Arrow Electronics reported record third-quarter 2026 financial results that significantly outperformed analyst estimates on both the top and bottom lines. Total revenue surged 39% year-over-year to $10.7 billion, driven by robust cyclical recovery momentum and infrastructure investments in artificial intelligence and cloud environments.
Key Highlights
- Global Components revenue reached $7.94 billion, a 43% year-over-year increase, with Americas sales growing 58% and book-to-bill ratios remaining above parity.
- Global Enterprise Computing Solutions (ECS) grew 29% year-over-year to $2.78 billion, supported by demand for AI, cybersecurity, and hybrid infrastructure.
- Non-GAAP diluted EPS surged 158% year-over-year to $6.22, far exceeding the high end of previous company guidance.
- The company used $441 million in operating cash, primarily for working capital investments to build inventory in response to high customer demand.