Key Points – Record Q2 performance: Revenue rose 62% year over year to $4.70 billion and adjusted EPS increased 83% to $2.54, driven by strong AI infrastructure and networking demand.
Adjusted operating margin reached a company-record 8.2%. – Raised outlook and accelerating AI pipeline: Celestica lifted its 2026 revenue forecast to $20.5 billion and adjusted EPS outlook to $11.30, while expecting 2027 growth to exceed 2026 levels
The company cited hyperscaler AI/ML programs, AMD racks and an OpenAI custom-rack opportunity as major growth drivers. – Capacity expansion remains essential: Component availability is the company’s primary constraint as demand exceeds reported revenue capacity. Celestica plans approximately $1 billion in 2026 capital expenditures and is expanding facilities in Thailand, Japan and Texas to support upcoming program ramps. – 3 Up-and-Coming Stocks That Could Be the Next NVIDIA Celestica (NYSE:CLS) reported second-quarter 2026 revenue and adjusted earnings per share above the high end of its guidance, supported by demand for AI infrastructure and networking programs. The company also raised its full-year outlook and said it expects revenue growth to accelerate in 2027.
Second-quarter revenue reached $4.70 billion, up 62% from a year earlier, while adjusted EPS rose 83% to $2.54. Non-GAAP operating margin expanded 80 basis points to a company record of 8.2%. – 5 AI Infrastructure Stocks Smart Money Is Buying Before the Next Surge “These results reflect strong operational execution across both segments, alongside record demand from our CCS customers,” Chief Executive Officer Rob Mionis said. He cited technology upgrade cycles in networking and AI compute, as well as significant programs expected to launch in the second half of 2026 and into 2027.