Filing Flows › Celestica (CLS) › Q3 2026 › vs Q3 2025
Celestica (CLS) Q3 2026 vs Q3 2025 (year over year)
Celestica's revenue rose $2.6B (+83%) from $3.2B in Q3 2025 to $5.8B in Q3 2026. The biggest changes: CCS +$2.5B (+102%); ATS +$176M (+23%). Gross margin 11.0% against 13.0% (-2.0 pts).
Celestica, Q3 2026: revenue $5.8B (+82% year over year), operating margin 7.9%, net earnings $397M, operating cash flow $390M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 11.0% | 13.0% | -2.0 pts |
| Operating margin | 7.9% | 10.2% | -2.3 pts |
| Net margin | 6.8% | 8.4% | -1.6 pts |
| Free cash flow margin | 2.0% | 2.8% | -0.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| CCS | $4.9B | $2.4B | $2.5B | +102% |
| ATS | $957M | $781M | $176M | +23% |
| Revenue | $5.8B | $3.2B | $2.6B | +83% |
| Gross profit | $641M | $416M | $225M | +54% |
| Cost of revenue | $5.2B | $2.8B | $2.4B | +87% |
| Operating profit | $460M | $325M | $135M | +42% |
| Operating expenses | $181M | $91.1M | $89.7M | +98% |
| Pre-tax earnings | $456M | $311M | $145M | +47% |
| Research & development | $51.2M | $36.4M | $14.8M | +41% |
| SG&A | $118M | $38.4M | $79.8M | +208% |
| Other operating costs | $11.4M | $16.3M | −$4.9M | -30% |
| Net earnings | $397M | $268M | $129M | +48% |
| Income tax | $58.6M | $43.1M | $15.5M | +36% |
| Depreciation & amortization | $48.5M | $40.3M | $8.2M | +20% |
| Share-based compensation | $21.3M | $15.6M | $5.7M | +37% |
| Working capital & other | $77.3M | $198M | −$120M | -61% |
| Operating cash flow | $390M | $126M | $264M | +209% |
| Free cash flow (OCF − capex) | $116M | $88.9M | $26.7M | +30% |
| Capital expenditures | $274M | $37.3M | $237M | +635% |
Questions
How much did Celestica's revenue grow year over year in Q3 2026?
Celestica's revenue rose $2.6B (+83%) from $3.2B in Q3 2025 to $5.8B in Q3 2026.
What drove Celestica's revenue change in Q3 2026?
CCS +$2.5B (+102%); ATS +$176M (+23%).