Filing Flows › Ametek (AME) › Q1 2026
Ametek (AME) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Ametek (AME) reported revenue of $1.9B for the first quarter 2026 (Q1 2026), +11% from a year earlier and -4% from the quarter before. Operating margin was 26.7%, net earnings $399M (20.7% of revenue).
Ametek, Q1 2026: revenue $1.9B (+11% year over year), operating margin 26.7%, net earnings $399M, operating cash flow $452M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.9B | -4% | +11% |
| Operating profit | $515M | +2% | +13% |
| Net earnings | $399M | +0.2% | +14% |
| Operating cash flow | $452M | -23% | +8% |
| Free cash flow | $426M | -19% | +8% |
What changed
Revenue was $1.9B in Q1 2026, up 11% year over year and down 4% from the previous quarter. Process and analytical instrumentation was the largest line at 46% of revenue. Process and analytical instrumentation added $0.11B year over year (up 15%), 58% of the total change.
Operating profit was $0.51B, a 26.7% margin (up 0.4 points year over year). Of the extra revenue versus Q1 2025, 31% reached operating profit, above the 26% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was Sales & marketing (+22%). Net earnings were $0.40B, up 14% year over year. The effective tax rate was 19.0%.
Operating cash flow was $0.45B (up 8% year over year), 113% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.03B left free cash flow of $0.43B.
Questions
What was Ametek's revenue in the first quarter 2026?
Ametek (AME) reported revenue of $1.9B for the first quarter 2026 (Q1 2026), +11% from a year earlier and -4% from the quarter before.
Was Ametek profitable in the first quarter 2026?
Operating profit was $515M (26.7% of revenue) and net earnings $399M.
Source: Ametek 10-Q on SEC EDGAR.