Arrow Electronics Q2 Revenue Jumps 32% to $9.99B, EPS Beats at $5.45
ARW has more than doubled off its 52-week low of $101.79.
Summary
Arrow Electronics delivered a strong Q2 2026, with consolidated sales surging 32% YoY to $9.99 billion and non-GAAP diluted EPS of $5.45, more than doubling the prior year's $2.43. Global Components led the charge with 39% sales growth and a 112% jump in operating income, while Global ECS sales rose 14% despite a 12% decline in operating income. Management highlighted book-to-bill ratios well above parity and a growing backlog, signaling sustained demand. This follows the $1 billion buyback authorization announced in May and the Microsoft Frontier Distributor designation in June, reinforcing a positive capital allocation and partnership narrative. The results significantly exceed the baseline set in Q1, with six-month net income up 90% YoY, suggesting the restructuring and strategic execution are gaining traction.
At the time of this announcement, ARW was trading at $212.55 on NYSE in the Technology sector, with a market capitalization of approximately $11.4B. The 52-week trading range was $101.79 to $237.33. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.