BENCHMARK ELECTRONICS INC reported second-quarter 2026 results with revenue of $756M and diluted EPS of $0.55, reflecting year‑over‑year revenue growth and improved profitability versus the prior-year quarter.
Financial Highlights
- Revenue was $756M, compared with $642.3M in the prior-year quarter; YoY change 17.7%.
- Net income was $19.9M, compared with $1M in the prior-year quarter.
- Diluted EPS was $0.55, compared with $0.03 in the prior-year quarter.
Business Highlights
- Revenue grew 18% YoY in Q2 2026 driven by higher volumes and an improved mix; gross margin expanded to 10.4%.
- Channel demand strengthened: AC&C sales rose 71% and Semi‑Cap increased 17%, supported by data center spending and capex investment.
- Medical and Industrial end markets accelerated, with Medical up 22% in Q2, bolstering strategic customer partnerships.
- Operational progress included continued closure of the Phoenix site with restructuring largely complete in 2026, improving fixed‑cost absorption.
- Company continued investments in ERP, lean/six‑sigma and its global footprint to manage component shortages and speed time‑to‑volume.
Original SEC Filing:
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