Celestica's second quarter revenue surged 62% to $4.7B, beating estimates and raising its full-year guidance.

Celestica reported second quarter 2026 revenue of $4.70 billion, up 62% year-over-year, and GAAP EPS of $3.17. The company's adjusted EPS of $2.54 also exceeded analyst expectations. Citing strong performance and strengthening customer forecasts, Celestica raised its annual outlook for 2026 and signaled accelerating growth in 2027.

Key Highlights

• The company raised its full-year 2026 revenue guidance to $20.5 billion from a previous $19.0 billion and its adjusted EPS outlook to $11.30 from $10.15.
• The Connectivity & Cloud Solutions (CCS) segment was the primary growth driver, with revenue increasing 84% year-over-year to $3.81 billion.
• Adjusted operating margin reached a company record of 8.2%, up from 7.4% in the prior year, with management expecting revenue growth to accelerate in 2027 beyond the 65% anticipated for 2026.