Amphenol Corporation: Beat — EPS $0.80, Revenue $10.2B
Earnings BeatQ3 2026 · Pre-market
Did Amphenol Corporation (APH) beat earnings today?
Yes, Amphenol Corporation (APH) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+9.59% surprise
$0.80Actual
Expected: $0.73
vs. year ago +74.0%
Total Revenue+7.48% surprise
$10.2BActual
Expected: $9.49B
vs. year ago +65.0%
Released Oct 28 · 8:00 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $10.23B | $6.19B | +65.0% |
| Revenue detail — reported lines | |||
| └─Communications Solutions | $6.58B | $3.31B | +99.0% |
| └─Harsh Environment Solutions | $2.04B | $1.52B | +35.0% |
| └─Interconnect and Sensor Systems | $1.60B | $1.37B | +17.0% |
| Net Income | $2.05B | $1.26B | +63.7% |
| GAAP Basic EPS | $0.82 | $0.51 | +60.8% |
| GAAP Diluted EPS | $0.79 | $0.49 | +61.0% |
| Adjusted Diluted EPS | $0.80 | $0.46 | +74.0% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY 2026 Outlook |
|---|---|---|
| Sales | $10.3B-$10.5B (+~60% YoY) | $36.9B-$37.1B (+~60% YoY) |
| Adjusted Diluted EPS | $0.81-$0.83 (+65-69% YoY) | $2.82-$2.84 (+~70% YoY) |
| CommScope Sales | — | $5.1B (prev. $4.6B) |
| CommScope Accretion | — | $0.18 (prev. $0.15) |
Business Highlights
- ➤Closed the acquisition of Empire Electronics in early September.
- ➤Empire Electronics manufactures complex interconnect assemblies focused on automotive lighting.
- ➤Signed agreements to acquire AdvancedPCB, Dexgreen, and Humanetics Sensors.
- ➤AdvancedPCB expands high-technology PCB capabilities for Defense and Industrial markets.
- ➤Dexgreen provides fiber-optic connectivity for European fiber-to-the-home applications.
- ➤Humanetics Sensors supplies precision force sensors, fiber-optic sensing, and micro-machining solutions.
- ➤AdvancedPCB and Humanetics Sensors are expected to close in Q4 2026.
- ➤Dexgreen is expected to close in Q1 2027.
- ➤Purchased 3.0 million shares during the quarter.
- ➤Returned $553 million to shareholders through repurchases and dividends.
- ➤Increased the quarterly dividend 20% to $0.15 per share.
- ➤Approved a new three-year $4 billion stock repurchase program.
- ➤Completed a 2-for-1 stock split distributed on September 2, 2026.
Management Commentary
R. Adam Norwitt, Chairman and Chief Executive Officer
“We are pleased to have closed the third quarter of 2026 with record sales and Adjusted Diluted EPS, both exceeding the high end of our guidance. Sales increased from prior year by 65%, driven by strong organic growth in most of our end markets, including continued 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 1.19:1. The Company realized strong profitability during the quarter with Adjusted Operating Margin reaching 29.7%. We are extremely proud of the Company’s outstanding performance.”
R. Adam Norwitt, Chairman and Chief Executive Officer
“I am very pleased with the Company’s outstanding third quarter 2026 results. 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. 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.”