Financials · BHE

Benchmark Electronics Inc. (BHE) financials

For the twelve months ended Sep 30, 2026, Benchmark Electronics Inc. reported $3.04B of revenue and $56.02M of net income.

Revenue, TTM
$3.04B
Revenue growth, YoY
+12.1%
Net income, TTM
$56.02M
Net income growth, YoY
+59.6%
Net margin
1.8%
Free cash flow, TTM
$116.39M
EPS, diluted, TTM
$1.54
EPS growth, YoY
+62.1%
Cash
$290.66M
Total debt
$154.09M
P/E
40.42
P/S
0.75
Market cap
$2.26B
Annual revenue$2.75B
FY2016FY2025
Annual net income$24.85M
FY2016FY2025
Annual free cash flow$88.35M
FY2016FY2025

BHE revenue and earnings growth

BHE revenueQ3 2026$834.07M

Quarter YoY
+18.7%
QoQ
+7.3%
FY YoY
-0.4%
5Y CAGR
+5.2%
10Y CAGR
+0.8%

BHE revenue was $834.07M in fiscal Q3 2026 (ended Sep 30, 2026), up 18.7% from a year earlier and up 7.3% from the prior quarter. For the full fiscal 2025 it was $2.75B, down 0.4% from fiscal 2024. Compound annual growth was +5.2% over 5 years and +0.8% over 10 years. It rose in 4 of the last 10 fiscal years.

BHE net incomeQ3 2026$17.15M

Quarter YoY
+20.2%
QoQ
-13.8%
FY YoY
-59.3%
5Y CAGR
+12.1%
10Y CAGR
-12.6%

BHE net income was $17.15M in fiscal Q3 2026 (ended Sep 30, 2026), up 20.2% from a year earlier and down 13.8% from the prior quarter. For the full fiscal 2025 it was $24.85M, down 59.3% from fiscal 2024. Compound annual growth was +12.1% over 5 years and -12.6% over 10 years. It rose in 4 of the last 7 fiscal years.

BHE EPSQ3 2026$0.47

Quarter YoY
+20.5%
QoQ
-14.5%
FY YoY
-59.0%
5Y CAGR
+12.3%
10Y CAGR
-9.4%

BHE diluted EPS was $0.47 in fiscal Q3 2026 (ended Sep 30, 2026), up 20.5% from a year earlier and down 14.5% from the prior quarter. For the full fiscal 2025 it was $0.68, down 59.0% from fiscal 2024. Compound annual growth was +12.3% over 5 years and -9.4% over 10 years.

BHE free cash flowQ3 2026$15.38M

Quarter YoY
-38.8%
QoQ
-29.3%
FY YoY
-44.1%
5Y CAGR
+0.6%
10Y CAGR
-2.2%

BHE free cash flow was $15.38M in fiscal Q3 2026 (ended Sep 30, 2026), down 38.8% from a year earlier and down 29.3% from the prior quarter. For the full fiscal 2025 it was $88.35M, down 44.1% from fiscal 2024. Compound annual growth was +0.6% over 5 years and -2.2% over 10 years.

Export CSV

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$2.75B$2.76B$2.97B$3.01B$2.34B$2.13B$2.35B$2.64B$2.45B$2.32B
Cost of revenue$2.39B$2.39B$2.57B$2.63B$2.05B$1.88B$2.08B$2.36B$2.23B$2.11B
Gross profit$270.06M$270.02M$271.07M$255.24M$205.90M$175.05M$185.53M$205.84M$225.92M$214.69M
Selling, general and admin$159.66M$149.46M$147.03M$150.22M$136.70M$122.19M$126.74M$128.45M$130.40M$113.45M
Operating income$76.05M$109.41M$109.66M$90.07M$53.06M$25.13M$28.55M$58.54M$76.83M$76.86M
Interest expense$20.16M$26.92M$31.88M$12.89M$8.47M$8.36M$6.66M$10.47M$9.40M$9.30M
Pre-tax income$61.53M$83.89M$81.22M$84.34M$45.41M$17.29M$27.27M$55.54M$71.00M$69.41M
Income tax$36.68M$22.77M$12.28M$16.11M$9.64M$3.24M$3.84M$32.72M$102.91M$5.48M
Net income$24.85M$61.13M$68.94M$68.23M$35.77M$14.05M$23.43M$22.82M-$31.90M$63.93M
EPS, basic$0.69$1.70$1.94$1.94$1.00$0.38$0.61$0.49-$0.64$1.30
EPS, diluted$0.68$1.66$1.92$1.91$0.99$0.38$0.60$0.49-$0.64$1.28
Diluted shares36.3M36.8M36.0M35.7M36.1M36.8M38.8M46.7M49.7M49.8M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$322.06M$328.03M$283.21M$207.43M$271.75M$395.99M$363.96M$458.10M$742.55M$681.43M
Receivables$391.10M$412.46M$449.40M$491.96M$355.88M$309.33M$324.42M$468.16M$436.56M$440.69M
Inventory$482.54M$553.65M$683.80M$727.75M$523.24M$327.38M$314.96M$309.98M$268.92M$381.33M
Current assets$1.45B$1.51B$1.64B$1.65B$1.35B$1.20B$1.20B$1.40B$1.63B$1.53B
Goodwill$192.12M$192.12M$192.12M$192.12M$192.12M$192.12M$192.12M$192.12M$191.62M$191.62M
Total assets$2.07B$2.13B$2.27B$2.23B$1.90B$1.74B$1.76B$1.90B$2.11B$2.01B
Current liabilities$635.58M$649.11M$713.55M$749.14M$654.38M$481.14M$459.25M$537.16M$478.32M$412.38M
Long-term debt$206.83M$250.46M$326.67M$320.68M$129.29M$131.05M$138.91M$147.28M$193.41M$211.25M
Total debt$206.83M$250.46M$326.67M$320.68M$129.29M$131.05M$138.91M$147.28M$193.41M$211.25M
Total liabilities$971.91M$1.03B$1.20B$1.21B$930.08M$754.65M$745.04M$767.56M$770.17M$622.95M
Shareholders' equity$1.10B$1.11B$1.07B$1.02B$973.80M$989.59M$1.01B$1.13B$1.34B$1.38B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$123.96M$189.22M$174.29M-$177.47M-$2.62M$120.44M$93.14M$76.69M$145.84M$273.09M
Capital expenditures$35.61M$31.31M$73.48M$43.36M$38.79M$34.58M$32.58M$62.81M$50.79M$30.48M
Free cash flow$88.35M$157.92M$100.81M-$220.82M-$41.42M$85.85M$60.56M$13.88M$95.06M$242.61M
Investing cash flow-$32.70M-$32.77M-$77.14M-$41.17M-$41.88M-$34.38M-$34.86M-$68.85M-$56.12M-$21.25M
Financing cash flow-$105.90M-$109.11M-$23.58M$159.23M-$73.95M-$57.53M-$152.84M-$290.97M-$31.35M-$35.31M
Dividends paid$24.43M$23.91M$23.45M$23.16M$23.26M$23.04M$23.29M$21.00M$0$0
Share repurchases$26.85M$5.10M$0$9.39M$40.22M$25.22M$122.11M$211.86M$29.35M$41.93M
Stock-based compensation$17.20M$13.37M$15.29M$18.48M$15.26M$10.40M$10.19M$10.09M$7.82M$5.32M
Depreciation and amortization$47.63M$46.14M$45.41M$44.25M$44.15M$48.79M$48.43M$51.84M$48.67M$55.14M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-0.4%-7.0%-1.5%28.4%10.1%-9.2%-10.9%7.4%5.7%-8.6%
Net income growth, YoY-59.3%-11.3%1.0%90.7%154.5%-40.0%2.7%---33.0%
EPS growth, YoY-59.0%-13.5%0.5%92.9%160.5%-36.7%22.4%---30.1%
Gross margin9.8%9.8%9.1%8.5%8.8%8.2%7.9%7.8%9.2%9.2%
Operating margin2.8%4.0%3.7%3.0%2.3%1.2%1.2%2.2%3.1%3.3%
Net margin0.9%2.2%2.3%2.3%1.5%0.7%1.0%0.9%-1.3%2.8%
Free cash flow margin3.2%5.7%3.4%-7.3%-1.8%4.0%2.6%0.5%3.9%10.4%
Return on equity2.3%5.5%6.4%6.7%3.7%1.4%2.3%2.0%-2.4%4.6%
Return on assets1.2%2.9%3.0%3.1%1.9%0.8%1.3%1.2%-1.5%3.2%
Current ratio2.282.322.292.212.062.502.602.613.413.71
Debt to equity0.190.220.300.320.130.130.140.130.140.15

Source: XBRL data Benchmark Electronics Inc. files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

BHE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BHE$3.04B+12.1%$56.02M1.8%$2.26B
APH$33.05B+57.6%$5.93B18.0%$199.29B
TER$5.00B+74.9%$1.37B27.5%$38.41B
FLEX$30.95B+17.5%$1.04B3.4%$28.88B
VLTO$5.80B+6.4%$1.00B17.3%$28.70B
CLS$18.23B+61.6%$1.25B6.8%$28.11B
JBL$35.95B+20.6%$1.04B2.9%$26.01B
HUBB$6.59B+16.0%$908.90M13.8%$23.33B
LFUS$2.76B+18.7%$37.79M1.4%$9.80B

BHE FAQ

9 questions
  • What is BHE revenue?
    Benchmark Electronics Inc. (BHE) reported $3.04B of revenue for the twelve months ended Sep 30, 2026. That is up 12.1% from the year before. Revenue for fiscal 2025 was $2.75B.
  • Is BHE profitable?
    Yes. Benchmark Electronics Inc. earned $56.02M in net income for the twelve months ended Sep 30, 2026, a net margin of 1.8%.
  • How much cash and debt does BHE have?
    Benchmark Electronics Inc. reported $290.66M in cash and cash equivalents and $154.09M of debt on its most recent balance sheet in SEC filings.
  • How fast is BHE revenue growing?
    Benchmark Electronics Inc.'s revenue changed -0.4% in fiscal 2025, to $2.75B. Its compound annual growth rate was +5.2% over 5 years and +0.8% over 10 years.
  • What is BHE gross margin?
    Benchmark Electronics Inc.'s gross profit was $306.25M on $3.04B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 10.1%.
  • What is BHE free cash flow?
    Benchmark Electronics Inc. generated $116.39M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $170.29M less capital expenditures.
  • What is BHE earnings per share?
    Diluted earnings per share were $1.54 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did BHE last report financial results?
    The latest statements here come from Benchmark Electronics Inc.'s 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this BHE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Benchmark Electronics Inc. files with the SEC. It is provided for information only and is not investment advice.