The earnings call reflects a strong performance with consistent revenue growth and strategic wins, though certain sectors like semi-cap and AC&C face challenges. The company's successful debt refinancing and cash management efforts bolster its financial position. While challenges remain, optimism for continued growth in the latter half of the year is evident.

Company Guidance -

Q3 2025

During the Benchmark Second Quarter 2025 Earnings Conference Call, the company provided detailed guidance and metrics for their financial performance and future expectations. In Q2 2025, Benchmark reported revenue of $642 million and non-GAAP EPS of $0.55, both aligning with their prior guidance. The company achieved a non-GAAP gross margin of 10.2% and an operating margin of 4.7%. They also highlighted a cash balance of $265 million and a free cash outflow of $15 million during the quarter, with expectations of returning to positive free cash flow later in the year. For Q3 2025, Benchmark anticipates revenue between $635 million and $685 million, with a non-GAAP gross margin ranging from 10.2% to 10.4%, and an operating margin between 5% and 5.2%. The company expects non-GAAP diluted EPS to be between $0.56 and $0.62. The effective tax rate for Q3 is projected to be between 23% and 25%, with a weighted average share count of approximately 36.3 million. These projections reflect a positive outlook with anticipated sequential and annual growth across various sectors, particularly in medical and AC&C, despite challenges such as trade restrictions and tariff uncertainties in the semi-cap sector.

Consistent Execution and Revenue Growth

Revenue for the second quarter was $642 million, up 2% sequentially, marking the seventh consecutive quarter of greater than 10% gross margin. Non-GAAP EPS was $0.55, both at the midpoint of prior guidance.

Strong Sector Performance

Double-digit annual revenue growth was achieved in the semi-cap and A&D sectors, with sequential growth in 3 of 5 sectors during the quarter.

Record Bookings and Strategic Wins

The company reported multiyear record bookings, especially in medical and AC&C sectors, which are expected to drive future growth.

Successful Debt Refinancing and Cash Repatriation

The company refinanced debt at attractive rates and repatriated $152 million of cash from China and Thailand, using $95 million to pay down the revolver.

Benchmark Electronics (BHE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BHE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.58 / -	0.57	―	―	―
Jul 30, 2025	2025 (Q2)	0.54 / 0.55	0.57	-3.51% (-0.02)
Apr 29, 2025	2025 (Q1)	0.50 / 0.52	0.55	-5.45% (-0.03)
Jan 29, 2025	2024 (Q4)	0.56 / 0.61	0.58	5.17% (+0.03)
Oct 30, 2024	2024 (Q3)	0.54 / 0.57	0.57	0.00% (0.00)
Jul 30, 2024	2024 (Q2)	0.51 / 0.57	0.48	18.75% (+0.09)
May 01, 2024	2024 (Q1)	0.46 / 0.55	0.42	30.95% (+0.13)
Jan 31, 2024	2023 (Q4)	0.56 / 0.58	0.6	-3.33% (-0.02)
Oct 25, 2023	2023 (Q3)	0.52 / 0.57	0.57	0.00% (0.00)
Jul 31, 2023	2023 (Q2)	0.47 / 0.48	0.5	-4.00% (-0.02)

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

BHE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$39.26	$38.50	-1.94%
Apr 29, 2025	$38.10	$32.39	-14.99%
Jan 29, 2025	$43.26	$42.14	-2.59%
Oct 30, 2024	$44.86	$42.76	-4.68%

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 Benchmark Electronics (BHE) report earnings?

Benchmark Electronics (BHE) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Benchmark Electronics (BHE) earnings time?

Benchmark Electronics (BHE) earnings time is at Oct 22, 2025, After Close (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 BHE EPS forecast?

BHE EPS forecast for the fiscal quarter 2025 (Q3) is 0.58.

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