Celestica: Fiscal 3Q25 Financial Results

Celestica Inc., an active in data center infrastructure and advanced technology solutions, announced its financial results for the third quarter ended September 30, 2025 (Q3 2025).

Q3 2025 Highlights

• Revenue: $3.19 billion, increased 28% compared to $2.50 billion for third quarter of 2024 (Q3 2024)
• GAAP earnings from operations as a % of revenue: 10.2%, compared to 5.5% for Q3 2024
• Adjusted operating margin (non-GAAP): 7.6%, compared to 6.8% for Q3 2024
• GAAP earnings per share (EPS): $2.31, compared to $0.75 for Q3 2024
• Adjusted EPS (non-GAAP): $1.58, compared to $1.04 for Q3 2024

“We achieved very strong results in the third quarter, with revenue of $3.19 billion and non-GAAP adjusted EPS of $1.58, representing growth of 28% and 52%, respectively, each exceeding the high end of our guidance ranges. In the quarter we achieved strong adjusted operating margin of 7.6%, another high for the company, reflecting the continued strength of our execution.” said Rob Mionis, President and CEO, Celestica.

“Driven by these strong results to date and a demand environment that continues to strengthen, we are pleased to increase our 2025 annual outlook. We now expect revenue to reach $12.2 billion, an increase from the prior $11.55 billion, and anticipate non-GAAP adjusted EPS of $5.90, up from our previous estimate of $5.50.”

“Furthermore, we are announcing our 2026 annual outlook with revenue of $16.0 billion and non-GAAP adjusted EPS of $8.20, representing growth of 31% and 39% respectively. The demand outlook from our largest customers, who continue to make significant investments in AI data center infrastructure, remains strong, supporting our 2026 annual outlook with indications of these dynamics continuing into 2027.”

Celestica has two operating and reportable segments: Advanced Technology Solutions (ATS) (comprised of our Aerospace and Defense (A&D), Industrial, HealthTech, and Capital Equipment businesses), and Connectivity & Cloud Solutions (CCS) (consists of our Communications and Enterprise (servers and storage) end markets). Segment performance is evaluated based on segment revenue, segment income, and segment margin (segment income as a percentage of segment revenue).