| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 5.2K | 8.8% | 13.8% |
| Total Income | 5.2K | 8.8% | 13.8% |
| Expenditure | 4.2K | 10.3% | 13.7% |
| PBT | 971.00 | 3.1% | 14.8% |
| Net Profit | 748.00 | 12.5% | 17.2% |
| OPM | 19.01% | 1.10pp | 0.11pp |
| NPM | 14.50% | 3.53pp | 0.43pp |
| EPS | 2.57 | 12.0% | 19.0% |
TE Connectivity Reports Q3 FY26 Record Results Above Guidance
22 Jul 2026 · 22 Jul, 4:16 pm
Summary
TE Connectivity plc reported record results for the fiscal third quarter of 2026, exceeding guidance with net sales of $5.16 billion, a 14% increase year over year. Diluted EPS grew 19% to $2.55, while adjusted EPS saw a 22% increase to a record $2.94. The company highlighted strong operational performance leading to a 90 basis point expansion in adjusted operating margin to 22%. Management expressed confidence in continued momentum, with fourth quarter guidance anticipating another quarter of double-digit sales and EPS growth, and noted the strategic agreement to acquire Astrodyne TDI.
Key Highlights
- 1
TE Connectivity reported record net sales of $5.16 billion for the fiscal third quarter of 2026, an increase of 14% on a reported basis and 12% organically year over year.
- 2
GAAP diluted earnings per share (EPS) from continuing operations was $2.55, an increase of 19% year over year, with adjusted EPS reaching a record $2.94, up 22% year over year.
- 3
Adjusted operating margin expanded by 90 basis points year over year to 22%, driven by strong operational performance.
- 4
The company achieved record orders in both segments totaling $5.7 billion, a 27% increase year over year, with double-digit order growth across all businesses.
- 5
Cash flow from operating activities was $1.2 billion for the quarter, and free cash flow was $883 million.
- 6
TE Connectivity announced an agreement to acquire Astrodyne TDI, which is expected to expand its power portfolio in the Industrial segment.
Management Comments
Terrence Curtin
Our teams delivered record third quarter results above guidance, with strong growth performance in both segments, as we continued to capitalize on customer demand for our innovative interconnect technologies. Our Industrial team delivered sales growth of over 20 percent, while Transportation increased sales by five percent organically by growing content with customers and outperforming end markets. Orders in the third quarter increased by more than $1 billion year over year to $5.7 billion, reinforcing broad growth across the portfolio and increased momentum in AI in both the data center and across the broader energy infrastructure. Our strong margin performance continues to reflect our resiliency while also investing for growth. We also continue to deliver on our cash generation model, with strong capital returns for shareholders. We are significantly outperforming our business model outlined during our Investor Day, setting us up for double-digit increases in sales and EPS for fiscal 2026 as well as strong growth and operating momentum as we head towards 2027.
Informational and educational content only. Not investment advice.