ARW earnings

ARROW ELECTRONICS, INC. reported results (Aug 06, 2026). EPS came in at $5.45 against a $4.59 consensus, beat by 18.7%. Revenue was $10.0B versus $9.7B expected, beat by 3.4%.

ARROW ELECTRONICS, INC. (ARW) reported a significant beat in both revenue and earnings for Q1 FY2026, with revenue up 39% year-over-year (YoY) and EPS up 190% YoY. The company's outlook for Q2 FY2026 is also strong, with sales expected to grow 25% YoY at the midpoint. This print underscores ARW's ability to capitalize on favorable market conditions and operational improvements.

ARROW ELECTRONICS, INC. cleared the quarter on revenue and EPS, but the actionable read is narrower: the print says demand recovery is real enough to fund value-added mix and lower interest expense, while the guide embeds a reset lower in EPS as working capital and ECS seasonality absorb the upside. The market was priced for a distributor recovery; what surprised was the quality of the beat, with $4.39 EPS versus $3.55 and revenue of $8,746.4 million versus $8,206.5 million, not just another unit-volume rebound.

ARROW ELECTRONICS, INC. gave investors the wrong kind of surprise: EPS beat by +5.7% while revenue missed by -5.5%, yet the underlying message is not demand failure. The market is likely mispricing this print if it treats the sales miss as a broken recovery, because the evidence points to a mix-and-working-capital transition in which Asia components and ECS billings are recovering faster than consolidated gross margin can follow.

ARROW ELECTRONICS, INC. cleared the Street on Q2, but the variant view is that investors should not pay full-cycle multiple for the EPS beat because the surprise came with gross margin at 11.2%, operating cash use of $206 million, and a Q3 EPS guide that resets below the reported $2.43. The market may be underpricing the distribution volume recovery in components, but it is also at risk of overcapitalizing a quarter helped by a lower tax rate and tariff billing that management says contributed around 1% of sales.