Celestica Inc
TSX:CLS
Celestica Inc
In the complex world of electronics manufacturing and design, Celestica Inc. stands as a pivotal player, seamlessly integrating engineering expertise with global manufacturing capabilities. Born out of IBM in 1994, Celestica has evolved into a dynamic corporation that caters to the technological demands of an array of industries. At the heart of Celestica's operations is its commitment to supply chain agility and innovation. It leverages its extensive network of facilities across the globe to design, manufacture, and assemble electronic products, all tailored to specific client needs. This global reach allows Celestica to manage resources efficiently and to scale its operations, helping companies bring their products to market swiftly and cost-effectively.
Celestica thrives by being more than just a manufacturer; it acts as a strategic partner that offers end-to-end solutions. Its revenue model hinges not only on production but also on providing services like engineering, design for manufacturability, prototyping, testing, and aftermarket support, including repair and logistics services. This diversification allows Celestica to capture a broad spectrum of the value chain, driving revenue streams that are as varied as its client list, which spans automotive, aerospace, telecommunications, and health tech sectors. By immersing itself deeply into the operational processes of its clients, Celestica ensures long-term partnerships, positioning itself as indispensable to companies navigating the intricacies of global electronics and technological commerce.
In the complex world of electronics manufacturing and design, Celestica Inc. stands as a pivotal player, seamlessly integrating engineering expertise with global manufacturing capabilities. Born out of IBM in 1994, Celestica has evolved into a dynamic corporation that caters to the technological demands of an array of industries. At the heart of Celestica's operations is its commitment to supply chain agility and innovation. It leverages its extensive network of facilities across the globe to design, manufacture, and assemble electronic products, all tailored to specific client needs. This global reach allows Celestica to manage resources efficiently and to scale its operations, helping companies bring their products to market swiftly and cost-effectively.
Celestica thrives by being more than just a manufacturer; it acts as a strategic partner that offers end-to-end solutions. Its revenue model hinges not only on production but also on providing services like engineering, design for manufacturability, prototyping, testing, and aftermarket support, including repair and logistics services. This diversification allows Celestica to capture a broad spectrum of the value chain, driving revenue streams that are as varied as its client list, which spans automotive, aerospace, telecommunications, and health tech sectors. By immersing itself deeply into the operational processes of its clients, Celestica ensures long-term partnerships, positioning itself as indispensable to companies navigating the intricacies of global electronics and technological commerce.
Record Q4 Results: Celestica reported Q4 2025 revenue of $3.65 billion, up 44%, with both revenue and adjusted EPS exceeding the high end of guidance.
Full-Year Outperformance: FY2025 revenue reached $12.4 billion (up 28% YoY) and adjusted EPS was $6.05 (up 56%), both surpassing annual targets.
Raised 2026 Outlook: Management increased 2026 revenue guidance to $17 billion (up 37% YoY) and adjusted EPS to $8.75 (up 45%), citing high confidence in demand.
Major CapEx Expansion: Capital expenditures for 2026 are set at approximately $1 billion (6% of revenue), funding new capacity in response to record bookings, especially for AI and data center growth.
CCS Segment Strength: Communications and enterprise end markets drove 64% YoY segment growth, with 800G switching programs and next-gen AI/ML compute as key drivers.
Free Cash Flow Maintained: 2026 free cash flow outlook held at $500 million despite higher CapEx, with management confident in ongoing cash generation.
Strategic Customer Partnerships: Deepening ties with hyperscalers, including Google, with multiyear program wins and participation in advanced AI/data center hardware.
