AMETEK, Inc.: Beat — EPS $2.21, Revenue $2.22B
Earnings BeatQ3 2026 · Pre-market
Did AMETEK, Inc. (AME) beat earnings today?
Yes, AMETEK, Inc. (AME) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+4.74% surprise
$2.21Actual
Expected: $2.11
vs. year ago +17.0%
Total Revenue+4.24% surprise
$2.22BActual
Expected: $2.13B
vs. year ago +17.0%
Released Nov 03 · 6:55 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Net sales | $2.22B | $1.89B | +17.0% |
| Revenue detail — reported lines | |||
| └─Electronic Instruments | $1.44B | $1.25B | +16.0% |
| └─Electromechanical | $777.99M | $646.31M | +20.0% |
| GAAP Diluted EPS | $1.85 | $1.60 | +15.6% |
| GAAP Basic EPS | $1.86 | $1.61 | +15.5% |
| Adjusted Diluted EPS | $2.21 | $1.89 | +17.0% |
| Net income | $426.30M | $371.42M | +14.8% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY2026 Outlook | ||
|---|---|---|---|---|
| Guidance | Expected | Guidance | Expected | |
| Overall sales | low 20% YoY | $2.33B | mid-teens YoY | $8.45B |
| Diluted EPS (GAAP) | $1.93-$1.97 | — | $7.29-$7.33 | — |
| Adjusted Diluted EPS | $2.26-$2.30 (+12-14% YoY) | $2.20Beat +3.64% | $8.53-$8.57 (+approximately 15% YoY, prev. $8.20-$8.30) | $8.38Beat +2.03% |
Q4 2026 Outlook
- Overall sales
- Guidancelow 20% YoYExpected$2.33B
- Diluted EPS (GAAP)
- Guidance$1.93-$1.97Expected—
- Adjusted Diluted EPS
- Guidance$2.26-$2.30(+12-14% YoY)Expected$2.20Beat +3.64%
FY2026 Outlook
- Overall sales
- Guidancemid-teens YoYExpected$8.45B
- Diluted EPS (GAAP)
- Guidance$7.29-$7.33Expected—
- Adjusted Diluted EPS
- Guidance$8.53-$8.57(+approximately 15% YoY, prev. $8.20-$8.30)Expected$8.38Beat +2.03%
Business Highlights
- ➤Completed the acquisition of Indicor Instrumentation during the third quarter.
- ➤Indicor Instrumentation adds highly differentiated industrial technology businesses.
- ➤Businesses are positioned as mission-critical providers of highly engineered solutions.
- ➤Business alignment with key secular growth trends supports broad-based sales and orders growth.
- ➤AMETEK Growth Model integrates Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions.
- ➤AMETEK serves a diverse set of attractive niche markets.
- ➤AMETEK has been listed on the NYSE for over 95 years.
- ➤AMETEK is a component of the S&P 500.
Management Commentary
David A. Zapico, Chairman and Chief Executive Officer
“AMETEK delivered outstanding results in the third quarter. Continued strong organic sales and orders growth, contributions from recent acquisitions, and tremendous operating performance led to 20% operating profit growth, an excellent 110 basis points of core margin expansion, and record free cash flow. In addition, during the third quarter we completed the acquisition of Indicor Instrumentation, an outstanding group of highly differentiated industrial technology businesses.”
David A. Zapico, Chairman and Chief Executive Officer
“EIG delivered excellent results in the third quarter with robust sales growth, exceptional orders growth, and outstanding operating performance. Sales growth in the quarter was broad based across our businesses driven by strong organic sales growth and contributions from recent acquisitions. Additionally, EIG's tremendous operating performance drove core margin expansion of 60 basis points in the quarter.”
David A. Zapico, Chairman and Chief Executive Officer
“EMG delivered exceptional results in the third quarter. Overall sales were up 20%, driven by outstanding, broad-based organic sales growth and contributions from recent acquisitions. EMG also delivered tremendous operating results with a sizeable 29% growth in adjusted operating profit and 210 basis points of core margin expansion.”
David A. Zapico, Chairman and Chief Executive Officer
“Our performance in the third quarter showcased the quality of our businesses, attractiveness of our end market exposures and the proven effectiveness of the AMETEK Growth Model. Our businesses are well positioned as mission-critical providers of highly engineered solutions and their alignment with key secular growth trends supports our broad-based growth in sales and orders. Additionally, our operating results reflect the value of our disciplined capital deployment and acquisition strategy.”
David A. Zapico, Chairman and Chief Executive Officer
“For 2026, we now expect overall sales to be up mid-teens on a percentage basis versus 2025. Adjusted earnings per diluted share are now expected to be in the range of $8.53 to $8.57, up approximately 15% from our full year 2025 results. This is an increase from our prior guidance range of $8.20 to $8.30 per diluted share reflecting our excellent third quarter results and outlook for the fourth quarter, as well as the expected contribution from the acquisition of Indicor Instrumentation.”
David A. Zapico, Chairman and Chief Executive Officer
“For the fourth quarter of 2026, overall sales are expected to be up in the low 20% range versus the fourth quarter of 2025. Adjusted earnings in the quarter are expected to be in the range of $2.26 to $2.30 per share, up 12% to 14% compared to the fourth quarter of 2025.”