Craig Lamp
Chief Financial Officer
Replay available
Amphenol Corporation (APH) Q2 2025 Earnings Call
Amphenol Corporation (NYSE: APH) Q2 2025 earnings conference call, held 2025-07-23. Replay captured from the company's public earnings webcast.
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:04.156 As a reminder, during the call, we may refer to certain non-GAAP financial measures and 00:00:04.156 -- 00:00:07.921 make certain forward-looking statements, so please refer to the relevant disclosures 00:00:07.921 -- 00:00:11.103 in our press release for further information. 00:00:11.747 -- 00:00:18.175 The company closed the second quarter of 2025 with record sales of $5,650,000,000 and 00:00:18.175 -- 00:00:24.341 record GAAP and adjusted diluted EPS of 86 cents and 81 cents, respectively. 00:00:24.343 -- 00:00:29.613 Second quarter sales were up 57% in US dollars, 56% in local currencies, 00:00:29.613 -- 00:00:34.557 and 41% organically compared to the second quarter of 2024. 00:00:34.960 -- 00:00:40.186 Sequentially, sales were up 17% in U.S. dollars, 16% in local currencies, 00:00:40.186 -- 00:00:42.887 and 14% organically. 00:00:42.950 -- 00:00:47.215 Adam will comment further on trends by market in a few minutes. 00:00:47.215 -- 00:00:51.861 Orders in the quarter were a record $5,523,000,000, up a strong 36% 00:00:51.861 -- 00:00:57.322 compared to the second quarter of 2024, and up 4% sequentially. 00:00:57.322 -- 00:01:01.145 resulting in a book-to-bill ratio of 0.98 to 1. 00:01:01.750 -- 00:01:04.594 Gap operating income was $1,419,000,000 00:01:04.594 -- 00:01:10.341 in the quarter, and gap operating margin was a record 25.1%. 00:01:10.565 -- 00:01:16.031 Gap operating margin included $29,000,000 of acquisition-related costs. 00:01:16.034 -- 00:01:19.981 Excluding these acquisition-related costs, adjusted operating income in the second quarter 00:01:19.981 -- 00:01:21.537 of 2025 00:01:21.537 -- 00:01:23.777 was $1,448,000,000 00:01:24.022 -- 00:01:27.368 resulting in a record adjusted operating margin of 25.6%. 00:01:2...