Filing Flows › Celestica (CLS) › Q2 2026 › vs Q2 2025
Celestica (CLS) Q2 2026 vs Q2 2025 (year over year)
Celestica's revenue rose $1.8B (+62%) from $2.9B in Q2 2025 to $4.7B in Q2 2026. The biggest changes: CCS +$1.7B (+84%); ATS +$69.2M (+8%). Gross margin 12.3% against 12.8% (-0.5 pts).
Celestica, Q2 2026: revenue $4.7B (+62% year over year), operating margin 9.8%, net earnings $369M, operating cash flow $411M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 12.3% | 12.8% | -0.5 pts |
| Operating margin | 9.8% | 9.4% | +0.3 pts |
| Net margin | 7.8% | 7.3% | +0.6 pts |
| Free cash flow margin | 3.1% | 4.1% | -1.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| CCS | $3.8B | $2.1B | $1.7B | +84% |
| ATS | $888M | $819M | $69.2M | +8% |
| Revenue | $4.7B | $2.9B | $1.8B | +62% |
| Gross profit | $578M | $371M | $206M | +56% |
| Cost of revenue | $4.1B | $2.5B | $1.6B | +63% |
| Operating profit | $458M | $272M | $186M | +68% |
| Operating expenses | $119M | $98.5M | $20.7M | +21% |
| Pre-tax earnings | $442M | $257M | $184M | +72% |
| Other expense, net | $16.7M | $15.2M | $1.5M | +10% |
| Research & development | $46.3M | $34.0M | $12.3M | +36% |
| SG&A | $58.1M | $38.9M | $19.2M | +49% |
| Other operating costs | $14.8M | $25.6M | −$10.8M | -42% |
| Net earnings | $369M | $211M | $158M | +75% |
| Income tax | $72.8M | $46.3M | $26.5M | +57% |
| Depreciation & amortization | $44.0M | $45.3M | −$1.3M | -3% |
| Share-based compensation | $19.3M | $15.2M | $4.1M | +27% |
| Working capital & other | $21.2M | $119M | −$97.9M | -82% |
| Operating cash flow | $411M | $152M | $258M | +170% |
| Free cash flow (OCF − capex) | $147M | $120M | $27.2M | +23% |
| Capital expenditures | $264M | $32.5M | $231M | +712% |
Questions
How much did Celestica's revenue grow year over year in Q2 2026?
Celestica's revenue rose $1.8B (+62%) from $2.9B in Q2 2025 to $4.7B in Q2 2026.
What drove Celestica's revenue change in Q2 2026?
CCS +$1.7B (+84%); ATS +$69.2M (+8%).