Sanmina Q1 revenue rises to USD 3.2 billion, up 59%, with GAAP diluted EPS at USD 0.89

Reuters01-27 05:02
Sanmina Q1 revenue rises to USD 3.2 billion, up 59%, with GAAP diluted EPS at USD 0.89

Sanmina Corporation reported its financial results for the first quarter (Q1) of fiscal 2026, ending December 27, 2025. Revenue for the quarter was USD 3.2 billion. GAAP operating margin stood at 2.3%, while non-GAAP operating margin was 6.0%. GAAP diluted earnings per share $(EPS)$ were USD 0.89, and non-GAAP diluted EPS were USD 2.38. Cash flow from operations for the quarter reached USD 179 million, with free cash flow at USD 92 million. Sanmina repurchased 516 thousand shares for a total of USD 79 million during the period. The company ended the quarter with cash and cash equivalents of USD 1.4 billion. For the second quarter (Q2) of fiscal 2026 ending March 28, 2026, Sanmina provided an outlook but did not disclose specific figures in the release.

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