All Q2 FY26 results →

C.

Celestica Inc.

Q2 FY26Electronic Equipment, Instruments and Components

Celestica Inc. Q2 FY26 Results — Earnings Call Analysis

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹351

Market cap₹40.4K Cr

P/E45.1

Updated29 May 2026

Read4 min read

What the Q2 FY26 call signalled

5 of 5 strong

RevenueStrong growth

MarginMargins slightly up

CapexCapex planned

FundraiseFundraise planned

Order bookOrder book rising

The short version

- Revenue outlook for 2026 raised from $17B to $19B, representing 53% growth. - 2026 Outlook: - Revenue raised from $17 billion to $19 billion, a 53% increase.

From Celestica Inc.'s Q2 FY26 earnings-call transcript · updated 29 May 2026.

Revenue & Sales Performance

Strong growth

Revenue outlook for 2026 raised from $17B to $19B, representing 53% growth.
Expected to grow revenue by over $6.5B in 2026 and significantly more in 2027.
CCS segment anticipated to see approximately 70% revenue growth in 2026.
Communications end market driven by ramping 800G and 1.6T Ethernet switch programs.
Enterprise end market to grow about 130%, led by AI ML compute programs and new storage ramps.
Strong momentum expected to continue in 2027 with mass production of digital native rack scale and higher hyperscaler program demand.
ATS segment revenue outlook increased to mid- to high single-digit growth, supported by capital equipment, HealthTech, and Industrial businesses.

2 more points from Celestica Inc.'s call on revenue

Create a free account to keep reading this call

Profitability & Margins

2026 Outlook:
Revenue raised from $17 billion to $19 billion, a 53% increase.
Adjusted EPS outlook increased from $8.75 to $10.15, representing 68% growth.
Adjusted operating margin outlook improved to 8.1% (from 7.8%).
Free cash flow guidance maintained at $500 million despite increased capital investment.
2027 Outlook:
Expect significantly more than $6.5 billion revenue growth year-over-year.
Strong growth driven by communications, enterprise, AI/ML compute, and new program ramps.
Operating leverage opportunities expected to continue, supporting EPS growth.
Management focused on long-term sustainable EPS growth with disciplined capital allocation.
Q1 2026 Performance:
Adjusted operating margin reached a new high of 8.0%.

2 more points from Celestica Inc.'s call on margins

Create a free account to keep reading this call

See what Celestica Inc. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned

Capital expenditures (CapEx) for 2026 are planned at approximately $1 billion.
CapEx is expected to increase in 2027, with a rough placeholder estimate of $1.5 billion.
Majority of capacity investments are focused on Southeast Asia (Thailand) and the United States (Texas).
New capacity coming online in 2026 and 2027, with additional evaluations underway for supporting growth in 2028 and 2029.
CapEx decisions are tied to strong business cases with strong ROI and paybacks from new program wins.
Investment supports significant growth across networking, compute, and digital native programs.

2 more points from Celestica Inc.'s call on capex

Create a free account to keep reading this call

Fundraising & Capital Structure

The company currently has no outstanding draw on its revolver as of the end of the quarter.
The credit facility was amended recently, increasing the revolver by $1 billion to $1.75 billion.
Terms were improved, including better covenants, interest rates, and extended maturities to 2031.
With the upsized revolver and cash balance, the company has over $2 billion in available liquidity.

2 more points from Celestica Inc.'s call on fundraising

Create a free account to keep reading this call

See what Celestica Inc. said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising

The company has a very strong and growing demand pipeline with new program wins bolstering the networking demand into 2027 and 2028.
Long-term visibility and unprecedented demand are supported by long lead times and NCNR (non-cancelable, non-returnable) contractual terms with customers.
There is a significant order book from major customers in capital equipment, signaling a strong cycle in ATS segment.
Multiple 1.6T switch programs are ramping in late 2026 and early 2027, with mass production for large digital native rack scale and CPO Ethernet switch programs starting in 2027.
Strong order commitments underpin capacity expansions in Southeast Asia (Thailand) and Texas, aligned with customer growth.

2 more points from Celestica Inc.'s call on order book

Create a free account to keep reading this call

Others in Electronic Equipment, Instruments and Components this season

Cognex Corporation (Q2 FY26)
Cognex Corporation Q2 FY26 quarterly results analysis. **Strong start in 2026:** Q1 revenue grew 24% YoY (21% constant currency) with continued momentum into Q2
Arrow Electronics, Inc. (Q2 FY26)
Arrow Electronics, Inc. Q2 FY26 quarterly results analysis. Arrow expects continued operational momentum and profitable growth throughout the year. Market Cap $
Littelfuse, Inc. (Q2 FY26)
Littelfuse, Inc. Q2 FY26 quarterly results analysis. Littelfuse expects continued solid demand supported by strong backlog and customer traction into Q2 2026. M
Zebra Technologies Corporation (Q2 FY26)
Zebra Technologies Corporation Q2 FY26 quarterly results analysis. Full-year sales growth expected between 10% and 14%, reflecting a 1-point increase at the mid

Compare:vs Amphenol Corporation vs Corning Incorporated vs Coherent Corp.

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Celestica Inc. and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Celestica Inc. Q2 FY26 results?

- Revenue outlook for 2026 raised from $17B to $19B, representing 53% growth. - 2026 Outlook: - Revenue raised from $17 billion to $19 billion, a 53% increase.

What is Celestica Inc. share price analysis?

Celestica Inc. currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 45.1 with a market cap of $40,358. Investors should review the full earnings analysis for detailed insights.

Is Celestica Inc. planning capital expenditure?

- Capital expenditures (CapEx) for 2026 are planned at approximately $1 billion.

Keep Celestica Inc. on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.