Celestica: Fiscal 2Q26 Financial Results

Celestica Inc.¹, a player in data center infrastructure and advanced technology solutions, announced its financial results for the second quarter ended June 30, 2026 (Q2 2026).Q2 2026 Highlights

Revenue: $4.70 billion, increased 62% compared to $2.89 billion for the second quarter of 2025 (Q2 2025)
GAAP earnings from operations as a % of revenue: 9.8%, compared to 9.4% for Q2 2025
Adjusted operating margin (non-GAAP)*: 8.2%, compared to 7.4% for Q2 2025
GAAP earnings per share² (EPS): $3.17, compared to $1.82 for Q2 2025
Adjusted EPS² (non-GAAP)*: $2.54, compared to $1.39 for Q2 2025

“Celestica delivered very strong performance in the second quarter, achieving revenue of $4.70 billion and adjusted EPS (non-GAAP)* of $2.54, each exceeding the high end of our guidance ranges. Our adjusted operating margin (non-GAAP)* of 8.2% represents another new high for the company, demonstrating the strength of our execution,” said Rob Mionis, CEO, Celestica.

“Driven by our strong first-half performance, strengthening second half customer forecasts, and improved component supply, we are pleased to once again raise our 2026 annual outlook. Our 2026 revenue outlook is now $20.5 billion, and our adjusted EPS (non-GAAP)* outlook is now $11.30, reflecting year-over-year growth of 65% and 87%, respectively.”

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“Looking beyond 2026, our visibility continues to increase. Driven by very strong customer demand, and supported by new program wins, we expect revenue growth in 2027 to accelerate beyond the 65% growth rate we are anticipating in 2026. We also anticipate adjusted EPS (non-GAAP)* to grow at a faster rate than our revenue in 2027, driven by higher expected adjusted operating margin (non-GAAP)*.”

¹Celestica has two operating and reportable segments: Connectivity & Cloud Solutions (CCS) (consists of our Communications and Enterprise (servers and storage) end markets) and Advanced Technology Solutions (ATS) (comprised of our Aerospace and Defense, Industrial, HealthTech, and Capital Equipment businesses). Segment performance is evaluated based on segment revenue, segment income, and segment margin (segment income as a percentage of segment revenue). See note 3 to our June 30, 2026 unaudited interim condensed consolidated financial statements (Q2 2026 Interim Financial Statements) for further detail
² Per share information included in this press release is based on diluted shares outstanding unless otherwise noted
* See Use of Non-GAAP Measures and Schedule 1 for, among other items, non-GAAP financial measures (and ratios) included in this press release, their definitions, uses, and a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures. Non-GAAP measures in this press release are denoted with an asterisk (*)