Arrow Electronics Reports Record Q3 2026 Revenue Driven by AI and Cloud Demand
Arrow Electronics (ARW) delivered a record-breaking third quarter for 2026, reporting revenue of $10.72 billion, a 39% increase year-over-year. The company saw significant growth in its Global Components segment, which rose 43%, and its Enterprise Computing Solutions (ECS) segment, which grew 29%. This performance was largely fueled by surging demand for AI infrastructure, cloud services, and cybersecurity solutions. To support a robust pipeline of large orders for AI-related hardware, the company significantly increased its inventory to $7.31 billion. Despite a shift in product mix toward lower-margin hardware within the ECS segment, Arrow demonstrated strong profitability with Non-GAAP diluted EPS rising 158% to $6.22. Looking ahead, management provided optimistic Q4 guidance, projecting revenue between $11.55 billion and $12.15 billion.
Tickers: $ARW
Topics: AI infrastructure demand EPS beat operating margin expansion revenue growth