Sanmina Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.13B | $7.57B | $8.94B | $7.92B | $6.74B | $6.95B | $8.23B | $7.11B |
| Cost of Revenue | $7.41B | $6.93B | $8.19B | $7.30B | $6.21B | $6.43B | $7.64B | $6.65B |
| Gross Profit | $716.4M | $640.4M | $743.2M | $622.2M | $526.4M | $517.2M | $591.9M | $463.8M |
| Gross Margin | 8.8% | 8.5% | 8.3% | 7.9% | 7.8% | 7.4% | 7.2% | 6.5% |
| Operating Expenses | ||||||||
| Research & Development | $31.1M | $28.5M | $26.4M | $21.3M | $20.9M | $22.6M | $27.6M | $30.8M |
| SG&A Expense | $290.2M | $266.2M | $255.1M | $244.6M | $234.5M | $240.9M | $260.0M | $250.9M |
| Operating Income | $354.6M | $335.5M | $455.7M | $349.5M | $255.9M | $219.1M | $286.1M | $119.4M |
| Operating Margin | 4.4% | 4.4% | 5.1% | 4.4% | 3.8% | 3.2% | 3.5% | 1.7% |
| Interest Expense | — | — | $36.3M | $22.5M | $19.6M | $28.9M | $30.8M | $27.7M |
| Pretax Income | $339.4M | $317.5M | $412.8M | $302.3M | $281.6M | $192.2M | $245.6M | $97.5M |
| Income Tax Expense | $73.2M | $79.8M | $85.3M | $61.9M | $32.1M | $59.0M | $104.1M | $193.1M |
| Net Income | $245.9M | $222.5M | $310.0M | $240.4M | $249.5M | $133.2M | $141.5M | $-95.5M |
| Net Margin | 3.0% | 2.9% | 3.5% | 3.0% | 3.7% | 1.9% | 1.7% | -1.3% |
| EPS (Basic) | $4.56 | $4.00 | $5.36 | $3.92 | $3.82 | $1.93 | $2.05 | $-1.37 |
| EPS (Diluted) | $4.46 | $3.91 | $5.18 | $3.81 | $3.72 | $1.88 | $1.97 | $-1.37 |
| Shares Outstanding (Basic) | 53.9M | 55.6M | 57.8M | 61.3M | 65.3M | 69.0M | 69.1M | 69.8M |
| Shares Outstanding (Diluted) | 55.2M | 57.0M | 59.8M | 63.1M | 67.1M | 70.8M | 71.7M | 69.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |