Celestica's revenue growth has accelerated from ~23% year-over-year in mid-2024 to 84.6% in 2026Q3, with quarterly revenue doubling from $2.4B to $5.8B over ten quarters as hyperscaler AI infrastructure demand concentrates in its CCS segment, supporting a forward P/E of 22.0x and PEG of 0.46.
Price trend, volume and key moving averages
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Revenue growth compounded to 84.6% year-over-year in 2026Q3 with quarterly revenue reaching $5.8B, yet gross margin remained rangebound at 11.0% (versus 10.6% a year prior) and operating margin of 7.9% reflected lumpy SG&A swings up to $118.2M rather than a clean structural expansion.
Celestica enables critical data center infrastructure for AI, cloud, and hybrid cloud solutions, positioning it as a key player in these high-growth sectors.
The company has transformed into a high-value electronic manufacturing and design provider, showcasing strong client relationships and resilient revenue growth.
Celestica's expertise in supply chain solutions and global operations enhances its ability to navigate disruptions and meet demand efficiently.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 26, 2026 | $3.30+12.6% vs $2.93 | $5.7B+6.5% vs $5.4B |
Q3 2026 Jul 27, 2026 | $2.54+10.9% vs $2.29 | $4.7B+8.6% vs $4.3B |
Q2 2026 Apr 27, 2026 | $2.16+3.8% vs $2.08 | $4.0B+0.2% vs $4.0B |
Q1 2026 Jan 28, 2026 | $1.89+8.6% vs $1.74 | $3.6B+2.7% vs $3.5B |
The tech selloff is presenting compelling buying opportunities in these four Strong Buy stocks that are benefiting from booming demand for AI infrastructure and semiconductors.
AMD's latest Q3 earnings outperformance reinforces accelerating rack-scale AI system deployments, directly strengthening demand visibility for Celestica Inc.'s next-generation networking and compute & storage portfolio. Celestica's expanding participation in higher-value HPS programs, reinforced by the 1.6T switching ramp, supports a favorable revenue mix shift, sustained operating leverage, and incremental earnings upside. Although rising capital intensity and tightening credit conditions introduce near-term cash flow risks for CLS, its robust liquidity and resilient ROIC profile remain critical buffers against mounting industry financing pressures.
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Celestica Inc. is rated Strong Buy, leveraging its unique AI server co-design expertise for hyperscalers amid recent sector pullback. Celestica projects rapid revenue growth from $12.4B in 2025 to $40B in 2027, underpinned by awarded programs and visible demand. Margins have expanded from 1-2% to nearly 7%, driven by CLS's shift to design partnerships and custom server solutions.
Benchmark CLS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Celestica Inc. (CLS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $206.68 | $23.76B | 20.21 | 28.46% | 6.83% | 38.32% | — | |
| $239.09 | $25.22B | 24.32 | 20.64% | 2.9% | 73.9% | 0.14% | |
| $69.78 | $25.57B | 25.17 | 8.14% | 3.35% | 19.23% | — | |
| $60.40 | $2.17B | 39.24 | 0.11% | 1.9% | 5.05% | 1.11% | |
| $134.68 | $7.22B | 24.10 | 7.4% | 2.41% | 11.66% | — | |
| $192.17 | $5.14B | 25.85 | 23.11% | 4.08% | 13.34% | — |
Celestica Inc. (CLS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Celestica Inc. (CLS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Oct 26, 2026·SEC
Aug 7, 2026·SEC
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Celestica Inc. (CLS) stock FAQ — growth, dividends, profitability & financials explained
Celestica Inc. (CLS) reported $18.23B in revenue over the trailing twelve months. Revenue was $12.39B in fiscal year 2025. That is 518% more than the $2.00B of fiscal year 1997.
Celestica Inc. (CLS) grew revenue by 61.6% over the trailing twelve months, compared with the twelve months before.
Yes. Celestica Inc. (CLS) earned $1.25B in net income over the trailing twelve months (a 6.8% net margin).
Celestica Inc. (CLS) had a return on equity (ROE) of 38.3% over the trailing twelve months. That is well above the market's typical 10-15%.
Celestica Inc. (CLS) generated $545.4M in free cash flow over the trailing twelve months.
