TE Connectivity Ltd. (TEL) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	19.1B	17.1B	15.8B	16.0B	16.3B
Cost of Revenue	12.4B	11.2B	10.4B	11.1B	11.2B
Gross Profit	6.8B	5.9B	5.5B	5.0B	5.1B
Operating Expenses
R&D Expense	919.0M	829.0M	741.0M	593.0M	610.0M
SG&A Expense	2.1B	1.9B	1.7B	1.7B	1.7B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	110.0M	—	187.0M	—	—
Total Operating Expenses	3.1B	2.7B	2.7B	2.3B	2.3B
Cost and Expenses	15.5B	13.9B	13.0B	13.3B	13.4B
Operating Income (EBIT)	3.7B	3.2B	2.8B	2.7B	2.9B
Non-Operating
Interest Income	88.0M	83.0M	87.0M	60.0M	15.0M
Interest Expense	60.0M	77.0M	70.0M	80.0M	66.0M
Net Interest Income	28.0M	6.0M	17.0M	(20.0M)	(51.0M)
Other Non-Op Income/Expense	116.0M	(7.0M)	1.0M	(448.0M)	(133.0M)
Non-Operating Income (excl Interest)	(289.0M)	(70.0M)	(71.0M)	368.0M	67.0M
EBT (Pre-Tax Income)	3.8B	3.2B	2.8B	2.3B	2.7B
Income Tax Expense	754.0M	1.4B	(397.0M)	364.0M	306.0M
Bottom Line
Net Income	3.0B	1.8B	3.2B	1.9B	2.4B
Earnings from Cont. Ops	3.0B	1.8B	3.2B	1.9B	2.4B
Earnings from Discont. Ops	(2.0M)	(1.0M)	(1.0M)	6.0M	1.0M
Bottom Line Net Income	3.0B	1.8B	3.2B	1.9B	2.4B
Per Share
Basic EPS	$10.29	$6.20	$10.40	$6.06	$7.52
Diluted EPS	$10.20	$6.16	$10.33	$6.03	$7.47
Revenue Per Share	$65.80	$57.54	$51.61	$50.90	$50.41
Shares
Basic Shares Outstanding	291.0M	297.0M	307.0M	315.0M	323.0M
Diluted Shares Outstanding	293.0M	299.0M	309.0M	317.0M	325.0M
Profitability Metrics
EBITDA	4.9B	4.1B	3.7B	3.1B	3.6B
D&A	1.0B	838.0M	826.0M	794.0M	785.0M
EBIT	3.9B	3.3B	2.9B	2.3B	2.8B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026