Sanmina Q2 revenue rises to $4.01 billion; board approves $600 million buyback
Sanmina reported unaudited second-quarter fiscal 2026 revenue of $4.01 billion, up from $1.98 billion a year earlier, and GAAP diluted EPS of $1.70, up from $1.16. The board authorized a $600 million share repurchase program with no expiration date, and the company gave third-quarter revenue guidance of $3.2 billion to $3.5 billion.
Key points
- Q2 revenue of $4.01 billion compared with $1.98 billion in the year-ago quarter; GAAP diluted EPS of $1.70 versus $1.16; non-GAAP diluted EPS of $3.16 versus $1.41
- Q3 fiscal 2026 outlook: revenue of $3.2 billion to $3.5 billion and non-GAAP diluted EPS of $2.55 to $2.85
- Fiscal 2026 outlook: revenue of $13.7 billion to $14.3 billion and non-GAAP diluted EPS of $10.75 to $11.35
- Free cash flow of $342 million in Q2; the company bought back $160 million of stock in the quarter and exhausted its prior repurchase program as of March 28, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 27, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.