Record Q3 Revenue of $811M, Up 19%, Prompts Raised FY2026 Outlook
BHE sits 76% above its 52-week low of $41.685.
Summary
Benchmark posted record Q3 revenue of $811 million, up 19% year-over-year, and non-GAAP diluted EPS of $0.84, up 35% — earnings growing nearly twice as fast as sales. GAAP EPS of $0.47 was up 21%, though it came in below Q2's $0.55 on higher restructuring and stock-comp costs, and net income was $17.1 million. Management raised its full-year 2026 revenue growth outlook to approximately 16%, extending the increase beyond the $3 billion annual run-rate level set last quarter, and guided Q4 revenue to $815-855 million with non-GAAP EPS of $0.85-0.91. Demand is broadening across the portfolio, with Semi-Cap now 30% of revenue at $241 million and bookings momentum described as healthy. Cash conversion cycle improved to 54 days from 77 a year ago, though free cash flow of $14 million was lighter than prior quarters as inventory built ahead of demand.
At the time of this announcement, BHE was trading at $73.36 on NYSE in the Manufacturing sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $41.69 to $100.41. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.