Amphenol Q3 FY2026: sales up 65.1% to $10.23B, adjusted EPS beats at $0.80
Amphenol posted a blowout third quarter: revenue rose 65.1% to $10.23 billion and adjusted diluted EPS of $0.80 beat the $0.7312 consensus by 9.4%. Strip out acquisitions and sales still grew 37% organically, with orders of $12.2 billion leaving a 1.19:1 book-to-bill. Gross margin climbed to 39.3% and free cash flow reached $1.62 billion, so the growth is showing up in cash, not just on the top line.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $0.79 and adjusted diluted EPS was $0.80, up 74% year over year on a split-adjusted basis. Consensus sat at $0.7312, so the adjusted number cleared the bar by $0.0688, or 9.4%. GAAP EPS absorbed a $60.0 million discrete tax item ($0.02 per share), which is the main reason adjusted EPS is only a penny higher.
Revenue jumped 65.1% to $10.23 billion from $6.19 billion a year ago, with 37% of that growth organic and 28 points coming from acquisitions. Communications Solutions did the heavy lifting at $6.58 billion, up 99% and up 51% organically, driven by IT datacom. Orders of $12.2 billion produced a book-to-bill of 1.19:1, meaning demand ran ahead of what was actually shipped.
Management guided the fourth quarter to $10.3–$10.5 billion of sales, about 60% above last year, with adjusted diluted EPS of $0.81–$0.83. For the full year it now points to $36.9–$37.1 billion of sales and $2.82–$2.84 of adjusted EPS, and that range excludes AdvancedPCB, Dexgreen and Humanetics Sensors because those deals have not closed. The $10.4 billion Q4 midpoint implies only about 1.7% sequential growth from Q3, so the plan assumes the pace cools rather than accelerates.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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