APH · 8-K · 20260729PR087904

Income Tax Rate Changes

AMPHENOL CORP /DE/ · 2026-07-29 · Importance 63 · Surprise 64 · In source text

Second-quarter income tax provision increased to $604.3 million from $247.3 million, and the reported effective tax rate rose to 25.3% from 18.3%. Six-month income tax provision was $1,306.5 million, including $329.0 million of discrete tax items. The six-month discrete items included $130.0 million from unfavorable China tax determinations, $160.0 million from reassessed China tax obligations, and $39.0 million for potential foreign tax settlements. Adjusted effective tax rate increased to 27.0% because of the China tax matter and a shift of income toward higher-tax jurisdictions.

Key facts

• 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. source
• AMPHENOL CORP /DE/ for the three months ended June 30, 2026 recorded excess tax benefits related to stock-based compensation of $80.5 million ($0.06 per share) and for the six months ended June 30, 2026 recorded excess tax benefits of $131.4 million ($0.10 per share). source

Impact estimates