Quarterly ResultJul 24, 2026, 09:02 AM
TE Connectivity Q3 Net Sales $5.16B, EPS $2.55; 9M Net Income +100%
AI Summary
TE Connectivity reported strong financial results for the third quarter and nine months ended June 26, 2026. Net sales for the quarter increased by 13.8% to $5.16 billion, with diluted EPS rising 19.2% to $2.55. For the nine-month period, net income nearly doubled to $2.35 billion, and diluted EPS grew by 103% to $7.98. The company also initiated a new restructuring program and continued share repurchases.
Key Highlights
- Net sales for Q3 2026 increased 13.8% to $5.16 billion from $4.53 billion in Q3 2025.
- Diluted EPS for Q3 2026 rose 19.2% to $2.55 from $2.14 in Q3 2025.
- Nine-month net income increased 99.6% to $2.35 billion from $1.18 billion in 2025.
- Nine-month diluted EPS grew 103% to $7.98 from $3.93 in 2025.
- Initiated a new restructuring program in fiscal 2026, incurring $86 million in charges.
- Acquired one business for $200 million cash during the nine months ended June 26, 2026.
- Repurchased $1.35 billion of ordinary shares during the nine months ended June 26, 2026.
- Issued $750 million in new debt and repaid $851 million, establishing a new $3.0 billion credit facility.
Price Impact
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