Filing Flows › Amphenol (APH) › Q2 2026
Amphenol (APH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Amphenol (APH) reported revenue of $8.8B for the second quarter 2026 (Q2 2026), +55% from a year earlier and +15% from the quarter before. Operating margin was 29.5%, net earnings $1.8B (20.2% of revenue).
Amphenol, Q2 2026: revenue $8.8B (+55% year over year), operating margin 29.5%, net earnings $1.8B, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.8B | +15% | +55% |
| Gross profit | $3.5B | +27% | +73% |
| Operating profit | $2.6B | +41% | +82% |
| Net earnings | $1.8B | +90% | +62% |
| Operating cash flow | $1.6B | +39% | +10% |
| Free cash flow | $1.2B | +45% | +7% |
What changed
Revenue was $8.8B in Q2 2026, up 55% year over year and up 15% from the previous quarter. Communications Solutions was the largest line at 61% of revenue. Communications Solutions added $2.5B year over year (up 85%), 80% of the total change.
Gross margin was 40.5%, up 4.2 points from Q2 2025. Operating profit was $2.6B, a 29.5% margin (up 4.4 points year over year). Of the extra revenue versus Q2 2025, 38% reached operating profit, above the 25% margin then. Operating expenses grew 52% against revenue growth of 55%. The fastest-growing cost line was Other operating costs (+96%). Net earnings were $1.8B, up 62% year over year. The effective tax rate was 25.3%.
Operating cash flow was $1.6B (up 10% year over year), 87% of net earnings. Non-cash charges added back $0.34B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.61B. Capital expenditures of $0.36B left free cash flow of $1.2B.
Questions
What was Amphenol's revenue in the second quarter 2026?
Amphenol (APH) reported revenue of $8.8B for the second quarter 2026 (Q2 2026), +55% from a year earlier and +15% from the quarter before.
Was Amphenol profitable in the second quarter 2026?
Operating profit was $2.6B (29.5% of revenue) and net earnings $1.8B.
Source: Amphenol 10-Q on SEC EDGAR.