APH · 10-Q · 2026Q2 · Full report

Acquisition-Related Expenses

AMPHENOL CORP /DE/ · 2026-07-31 · Importance 71 · Surprise 82

Acquisition-related expenses increased to $272.4 million for the six months ended June 30, 2026, from $133.8 million in the prior-year period, a 103.6% increase. The 2026 expenses included $140.4 million of backlog amortization and external transaction costs and $132.0 million of inventory step-up amortization associated with CommScope. After-tax acquisition-related expenses were $218.6 million, compared with $106.3 million in the prior-year period.

Key facts

• Operating income for the six months ended June 30, 2026 includes $272.4 of acquisition-related expenses, comprised of non-cash amortization related to acquired backlog from the CommScope and Trexon acquisitions and external transaction costs, and $132.0 of acquisition-related inventory step-up costs associated with the CommScope acquisition recorded in Cost of sales. source
• During the six months ended June 30, 2026, the Company incurred acquisition-related expenses of $272.4 ($218.6 after-tax), comprised of $140.4 presented separately in income (non-cash amortization of backlog and external transaction costs) and $132.0 of non-cash amortization of acquisition-related inventory step-up costs associated with the CommScope acquisition recorded in Cost of sales source
• During the three months ended June 30, 2026, the Company incurred acquisition-related expenses of $23.5 ($18.0 after-tax) comprised of non-cash amortization related to acquired backlog from the CommScope acquisition source
• Operating income for Q2 2026 includes $23.5 of acquisition-related expenses comprised of non-cash amortization of the value associated with acquired backlog from the CommScope acquisition. source
• During the three and six months ended June 30, 2025, the Company incurred acquisition-related expenses of $28.9 ($24.1 after-tax) and $133.8 ($106.3 after-tax), respectively, including inventory step-up costs of $16.9 and $77.8 associated with the Andrew acquisition recorded in Cost of sales source