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