AMETEK stock reports Q2 revenue growth and higher guidance

AMETEK stock (ISIN US0311001004) stood at USD 246.45 on the NYSE on September 23, 2026, up 0.42 percent on the session. The industrial technology company paired that market value with Q2 2026 revenue of USD 2.04 billion, up 15 percent from the same period in 2025.

Q2 earnings beat expectations

AMETEK's adjusted EPS reached USD 2.09 in Q2 2026, exceeding the USD 1.99 consensus by USD 0.10, according to Stock Titan. GAAP diluted EPS was USD 1.77 for the quarter, while operating profit reached USD 528.19 million in the same reporting period.

The revenue comparison is the clearest operating signal: USD 2.04 billion in Q2 2026 versus USD 1.93 billion in Q1 2026, a sequential increase of 6.0 percent. Operating margin was 25.8 percent in Q2, compared with 26.7 percent in Q1, so the sales advance did not translate into a higher quarterly margin.

Orders support the guidance increase

Orders rose 28 percent year over year to USD 2.3 billion in Q2 2026, and the backlog reached USD 4.11 billion, according to the Q2 earnings transcript published by Yahoo Finance. The order figure grew faster than revenue, giving the company a larger forward workload entering the second half of fiscal 2026.

AMETEK raised its fiscal 2026 adjusted EPS guidance to USD 8.20-8.30 from USD 7.94-8.14, while Q3 adjusted EPS guidance was set at USD 2.08-2.10. That change places execution and margin conversion ahead of revenue growth as the key test for the remainder of the year.

Stock remains below its yearly high

AME's market capitalization was USD 56,487,079,350 on September 23, 2026. The 52-week range was USD 179.24-261.16, leaving the stock USD 14.71 below its yearly high, or 5.63 percent under that level.

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