APH · 10-Q · 2026Q3 · Full report

Interest Expense Increase

AMPHENOL CORP /DE/ · 2026-10-30 · Importance 63 · Surprise 64

Interest expense rose to $212.3 million in third-quarter 2026 from $80.7 million in third-quarter 2025, and to $633.9 million in the first nine months from $238.1 million. The increases were attributed primarily to higher average borrowings from Senior Notes issued in 2025 and 2026 and Delayed Draw Term Loan borrowings used to fund acquisitions, including CommScope.

Key facts

• Interest expense was $212.3 million in third-quarter 2026 and $633.9 million in the first nine months of 2026, compared with $80.7 million and $238.1 million in the comparable 2025 periods. source
• Higher average borrowing levels from 2025 and 2026 Senior Note issuances and Delayed Draw Term Loan borrowings to fund acquisitions, including CommScope, primarily drove the increase in interest expense. source