Quarterly ResultApr 29, 2026, 04:53 PM
BHE Q1 Revenue $677M; Non-GAAP EPS $0.58; Raises FY Outlook to 9-10% Growth
AI Summary
Benchmark Electronics, Inc. reported first-quarter 2026 revenue of $677 million and diluted non-GAAP EPS of $0.58. The company generated $47 million in operating cash flow and $29 million in free cash flow. Driven by improvements in Semi-Cap, AC&C, and Medical sectors, Benchmark raised its full-year revenue growth outlook to 9-10% from previous mid-single-digit expectations. The company also provided Q2 2026 guidance, expecting revenue between $700 million and $740 million.
Key Highlights
- Q1 2026 revenue was $677 million.
- Diluted non-GAAP EPS reached $0.58.
- Full-year revenue growth outlook increased to 9-10%.
- Operating cash flow was $47 million, with free cash flow of $29 million.
- Medical sector revenue grew 24% YoY to $128 million.
- AC&C sector revenue increased 41% YoY to $105 million.
- Q2 2026 revenue guidance is $700 million to $740 million.
- Q2 2026 non-GAAP diluted EPS guidance is $0.65 to $0.71.