Filing Flows › Amphenol (APH) › Q3 2026 › vs Q2 2026
Amphenol (APH) Q3 2026 vs Q2 2026 (quarter over quarter)
Amphenol's revenue rose $1.5B (+17%) from $8.8B in Q2 2026 to $10.2B in Q3 2026. The biggest changes: Communications Solutions +$1.2B (+22%); Harsh Environment Solutions +$185M (+10%); Interconnect and Sensor Systems +$86.9M (+6%). Gross margin 39.3% against 40.5% (-1.3 pts).
Amphenol, Q3 2026: revenue $10.2B (+65% year over year), operating margin 29.5%, net earnings $2.0B, operating cash flow $2.1B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 39.3% | 40.5% | -1.3 pts |
| Operating margin | 29.5% | 29.5% | +0.0 pts |
| Net margin | 19.9% | 20.2% | -0.3 pts |
| Free cash flow margin | 15.8% | 13.7% | +2.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Communications Solutions | $6.6B | $5.4B | $1.2B | +22% |
| Harsh Environment Solutions | $2.0B | $1.9B | $185M | +10% |
| Interconnect and Sensor Systems | $1.6B | $1.5B | $86.9M | +6% |
| Revenue | $10.2B | $8.8B | $1.5B | +17% |
| Gross profit | $4.0B | $3.5B | $468M | +13% |
| Cost of revenue | $6.2B | $5.2B | $1.0B | +19% |
| Operating profit | $3.0B | $2.6B | $436M | +17% |
| Operating expenses | $995M | $963M | $32.0M | +3% |
| Pre-tax earnings | $2.8B | $2.4B | $441M | +18% |
| Other expense, net | $192M | $196M | −$4.6M | -2% |
| SG&A | $980M | $940M | $40.0M | +4% |
| Other operating costs | $15.5M | $23.5M | −$8.0M | -34% |
| Net earnings | $2.0B | $1.8B | $265M | +15% |
| Minority interests | $20.4M | $14.9M | $5.5M | +37% |
| Income tax | $774M | $604M | $170M | +28% |
| Depreciation & amortization | $348M | $341M | $6.4M | +2% |
| Share-based compensation | $47.0M | $45.4M | $1.6M | +4% |
| Working capital & other | $351M | $599M | −$248M | -41% |
| Operating cash flow | $2.1B | $1.6B | $521M | +33% |
| Free cash flow (OCF − capex) | $1.6B | $1.2B | $420M | +35% |
| Capital expenditures | $457M | $356M | $102M | +29% |
Questions
How much did Amphenol's revenue grow quarter over quarter in Q3 2026?
Amphenol's revenue rose $1.5B (+17%) from $8.8B in Q2 2026 to $10.2B in Q3 2026.
What drove Amphenol's revenue change in Q3 2026?
Communications Solutions +$1.2B (+22%); Harsh Environment Solutions +$185M (+10%); Interconnect and Sensor Systems +$86.9M (+6%).