TE Connectivity plc filed an earnings press release on October 28, 2026, reporting fiscal fourth quarter and full-year results for the period ended September 25, 2026, including record annual sales, orders, operating margin, earnings per share, and cash generation.

Key Highlights

  • Record full-year net sales: $19.9 billion, up 15% on a reported basis and 12% organically year over year.
  • Full-year adjusted EPS: $11.52, an increase of 24% year over year; GAAP EPS was $11.07, up 80%.
  • Q4 net sales record: $5.3 billion, up 12% reported and 13% organically year over year.
  • Full-year free cash flow: $3.4 billion, with approximately $2.8 billion returned to shareholders.
  • Full-year orders: $22.2 billion, up 27% year over year.
  • Bolt-on acquisitions: $1.6 billion committed for acquisitions in the Industrial segment to broaden optics and power filtering portfolios.
  • Q1 FY2027 outlook: The company expects sales of approximately $5.35 billion and adjusted EPS of approximately $3.30, both up approximately 21% and 15% respectively year over year on the metrics disclosed.

TE Connectivity's Fiscal 2026 Results: Records Across Key Metrics

According to the filing, TE Connectivity plc (NYSE:TEL) reported that fiscal year 2026, which ended September 25, 2026, produced company records across sales, orders, operating margin, earnings per share, and cash generation. Full-year net sales reached $19.9 billion, rising 15% on a reported basis and 12% organically, driven by what the company described as "broad growth across the portfolio due to customer needs for increased data and power connectivity." Full-year orders of $22.2 billion represented a 27% increase year over year.

For the fiscal fourth quarter, the filing reported net sales of $5.3 billion, characterized as a record, reflecting a 12% increase on a reported basis and 13% organically. Fourth-quarter GAAP diluted EPS from continuing operations was $3.10, up 39% year over year, while adjusted EPS was $3.14, an increase of 21%. GAAP operating margin was 21% and adjusted operating margin was 22% for the quarter. Cash flow from operating activities was $1.5 billion and free cash flow was $1.2 billion in the fourth quarter, with approximately $800 million returned to shareholders during that period.

For the full fiscal year, GAAP operating margin was 20% and adjusted operating margin was 22%. Cash flow from operating activities was $4.5 billion and free cash flow was $3.4 billion. The company disclosed it committed $1.6 billion for bolt-on acquisitions in its Industrial segment. CEO Terrence Curtin attributed the performance to "strategic positioning of TE around accelerating data and power trends." Regarding the first quarter of fiscal 2027, the company stated it expects sales of approximately $5.35 billion, GAAP EPS from continuing operations of approximately $3.04 (up 20% year over year), and adjusted EPS of approximately $3.30 (up 21% year over year). The filing notes these statements are the company's own forward-looking expectations and are subject to its cautionary language.

What Was Disclosed

TE Connectivity reported fiscal year 2026 and fourth-quarter financial results, disclosing record annual sales of $19.9 billion, adjusted EPS of $11.52, free cash flow of $3.4 billion, and provided first-quarter fiscal 2027 sales and earnings guidance.