Jun 2026 (Q2 FY26) — Jul 29, 2026
Amphenol Q2 FY26 — Record Sales and EPS Driven by AI Demand and CommScope Integration
Read the full callAmphenol (APH) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Amphenol earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 8,758 | +55.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 29.5 | +4.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1,769 | +62.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
71 of 76 judged targets kept · 34 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted diluted EPS | $1.14 to $1.16 | Mar 2026 | On an adjusted basis, diluted EPS was a record $1.35 and increased by 67% compared to $0.81 in the second quarter of 2025. | Achieved |
| CommScope acquisition accretion to adjusted EPS | $0.15 | Dec 2025 | Indeed, we now expect CommScope to deliver $4.6 billion of sales and $0.30 of accretion for the full year 2026. And this represents a significant upgrade from our previous expectations of $4.1 billion and $0.15. | Revised Up |
| Adjusted diluted EPS | $1.40 to $1.42 | Jun 2026 | and adjusted diluted EPS in the range of $1.40 to $1.42. | New |
5 of AMPHENOL CORP /DE/'s 110 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 107 more targets are in the full ledger.
Claimed
- Record sales of $8.8 billion, up 55% in USD and 30% organically YoY.
- Record orders of $10.732 billion, up 94% YoY, with a strong book-to-bill ratio of 1.23:1.
- Record adjusted operating margin of 29.8%, an increase of 420 basis points YoY.
- Record adjusted diluted EPS of $1.35, up 67% YoY.
- CommScope acquisition performing significantly better than expected, now projected to deliver $4.6 billion in sales and $0.30 accretion for FY26 (up from $4.1 billion and $0.15).
Qualified
- Communications Networks organic sales moderated by 6% YoY due to demand moderations from network operators and wireless equipment manufacturers.
- GAAP effective tax rate increased to 25.3% (from 18.3% in Q2 FY25) and adjusted effective tax rate to 27% (from 24.5% in Q2 FY25).
Price
$80.28 +1.17% · +$0.93
Performance −36.1% 1Y
1Y: $125.65 on 17 Oct 2025 → $80.28. High $176.32 (30 Jun 2026), low $77.26 (16 Sept 2026).
- Previous close
- $79.35
- 52-week range
- $77.26 – $176.32
- One year
- −37.12%
Overview
- Symbol
- APH
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
71 of 76 judged targets kept · 34 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Adjusted diluted EPS | $1.14 to $1.16 | Mar 2026 | On an adjusted basis, diluted EPS was a record $1.35 and increased by 67% compared to $0.81 in the second quarter of 2025. | Achieved |
| CommScope acquisition accretion to adjusted EPS | $0.15 | Dec 2025 | Indeed, we now expect CommScope to deliver $4.6 billion of sales and $0.30 of accretion for the full year 2026. And this represents a significant upgrade from our previous expectations of $4.1 billion and $0.15. | Revised Up |
| Adjusted diluted EPS | $1.40 to $1.42 | Jun 2026 | and adjusted diluted EPS in the range of $1.40 to $1.42. | New |
Claimed
- Record sales of $8.8 billion, up 55% in USD and 30% organically YoY.
- Record orders of $10.732 billion, up 94% YoY, with a strong book-to-bill ratio of 1.23:1.
- Record adjusted operating margin of 29.8%, an increase of 420 basis points YoY.
- Record adjusted diluted EPS of $1.35, up 67% YoY.
- CommScope acquisition performing significantly better than expected, now projected to deliver $4.6 billion in sales and $0.30 accretion for FY26 (up from $4.1 billion and $0.15).
Qualified
- Communications Networks organic sales moderated by 6% YoY due to demand moderations from network operators and wireless equipment manufacturers.
- GAAP effective tax rate increased to 25.3% (from 18.3% in Q2 FY25) and adjusted effective tax rate to 27% (from 24.5% in Q2 FY25).
The full ledger
Open AMPHENOL CORP /DE/’s full ledger
A free account opens 5 company ledgers a month. All 110 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
Amphenol Q1 FY26 — record $7.6B sales and $9.4B orders driven by AI/IT datacom and CommScope
Read the full callDec 2025 (Q4 FY25) — Jan 28, 2026
Amphenol Q4 FY25 — Record Sales, Orders, and EPS Driven by AI Demand
Read the full callEvery analysed call
Amphenol earnings calls (APH)
Financials
What the filings say
Net profit, year on year: +62% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 4,039 | 4,318 | 4,811 | 5,650 | 6,194 | 6,439 | 7,620 | 8,758 |
| Operating profit | 820 | 954 | 1,025 | 1,419 | 1,702 | 1,723 | 1,832 | 2,585 |
| Operating margin | 20.3% | 22.1% | 21.3% | 25.1% | 27.5% | 26.8% | 24.0% | 29.5% |
| Interest | 56 | 67 | 77 | 81 | 81 | 130 | 208 | 214 |
| Profit before tax | 775 | 910 | 963 | 1,348 | 1,641 | 1,649 | 1,646 | 2,388 |
| Tax rate | 21.4% | 17.4% | 22.7% | 18.3% | 23.5% | 26.9% | 42.7% | 25.3% |
| Net profit | 604 | 746 | 738 | 1,091 | 1,246 | 1,196 | 933 | 1,769 |
| EPS ($ per share) | 0.50 | — | 0.61 | 0.90 | 1.02 | — | 0.76 | 1.44 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 3,029 | 3,348 | 3,705 | 4,279 | 4,979 | 5,921 | 7,105 | 9,854 |
| Total liabilities | 5,981 | 6,219 | 6,875 | 8,299 | 8,232 | 8,100 | 11,584 | 22,727 |
| Fixed assets | 876 | 999 | 1,055 | 1,175 | 1,204 | 1,315 | 1,712 | 2,306 |
| Investments | 12 | 17 | 36 | 44 | 61 | 185 | 18 | 304 |
| Total assets | 10,045 | 10,816 | 12,327 | 14,678 | 15,326 | 16,526 | 21,440 | 36,237 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,113 | 1,502 | 1,592 | 1,540 | 2,175 | 2,529 | 2,815 | 5,375 |
| Cash from investing | -442 | -1,229 | -333 | -1,887 | -731 | -1,394 | -2,649 | -5,082 |
| Cash from financing | -1,070 | -648 | -517 | -145 | -1,197 | -1,012 | 1,730 | 7,423 |
| Net cash flow | -440 | -388 | 811 | -505 | 176 | 102 | 1,842 | 7,814 |
| Capital expenditure | -311 | -295 | -277 | -360 | -384 | -373 | -665 | -997 |
| Free cash flow | 802 | 1,207 | 1,315 | 1,180 | 1,791 | 2,156 | 2,149 | 4,378 |
APH revenue by segment
Communications Solutions grew from 42% to 61% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Communications Solutions | 42% | 45% | — | 52% | 53% | — | 60% | 61% | +85.0% |
| Harsh Environment Solutions | 30% | 29% | 26% | 26% | 24% | 26% | 22% | 21% | +28.5% |
| Interconnect and Sensor Systems | 29% | 26% | 23% | 23% | 22% | 21% | 18% | 17% | +17.2% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
APH operating KPIs by quarter
| KPI | Mar 2025 Q1 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|
| Orders | $5.292BOrders in the quarter were a record $5.292 billion, up a strong 58% compared to the first quarter of 2024 and up 6% sequentially, resulting in a book-to-bill ratio of 1.1:1.Source: earnings call transcript | $6.111BOrders in the quarter were a record $6.111 billion, up a strong 38% compared to the third quarter of 2024 and up 11% sequentially, resulting in a book-to-bill ratio of 0.99:1.Source: earnings call transcript | $8.431BWe are very encouraged by our orders in the quarter, which were a record $8.431 billion, up a strong 68% compared to the fourth quarter of 2024 and up 38% sequentially, resulting in a very strong book-to-bill ratio of 1.31:1.Source: earnings call transcript | — | $10.732BOrders in the quarter were a record $10.732 billion, up a strong 94% compared to the second quarter of 2025 and up 14% sequentially, resulting in another very strong book-to-bill ratio of 1.23:1.Source: earnings call transcript | — |
| Book-to-bill ratio | 1.1 ratioOrders in the quarter were a record $5.292 billion, up a strong 58% compared to the first quarter of 2024 and up 6% sequentially, resulting in a book-to-bill ratio of 1.1:1.Source: earnings call transcript | 0.99 ratioOrders in the quarter were a record $6.111 billion, up a strong 38% compared to the third quarter of 2024 and up 11% sequentially, resulting in a book-to-bill ratio of 0.99:1.Source: earnings call transcript | 1.31 ratioWe are very encouraged by our orders in the quarter, which were a record $8.431 billion, up a strong 68% compared to the fourth quarter of 2024 and up 38% sequentially, resulting in a very strong book-to-bill ratio of 1.31:1.Source: earnings call transcript | 1.24 ratioOrders in the quarter were a record $9,435 billion, up a strong 78% compared to the first quarter of 2025 and up 12% sequentially, resulting in another very strong book-to-bill ratio of 1.24:1.Source: earnings call transcript | 1.23 ratioOrders in the quarter were a record $10.732 billion, up a strong 94% compared to the second quarter of 2025 and up 14% sequentially, resulting in another very strong book-to-bill ratio of 1.23:1.Source: earnings call transcript | -0.8% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- Other Foreign Locations 48% ↑ 7 pt
- US 39% ↑ 4 pt
- CN 13% ↓ 11 pt
As APH cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
73 filings between Oct 24, 2025 and Aug 6, 2026.
Open market
decisions to buy or sellPurchases
$1.29M
1 purchase by 1 insider
Sales
$511.92M
25 sales by 8 insiders
Compensation
not trading decisions- 8
- Award — granted as compensation
- 27
- Option exercise — converted options into shares
Also filed: 11 gifts, 1 other.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| NORWITT RICHARD ADAM | — | $219.27M | Jul 31, 2026 |
| Lampo Craig A | — | $90.02M | Aug 4, 2026 |
| WALTER LUC | — | $49.16M | Oct 24, 2025 |
| D'AMICO LANCE E | — | $40.49M | Aug 3, 2026 |
| Silverman David M | — | $37.85M | Aug 5, 2026 |
| Ivas Michael R. | — | $33.76M | Nov 5, 2025 |
| Doherty William J | — | $22.64M | Dec 2, 2025 |
| Straub Peter | — | $18.72M | Dec 2, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 6, 2026 | Lampo Craig A EVP& CFO | Gift | 54,547 | $0 |
| Aug 5, 2026 | Silverman David M EVP, Human Resources | Sale | 120,000 | $20.91M |
| Aug 5, 2026 | Silverman David M EVP, Human Resources | Option exercise | 120,000 | $2.64M |
| Aug 4, 2026 | Lampo Craig A EVP& CFO | Option exercise | 193,200 | $4.32M |
| Aug 4, 2026 | Lampo Craig A EVP& CFO | Sale | 193,200 | $32.32M |
| Aug 3, 2026 | D'AMICO LANCE E EVP, Secretary & GenCounsel | Sale | 50,000 | $8.10M |
| Aug 3, 2026 | D'AMICO LANCE E EVP, Secretary & GenCounsel | Sale | 10,000 | $1.62M |
| Aug 3, 2026 | D'AMICO LANCE E EVP, Secretary & GenCounsel | Option exercise | 10,000 | $225.5K |
| Aug 3, 2026 | D'AMICO LANCE E EVP, Secretary & GenCounsel | Sale | 40,000 | $6.47M |
| Aug 3, 2026 | D'AMICO LANCE E EVP, Secretary & GenCounsel | Option exercise | 40,000 | $894.9K |
| Aug 3, 2026 | D'AMICO LANCE E EVP, Secretary & GenCounsel | Option exercise | 50,000 | $1.13M |
| Jul 31, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 186,104 | $30.20M |
| Jul 31, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 186,104 | $4.16M |
| Jul 31, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 500,000 | $80.79M |
| Jul 31, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 500,000 | $11.19M |
| May 22, 2026 | Livingston Robert Director | Award | 1,552 | $0 |
| May 22, 2026 | Falck David P Director | Award | 1,552 | $0 |
| May 22, 2026 | Singh Prahlad R. Director | Award | 1,552 | $0 |
| May 22, 2026 | Lane Rita S. Director | Award | 1,552 | $0 |
| May 22, 2026 | Altobello Nancy A. Director | Award | 1,552 | $0 |
| May 22, 2026 | Lamba Sanjiv Director | Award | 1,552 | $0 |
| May 22, 2026 | Wolff Anne Clarke Director | Award | 1,552 | $0 |
| May 20, 2026 | Lampo Craig A Executive VP & CFO | Other | 41,203 | — |
| May 5, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 17,500 | $391.5K |
| May 5, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 17,500 | $2.51M |
| May 4, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 52,203 | $7.41M |
| May 4, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 52,203 | $1.17M |
| May 1, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 61,072 | $8.79M |
| May 1, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 61,072 | $1.37M |
| Feb 18, 2026 | D'AMICO LANCE E See Remarks | Sale | 50,000 | $7.49M |
| Feb 18, 2026 | D'AMICO LANCE E See Remarks | Option exercise | 50,000 | $1.13M |
| Feb 18, 2026 | Lampo Craig A Executive VP & CFO | Sale | 100,000 | $15.00M |
| Feb 18, 2026 | Lampo Craig A Executive VP & CFO | Option exercise | 100,000 | $2.20M |
| Feb 12, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 93,052 | $2.08M |
| Feb 12, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 515,281 | $75.88M |
| Feb 12, 2026 | NORWITT RICHARD ADAM President & CEO | Option exercise | 515,281 | $11.53M |
| Feb 12, 2026 | NORWITT RICHARD ADAM President & CEO | Sale | 93,052 | $13.69M |
| Feb 5, 2026 | Livingston Robert Director | Purchase | 10,000 | $1.29M |
| Feb 4, 2026 | Ivas Michael R. VP & Corporate Controller | Option exercise | 25,000 | $559.3K |
| Feb 4, 2026 | Ivas Michael R. VP & Corporate Controller | Gift | 25,000 | $0 |
| Feb 4, 2026 | Ivas Michael R. VP & Corporate Controller | Gift | 25,000 | $0 |
| Jan 29, 2026 | Ivas Michael R. VP & Corporate Controller | Gift | 2,536 | $0 |
| Jan 8, 2026 | Lamba Sanjiv Director | Award | 548 | $74.7K |
| Dec 10, 2025 | LOEFFLER MARTIN H Director | Gift | 3,228 | — |
| Dec 9, 2025 | NORWITT RICHARD ADAM President & CEO | Gift | 75,000 | — |
| Dec 3, 2025 | Lampo Craig A SR VP & CFO | Gift | 70,000 | $0 |
| Dec 3, 2025 | Lampo Craig A SR VP & CFO | Gift | 70,000 | $0 |
| Dec 2, 2025 | Straub Peter President, ISS Division | Option exercise | 132,000 | $2.98M |
| Dec 2, 2025 | Doherty William J President, CS Division | Sale | 80,000 | $11.36M |
| Dec 2, 2025 | Doherty William J President, CS Division | Option exercise | 80,000 | $2.66M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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