Filing Flows › Amphenol (APH) › Q2 2025
Amphenol (APH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 25, 2025
Amphenol (APH) reported revenue of $5.7B for the second quarter 2025 (Q2 2025), +57% from a year earlier and +17% from the quarter before. Operating margin was 25.1%, net earnings $1.1B (19.3% of revenue).
Amphenol, Q2 2025: revenue $5.7B (+56% year over year), operating margin 25.1%, net earnings $1.1B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7B | +17% | +57% |
| Gross profit | $2.1B | +25% | +69% |
| Operating profit | $1.4B | +38% | +103% |
| Net earnings | $1.1B | +48% | +108% |
| Operating cash flow | $1.4B | +85% | +113% |
| Free cash flow | $1.1B | +94% | +114% |
What changed
Revenue was $5.7B in Q2 2025, up 57% year over year and up 17% from the previous quarter. Communications Solutions was the largest line at 51% of revenue. Communications Solutions added $1.5B year over year (up 101%), 72% of the total change.
Gross margin was 36.3%, up 2.7 points from a year earlier. Operating profit was $1.4B, a 25.1% margin (up 5.8 points year over year). Of the extra revenue versus a year earlier, 35% reached operating profit, above the 19% margin then. Operating expenses grew 23% against revenue growth of 57%. The fastest-growing cost line was SG&A (+40%). Net earnings were $1.1B, up 108% year over year. The effective tax rate was 18.3%.
Operating cash flow was $1.4B (up 113% year over year), 129% of net earnings. Non-cash charges added back $0.21B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $0.30B left free cash flow of $1.1B.
Questions
What was Amphenol's revenue in the second quarter 2025?
Amphenol (APH) reported revenue of $5.7B for the second quarter 2025 (Q2 2025), +57% from a year earlier and +17% from the quarter before.
Was Amphenol profitable in the second quarter 2025?
Operating profit was $1.4B (25.1% of revenue) and net earnings $1.1B.
Source: Amphenol 10-Q on SEC EDGAR.