Sanmina Corporation (SANM)

Nasdaq: SANM · Printed Circuit Boards · San Jose, CA · filing with the SEC since 1994

Grade4.8

◀ Past 4.1● Present 5.0▶ Future 5.3

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in October.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Sep 27, 2025	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020	Sep 28, 2019	Sep 29, 2018	Sep 30, 2017	Oct 1, 2016
Report filed	Nov 13, 2025	Nov 27, 2024	Nov 16, 2023	Nov 10, 2022	Nov 12, 2021	Nov 13, 2020	Nov 8, 2019	Nov 15, 2018	Nov 13, 2017	·
Revenue	8,128,382	7,568,328	8,935,048	7,919,622	6,738,356	6,950,208^r	8,233,859	7,110,130	6,868,619	6,481,181
Cost of revenue	7,412,025	6,927,899	8,191,837	7,297,416^r	6,211,915^r	6,433,044^r	7,641,921	6,646,347	6,348,708	5,966,899
Gross profit	716,357	640,429	743,211	622,206^r	526,441^r	517,164^r	591,938	463,783	519,911	514,282
Research and development	31,087	28,514	26,427	21,343	20,911	22,564	27,552	30,754	33,716	37,746
Selling, general and administrative	290,221	266,194	255,072	244,569	234,537	240,931	260,032	250,924	251,568	244,604
Total operating expenses	361,789	304,935	287,553	272,727	270,505	298,020	305,821	344,342	293,444	289,497
Operating income	354,568	335,494	455,658	349,479^r	255,936^r	219,144^r	286,117	119,441	226,467	224,785
Interest expense	20,151	29,183	36,290	22,473	19,551	28,903	30,763	27,734	21,934	24,911
Other income (expense), net	-10,844	-1,216	-20,156	-26,314	44,331	-348	-10,846	4,564	7,682	4,063
Total non-operating income (expense)	-15,140	-17,959	-42,851	-47,159	25,705	-26,929	-40,498	-21,902	-12,987	-20,168
Income before income taxes	339,428	317,535	412,807	302,320^r	281,641^r	192,215^r	245,619	97,539	213,480	204,617
Income tax expense	73,168	79,784	85,294	61,936^r	32,095^r	59,046^r	104,104	193,072	74,647	16,779
Net income including non-controlling interests	266,260	237,751	327,513	240,384	249,546	·	·	·	·	·
Net income to non-controlling interests	20,367	15,215	17,543	0	0	·	·	·	·	·
Net income	245,893	222,536	309,970	240,384^r	249,546^r	133,169^r	141,515	-95,533	138,833	187,838
Earnings per share, basic	4.56	4.00	5.36	3.92^r	3.82^r	1.93^r	2.05	-1.37	1.86	2.50
Earnings per share, diluted	4.46	3.91	5.18	3.81^r	3.72^r	1.88^r	1.97	-1.37	1.78	2.38
Weighted average shares, basic	53,947	55,592	57,847	61,310	65,318	69,041	69,129	69,833	74,481	75,094
Weighted average shares, diluted	55,178	56,970	59,815	63,117	67,084	70,793	71,678	69,833	78,128	78,787

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton SANM · research, not advice