Revenue: As of FY2026 Q3, the actual value is USD 3.464 B.

EPS: As of FY2026 Q3, the actual value is USD 2.12, beating the estimate of USD 1.5.

EBIT: As of FY2026 Q3, the actual value is USD 178.96 M.

Third Quarter Fiscal 2026 Financial Highlights

Sanmina Corporation reported revenue of $3.46 billion for the third quarter ended June 27, 2026. GAAP operating margin was 6.4%, and non-GAAP operating margin was 8.0%. Cash flow from operations totaled $124 million, and free cash flow was $24 million. The company’s ending cash and cash equivalents stood at $1.84 billion.

Net Sales

For the three months ended June 27, 2026, net sales were $3,464,016 thousand, an increase from $2,041,562 thousand for the three months ended June 28, 2025. For the nine months ended June 27, 2026, net sales were $10,666,980 thousand, up from $6,031,990 thousand for the nine months ended June 28, 2025.

Gross Profit

Gross profit for the three months ended June 27, 2026, was $363,305 thousand, compared to $181,050 thousand for the same period in the prior year. For the nine months ended June 27, 2026, gross profit was $959,458 thousand, an increase from $525,200 thousand for the nine months ended June 28, 2025.

Operating Expenses

Total operating expenses for the three months ended June 27, 2026, were $142,080 thousand, up from $85,173 thousand in the prior year period. This included selling, general and administrative expenses of $109,331 thousand (Q3 FY26) versus $69,542 thousand (Q3 FY25), research and development expenses of $8,267 thousand (Q3 FY26) versus $8,078 thousand (Q3 FY25), acquisition, integration and other expenses of $21,075 thousand (Q3 FY26) versus $7,080 thousand (Q3 FY25), amortization of intangibles of $1,831 thousand (Q3 FY26) versus $0 (Q3 FY25), and restructuring expenses of $1,576 thousand (Q3 FY26) versus $473 thousand (Q3 FY25). For the nine months ended June 27, 2026, total operating expenses were $507,627 thousand, compared to $249,097 thousand for the same period in the prior year.

Operating Income

Operating income for the three months ended June 27, 2026, was $221,225 thousand, significantly higher than $95,877 thousand for the three months ended June 28, 2025. For the nine months ended June 27, 2026, operating income was $451,831 thousand, compared to $276,103 thousand for the nine months ended June 28, 2025.

Net Income Attributable to Common Shareholders

Net income attributable to common shareholders for the three months ended June 27, 2026, was $117,129 thousand, an increase from $68,616 thousand for the three months ended June 28, 2025. For the nine months ended June 27, 2026, this figure was $260,061 thousand, up from $197,827 thousand for the nine months ended June 28, 2025.

Cash Flow from Operating Activities

Cash provided by operating activities for the three months ended June 27, 2026, was $124,491 thousand, compared to $200,782 thousand for the three months ended June 28, 2025. For the nine months ended June 27, 2026, cash provided by operating activities was $701,977 thousand, an increase from $421,578 thousand for the nine months ended June 28, 2025.

Free Cash Flow

Free cash flow for the three months ended June 27, 2026, was $23,685 thousand, compared to $168,178 thousand for the three months ended June 28, 2025. For the nine months ended June 27, 2026, free cash flow was $457,781 thousand, up from $341,406 thousand for the nine months ended June 28, 2025.

Ending Cash and Cash Equivalents

Sanmina Corporation reported cash and cash equivalents of $1,844,942 thousand as of June 27, 2026, significantly higher than $926,267 thousand as of September 27, 2025.

Other Financial Items

Interest income for the three months ended June 27, 2026, was $9,800 thousand, and interest expense was - $32,464 thousand. For the nine months ended June 27, 2026, interest income was $26,291 thousand, and interest expense was - $89,324 thousand.

Outlook / Guidance

For the fourth quarter of fiscal 2026, Sanmina Corporation anticipates revenue between $3.3 billion and $3.6 billion, with a non-GAAP operating margin of 7.5% to 8.0%. The company updated its fiscal year 2026 outlook, projecting revenue between $14.0 billion and $14.3 billion and an increased non-GAAP operating margin of 6.85% to 7.25%. Sanmina Corporation expects strong demand for fiscal 2027, with growth ramping throughout the year and into fiscal 2028.