$ARW · ARROW ELECTRONICS, INC.
Arrow Electronics filed its Q3 FY2026 10-Q. Sales rose 39.0% YoY to $10.718B, gross profit grew to $1.159B (10.8% margin), and operating income more than doubled to $430.3M from $179.0M. Net income attributable to shareholders was $318.4M, or $6.17 diluted EPS, versus $109.2M ($2.09) a year earlier. Nine-month sales reached $30.18B, up 36.5%.
- Q3 sales rose 39.0% YoY to $10.718B; nine-month sales up 36.5% to $30.18B.
- Diluted EPS of $6.17 versus $2.09 a year earlier; net income $318.4M vs $109.2M.
- Operating income more than doubled to $430.3M from $179.0M.
- Global Components sales up 42.9% to $7.94B; Global ECS up 28.7% to $2.78B.
- Accounts receivable ballooned to $33.26B from $19.74B at year-end 2025.
Extended-hours last trade $211.01, up 4.14% vs the $202.63 regular close, signaling a positive after-hours reaction to the strong results.
A near-40% revenue surge and tripled EPS signal a powerful cyclical recovery in electronics distribution.
The 39% sales surge reflects a broad electronics-distribution upcycle, with Global Components leading on AI and component demand.
Management cites uncertainty around U.S. and foreign tariff policies and cannot predict how tariffs may impact future quarters.