About Amphenol Corporation
Amphenol Corporation (NYSE: APH) is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors and interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. Amphenol designs, manufactures and assembles its products at facilities in approximately 40 countries around the world and sells its products through its own global sales force, independent representatives and a global network of electronics distributors. Amphenol has a diversified presence as a leader in high-growth areas of the interconnect market including: automotive, commercial aerospace, communications networks, defense, industrial, information technology and data communications and mobile devices.
Fourth Quarter 2025 Results
Sales of $6.4 billion, up 49% and 37% organically compared to the fourth quarter of 2024. GAAP diluted EPS of $0.93, up 58% compared to prior year. Adjusted diluted EPS of $0.97, up 76% compared to prior year. GAAP and adjusted operating margin of 26.8% and 27.5%, respectively. Operating and free cash flow of $1.7 billion and $1.5 billion, respectively. Completed Trexon acquisition.
Full year 2025 Results
Sales of $23.1 billion, up 52% and 38% organically compared to the full year 2024. GAAP diluted EPS of $3.34, up 74% compared to prior year.
Adjusted diluted EPS of $3.34, up 77% compared to prior year. GAAP and adjusted operating margin of 25.4% and 26.2%, respectively. Operating and free cash flow of $5.4 billion and $4.4 billion, respectively. Completed five acquisitions. Signed agreement to acquire CommScope’s CCS business, and closed on the acquisition in January 2026. Returned nearly $1.5 billion to shareholders.
Share Repurchase
During the fourth quarter, the Company purchased 1.3 million shares of its common stock for $171 million and paid dividends of $202 million, resulting in total capital returned to shareholders of nearly $1.5 billion in 2025.
First Quarter 2026 Outlook
Assuming the continuation of current market conditions as well as constant exchange rates, for the first quarter of 2026, Amphenol expects sales to be in the range of $6.90 billion to $7.00 billion, representing a 43% to 45% increase over the prior year quarter. Adjusted diluted EPS is expected to be in the range of $0.91 to $0.93, representing a 44% to 48% increase from the first quarter of 2025. This guidance includes approximately $900 million in sales and $0.02 in adjusted diluted EPS accretion from the CCS business.