Sanmina Posts 59% Year-Over-Year Q4 Sales Growth
SAN JOSE, CA – Sanmina reported stronger-than-expected fourth-quarter results for calendar-year 2025, driven by sharp year-over-year revenue growth, though its outlook for the first quarter of 2026 came in below market expectations.
The electronics manufacturing services provider posted fourth quarter revenue of $3.19 billion, up 59% from the prior year and ahead of estimates. Operating margin for the quarter was 2.3%, down from 4.5% a year earlier, reflecting higher operating costs.
For this year's first quarter, Sanmina forecast revenue of approximately $3.25 billion. While earnings guidance modestly exceeded expectations, the revenue outlook lagged projected demand despite continued year-over-year growth.
“Fiscal 2026 is off to a great start, with Q1 revenue and non-GAAP operating margin at the high end of our outlook,” said Jure Sola, chairman and CEO. “The team also delivered solid cash flow from operations.”
