AME · 10-Q · 2026Q2 · Full report
Order Backlog and Book-to-Bill
AMETEK INC/ · 2026-08-04 · Importance 65 · Surprise 48 · In source text
Second-quarter orders reached a record $2,284.0 million, increasing 28.2% from $1,782.1 million in the second quarter of 2025. The quarterly order increase reflected 25% organic growth and 6% acquisition growth, partly offset by a 3% unfavorable foreign-currency translation effect. Six-month orders increased 25.7% to $4,501.5 million, driven by 24% organic growth and 4% acquisition growth, partly offset by a 2% currency effect. Backlog at June 30, 2026 was a record $4,110.2 million, up 14.8% from $3,581.5 million at December 31, 2025.
Key facts
- The Company's backlog of unfilled orders at June 30, 2026 was $4,110.2 million, an increase of $528.7 million or 14.8% compared with $3,581.5 million at December 31, 2025. source
- Orders for Q2 2026 were a record $2,284.0 million, an increase of $501.9 million or 28.2%, compared with $1,782.1 million for Q2 2025. source
- Orders for the first six months of 2026 were $4,501.5 million, an increase of $921.7 million or 25.7%, compared with $3,579.8 million for the first six months of 2025; the increase was due to a 24% organic order increase, a 4% increase from acquisitions, partially offset by a 2% unfavorable effect of foreign currency translation. source
- For the six months ended June 30, 2026, the Company recognized revenue of $307.1 million that was previously included in the beginning balance of contract liabilities. source
- The remaining performance obligations not expected to be completed within one year as of June 30, 2026: $747.7 million. source
- The remaining performance obligations as of December 31, 2025: $627.4 million. source
- Contract assets – June 30, 2026: $177,868 (in thousands); change in contract assets – increase for six months ended June 30, 2026: $17,972 (in thousands). source
- Contract liabilities – June 30, 2026: $502,973 (in thousands); change in contract liabilities – (increase) decrease for six months ended June 30, 2026: ($54,124) (in thousands). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +31.1% | The remaining performance obligations not expected to be completed within one year as of June 30, 2026: $747.7 million. |
| revenue | positive | probable | +22.5% | Orders for the first six months of 2026 were $4,501.5 million, an increase of $921.7 million or 25.7%, compared with $3,579.8 million for… |
| revenue | positive | realized | +15.0% | For the six months ended June 30, 2026, the Company recognized revenue of $307.1 million that was previously included in the beginning… |
| revenue | positive | probable | +12.9% | The Company's backlog of unfilled orders at June 30, 2026 was $4,110.2 million, an increase of $528.7 million or 14.8% compared with… |
| revenue | positive | probable | +12.3% | Orders for Q2 2026 were a record $2,284.0 million, an increase of $501.9 million or 28.2%, compared with $1,782.1 million for Q2 2025. |
| liability | negative | realized | -0.3% | Contract liabilities – June 30, 2026: $502,973 (in thousands); change in contract liabilities – (increase) decrease for six months ended… |
| assets | positive | realized | +0.1% | Contract assets – June 30, 2026: $177,868 (in thousands); change in contract assets – increase for six months ended June 30, 2026: $17,972… |