Celestica Announces Q1 2026 Financial Results

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Celestica Inc., a global leader in data center infrastructure and advanced technology solutions, announced its financial results for the first quarter ended March 31, 2026 (Q1 2026).

Q1 2026 Highlights

• Revenue: $4.05 billion, increased 53% compared to $2.65 billion for the first quarter of 2025 (Q1 2025).
• GAAP earnings from operations as a % of revenue: 6.7%, compared to 4.9% for Q1 2025.
• Adjusted operating margin (non-GAAP)*: 8.0%, compared to 7.1% for Q1 2025.
• GAAP earnings per share2 (EPS): $1.83, compared to $0.74 for Q1 2025.
• Adjusted EPS2 (non-GAAP)*: $2.16, compared to $1.20 for Q1 2025.
• Repurchased 0.1 million common shares for cancellation for $20 million.

“Celestica delivered a strong first quarter to begin 2026, achieving revenue of $4.05 billion and adjusted EPS (non-GAAP)* of $2.16. Our solid results included adjusted operating margin* of 8.0%, a new milestone for the company,” said Rob Mionis, President and CEO.

“We continue to see accelerating growth from our CCS customer base, alongside increasing profitability in both our CCS and ATS segments. Driven by this momentum, we are raising our 2026 annual outlook to $19.0 billion in revenue and $10.15 in adjusted EPS (non-GAAP)*. Our outlook for 2027 also continues to strengthen from just 90 days ago, supported by new program wins as well as improved forecast visibility with our customers.”

2026 Annual Outlook and Long-Term Demand Update

• Revenue of $19.0 billion (previous outlook $17.0 billion) (1)
• Adjusted EPS (non-GAAP)* of $10.15 (previous outlook $8.75) (1)(2)
• Adjusted operating margin (non-GAAP)* of 8.1% (previous outlook 7.8%) (1)
• Our previous free cash flow (non-GAAP)* outlook of $500 million remains unchanged.

We expect to grow revenue by more than $6.5 billion in 2026 based on our latest Annual Outlook, and we now expect to grow revenue significantly more than this in 2027, as a result of improved visibility and new program wins.