APH · 10-Q · 2026Q2 · Full report
Interest Expense Increase
AMPHENOL CORP /DE/ · 2026-07-31 · Importance 71 · Surprise 82 · From source text
Interest expense increased to $213.7 million in the second quarter of 2026 from $80.9 million in the second quarter of 2025, and to $421.6 million for the first six months from $157.4 million. The increase primarily reflected higher average borrowings from new Senior Notes and Delayed Draw Term Loans used to fund acquisitions, including CommScope. As of June 30, 2026, Amphenol had $934.1 million outstanding under its 364-Day Delayed Draw Term Loan and $1,534.1 million under its Three-Year Delayed Draw Term Loan; the company stated that interest-rate changes could affect floating-rate debt costs, although it did not expect a material effect on net income or cash flows for the remainder of 2026.
Key facts
- Interest expense for Q2 and the first six months of 2026 was $213.7 and $421.6, respectively, compared to $80.9 and $157.4 for the same periods in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -3.0% | Interest expense for Q2 and the first six months of 2026 was $213.7 and $421.6, respectively, compared to $80.9 and $157.4 for the same… |
| net_income | negative | realized | -1.5% | Interest expense for Q2 and the first six months of 2026 was $213.7 and $421.6, respectively, compared to $80.9 and $157.4 for the same… |