Amphenol's business $APH (-4,7Â %) Amphenol is running at full speed in the third quarter of 2026 and delivering record results that exceed expectations. Driven by very strong demand in the IT and datacom market as well as successful acquisitions, revenue climbed to over $10 billion. Despite challenging market conditions, operating profitability remains at a top level, while we, as co-owners, benefit directly from this success through a substantial dividend increase and a massive new share buyback program.
​📊 THE HARD FACTS (Figures & Key Metrics)
​Revenue: $10.23 billion (+65% YoY, +37% organic)
Net Income: $2,034.3 million
​Earnings Per Share (EPS): $0.79 (+61% YoY)
Operating Margin / EBITDA: 29.5%
Free Cash Flow: $1.62 billion
​Outlook (Guidance):
Q4 2026: Revenue of $10.3 to $10.5 billion (Adj. EPS: $0.81 to $0.83)
Full Year 2026: Revenue of $36.9 to $37.1 billion (Adj. EPS: $2.82 to $2.84)
​🎯 CONTEXT & HIGHLIGHTS (What Really Matters)
​Segment Performance: The Communications Solutions division literally exploded, with revenue growth of 99% to $6.58 billion, fueled massively by the unstoppable AI and data center revolution.
​Strategic Milestones: Successful completion of the acquisition of Empire Electronics, as well as signed agreements for three additional acquisitions (AdvancedPCB, Dexgreen, Humanetics Sensors) with a total value of approximately $1.6 billion.
​Macro & Tailwinds/Headwinds: The global demand for electronics and high-speed connectivity technology provides a tremendous tailwind. On the downside, there were isolated one-time tax effects and audits abroad, which were, however, more than offset by operational performance.
​Capital Allocation: Management is allowing us shareholders to benefit significantly from cash flow: The quarterly dividend was raised by 20% to $0.15, and a new, three-year share repurchase program worth $4 billion was approved.
​🔍 OUTLOOK & RISKS (Looking Ahead)
​The Opportunity: The structural acceleration of global digitalization, cloud infrastructure, and AI infrastructure provides a fantastic foundation for long-term growth. The rapid integration of acquisitions promises additional earnings upside.
​The Risk: Geopolitical tensions, potential trade restrictions, tariffs, and international tax and regulatory risks continue to require vigilant management.
​💡 SHAREHOLDER CONCLUSION
​An impressive, standout quarter that strikingly demonstrates Amphenol’s absolute world-class position and superior operational strength in the future-oriented market of interconnect technology.