Benchmark Reports Strong Q2 Results

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Benchmark Electronics, Inc. announced financial results for the second quarter ended June 30, 2026.

Second quarter 2026 results:

• Revenue of $756 million, up 18% year-over-year
• Diluted GAAP earnings per share of $0.55
• Diluted non-GAAP earnings per share of $0.75, up 36% year-over-year
• Operating cash flow of $35 million with free cash flow of $22 million

"Our second quarter results reflect continued momentum across the business, highlighted by revenue and earnings above the high end of our prior guidance along with another record quarter of bookings,” said David Moezidis, Benchmark’s President and CEO.

Moezidis continued, “Strengthening demand across our end markets, growing customer engagement, and disciplined execution are contributing to broad‑based improvement throughout the portfolio. As a result, we are again raising our full year outlook and now expect revenue growth of approximately 13%, positioning Benchmark to achieve $3 billion in annual revenue for the first time in the company’s history.”

Third Quarter 2026 Guidance

• Revenue between $755 million and $795 million
• Diluted GAAP earnings per share between $0.51 and $0.57
• Diluted non-GAAP earnings per share between $0.76 and $0.82
• Non-GAAP earnings per share guidance excludes stock-based compensation expense of approximately $8.4 million and other non-operating expenses of $3.5 million to $4.0 million, which includes restructuring, amortization of intangibles and other expenses