Earnings Call
Apr 30, 2026
Q1 FY2026
EPS Estimate
1.90
EPS Actual
1.97
Post-Earnings Close
$235.50
Earnings Reaction
+3.3%
AMETEK opened 2026 with one of its strongest quarters on record, posting $1.93 billion in revenue, up 11% year-over-year, alongside diluted EPS of $1.97, a 13% increase that cleared the top of the company's own guidance range of $1.85, $1.90. Organic sales grew 5%, acquisitions contributed another 5 points, and a modest foreign currency tailwind rounded out the growth. The headline numbers, however, understated the real story: orders were the defining feature of the quarter. Total orders reached a record $2.2 billion, up 23% overall and 22% organically, driving backlog to a record $3.87 billion. Management noted that March alone was an all-time monthly record for orders at AMETEK, and April was tracking in line with that momentum. This was not a quarter driven by a single lumpy contract, every division posted at least 5% organic order growth, and every subsegment saw double-digit organic order expansion.
Report generated on May 4, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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