Q3 25 EPS
$1.58
BEAT +6.03%
Est. $1.49
Q3 25 Revenue
$3.19B
BEAT +5.10%
Est. $3.04B
vs S&P Since Q3 25
+21.3%
BEATING MARKET
CLS +26.2% vs S&P +4.9%
Market Reaction
Did CLS Beat Earnings? Q3 2025 Results
Celestica delivered a standout Q3 2025, with the electronics manufacturing giant beating expectations on both the top and bottom lines as surging AI data center demand continued to power its results. Revenue climbed 27.8% year-over-year to $3.19 bill… Read more Celestica delivered a standout Q3 2025, with the electronics manufacturing giant beating expectations on both the top and bottom lines as surging AI data center demand continued to power its results. Revenue climbed 27.8% year-over-year to $3.19 billion, ahead of the $3.04 billion consensus, while non-GAAP adjusted EPS of $1.58 topped the $1.49 estimate by 6.03%. The primary catalyst was the Connectivity & Cloud Solutions segment, where Hardware Platform Solutions revenue jumped 79% versus a year ago as hyperscalers ramped AI infrastructure spending, lifting overall CCS revenue to roughly $2.41 billion and pushing adjusted operating margin to a company high of 7.6%. Tracking the quarter closely, investors responded sharply, with shares surging roughly 15% in the days following the report. Looking ahead, Celestica raised its full-year 2025 revenue outlook to $12.20 billion and adjusted EPS to $5.90, and introduced 2026 guidance of $16.00 billion in revenue and $8.20 in adjusted EPS, representing 31% and 39% growth respectively, underpinned by demand the company expects to persist into 2027.
Key Takeaways
- • Strong demand from hyperscaler, AI, and data center customers driving CCS segment growth
- • Hardware Platform Solutions revenue growth of 79% YoY
- • Communications end market strength exceeding expectations
- • Stronger than anticipated operating leverage in Communications end market
- • Adjusted operating margin expansion to 7.6%, up from 6.8% in Q3 2024
CLS YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
CLS Revenue by Segment
With YoY comparisons, source: SEC Filings
“We achieved very strong results in the third quarter, with revenue of $3.19 billion and non-GAAP adjusted EPS of $1.58, representing growth of 28% and 52%, respectively, each exceeding the high end of our guidance ranges. In the quarter we achieved strong adjusted operating margin of 7.6%, another high for the company, reflecting the continued strength of our execution.”
— Rob Mionis, Q3 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% |