EarningsQ3 2026 Earnings Report
MX:TEL1N Q3 2026 EPS Results
Actual EPS$52.81
Consensus EPS$51.16
Beat/MissBeat by +$1.65
One Year Ago EPS$40.77
MX:TEL1N Q3 2026 Revenue Results
Actual Revenue$92.69B
Expected Revenue$90.04B
Beat/MissBeat by +$2.65B
YoY Revenue Growth+13.81%
Earnings Announcement Details
QuarterQ3 2026
Date07/22/2026
TimeBefore Open
Conference CallWednesday, July 22, 2026
MX:TEL1N Upcoming Earnings
TE Connectivity's next earnings date is estimated for October 28, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:TEL1N Q3 2026 Earnings Call
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strong positive operational and financial performance: record orders and backlog, double-digit revenue growth, margin expansion, robust free cash flow, and strategic M&A to broaden power capabilities. Most growth is driven by Industrial/AI-related demand (DDN and energy), while Transportation and some cyclical businesses lag. Management reiterated targets and constructive outlook into FY2027, but near-term risks include China auto market softness, restructuring charges, inflationary pressures, and delayed revenue contribution from FAU optical investments.Company Guidance
Strong Quarterly Revenue
Sales of $5.2 billion in Q3, up 14% reported and 12% organic year-over-year, with guidance for Q4 sales of approximately $5.25 billion (+11% vs prior year) and full-year sales growth now expected at ~15%.
Record Order Momentum and Backlog
Record quarterly orders of $5.7 billion, up 27% year-over-year and 7% sequentially, driving a book-to-bill of 1.1 and a record backlog that increases visibility into FY2027.
Robust Earnings and Margin Expansion
Adjusted EPS of $2.94 (record), up 22% year-over-year; adjusted operating margins expanded 90 basis points year-over-year to 21.9%; Industrial Solutions adjusted operating margin ~23% (expanded 70 bps); Transportation margins at 21%.
Industrial Segment Outperformance
Industrial Solutions sales grew 22% reported and 21% organic, led by DDN (+34% YoY; +$100M sequential) and Energy (+33% organic); Industrial orders increased 36% year-over-year.
Digital Data Networks (DDN) Momentum
DDN orders year-to-date up over 70% and DDN sales tracking in line with prior expectations; management reiterates DDN/AI cloud targets (previously cited $3B) and notes the target is 'shifting left' (achievable sooner).
Transportation Segment Growth and Content Outperformance
Transportation sales up 7% reported and 5% organic; automotive sales +5% reported (+3% organic) delivering content outperformance of ~4–6 points versus vehicle production; Commercial Transportation sales +20% reported (+18% organic).
Strong Cash Generation and Capital Returns
Q3 cash from operations $1.2 billion; free cash flow $883 million in the quarter and approximately $2.2 billion year-to-date; returned ~ $2.0 billion to shareholders YTD through dividends and buybacks; expect free cash flow conversion ~100% for the year.
Strategic Bolt-On Acquisition
Announced agreement to acquire Astrodyne TDI for ~ $1.4 billion (to be funded with cash); Astrodyne adds >$250 million in annual sales, expands power/filter and custom power solutions in Industrial segment and is expected to be accretive to growth and margins.
Broad-Based End Market Strength
Management reports broad-based double-digit order growth across businesses (AI, energy, aerospace & defense, ACL) and secular tailwinds from AI infrastructure, electrification, automation, and edge compute driving multi-segment demand.
MX:TEL1N Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed