Amphenol earnings: guidance and results
Amphenol’s next results are expected on October 28, 2026. For Amphenol, the key thing to watch is whether CommScope remains on course while sales and earnings meet guidance.
What has Amphenol guided for the next quarter?
Guidance is management’s forecast for a particular period. On July 29, Amphenol forecast third-quarter sales of $9,300.0–$9,400.0. That implied growth of 50.0%–52.0% from the same quarter of 2025. Adjusted diluted EPS guidance was $0.70–$0.71. Diluted EPS allows for shares that could be created by instruments such as employee options; adjusted EPS removes specified accounting items.
Management raised CommScope’s expected 2026 sales to $4,600.0 million and its adjusted diluted EPS accretion to $0.15. Accretion means the acquisition should increase earnings per share after its operating and financing costs. The important question is therefore whether purchased revenue reaches the bottom line and eventually produces cash.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| sales | Quarter to Sep 2026 | 9,300.0 | 9,400.0 | 2026-07-29 |
| sales increase over the prior year quarter (%) | Quarter to Sep 2026 | 50.0% | 52.0% | 2026-07-29 |
| Adjusted Diluted EPS | Quarter to Sep 2026 | 0.70 | 0.71 | 2026-08-06 |
| Adjusted Diluted EPS increase from the third quarter of 2025 (%) | Quarter to Sep 2026 | 51.0% | 53.0% | 2026-07-29 |
| CommScope, full-year sales | Year to Dec 2026 | 4,600.0 | 4,600.0 | 2026-07-29 |
| CommScope, Adjusted Diluted EPS accretion | Year to Dec 2026 | 0.15 | 0.15 | 2026-07-29 |
Did Amphenol keep its past promises?
Organic growth means growth from businesses Amphenol already owned, excluding acquisitions and currency movements. On January 22, 2025, management forecast first-quarter sales of US$4.00 billion to US$4.10 billion and later delivered US$4.8 billion. The comparison is imperfect because the result included Andrew, but strong organic growth still supports management’s execution record.
How have Amphenol revenue and profit trended?
Revenue reached $8,758.1 million from $5,650.3 million a year earlier, with organic growth of 30%. IT datacom grew 63% organically, while communications networks declined 6% as operator and wireless-equipment demand weakened. Acquisitions lifted reported network sales, and industrial, automotive and aerospace also contributed. The business therefore had breadth, but its largest exposure was the AI-linked datacom market.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,758.1 | 7,620.1 | 6,439.0 | 6,194.4 | 5,650.3 | 4,811.0 | 4,317.9 | 4,038.8 |
| Gross margin | 40.5% | 36.7% | 38.2% | 38.1% | 36.3% | 34.2% | 34.3% | 33.6% |
| Operating income | 2,584.6 | 1,831.8 | 1,722.7 | 1,702.3 | 1,418.8 | 1,024.8 | 953.7 | 819.5 |
| Net income | 1,769.2 | 933.0 | 1,195.5 | 1,245.7 | 1,091.3 | 737.8 | 746.2 | 604.4 |
| EPS, diluted | 0.69 | 0.36 | 0.47 | 0.49 | 0.43 | 0.29 | 0.30 | 0.24 |
What should you watch in Amphenol’s next results?
October 28, 2026 is the next operating checkpoint. Third-quarter results should show whether Amphenol met its sales and earnings guidance and whether CommScope remains on course. The second quarter’s book-to-bill ratio was 1.23, meaning the company received $1.23 of orders for every $1.00 it sold. That supports additional capacity, but orders still must become shipments and customer payments.