Celestica earnings: next results and guidance
Celestica reports September-quarter results on October 26, 2026. The key thing to watch is actual shipments.
What has Celestica guided for the year?
Celestica expects 2026 revenue of $20,500.0 million and adjusted EPS of $11.30. It also expects an adjusted operating margin of 8.4%. Adjusted EPS is adjusted profit divided among diluted shares, rather than GAAP profit per share. If a fixed $100 million profit produces $10 per share at one share count, adding one million shares can reduce it to about $9.09. Celestica’s August offering added 11.129 million shares and raised about $3.45 billion, giving the company funding but also creating dilution.
The September-quarter guide calls for revenue of $5,250.0–$5,550.0 million. Adjusted EPS is guided to $2.88–$3.08. Growth is uneven: Connectivity & Cloud Solutions is expected to grow 85.0% in 2026, against 10.0% for Advanced Technology Solutions.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Revenue | Year to Dec 2026 | 20,500.0 | 20,500.0 | Jul 27, 2026 |
| Adjusted EPS (non-GAAP) | Year to Dec 2026 | 11.30 | 11.30 | Jul 27, 2026 |
| Adjusted operating margin (non-GAAP) | Year to Dec 2026 | 8.4% | 8.4% | Jul 27, 2026 |
| Free cash flow (non-GAAP) | Year to Dec 2026 | 600.0 | 600.0 | Jul 27, 2026 |
| Capex | Year to Dec 2026 | 1,000.0 | 1,000.0 | Jul 27, 2026 |
Has Celestica kept its past promises?
Management forecast US$10.7 billion in annual revenue, then reported about US$12.4 billion. That supports the view that it delivered above its earlier expectation, although strong customer demand also helped. Performance shares granted in 2023 vested at their maximum in 2026, but undisclosed detailed targets make the difficulty of that hurdle harder for outsiders to judge.
How have Celestica revenue and profit changed?
June 2026 showed a genuine acceleration in Celestica’s operating activity. Revenue reached US$4,698.6 million, up approximately 62.4% from the same quarter a year earlier. Operating income rose to US$458.3 million, although gross margin fell to 12.3%. More profit dollars can therefore accompany a lower margin percentage.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,698.6 | 4,047.0 | 3,654.9 | 3,194.0 | 2,893.4 | 2,648.6 | 2,545.7 | 2,499.5 |
| Gross margin | 12.3% | 10.8% | 11.8% | 13.0% | 12.8% | 10.3% | 11.7% | 10.4% |
| Operating income | 458.3 | 272.1 | 314.4 | 325.0 | 272.5 | 128.8 | 202.6 | 138.0 |
| Net income | 368.8 | 212.3 | 267.5 | 267.8 | 211.0 | 86.2 | 151.7 | 89.5 |
| EPS, diluted | 3.17 | 1.83 | 2.31 | 2.31 | 1.82 | 0.74 | 1.29 | 0.75 |
What this means. The table shows results for each three-month period, but the explanations incorrectly describe them as yearly numbers.
What should investors watch in Celestica’s next results?
Celestica reports September-quarter results on October 26, 2026, followed by its investor-day call on October 27. Investors will need actual shipments, a firmer spending plan and EPS estimates that reflect the new share count.