Released
FY2026 Q2
Earnings ReviewSANM
BEAT산미나
Sanmina Corporation · 데이터센터 EMS
Tue, April 28, 2026·After Market Close
SanminaEMSZT SystemsAI infraData center
01Wall Street Consensus
EPS$2.40
Revenue$3.29B
02Earnings Results
EPS$3.16+31.7%
Revenue$4.01B+21.9%
After-Hours ReactionAH +2.41%
Key Takeaways
- Non-GAAP EPS $3.16 — beat consensus $2.40 by +31.7%, +125% YoY
- Revenue $4.01B — +102% YoY, largest-ever quarter
- ZT Systems revenue well above guide — AI-compute shipments accelerating
- FY2026 revenue guide raised to $13.7-14.3B
- FY2026 operating-margin guide raised to 6.3-6.6%
- FY2026 non-GAAP EPS guide raised to $10.75-11.35
- $600M new buyback authorization
- AI infrastructure and data-center demand are the key drivers
Key Checkpoints
- 01ZT Systems revenue mix
- 02AI infrastructure EMS revenue
- 03Non-GAAP operating margin
- 04FY2026 guidance
- 05New buyback authorization
Upside Catalysts
- ZT Systems AI compute shipments accelerating
- New data-center customers
- Larger buyback authorization
Risk Factors
- Customer concentration
- Margin volatility
- Quarter-to-quarter lumpiness
Detail
SEPS 서프라이즈 히스토리
Beat1Miss0Beat률 100%
분기별 EPS 컨센서스 대비 서프라이즈(%) — 막대: EPS, 점선: 매출
컨센서스 대비 실제 EPS/매출 서프라이즈 (%)