AM
AME
Year ended Dec 31, 2025 · FY2025 10-K

AMETEK (AME) 10-K Summary — Year Ended Dec 31, 2025

AMETEK reported higher revenue and net income for the latest fiscal year. Operating cash flow decreased slightly due to increased working capital investments.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

AMETEK reported higher revenue and net income for the latest fiscal year. Operating cash flow decreased slightly due to increased working capital investments.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$7.4B

Revenue reported for the fiscal year.

Operating income

$1.9B

Income from operations reported for the year.

Net income

$1.5B

Net income reported for the year.

Operating cash flow

$1.8B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2022$6.2Bn/a
Dec 31, 2023$6.6B+7.3%
Dec 31, 2024$6.9B+5.2%
Dec 31, 2025$7.4B+6.6%

Business overview

AMETEK is a company that operates in the industrial technology sector. Its business overview is described in Item 1 of the filing, and risk factors are detailed in Item 1A.

Financial performance

Revenue increased compared to the prior year, reaching the reported level. Operating income and net income also rose, while operating cash flow declined modestly due to higher working capital needs.

Material risks

The filing identifies risk factors in Item 1A, which include potential challenges related to the company's operations and market conditions. No specific risks beyond those stated in the filing are mentioned.

Liquidity and capital

Cash from operations was used for acquisitions, capital expenditures, and financing activities. The company paid a significant amount for acquisitions net of cash acquired, and also invested in property, plant, and equipment.

What to watch

Monitor changes in working capital and their impact on operating cash flow in the next filing.