Amphenol (APH) Gross Margin (2009 - 2026)
Amphenol's (APH) quarterly Gross Margin came in at 40.51% in Q2 2026, up 417.0% year-over-year from 7.84% in Q2 2025, and up 10.24% quarter-over-quarter from 36.75% in Q1 2026.
Analysis
Amphenol (APH) Gross Margin (2009 - 2026) Analysis & Trends
Amphenol has disclosed Gross Margin across 18 years of filings, most recently posting 40.51% for Q2 2026.
- In Q2 2026, Gross Margin rose 417.0% year-over-year to 40.51%; the TTM figure through Jun 2026 stood at 38.5% (up 377.0% YoY), while the FY2025 annual figure was 36.88%, up 312.0% from the prior year.
- Gross Margin came in at 40.51% for Q2 2026 at Amphenol, up from 36.75% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.51% in Q2 2026 to a low of 31.39% in Q1 2022.
- Average Gross Margin over 5 years is 34.26%, with a median of 33.52% recorded in 2024.
- Year-over-year, Gross Margin increased 24 bps in 2022 and surged 449 bps in 2025.
- Over 5 years, Gross Margin stood at 32.03% in 2022, then gained by 3 bps to 33.07% in 2023, then climbed by 4 bps to 34.29% in 2024, then rose by 11 bps to 38.22% in 2025, then increased by 6 bps to 40.51% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 40.51% in Q2 2026, 36.75% in Q1 2026, and 38.22% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 199.69 Bn | 193.59 Bn | 3.55 Bn | 40.51% |
| 2 | Eaton | 161.72 Bn | 161.02 Bn | 2.86 Bn | 33.47% |
| 3 | Vertiv Holdings | 100.50 Bn | 97.39 Bn | 1.23 Bn | 37.71% |
| 4 | TE Connectivity | 59.68 Bn | 58.44 Bn | 1.84 Bn | 35.56% |
| 5 | nVent Electric | 25.78 Bn | 25.53 Bn | 558.00 Mn | 37.93% |
| 6 | Hubbell | 24.03 Bn | 23.64 Bn | 613.00 Mn | 35.81% |
| 7 | Advanced Energy Industries | 11.14 Bn | 9.73 Bn | 236.10 Mn | 41.13% |
| 8 | Aptiv | 9.48 Bn | 8.71 Bn | 775.00 Mn | 23.67% |
| 9 | Valmont Industries | 9.28 Bn | 9.14 Bn | 340.82 Mn | 30.47% |
| 10 | Vicor | 8.38 Bn | 7.93 Bn | 83.12 Mn | 57.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.51% |
| Mar 31, 2026 | 36.75% |
| Dec 31, 2025 | 38.22% |
| Sep 30, 2025 | 38.09% |
| Jun 30, 2025 | 36.34% |
| Mar 31, 2025 | 34.17% |
| Dec 31, 2024 | 34.29% |
| Sep 30, 2024 | 33.60% |
| Jun 30, 2024 | 33.61% |
| Mar 31, 2024 | 33.44% |
| Dec 31, 2023 | 33.07% |
| Sep 30, 2023 | 32.77% |
| Jun 30, 2023 | 32.47% |
| Mar 31, 2023 | 31.72% |
| Dec 31, 2022 | 32.03% |
| Sep 30, 2022 | 32.17% |
| Jun 30, 2022 | 32.01% |
| Mar 31, 2022 | 31.39% |
| Dec 31, 2021 | 31.10% |
| Sep 30, 2021 | 31.57% |