina (SANM) Tax Rate (2010 - 2026)
Sanmina (SANM) posted quarterly Tax Rate of 34.65% for Q2 2026, up 1387.0% year-over-year from 2.33% in Q2 2025, and up 36.36% quarter-over-quarter from 25.41% in Q1 2026.
Sanmina (SANM) Tax Rate (2010 - 2026) Analysis & Trends
Sanmina (SANM) has reported Tax Rate for 17 consecutive years, with 34.65% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 1387.0% year-over-year to 34.65%; the TTM figure through Jun 2026 stood at 28.6% (up 818.0% YoY), while the FY2025 annual figure was 21.56%, down 364.0% from the prior year.
- Tax Rate improved to 34.65% in Q2 2026 per SANM's latest filing, from 25.41% in the prior quarter.
- Across five years, Tax Rate topped out at 34.65% in Q2 2026 and bottomed at 2.54% in Q3 2022.
- Historically, Tax Rate has averaged 22.79% across 5 years, with a median of 24.53% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 2155 bps — and 2024, when it slumped 826 bps.
- Sanmina's Tax Rate stood at 18.11% in 2022, then soared by 44 bps to 26.1% in 2023, then sank by 32 bps to 17.84% in 2024, then retreated by 9 bps to 16.24% in 2025, then soared by 113 bps to 34.65% in 2026.
- Business Quant data shows SANM's Tax Rate at 34.65% in Q2 2026, 25.41% in Q1 2026, and 16.24% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.89 Bn | 375.78 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.67 Bn | 128.17 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.50 Bn | 57.26 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 41.01 Bn | 38.17 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.60 Bn | 34.06 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.92 Bn | 32.56 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 15.90 Bn | 15.03 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 11.99 Bn | 11.47 Bn | 211.86 Mn | -2.22% |
| 9 | Sanmina | 10.45 Bn | 8.60 Bn | 363.31 Mn | 34.65% |
| 10 | Littelfuse | 10.42 Bn | 9.79 Bn | 306.06 Mn | 23.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 34.65% |
| Jun 27, 2026 | 34.65% |
| Jun 27, 2026 | 34.65% |
| Mar 28, 2026 | 25.41% |
| Mar 28, 2026 | 25.41% |
| Mar 28, 2026 | 25.41% |
| Dec 27, 2025 | 16.24% |
| Dec 27, 2025 | 16.24% |
| Dec 27, 2025 | 16.24% |
| Sep 27, 2025 | 28.86% |
| Sep 27, 2025 | 28.86% |
| Sep 27, 2025 | 28.86% |
| Jun 28, 2025 | 20.79% |
| Jun 28, 2025 | 20.79% |
| Jun 28, 2025 | 20.79% |
| Mar 29, 2025 | 20.36% |
| Mar 29, 2025 | 20.36% |
| Mar 29, 2025 | 20.36% |
| Dec 28, 2024 | 17.84% |
| Dec 28, 2024 | 17.84% |