Sanmina (SANM) Tax Rate (2010 - 2026)
Sanmina (SANM) reported Tax Rate of 34.65% for fiscal Q3 2026 (quarter ended Jun 27, 2026), up 13.87 percentage points from 20.79% a year earlier and up 9.24 percentage points from the prior quarter.
Sanmina (SANM) Tax Rate (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Sanmina's Tax Rate came in at 28.60%, up 8.18 percentage points year-over-year; for FY2025 (ended Sep 27, 2025), it was 21.56%, down 3.64 percentage points from FY2024.
- Tax Rate has a five-year change of -9.16 percentage points (FY2020 to FY2025).
- By fiscal year, Tax Rate came in at 25.19% in FY2024 (+4.53 pp), 20.66% in FY2023 (+0.15 pp), 20.51% in FY2022 (+9.11 pp) and 11.40% in FY2021 (-19.32 pp).
- The fiscal Q3 2026 figure ranks as the highest quarterly Tax Rate since fiscal Q2 2020.
- Year over year, Tax Rate gained in three of the last eight quarters, with an average year-over-year change of +0.25 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q3 2022 (a gain of 21.20 percentage points); the low point was fiscal Q4 2021 (a drop of 18.35 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 25.41% (Q2 2026), 16.24% (Q1 2026) and 28.86% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,040.97 Bn | 4,788.46 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 424.45 Bn | 360.38 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 313.76 Bn | 269.51 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 232.68 Bn | 186.14 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 202.67 Bn | 191.19 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 152.82 Bn | 147.82 Bn | 1.90 Bn | 14.02% |
| 7 | Sony | 149.85 Bn | 87.11 Bn | 6.53 Bn | 26.70% |
| 8 | Western Digital | 130.59 Bn | 118.72 Bn | 2.03 Bn | 1.60% |
| 9 | Hewlett Packard Enterprise | 77.78 Bn | 55.65 Bn | 4.93 Bn | 12.60% |
| 10 | Sanmina | 9.26 Bn | 3.50 Bn | 363.31 Mn | 34.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 34.65% |
| Mar 28, 2026 | 25.41% |
| Dec 27, 2025 | 16.24% |
| Sep 27, 2025 | 28.86% |
| Jun 28, 2025 | 20.79% |
| Mar 29, 2025 | 20.36% |
| Dec 28, 2024 | 17.84% |
| Sep 28, 2024 | 22.65% |
| Jun 29, 2024 | 26.80% |
| Mar 30, 2024 | 25.69% |
| Dec 30, 2023 | 26.10% |
| Sep 30, 2023 | 24.55% |
| Jul 1, 2023 | 17.44% |
| Apr 1, 2023 | 23.41% |
| Dec 31, 2022 | 18.11% |
| Oct 1, 2022 | 24.53% |
| Jul 2, 2022 | 2.54% |
| Apr 2, 2022 | 31.27% |
| Jan 1, 2022 | 26.40% |
| Oct 2, 2021 | 15.25% |
Sanmina Tax Rate 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=tax-rate&ticker=SANM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SANM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();