Galway, Ireland | January 23, 2026
TE Connectivity has announced its financial results for the first quarter of fiscal year 2026, ended December 26, 2025. The company delivered robust growth in revenue, profitability, and orders, driven by strong performance across both its Industrial and Transportation Solutions segments.
Q1 FY2026 Highlights
- Net sales of $4.7 billion, up 22% year over year, with 15% organic growth, supported by broad-based growth across both major segments
- GAAP diluted EPS from continuing operations of $2.53, an increase of 45% year over year; Adjusted EPS of $2.72, up 33%
- GAAP operating margin of 20.6%, expanding 260 basis points year over year; Adjusted operating margin increased 180 basis points to 22.2%, reflecting strong operational execution
- Orders reached a record $5.1 billion, up 28% year over year and 9% sequentially
- Operating cash flow of $865 million and free cash flow of $608 million, with $615 million returned to shareholders
Management Commentary
TE Connectivity CEO Terrence Curtin commented:
“Our teams executed our strategy exceptionally well, delivering over 30% earnings growth and more than 20% sales growth in the first quarter—both exceeding expectations—driven by strong performance in both Industrial and Transportation Solutions.”
Curtin highlighted continued investments in data and power connectivity, with a focus on key long-term growth areas including artificial intelligence, grid modernization, and next-generation vehicles. These strategic priorities helped drive automotive growth above overall market rates.
With strong execution and favorable positioning, TE Connectivity achieved a record quarterly order intake exceeding $5 billion, providing a solid foundation for continued growth and margin expansion throughout the fiscal year.
Q2 FY2026 Outlook
For the second quarter of fiscal year 2026, the company expects:
- Sales of approximately $4.7 billion, representing 13% year-over-year growth and 6% organic growth
- Adjusted EPS of approximately $2.65, up 20% year over year
- GAAP EPS from continuing operations of approximately $2.26
Beginning in fiscal year 2026, TE Connectivity will exclude amortization of intangible assets and related tax impacts (where applicable) from certain non-GAAP measures to better reflect underlying operating performance.