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ARW to Report Q3 Earnings: What's in the Cards for the Stock?
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Key Takeaways
Arrow Electronics expects Q3 2026 sales of $9.6-$10.2 billion, with 27% year-over-year growth.
Semiconductor recovery, HPC, AI infrastructure and hybrid cloud demand benefit ARW.
ARW's strong backlog and order trends support revenue visibility for Q3 results.
Arrow Electronics, Inc. (ARW - Free Report) is scheduled to report third-quarter 2026 results on Nov. 5, 2026, before market open.
For the third quarter of 2026, ARW anticipates non-GAAP earnings of $4.83-$5.03 per share. The Zacks Consensus Estimate for third-quarter earnings is pegged at $4.98, implying a 107% increase from the year-ago quarter. Estimates have remained unchanged for the past 60 days.
ARW’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 34.40%.
For the third quarter of 2026, ARW estimates its sales to be between $9.6 billion and $10.2 billion. The Zacks Consensus Estimate for third-quarter revenues is pegged at $9.92 billion, implying a 27% increase from the year-ago quarter.
Factors Likely to Influence Arrow Electronics’ Q3 Results
Arrow Electronics’ third-quarter 2026 performance is likely to have benefited from the continued recovery in electronic components demand and sustained activity across enterprise computing markets. ARW’s exposure to aerospace and defense, industrial automation, healthcare, transportation, cloud and data center markets, coupled with its extensive customer and supplier network, is expected to have supported sales momentum in the to-be-reported quarter.
Strong order trends and a growing backlog are likely to have provided revenue visibility during the quarter. Arrow Electronics’ second-quarter 2026 book-to-bill ratios remained well above parity, while backlog increased in size and duration across the business. Continued demand for semiconductor products, computing and memory solutions, and value-added distribution services is expected to have supported ARW’s business activity in the to-be-reported quarter.
Arrow Electronics’ Global Components segment is expected to have benefited from the ongoing recovery in semiconductor and electronic components demand. Second-quarter 2026 sales increased 39% year over year to $7.37 billion, supported by growth across the Americas, EMEA and Asia-Pacific regions. Continued demand for high-performance computing, memory, specialized processors and electronic components for industrial, automotive and telecommunications applications is likely to have supported the segment’s performance in the to-be-reported quarter.
Meanwhile, the Global Enterprise Computing Solutions (ECS) segment is expected to have maintained its growth trajectory, driven by secular demand trends in AI infrastructure, hybrid cloud, data protection and data intelligence. ARW’s expanded distribution partnerships with HPE and IBM, along with its cloud platform and value-added services, are likely to have supported business activity. The availability of HPE Aruba and Juniper Networking solutions through Arrow’s distribution network is also expected to have strengthened its position in enterprise networking and AI-native infrastructure markets in the to-be-reported quarter.
Nevertheless, Arrow Electronics’ profitability remains exposed to intense competition, pricing pressure and changes in supplier relationships, as larger distributors, digital-native players and direct manufacturer channels could limit its pricing power and margins. Despite improved consolidated operating profitability in the second quarter of 2026, Global ECS continued to face margin pressure, which might have persisted in the to-be-reported quarter.
Earnings Whispers for ARW
Our proven model does not conclusively predict an earnings beat for Arrow Electronics this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Though ARW carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks With Favorable Combination
Here are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
Microchip Technology is set to report second-quarter fiscal 2027 results on Nov. 5. Microchip Technology shares have climbed 19.5% year to date.
Trimble (TRMB - Free Report) has an Earnings ESP of +1.16% and carries a Zacks Rank #3 at present. Trimble is set to report third-quarter 2026 results on Nov. 4. Trimble shares have lost 15.9% year to date.
Camtek (CAMT - Free Report) has an Earnings ESP of +0.85% and a Zacks Rank #2 at present. Camtek is slated to report third-quarter 2026 results on Nov. 4. Camtek shares have climbed 1.8% year to date.
View the Zacks #1 Rank List
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ARW to Report Q3 Earnings: What's in the Cards for the Stock?
Key Takeaways
Arrow Electronics, Inc. (ARW - Free Report) is scheduled to report third-quarter 2026 results on Nov. 5, 2026, before market open.
For the third quarter of 2026, ARW anticipates non-GAAP earnings of $4.83-$5.03 per share. The Zacks Consensus Estimate for third-quarter earnings is pegged at $4.98, implying a 107% increase from the year-ago quarter. Estimates have remained unchanged for the past 60 days.
ARW’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 34.40%.
For the third quarter of 2026, ARW estimates its sales to be between $9.6 billion and $10.2 billion. The Zacks Consensus Estimate for third-quarter revenues is pegged at $9.92 billion, implying a 27% increase from the year-ago quarter.
Arrow Electronics, Inc. Price and EPS Surprise
Arrow Electronics, Inc. price-eps-surprise | Arrow Electronics, Inc. Quote
Factors Likely to Influence Arrow Electronics’ Q3 Results
Arrow Electronics’ third-quarter 2026 performance is likely to have benefited from the continued recovery in electronic components demand and sustained activity across enterprise computing markets. ARW’s exposure to aerospace and defense, industrial automation, healthcare, transportation, cloud and data center markets, coupled with its extensive customer and supplier network, is expected to have supported sales momentum in the to-be-reported quarter.
Strong order trends and a growing backlog are likely to have provided revenue visibility during the quarter. Arrow Electronics’ second-quarter 2026 book-to-bill ratios remained well above parity, while backlog increased in size and duration across the business. Continued demand for semiconductor products, computing and memory solutions, and value-added distribution services is expected to have supported ARW’s business activity in the to-be-reported quarter.
Arrow Electronics’ Global Components segment is expected to have benefited from the ongoing recovery in semiconductor and electronic components demand. Second-quarter 2026 sales increased 39% year over year to $7.37 billion, supported by growth across the Americas, EMEA and Asia-Pacific regions. Continued demand for high-performance computing, memory, specialized processors and electronic components for industrial, automotive and telecommunications applications is likely to have supported the segment’s performance in the to-be-reported quarter.
Meanwhile, the Global Enterprise Computing Solutions (ECS) segment is expected to have maintained its growth trajectory, driven by secular demand trends in AI infrastructure, hybrid cloud, data protection and data intelligence. ARW’s expanded distribution partnerships with HPE and IBM, along with its cloud platform and value-added services, are likely to have supported business activity. The availability of HPE Aruba and Juniper Networking solutions through Arrow’s distribution network is also expected to have strengthened its position in enterprise networking and AI-native infrastructure markets in the to-be-reported quarter.
Nevertheless, Arrow Electronics’ profitability remains exposed to intense competition, pricing pressure and changes in supplier relationships, as larger distributors, digital-native players and direct manufacturer channels could limit its pricing power and margins. Despite improved consolidated operating profitability in the second quarter of 2026, Global ECS continued to face margin pressure, which might have persisted in the to-be-reported quarter.
Earnings Whispers for ARW
Our proven model does not conclusively predict an earnings beat for Arrow Electronics this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Though ARW carries a Zacks Rank #3, it has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
Stocks With Favorable Combination
Here are some stocks worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
Microchip Technology (MCHP - Free Report) has an Earnings ESP of +3.31% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Microchip Technology is set to report second-quarter fiscal 2027 results on Nov. 5. Microchip Technology shares have climbed 19.5% year to date.
Trimble (TRMB - Free Report) has an Earnings ESP of +1.16% and carries a Zacks Rank #3 at present. Trimble is set to report third-quarter 2026 results on Nov. 4. Trimble shares have lost 15.9% year to date.
Camtek (CAMT - Free Report) has an Earnings ESP of +0.85% and a Zacks Rank #2 at present. Camtek is slated to report third-quarter 2026 results on Nov. 4. Camtek shares have climbed 1.8% year to date.