Benchmark Electronics Inc. BHE

What this company does

Benchmark Electronics provides design engineering and advanced manufacturing services, including electronic manufacturing services and precision metal machining services. It serves markets including advanced computing and communication, aerospace and defense, industrial, medical, and semiconductor capital equipment. It has manufacturing facilities in seven countries, with domestic sites in Alabama, Arizona, California, Minnesota, New Hampshire, and Texas, and international sites in China, Malaysia, Mexico, Netherlands, Romania, and Thailand. As of December 31, 2025, it employed approximately 11,840 people, approximately 330 of whom were engaged in design and development engineering. Sales to its ten largest customers represented 51%, 50%, and 52% of its total sales in 2025, 2024, and 2023, respectively, with its largest customer, Applied Materials, Inc. and subsidiaries, accounting for 14% of total sales in both 2025 and 2024 and 12% in 2023. International operations accounted for 64%, 62%, and 58% of its total sales during 2025, 2024, and 2023, respectively. Its customer engagement focuses on two principal areas: Manufacturing Services, including printed circuit board assemblies, systems integration, precision metal machining, and complex electromechanical assembly; and Design & Engineering Services, including turnkey product design, design optimization, and test development.

Written from the business description in BENCHMARK ELECTRONICS INC's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.