BHE on NYSE

Benchmark Electronics

Electronics manufacturer

Benchmark Electronics Inc. is an American electronics manufacturing services (EMS) company headquartered in Tempe, Arizona.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1979Founded1

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  • TickerBHE on NYSE1
  • IndustryPrinted Circuit Boards1
  • HeadquartersAngleton1
  • Websitewww.bench.com
  • Legal formFor-Profit Corporation1
  • Incorporated inTX4
  • Business address56 South Rockford Drive, Tempe, Az 852814
  • Filer categoryLarge accelerated filer4

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Benchmark Electronics image from its website
Image: bench.com6

Benchmark Electronics Inc. is an American electronics manufacturing services (EMS) company headquartered in Tempe, Arizona. The company provides engineering, design, manufacturing, testing, and supply chain services for original equipment manufacturers serving the aerospace and defense, medical, industrial, semiconductor capital equipment, advanced computing, and communications industries.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

9.8%Gross margin7
2.8%Operating margin7
0.9%Net margin7
-0.4%Revenue growth, 20257
2.3%Return on equity7
0.19×Debt to equity7
$88.4MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Americas brought in 45% of the revenue Benchmark Electronics broke down this way in fiscal 2025.

  1. Americas$1.2B745%down 8% from 2024
  2. Asia$1.2B742%up 7% from 2024
  3. Europe$352.5M713%up 4% from 2024
Business segments by year
Business segments202320242025
Americas$1.6B$1.3B$1.2B
Asia$1.1B$1.1B$1.2B
Europe$299.8M$339.3M$352.5M

Regions

United States brought in 38% of the revenue Benchmark Electronics broke down this way in fiscal 2025.

  1. United States$1.4B738%down 5% from 2024
  2. Asia$1.2B731%up 7% from 2024
  3. Singapore$504.3M713%up 9% from 2024
  4. Europe$352.5M79%up 4% from 2024
  5. Other Asia$240.6M76%up 11% from 2024
  6. Other regions$63.6M72%down 22% from 2024
Regions by year
Regions202320242025
United States$1.7B$1.5B$1.4B
Asia$1.1B$1.1B$1.2B
Singapore$383.9M$463.6M$504.3M
Europe$299.8M$339.3M$352.5M
Other Asia$210.9M$215.9M$240.6M
Other regions$104.5M$81.8M$63.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue87¢$2.4B
  • Selling, general and admin6¢$159.7M
  • Other costs4¢$118.3M
  • Interest1¢$20.2M
  • Income tax1¢$36.7M
  • Profit1¢$24.9M

Out of $2.7B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending29¢$35.6M
  • Dividends paid20¢$24.4M
  • Share buybacks22¢$26.8M
  • Kept or used elsewhere30¢$37.1M

Out of $124.0M of cash from operations.7

Financial statements

Revenue8910117$2.7B in 2025+17% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.3B$2.3B20192020: $2.1B$2.1B2020−9%2021: $2.3B$2.3B2021+10%2022: $3.0B$3.0B2022+28%2023: $3.0B$3.0B2023−1%2024: $2.8B$2.8B2024−7%2025: $2.7B$2.7B2025−0%
Gross profit8910117$270.1M in 2025+46% since 2019
0$100.0M$200.0M$300.0M2019: $185.5M$185.5M20192020: $175.0M$175.0M2020−6%2021: $205.9M$205.9M2021+18%2022: $255.2M$255.2M2022+24%2023: $271.1M$271.1M2023+6%2024: $270.0M$270.0M2024−0%2025: $270.1M$270.1M2025+0%
Operating income8910117$76.0M in 2025+166% since 2019
0$50.0M$100.0M$150.0M2019: $28.5M$28.5M20192020: $25.1M$25.1M2020−12%2021: $53.1M$53.1M2021+111%2022: $90.1M$90.1M2022+70%2023: $109.7M$109.7M2023+22%2024: $109.4M$109.4M2024−0%2025: $76.0M$76.0M2025−30%
Net income8910117$24.9M in 2025+6% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $23.4M$23.4M20192020: $14.1M$14.1M2020−40%2021: $35.8M$35.8M2021+155%2022: $68.2M$68.2M2022+91%2023: $68.9M$68.9M2023+1%2024: $61.1M$61.1M2024−11%2025: $24.9M$24.9M2025−59%

Every line of the income statement in the latest annual report, as filed.7

Period ending2025-12-312024-12-312023-12-31
Sales$2.7B$2.7B$2.8B
Cost of sales$2.4B$2.4B$2.6B
Gross profit$270.1M$270.0M$271.1M
Selling, general and administrative expenses$159.7M$149.5M$147.0M
Amortization of intangible assets$4.8M$4.8M$6.0M
Restructuring charges and other costs$29.5M$6.3M$8.4M
Income from operations$76.0M$109.4M$109.7M
Interest expense-$20.2M-$26.9M-$31.9M
Interest income$9.6M$10.2M$6.3M
Other expense, net-$3.9M-$8.8M-$2.8M
Income before income taxes$61.5M$83.9M$81.2M
Income tax expense$36.7M$22.8M$12.3M
Net income$24.9M$61.1M$68.9M
Basic$0.69$1.70$1.94
Diluted$0.68$1.66$1.92
Basic35.9M shares36.0M shares35.6M shares
Diluted36.3M shares36.8M shares36.0M shares

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The story

Benchmark Electronics was founded in 1979 in Clute, Texas, as a manufacturing subsidiary of medical device company Intermedics. In 1986, the company became independent following its acquisition by Electronics Investors Corporation. Benchmark completed its initial public offering in 1990 and transferred its listing to the New York Stock Exchange in 1997. In 2019, the company relocated its global headquarters to Tempe, Arizona. In 2025, David Moezidis was appointed President and Chief Executive Officer.

From Wikipedia’s article on Benchmark Electronics, shared under CC BY-SA 4.0.5

Products and brands

Services

Benchmark provides engineering, design, manufacturing, testing, and supply chain services for original equipment manufacturers in the aerospace and defense, medical, industrial, semiconductor capital equipment, advanced computing, and communications industries.

Production bases and facilities

Benchmark Electronics operates manufacturing and engineering facilities throughout North America, Europe, and Asia.

From Wikipedia’s article on Benchmark Electronics, shared under CC BY-SA 4.0.5

Timeline

  1. Jan 3, 1994Went public Listed on NYSE1
  2. 1979Founded Founded1

Recent filings

  1. Sep 8, 20268-K
  2. Aug 18, 20264
  3. Aug 18, 20264
  4. Aug 14, 2026SCHEDULE 13G
  5. Aug 12, 20264
  6. Aug 7, 2026144
  7. Jul 29, 20268-K
  8. Jul 29, 202610-Q
  9. Jul 28, 2026SCHEDULE 13G/A
  10. Jul 14, 2026SCHEDULE 13G/A
  11. Jun 11, 2026144
  12. Jun 11, 2026144
  13. Jun 11, 20264
  14. Jun 9, 2026S-8
  15. Jun 8, 20268-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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