Amphenol Reports Record Q3 2026 Results Driven by AI Demand
Amphenol (APH) delivered exceptional third-quarter 2026 results, reporting net sales of $10.2 billion, a 65% increase in U.S. dollars. The company's performance was heavily propelled by the IT Datacom segment, which saw 77% organic growth as artificial intelligence applications now account for approximately three-quarters of that segment's revenue. Order bookings surged to $12.17 billion, nearly doubling compared to the same period last year, signaling strong future demand across most end markets. Despite a significant organic decline in communications networks due to broadband spending softness, Amphenol raised its full-year outlook and announced a new $4 billion stock repurchase program alongside a 20% dividend increase.
Topics: artificial intelligence earnings report financial guidance revenue growth