APH
Record quarter, no notes
Amphenol came out swinging for Q1 2026, reporting record sales and adjusted diluted EPS that both beat the top end of its own guidance. That’s not the usual “we’re pleased” earnings script — that’s a company saying the engine is still purring while everybody else is squinting at the dashboard.
The big kicker: 58% growth
Sales jumped 58% from a year ago, and management pointed to strong organic growth across most end markets. The real headline inside the headline? Exceptional organic growth in IT datacom, which is exactly the kind of business investors love when the market starts obsessing over data centers, AI racks, and all the invisible plumbing that keeps the digital world from catching fire.
Why you should care
For investors, this is the difference between a company simply riding a cycle and one that’s still finding new gears. Amphenol isn’t just selling more stuff — it’s selling more of the right stuff into hot end markets, which can support both revenue and margin momentum.
The takeaway
If you own APH, this is the kind of print that keeps the bull case intact: strong demand, broad-based growth, and a datacom tailwind that doesn’t look ready to disappear just because the calendar flipped.
Big picture: in a market obsessed with the flashy AI names, Amphenol is basically saying, “Cool story — but somebody still has to build the guts of the machine.”