Sanmina Corporation Q4 2025 Earnings Recap

Sanmina reported a robust fourth quarter for fiscal 2025, with revenue of $2.1 billion and a non-GAAP EPS of $1.67, reflecting a year-over-year revenue growth of 3.9% and significant operating margin expansion.

Key Takeaways

• Total fiscal 2025 revenue reached $8.13 billion, up 7.4% year-over-year, driven by strong demand in communication networks and AI sectors.
• Non-GAAP operating margin improved by 30 basis points year-over-year to 5.7%, with a fourth quarter margin of 6.0%.
• Generated a strong cash flow from operations of $621 million, underscoring financial health and operational efficiency.
• Non-GAAP EPS for fiscal 2025 was $6.04, representing a 14.4% increase from the prior year.
• Continued strategic investments contributed to an increase in operating expenses, positioned for future growth.