TE Connectivity earnings: guidance and watchlist
TE Connectivity reports fourth-quarter and full-year fiscal 2026 results on October 28, 2026. The key watch is whether record orders and backlog become GAAP profit and cash.
What has TE Connectivity guided for fiscal 2026?
For fiscal 2026, TE expects adjusted EPS of $11.43 and GAAP EPS of $10.82. It guides to sales growth of 14.8%, including organic growth of 11.2%. Organic growth measures the performance of businesses TE already owned, excluding acquisitions, divestitures, and currency translation. The gap between reported and organic growth therefore shows how much comes from the existing business rather than changes in the portfolio or exchange rates.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Net sales | Quarter to Sep 2026 | 5,250 | 5,250 | Jul 22, 2026 |
| Diluted earnings per share from continuing operations | Quarter to Sep 2026 | 2.84 | 2.84 | Jul 22, 2026 |
| Adjusted diluted earnings per share from continuing operations | Quarter to Sep 2026 | 3.05 | 3.05 | Jul 22, 2026 |
| Organic net sales growth | Quarter to Sep 2026 | 10.8% | 10.8% | Jul 22, 2026 |
What this means. The quarter's guidance is still shown even though the quarter ended because the company had not released its results by October 18, 2026.
Has TE Connectivity kept its past promises?
At Investor Day in November 2025, management projected 6–8% through-cycle growth and incremental margins above 30%. It also projected double-digit adjusted EPS growth. Those are promises to be tested, not results already delivered.
How has TE Connectivity’s revenue and profit trended over the last eight quarters?
Operating income was $981 million and diluted EPS was $2.55. Quarterly operating cash was almost unchanged from a year earlier, while free cash flow declined. That gap directs attention to collections, inventory, and capital spending rather than allowing earnings alone to define the quarter.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,160 | 4,744 | 4,669 | 4,749 | 4,534 | 4,143 | 3,836 | 4,068 |
| Gross margin | 35.6% | 36.8% | 37.2% | 35.0% | 35.3% | 35.2% | 35.5% | 34.0% |
| Operating income | 981 | 954 | 963 | 916 | 857 | 748 | 690 | 651 |
| Net income | 748 | 855 | 751 | 664 | 638 | 13 | 528 | 276 |
| EPS, diluted | 2.55 | 2.90 | 2.53 | 2.23 | 2.14 | 0.04 | 1.75 | 0.90 |
| = Free cash flow | 881 | 677 | 607 | 1,150 | 957 | 423 | 673 | 829 |
What should I watch in TE Connectivity’s next results?
TE is scheduled to report fourth-quarter and full-year fiscal 2026 results on October 28, 2026. Investors will compare sales and EPS with both management’s guide and the slightly higher analyst consensus. They will also look for evidence that record orders and backlog provide genuine visibility into the next fiscal year, rather than demand that is delayed or cancelled.
The Astrodyne transaction is expected to close by the end of calendar 2026, subject to approvals and other closing conditions. Afterward, the important questions are how TE funds the purchase, how much sales and profit Astrodyne contributes, and whether integration disrupts customers or requires more cash than expected.