AME · 10-Q · 2026Q2 · Full report

Interest Expense Increase

AMETEK INC/ · 2026-08-04 · Importance 71 · Surprise 82 · Contradicted

Second-quarter 2026 interest expense increased 78.6% year over year to $30.1 million, primarily because AMETEK incurred $10.0 million of bridge-loan financing fees related to the Indicor Instrumentation acquisition. For the first six months of 2026, interest expense increased 42.2% to $51.0 million from $35.9 million. The bridge loan was terminated in June 2026 after AMETEK executed a new Revolving Credit Agreement and Term Loan Agreement.

Key facts

• Interest expense for Q2 2026 was $30.1 million, an increase of $13.2 million or 78.6%, compared with $16.9 million for Q2 2025; the increase was primarily due to $10.0 million of fees associated with the bridge loan financing entered into in connection with the Indicor Instrumentation agreement. source
• Interest expense for the first six months of 2026 was $51.0 million, an increase of $15.1 million or 42.2%, compared with $35.9 million for the first six months of 2025; the increase was primarily due to $10.0 million of fees associated with the bridge loan financing entered into in connection with the Indicor Instrumentation agreement. source
• Interest expense for the three months ended June 30, 2026: $30,101 (in thousands), compared with $16,857 for the three months ended June 30, 2025. source
• Interest expense for the six months ended June 30, 2026: $51,010 (in thousands), compared with $35,850 for the six months ended June 30, 2025. source

Impact estimates