#Ireland #Galway #TE Connectivity #EPS Growth #Industrial segment

TE Connectivity Reports First Quarter Results for FY 2026

TE Connectivity plc, a global leader in industrial technology, has announced its financial results for the first quarter of fiscal year 2026, which ended on December 26, 2025. The results demonstrate remarkable growth and resilience in a challenging market environment.

Financial Performance Highlights

The company reported net sales of $4.7 billion, marking a 22% increase compared to previous year results. This growth is attributed to strong demand across both the Industrial and Transportation segments, with organic growth reaching 15%. These results exceeded the company’s expectations and reflect the effectiveness of TE’s ongoing strategies and initiatives.

In terms of profitability, TE Connectivity’s GAAP diluted earnings per share (EPS) from continuing operations surged to $2.53, representing a 45% increase year-over-year. Adjusted EPS rose by 33% to $2.72, showcasing the company's strong operational performance.

TE's operating margin also saw improvement, reaching 20.6%, an increase of 260 basis points year-over-year. The adjusted operating margin expanded to 22.2%, driven by enhanced operational efficiencies across all business segments.

Record Orders and Cash Flow

Highlighting the strength of its current operations, TE Connectivity reported record orders totaling $5.1 billion, which represents a 28% increase year-over-year and a 9% sequential rise. This strong order momentum positions the company well for future growth.

Additionally, the company's cash flow from operating activities amounted to $865 million, with free cash flow reported at $608 million. Notably, TE Connectivity returned $615 million to shareholders through dividends and share repurchases.

CEO Remarks

CEO Terrence Curtin commented on the results, stating, "Our teams delivered strongly against our strategy, resulting in first quarter earnings growth over 30% and sales growth of more than 20%, both of which were above our guidance and driven by growth in both segments. We continue to benefit from a broadening of growth from our investments in data and power connectivity in key applications such as AI, energy grid hardening, and next-generation vehicles that are driving our auto content growth above market."

Future Outlook

Looking ahead, TE Connectivity anticipates continued success in the second quarter of fiscal year 2026. The company expects sales to reach approximately $4.7 billion, reflecting a 13% increase year-over-year, along with an estimated adjusted EPS of around $2.65, an increase of 20% compared to the previous year.

As TE Connectivity forges ahead, it remains committed to innovation and maintaining its leadership in the connectivity and sensor solutions market. Their forward-looking initiatives are focused on advancing next-generation technologies that are critical for developing sustainable, productive, and connected futures.

TE Connectivity plc is dedicated to creating solutions that enhance the distribution of power, signal, and data across various sectors, including automotive, energy networks, and automated factories. Their innovative approach ensures that regardless of the challenges faced, TE continues to champion the idea that Every Connection Counts.

For more information on TE Connectivity and to stay updated on their latest developments, please visit their official website.