APH · Full Picture

AMPHENOL CORP /DE/ — the full picture

Earnings window · 2026-07-10 to 2026-09-24 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Acquisitions and Partnerships · M&A and divestituresPriority 83
    +6.4% revenue; 3 sources (news, press_release, sec_filing); 3 forward row(s); structured_verified
    AMPHENOL CORP /DE/ now expects the CommScope acquisition to generate full-year sales of $4.6 billion and to be $0.30 accretive to the Company’s Adjusted Diluted EPS in 2026, above prior expectations of $4.1 billion in sales and $0.15 accretion.
  2. Revenue Performance and Mix · Revenue growth & mixPriority 83
    +103.0% revenue (realized); 3 sources (news, press_release, sec_filing); structured_verified
    Second-quarter 2026 sales: $8.8 billion, up 55% year over year in U.S. dollars and up 30% organically.
  3. Guidance / Outlook · Guidance & outlookPriority 81
    +30.6% revenue; 2 sources (news, press_release); 3 forward row(s); quote_verified
    AMPHENOL CORP /DE/ third quarter 2026 sales guidance: $9.3 billion to $9.4 billion, representing a 50% to 52% increase over the prior year quarter, assuming continuation of current market conditions and constant exchange rates.
  4. Operating Margin Drivers · Gross marginPriority 75
    +26.6% operating_income (realized); 2 sources (news, sec_filing); structured_verified
    Net income attributable to Amphenol Corporation and Diluted EPS were $1,769.2 and $1.37, respectively, for Q2 2026, compared to $1,091.3 and $0.86, respectively, for Q2 2025.
  5. AI Infrastructure Demand · UnclassifiedPriority 71
    2 sources (news, sec_filing); quote_verified
    Amphenol is Nvidia's primary connector supplier and is benefiting from hyperscaler AI data center capex.
  6. Operating Cash Flow and Capex · Capital expenditurePriority 71
    -15.3% cash (realized); 2 sources (press_release, sec_filing); structured_verified
    Net cash used in investing activities was $(11,703.6) for the six months ended June 30, 2026 compared to $(2,964.2) for the six months ended June 30, 2025.
  7. Liquidity and Debt Position · Debt, leverage & refinancingPriority 70
    +1.0% liability; 2 sources (press_release, sec_filing); 2 forward row(s); structured_verified
    On August 22, 2025, the Company entered into a three-year, $2,000.0 unsecured delayed draw term loan credit agreement (the Three-Year Delayed Draw Term Loan) and a 364-day, $2,000.0 unsecured delayed draw term loan credit agreement (the 364-Day Delayed Draw Term Loan)
  8. Supply Chain and Inventory · Supply chain & operationsPriority 64
    -13.4% cash (realized); 2 sources (press_release, sec_filing); quote_verified
    Inventories increased $1,126.7 to $4,551.6 as of June 30, 2026 primarily due to the 2026 Acquisitions and higher sales; inventory days were 76 days at June 30, 2026 and 77 days at December 31, 2025.
  9. Dividend Declaration · Buybacks & dividendsPriority 62
    2 sources (press_release, sec_filing); 2 forward row(s); quote_verified
    Dividends declared per share for the three months ended June 30, 2026: $0.25 and for the three months ended June 30, 2025: $0.165; for the six months ended June 30, 2026: $0.50 and for the six months ended June 30, 2025: $0.33
  10. Order Backlog and Book-to-Bill · Demand, orders & backlogPriority 59
    2 sources (news, press_release); 1 forward row(s); quote_verified
    Order book strength: $10.7 billion.
  11. Income Tax Rate Changes · TaxPriority 58
    2 sources (press_release, sec_filing); 1 forward row(s); quote_verified
    AMPHENOL CORP /DE/ increased its Adjusted Effective Tax Rate to 27.0% as a result of the China tax matter and a continued shift in income to higher-tax jurisdictions.
  12. Working Capital and Receivables · Working capitalPriority 53
    +4.6% assets (realized); structured_verified
    Accounts receivable increased $2,073.0 to $6,790.1 as of June 30, 2026 primarily due to higher sales and the 2026 Acquisitions; days sales outstanding were 69 days at June 30, 2026 and 66 days at December 31, 2025.

Threads by pillar

Revenue & Demand Priority 88 · 6 threads

Costs & Margins Priority 83 · 4 threads

Capital & Balance Sheet Priority 89 · 7 threads

Strategy & Portfolio Priority 86 · 2 threads

Legal, Regulatory & Policy Priority 31 · 1 thread

Guidance & Outlook Priority 81 · 1 thread

Unclassified Priority 85 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
revenue+37.1%+37.1%+103.0%
cash-1.0%+1.0%-55.9%
liability+1.0%+1.0%-18.1%
margin——+4.4%
net_income——+9.4%
operating_income——+22.8%
assets——+54.8%