Filing Flows › Amphenol (APH) › Q1 2025
Amphenol (APH) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 25, 2025
Amphenol (APH) reported revenue of $4.8B for the first quarter 2025 (Q1 2025), +48% from a year earlier and +11% from the quarter before. Operating margin was 21.3%, net earnings $738M (15.3% of revenue).
Amphenol, Q1 2025: revenue $4.8B (+48% year over year), operating margin 21.3%, net earnings $738M, operating cash flow $765M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8B | +11% | +48% |
| Gross profit | $1.6B | +11% | +51% |
| Operating profit | $1.0B | +7% | +50% |
| Net earnings | $738M | -1% | +34% |
| Operating cash flow | $765M | -10% | +28% |
| Free cash flow | $576M | -11% | +14% |
What changed
Revenue was $4.8B in Q1 2025, up 48% year over year and up 11% from the previous quarter. Communications Solutions was the largest line at 50% of revenue. Communications Solutions added $1.1B year over year (up 91%), 74% of the total change.
Gross margin was 34.2%, up 0.7 points from a year earlier. Operating profit was $1.0B, a 21.3% margin (up 0.3 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 21% margin then. Operating expenses grew 53% against revenue growth of 48%. Net earnings were $0.74B, up 34% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.76B (up 28% year over year), 103% of net earnings. Non-cash charges added back $0.24B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $0.19B left free cash flow of $0.58B.
Questions
What was Amphenol's revenue in the first quarter 2025?
Amphenol (APH) reported revenue of $4.8B for the first quarter 2025 (Q1 2025), +48% from a year earlier and +11% from the quarter before.
Was Amphenol profitable in the first quarter 2025?
Operating profit was $1.0B (21.3% of revenue) and net earnings $738M.
Source: Amphenol 10-Q on SEC EDGAR.