Sanmina Tops Q3 Estimates and Lifts Full-Year Outlook on Robust Demand
SANM has more than doubled off its 52-week low of $95.49.
Summary
Sanmina reported Q3 revenue of $3.46B and non-GAAP EPS of $3.31, exceeding guidance, and raised its fiscal 2026 outlook. Management cited strong demand and momentum building into fiscal 2027.
Updates
· SEC 10-Q — 10-Q shows Q3 net sales $3.464B, net income attributable to common shareholders $117.1M, diluted EPS $2.12; nine-month net sales $10.667B, net income $260.1M, diluted EPS $4.71.
Key Events · Earnings and Guidance · SANM
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Q3 Revenue at High End of Outlook
Revenue of $3.46 billion came in at the top of the company's guidance range, up 70% year-over-year driven by the ZT Systems acquisition and organic growth.
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Non-GAAP EPS Beats Guidance
Non-GAAP diluted EPS of $3.31 exceeded the outlook, reflecting strong operating leverage with non-GAAP operating margin of 8.0%.
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Full-Year Guidance Raised
Fiscal 2026 revenue outlook increased to $14.0–$14.3 billion (from $13.7–$14.3B) and non-GAAP EPS raised to $11.90–$12.20 (from $10.75–$11.35).
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Strong Demand Outlook into Fiscal 2027
Management sees strong demand for fiscal 2027, with growth ramping throughout the year and into fiscal 2028, supported by customer order momentum and capacity expansion.
Analysis · SANM · Manufacturing
Driven by the ZT Systems acquisition and broad-based demand, Sanmina delivered Q3 revenue at the high end of its outlook and non-GAAP EPS well above guidance. The company raised its full-year revenue and EPS forecasts and signaled accelerating growth into fiscal 2027 and 2028. This clear beat-and-raise quarter materially improves the earnings trajectory for a $11.2B manufacturer.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1070 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SANM was trading at $195.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $11.2B. The 52-week trading range was $95.49 to $288.68. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.