SHARPE
Reported results
- Revenue for Q3 2026 was $5.83 billion, an increase of 83% compared to $3.19 billion for Q3 2025.
- GAAP earnings per share (EPS) was $3.26 for Q3 2026, compared to $2.31 for Q3 2025.
- Adjusted EPS (non-GAAP)* was $3.30 for Q3 2026, compared to $1.58 for Q3 2025.
- Adjusted operating margin (non-GAAP)* was 8.5% for Q3 2026, compared to 7.6% for Q3 2025.
- GAAP earnings from operations as a % of revenue was 7.9% for Q3 2026, compared to 10.2% for Q3 2025.
- Free cash flow (non-GAAP)* was $127.5 million for Q3 2026, compared to $88.9 million for Q3 2025.
Guidance
- For Q4 2026, revenue is expected to be $6.275 to $6.575 billion.
- For Q4 2026, adjusted operating margin (non-GAAP)* is expected to be 8.7% at the mid-point of revenue and adjusted EPS (non-GAAP) guidance ranges.
- For Q4 2026, adjusted EPS (non-GAAP)* is expected to be $3.37 to $3.57.
- Updated 2026 annual outlook: revenue of $21.0 billion, adjusted EPS (non-GAAP)* of $11.55, free cash flow (non-GAAP)* of $460 million, and adjusted operating margin (non-GAAP)* of 8.4%.
- Initial 2027 annual outlook: revenue of $40.0 billion, adjusted EPS (non-GAAP)* of $21.50, adjusted operating margin (non-GAAP)* of 9.0%, and capital expenditures between $1.5 billion and $2.0 billion.
Notes
Effective Q3 2026, Celestica renamed the two end markets within its Connectivity & Cloud Solutions (CCS) segment: Communications was renamed Networking, and Enterprise was renamed Compute & Storage. This name change does not impact segment reporting structure, composition of reportable segments, or previously reported financial results.
Price and volatility reaction
The stock moved +12.1% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -11.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 246.65 | 2026-10-26 |
| Close after release | 276.54 | 2026-10-27 |
| Realised move | +12.1% | close to close |
| 30d ATM IV change | -11.4 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-26 (8-K, Item 2.02). Read the original filing on sec.gov.