Sanmina Corporation (SANM)

From the record

Sanmina Corporation's filings since 2017 show 2 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2023-05-11); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2023-05-11) (its current reports).

From the record

Sanmina Corporation's 5 filed years say what it did: revenue went from $6.7 billion in fiscal 2021 to $8.1 billion in fiscal 2025, up 4.8% a year; it rose in 3 of 4 years; the deepest fall was 15% from fiscal 2023 to fiscal 2024; net income was positive in 5 of 5 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-09-27, Sanmina Corporation's diluted share count shrank about 4.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 20 sales (7 under scheduled 10b5-1 plans) and 1 purchase of their own stock on the open market in the year to 2026-09-30, buying about $100 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-09-27, Sanmina Corporation earned about 10 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count shrank 3.1% over the year (the filed statements).

From the record

Sanmina Corporation's standing among 12 graded names in its industry family: revenue of $8.1 billion in fiscal 2025 ranks in the top 29% by size; a net margin of 3% ranks in the top 46%; revenue growth of 0.9% a year over the last 3 filed years ranks in the bottom 46% (its annual reports).

From the record

Sanmina Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Sola, Jure (Chairman & CEO, as filed), filing under that title since 2020-08-21, 6.2 years (top 28% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 3.7 years (bottom 17%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Sanmina Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $926 million against debt of $283 million leaves 11% of its assets as net cash, top 12% of its family; cash from operations less capital spending is 5.8% of revenue (top 12%); a gross margin of 8.8% (bottom 21%); research spending of 0.4% of revenue (bottom 28%) (its annual report).

From the record

Sanmina Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 0.9% a year over the last three filed years against 4.8% over all 5, slowing (top 50% of its family); the newest year grew 7.4% (bottom 41%); research spending grew 13.4% a year (top 28%); capital spending grew 2.1% a year (top 41%) (its annual reports). Sanmina Corporation reported 2 lines of business in fiscal 2025: IMS Third Party Revenue at $6.5 billion (80%), CPS Third Party Revenue at $1.6 billion (20%); 2 of 2 grew against the year before (its annual report).

From the record

Sanmina Corporation's newest year against its own record: revenue of $8.1 billion in fiscal 2025 came in 9.9% above the $7.4 billion its prior three years' pace pointed to (bottom 45% of its family); net income of $246 million against a prior three-year average of $258 million (bottom 45%); a net margin of 3% against 3.1% before (bottom 45%) (its annual reports).