Filing Flows › Celestica (CLS) › Q3 2025
Celestica (CLS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 27, 2025
Celestica (CLS) reported revenue of $3.2B for the third quarter 2025 (Q3 2025), +28% from a year earlier and +10% from the quarter before. Operating margin was 10.2%, net earnings $268M (8.4% of revenue).
Celestica, Q3 2025: revenue $3.2B (+28% year over year), operating margin 10.2%, net earnings $268M, operating cash flow $126M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +10% | +28% |
| Gross profit | $416M | +12% | +60% |
| Operating profit | $325M | +19% | +136% |
| Net earnings | $268M | +27% | +199% |
| Operating cash flow | $126M | -17% | +3% |
| Free cash flow | $88.9M | -26% | +16% |
What changed
Revenue was $3.2B in Q3 2025, up 28% year over year and up 10% from the previous quarter. CCS was the largest line at 76% of revenue. CCS added $0.73B year over year (up 43%), 105% of the total change. ATS declined 4%.
Gross margin was 13.0%, up 2.6 points from a year earlier. Operating profit was $0.33B, a 10.2% margin (up 4.7 points year over year). Of the extra revenue versus a year earlier, 27% reached operating profit, above the 6% margin then. Operating expenses fell 26% while revenue rose 28%. The fastest-growing cost line was Research & development (+95%). Net earnings were $0.27B, up 199% year over year. The effective tax rate was 13.9%.
Operating cash flow was $0.13B (up 3% year over year), 47% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of $0.04B left free cash flow of $0.09B.
Questions
What was Celestica's revenue in the third quarter 2025?
Celestica (CLS) reported revenue of $3.2B for the third quarter 2025 (Q3 2025), +28% from a year earlier and +10% from the quarter before.
Was Celestica profitable in the third quarter 2025?
Operating profit was $325M (10.2% of revenue) and net earnings $268M.
Source: Celestica 10-Q on SEC EDGAR.