Celestica projects 69% revenue rise to $21 billion in 2026
Celestica (NYSE:CLS), a contract electronics maker that builds hardware for data‑center and cloud infrastructure, said its third‑quarter revenue jumped 83% year over year to $5.83 billion and adjusted earnings more than doubled to $3.30 per share. The company’s connectivity and cloud solutions (CCS) segment, which contributed 84% of total revenue, grew 102% YoY, with networking revenue reaching…
Key points
- Celestica Q3 revenue rose 83% YoY to $5.83 billion, adjusted EPS $3.30
- CCS segment generated 84% of revenue, with compute‑and‑storage up 242% to $1.61 billion
- 2026 guidance lifted to $21 billion revenue (+69%) and EPS $11.55 (+91%)
The firm lifted its 2026 guidance, now forecasting a 69% revenue increase to $21 billion and a 91% rise in adjusted EPS to $11.55. Celestica’s customer base includes AMD, Broadcom and Intel, which are expanding their AI‑related chip programs and rely on Celestica for high‑speed networking components, storage controllers and custom AI chips. Analysts at SemiAnalysis expect global data‑center capacity additions to hit 51.2 GW in 2027, more than double the 25 GW added this year, a trend that should keep demand for Celestica’s services strong.
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finance.yahoo.com · 30 October 2026
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