Amphenol (APH) Operating Expenses (2009 - 2026)
Amphenol's (APH) quarterly Operating Expenses came in at $963.4 million in Q2 2026, up 51.84% year-over-year from $634.5 million in Q2 2025, and down 82.41% quarter-over-quarter from $5.5 billion in Q1 2026.
Analysis
Amphenol (APH) Operating Expenses (2009 - 2026) Analysis & Trends
Amphenol has disclosed Operating Expenses across 18 years of filings, most recently posting $963.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 51.84% year-over-year to $963.4 million; the TTM figure through Jun 2026 stood at $15.5 billion (up 44.83% YoY), while the FY2025 annual figure was $16.8 billion, up 43.19% from the prior year.
- Operating Expenses came in at $963.4 million for Q2 2026 at Amphenol, down from $5.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.5 billion in Q1 2026 to a low of $336.8 million in Q1 2022.
- Average Operating Expenses over 5 years is $1.7 billion, with a median of $462.4 million recorded in 2023.
- Year-over-year, Operating Expenses decreased 3.16% in 2022 and soared 799.18% in 2025.
- Over 5 years, Operating Expenses stood at $371.4 million in 2022, then advanced by 10.5% to $410.4 million in 2023, then soared by 704.31% to $3.3 billion in 2024, then jumped by 39.23% to $4.6 billion in 2025, then plunged by 79.04% to $963.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $963.4 million in Q2 2026, $5.5 billion in Q1 2026, and $4.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 199.63 Bn | 193.52 Bn | 3.55 Bn | 963.40 Mn |
| 2 | Eaton | 161.79 Bn | 161.10 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Vertiv Holdings | 101.09 Bn | 97.98 Bn | 1.23 Bn | 490.50 Mn |
| 4 | TE Connectivity | 59.62 Bn | 58.38 Bn | 1.84 Bn | 92.00 Mn |
| 5 | nVent Electric | 25.81 Bn | 25.55 Bn | 558.00 Mn | 257.30 Mn |
| 6 | Hubbell | 24.06 Bn | 23.66 Bn | 613.00 Mn | 264.40 Mn |
| 7 | Advanced Energy Industries | 11.16 Bn | 9.74 Bn | 236.10 Mn | 141.00 Mn |
| 8 | Aptiv | 9.49 Bn | 8.73 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Valmont Industries | 9.29 Bn | 9.15 Bn | 340.82 Mn | 174.71 Mn |
| 10 | Vicor | 8.41 Bn | 7.96 Bn | 83.12 Mn | 48.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 963.40 Mn |
| Mar 31, 2026 | 5.48 Bn |
| Dec 31, 2025 | 4.60 Bn |
| Sep 30, 2025 | 4.43 Bn |
| Jun 30, 2025 | 634.50 Mn |
| Mar 31, 2025 | 3.63 Bn |
| Dec 31, 2024 | 3.30 Bn |
| Sep 30, 2024 | 3.11 Bn |
| Jun 30, 2024 | 514.30 Mn |
| Mar 31, 2024 | 404.20 Mn |
| Dec 31, 2023 | 410.40 Mn |
| Sep 30, 2023 | 390.60 Mn |
| Jun 30, 2023 | 371.80 Mn |
| Mar 31, 2023 | 351.70 Mn |
| Dec 31, 2022 | 371.40 Mn |
| Sep 30, 2022 | 378.90 Mn |
| Jun 30, 2022 | 355.40 Mn |
| Mar 31, 2022 | 336.80 Mn |
| Dec 31, 2021 | 348.30 Mn |
| Sep 30, 2021 | 318.70 Mn |