Celestica reported third-quarter revenue of $5.83 billion on October 26, up 83% from a year earlier, and raised its annual sales outlook while lowering its free-cash-flow forecast.
The company now expects 2026 revenue of $21 billion, compared with its previous $20.5 billion outlook. Its adjusted earnings-per-share forecast increased to $11.55 from $11.30.
The cash outlook moved in the opposite direction. Celestica reduced projected free cash flow to $460 million from $600 million, attributing the change primarily to working-capital investment intended to support faster growth in 2027.
Quarterly GAAP earnings per share were $3.26, compared with $2.31 a year earlier. Adjusted EPS was $3.30, versus $1.58.
The two margin measures also diverged: GAAP operating earnings as a share of revenue fell to 7.9% from 10.2%, while adjusted operating margin rose to 8.5% from 7.6%.
The figures are Celestica’s reported results and management forecasts. Adjusted earnings and free cash flow are non-GAAP measures, and future revenue and cash generation remain projections rather than completed results.
Sources: Celestica — October 26 financial release: https://celestica.gcs-web.com/news-releases/news-release-details/celestica-announces-third-quarter-2026-financial-results-and