AMETEK delivered a strong Q1 with record orders and raised its full-year EPS guidance, driven by broad-based strength across defense, space, and process power markets. Management highlighted a significant inflection in process instrumentation and power orders, alongside continued growth in aerospace and defense. Record orders of $2.2B, up 23% YoY, with organic orders up 22%.
AMETEK delivered a strong Q1 with record orders and raised its full-year EPS guidance, driven by broad-based strength across defense, space, and process power markets. Management highlighted a significant inflection in process instrumentation and power orders, alongside continued growth in aerospace and defense. Record orders of $2.2B, up 23% YoY, with organic orders up 22%.
Management expressed strong confidence in the business, citing record orders, broad-based growth, and raised guidance, while acknowledging some geopolitical uncertainty.
Ametek highlighted AI-driven demand as a tailwind for its semiconductor capital equipment business, with Abaco securing an agreement to provide advanced computing technology to support AI-driven demand for advanced semiconductor tools.
Guidance · revenue to $1.93B
Signed agreement to acquire First Aviation Services for defense MRO expansion.
Ametek highlighted AI-driven demand as a tailwind for its semiconductor capital equipment business, with Abaco securing an agreement to provide advanced computing technology to support AI-driven demand for advanced semiconductor tools.
Record first quarter orders with 22% organic growth. Management expressed strong confidence in the business, citing record orders, broad-based growth, and raised guidance, while acknowledging some geopolitical uncertainty.
The company continues to invest incrementally $100 million in 2026 to support growth initiatives, with the majority going into RD&E and sales and marketing. Capital expenditures for the year are expected to be approximately $160 million, or about 2% of sales.
Management expressed strong confidence in the business, citing record orders, broad-based growth, and raised guidance, while acknowledging some geopolitical uncertainty.
“Importantly, it also reflects a meaningful inflection in orders for our process instrumentation and power businesses in the quarter.”
“This innovation helps data center operators model the power electronics required for key components such as the uninterruptible power supply systems and the variable frequency drive used in power and cooling systems.”
| Metric | Period | Range | Midpoint | Status |
|---|---|---|---|---|
| EPS | FY2026 Q2 | $1.96–$2.00inline vs consensus | $1.98 | GUIDED |
| EPS | FY2026 | $7.94–$8.14inline vs consensus | $8.04 | RAISED |
| Revenue | FY2026 | $1.93Binline vs consensus | $1.93B | RAISED |
| Issued | Metric | Target | Guide | Actual | Outcome |
|---|---|---|---|---|---|
| FY2025 Q4 | EPS | FY2026 Q1 | $1.90–$1.95 | $1.97 | Met / beat |