Sanmina Corporation
Sanmina Reports Strong Q2 2026 Financial Results and Authorizes $600M Share Repurchase
Summary
Sanmina Corporation reported strong financial results for the second quarter of fiscal 2026, with revenue of $4.01 billion, GAAP operating margin of 3.9%, and GAAP diluted EPS of $1.70. The company also announced a new share repurchase program authorized by the Board of Directors to repurchase up to $600 million of its common stock. Sanmina's CEO, Jure Sola, highlighted the strong performance of ZT Systems and the company's outlook for the third quarter and fiscal year 2026, expecting revenue between $13.7 billion to $14.3 billion for the year.
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About Sanmina Corporation
Sanmina Corporation is a leading provider of integrated manufacturing solutions, specializing in the design, manufacturing, and repair of complex electronics components and systems. The company serves several key industries, including communications networks, cloud solutions, computing and storage, defense and aerospace, industrial, medical, automotive, and clean technology. With expertise in advanced interconnect systems and enclosures, Sanmina offers its clients end-to-end supply chain solutions that enhance efficiency and speed-to-market. Known for its engineering excellence and global capabilities, the corporation operates manufacturing facilities across the Americas, Europe, and Asia, enabling it to support a diverse, multinational customer base. Sanmina's strategic focus on high-complexity, mission-critical products ensures its prominent role in the sectors it serves, driving innovation and quality across its service offerings. Positioned as a pivotal player in optimizing operational efficiencies, Sanmina plays an essential role in the infrastructure behind modern technological and industrial requirements, emphasizing its importance in the global market landscape.
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