Celestica reported strong second-quarter 2026 results with revenue of $4.70 billion and adjusted diluted EPS of $2.54, each above the high end of guidance. GAAP earnings from operations were 9.8% of revenue and GAAP diluted EPS was $3.17 for the quarter ended June 30, 2026. The company raised its 2026 revenue outlook to $20.5 billion and adjusted EPS outlook to $11.30, and said it expects revenue growth to accelerate in 2027.

Financial Highlights

  • Revenue: $4.70 billion for Q2 2026, up 62% versus Q2 2025 ($2.89 billion).
  • Gross profit: $577.5 million for Q2 2026; GAAP gross margin 12.3% (Q2 2026).
  • Earnings from operations (GAAP): $458.3 million, representing 9.8% of revenue for Q2 2026.
  • Net earnings (GAAP): $368.8 million for Q2 2026; GAAP diluted EPS $3.17.
  • Adjusted diluted EPS (non-GAAP): $2.54 for Q2 2026 (adjusted operating margin 8.2%).

Business Highlights

  • Connectivity & Cloud Solutions (CCS) segment revenue was $3.81 billion in Q2 2026, up 84% year-over-year; CCS segment margin improved to 8.7% (from 8.3%).
  • Advanced Technology Solutions (ATS) segment revenue was $0.89 billion, up 8% year-over-year; ATS segment margin increased to 6.3% (from 5.3%).
  • Hardware Platform Solutions revenue approximately $1.9 billion in the quarter, a 58% increase versus Q2 2025, reflecting strong demand from data center customers.
  • Management cited stronger customer forecasts, improved component supply and new program wins as drivers for raising the full-year 2026 outlook and for expected accelerated growth in 2027.

Original SEC Filing:

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