Arrow Electronics (ARW)
NYSE:ARW
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.17Last Year’s EPS
2.43Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum and meaningful financial improvement: high revenue growth (+39% YoY), substantial EPS and margin expansion, improved returns on capital, and healthy Q2 guidance. Management flagged several transitory and structural risks — including an ECS one-time charge, the benefit of four extra shipping days in Q1 (creating timing-related volatility), inventory build related to AI/data-center projects, compensation-driven OpEx increases, and exposure to memory pricing — but these were framed as manageable or temporary. Given the weight and magnitude of the positive operational and financial results and constructive guidance relative to the identified lowlights, the tone of the call is overall favorable.Company Guidance
Robust Revenue Growth
Total revenue of $9.5 billion, up 39% year-over-year (34% on a constant currency basis); Q2 sales guidance $9.15B–$9.75B (midpoint +25% YoY).
Material EPS and Margin Expansion
Non-GAAP EPS of $5.22, up 190% year-over-year; non-GAAP operating margin expanded 160 basis points YoY to 4.2%.
Strong Global Components Performance
Global components sales $6.6 billion, up 13% sequentially; non-GAAP operating income $365 million (up 67% sequentially) and operating margin 5.5% (up 180 bps sequential).
ECS Momentum and AI-Driven Demand
Global Enterprise Computing Solutions sales $2.8 billion, up ~39% YoY (31% cc); billings $6.4 billion, up 39% YoY, benefiting from AI/data-center driven hardware and software demand.
Value-Added Services Driving Profitability
Value-added services (supply chain, engineering, integration) remain a significant contributor — roughly ~30% of operating income last year and a meaningful contributor in Q1, supporting margin expansion.
Improved Working Capital and Returns
Net working capital declined by ~$490 million to $6.9 billion; return on working capital rose to 23.1% (increase of 11.8 percentage points YoY); ROIC improved to 13.4% (up 7 percentage points YoY); cash flow from operations $700 million.
Balance Sheet Progress and Capital Return
Gross debt down ~$619 million sequentially to $2.5 billion; repurchased $25 million of shares in Q1; focused capital allocation strategy maintained.
Q2 Segment Guidance Indicates Ongoing Growth
Q2 guidance: Global components $6.8B–$7.2B (midpoint ~+5% sequential), ECS $2.35B–$2.55B (midpoint +7% YoY), non-GAAP EPS $4.32–$4.52, tax rate 23%–25%, interest ~$60M.
ARW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $191.85 | $189.83 | -1.05% |
Feb 05, 2026 | $141.10 | $158.60 | +12.40% |
Oct 30, 2025 | $113.23 | $111.55 | -1.48% |
Jul 31, 2025 | $129.78 | $116.00 | -10.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Arrow Electronics (ARW) report earnings?
Arrow Electronics (ARW) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Arrow Electronics (ARW) earnings time?
Arrow Electronics (ARW) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARW EPS forecast?
ARW EPS forecast for the fiscal quarter 2026 (Q2) is 4.17.