TE Connectivity plc

Company facts

Industry

Wholesale-Electronic Parts & Equipment, NEC

Headquarters

Galway

Most recent report

10-Q, filed Jul 24, 2026

Filings on record

1,014+ filings

On EDGAR

CIK 1385157

Fiscal year ends

September

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 2 positive, 11 notable, and 0 negative flags.

• Financial Statements (Item 1)

  Full of company-specific results: revenue, profit, segment growth, M&A, and tax items.
  Notable

  • Tax provision included $114M net benefit from settlement of prior period tax matters in nine months 2026.
  • Board authorized $3.0B buyback increase; $1.35B repurchased YTD, $3.0B remaining.
  • On July 22, 2026, agreed to acquire Astrodyne TDI for ~$1.4B cash, expected to close by end of 2026.

• Management's Discussion (Item 2)

  Detailed performance with AI-driven growth, acquisition, cash flow, and restructuring.
  Positive

  • Net sales up 13.8% in Q3 FY2026 to $5,160M, with organic growth of 12.2%.
  • Net cash from operations increased $279M to $2,997M in first nine months of FY2026.
  Notable

  • Transportation Solutions organic growth slowed: Q3 organic +4.5% vs Q2 organic -0.5%; automotive organic +2.9% in Q3.
  • Q4 FY2026 guidance: net sales ~$5.25B, diluted EPS ~$2.84. Reflects ~$10M FX headwind.
  • Acquisition of one business for $200M cash plus $150M earn-out; reported in Industrial Solutions.
  • Fiscal 2026 restructuring program: $96M incurred YTD, expects $100M total, ~$58M annual savings by FY2029.
  • Interest expense increased $45M YTD due to higher average debt levels and cost of debt.
  • Capital expenditures $832M YTD vs $665M prior; expected ~6% of net sales for FY2026.
  • New $3.0B credit facility replaces $1.5B facility; no borrowings outstanding. Covenant ratio limit 3.75x.
  • Trade compliance matter resolved with $14M payment to CBP; prior reserve was $27M.

What changed: Jun 2026 vs. Mar 2026

About 8% of TEL's Jun 2026 10-Q is new information. 22 paragraphs were added, 151 changed, and 26 removed. Below are the most important lines SECSift identified.

• Item 2 68
• Item 1 43
• Item 4 2
• Item 3 1
• Item 5 1