In 2025, Amphenol Corporation reported net sales of $23,094.7 million, a significant increase from $15,222.7 million in 2024, representing a 52% growth in U.S. dollars, 51% in constant currencies, and 38% organically. Approximately 65% of the company's sales were made outside the United States.
The company's reportable business segments are Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems. The Communications Solutions segment, accounting for approximately 52% of net sales, experienced a 91% increase in net sales in 2025, driven by robust organic growth in the IT datacom market and strong growth in automotive, communications networks, and industrial markets.
The Harsh Environment Solutions segment, representing approximately 26% of net sales, saw a 33% increase in net sales in 2025, driven by strong organic growth in the defense, industrial, commercial aerospace, and IT datacom markets.
The Interconnect and Sensor Systems segment, contributing approximately 22% of net sales, reported a 15% increase in net sales in 2025, primarily driven by robust organic growth in the IT datacom market and moderate organic growth in the automotive market.
The company's strategic objective includes pursuing broad market diversification, developing high-technology performance-enhancing solutions, expanding global presence, controlling costs, pursuing strategic acquisitions and investments, and fostering collaborative, entrepreneurial management.
Amphenol's net sales growth was primarily driven by robust sales growth in Asia, with the comparatively weaker U.S. dollar contributing to the increase in foreign net sales in 2025 compared to 2024.
The company's financial results were also impacted by the OECD/G20 Inclusive Framework, known as Pillar Two, which provides guidance for a global minimum tax. The implementation of this framework did not have a material impact on the company's consolidated financial statements in 2025, but the company will continue to evaluate its potential impact on operations, financial condition, and cash flows in the future.
Today the company's shares have moved 0.11% to a price of $154.39. For the full picture, make sure to review AMPHENOL CORP /DE/'s 10-K report.
