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Sankey diagram of Celestica Inc.. A complete text table follows the diagram.
Hyperscaler switches and compute systems turned Connectivity and Cloud into 80% of the company, but the contract-manufacturing model converts enormous hardware volume into single-digit margins
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All flows are directly reported or exact sums of reported segment lines. The $68.9M reconciliation is the net effect of finance costs, miscellaneous income, stock compensation, total-return-swap adjustments, intangible amortization and restructuring recoveries shown in the segment reconciliation.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Data-center communications | 1 | $2.4B | Networking switches and communications hardware; +69% |
| Enterprise compute | 1 | $830M | AI/ML compute and enterprise systems; +101% |
| Advanced technology markets | 1 | $806M | Aerospace, industrial, healthtech and capital equipment |
| Connectivity & Cloud Solutions | 2 | $3.2B | 80% of company revenue; +76% |
| Advanced Technology Solutions | 2 | $806M | Diversified industrial manufacturing |
| Cloud segment income | 3 | $277M | 8.6% segment margin |
| Cloud hardware & operations | 3 | $3.0B | Components, assembly, supply chain and engineering |
| Advanced-tech segment income | 3 | $48M | 6.0% segment margin |
| Advanced-tech operations | 3 | $758M | Complex manufacturing and lifecycle services |
| Two-segment profit pool | 4 | $325M | Cloud supplies 85% |
| Pretax earnings | 5 | $256M | 6.3% of revenue |
| Corporate, financing & equity adjustments | 5 | $68.9M | Net segment reconciliation |
| Net earnings | 6 | $212M | $1.83 diluted EPS |
| Income tax | 6 | $44M | 17.2% effective rate |
| From | To | Value |
|---|---|---|
| Data-center communications | Connectivity & Cloud Solutions | $2.4B |
| Enterprise compute | Connectivity & Cloud Solutions | $830M |
| Advanced technology markets | Advanced Technology Solutions | $806M |
| Connectivity & Cloud Solutions | Cloud segment income | $277M |
| Connectivity & Cloud Solutions | Cloud hardware & operations | $3.0B |
| Advanced Technology Solutions | Advanced-tech segment income | $48M |
| Advanced Technology Solutions | Advanced-tech operations | $758M |
| Cloud segment income | Two-segment profit pool | $277M |
| Advanced-tech segment income | Two-segment profit pool | $48M |
| Two-segment profit pool | Pretax earnings | $256M |
| Two-segment profit pool | Corporate, financing & equity adjustments | $68.9M |
| Pretax earnings | Net earnings | $212M |
| Pretax earnings | Income tax | $44M |