Filing Flows › Celestica (CLS) › Q2 2025
Celestica (CLS) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 28, 2025
Celestica (CLS) reported revenue of $2.9B for the second quarter 2025 (Q2 2025), +21% from a year earlier and +9% from the quarter before. Operating margin was 9.4%, net earnings $211M (7.3% of revenue).
Celestica, Q2 2025: revenue $2.9B (+21% year over year), operating margin 9.4%, net earnings $211M, operating cash flow $152M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9B | +9% | +21% |
| Gross profit | $371M | +35% | +46% |
| Operating profit | $272M | +112% | +105% |
| Net earnings | $211M | +145% | +122% |
| Operating cash flow | $152M | +17% | +53% |
| Free cash flow | $120M | +28% | +91% |
What changed
Revenue was $2.9B in Q2 2025, up 21% year over year and up 9% from the previous quarter. CCS was the largest line at 72% of revenue. CCS added $0.45B year over year (up 28%), 90% of the total change.
Gross margin was 12.8%, up 2.2 points from a year earlier. Operating profit was $0.27B, a 9.4% margin (up 3.9 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 6% margin then. Operating expenses fell 19% while revenue rose 21%. The fastest-growing cost line was Research & development (+75%). Net earnings were $0.21B, up 122% year over year. The effective tax rate was 18.0%.
Operating cash flow was $0.15B (up 53% year over year), 72% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.12B. Capital expenditures of $0.03B left free cash flow of $0.12B.
Questions
What was Celestica's revenue in the second quarter 2025?
Celestica (CLS) reported revenue of $2.9B for the second quarter 2025 (Q2 2025), +21% from a year earlier and +9% from the quarter before.
Was Celestica profitable in the second quarter 2025?
Operating profit was $272M (9.4% of revenue) and net earnings $211M.
Source: Celestica 10-Q on SEC EDGAR.