Celestica Inc
CLSQ3 2025(CLS Q2 FY2025)Derived35% AI
AI Revenue %
35%
AI Fair Value
$11.2B
AI Revenue (Q)
$1.6B
Total Revenue (Q)
$4.6B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 2025 10-Q (period ended June 30, 2025). Total revenue = $2,893.4M (up 21% from $2,391.9M in Q2 2024). H1 2025 = $5,542.0M. Derived H1 2025 segment data from 9mo minus Q3: ATS=$1,626.3M, Comms=$3,068.9M, Ent=$846.8M. Subtracting estimated Q1 gives Q2: ATS~$797M, Comms~$1,719M, Ent~$377M. Communications surging while Enterprise declining, consistent with AI networking displacing traditional server demand. AI derivation: ~55% of Communications ($1,719M * 0.55 = $945M) + ~15% of Enterprise ($377M * 0.15 = $56.6M) = $1,001.6M. $1,001.6M / $2,893.4M = 34.6%. Rounding to 35%. The Enterprise decline (from $618.1M in Q3 2024 to estimated $377M) suggests customers are shifting to AI-specific configurations sourced through the Communications channel.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue 3 $ 2,893.4 $ 2,391.9 $ 5,542.0 $ 4,600.8
10-Q Q2 2025, Condensed Consolidated Statement of Operations
H1 2025 derived: ATS=$1,626.3M, CCS Comms=$3,068.9M, CCS Ent=$846.8M
Derived from 10-Q Q3 2025 nine-month segment data minus Q3 2025 quarterly data
AI Products Identified (Ring 1)
AI networking switches (800G)GPU server platformsrack-scale AI compute solutionsoptical networking for AI clusters
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
traditional networking equipmentnon-AI enterprise servers and storage
Confidence Tier
DerivedCalculated from reported segments primarily serving AI