TE Connectivity
ConvictionModerate
Designs and manufactures engineered connectivity and sensor components sold to OEMs across transportation, industrial, energy, data-center, aerospace/defense, and medical end markets; a broad catalog of engineered components plus custom-engineered content designed into customer platforms, monetized per-unit with multi-year design-win stickiness. Growth via organic content-per-unit gains plus bolt-on M&A.
Revenue
$17.26B FY2025record); ~$18.7B TTM through Q2 FY2026Rev growth
+9% reported / +6% organic FY2025accelerating to +22% reported (+15% organic) in Q1 FY2026 and +15% reported (+7% organic) in Q2 FY2026Gross margin
~34%historical TE range; FY2025 exact gross margin not itemized in the summary releaseOp margin
20% adjusted / 19% GAAP FY2025both records); expanded to 22.2% adjusted in Q1 FY2026 and ~22% adjusted in Q2 FY2026Capex intensity
~5% of sales FY2025~$0.9B), rising to ~6% in FY2026 to scale AI-datacenter and grid capacityMarket cap
~$58.4BNYSE: TEL, price ~$200 as of 2026-07-06Primary source
Reported financials — SEC EDGAR
Audited GAAP figures pulled from SEC filings · latest filing 2025-11-10. The audited primary-source spine — not financial advice.
Revenue — annual (GAAP)
FY’21
$14.9B
FY’22
$16.3B+9%
FY’23
$16.0B-2%
FY’24
$15.8B-1%
FY’25
$17.3B+9%
Margins & balance sheet — FY’25
Gross margin35.2%
Operating margin18.6%
Net margin10.7%
Net debt$4.5B
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Full financial intelligence for TE Connectivity
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not financial advice — analyst work product for a qualified professional.