Filing Flows › Benchmark Electronics (BHE) › Q3 2026
Benchmark Electronics (BHE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Benchmark Electronics (BHE) reported revenue of $811M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +7% from the quarter before. Operating margin was 3.8%, net earnings $17.1M (2.1% of revenue).
Benchmark Electronics, Q3 2026: revenue $811M (+19% year over year), operating margin 3.8%, net earnings $17.1M, operating cash flow $29.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $811M | +7% | +19% |
| Gross profit | $84.4M | +8% | +24% |
| Operating profit | $30.7M | +1% | +30% |
| Net earnings | $17.1M | -14% | +20% |
| Operating cash flow | $29.9M | -14% | -18% |
| Free cash flow | $14.4M | — | -43% |
What changed
Revenue was $810.9M in Q3 2026, up 19% year over year and up 7% from the previous quarter.
Gross margin was 10.4%, up 0.4 points from Q3 2025. Operating profit was $30.7M, a 3.8% margin (up 0.3 points year over year). Of the extra revenue versus Q3 2025, 5% reached operating profit, above the 3% margin then. Operating expenses grew 21% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $17.1M, up 20% year over year. The effective tax rate was 36.1%.
Operating cash flow was $29.9M (down 18% year over year), 174% of net earnings. Non-cash charges added back $12.2M of depreciation and amortization and $9.5M of share-based compensation. Working capital and other items used $8.9M. After itions to property, plant and equipment and software ($15.5M), free cash flow as the company reports it was $14.4M.
Questions
What was Benchmark Electronics' revenue in the third quarter 2026?
Benchmark Electronics (BHE) reported revenue of $811M for the third quarter 2026 (Q3 2026), +19% from a year earlier and +7% from the quarter before.
Was Benchmark Electronics profitable in the third quarter 2026?
Operating profit was $30.7M (3.8% of revenue) and net earnings $17.1M.