Amphenol Corporation (APH) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the fourth quarter 2025 earnings conference call for Amphenol Corporation. Following today's presentation, there will be a formal question and answer session. Until then, all lines will remain in a listen-only mode. At the request of the company, today's conference is being recorded. If anyone has any objections, you may disconnect at this time. I would now like to introduce today's conference host, Mr. Craig Lampo. Sir, you may begin. Great. Thank you so much. Good afternoon, everyone. This is Craig Lampo, Ampinoth CFO, and I'm here together with Adam Norwit, our CEO. We would like to wish everyone a happy new year and welcome you to our fourth quarter of 2025 conference call. Our fourth quarter of 2025 results were released this morning. I will provide some financial commentary, and then Adam will give an overview of the business and current market trends. Then we will take your questions. As a reminder, during the call, we may refer to certain non-GAAP financial measures and make certain forward-looking statements. Please refer to the relevant disclosures in our press release for further information. The company closed the fourth quarter of 2025 with record sales of $6.4 billion and gap in adjusted diluted EPS of $0.97 and $0.93, respectively. The fourth quarter sales were up 49% in US dollars, 48% in local currencies, and 37% organically compared to the fourth quarter of 2024. Sequentially, sales were up 4% in US dollars and in local currencies, and up 3% organically. Adam will comment further on trends by market in a few minutes. For the full year of 2025, sales were approximately $23.1 billion, up 52% in US dollars, 51% in local currencies, and 38% organically compared to 2024. We were very encouraged by our orders in the quarter, which wer...