APH · 10-Q · 2026Q3 · Full report

Acquisition-Related Expenses

AMPHENOL CORP /DE/ · 2026-10-30 · Importance 59 · Surprise 82 · In source text

Operating income for the first nine months of 2026 included $287.9 million of acquisition-related expenses, compared with $133.8 million in the first nine months of 2025. The 2026 amount included $155.9 million of acquired-backlog amortization and external transaction costs, plus $132.0 million of non-cash inventory step-up amortization related to CommScope. The comparable 2025 amounts related to the Andrew acquisition and included $56.0 million of acquisition-related expenses and $77.8 million of inventory step-up amortization. Third-quarter 2026 acquisition-related expenses were $15.5 million, primarily external transaction costs.

Key facts

• For the nine months ended September 30, 2026, acquisition-related expenses totaled $287.9 ($232.8 after tax), including $155.9 of backlog amortization and external transaction costs and $132.0 of non-cash inventory step-up amortization associated with CommScope. source
• Nine-month 2026 operating income included $287.9 million of acquisition-related expenses: $155.9 million of acquired-backlog amortization and external transaction costs, plus $132.0 million of CommScope acquisition inventory step-up amortization. source
• Third-quarter 2026 operating income included $15.5 million of acquisition-related expenses, consisting of external transaction costs. source
• For the nine months ended September 30, 2025, acquisition-related expenses totaled $133.8 ($106.3 after tax), including $56.0 of acquired-backlog amortization and external transaction costs and $77.8 of inventory step-up amortization associated with Andrew. source
• For the three months ended September 30, 2026, the Company incurred $15.5 ($14.2 after tax) of acquisition-related expenses, consisting of external transaction costs associated with acquisitions. source

Impact estimates