Loading...
•
Dec 27, 2025
Sanmina Q1 2026 Earnings Report
Sanmina reported solid financial results for Q1 FY2026 with revenue and non-GAAP EPS exceeding expectations.
Key Takeaways
Sanmina delivered strong Q1 FY2026 results, with revenue hitting $3.19 billion and adjusted EPS reaching $2.38. Demand in AI and Cloud infrastructure contributed significantly. Integration of ZT Systems progressed well.
Revenue reached $3.19 billion, in line with the high end of guidance.
Non-GAAP EPS exceeded expectations at $2.38.
Strong demand continued in Communications Networks and Cloud & AI Infrastructure segments.
ZT Systems integration progressed in line with expectations.
Forward Guidance
Sanmina expects Q2 FY2026 revenue between $3.1B and $3.4B and non-GAAP EPS between $2.25 and $2.55, reflecting continued strength in AI and cloud infrastructure.
Positive Outlook
- Revenue guidance up to $3.4B for Q2 FY2026.
- Strong expected demand in AI-driven hardware.
- ZT Systems integration progressing well.
- Solid customer partnerships expected to drive growth.
- Healthy balance sheet supports long-term value.
Challenges Ahead
- Integration risks related to ZT Systems acquisition.
- Possible adverse changes in key end markets.
- Global supply chain and tariff risks.
- Reliance on limited number of major customers.
- Geopolitical uncertainties could impact operations.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...