SANM financial statements

The full income statement, balance sheet, and cash-flow statement for Sanmina Corporation (SANM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 54.6M2024-09 53.9M2024-12 54.3M2025-03 53.5M2025-06 53.3M2025-09 54.6M2025-12 54.6M2026-03 53.6M2026-06 53.6M-1.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Income Statement	as ofSep 27 ’25	as ofSep 28 ’24	as ofSep 30 ’23	as ofOct 1 ’22	as ofOct 2 ’21	as ofOct 3 ’20
Revenue	8.13B YoY+7.4%	7.57B YoY-15.3%	8.94B YoY+12.8%	7.92B YoY+17.5%	6.74B YoY-3.0%	6.95B YoY-15.6%
	716M YoY+11.9%	640M YoY-13.8%	743M YoY+19.4%	622M YoY+18.2%	526M YoY+1.8%	517M YoY-12.6%
Cost of revenue	7.41B YoY+7.0%	6.93B YoY-15.4%	8.19B YoY+12.3%	7.30B YoY+17.5%	6.21B YoY-3.4%	6.43B YoY-15.8%
	362M YoY+18.6%	305M YoY+6.0%	288M YoY+5.4%	273M YoY+0.8%	271M YoY-9.2%	298M YoY-2.6%
Research & development	31.1M YoY+9.0%	28.5M YoY+7.9%	26.4M YoY+23.8%	21.3M YoY+2.1%	20.9M YoY-7.3%	22.6M YoY-18.1%
Selling, general & administrative	290M YoY+9.0%	266M YoY+4.4%	255M YoY+4.3%	245M YoY+4.3%	235M YoY-2.7%	241M YoY-7.3%
Restructuring	—	—	6.05M YoY-47.0%	11.4M YoY-24.1%	15.1M YoY-43.8%	26.8M YoY+94.7%
Operating income	355M YoY+5.7%	335M YoY-26.4%	456M YoY+30.4%	349M YoY+36.5%	256M YoY+16.8%	219M YoY-23.4%
Interest expense	20.2M YoY-30.9%	29.2M YoY-19.6%	36.3M YoY+61.5%	22.5M YoY+14.9%	19.6M YoY-32.4%	28.9M YoY-6.0%
Other non-operating income	-10.8M YoY-791.8%	-1.22M YoY+94.0%	-20.2M YoY+23.4%	-26.3M YoY-159.4%	44.3M YoY+12838.8%	-348K YoY+96.8%
Pre-tax income	339M YoY+6.9%	318M YoY-23.1%	413M YoY+36.5%	302M YoY+7.3%	282M YoY+46.5%	192M YoY-21.7%
Income tax	73.2M YoY-8.3%	79.8M YoY-6.5%	85.3M YoY+37.7%	61.9M YoY+93.0%	32.1M YoY-45.6%	59.0M YoY-43.3%
	246M YoY+10.5%	223M YoY-28.2%	310M YoY+28.9%	240M YoY-3.7%	250M YoY+87.4%	133M YoY-5.9%
Net income to non-controlling interest	20.4M YoY+33.9%	15.2M YoY-13.3%	17.5M	0.00	0.00	—
	$4.46 YoY+14.1%	$3.91 YoY-24.5%	$5.18 YoY+36.0%	$3.81 YoY+2.4%	$3.72 YoY+97.9%	$1.88 YoY-4.6%
EPS (basic)	$4.56 YoY+14.0%	$4.00 YoY-25.4%	$5.36 YoY+36.7%	$3.92 YoY+2.6%	$3.82 YoY+97.9%	$1.93 YoY-5.9%
	53.9M YoY-3.0%	55.6M YoY-3.9%	57.8M YoY-5.6%	61.3M YoY-6.1%	65.3M YoY-5.4%	69.0M YoY-0.1%
	55.2M YoY-3.1%	57.0M YoY-4.8%	59.8M YoY-5.2%	63.1M YoY-5.9%	67.1M YoY-5.2%	70.8M YoY-1.2%
Balance Sheet	as ofSep 27 ’25	as ofSep 28 ’24	as ofSep 30 ’23	as ofOct 1 ’22	as ofOct 2 ’21	as ofOct 3 ’20
	4.87B YoY+25.7%	3.87B YoY-0.2%	3.88B YoY-0.3%	3.89B YoY+18.9%	3.27B YoY+16.0%	2.82B YoY-3.5%
Cash & equivalents	926M YoY+48.0%	626M YoY-6.2%	668M YoY+26.0%	530M YoY-18.5%	650M YoY+35.3%	481M YoY+5.7%
Inventory	1.99B YoY+37.7%	1.44B YoY-2.3%	1.48B YoY-12.3%	1.68B YoY+61.7%	1.04B YoY+21.0%	861M YoY-4.4%
Prepaid expenses	125M YoY+57.2%	79.3M YoY+36.1%	58.2M YoY-6.1%	62.0M YoY+15.0%	54.0M YoY+43.0%	37.7M YoY-7.9%
	5.86B YoY+21.5%	4.82B YoY-1.0%	4.87B YoY+0.8%	4.84B YoY+15.0%	4.20B YoY+11.4%	3.77B YoY-3.4%
Property, plant & equipment	682M YoY+10.8%	616M YoY-2.6%	633M YoY+10.0%	575M YoY+7.9%	533M YoY-4.7%	559M YoY-11.3%
Operating lease right-of-use	67.8M YoY-12.6%	77.6M YoY-18.9%	95.8M YoY+20.4%	79.5M YoY+16.9%	68.0M	—
Goodwill	30.4M	—	—	—	—	—
Deferred tax assets	171M YoY+6.5%	161M YoY-9.5%	178M YoY-15.3%	210M YoY-13.5%	242M YoY-11.4%	273M YoY-2.3%
Other non-current assets	109M YoY-38.1%	176M YoY-4.5%	184M YoY+14.8%	160M YoY+2.1%	157M YoY+30.2%	121M YoY+62.5%
	2.82B YoY+45.4%	1.94B YoY-4.6%	2.03B YoY-17.7%	2.47B YoY+38.4%	1.79B YoY+17.3%	1.52B YoY-9.5%
Accounts payable	1.58B YoY+9.5%	1.44B YoY-7.5%	1.56B YoY-23.6%	2.04B YoY+38.7%	1.47B YoY+21.7%	1.21B YoY-9.5%
Short-term & current debt	17.5M YoY+0.0%	17.5M YoY-32.5%	25.9M YoY+48.3%	17.5M YoY-6.7%	18.8M YoY+0.0%	18.8M YoY-51.1%
Current lease liability	21.7M YoY-2.4%	22.3M YoY-0.3%	22.3M YoY+33.8%	16.7M YoY-3.0%	17.2M YoY+3.4%	16.7M
Other current liabilities	180M YoY+35.5%	133M YoY-58.7%	321M YoY+13.9%	282M YoY+58.9%	177M YoY+3.2%	172M YoY-4.6%
Long-term debt	283M YoY-5.6%	300M YoY-4.0%	312M YoY-5.1%	329M YoY+5.7%	312M YoY-5.4%	329M YoY-5.1%
Non-current lease liability	36.0M YoY-19.1%	44.5M YoY-26.6%	60.7M YoY+24.9%	48.6M YoY+25.9%	38.6M YoY+4.2%	37.0M
Operating lease liability (total)	57.7M YoY-13.5%	66.8M YoY-19.5%	83.0M YoY+27.2%	65.3M YoY+16.9%	55.8M	—
Deferred tax liabilities	11.7M YoY-12.4%	13.4M YoY+397.0%	2.70M YoY-38.4%	4.38M YoY+32.7%	3.30M	—
Other non-current liabilities	214M YoY-3.1%	221M YoY+5.3%	210M YoY-2.6%	215M YoY-15.1%	254M YoY-12.8%	291M YoY+24.9%
Total non-current liabilities	497M YoY-4.5%	521M YoY-0.3%	522M YoY-4.1%	545M YoY-3.6%	565M YoY-8.9%	620M YoY+6.9%
	2.54B YoY+7.5%	2.36B YoY+1.8%	2.32B YoY+27.4%	1.82B YoY-1.8%	1.85B YoY+14.1%	1.62B YoY-1.4%
Additional paid-in capital	6.64B YoY+1.0%	6.58B YoY+1.0%	6.51B YoY+2.1%	6.38B YoY+0.7%	6.34B YoY+0.6%	6.30B YoY+0.5%
Retained earnings	-2.46B YoY+9.1%	-2.71B YoY+7.6%	-2.93B YoY+9.6%	-3.24B YoY+6.9%	-3.48B YoY+6.5%	-3.72B YoY+3.6%
Treasury stock	1.90B YoY+9.0%	1.74B YoY+17.1%	1.49B YoY+7.8%	1.38B YoY+31.6%	1.05B YoY+6.5%	983M YoY+22.3%
Accumulated other comprehensive income	69.6M YoY+4.3%	66.7M YoY-5.8%	70.9M YoY+25.8%	56.3M YoY+38.4%	40.7M YoY+16.6%	34.9M YoY-17.4%
Total equity incl. non-controlling	2.54B YoY+7.5%	2.36B YoY+1.8%	2.32B YoY+27.4%	1.82B YoY-1.8%	1.85B YoY+14.1%	1.62B
Total liabilities & equity	5.86B YoY+21.5%	4.82B YoY-1.0%	4.87B YoY+0.8%	4.84B YoY+15.0%	4.20B YoY+11.4%	3.77B YoY-3.4%
	115M YoY+1.3%	113M YoY+1.4%	112M YoY+1.3%	110M YoY+1.3%	109M YoY+1.0%	108M YoY+2.0%
	53.4M YoY-1.0%	53.9M YoY-5.1%	56.8M YoY-1.0%	57.4M YoY-10.7%	64.3M YoY-1.1%	65.0M YoY-6.8%
	54.6M YoY+1.2%	53.9M YoY-5.1%	56.8M YoY-1.0%	57.4M YoY-10.8%	64.4M YoY-1.1%	65.1M YoY-7.0%
Cash Flow	as ofSep 27 ’25	as ofSep 28 ’24	as ofSep 30 ’23	as ofOct 1 ’22	as ofOct 2 ’21	as ofOct 3 ’20
	621M YoY+82.4%	340M YoY+44.7%	235M YoY-28.9%	331M YoY-2.2%	338M YoY+12.6%	301M YoY-21.5%
Depreciation & amortization	119M YoY-2.4%	122M YoY+3.5%	118M YoY+8.7%	109M YoY-0.8%	110M YoY-4.0%	114M YoY-2.3%
Share-based compensation	63.4M YoY+10.4%	57.4M YoY+13.9%	50.4M YoY+27.3%	39.6M YoY+13.2%	35.0M YoY+33.3%	26.2M YoY-14.9%
Deferred income taxes	-11.8M YoY-138.9%	30.3M YoY+5.5%	28.8M YoY+3.0%	27.9M YoY-1.6%	28.4M YoY+141.0%	11.8M YoY-78.5%
Change in receivables	63.8M YoY-38.9%	104M YoY+16.7%	89.5M YoY+288.4%	-47.5M YoY-132.6%	146M YoY+278.0%	-81.9M YoY-49.1%
Change in inventory	543M YoY+1620.1%	-35.7M YoY+83.0%	-210M YoY-132.3%	651M YoY+314.0%	157M YoY+745.2%	-24.4M YoY+79.9%
Change in payables	99.0M YoY+188.8%	-112M YoY+73.3%	-418M YoY-182.2%	509M YoY+108.7%	244M YoY+328.7%	-107M YoY+41.6%
Other operating activities	-5.66M YoY-407.5%	-1.12M YoY-163.1%	1.77M YoY-82.5%	10.1M YoY+837.3%	-1.37M YoY-473.6%	-239K YoY-110.8%
	-108M YoY+5.4%	-114M YoY+40.6%	-192M YoY-45.6%	-132M YoY-44.8%	-91.3M YoY-41.8%	-64.4M YoY+49.5%
Capital expenditure	147M YoY+32.5%	111M YoY-41.9%	191M YoY+38.0%	139M YoY+89.1%	73.3M YoY+11.1%	66.0M YoY-51.0%
Free cash flow	473M YoY+106.7%	229M YoY+422.8%	43.8M YoY-77.2%	192M YoY-27.5%	265M YoY+13.0%	235M YoY-5.5%
Acquisitions	0.00	0.00	0.00	0.00 YoY-100.0%	21.4M	0.00
Purchases of investments	15.0M YoY+189.2%	5.20M YoY+108.0%	2.50M YoY+25.0%	2.00M YoY-26.1%	2.71M YoY-91.0%	30.0M YoY+5912.0%
Proceeds from sale of PP&E	4.88M YoY+140.3%	2.03M YoY+44.1%	1.41M YoY-83.3%	8.43M YoY+677.2%	1.08M YoY-31.1%	1.57M YoY-79.1%
	-174M YoY+35.5%	-270M YoY-385.4%	94.5M YoY+130.1%	-314M YoY-306.5%	-77.3M YoY+63.2%	-210M YoY+4.5%
Long-term debt issued	0.00	0.00	0.00 YoY-100.0%	350M	0.00	0.00 YoY-100.0%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00 YoY-100.0%	331M YoY+416.9%	64.1M YoY-64.2%	179M YoY+1319.3%
Dividends paid	0.00	0.00	0.00	0.00	0.00	0.00
Other financing activities	477K	0.00 YoY+100.0%	-113K YoY-122.6%	500K	—	0.00
FX effect on cash	1.75M YoY-19.6%	2.18M YoY+337.1%	498K YoY+111.0%	-4.51M YoY-2166.3%	-199K YoY-145.7%	-81.0K YoY-175.7%
Net change in cash	340M YoY+916.0%	-41.7M YoY-130.3%	138M YoY+214.6%	-120M YoY-170.9%	170M YoY+557.4%	25.8M YoY-26.8%
Interest paid	16.6M YoY-36.5%	26.1M YoY-19.7%	32.5M YoY+78.1%	18.2M YoY+19.5%	15.3M YoY-25.5%	20.5M YoY-32.1%
Income taxes paid	98.6M YoY+42.0%	69.4M YoY+21.1%	57.3M YoY+19.1%	48.1M YoY+44.3%	33.4M YoY+8.7%	30.7M YoY-4.5%
Valuation Ratios	as ofSep 27 ’25	as ofSep 28 ’24	as ofSep 30 ’23	as ofOct 1 ’22	as ofOct 2 ’21	as ofOct 3 ’20
Market cap	6.08B YoY+61.6%	3.76B YoY+21.2%	3.11B YoY+16.6%	2.66B YoY+4.4%	2.55B YoY+41.8%	1.80B YoY-19.5%
P/E	23.5× YoY+39.0%	16.9× YoY+66.5%	10.1× YoY-9.5%	11.2× YoY+4.8%	10.7× YoY-35.9%	16.7× YoY-8.6%
P/S	0.8× YoY+52.6%	0.5× YoY+45.1%	0.3× YoY-6.3%	0.4× YoY-0.5%	0.4× YoY+41.8%	0.3× YoY-5.2%
P/B	2.5× YoY+52.8%	1.6× YoY+17.2%	1.4× YoY-9.0%	1.5× YoY+7.1%	1.4× YoY+29.2%	1.1× YoY-20.8%
P/FCF	16.6× YoY+5.1%	15.8× YoY-79.7%	78.0× YoY+545.6%	12.1× YoY+28.4%	9.4× YoY+69.6%	5.5× YoY-67.8%
	4.3% YoY-28.1%	5.9% YoY-39.9%	9.9% YoY+10.5%	8.9% YoY-4.5%	9.4% YoY+56.1%	6.0% YoY+9.4%
	6.0% YoY-4.8%	6.3% YoY+392.9%	1.3% YoY-84.5%	8.3% YoY-22.1%	10.6% YoY-41.1%	18.0% YoY+210.3%
Source filing	10-K	10-K	10-K	10-K/A	10-K	10-K

About this data

Source: SANM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SANM filings on SEC EDGAR → Not investment advice.