Benchmark Electronics Reports Record Q3 2026 Revenue and Raises Full-Year Outlook
Benchmark Electronics (BHE) reported strong third-quarter 2026 results, with revenue reaching $811 million, a 19% increase year-over-year. Growth was primarily driven by significant expansions in the semiconductor and advanced computing sectors, including a 50% surge in AC&C revenue following an AI infrastructure capacity expansion. Non-GAAP EPS rose 35% to $0.84, outpacing sales growth due to improved operating leverage and favorable product mix. The company raised its full-year 2026 revenue guidance to exceed $3 billion, representing 16% annual growth. While management noted ongoing supply chain challenges specifically regarding ASIC components, they highlighted improving demand visibility in the semiconductor industry extending into 2029 and 2030. To support current manufacturing ramps, Benchmark is investing in expanded footprints across Malaysia and Thailand.
Tickers: $BHE
Topics: AI Infrastructure Financial Guidance Revenue Growth Semiconductor Sector