| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 7.6K | 58.4% |
| Total Income | 7.6K | 58.4% |
| Expenditure | 5.8K | 52.9% |
| PBT | 1.6K | 70.9% |
| Net Profit | 933.00 | 26.5% |
| OPM | 24.04% | 2.74pp |
| NPM | 12.24% | 3.09pp |
| EPS | 0.76 | 24.6% |
Amphenol Reports Record Q1 2026 Results with Sales Up 58% to $7.6 Billion
29 Apr 2026 · 29 Apr, 6:48 pm
Summary
Amphenol Corporation reported record first quarter 2026 results, with sales reaching $7.6 billion, a substantial 58% increase in U.S. dollars and 33% organically year-over-year. The company also achieved record orders of $9.4 billion, leading to a robust book-to-bill ratio of 1.24:1. Profitability remained strong, with an Adjusted Operating Margin of 27.3% and Adjusted Diluted EPS growing by 68% to $1.06. CEO R. Adam Norwitt highlighted strong organic growth across most end markets, particularly IT datacom, and contributions from the company's acquisition program, expressing confidence in the company's ability to capitalize on growth opportunities.
Key Highlights
- 1
Amphenol Corporation reported record first quarter 2026 sales of $7.6 billion, marking a 58% increase in U.S. dollars and 33% organically compared to the first quarter of 2025.
- 2
The company achieved record orders totaling $9.4 billion, resulting in a strong book-to-bill ratio of 1.24:1 for the quarter.
- 3
GAAP Diluted EPS for Q1 2026 rose by 24% to $0.72, while Adjusted Diluted EPS saw a significant 68% increase to $1.06 year-over-year.
- 4
Amphenol maintained strong profitability with a GAAP Operating Margin of 24.0% and an Adjusted Operating Margin of 27.3%.
- 5
Operating cash flow reached $1.1 billion, with Free Cash Flow at $831 million during the first quarter.
- 6
The company successfully completed the acquisition of CommScope’s CCS business during the quarter.
Management Comments
R. Adam Norwitt
We are pleased to have closed the first quarter of 2026 with record sales and Adjusted Diluted EPS, both exceeding the high end of our guidance. Sales increased from prior year by 58%, driven by strong organic growth in most of our end markets, including exceptional organic growth in the IT datacom market, as well as contributions from the Company’s acquisition program. We also booked record orders in the quarter, resulting in a book-to-bill of 1.24:1. The Company realized strong profitability during the quarter with Adjusted Operating Margin reaching 27.3%. We are extremely proud of the Company’s outstanding performance.
R. Adam Norwitt
I am very pleased with the Company’s strong start to 2026. The revolution in electronics continues to accelerate, with new innovations creating exciting growth opportunities for Amphenol across each of our diversified end markets. In turn, we have expanded our range of high-technology interconnect products, both through our organic innovation efforts as well as through our successful acquisition program, including the recent acquisition of CommScope. This expanded technology position coupled with our unique entrepreneurial culture has strengthened our competitive advantage. Our ongoing drive to leverage that competitive advantage and thereby create sustained financial strength has established an excellent base for the Company’s future performance. I am confident in the ability of our outstanding entrepreneurial management team to continue to dynamically adjust to changing market conditions, to capitalize on the wide array of growth opportunities that arise in all market cycles and to continue to generate sustainable long-term value.
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