BENCHMARK ELECTRONICS INC (BHE) Form 10-Q — Oct 28, 2026
Benchmark Electronics reported Q3 2026 sales of $810.9 million, up 19% from $680.7 million a year earlier, with net income of $17.1 million ($0.47 diluted EPS) versus $14.3 million ($0.39) last year. Nine-month net income jumped to $50.1 million from $18.9 million, boosted by $11.8 million of IEEPA tariff refunds recorded as a reduction to cost of sales following the Supreme Court's February 2026 ruling invalidating those tariffs; refunds are partially offset by reductions to sales reimbursable to customers. Semi-cap was the largest end market at $240.7 million of Q3 revenue, and operating cash flow for the nine months reached $111.6 million.
Key figures
- Eps
- 0.47 diluted (Q3 2026)
- Revenue
- 810898000
- Net Income
- 17147000
- Revenue Yoy
- 19.2% (Q3: $810.9M vs $680.7M); nine months $2,244.2M vs $1,954.8M (+14.8%)
- Total Assets
- 2317270000
- Cash Position
- 290656000
- Shares Outstanding
- 35765341
- Tariff refunds
- $11.8M recorded as reduction to cost of sales (nine months)
- Q3 gross profit
- $84.4M vs $67.9M prior year
- Dividend per share
- $0.17 quarterly
- Q3 semicap revenue
- $240.7M
- Q3 2025 eps diluted
- 0.39
- Nine month net income
- $50.1M vs $18.9M prior year
- Revolving availability
- $576.0M
- Top10 customer concentration
- 50% of nine-month sales
- Capex next 12 months guidance
- $85M to $90M
- Operating cash flow nine months
- $111.6M
- Remaining buyback authorization
- $108.4M
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