# EDGAR Filing Document

**Accession Number:** 0000863436
**File Stem:** 0001193125-26-191967
**Filing Date:** 2026-4
**Character Count:** 34476
**Document Hash:** 7b3c47d9a67b93db205bbebf5c99777a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-191967.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001193125-26-191967

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 26

**CONFORMED PERIOD OF REPORT**: 20260429

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BENCHMARK ELECTRONICS INC
- **CENTRAL INDEX KEY:** 0000863436
- **STANDARD INDUSTRIAL CLASSIFICATION:** PRINTED CIRCUIT BOARDS [3672]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 742211011
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-10560
- **FILM NUMBER:** 26916972

**BUSINESS ADDRESS:**
- **STREET 1:** 56 SOUTH ROCKFORD DRIVE
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281
- **BUSINESS PHONE:** 623-300-7000

**MAIL ADDRESS:**
- **STREET 1:** 56 SOUTH ROCKFORD DRIVE
- **CITY:** TEMPE
- **STATE:** AZ
- **ZIP:** 85281

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

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## FORM 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported):** April 29, 2026<br>

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BENCHMARK ELECTRONICS, INC.

**(Exact name of Registrant as Specified in Its Charter)**

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---

| | | |
|:---|:---|:---|
| Texas | 001-10560 | 74-2211011 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 56 South Rockford Drive |  |  |
| Tempe**,** Arizona |  | 85288 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code:** (623) 300-7000<br>

Not Applicable

**(Former Name or Former Address, if Changed Since Last Report)**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

---

| | |
|:---|:---|
| **<br>Title of each class** | **<br>Name of each exchange on which registered** |
| Common Stock, par value $0.10 per share<br> BHE | The New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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## Item 2.02 Results of Operations and Financial Condition.
On April 29, 2026, Benchmark Electronics, Inc. (the "Company") issued a press release announcing its results of operations for the quarter ended March 31, 2026. A copy of the press release and accompanying investor presentation are attached hereto as Exhibits 99.1 and 99.2, respectively, and incorporated by reference herein. The information disclosed under this Item 2.02, including Exhibits 99.1 and 99.2 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

## Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

---

| | |
|:---|:---|
| <u>Exhibit No.</u> | <u>Description</u> |
| 99.1 | [<u>Press release, dated April 29, 2026</u>](bhe-ex99_1.htm) |
| 99.2 | [<u>Investor presentation, dated April 29, 2026</u>](bhe-ex99_2.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  |  |  | BENCHMARK ELECTRONICS, INC. |
| Date: | April 29, 2026 | By:  | /s/ Stephen J. Beaver |
|  |  |  | Stephen J. Beaver, Esq.<br>Senior Vice President, General Counsel and Chief Legal Officer |

---

------

## Exhibit 99.1

## Exhibit 99.1

## <u>FOR IMMEDIATE RELEASE</u> 
**BENCHMARK REPORTS FIRST QUARTER 2026 RESULTS AND RAISES FULL YEAR OUTLOOK**

TEMPE, AZ, April 29, 2026 – Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the first quarter ended March 31, 2026.

First quarter 2026 results and 2026 outlook:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Revenue of $677 million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Diluted GAAP earnings per share of $0.36

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Diluted non-GAAP earnings per share of $0.58

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Operating cash flow of $47 million with free cash flow of $29 million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Increasing full year revenue growth outlook to 9-10%

"Our first quarter results have increased our confidence in 2026 and are a clear sign of the benefits from the customer-first initiatives we began implementing over two years ago and continue to build on today," said David Moezidis, Benchmark's President and CEO.

Moezidis continued, "We are seeing improvement across a broad cross-section of our business, led by strengthening in Semi-Cap and continued momentum in AC&C and Medical. This positions us for sequential and year-over-year growth through the remainder of the year, with full year revenue now expected to be in the 9–10% range, up from prior expectations of mid-single-digit growth."

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended | Three Months Ended | Three Months Ended |
| **Summary GAAP Items** | March 31, | December 31, | March 31, |
| (Amounts in millions, except per share data) | 2025 | 2025 | 2026 |
| Revenue | $632 | $704 | $677 |
| Gross Margin | 10.0% | 10.5% | 10.2% |
| Operating Margin | 1.9% | 2.9% | 3.2% |
| Diluted EPS | $0.10 | $0.17 | $0.36 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended | Three Months Ended | Three Months Ended |
| **Summary Non-GAAP Items**<sup>(1)</sup> | March 31, | December 31, | March 31, |
| (Amounts in millions, except per share data) | 2025 | 2025 | 2026 |
| Revenue | $632 | $704 | $677 |
| Gross Margin | 10.1% | 10.6% | 10.3% |
| Operating Margin | 4.6% | 5.5% | 4.8% |
| Diluted EPS | $0.52 | $0.71 | $0.58 |

---

<sup>(1)</sup> A reconciliation of non-GAAP results to the most directly comparable GAAP measures and a discussion of why management believes these non-GAAP results are useful are included below.

------

**First Quarter and Fiscal Year Revenue by Sector**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | Three Months Ended | Three Months Ended | Three Months Ended | Three Months Ended | Three Months Ended | Three Months Ended |
|  | March 31, | March 31, | December 31, | December 31, | March 31, | March 31, |
| (In millions) | 2025 | 2025 | 2025 | 2025 | 2026 | 2026 |
| Semi-Cap | $195 | 32% | $171 | 24% | $191 | 28% |
| Industrial | 137 | 22 | 144 | 20 | 133 | 20 |
| A&D | 122 | 19 | 137 | 20 | 120 | 18 |
| Medical | 104 | 16 | 144 | 21 | 128 | 19 |
| AC&C | 74 | 11 | 108 | 15 | 105 | 15 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total | $632 | 100% | $704 | 100% | $677 | 100% |

---

**Cash Conversion Cycle**

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended | Three Months Ended | Three Months Ended |
|  | March 31, | December 31, | March 31, |
|  | 2025 | 2025 | 2026 |
| Days in accounts receivable | 53 | 50 | 50 |
| Days in contract asset | 25 | 23 | 25 |
| Days in inventory | 89 | 69 | 75 |
| Days in accounts payable | (61) | (58) | (67) |
| Days in advance payments from customers | (20) | (17) | (16) |
| &nbsp;&nbsp;&nbsp;&nbsp;Days in cash conversion cycle | 86 | 67 | 67 |

---

**Second Quarter 2026 Guidance**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Revenue between $700 million and $740 million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Diluted GAAP earnings per share between $0.51 and $0.57

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Diluted non-GAAP earnings per share between $0.65 and $0.71

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•Non-GAAP earnings per share guidance excludes stock-based compensation expense of approximately $6.1 million and other non-operating expenses of $0.8 million to $1.2 million, which includes restructuring, amortization of intangibles and other expenses.

**First Quarter 2026 Earnings Conference Call**

The Company will host a conference call to discuss the results today at 5:00 p.m. Eastern Time. The live webcast of the call and accompanying reference materials will be accessible by logging on to the Company's website at www.bench.com. A replay of the broadcast will also be available on the Company's website.

**About Benchmark Electronics, Inc.**

Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: advanced computing and communications (AC&C), aerospace and defense (A&D), industrial, medical, and semiconductor capital equipment (Semi-Cap). Benchmark's global operations include facilities in seven countries and its common shares trade on the New York Stock Exchange under the symbol BHE.

------

**For More Information, Please Contact:**

Paul Mansky, Investor Relations and Corporate Development

1-623-300-7052 or paul.mansky@bench.com

------

**Forward-Looking Statements**

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts and may include words such as "anticipate," "believe," "intend," "plan," "project," "forecast," "strategy," "position," "continue," "estimate," "expect," "may," "will," "could," "predict," and similar expressions of the negative or other variations thereof. In particular, statements, expressed or implied, concerning the Company's outlook and guidance for second quarter and fiscal year 2026 results, future operating results or margins, the ability to generate sales and income or cash flow, expected revenue mix, the Company's business strategy and strategic initiatives, the Company's expectations regarding enterprise AI opportunities, anticipated growth in bookings, and the Company's expectations regarding restructuring charges, stock-based compensation expense, amortization of intangibles, and capital expenditures, among others, are forward-looking statements. Although the Company believes these statements are based on and derived from reasonable assumptions, they involve risks, uncertainties and assumptions that are beyond the Company's ability to control or predict, relating to operations, markets and the business environment generally, including those discussed under Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and in any of the Company's subsequent reports filed with the Securities and Exchange Commission. Events relating to the possibility of customer demand fluctuations, supply chain constraints, continuing inflationary pressures, the effects of foreign currency fluctuations and high interest rates, the potential of another U.S. government shutdown and the economic impacts, volatility and uncertainty resulting therefrom, geopolitical uncertainties including continuing hostilities and tensions, trade restrictions and sanctions, tariffs and retaliatory countermeasures, the ability to utilize the Company's manufacturing facilities at sufficient levels to cover its fixed operating costs, or write-downs or write-offs of obsolete or unsold inventory, may have resulting impacts on the Company's business, financial condition, results of operations, and the Company's ability (or inability) to execute on its plans. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes, including the future results of the Company's operations, may vary materially from those indicated. Undue reliance should not be placed on any forward-looking statements. Forward-looking statements are not guarantees of performance. All forward-looking statements included in this document are based upon information available to the Company as of the date of this document, and the Company assumes no obligation to update.

**Non-GAAP Financial Measures**

Management discloses certain non-GAAP information to provide investors with additional information to analyze the Company's performance and underlying trends. These non-GAAP financial measures exclude restructuring charges, stock-based compensation expense, amortization of intangible assets acquired in business combinations, certain legal and other settlement losses (gains), customer insolvency losses (recoveries), asset impairments, other significant non-recurring costs and the related tax impacts, including discrete tax items, and other non-GAAP tax adjustments, of all of the above. A detailed reconciliation between GAAP results and results excluding certain items ("non-GAAP") is included in the following tables attached to this document. In situations where a non-GAAP reconciliation has not been provided, the Company was unable to provide such a reconciliation without unreasonable effort due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the non-GAAP adjustments may be recognized. Management uses non-GAAP measures that exclude certain items in order to better assess operating performance and help investors compare results with our previous guidance. This document also references "free cash flow", a non-GAAP measure, which the Company defines as cash flow from operations less additions to property, plant and equipment and purchased software. The Company's non-GAAP information is not necessarily comparable to the non-GAAP information used by other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income or other data prepared in accordance with GAAP as a measure of the Company's profitability or liquidity. Readers should consider the types of events and transactions for which adjustments have been made.

------

**Benchmark Electronics, Inc. and Subsidiaries**

Condensed Consolidated Statements of Income

(Amounts in Thousands, Except Per Share Data)

(UNAUDITED)

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | March 31, | March 31, |
|  | 2025 | 2026 |
| Sales | $631764 | $677280 |
| Cost of sales | 568584 | 608046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 63180 | 69234 |
| Selling, general and administrative expenses | 38800 | 42409 |
| Amortization of intangible assets | 1204 | 1204 |
| Restructuring charges and other costs | 11417 | 3747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income from operations | 11759 | 21874 |
| Interest expense | (5295) | (3649) |
| Interest income | 2732 | 1900 |
| Other expense, net | (802) | (1703) |
| &nbsp;&nbsp;&nbsp;&nbsp;Income before income taxes | 8394 | 18422 |
| Income tax expense | 4750 | 5399 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | $3644 | $13023 |
| Earnings per share: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | $0.10 | $0.36 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | $0.10 | $0.36 |
| Weighted-average number of shares outstanding: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic | 36052 | 35766 |
| &nbsp;&nbsp;&nbsp;&nbsp; Diluted | 36605 | 36276 |

---

------

**Benchmark Electronics, Inc. and Subsidiaries**

Condensed Consolidated Balance Sheets

(In Thousands)

(UNAUDITED)

---

| | | |
|:---|:---|:---|
|  | December 31, | March 31, |
|  | 2025 | 2026 |
| Assets |  |  |
| &nbsp;&nbsp;Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $322064 | $324908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restricted cash | 336 | 333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable, net | 391101 | 375902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Contract assets | 182870 | 190934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventories | 482544 | 507447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 69226 | 60461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 1448141 | 1459985 |
| &nbsp;&nbsp;Property, plant and equipment, net | 223784 | 235086 |
| &nbsp;&nbsp;Operating lease right-of-use assets | 102664 | 104725 |
| &nbsp;&nbsp;Goodwill and other long-term assets | 297126 | 296397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $2071715 | $2096193 |
| Liabilities and Shareholders' Equity |  |  |
| &nbsp;&nbsp;Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Current installments of long-term debt | $3750 | $3750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 403222 | 451146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance payments from customers | 115545 | 110966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued liabilities | 113060 | 103359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 635577 | 669221 |
| Long-term debt, net of current installments | 206826 | 201030 |
| &nbsp;&nbsp;Operating lease liabilities | 98689 | 99546 |
| &nbsp;&nbsp;Other long-term liabilities | 30820 | 29895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 971912 | 999692 |
| &nbsp;&nbsp;Shareholders' equity | 1099803 | 1096501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and shareholders' equity | $2071715 | $2096193 |

---

------

**Benchmark Electronics, Inc. and Subsidiaries**

Condensed Consolidated Statements of Cash Flows

(In Thousands)

(UNAUDITED)

---

| | | |
|:---|:---|:---|
|  | Three Months Ended | Three Months Ended |
|  | March 31, | March 31, |
|  | 2025 | 2026 |
| Cash flows from operating activities: |  |  |
| &nbsp;&nbsp;Net income | $3644 | $13023 |
| &nbsp;&nbsp;Depreciation and amortization | 11768 | 11902 |
| &nbsp;&nbsp;Stock-based compensation expense | 4397 | 5401 |
| &nbsp;&nbsp;Accounts receivable | 39870 | 14170 |
| &nbsp;&nbsp;Contract assets | (4410) | (8064) |
| &nbsp;&nbsp;Inventories | (5182) | (25558) |
| &nbsp;&nbsp;Accounts payable | 24194 | 42323 |
| &nbsp;&nbsp;Advance payments from customers | (15755) | (4579) |
| &nbsp;&nbsp;Other changes in working capital and other, net | (27023) | (1590) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash provided by operating activities | 31503 | 47028 |
| Cash flows from investing activities: |  |  |
| &nbsp;&nbsp;Additions to property, plant and equipment and software | (4156) | (18270) |
| &nbsp;&nbsp;Other investing activities, net | 50 | 2172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash used in investing activities | (4106) | (16098) |
| Cash flows from financing activities: |  |  |
| &nbsp;&nbsp;Share repurchases | (7996) | (5799) |
| &nbsp;&nbsp;Net debt activity | 18312 | (5938) |
| &nbsp;&nbsp;Other financing activities, net | (12785) | (14163) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net cash used in financing activities | (2469) | (25900) |
| Effect of exchange rate changes | 2385 | (2189) |
| Net increase in cash and cash equivalents and restricted cash | 27313 | 2841 |
| &nbsp;&nbsp;Cash and cash equivalents and restricted cash at beginning of year | 328027 | 322400 |
| &nbsp;&nbsp;Cash and cash equivalents and restricted cash at end of period | $355340 | $325241 |

---

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**Benchmark Electronics, Inc. and Subsidiaries**

Reconciliation of GAAP to Non-GAAP Financial Results

(Amounts in Thousands, Except Per Share Data)

(UNAUDITED)

---

| | | | |
|:---|:---|:---|:---|
|  | Three Months Ended | Three Months Ended | Three Months Ended |
|  | March 31, | Dec 31, | March 31, |
|  | 2025 | 2025 | 2026 |
| Income from operations (GAAP) | $11759 | $20143 | $21874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring charges and other costs | 1342 | 2952 | 3747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | 4397 | 2121 | 5401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of intangible assets | 1204 | 1204 | 1204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset impairments |  | 11102 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Legal and other settlement loss | 10275 | 1174 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other |  | 60 |  |
| Non-GAAP income from operations | $28977 | $38756 | $32380 |
| GAAP operating margin | 1.9% | 2.9% | 3.2% |
| Non-GAAP operating margin | 4.6% | 5.5% | 4.8% |
| Gross profit (GAAP) | $63180 | $74169 | $69234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | 431 | 498 | 559 |
| Non-GAAP gross profit | $63611 | $74667 | $69793 |
| GAAP gross margin | 10.0% | 10.5% | 10.2% |
| Non-GAAP gross margin | 10.1% | 10.6% | 10.3% |
| Selling, general and administrative expenses | $38800 | $38769 | $42409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | (3966) | (1622) | (4842) |
| &nbsp;&nbsp;&nbsp;&nbsp;Legal and other settlement loss | (200) | (1174) | (154) |
| &nbsp;&nbsp;&nbsp;&nbsp;Other |  | (60) |  |
| Non-GAAP selling, general and administrative expenses | $34634 | $35913 | $37413 |
| Net income (GAAP) | $3644 | $5973 | $13023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Restructuring charges and other costs | 1342 | 2952 | 3747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation expense | 4397 | 2121 | 5401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of intangible assets | 1204 | 1204 | 1204 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset impairments |  | 11102 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Legal and other settlement loss | 10275 | 1174 | 154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other |  | 60 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Income tax adjustments<sup>(1)</sup> | (1645) | 1182 | (2525) |
| Non-GAAP net income | $19217 | $25768 | $21004 |
| Diluted earnings per share: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted (GAAP) | $0.10 | $0.17 | $0.36 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted (Non-GAAP) | $0.52 | $0.71 | $0.58 |
| Weighted-average number of shares used in calculating diluted earnings per share: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted (GAAP) | 36605 | 36193 | 36276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted (Non-GAAP) | 36605 | 36193 | 36276 |
| Net cash provided by operations | $31503 | $58676 | $47028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Additions to property, plant and equipment and software | (4156) | (10590) | (18270) |
| Free cash flow | $27347 | $48086 | $28758 |

---

<sup>(1)</sup> This amount represents the tax impact of the non-GAAP adjustments, including discrete tax items, using the applicable effective tax rates.

------

## Exhibit 99.2

![Slide 1](bhe-ex99_2s1.jpg)

Benchmark Electronics First Quarter Fiscal Year 2026 Results April 29, 2026

------

![Slide 2](bhe-ex99_2s2.jpg)

Forward-Looking Statements This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified as any statement that does not relate strictly to historical or current facts and may include words such as "anticipate," "believe," "intend," "plan," "project," "forecast," "strategy," "position," "continue," "estimate," "expect," "may," "will," "could," "predict," and similar expressions of the negative or other variations thereof. In particular, statements, expressed or implied, concerning the Company's outlook and guidance for second quarter and fiscal year 2026 results, future operating results or margins, the ability to generate sales and income or cash flow, expected revenue mix, the Company's business strategy and strategic initiatives, the Company's repurchases of shares of its common stock, regarding enterprise AI opportunities, anticipated growth in bookings, the Company's expectations regarding restructuring charges, stock-based compensation expense, amortization of intangibles, capital expenditures, and the Company's intentions concerning the payment of dividends, among others, are forward-looking statements. Although the Company believes these statements are based on and derived from reasonable assumptions, they involve risks, uncertainties and assumptions that are beyond the Company's ability to control or predict, relating to operations, markets and the business environment generally, including those discussed under Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and in any of the Company's subsequent reports filed with the Securities and Exchange Commission. Events relating to the possibility of customer demand fluctuations, supply chain constraints, continuing inflationary pressures, the effects of foreign currency fluctuations and high interest rates, the potential of another U.S. government shutdown and the economic impacts, volatility and uncertainty resulting therefrom, geopolitical uncertainties including continuing hostilities and tensions, trade restrictions and sanctions, tariffs and retaliatory countermeasures, the ability to utilize the Company's manufacturing facilities at sufficient levels to cover its fixed operating costs, or write-downs or write-offs of obsolete or unsold inventory, may have resulting impacts on the Company's business, financial condition, results of operations, and the Company's ability (or inability) to execute on its plans. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes, including the future results of the Company's operations, may vary materially from those indicated. Undue reliance should not be placed on any forward-looking statements. Forward-looking statements are not guarantees of performance. All forward-looking statements included in this document are based upon information available to the Company as of the date of this document, and the Company assumes no obligation to update. Non-GAAP Financial Information Management discloses certain non-GAAP information to provide investors with additional information to analyze the Company's performance and underlying trends. These non-GAAP financial measures exclude restructuring charges, stock-based compensation expense, amortization of intangible assets acquired in business combinations, certain legal and other settlement losses (gains), customer insolvency losses (recoveries), asset impairments, other significant non-recurring costs and the related tax impacts, including discrete tax items, and other non-GAAP tax adjustments, of all of the above. A detailed reconciliation between GAAP results and results excluding certain items ("non-GAAP") is included in the following tables attached to this document. In situations where a non-GAAP reconciliation has not been provided, the Company was unable to provide such a reconciliation without unreasonable effort due to the uncertainty and inherent difficulty predicting the occurrence, the financial impact and the periods in which the non-GAAP adjustments may be recognized. Management uses non-GAAP measures that exclude certain items in order to better assess operating performance and help investors compare results with our previous guidance. This document also references "free cash flow", a non-GAAP measure, which the Company defines as cash flow from operations less additions to property, plant and equipment and purchased software. The Company's non-GAAP information is not necessarily comparable to the non-GAAP information used by other companies. Non-GAAP information should not be viewed as a substitute for, or superior to, net income or other data prepared in accordance with GAAP as a measure of the Company's profitability or liquidity. Readers should consider the types of events and transactions for which adjustments have been made.

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Today's Speakers Bryan Schumaker EVP and Chief Financial Officer David Moezidis President & Chief Executive Officer

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First Quarter Results and Outlook GAAP AND NON-GAAP REVENUE $677M NON-GAAP GROSS MARGIN 10.3% NON-GAAP EPS $0.58 NON-GAAP OPERATING MARGIN 4.8% Revenue and non-GAAP EPS achieved higher end of the guidance range Performance led by strength in Medical, AC&C and Semi-Cap Increasing 2026 revenue growth outlook to 9-10% Operating margin expansion expected to grow EPS faster than revenue throughout the year \* See APPENDIX 1 for a reconciliation of GAAP to non-GAAP Financial Results

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Business Highlights Well-Positioned Portfolio Momentum across multiple markets High complexity delivering attractive gross margin Sector balance positions for sustainable growth Customer Focus Driving Results Sustained bookings momentum and improved program mix Expanded share of wallet and program wins across strategic customers Execution driving growth across multiple sectors Continued Financial Discipline Operating Income and earnings expected to grow faster than revenue Working capital management driving Free Cash Flow generation Consistent capital allocation approach Investing in Growth Expanding PT and cleanroom capacity Continuing to invest in our people Advancing automation and AI to improve manufacturing productivity

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Financial Results (Non-GAAP) THREE MONTHS ENDED March 31 2025 THREE MONTHS ENDED December 31 2025 THREE MONTHS ENDED March 31 2026 ($ MILLIONS) Revenue $632 $704 $677 Gross Margin 10.1% 10.6% 10.3% Operating Margin 4.6% 5.5% 4.8% Effective Tax Rate 25.0% 25.4% 27.4% EPS $0.52 $0.71 $0.58 \* See APPENDIX 1 for a reconciliation of GAAP to non-GAAP Financial Results

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First Quarter 2026 Sector Performance 19% 28% 18% 15% 20% $677 MILLION Sales ($MM) YoY Sector Mix Semi-Cap $191 (2%) Industrial (3%) $133 Aerospace & Defense $120 (2%) Medical $128 24% AC&C $105 41%

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Trended Non-GAAP Results (Dollars in Millions, except EPS) \* See APPENDIX 1 for a reconciliation of GAAP to non-GAAP Financial Results

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Balance Sheet and Cash Flow Update Debt Structure (In Millions) Q1-26 Senior Secured Term Loan, net of $2 Debt Costs $145 Revolving Credit Facility Drawn Amount $60 Borrowing Capacity Available under Revolver $486 (1) Free Cash Flow (FCF), a non-GAAP measure, is defined as net cash provided by (used in) operations less capex Generated $29 million in Free Cash Flow while supporting investment in growth Balance sheet remains strong, with net cash at $120 million Returned $12 million to investors through $6 million of repurchases and $6 million in recurring dividend (In Millions) Q1-25 Q4-25 Q1-26 Cash Flows from Operations $32 $59 $47 Free Cash Flow (1) $27 $48 $29 Share Repurchases $8 $1 $6 Cash $355 $322 $325

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Working Capital Trends Q1-25 Q2-25 Q3-25 Q4-25 Q1-26 Accounts Receivable Days 53 52 50 50 50 Contract Asset Days 25 25 26 23 25 Inventory Days 89 83 75 69 75 Accounts Payable Days (61) (55) (56) (58) (67) Advance Payments from Customers Days (20) (20) (18) (17) (16) Cash Conversion Cycle Days 86 85 77 67 67

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Q2 2026 Guidance Q2-26E Net Sales $700M to $740M Gross Margin – non-GAAP 10.4% to 10.6% Operating Margin – non-GAAP 5.1% to 5.3% Interest and Other Expenses ~$3.5M Non-operating Expenses $0.8M to $1.2M Stock-Based Compensation ~$6.1M Effective Tax Rate 26% to 27% Diluted EPS – GAAP $0.51 to $0.57 Diluted EPS – non-GAAP $0.65 to $0.71 Weighted-Average Shares ~36.3M

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Sector Outlook Semi-Cap Cyclical improvement expected to continue Penang 4 ramping operations to support 2026 growth Expecting sequential and year-over-year growth throughout rest of 2026 Industrial In line with steady performance for the year Transportation, construction and agriculture showing strength Improved global macro could bolster sector performance Expecting significant growth in 2026 Strong momentum in enterprise AI clusters and on-prem cloud infrastructure Won Supplier of the Year at HPE Advanced Computing & Communications Double-digit growth expected to continue MedTech bookings support longer-term growth Benefiting from end-market strength and new program ramps Medical Commercial air remains stable Defense moderating after two years of double-digit growth Momentum in space applications continues Aerospace & Defense

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Summary 1. Ahead of Initial Growth Expectations Semi-Cap cycle is proving out and AI-related opportunities in AC&C are scaling Medical strength continues, while Industrial and A&D are tracking as expected Increasing 2026 growth outlook from mid-single digits to 9-10% 2. Positioned to Deliver Operating Leverage Expecting Operating Income and Earnings to grow faster than revenue Sequential and year-over-year Operating Income and EPS growth throughout the remainder of the year 3. Continuing to Invest Expanding capacity to meet our customers' growing needs Investing in our people to deliver customer success Advancing automation and AI to improve manufacturing productivity

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Appendix

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APPENDIX 1 – Reconciliation of GAAP to Non-GAAP (Dollars in thousands, except per share data – Unaudited)