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Side-by-side financial comparison of CELESTICA INC (CLS) and DAKTRONICS INC /SD/ (DAKT), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
CELESTICA INC is the larger business by last-quarter revenue ($3.7B vs $229.3M, roughly 15.9× DAKTRONICS INC /SD/). DAKTRONICS INC /SD/ runs the higher net margin — 7.3% vs 7.6%, a 0.3% gap on every dollar of revenue. CELESTICA INC produced more free cash flow last quarter ($155.9M vs $14.0M).
Celestica Inc. is a Canadian multinational design, manufacturing, hardware platform, and supply chain electronics manufacturing services (EMS) company, which is headquartered in Toronto, Ontario. The company operates in 50 sites across 15 countries.
Daktronics, Inc. is an American company based in Brookings, South Dakota, that designs, manufactures, sells, and services video displays, scoreboards, digital billboards, dynamic message signs, sound systems, and related products. It was founded in 1968 by two South Dakota State University professors.
CLS vs DAKT — Head-to-Head
Income Statement — Q4 2025 vs Q2 2026
| Metric | | |
|---|---|---|
| Revenue | $3.7B | $229.3M |
| Net Profit | $267.5M | $17.5M |
| Gross Margin | 11.8% | 27.0% |
| Operating Margin | 8.6% | 9.4% |
| Net Margin | 7.3% | 7.6% |
| Revenue YoY | — | 10.0% |
| Net Profit YoY | — | -18.3% |
| EPS (diluted) | $2.29 | $0.35 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $3.7B | $229.3M | ||
| Q3 25 | $3.2B | $219.0M | ||
| Q2 25 | $2.9B | $172.6M | ||
| Q1 25 | $2.6B | $149.5M | ||
| Q4 24 | — | $208.3M | ||
| Q3 24 | $2.5B | $226.1M | ||
| Q2 24 | $2.4B | $215.9M | ||
| Q1 24 | $2.2B | $170.3M |
| Q4 25 | $267.5M | $17.5M | ||
| Q3 25 | $267.8M | $16.5M | ||
| Q2 25 | $211.0M | $-9.4M | ||
| Q1 25 | $86.2M | $-17.2M | ||
| Q4 24 | — | $21.4M | ||
| Q3 24 | $89.5M | $-4.9M | ||
| Q2 24 | $95.0M | $2.5M | ||
| Q1 24 | $91.8M | $10.7M |
| Q4 25 | 11.8% | 27.0% | ||
| Q3 25 | 13.0% | 29.7% | ||
| Q2 25 | 12.8% | 25.0% | ||
| Q1 25 | 10.3% | 24.6% | ||
| Q4 24 | — | 26.8% | ||
| Q3 24 | 10.4% | 26.4% | ||
| Q2 24 | 10.6% | 25.7% | ||
| Q1 24 | 10.1% | 24.5% |
| Q4 25 | 8.6% | 9.4% | ||
| Q3 25 | 10.2% | 10.6% | ||
| Q2 25 | 9.4% | -1.0% | ||
| Q1 25 | 4.9% | -2.4% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | 5.5% | 10.0% | ||
| Q2 24 | 5.6% | 9.0% | ||
| Q1 24 | 5.7% | 4.7% |
| Q4 25 | 7.3% | 7.6% | ||
| Q3 25 | 8.4% | 7.5% | ||
| Q2 25 | 7.3% | -5.5% | ||
| Q1 25 | 3.3% | -11.5% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | 3.6% | -2.2% | ||
| Q2 24 | 4.0% | 1.2% | ||
| Q1 24 | 4.2% | 6.3% |
| Q4 25 | $2.29 | $0.35 | ||
| Q3 25 | $2.31 | $0.33 | ||
| Q2 25 | $1.82 | $0.04 | ||
| Q1 25 | $0.74 | $-0.36 | ||
| Q4 24 | — | $0.22 | ||
| Q3 24 | $0.75 | $-0.11 | ||
| Q2 24 | $0.80 | $0.18 | ||
| Q1 24 | $0.77 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $595.6M | $149.6M |
| Total DebtLower is stronger | $750.5M | — |
| Stockholders' EquityBook value | $2.2B | $297.5M |
| Total Assets | $7.2B | $548.4M |
| Debt / EquityLower = less leverage | 0.34× | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $595.6M | $149.6M | ||
| Q3 25 | $305.9M | $136.9M | ||
| Q2 25 | $313.8M | $127.5M | ||
| Q1 25 | $303.0M | $132.2M | ||
| Q4 24 | — | $134.4M | ||
| Q3 24 | — | $96.8M | ||
| Q2 24 | — | $81.3M | ||
| Q1 24 | — | $76.8M |
| Q4 25 | $750.5M | — | ||
| Q3 25 | $756.7M | — | ||
| Q2 25 | $848.6M | — | ||
| Q1 25 | $915.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.2B | $297.5M | ||
| Q3 25 | $2.0B | $279.8M | ||
| Q2 25 | $1.8B | $271.9M | ||
| Q1 25 | $1.6B | $272.3M | ||
| Q4 24 | — | $260.9M | ||
| Q3 24 | $1.8B | $238.2M | ||
| Q2 24 | $1.8B | $238.8M | ||
| Q1 24 | $1.7B | $236.2M |
| Q4 25 | $7.2B | $548.4M | ||
| Q3 25 | $6.6B | $545.6M | ||
| Q2 25 | $6.2B | $502.9M | ||
| Q1 25 | $5.8B | $524.2M | ||
| Q4 24 | — | $551.9M | ||
| Q3 24 | — | $553.9M | ||
| Q2 24 | — | $527.9M | ||
| Q1 24 | — | $499.2M |
| Q4 25 | 0.34× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $250.6M | $16.5M |
| Free Cash FlowOCF − Capex | $155.9M | $14.0M |
| FCF MarginFCF / Revenue | 4.3% | 6.1% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 2.6% | 1.1% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | 0.94× | 0.94× |
| TTM Free Cash FlowTrailing 4 quarters | $458.3M | $61.7M |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $250.6M | $16.5M | ||
| Q3 25 | $126.2M | $26.1M | ||
| Q2 25 | $152.4M | $22.9M | ||
| Q1 25 | $130.3M | $12.0M | ||
| Q4 24 | — | $43.3M | ||
| Q3 24 | $122.8M | $19.5M | ||
| Q2 24 | $99.6M | $9.5M | ||
| Q1 24 | $108.1M | $9.5M |
| Q4 25 | $155.9M | $14.0M | ||
| Q3 25 | $88.9M | $21.8M | ||
| Q2 25 | $119.9M | $18.0M | ||
| Q1 25 | $93.6M | $7.8M | ||
| Q4 24 | — | $38.0M | ||
| Q3 24 | $76.8M | $14.4M | ||
| Q2 24 | $62.7M | $6.1M | ||
| Q1 24 | $67.7M | $5.1M |
| Q4 25 | 4.3% | 6.1% | ||
| Q3 25 | 2.8% | 10.0% | ||
| Q2 25 | 4.1% | 10.5% | ||
| Q1 25 | 3.5% | 5.2% | ||
| Q4 24 | — | 18.2% | ||
| Q3 24 | 3.1% | 6.4% | ||
| Q2 24 | 2.6% | 2.8% | ||
| Q1 24 | 3.1% | 3.0% |
| Q4 25 | 2.6% | 1.1% | ||
| Q3 25 | 1.2% | 2.0% | ||
| Q2 25 | 1.1% | 2.8% | ||
| Q1 25 | 1.4% | 2.8% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 1.8% | 2.2% | ||
| Q2 24 | 1.5% | 1.6% | ||
| Q1 24 | 1.8% | 2.6% |
| Q4 25 | 0.94× | 0.94× | ||
| Q3 25 | 0.47× | 1.58× | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | 2.02× | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 1.05× | 3.75× | ||
| Q1 24 | 1.18× | 0.88× |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
CLS
| CCS Communications | $2.1B | 58% |
| ATS Segment | $795.1M | 22% |
| CCS Enterprise | $745.2M | 20% |
DAKT
| Live Events Segment | $81.5M | 36% |
| Transferred At Point In Time | $41.9M | 18% |
| Limited Configuration | $39.2M | 17% |
| Other | $30.6M | 13% |
| Transportation Segment | $21.3M | 9% |
| Transferred Over Time | $8.8M | 4% |
| Unique Configuration | $6.0M | 3% |
