AMETEK, Inc. announced record financial results for the third quarter ended September 30, 2026. The company reported consolidated net sales of $2.22 billion for the quarter, a 17% increase compared to the same period in 2025. On a GAAP basis, earnings per diluted share were $1.85, while adjusted earnings per share reached a record $2.21, representing a 17% increase from the prior year.
GAAP operating income for the quarter was $584.9 million, while adjusted operating income increased 20% to $594.7 million. Operating margins were 26.8%, an improvement of 60 basis points compared to the third quarter of 2025. The company generated $560.6 million in operating cash flow, a 27% increase year-over-year, and achieved a free cash flow to net income conversion rate of 124%.
AMETEK completed the acquisition of Indicor Instrumentation during the third quarter. The company’s Electronic Instruments Group (EIG) reported record sales of $1.44 billion, up 16% year-over-year, while the Electromechanical Group (EMG) recorded record sales of $778.0 million, up 20% year-over-year.
Regarding future outlook, AMETEK raised its full-year 2026 guidance. The company now expects overall sales to increase in the mid-teens percentage range compared to 2025. Adjusted earnings per diluted share are expected to be between $8.53 and $8.57, an increase from the previous range of $8.20 to $8.30. For the fourth quarter of 2026, the company expects sales to increase in the low 20% range compared to the fourth quarter of 2025, with adjusted earnings per share projected to be between $2.26 and $2.30.
