Loading company financials…
NEW YORK STOCK EXCHANGE, INC. · Electrical Equipment · CIK 0000863436
$65.93
-7.47% · live
Updated
$2.35B market value
From BENCHMARK ELECTRONICS INC's FY2025 10-K, filed Feb 24, 2026 · read the filing
BENCHMARK ELECTRONICS designs and makes computer chips. It took in $2.75B last year, which makes it a mid-sized company. Of every dollar it sells, about 1 cents is left as profit.
The financial picture is led by debt and accounting, with profitability worth watching, while growth remain weak.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Recent open-market selling by De Greef-Safft Anne, not under a pre-arranged plan.
$492.6K sold in the last 120 days · Read the filing
These are things the company filed or that a published model flagged — not predictions, and not a reason on their own to buy or sell anything.
Financial health
Generally healthy, with a few things to watch.
From BENCHMARK ELECTRONICS INC's FY2025 annual filing · share price scored separately
Largest year-over-year changes in FY2025
Profit
$61.1M → $24.9M
Free cash flow
$157.9M → $88.4M
Earnings per share
$1.70 → $0.70
Operating income
$109.4M → $76.0M
Measured against FY2024, from the 10-K filed Feb 24, 2026
Deteriorated: -59.3%
$61.1M to $24.9MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
How the latest move compares (quote live), and what was published around it
BHE fell 7.47% on the latest quote. The average Technology company tracked here moved −1.27%, and the S&P 500 −1.04%. That is 6.2 points below its sector and 6.4 points below the market.
No filing from BHE and no news item about it appeared in the last 3 days.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week
Loading price history…
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 3.9% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It keeps about 1 cents of every dollar of sales as profit, earning $24.9M last year.
No. Sales shrank 0.4% last year.
No — it holds more cash than debt, with $107.7M left over after paying off every borrowing. For every $1 it owes, it owns $2.13 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 98 cents of every dollar of profit, which leaves little room for the payment to survive a bad year. It paid out 20% of the cash its operations generated. It has paid in each of the last 8 years.
MixedNext payment expected around , projected from how regularly it has paid before rather than from a date the company has announced.
Figures from the FY2025 annual filing
Last year it earned $24.9M and generated $124.0M of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202510-K · Feb 24, 2026Filing for FY2025 | FY202410-K · Feb 24, 2026Filing for FY2024 | FY202310-K/A · Feb 24, 2026Filing for FY2023 | FY202210-K · Feb 27, 2024Filing for FY2022 | FY202110-K · Feb 25, 2022Filing for FY2021 | ChangeFY2025 vs FY2024 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | $2.75B | $2.76B | $2.97B | $3.01B | $2.34B | −0.4% |
| Cost of revenue | $2.39B | $2.39B | $2.57B | $2.63B | $2.05B | +0.1% |
| Gross profit | $270.1M | $270.0M | $271.1M | $255.2M | $205.9M | +0.0% |
| Gross marginGross profit ÷ revenueWhat is this? | 9.8% | 9.8% | 9.1% | 8.5% | 8.8% | +0.0 pts |
| Selling, general and administrative | $159.7M | $149.5M | $147.0M | $150.2M | $136.7M | +6.8% |
| Operating income | $76.0M | $109.4M | $109.7M | $90.1M | $53.1M | −30.5% |
| Operating marginOperating income ÷ revenueWhat is this? | 2.8% | 4.0% | 3.7% | 3.0% | 2.3% | −1.2 pts |
| Interest expense | $20.2M | $26.9M | $31.9M | $12.9M | $8.5M | −25.1% |
| Income before tax | $61.5M | $83.9M | $81.2M | $84.3M | $45.4M | −26.7% |
| Net income | $24.9M | $61.1M | $68.9M | $68.2M | $35.8M | −59.3% |
| Net marginNet income ÷ revenueWhat is this? | 0.9% | 2.2% | 2.3% | 2.3% | 1.5% | −1.3 pts |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $0.6967 | $1.70 | $1.93 | $1.94 | $1.02 | −59.0% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Had shares withheld to cover taxes — 2,204 shares at $74.37 ($163.9K)
Holds 40,357 shares after this filing.
Had shares withheld to cover taxes — 4,569 shares at $84.17 ($384.6K)
Holds 80,995 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Reported another event
Read the filingQuarterly report for Q2 FY2026
Revenue +16.8% · Profit margin +2.4 pts · Operating income +47.7% — against Q2 FY2025
Read the filingWrite down why you are following BENCHMARK ELECTRONICS INC, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 34 subsidiaries named in its 10-K, incorporated across 15 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from BHE's 10-K for fiscal year 2025 (period ending 2025-12-31, filed Feb 24, 2026), reported under the US GAAP taxonomy. View the source filing.
4 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. All four had enough reported figures. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 9 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2025 | 7.0 | 7/9 | 10-K, filed Feb 24, 2026 |
| FY2024 | 7.0 | 7/9 | 10-K, filed Feb 24, 2025 |
| FY2023 | 7.0 | 7/9 | 10-K, filed Feb 27, 2024 |
| FY2022 | 5.0 | 5/9 | 10-K, filed Feb 24, 2023 |
| FY2021 | 8.0 | 6/9 | 10-K, filed Feb 25, 2022 |
| FY2020 | 7.0 | 6/9 | 10-K, filed Mar 1, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
7 of 9 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's.
3.75
In the safe zone
For this model, above 2.99 is safe and below 1.81 is distress.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
-2.73
Below the threshold — nothing unusual flagged
Scores above -1.78 are the ones the model associates with earnings manipulation.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2025 filing as filed with the SEC.
Deteriorated: -44.1%
$157.9M to $88.4MCritical
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Deteriorated: -59.0%
$1.70 to $0.70Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Deteriorated: -30.5%
$109.4M to $76.0MSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: -18.1%
$257.0M to $210.6MSignificant
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Deteriorated: −1.2 pts
4.0% to 2.8%Notable
Why it matters: What survives each sale after running the business. A falling operating margin beside a steady gross margin points at overheads — wages, marketing, research — rather than pricing.
Deteriorated: −1.3 pts
2.2% to 0.9%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Changed: +13.8%
$31.3M to $35.6MNotable
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Q2 FY2026 against Q2 FY2025, from the 10-Q filed Jul 29, 2026 — read it.
Improved: +47.7%
$20.5M to $30.3MCritical
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +1945.5%
$972.0K to $19.9MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +1945.1%
$0.03 to $0.55Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +16.8%
$665.7M to $777.5MSignificant
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +21.0%
$64.8M to $78.4MSignificant
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +19.0%
$264.6M to $314.8MSignificant
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +2.4 pts
0.1% to 2.6%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Improved: -12.6%
$207.2M to $181.0MNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Changed: +5.0%
$12.3M to $12.9MNotable
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Jul 29, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +52.7%
$13.0M to $19.9MCritical
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +52.5%
$0.36 to $0.55Critical
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +38.3%
$21.9M to $30.3MSignificant
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Changed: -19.3%
$16.0M to $12.9MSignificant
Why it matters: Neither good nor bad on its own. Heavy spending is a company building capacity or a company struggling to stand still, and the two look identical in this figure.
Improved: +11.4%
$697.7M to $777.5MNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +13.2%
$69.2M to $78.4MNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: -11.6%
$204.8M to $181.0MNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
6 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 48.9x — a high multiple relative to the current trailing profit.
Nothing unusual. Its accounting patterns look like those of companies that report earnings straightforwardly.
Had shares withheld to cover taxes — 2,078 shares at $84.17 ($174.9K)
Holds 59,506 shares after this filing.
Sold on the open market — 2,116 shares at $82.26 ($174.1K)
Holds 37,136 shares after this filing.
Sold on the open market — 3,884 shares at $82.02 ($318.6K)
Holds 0 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 6,000 shares ($492.0K) on or after .
Shares originally obtained via Stock Award.
Estimated from how often this has happened before, not a confirmed date.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Published results
Reported another event
Read the filingHeld a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Revenue +6.6% · Operating margin +1.3 pts · Operating income +86.0% — against Q1 FY2025
Read the filingPublished results
Read the filingProxy statement for a shareholder meeting
Read the filingReported another event
Read the filingHad a director or senior officer leave or join
Read the filingAnnual report for FY2025
Operating margin −1.2 pts · Profit -59.3% · Free cash flow -44.1% — against FY2024
Read the filingPublished results
Read the filingHad a director or senior officer leave or join
Read the filingHad a director or senior officer leave or join
Read the filingReported another event
Read the filingReported another event
Read the filingQuarterly report for Q3 FY2025
Operating income -15.8% · Long-term debt -22.3% · Capital spending +17.1% — against Q3 FY2024
Read the filingPublished results
Read the filingHad a director or senior officer leave or join · Reported another event
Read the filingReported another event
Read the filingSource: Exhibit 21 of the 10-K filed 2026-02-24. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
Coverage from the last 30 days
Benchmark to Report Third Quarter 2026 Results
Yahoo Finance ·
Benchmark Electronics Sees Private AI, Chip Demand Powering Record 2026 Growth
Yahoo Finance ·
Benchmark Electronics Announces Quarterly Cash Dividend
Yahoo Finance ·
1 Services Stock Worth Your Attention and 2 Facing Challenges
Yahoo Finance ·
Benchmark Electronics (BHE) Could Be 14% Below Fair Value As Buybacks Support Growth
Yahoo Finance ·
1 Cash-Heavy Stock to Target This Week and 2 We Brush Off
Yahoo Finance ·
Benchmark Electronics (BHE) Q2 2026 Earnings Call Transcript
Yahoo Finance ·
Benchmark Electronics Inc (BHE) (Q2 2026) Earnings Call Highlights: Revenue and EPS Surge Past ...
Yahoo Finance ·
Benchmark Electronics Q2 Earnings Call Highlights
Yahoo Finance ·
Super Micro, Applied Digital, Benchmark, Planet Labs, and Ingram Micro Shares Are Falling, What You Need To Know
Yahoo Finance ·
Sidoti Events, LLC's September Small-Cap Virtual Conference
Yahoo Finance ·
A Look Back at Electronic Components & Manufacturing Stocks’ Q2 Earnings: Benchmark (NYSE:BHE) Vs The Rest Of The Pack
Yahoo Finance ·
Primary sources and further research