Benchmark Electronics will release its financial results for the third quarter of fiscal year 2026 after market close on Wednesday, October 28, 2026. The company plans to discuss quarterly performance and business trends during a conference call scheduled for the same day.

Conference Call Details

Management will host a conference call at 5:00 pm Eastern Time to address analyst questions and provide context on the reported figures. Investors and interested parties can access a live webcast and supporting materials via the Investor Relations section of the company's website.

Accessing Information

A replay of the conference call will be made available following the conclusion of the live event. The company directs users to its Investor Relations portal for both the live stream and subsequent archival access.

Company Profile

Benchmark provides comprehensive solutions across the product lifecycle, including technology and engineering design services, global supply chain optimization, and manufacturing services. The company operates in eight countries and serves industries such as advanced computing, communications, aerospace, defense, industrial, medical, and semiconductor capital equipment.

Benchmark Electronics reported second-quarter revenue of $756 million, an 18% year-over-year increase, surpassing the analyst consensus estimate of $720.000 million. The New York Stock Exchange-listed manufacturer also delivered diluted non-GAAP earnings per share (EPS) of $0.75, beating the consensus estimate of $0.69 by 8.7%. This performance positions the company to achieve approximately $3 billion in annual revenue for the first time in its history, driven by strengthening demand across advanced computing, aerospace, and industrial sectors.

David Moezidis, Benchmark’s President and CEO, attributed the results to disciplined execution and growing customer engagement. "Our second quarter results reflect continued momentum across the business, highlighted by revenue and earnings above the high end of our prior guidance along with another record quarter of bookings," Moezidis said. Management noted that the results exceeded previous guidance, prompting an upward revision to the full-year outlook, which now projects revenue growth of approximately 13%.

Financial Performance Overview

Benchmark’s financial results for the second quarter demonstrate improved operational efficiency alongside top-line growth. Gross margin expanded slightly to 10.4%, up from 10.1% in the same period last year. Operating margin rose to 4.0% from 3.2% in the prior year period. The company generated net income of $19.8 million for the quarter, compared to $0.97 million in the corresponding period of the previous fiscal year. Diluted GAAP EPS was $0.55, significantly lower than the non-GAAP figure due to one-time costs.

Sector-Wise Revenue Breakdown

Revenue growth was widespread across Benchmark’s diverse sector portfolio. The Semi-Cap segment led with $223 million in revenue, representing 29% of total sales, up from $190 million in the prior year. The Industrial segment contributed $161 million (21% of total), while the Medical segment generated $134 million (18%). The Aerospace and Defense (A&D) segment brought in $111 million (15%), and Advanced Computing and Communications (AC&C) accounted for $127 million (17%).

What the Numbers Show

The beat against analyst estimates highlights stronger-than-expected demand execution. While GAAP operating margin expanded to 4.0%, non-GAAP operating margin reached 5.2%, indicating that core operational efficiency is stronger than statutory figures suggest. The reconciliation reveals restructuring charges, amortization of intangible assets, and stock-based compensation as key add-backs. Specifically, stock-based compensation expense totaled $6.2 million for the quarter, while restructuring charges and other costs amounted to $1.1 million. This structural gap suggests that underlying operational leverage is improving faster than GAAP earnings capture.

Forward Guidance and Cash Flow

Looking ahead, Benchmark provided guidance for the third quarter, expecting revenue between $755 million and $795 million. Diluted GAAP EPS is projected between $0.51 and $0.57, while non-GAAP EPS guidance ranges from $0.76 to $0.82. The non-GAAP EPS guidance excludes stock-based compensation expense of approximately $8.4 million and other non-operating expenses of $3.5 million to $4.0 million. On the balance sheet, the company maintained a strong cash position, with cash and cash equivalents totaling $314.8 million at the end of the quarter. The cash conversion cycle improved to 59 days from 85 days in the prior year period.