Celestica | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 2.893 B

Revenue: As of FY2025 Q2, the actual value is USD 2.893 B, beating the estimate of USD 2.669 B.

EPS: As of FY2025 Q2, the actual value is USD 1.82.

EBIT: As of FY2025 Q2, the actual value is USD 257.3 M.

Q2 2025 Financial Highlights

• Revenue: $2.89 billion, increased 21% compared to $2.39 billion for Q2 2024.
• GAAP earnings from operations as a % of revenue: 9.4%, compared to 5.6% for Q2 2024.
• Adjusted operating margin (non-GAAP): 7.4%, compared to 6.3% for Q2 2024.
• GAAP EPS: $1.82, compared to $0.80 for Q2 2024.
• Adjusted EPS (non-GAAP): $1.39, compared to $0.90 for Q2 2024.
• Repurchased: 0.6 million common shares for cancellation for $40.0 million in Q2 2025.

Segment Performance

• CCS Segment Revenue: $2.07 billion, increased 28% compared to Q2 2024; CCS segment margin: 8.3% compared to 7.0% for Q2 2024.
• Hardware Platform Solutions Revenue: Approximately $1.2 billion, increased 82% compared to Q2 2024.
• ATS Segment Revenue: $0.82 billion, increased 7% compared to Q2 2024; ATS segment margin: 5.3% compared to 4.6% for Q2 2024.

Cash Flow

• GAAP Cash Provided by Operations: $152.4 million for Q2 2025, compared to $99.6 million for Q2 2024.
• Free Cash Flow (non-GAAP): $119.9 million for Q2 2025, compared to $65.6 million for Q2 2024.

Outlook / Guidance

• Q3 2025 Guidance: Revenue expected to be between $2.875 billion to $3.125 billion; Adjusted operating margin (non-GAAP) of 7.4% at the mid-point of revenue and non-GAAP adjusted EPS guidance ranges; Adjusted EPS (non-GAAP) expected to be between $1.37 to $1.53.
• 2025 Annual Outlook Update: Revenue expected to reach $11.55 billion (previous outlook $10.85 billion); Adjusted operating margin (non-GAAP) of 7.4% (previous outlook 7.2%); Adjusted EPS (non-GAAP) of $5.50 (previous outlook $5.00); Non-GAAP free cash flow of $400 million (previous outlook $350 million).