Te Connectivity PLC income statement TEL

Annual Quarterly

In fiscal 2025, which ended Sep 26, 2025, Te Connectivity PLC reported revenue of $17.3 billion, up 8.9% from the year before. Net income was $1.8 billion, a profit margin of 10.7%. Operating income came to $3.2 billion, an operating margin of 18.6%. Diluted earnings per share were $6.16. Over the twelve months ended Jun 26, 2026, revenue was $19.3 billion and net income was $3.0 billion. Across the 10 fiscal years shown, revenue grew from $11.4 billion in fiscal 2016 to $17.3 billion in fiscal 2025, about 4.8% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 26, 2026	FY 2025 Sep 26, 2025	FY 2024 Sep 27, 2024	FY 2023 Sep 29, 2023	FY 2022 Sep 30, 2022	FY 2021 Sep 24, 2021	FY 2020 Sep 25, 2020	FY 2019 Sep 27, 2019	FY 2018 Sep 28, 2018	FY 2017 Sep 29, 2017	FY 2016 Sep 30, 2016
Revenue	19,322 +16.5%	17,262 +8.9%	15,845 -1.2%	16,034 -1.5%	16,281 +9.1%	14,923 +22.6%	12,172 -9.5%	13,448 -3.9%	13,988 +14.8%	12,185 +7.3%	11,352 -7.2%
Cost of revenue	12,343 +14.5%	11,183 +7.6%	10,389 -5.4%	10,979 -0.5%	11,037 +10.0%	10,036 +19.0%	8,437 -6.8%	9,054 -2.0%	9,243 +15.5%	8,002 +6.3%	7,525 -7.6%
Gross profit	6,979 +20.3%	6,079 +11.4%	5,456 +7.9%	5,055 -3.6%	5,244 +7.3%	4,887 +30.8%	3,735 -15.0%	4,394 -7.4%	4,745 +13.4%	4,183 +9.3%	3,827 -6.4%
Research and development	—	699 +12.6%	621 +4.7%	593 -2.8%	610 -0.3%	612 +13.5%	539 -5.8%	572 -5.6%	606 +10.6%	548 +4.4%	525 -2.8%
Selling, general and administrative	2,100 +16.3%	1,866 +7.7%	1,732 +3.7%	1,670 +5.4%	1,584 +4.8%	1,512 +8.6%	1,392 -6.6%	1,490 -6.5%	1,594 +3.3%	1,543 +10.5%	1,396 -7.2%
Restructuring and impairment	112 -39.1%	113 -21.5%	144 -44.6%	260 +89.8%	137 -34.1%	208 -19.1%	257 +0.8%	255 +82.1%	140 -4.1%	146 +20.7%	121 +30.1%
Operating income	3,814 +29.5%	3,211 +14.8%	2,796 +21.4%	2,304 -16.4%	2,756 +13.2%	2,434 +353.3%	537 -72.9%	1,978 -15.1%	2,331 +24.3%	1,876 +3.8%	1,808 +3.4%
Interest income	88 +0.0%	83 -4.6%	87 +45.0%	60 +300.0%	15 -11.8%	17 +13.3%	15 -21.1%	19 +26.7%	15 -6.2%	16 -5.9%	17 +0.0%
Interest expense	122 +93.7%	77 +10.0%	70	—	—	—	—	—	—	—	—
Other non-operating income (expense)	-9 -28.6%	-13 +18.8%	-16 +0.0%	-16 -157.1%	28 +264.7%	-17 -185.0%	20 +900.0%	2 +100.0%	1 +102.4%	-42 +93.8%	-677 -1130.9%
Pretax income	3,771 +27.2%	3,204 +14.6%	2,797 +23.3%	2,268 -17.0%	2,733 +14.9%	2,378 +353.8%	524 -72.9%	1,931 -13.8%	2,240 +30.2%	1,720 +68.5%	1,021 -35.2%
Income tax	753 -50.1%	1,361 +442.8%	-397 -209.1%	364 +19.0%	306 +148.8%	123 -84.3%	783 +5320.0%	-15 +95.6%	-344 -291.1%	180 +121.8%	-826 -345.1%
Net income	3,016 +107.3%	1,842 -42.3%	3,193 +67.2%	1,910 -21.3%	2,428 +7.4%	2,261 +1038.2%	-241 -113.1%	1,844 -28.1%	2,565 +52.4%	1,683 -16.2%	2,009
Basic EPS	10.28 +111.7%	6.20 -40.4%	10.40 +71.6%	6.06 -19.4%	7.52 +9.8%	6.85 +1038.4%	-0.73 -113.4%	5.46 -25.5%	7.33 +54.6%	4.74 -13.7%	5.49 -8.2%
Diluted EPS	10.21 +111.7%	6.16 -40.4%	10.33 +71.3%	6.03 -19.3%	7.47 +10.0%	6.79 +1030.1%	-0.73 -113.5%	5.42 -25.4%	7.27 +54.7%	4.70 -13.6%	5.44 -7.6%
Weighted average shares, basic	293 -2.1%	297 -3.3%	307 -2.5%	315 -2.5%	323 -2.1%	330 -0.6%	332 -1.8%	338 -3.4%	350 -1.4%	355 -3.0%	366 -9.6%
Weighted average shares, diluted	295 -2.1%	299 -3.2%	309 -2.5%	317 -2.5%	325 -2.4%	333 +0.3%	332 -2.4%	340 -3.7%	353 -1.4%	358 -3.0%	369 -10.2%
Other measures
Depreciation and amortization	1,002 +21.3%	838 +1.5%	826 +4.0%	794 +1.1%	785 +2.1%	769 +8.2%	711 +3.0%	690 +3.4%	667 +9.2%	611 +9.1%	560 -9.1%
EBITDA	4,816 +27.7%	4,049 +11.8%	3,622 +16.9%	3,098 -12.5%	3,541 +10.6%	3,203 +156.7%	1,248 -53.2%	2,668 -11.0%	2,998 +20.5%	2,487 +5.0%	2,368 +0.1%
Interest coverage	31.26x	41.70x	39.94x	—	—	—	—	—	—	—	—
Margins
Gross margin	36.12%	35.22%	34.43%	31.53%	32.21%	32.75%	30.69%	32.67%	33.92%	34.33%	33.71%
Operating margin	19.74%	18.60%	17.65%	14.37%	16.93%	16.31%	4.41%	14.71%	16.66%	15.40%	15.93%
Pretax margin	19.52%	18.56%	17.65%	14.14%	16.79%	15.94%	4.30%	14.36%	16.01%	14.12%	8.99%
Profit margin	15.61%	10.67%	20.15%	11.91%	14.91%	15.15%	-1.98%	13.71%	18.34%	13.81%	17.70%
EBITDA margin	24.92%	23.46%	22.86%	19.32%	21.75%	21.46%	10.25%	19.84%	21.43%	20.41%	20.86%
Effective tax rate	19.97%	42.48%	-14.19%	16.05%	11.20%	5.17%	149.43%	-0.78%	-15.36%	10.47%	-80.90%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry: Wholesale-Electronic Parts & Equipment, NEC (SIC 5065)
Listed as: TEL (NYSE)
Fiscal year ends: September 25
Headquarters: Galway
SEC filer status: Large accelerated filer
SEC CIK: 1385157
Former names: TE Connectivity Ltd. (until Sep 23, 2024); Tyco Electronics Ltd. (until Mar 10, 2011)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.