TE Connectivity plc (TEL) — Financial statements
Income statement, balance sheet, and cash flow for TE Connectivity plc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 17,089↑7.9% | 15,845↓1.2% | 16,034↓1.5% | 16,281↑9.1% | 14,923 | |
| Cost of Revenue | 11,183↑7.6% | 10,389↓6.0% | 11,055↓0.9% | 11,151↑9.4% | 10,193 | |
| Gross Profit | 5,906↑8.2% | 5,456↑9.6% | 4,979↓2.9% | 5,130↑8.5% | 4,730 | |
| Operating Expenses | ||||||
| R&D Expenses | 829↑11.9% | 741↑25.0% | 593↓2.8% | 610↓0.3% | 612 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,866↑7.7% | 1,732↑3.7% | 1,670↑1.0% | 1,654↑9.8% | 1,506 | |
| Other Expenses | 0.00↓100.0% | 187 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 2,695↑1.3% | 2,660↑17.5% | 2,263↓0.0% | 2,264↑6.9% | 2,118 | |
| Total Costs & Expenses | 13,878↑6.4% | 13,049↓2.0% | 13,318↓0.7% | 13,415↑9.0% | 12,311 | |
| Operating Results | ||||||
| Operating Income | 3,211↑14.8% | 2,796↑2.9% | 2,716↓5.2% | 2,866↑9.7% | 2,612 | |
| Depreciation & Amortization | 838↑1.5% | 826↑4.0% | 794↑1.1% | 785↑2.1% | 769 | |
| EBITDA | 4,119↑11.5% | 3,693↑17.5% | 3,142↓12.3% | 3,584↑11.9% | 3,203 | |
| EBIT | 3,281↑14.4% | 2,867↑22.1% | 2,348↓16.1% | 2,799↑15.0% | 2,434 | |
| Interest & Other Income | ||||||
| Net Interest Income | 6↓64.7% | 17↑185.0% | -20↑60.8% | -51↓30.8% | -39 | |
| Interest Income | 83↓4.6% | 87↑45.0% | 60↑300.0% | 15↓11.8% | 17 | |
| Interest Expense | 77↑10.0% | 70↓12.5% | 80↑21.2% | 66↑17.9% | 56 | |
| Non-Operating Income | -70↑1.4% | -71↓119.3% | 368↑449.3% | 67↓62.4% | 178 | |
| Other Income / Expenses | -7↓800.0% | 1↑100.2% | -448↓236.8% | -133↑43.2% | -234 | |
| Income Before Tax | 3,204↑14.6% | 2,797↑23.3% | 2,268↓17.0% | 2,733↑14.9% | 2,378 | |
| Income Tax Expense | 1,361↑442.8% | -397↓209.1% | 364↑19.0% | 306↑148.8% | 123 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,843↓42.3% | 3,194↑67.8% | 1,904↓21.5% | 2,427↑7.6% | 2,255 | |
| Net Income from Discontinued Operations | -1↑0.0% | -1↓116.7% | 6↑500.0% | 1↓83.3% | 6 | |
| Net Income | 1,842↓42.3% | 3,193↑67.2% | 1,910↓21.3% | 2,428↑7.4% | 2,261 | |
| Bottom-Line Net Income | 1,842↓42.3% | 3,193↑67.2% | 1,910↓21.3% | 2,428↑7.4% | 2,261 | |
| EPS (Basic) | 6.20↓40.4% | 10.40↑71.6% | 6.06↓19.4% | 7.52↑9.8% | 6.85 | |
| EPS (Diluted) | 6.16↓40.4% | 10.33↑71.3% | 6.03↓19.3% | 7.47↑10.0% | 6.79 | |
| Weighted Average Shares | 297↓3.3% | 307↓2.5% | 315↓2.5% | 323↓2.1% | 330 | |
| Weighted Average Diluted Shares | 299↓3.2% | 309↓2.5% | 317↓2.5% | 325↓2.4% | 333 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.