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Celestica (CLS)
NYSE:CLS
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.99Last Year’s EPS
1.23Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, accelerating revenue and earnings momentum driven by CCS (networking and AI compute) with record margins, robust free cash flow, customer design wins (including 1.6T programs) and an upgraded 2026 outlook. Management is executing an aggressive, customer‑driven capital expansion (capex rising to ~$1.0B) to support multiyear hyperscaler demand while maintaining cash generation targets. Key risks include higher inventory and working capital, increased capital intensity, customer concentration, and external supply chain or silicon pricing pressures—risks management believes are manageable but that raise execution and timing sensitivity.Company Guidance
Quarterly and Annual Revenue Outperformance
Q4 revenue of $3.65B was up 44% year‑over‑year and beat the high end of guidance; full year 2025 revenue was $12.4B, up 28% year‑over‑year.
Strong Earnings and Margin Expansion
Q4 adjusted EPS was $1.89, up $0.78 or 70% year‑over‑year and above guidance; full year adjusted EPS was $6.05, up 56% year‑over‑year. Q4 non‑GAAP operating margin was 7.7% (company record) and full year adjusted operating margin was 7.5%, marking a second consecutive year of a 100 basis‑point improvement.
Robust CCS Segment Growth
CCS revenue was $2.86B in Q4, up 64% year‑over‑year and represented 78% of company revenue; communications end market +79% and enterprise +33% in Q4, both above prior guidance.
Hyperscaler & HPS Momentum
HPS revenue totaled $1.4B in Q4, up 72% year‑over‑year and accounted for 38% of total revenue. Company secured a 1.6T networking switch design and manufacturing award with a third hyperscaler and reports 10 active 1.6T programs in the pipeline.
Cash Generation and Return Metrics
Q4 free cash flow was $150M; full year adjusted free cash flow was $458M, up $152M versus 2024 and above prior outlook. Adjusted ROIC was 43%, up 14 percentage points year‑over‑year.
Raised 2026 Financial Outlook
Company increased 2026 revenue outlook to $17.0B (up 37% year‑over‑year) and adjusted EPS outlook to $8.75 (up 45% year‑over‑year), and maintained a free cash flow outlook of $500M.
Planned Strategic Capacity Investments
CapEx for 2026 is expected to be approximately $1.0B (about 6% of current annual revenue outlook) to add capacity (e.g., >700k sq ft in Texas, >1,000,000 sq ft in Thailand), new HPS Design Centers (Austin, Taiwan) and upgrades in Mexico and Japan to support AI/data center ramps.
Healthy Balance Sheet and Capital Return
Cash of $596M, gross debt $724M (net debt $128M), ~ $1.3B available liquidity, gross debt to adjusted EBITDA 0.7x (improved). 2025 share repurchases totaled ~1.36M shares for $151M (avg ~$111).
CLS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CLS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $345.23 | $300.00 | -13.10% |
Oct 28, 2025 | $326.45 | $337.77 | +3.47% |
Jul 28, 2025 | $173.37 | $202.00 | +16.51% |
Apr 24, 2025 | $92.14 | $89.05 | -3.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Celestica (CLS) report earnings?
Celestica (CLS) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Celestica (CLS) earnings time?
Celestica (CLS) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLS EPS forecast?
CLS EPS forecast for the fiscal quarter 2026 (Q1) is 1.99.
