Sanmina reported third quarter fiscal 2026 results with revenue of $3.46 billion and GAAP diluted EPS of $2.12, while adjusted (non-GAAP) diluted EPS was $3.31. GAAP operating margin was 6.4% and non-GAAP operating margin was 8.0% for the quarter ended June 27, 2026. The company reported cash from operations of $124 million and free cash flow of $24 million, and provided an updated fiscal 2026 outlook with higher non-GAAP earnings guidance.
Financial Highlights
- Revenue: $3.464 billion for the three months ended June 27, 2026.
- Gross profit: $363.3 million for the quarter (as reported).
- GAAP operating income: $221.2 million; GAAP operating margin: 6.4%.
- GAAP net income attributable to common shareholders: $117.1 million; GAAP diluted EPS: $2.12.
- Non-GAAP operating income: $275.8 million; Non-GAAP operating margin: 8.0%; Non-GAAP diluted EPS: $3.31.
Business Highlights
- Order momentum: Company secured additional customer orders across core Sanmina and ZT Systems during the quarter, supporting demand outlook for fiscal 2027 and into fiscal 2028.
- Integration and capacity: Expanded capabilities and increased capacity while progressing on vertical integration and realizing synergies from the ZT Systems acquisition.
- Strategic investments: Continued strategic investments to support future growth and to ramp operations throughout fiscal 2027.
- Operational cash generation: Generated positive cash flow from operations of $124 million in the quarter, enabling continued investment and integration activities.
Original SEC Filing:
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