Celestica Inc. Q2 2026 Results and Outlook Update
Celestica Inc. (NYSE:CLS, TSX:CLS) announced its second‑quarter 2026 financial results on 28 July 2026. The company posted adjusted earnings per share of $2.54, beating the analyst consensus estimate of $2.30 by $0.24. Revenue for the quarter reached $4.7 billion, surpassing the consensus forecast of $4.38 billion and representing a 62 % year‑over‑year increase from $2.89 billion in Q2 2025. Management attributed the strong performance to higher‑than‑anticipated customer demand and robust operational execution.
In response to the results, Celestica raised its full‑year 2026 adjusted EPS guidance to $11.30, up from the prior outlook of $10.15, and above the analyst consensus of $10.30. The revenue outlook was also increased to $20.5 billion, up from $19.0 billion, exceeding the consensus estimate of $19.22 billion; the midpoint of $20.5 billion implies 65 % YoY growth.
CEO Rob Mionis stated, "Celestica delivered very strong performance in the second quarter, achieving revenue of $4.70 billion and adjusted EPS of $2.54, each exceeding the high end of our guidance ranges. 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."
Following the announcement, Celestica’s shares rose 9.3 % in trading. The company’s adjusted operating margin for the quarter improved to 8.2 %, up from 7.4 % in the comparable prior‑year period.
For the third quarter of 2026, Celestica projects revenue in the range of $5.25 billion to $5.55 billion, with a midpoint of $5.40 billion, which is above the consensus estimate of $5.01 billion. Adjusted EPS for Q3 is expected to be between $2.88 and $3.08, with a midpoint of $2.98, also exceeding the analyst consensus of $2.69.
The company indicated that revenue growth is expected to accelerate in 2027, surpassing the 65 % growth rate anticipated for 2026.