Amphenol's third quarter 2026 revenue of $10.2B beat estimates behind AI-driven growth

Amphenol reported record results for the third quarter 2026, significantly exceeding consensus estimates on both revenue and earnings. Sales reached $10.23 billion, a 65% increase year-over-year, while adjusted diluted EPS rose 74% to $0.80. The performance was driven by exceptional organic growth in the IT datacom end market and the successful integration of the CommScope acquisition, which is outperforming initial accretion targets.

Key Highlights

• Quarterly sales of $10.23 billion outperformed the $9.44 billion consensus, supported by 37% organic growth.
• Record orders of $12.2 billion drove a high book-to-bill ratio of 1.19:1, indicating strong forward demand.
• Management raised full-year 2026 guidance, now projecting sales of $36.9B–$37.1B and adjusted EPS of $2.82–$2.84.
• The quarterly dividend was increased by 20% to $0.15 per share, and a new $4 billion stock repurchase program was authorized.
• Capital deployment continued with the closing of Empire Electronics and definitive agreements to acquire three additional firms for approximately $1.6 billion combined.