A maker of the tiny connectors, sensors, and wiring systems that quietly hold modern life together, used in cars, planes, factories, and medical devices. Its roots go back to 1941, when engineer Uncas Whitaker founded Aircraft-Marine Products in Harrisburg, Pennsylvania, to build a faster, more reliable solderless crimp terminal for wartime aircraft and ships. Renamed TE Connectivity in 2011 after its years as Tyco Electronics, the company has a name that simply stands for its trade: connecting everything.
Q3 FY2026 revenue rose 13.8% to $5.16B as Industrial Solutions grew 21.9% on AI demand
grew 21.9% on AI demand, carrying the quarter. rose 13.8% to $5.16B and improved to 35.6% as volume and manufacturing productivity increased, with at 19.0%. The company extended its AI-led expansion and authorized a $3.0B increase to its .
Key takeaways
rose 21.9% in Q3, led by 34.0% in from AI applications and 32.7% in energy from grid hardening and data centers, driving consolidated net sales up 13.8% to $5.16B.
increased 6.7%, with automotive of 2.9% from higher content per vehicle and commercial transportation up 17.8% across all regions.
improved to 35.6% from 35.3% a year ago and rose to 19.0% from 18.9%, aided by higher volume and manufacturing productivity.
Section summaries
Management's Discussion and Analysis
Q3 FY2026 net sales rose 13.8% to $5.16B driven by 21.9% growth in Industrial Solutions and 6.7% in Transportation Solutions.
⌄
Consolidated grew 13.8% in Q3 and 16.5% in the first nine months, with of 12.2% and 11.4%, respectively.
reached $2,997M in the first nine months, up $279M , while the company authorized a $3.0B increase in its and declared a $0.78 .
Q4 FY2026 are expected to be approximately $5.25B with from continuing operations of approximately $2.84.
What changed
Q3 FY2026 of approximately $5.0B and of about $2.44 were guided in Q2; actual Q3 net sales were $5.16B and Q4 is $5.25B, with Q3 not yet stated beyond the nine-month trend.
was 46.1% in Q2 FY2026 and 34.0% in Q3, confirming AI and cloud demand held but at a lower rate.
Total fiscal 2026 restructuring charges remain against the about $100M target, with $10M recorded in Q1 and progress toward $200M annualized savings not updated this quarter.
stood at $5,553M at Q1 FY2026 end per the table and was not restated in this filing; cash generation through nine months was $2,997M .
Risk factors showed no material changes from the FY2025 10-K, and market risk exposures were unchanged in the first nine months of fiscal 2026.
What to watch
Q4 FY2026 of approximately $5.25B and from continuing operations of approximately $2.84 versus the $4.75B and result a year earlier.
rate next quarter after 34.0% this quarter to confirm AI demand sustains.
Total fiscal 2026 restructuring charges against the about $100M target and progress toward $200M annualized savings.
Use of the $3.0B increased authorization and its effect on cash and share count.
surged 21.9% in Q3, led by 34.0% in digital data networks from AI applications and 32.7% in energy from grid hardening and data centers.
increased 6.7% in Q3, with automotive of 2.9% driven by higher content per vehicle and commercial transportation up 17.8% across all regions.
improved to 35.6% in Q3 from 35.3% a year ago, and rose to 19.0% from 18.9%, aided by higher volume and manufacturing productivity.
reached $2,997M in the first nine months, up $279M , while the company authorized a $3.0B increase in its program and declared a $0.78 interim .
Q4 FY2026 are expected to be approximately $5.25B, up from $4.75B in Q4 FY2025, with from continuing operations of approximately $2.84.
Quantitative and Qualitative Disclosures About Market Risk
There have been no significant changes in our exposures to market risk during the first nine months of fiscal 2026. For further discussion of our exposures to market risk, refer to “Part II. Item 7A. Quantitative and Qualitative Disclosures About Market Risk” in our Annual Repor…
⌄
There have been no significant changes in our exposures to market risk during the first nine months of fiscal 2026. For further discussion of our exposures to market risk, refer to “Part II. Item 7A. Quantitative and Qualitative Disclosures About Market Risk” in our Annual Report on Form 10-K for the fiscal year ended September 26, 2025.
See Note 9 to the Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q for a description of our legal proceedings since we filed our Annual Report on Form 10-K for the fiscal year ended September 26, 2025. For a description of our previously reported…
⌄
See Note 9 to the Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q for a description of our legal proceedings since we filed our Annual Report on Form 10-K for the fiscal year ended September 26, 2025. For a description of our previously reported legal proceedings, refer to “Part I. Item 3. Legal Proceedings” in our Annual Report on Form 10-K for the fiscal year ended September 26, 2025.
Environmental Matters
There have been no material changes in our risk factors from those disclosed in “Part I. Item 1A. Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 26, 2025. The risk factors described in our Annual Report on Form 10-K, in addition to other info…
⌄
There have been no material changes in our risk factors from those disclosed in “Part I. Item 1A. Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended September 26, 2025. The risk factors described in our Annual Report on Form 10-K, in addition to other information in this report, could materially affect our business operations, financial condition, or liquidity. Additional risks and uncertainties not currently known to us or that we currently believe are immaterial may also impair our business operations, financial condition, and liquidity.