What is the primary revenue source for Amphenol (APH)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze APH's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Amphenol's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Amphenol Makes Money: APH Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

The largest revenue segment accounts for 60.56% of revenue, indicating concentration.

Operating margin improved by 3.61 percentage points year over year.

Revenue: USD 16.38B
Largest revenue segment share (Communications Solutions): 60.56%
Cost of revenue: USD 10.03B
Selling, general and administrative: USD 1.79B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of sales · CostOfRevenue
Selling, general and administrativeSelling, general and administrative expenses · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Communications Solutions)Communications Solutions · segment_value / revenue * 100
Operating marginSegment operating income · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Watch

Liabilities and shareholder equity jointly fund the asset base, with a broadly stable mix.

Goodwill accounts for 39.18% of total assets, a high share where impairment could hit earnings and equity.

Goodwill: USD 17.55B
Accounts receivable: USD 6.79B
Cash and cash equivalents: USD 4.73B
Total liabilities: USD 29.18B
Shareholder equity: USD 15.61B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

GoodwillGoodwill · Goodwill
Shareholder equityEquity, including portion attributable to noncontrolling interest · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesLiabilities · Liabilities
Accounts receivableAccounts receivable, after allowance for credit loss, current · AccountsReceivableNetCurrent
Cash and cash equivalentsCash and cash equivalents · CashAndCashEquivalentsAtCarryingValue

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 99.13% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 2.70B
Operating cash flow: USD 2.68B
Cash conversion: 99.13%
Free cash flow: USD 2.03B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet income attributable to amphenol corporation · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 614.00M
Share repurchases: USD 386.00M
Stock issuance proceeds: USD 200.60M
Net shareholder return: USD 799.40M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsDividends paid (including those declared in the prior year) · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsProceeds from exercise of stock options · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

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Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?