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Amphenol Corporation reported record second quarter 2025 results.
“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,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt. “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.”
The Company continues to deploy its financial strength in a variety of ways to increase shareholder value. During the second quarter, the Company purchased 2.0 million shares of its common stock for $160 million and paid dividends of $200 million, resulting in total capital returned to shareholders of approximately $360 million.
Amphenol remains focused on expanding its growth opportunities through a deep commitment to developing enabling technologies for customers across our served end markets, an ongoing strategy of market and geographic diversification as well as an active and successful acquisition program. To that end, we are excited to have closed on Narda-MITEQ (“Narda”) in May 2025. Based in Hauppauge, New York, with annual sales of approximately $120 million, Narda designs and manufactures active RF interconnect components that complement our product offering primarily serving the defense market. The Narda business is included in the Harsh Environment Solutions Segment.
Third Quarter 2025 Outlook
Assuming the continuation of current market conditions as well as constant exchange rates, for the third quarter of 2025, Amphenol expects sales to be in the range of $5.4 billion to $5.5 billion, representing a 34% to 36% increase over the prior year quarter. Adjusted Diluted EPS is expected to be in the range of $0.77 to $0.79, representing a 54% to 58% increase from the third quarter of 2024.
Mr. Norwitt continued, “I am very pleased with the Company’s outstanding second quarter 2025 results. The revolution in electronics continues to accelerate, with new innovations creating exciting growth opportunities for Amphenol across each of our diversified end markets. In turn, we have expanded our range of high-technology interconnect products, both through our organic innovation efforts as well as through our successful acquisition program. This expanded technology position coupled with our unique entrepreneurial culture has strengthened our competitive advantage. Our ongoing drive to leverage that competitive advantage and thereby create sustained financial strength has established an excellent base for the Company’s future performance. I am confident in the ability of our outstanding and expanding entrepreneurial management team to continue to dynamically adjust to changing market conditions, to capitalize on the wide array of growth opportunities that arise in all market cycles and to continue to generate sustainable long-term value for our shareholders and other stakeholders.”
