10-K · February 11, 2026
Arrow Electronics reported a stronger top- and bottom-line 2025 versus 2024 with quarterly revenue accelerating to $8.75B in Q4 2025 and full-year revenue of about $30.85B (sum of quarters). The company remains…
Earnings analysis · 10-Q
ARW earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Arrow Electronics reported a strong Q1 2026 with revenues of $9.47 billion, up 39% year-over-year, and EPS of $4.55, significantly exceeding expectations. Both segments—Global Components and Global ECS—showed robust…
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Arrow Electronics reported a strong Q1 2026 with revenues of $9.47 billion, up 39% year-over-year, and EPS of $4.55, significantly exceeding expectations. Both segments—Global Components and Global ECS—showed robust growth, driven by strong demand particularly related to AI. Management indicates continued positive momentum in the following quarters.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $4.55
What stood out
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Revenue Growth of 39% Year-Over-Year
Total revenue increased to $9.47 billion from $6.81 billion, reflecting a 39% growth year-over-year.
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Record EPS Performance
Earnings per share rose to $4.55, up 201.3% from $1.51 in the prior year.
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Improved Operating Income Margin
Operating income margin improved to 3.8%, up from 2.3% last year, driven by strong sales growth.
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Segment Expansion Driven by AI
Global Components and Global ECS both reported revenue growth of approximately 39%, bolstered by AI-related demand.
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Strong Operating Cash Flow
Net cash from operating activities was $699.8 million, a significant increase from $351.7 million in Q1 2025.
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Reduced Long-Term Debt
Long-term debt decreased to $2.35 billion from $3.09 billion, reflecting a more favorable capital structure.
What to watch
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Supplier Mix Impacting Gross Margins
Global ECS experienced a decline in gross margins due to unfavorable supplier mix and a $21.7 million loss from a non-cancellable contract.
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Geopolitical and Economic Uncertainty
Management noted that the ongoing geopolitical tensions and economic uncertainty may negatively affect future demand.
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Potential Future Losses on Contracts
The company may see additional losses from underperforming contracts, as indicated in their non-cancellable agreements.
Management's outlook
Management expects Q2 2026 revenue between $9.15 billion and $9.75 billion, with EPS between $3.91 and $4.11.
Earlier filings 4
10-Q · October 30, 2025
Arrow Electronics reported strong third-quarter results, with revenue and EPS exceeding analyst estimates. The company experienced modest revenue growth year-over-year but faces challenges in margins and cash flow…
10-Q · July 31, 2025
Arrow Electronics reported quarterly sales of $7,579,947 (thousands) and diluted EPS of $3.59 for the quarter ended June 28, 2025. Revenue rose versus Q2 2024, but operating income and gross margin compressed versus the…
10-Q · May 1, 2025
Arrow Electronics reported Q1 sales of $6,814,017,000, down $110,243,000 (≈1.6%) vs. Q1 2024, with gross profit falling to $773,992,000 (gross margin ~11.36%) and operating income down to $158,553,000 (operating margin…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.