Arrow Electronics year-on-year revenues have rocketed 39% to $9.47 billion in Q1. Electronic component sales showed a similar dash advancing 39% to $6.64 billion. Enterprise computing sales kept pace growing sales 39% to $2.83 billion.
“The first quarter marked a strong start to 2026 as total revenue, profit margins, and EPS grew significantly year over year, exceeding our guidance ranges,” said Bill Austen, Arrow’s interim President and Chief Executive Officer. “We saw continued operational momentum across both Global Components and ECS, supported by an accelerated recovery that spanned geographies and industry verticals, improved book-to-bill ratios, and a healthy backlog that continues to build.
“Looking ahead, we are confident the progress we are achieving positions us well to continue executing our strategy with discipline. This is supported by the continued expansion of our higher margin, value added offerings, a scalable cost structure, and a focused capital allocation framework. Together, these initiatives position us to drive profitable growth and deliver long term value for our customers and shareholders.”
All geographic regions contributed to component sales growth, with the Americas in pole position registering a 47.4% advance year-on-year to revenues of $2.31 billion. Sales in Asia soared 37.1% year-on-year to $2.56 billion. EMEA sales surged 31.7% year-on-year to $1.76 billion.
Enterprise computing solutions sales were in lock step, also reporting a 39% revenue increase year-on-year to $2.83 billion.
Austen highlighted several key themes from the quarter that reinforce Arrow’s momentum.
“First, our leading indicators continue to improve. Book-to-bill ratios improved further, and we currently are at healthy levels, sitting well above parity in all three operating regions. Additionally, backlog continues to build into the third and fourth quarters, providing us with confidence that the momentum is sustainable. We have also seen lead times extend. They remain significantly lower than a pervasive shortage environment.
“Second, the market recovery is unit volume-driven, backed by customer demand. Third, the recovery is broad-based, as we are seeing backlog from our mass market customers build quarter-over-quarter. Fourth, value-added services, and particularly supply chain services, saw meaningful contribution to overall operating income.
“Finally, we are achieving more profitable growth driven by better regional and customer mix, more accretion from value-added services, and importantly, our cost structure is more efficient, demonstrating the positive operating leverage we have built into our model.”
For Q2 Arrow is forecasting consolidated sales of $9.15 to $9.75 billion, with global components sales of $6.80 to $7.20 billion, and global enterprise computing solutions sales of $2.35 to $2.55 billion
