Q2 25 EPS
$1.39
BEAT +12.65%
Est. $1.23
Q2 25 Revenue
$2.89B
BEAT +8.42%
Est. $2.67B
vs S&P Since Q2 25
+102.5%
BEATING MARKET
CLS +115.9% vs S&P +13.4%
Market Reaction
Did CLS Beat Earnings? Q2 2025 Results
Celestica delivered a blowout second quarter, posting revenue of $2.89 billion, up 21.0% year over year and ahead of the $2.67 billion consensus by 8.42%, while non-GAAP adjusted EPS of $1.39 topped the $1.23 estimate by 12.65%. Shares soared on the … Read more Celestica delivered a blowout second quarter, posting revenue of $2.89 billion, up 21.0% year over year and ahead of the $2.67 billion consensus by 8.42%, while non-GAAP adjusted EPS of $1.39 topped the $1.23 estimate by 12.65%. Shares soared on the results, which were driven primarily by the Connectivity & Cloud Solutions segment, where Hardware Platform Solutions revenue surged 82% versus the year-ago period on robust hyperscaler and AI data center demand, lifting CCS revenue to roughly $2.07 billion. Adjusted operating margin reached 7.4%, a company high, reflecting stronger-than-anticipated operating leverage across both business segments. The strong quarter prompted Celestica to meaningfully raise its full-year 2025 outlook, with revenue guidance lifted to $11.55 billion from $10.85 billion, adjusted EPS raised to $5.50 from $5.00, and non-GAAP free cash flow now expected at $400 million. For Q3 2025, the company guided revenue of $2.88 billion to $3.13 billion and adjusted EPS of $1.37 to $1.53.
Key Takeaways
- • Strong demand in Communications end market driving revenue above guidance
- • Hardware Platform Solutions revenue surged 82% YoY within CCS segment
- • Operating leverage improvements in both ATS and CCS segments
- • CCS segment margin expanded to 8.3% from 7.0% YoY
- • ATS segment margin improved to 5.3% from 4.6% YoY
- • Adjusted operating margin reached 7.4%, a new company high
CLS YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
CLS Revenue by Segment
With YoY comparisons, source: SEC Filings
“We achieved very strong results in the second quarter, with revenue of $2.89 billion and non-GAAP adjusted EPS of $1.39, representing growth of 21% and 54%, respectively, each exceeding the high end of our guidance ranges. This performance was bolstered by strong adjusted operating margin of 7.4%, another new high for the company, demonstrating the strength of our execution.”
— Rob Mionis, Q2 2025 Earnings Press Release
CLS Earnings Trends
CLS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CLS EPS Trend
Earnings per share: estimate vs actual
CLS Revenue Trend
Quarterly revenue: estimate vs actual
CLS Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.16 | — | $4.05B | -0.02% |
| Q4 25 BEAT FY | $1.76 | $1.89 | +7.39% | $3.65B | +3.74% |
| FY Full Year | $5.93 | $6.05 | +2.09% | $12.39B | +1.37% |
| Q3 25 BEAT | $1.49 | $1.58 | +6.03% | $3.19B | +5.10% |
| Q2 25 BEAT | $1.23 | $1.39 | +12.65% | $2.89B | +8.42% |
| Q1 25 BEAT | $1.12 | $1.20 | +7.60% | $2.65B | +3.57% |