Filings/TEL/10-Q

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EDGAR
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KPIsSections20
Headline metrics
Revenue — GREEN$14.57B+16.5% YoY
Gross margin — GREEN36.5%
Net income — GREEN$2.35B+99.6% YoY
Net margin — GREEN16.1%
Operating margin — GREEN19.9%
Income Statement
Income Statement
MetricValueFlag
Revenue$14.57BGREEN
Revenue (quarter)$5.16BGREEN
Gross Margin36.5%GREEN
Operating Margin19.9%GREEN
Net Margin16.1%GREEN
Net Income$2.35BGREEN
EPS (diluted)$7.98GREEN
Balance Sheet
Balance Sheet
MetricValueFlag
Cash$1.24BGREEN
Broad Liquidity$1.24BGREEN
Current Ratio1.88GREEN
Total Assets$26.07BGREEN
Total Equity$13.39BGREEN
Debt/Equity0.41GREEN
Cash Flow
Cash Flow
MetricValueFlag
Operating CF$3.00BGREEN
Cash Conversion (CFO/Rev)0.21GREEN
SBC % Revenue0.9%GREEN
Free Cash Flow$2.17BGREEN

Sections in this filing

Financial Statements (unaudited)

ITEM 1. FINANCIAL STATEMENTS TE CONNECTIVITY PLC CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the ​ For the ​ ​ ​ Quarters Ended ​ Nine Months Ended ​ ​ ​ June 26, ​ June 27, ​ June 26, ​ June 27, ​ ​ ​ ​ ​ 2026 ​ ​ ​ 2025 ​ ​ ​ 2026 ​ ​ ​ 2025 ​ ​ ​ ​ ​ (in millions, except per share data) ​ Net sales ​ $ 5,160 ​ $ 4,534 ​ $ 14,573 ​ $ 12,513 ​ Cost of sales ​ 3,325 ​ 2,934 ​ 9,254 ​ 8,094 ​ Gross margin ​ 1,835 ​ 1,600 ​ 5,319 ​ 4,419 ​ Selling, general, and administrative expenses ​ 532 ​ ​ 491 ​ 1,606 ​ ​ 1,372 ​ Research, development, and engineering expenses ​ 230 ​ ​ 211 ​ 692 ​ ​ 602 ​ Acquisition and integration costs ​ 9 ​ ​ 27 ​ 20 ​ ​ 41 ​ Restructuring and other charges, net ​ 83 ​ ​ 14 ​ 103 ​ ​ 109 ​ Operating income ​ ​ 981 ​ ​ 857 ​ ​ 2,898 ​ ​ 2,295 ​ Interest income ​ ​ 21 ​ ​ 17 ​ ​ 67 ​ ​ 62 ​ Interest expense ​ ( 31 ) ​ ​ ( 28 ) ​ ( 93 ) ​ ​ ( 48 ) ​ Other income (expense), net ​ — ​ ​ — ​ 2 ​ ​ ( 2 ) ​ Income from continuing operations before income taxes ​ 971 ​ 846 ​ 2,874 ​ 2,307 ​ Income tax expense ​ ( 223 ) ​ ​ ( 208 ) ​ ( 520 ) ​ ​ ( 1,128 ) ​ Income from continuing operations ​ 748 ​ 638 ​ 2,354 ​ 1,179 ​ Loss from discontinued operations, net of income taxes ​ — ​ ​ — ​ ( 1 ) ​ ​ — ​ Net income ​ $ 748 ​ $ 638 ​ $ 2,353 ​ $ 1,179 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income from continuing operations ​ $ 2.57 ​ $ 2.16 ​ $ 8.03 ​ $ 3.96 ​ Loss from discontinued operations ​ — ​ — ​ — ​ — ​ Net income ​ 2.57 ​ 2.16 ​ 8.03 ​ 3.96 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Diluted earnings per share: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Income from continuing operations ​ $ 2.55 ​ $ 2.14 ​ $ 7.98 ​ $ 3.93 ​ Loss from discontinued operations ​ — ​ — ​ — ​ — ​ Net income ​ 2.55 ​ 2.14 ​ 7.98 ​ 3.93 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-average number of shares outstanding: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Basic ​ 291 ​ ​ 296 ​ 293 ​ ​ 298 ​ Diluted ​ 293 ​ ​ 298 ​ 295 ​ ​ 300 ​ See accompanying Notes to Condensed Consolidated Financial Statements. ​ 1 Table of Contents TE CONNECTIVITY PLC CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the ​ For the ​ ​ ​ Quarters Ended ​ Nine Months Ended ​ ​ ​ June 26, ​ ​ ​ June 27, ​ ​ ​ June 26, ​ ​ ​ June 27, ​ ​ ​ ​ ​ ​ ​ 2026 ​ ​ ​ 2025 ​ ​ ​ 2026 ​ ​ ​ 2025 ​ ​ ​ ​ ​ (i