Celestica(US:CLS) Globenewswire·2026-01-28 21:15Core Insights - Celestica Inc. reported strong financial results for Q4 2025, with revenue of $3.65 billion and adjusted EPS of $1.89, both exceeding guidance [3][11][16] - The company raised its annual outlook for 2026, expecting revenue of $17.0 billion and adjusted EPS of $8.75, driven by strong demand for AI-related data center technologies [4][13] - Celestica plans to increase capital investments to $1 billion in 2026 to support anticipated growth, which will be funded organically through operating cash flow [4][24][27] Q4 2025 Highlights - Revenue for Q4 2025 was $3.65 billion, a 44% increase compared to Q4 2024's $2.55 billion [6][11] - Adjusted operating margin for Q4 2025 was 7.7%, up from 6.8% in Q4 2024 [6][11] - The Connectivity & Cloud Solutions (CCS) segment revenue reached $2.86 billion, a 64% increase year-over-year [11][12] 2025 Full Year Results - Total revenue for 2025 was $12.4 billion, a 28% increase from $9.65 billion in 2024 [3][18] - Adjusted EPS for 2025 was $6.05, compared to $3.88 in 2024 [18][19] - Three customers represented over 10% of total revenue, contributing 32%, 14%, and 12% respectively [18] Q1 2026 Guidance - For Q1 2026, Celestica expects revenue between $3.85 billion and $4.15 billion, with an adjusted operating margin of 7.8% at the mid-point [6][8] - The guidance assumes an adjusted effective tax rate of approximately 21% [7][8] Business Updates - Celestica is expanding its manufacturing capacity in the U.S. to support Google's production of TPU systems, with completion expected in 2027 [20][21] - The company is also investing in its manufacturing capacity in Southeast Asia to support Google's TPU platform and networking technologies [21][22] - A new program for the design and manufacturing of a 1.6 terabyte switching platform has been awarded to Celestica by a hyperscaler customer, with production expected to ramp up in 2027 [28]