10-Q

Quarterly report

✓ VerifiedAMETEK posted record Q2 2026 net sales of $2,044.4 million, up 15.0%, and record net income of $406.9 million, while agreeing to acquire Indicor Instrumentation for approximately $5.0 billion.

Filed Aug 4, 2026 · 14:40 ET

Summary

Net sales for the second quarter of 2026 were a record $2,044.4 million, an increase of $266.3 million or 15.0%, driven by a 10% increase in organic sales and a 5% increase from acquisitions.
Net income for the second quarter of 2026 was a record $406.9 million, an increase of $48.5 million or 13.5%, with record diluted earnings per share of $1.77.
On May 5, 2026, the Company entered into a definitive agreement to acquire Indicor Instrumentation, which has annual sales of approximately $1.1 billion, in an all-cash transaction valued at approximately $5.0 billion, with closing anticipated in the second half of 2026.
The Company spent $424.5 million in cash, net of cash acquired, to acquire LKC Technologies in January 2026 and First Aviation Services in May 2026.
Orders for the second quarter of 2026 were a record $2,284.0 million, up $501.9 million or 28.2%, and backlog at June 30, 2026 was a record $4,110.2 million.
On June 9, 2026, the Company increased its revolving credit commitments from $2.3 billion to $3.5 billion and entered a term loan facility of up to $4.0 billion to help finance the Indicor Acquisition.

Key facts

Q2 2026 net sales: $2,044.4 million
From the filing for Q2 2026 net sales
“Net sales for the second quarter of 2026 were a record $2,044.4 million, an increase of $266.3 million or 15.0%”
Q2 2026 net income: $406.9 million
From the filing for Q2 2026 net income
“Net income for the second quarter of 2026 was a record $406.9 million, an increase of $48.5 million or 13.5%”
Q2 2026 diluted EPS: $1.77
From the filing for Q2 2026 diluted EPS
“Diluted earnings per share for the second quarter of 2026 were a record $1.77, an increase of $0.22 or 14.2%”
Indicor acquisition value: approximately $5.0 billion
From the filing for Indicor acquisition value
“acquire a portfolio of instrumentation business from Indicor, LLC ("Indicor Instrumentation") in an all-cash transaction valued at approximately $5.0 billion”
Indicor annual sales: approximately $1.1 billion
From the filing for Indicor annual sales
“Indicor Instrumentation has annual sales of approximately $1.1 billion.”
LKC and First Aviation cash: $424.5 million
From the filing for LKC and First Aviation cash
“The Company spent $ 424.5 million in cash, net of cash acquired, to acquire LKC Technologies ("LKC") in January 2026 and First Aviation Services, Inc. ("First Aviation") in May 2026.”
Q2 2026 orders: $2,284.0 million
From the filing for Q2 2026 orders
“Orders for the second quarter of 2026 were a record $2,284.0 million, an increase of $501.9 million or 28.2%”
Backlog at June 30, 2026: $4,110.2 million
From the filing for Backlog at June 30, 2026
“The Company's backlog of unfilled orders at June 30, 2026 was a record $4,110.2 million”

Why it mattersAMETEK is financing a roughly $5.0 billion Indicor instrumentation acquisition through an expanded $3.5 billion revolver and up to $4.0 billion term loan, alongside completed aerospace and ophthalmic acquisitions. Record orders and backlog set the base for its aerospace and power segment.

Filed: Aug 4, 2026
Accepted: 2026-08-04 18:40Z
Period: Jun 30, 2026
Accession no.: 0001037868-26-000175
Size: 7.8 MB
Index: Filing index

Summary

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