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Companies $TEL
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TE Connectivity PLC logo

TE Connectivity PLC

te.com

What Do They Do?

Sells connectors and sensors for automakers and commercial vehicle makers, plus products that connect power, data and signals for industrial, data-center and energy customers.

How Do They Make Money?

Customers buy products at fixed prices, usually under purchase orders; TE invoices them when products ship, and payment follows customary credit terms.

revenue
SegmentShareRevenue
Transportation Solutions
Sold outright

54%
FY2022: 57%
Industrial Solutions
Sold outright

46%
FY2022: 28%

Who Are Their Customers?

TE sells products to manufacturers across vehicle, industrial and technology markets, mainly through direct sales, and also through third-party distributors.

Do Revenues Turn Into Profits?

Yes. It kept 11 cents of every revenue dollar as net income in FY2025 and turned 19 cents into free cash flow.

Operating income, FY2025
19% of revenue
▲ +15% vs FY2024 ($2.8B, 18%)
Net income, FY2025
11% of revenue
▼ −42% vs FY2024 ($3.2B, 20%)
Free cash flow, FY2025
19% of revenue
▲ +15% vs FY2024 ($2.8B, 18%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Jun 26, 2026
Revenue
▲ +14%
vs $4.5B in Q3 FY2025
Net income
▲ +17%
vs $638M in Q3 FY2025
Transportation Solutions share of revenue vs 53.3% in Q3 FY2025

Growing. Revenue grew 16% in 4 years, from $14.9B in FY2021 to $17.3B in FY2025, about 4% a year.

Revenue over time
Transportation Solutions Industrial Solutions Communications Solutions
$20B$10B$0

Who Do They Compete With?

Competes with Yazaki, Aptiv, Sumitomo, Sensata, Honeywell, Molex, Amphenol, Hubbell, Integer Holdings, Omron, JST, and Korea Electric Terminal

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