APH · 8-K · 20261028PR119421
Income Tax Rate Changes
AMPHENOL CORP /DE/ · 2026-10-28 · Importance 46 · Surprise 42 · In source text
The Q3 2026 income-tax provision was $774.5 million, including a $60.0 million discrete tax item related to settlements of foreign tax matters. The nine-month provision was $2,081.0 million and included $389.0 million of discrete tax items, or $0.15 per diluted share. Those items included $130.0 million from unfavorable China tax-authority determinations and $160.0 million of additional China tax obligations following reassessment of prior-year tax-rate assumptions. Amphenol increased its adjusted effective tax rate to 27.0% in light of these matters and a continued shift of income to higher-tax jurisdictions.
Key facts
- Amphenol recorded $389.0 million in discrete tax items for the first nine months of 2026, including $39.0 million for potential foreign tax settlements, $60.0 million for foreign tax settlements, $130.0 million related to China tax determinations, and $160.0 million in additional China tax obligations. source
- Amphenol increased its Adjusted Effective Tax Rate to 27.0% in response to the tax matters and a continued shift of income to higher-tax jurisdictions. source
- Amphenol’s GAAP effective tax rate for the third quarter of 2026 was 27.4%, compared with 23.5% in the third quarter of 2025. source
- Amphenol’s adjusted effective tax rate was 27.0% for the third quarter of 2026 and 27.0% for the first nine months of 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -3.8% | Amphenol recorded $389.0 million in discrete tax items for the first nine months of 2026, including $39.0 million for potential foreign… |
| net_income | negative | committed | — | Amphenol increased its Adjusted Effective Tax Rate to 27.0% in response to the tax matters and a continued shift of income to higher-tax… |