Centennial, CO-based Arrow Electronics announced Nov. 9 the launch of Capstone, a global business dedicated to interconnect, passive and electromechanical (IP&E) products, solutions and services.

The launch is part of a broader realignment of Arrow’s Global Components business from a geographic operating model to one organized around technology. That structure establishes distinct approaches for semiconductors, IP&E and supply chain and engineering services.

Capstone will provide specialized support from product design through production, helping customers select and source components while maintaining connections to Arrow’s semiconductor, engineering and supply chain capabilities.

Arrow’s Chief Growth Officer for Global IP&E and Capstone Jörg Strughold said the business gives the product category a more distinct market identity. Target markets include data centers, aerospace and defense, medical, industrial, transportation, consumer and agriculture.

Arrow plans to introduce Capstone at the electronica trade show Nov. 10-13 in Munich. A dedicated website and sourcing platform are scheduled for 1Q27. Customers can continue accessing the IP&E portfolio through Arrow’s website until then.

3Q26 Results

The launch follows Arrow’s Nov. 5 report of record third-quarter sales of $10.72 billion, up 39% year-over-year and above its guidance range. Net income rose 192% to $318 million.

Results for the quarter ended Oct. 3 included:

• Global Components: Sales increased 43% to $7.94 billion, while operating income rose 109% to $413 million. Sales grew 58% in the Americas, 41% in Europe, the Middle East and Africa and 33% in Asia-Pacific.
• Global Enterprise Computing Solutions: Sales increased 29% to $2.78 billion, while operating income rose 54% to $98 million. Gross billings increased 14%.

Interim CEO Bill Austen cited broad demand across components markets and continued customer investment in AI, cloud, cybersecurity and hybrid infrastructure.

For the first nine months of 2026, Arrow’s sales increased 37% to $30.18 billion, while net income rose 119% to $826 million.

Arrow forecasts fourth-quarter sales of $11.55 billion-$12.15 billion, including Global Components sales of $8.15 billion-$8.55 billion and enterprise computing sales of $3.40 billion-$3.60 billion.