Filing Flows › Amphenol (APH) › How it makes money
How Amphenol (APH) makes money
Amphenol (APH) made $10.2B of revenue in the third quarter 2026 (Q3 2026), +65% from a year earlier. Communications Solutions brought in $6.6B (64%); Harsh Environment Solutions brought in $2.0B (20%); Interconnect and Sensor Systems brought in $1.6B (16%). Of every dollar of revenue, 39¢ was left as gross profit, 30¢ was left as operating profit, 20¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Communications Solutions | $6.6B | 64.4% | +22% | +99% |
| Harsh Environment Solutions | $2.0B | 20.0% | +10% | +35% |
| Interconnect and Sensor Systems | $1.6B | 15.7% | +6% | +17% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $10.2B | 100.0% |
| Cost of revenue | $6.2B | 60.7% |
| Gross profit | $4.0B | 39.3% |
| Operating expenses | $995M | 9.7% |
| Operating profit | $3.0B | 29.5% |
| Income tax | $774M | 7.6% |
| Net earnings | $2.0B | 19.9% |
| Operating cash flow | $2.1B | 20.3% |
| Free cash flow | $1.6B | 15.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $10.2B | +65% |
| Q2 2026 | $8.8B | +55% |
| Q1 2026 | $7.6B | +58% |
| Q4 2025 | $6.4B | +49% |
| Q3 2025 | $6.2B | +53% |
| Q2 2025 | $5.7B | +56% |
| Q1 2025 | $4.8B | +48% |
From Amphenol's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Amphenol make money?
Amphenol (APH) made $10.2B of revenue in the third quarter 2026 (Q3 2026), +65% from a year earlier. Communications Solutions brought in $6.6B (64%); Harsh Environment Solutions brought in $2.0B (20%); Interconnect and Sensor Systems brought in $1.6B (16%). Of every dollar of revenue, 39¢ was left as gross profit, 30¢ was left as operating profit, 20¢ was left as net earnings.
What is Amphenol's biggest business?
Communications Solutions: $6.6B in the third quarter 2026, 64% of revenue, +99% from a year earlier.
What is Amphenol's profit margin?
Net earnings were $2.0B, 19.9% of revenue, in the third quarter 2026; the operating margin was 29.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.