NASDAQ$SANM

Sanmina Corp · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Sanmina's financial performance was solid, with revenue towards the high end and non-GAAP earnings per share exceeding expectations.

Sanmina reported solid first quarter financial results, with revenue towards the high end and non-GAAP earnings per share exceeding the outlook. The company continues to execute well, as evident in its consistent operating margin and cash generation. Positive trends are expected to continue into fiscal year 2025.

  • Revenue reached $2.01 billion.
  • GAAP diluted EPS was $1.16.
  • Non-GAAP diluted EPS was $1.44.
  • Free cash flow was $47 million.

Headline financials

Total Revenue

$2.01B

Previous: $1.87B+7.0%
EPS (adj)

$1.44

Previous: $0.98+46.9%
GAAP Operating Margin

4.4%

No prior period
Non-GAAP Op Margin

5.6%

No prior period
Capital Expenditures

-$17.1M

Previous: -$34.2M+50.1%
Net Income

$65M

Previous: $57.1M+13.9%
Operating Income

$88.6M

Previous: $87.6M+1.2%
Gross Profit

$168M

Previous: $161M+4.4%
R&D Expense

$7.02M

Previous: $6.29M+11.7%
Stock-Based Comp

$15.3M

Previous: $12.6M+21.5%

Revenue & EPS history

Sanmina · Revenue · Quarterly

$2.01B

Q1 2025+7%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

For the second fiscal quarter ending March 29, 2025, Sanmina expects revenue between $1.9 billion to $2.0 billion and GAAP diluted earnings per share between $1.03 to $1.13.

Tailwinds

  • Revenue between $1.9 billion to $2.0 billion
  • GAAP diluted earnings per share between $1.03 to $1.13
  • Non-GAAP diluted earnings per share between $1.30 to $1.40

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+2.2%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+3.8%

Avg return

30 days after

57%

38 / 67 earnings

Positive

+29.0%

Q1 2024

Best reaction

-21.6%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+14.7%+18.8%+39.9%
Q1 2026-21.6%-22.4%-11.6%
Q4 2025+16.6%+21.4%+14.6%
Q3 2025-2.8%-5.2%-5.5%
Q2 2025-2.1%-0.6%+4.0%
Q1 2025+3.2%+6.6%+4.3%
Q4 2024+4.3%+16.7%+11.4%
Q3 2024-1.0%-12.5%-8.0%
Q2 2024-3.7%-1.9%+6.2%
Q1 2024+29.0%+21.5%+23.9%
Q4 2023-15.2%-10.6%-8.2%
Q3 2023-3.7%-7.8%-7.3%
Q2 2023-5.3%-7.3%+3.9%
Q1 2023+8.3%+11.5%+8.4%
Q4 2022+13.8%+17.6%+11.1%
Q3 2022+5.7%+8.4%+5.4%
Q2 2022+5.8%-0.2%+6.9%
Q1 2022+9.6%+7.0%+10.4%
Q4 2021-8.2%-7.1%-10.4%
Q3 2021-0.7%+0.4%+2.7%
Q2 2021-1.4%+2.8%+3.6%
Q1 2021+2.1%+6.0%+15.1%
Q4 2020+8.2%+12.4%+12.4%
Q3 2020+18.2%+18.2%+13.5%
Q2 2020+0.8%+0.0%+5.6%
Q1 2020-2.7%-7.1%-20.8%
Q4 2019-2.3%-1.8%+3.2%
Q3 2019+2.3%-4.0%-13.5%
Q2 2019+14.4%+15.5%-7.2%
Q1 2019+16.6%+14.3%+17.2%
Q4 2018+7.3%+12.5%+18.3%
Q3 2018-1.0%-0.2%+6.3%
Q2 2018+15.0%+7.8%+7.6%
Q1 2018-5.0%-3.8%-1.3%
Q4 2017-16.2%-15.4%-11.0%
Q3 2017-9.4%-13.7%-13.4%
Q2 2017+0.4%-3.5%-3.8%
Q1 2017+5.8%+9.9%+9.0%
Q4 2016+1.4%+1.4%+17.7%
Q3 2016-14.0%-11.7%-7.7%
Q2 2016+10.0%
Q1 2016+10.6%
Q4 2015+19.9%
Q3 2015+12.4%
Q2 2015-10.6%
Q1 2015-9.0%
Q4 2014+25.8%
Q3 2014+6.4%
Q2 2014+16.9%
Q1 2014+9.6%
Q4 2013-12.5%
Q3 2013+5.5%
Q2 2013+16.8%
Q1 2013-21.6%
Q4 2012+16.8%
Q3 2012+7.2%
Q2 2012+5.7%
Q1 2012+3.7%
Q4 2009-9.6%
Q4 2011-9.6%
Q3 2010-14.8%
Q3 2011-14.8%
Q2 2011+5.0%
Q2 2010+5.0%
Q1 2010-5.4%
Q4 2010-5.4%
Q1 2011-5.4%

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