# Celestica projects 69% revenue rise to $21 billion in 2026

Digest AI · Business & Funding · published 2026-10-30T05:24:00Z

Canonical: https://digestai.news/story/celestica-projects-69-revenue-rise-to-21-billion-in-2026

## Summary

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 $3.26 billion (+68%) and compute‑and‑storage revenue surging 242% to $1.61 billion.

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.

## 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%)

## Why it matters

The guidance shows Celestica could outpace Nvidia’s growth by capitalising on the accelerating AI data‑center build‑out, signalling a new heavyweight in AI‑infrastructure supply chains.

## Sources

1. [Buy This Incredible Artificial Intelligence (AI) Stock Before It Soars 144% (Hint: It Will Outpace Nvidia’s Growth)](https://finance.yahoo.com/technology/ai/articles/buy-incredible-artificial-intelligence-ai-122402793.html) (finance.yahoo.com, 2026-10-30)

## Cite

Digest AI, "Celestica projects 69% revenue rise to $21 billion in 2026", 30 October 2026, https://digestai.news/story/celestica-projects-69-revenue-rise-to-21-billion-in-2026

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