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Benchmark Electronics, Inc. announced financial results for the third quarter ended September 30, 2025.
Third quarter 2025 results:
- Revenue of $681 million, up 3.5% year-over-year
- GAAP Operating Income of $24 million
- Non-GAAP Operating Income of $33 million
- Diluted GAAP earnings per share of $0.39
- Diluted non-GAAP earnings per share of $0.62
“I am proud of our execution in the third quarter as we achieved the high end of our guidance for revenue and non-GAAP earnings per share,” said Jeff Benck, Benchmark’s CEO.
Benck continued: “During the quarter we saw improved year-over-year performance across the majority of our market sectors and I am encouraged by indicators pointing to stronger growth as we exit the year, including the beginning stages of our ramping enterprise AI opportunities.”
David Moezidis, President and Chief Commercial Officer, further added: “Our bookings momentum continued in the third quarter of 2025, reinforcing the strength we’ve seen all year. This trajectory positions us well for continued growth as we look to 2026 and beyond.”
Fourth Quarter 2025 Guidance
- Revenue between $670 million - $720 million
- Diluted GAAP earnings per share between $0.44 - $0.50
- Diluted non-GAAP earnings per share between $0.62 - $0.68
- Non-GAAP earnings per share guidance excludes stock-based compensation expense of approximately $2.3 million and other non-operating expenses of $4.9 million to $5.3 million which includes restructuring, amortization of intangibles and other expenses.
