Sanmina Reports Strong Q4 2026 Results Driven by ZT Systems Integration and AI Demand
Sanmina (SANM) delivered exceptional fourth-quarter fiscal 2026 results, reporting revenue of $3.86 billion, an 84% increase year-over-year. This surge was primarily driven by the integration of ZT Systems and robust demand across all end markets, particularly within Cloud and AI infrastructure. The company's non-GAAP diluted EPS rose 166% to $4.43, benefiting from strong operational execution and tariff recoveries. Looking ahead to fiscal 2027, Sanmina issued optimistic guidance with total revenue projected between $17.5 billion and $19.5 billion. Management expects significant acceleration in the Cloud and AI Systems segment as the Helios program ramps up. Despite a substantial increase in inventory due to the ZT Systems acquisition, the company maintains a strong liquidity position of $3.83 billion and continues to prioritize capital expenditures in liquid cooling and automation technologies.
Tickers: $SANM
Topics: Cloud and AI Infrastructure Fiscal Guidance Operating Margin Revenue Growth