Companies /Technology

Amphenol Corp - Class A

NYSE: APH Electronic Components
$160.86
▼ $0.49 (−0.30%) today
Markets open · 2:08pm ET

Q2 2025 Earnings

Reported Jul 23, 2025, 10:58am ET · SEC source
$0.81
Beat +21.66%
EPS · est. $0.67
$5.7B
Beat +12.10%
Revenue · est. $5.0B
+6.8%
Beating market
APH vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%−4%0+4%Jul 23Jul 24report 10:58am ETearnings+0.7%−0.3%
−8%−4%0+4%Jul 23Jul 24earnings+0.7%−0.3%
APH −0.3%S&P 500 +0.7%
−8%−4%0+4%Jul 23Jul 24report 10:58am ETearnings+0.8%−0.3%
−8%−4%0+4%Jul 23Jul 24earnings+0.8%−0.3%
APH −0.3%NASDAQ +0.8%
−8%−4%0Jul 22Jul 31report 10:58am ETearnings+1.1%+2.7%
−8%−4%0Jul 22Jul 31earnings+1.1%+2.7%
APH +2.7%S&P 500 +1.1%
−8%−4%0Jul 22Jul 31report 10:58am ETearnings+1.7%+2.7%
−8%−4%0Jul 22Jul 31earnings+1.7%+2.7%
APH +2.7%NASDAQ +1.7%
−1.05%
Day of report
+3.72%
Next session
+4.75%
One week
+8.59%
30 days

S&P 500 over the same 30 days: +1.75%.

Did APH Beat Earnings? Q2 2025 Results

Amphenol delivered a blowout second quarter for the period ending June 2025, posting adjusted diluted EPS of $0.81, a 21.66% beat against the $0.67 consensus estimate, while revenue of $5.65 billion topped expectations by 12.10% and surged 56.5% year over year. The single most powerful engine behind the quarter was explosive momentum in the IT datacom market, which drove the Communications Solutions segment to $2.91 billion in revenue, a 101% year-over-year increase combining 78% organic growth with 23% from acquisitions, reflecting soaring global demand for high-speed interconnect solutions tied to artificial intelligence infrastructure. Adjusted operating margin expanded to a robust 25.6%, underscoring the company's ability to scale profitably. The strategic narrative extends well beyond the quarter, with Amphenol separately announcing a $10.50 billion deal to acquire CommScope's connectivity and cable solutions business, signaling continued aggressive expansion. For Q3 2025, management guided revenue of $5.40 billion to $5.50 billion, representing 34% to 36% year-over-year growth, with adjusted diluted EPS of $0.77 to $0.79.

Key Takeaways
  • Exceptional organic growth in the IT datacom market
  • Strong organic growth across all end markets
  • Contributions from the company's acquisition program including the Andrew Business from CommScope
  • Record Adjusted Operating Margin of 25.6%
  • 41% organic net sales growth year-over-year

“We are pleased to have closed the second quarter of 2025 with record sales and Adjusted Diluted EPS, both significantly exceeding the high end of our guidance. Sales increased from prior year by 57%, driven by strong organic growth in all of our end markets including exceptional organic growth in the IT datacom market as well as contributions from the Company's acquisition program. In the second quarter, we once again realized excellent profitability with Adjusted Operating Margin reaching a record 25.6%. We are extremely proud of the Company's outstanding performance.”

Amphenol CEO, on the earnings call

Forward Guidance & Outlook

For Q3 2025, assuming continuation of current market conditions and constant exchange rates, Amphenol expects sales of $5.4 billion to $5.5 billion, representing 34% to 36% year-over-year growth. Adjusted Diluted EPS is expected to be in the range of $0.77 to $0.79, representing a 54% to 58% increase from Q3 2024.

APH YoY Financials

Q2 2025 vs Q2 2024 · SEC filings Q2 2024 Q2 2025
$0$2.0B$4.0B$6.0B$3.6B$5.7BRevenue$1.2B$2.1BGross Profit$768.8M$1.4BOperating Income$524.8M$1.1BNet Income
$0$2.0B$4.0B$6.0BRevenueGross ProfitOperating IncomeNet Income

APH Revenue by Segment

Communications Solutions$2.9B+101.0%
Harsh Environment Solutions$1.4B+38.0%
Interconnect and Sensor Systems$1.3B+16.0%

Figures from SEC filings and company reports. Not investment advice.