Amphenol Q3: $6.19B Revenue, EPS $0.93

Amphenol beat expectations in Q3 2025, reporting revenue of $6.19 billion and adjusted EPS of $0.93. Revenue was driven by sustained AI and datacom demand, with communications solutions generating $3.31 billion in sales, up about 96% year‑over‑year. Margins expanded materially — GAAP gross margin rose roughly 450 basis points to 38.1% and adjusted operating margin reached 27.5% — and the company produced approximately $1.47 billion of cash from operations and about $1.22 billion of non‑GAAP free cash flow. Amphenol returned capital via $153 million of share repurchases and $201 million of dividends, and the board approved a 52% quarterly dividend hike to $0.25. The company closed its Trexon acquisition (~$1 billion) and is pursuing an announced CommScope connectivity acquisition to bolster data‑center and defense exposure. Management guided Q4 revenue of $6.0–$6.1 billion and adjusted EPS of $0.89–$0.91, and the results fueled a sharp stock rally as investors weigh continued AI/datacom momentum.