TE Connectivity Ltd. Q1 2026 Earnings Recap

TE Connectivity reported robust first-quarter results for fiscal 2026, achieving over 20% sales growth driven by record orders and strong operational execution, positioning the company for sustained future growth.

Key Takeaways

• First-quarter sales reached $4.7 billion, a 22% increase year-over-year, with both segments contributing to growth.
• Achieved record adjusted earnings per share of $2.72, reflecting over 30% year-over-year growth, and improved adjusted operating margins to 22%.
• Record orders exceeded $5 billion, growing by more than $1 billion year-over-year, confirming strong demand across all business segments.
• Free cash flow exceeded $600 million, with 100% returned to shareholders while supporting growth investments.
• Optimistic outlook for the second quarter, anticipating $4.7 billion in sales and $2.65 adjusted earnings per share, signaling continued momentum despite seasonal variations.