Amphenol Corporation announced record fiscal first-quarter 2026 sales of $7.6 billion, representing a 58% increase in U.S. dollars compared to the same period last year. The company also reported a 33% organic revenue growth, surpassing its previous guidance. Adjusted diluted earnings per share reached $1.06, a 68% rise from the prior year, exceeding analyst estimates of $0.95 by approximately 11.6%.
Following the strong quarterly results, Amphenol issued an optimistic outlook for fiscal second quarter 2026. The company projects sales between $8.1 billion and $8.2 billion, which would mark a 43% to 45% year-over-year increase. Adjusted diluted EPS for the quarter is expected to fall between $1.14 and $1.16, reflecting a 41% to 43% increase over fiscal second quarter 2025.
The company attributed part of its recent performance to the successful integration of the CommScope Connectivity and Cable Solutions business. Amphenol completed the acquisition of CommScope’s CCS unit in January 2026. This transaction expanded the company’s portfolio in fiber optic and data center connectivity products, contributing to sales growth and strengthening capabilities in high-growth market segments.
Amphenol stock has gained approximately 35% since March 31, 2026. The company’s market capitalization stands at $212.8 billion, with shares trading at $173.2 as of July 2, 2026. The stock is currently trading within 2.3% of its 52-week and three-year highs.
Financial metrics for the last twelve months show a revenue change of 54% and an operating margin of 26%. Cash flow from operations totaled $5.7 billion, while free cash flow reached $4.6 billion. Over the past three years, the company has supported its stock price with $2.0 billion in buybacks. The company notes that its business is driven by megatrends including artificial intelligence, cloud computing, 5G connectivity, and electric vehicles.
