Celestica Inc. Q2 2026 Earnings Recap

Celestica’s Q2 results beat expectations with revenue and adjusted EPS surpassing guidance, driving a 3.2% stock gain. Strong demand across CCS and ATS segments, along with margin expansion, underpin the positive market reaction.

Key Takeaways

• Revenue reached $4.7 billion, up 62% year-over-year, exceeding the high end of guidance.
• Adjusted EPS was $2.54, an 83% increase and above the high end of the guidance range.
• Adjusted operating margin improved 80 basis points to 8.2%, a company record driven by operating leverage.
• CCS segment revenue rose 84%, led by 800G networking and accelerated AI/ML compute program ramps; CCS accounted for 81% of revenue.
• ATS revenue grew 8% and margin expanded 100 basis points, benefiting from both volume growth and a higher engineering product mix.