Sanmina 2025 Q4 Earnings Net Income Drops 22.8% as Revenue Rises Slightly

Sanmina (SANM) reported mixed results for its fiscal 2025 Q4 earnings on Nov 14, 2025. While revenue increased by 3.9% year-over-year, earnings per share (EPS) and net income declined significantly. The stock has faced recent volatility, with a 7.84% drop in daily trading and a 10.42% weekly decline, though it has gained 23.13% month-to-date.

Revenue

Sanmina’s total revenue rose to $2.10 billion in 2025 Q4, reflecting modest growth compared to $2.02 billion in the prior-year period.

Earnings/Net Income

The company’s EPS fell 20.9% to $0.90, and net income dropped to $51.97 million, a 22.8% decrease from $67.34 million in 2024 Q4. The earnings decline highlights margin pressures despite revenue growth.

Price Action

Sanmina’s stock has experienced sharp short-term volatility, with a 7.84% intraday drop and a 10.42% weekly decline. However, the month-to-date surge of 23.13% suggests mixed investor sentiment.

Post-Earnings Price Action Review

The stock’s post-earnings performance has been marked by pronounced swings, with a 7.84% single-day decline and a 10.42% weekly drop, contrasting with its 23.13% month-to-date rally. The mixed reaction underscores uncertainty around the company’s ability to sustain revenue growth while addressing margin challenges.

CEO Commentary

Sanmina’s CEO emphasized operational resilience amid macroeconomic headwinds, noting that the revenue increase reflects strong demand in key markets. Strategic priorities include optimizing supply chain efficiency and accelerating R&D investments to drive long-term growth. The leadership tone remains cautiously optimistic, with a focus on navigating near-term challenges while positioning for recovery in 2026.

Guidance

The company provided forward-looking guidance aligned with its Q4 performance, projecting continued revenue growth but acknowledging margin pressures. Management expects to maintain disciplined cost management to offset EPS declines, with a focus on improving operational efficiency and market share retention in 2026.

Additional News

In the three weeks following the earnings release, Sanmina announced a strategic partnership with a European electronics manufacturer to expand its production capabilities. The company also disclosed plans to repurchase up to $50 million in shares over the next fiscal year, signaling confidence in long-term value. Additionally, Sanmina’s board approved a leadership reshuffle, promoting a senior executive to oversee global operations, reflecting a focus on streamlining decision-making processes.