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SANMINA REPORTS FOURTH QUARTER AND FISCAL 2025 FINANCIAL RESULTS
SAN JOSE, Calif., Nov. 3, 2025 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions
About this update from Sanmina Corporation
[{"type":"text","content":"\n SAN JOSE, Calif., Nov. 3, 2025 /PRNewswire/ -- Sanmina Corporation (\"Sanmina\" or the \"Company\") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fourth quarter and fiscal year ended September 27, 2025 and outlook for its fiscal first quarter ending December 27, 2025.\n \n \n \n \n \n \n Fourth Quarter Fiscal 2025 Financial Highlights\n \n \n \n • Revenue: $2.1 billion\n \n \n • GAAP operating margin: 3.7%\n \n \n • GAAP diluted EPS: $0.88\n \n \n • Non-GAAP(1) operating margin: 6.0%\n \n \n • Non-GAAP(1) diluted EPS: $1.67\n \n \n \n \n \n Fiscal Year 2025 Financial Highlights\n \n \n \n • Revenue: $8.1 billion\n \n \n • GAAP operating margin: 4.4%\n \n \n • GAAP diluted EPS: $4.46\n \n \n • Non-GAAP(1) operating margin: 5.7%\n \n \n • Non-GAAP(1) diluted EPS: $6.04\n \n \n \n \n \n \n \n Additional Highlights\n \n \n \n • Cash flow from operations: Q4 $199 million and FY'25 $621 million\n \n \n • Free cash flow(2): $137 million in Q4 and $478 million in FY'25\n \n \n • Share repurchases: Approximately 1.44 million shares for $114 million in FY'25 \n \n \n • Q4 ending cash and cash equivalents: $926 million\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n (1)\n \n \n \n \n \n See Schedule 1 below for information regarding the items excluded from and our use of non-GAAP financial measures. A reconciliation of the non-GAAP financial information contained in this release to their most directly comparable GAAP measures is included in the financial statements furnished with this release.\n \n \n \n \n \n \n \n (2)\n \n \n \n \n \n See Condensed Consolidated Cash Flow Statement included in the financial statements furnished with this release.\n \n \n \n \n \n \"We delivered strong results for the fourth quarter. Ongoing strength in the Communications Networks and Cloud and AI Infrastructure end-markets, combined with our team's execution and disciplined cost management, drove performance that met or exceeded our outlook,\" stated Jure Sola, Chairman and CEO.\n \"Our fiscal year 2025 results were in line with our previously communicated expectations. Revenue for the fiscal year increased 7.4%, non-GAAP operating margin expanded by 30 basis points, non-GAAP diluted EPS grew 14.4%, and we generated $621 million of cash flow from operations.\"\n \"As we look to...