Amphenol Reports Record Q1 2026 Results

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Amphenol Corporation reported record first quarter 2026 results.

“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,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “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.”

The Company continues to deploy its financial strength in a variety of ways to increase shareholder value. During the first quarter, the Company purchased 1.3 million shares of its common stock for $178 million and paid dividends of $307 million, resulting in total capital returned to shareholders of nearly $485 million.

Second Quarter 2026 Outlook

Assuming the continuation of current market conditions as well as constant exchange rates, for the second quarter of 2026, Amphenol expects sales to be in the range of $8.1 billion to $8.2 billion, representing a 43% to 45% increase over the prior year quarter. Adjusted Diluted EPS is expected to be in the range of $1.14 to $1.16, representing a 41% to 43% increase from the second quarter of 2025.

Mr. Norwitt continued, “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.”