TEL TE Connectivity (TEL) Q2 FY25 earnings call
TE Connectivity delivered strong Q2 FY25 results, exceeding sales and EPS guidance, primarily driven by robust growth in the Industrial segment, particularly from AI applications. The company is actively managing tariff impacts through sourcing changes and pricing actions, expecting no meaningful impact on Q3 earnings. While some end markets remain uneven, TE's localized manufacturing strategy and strong cash generation position it to navigate the dynamic global environment.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
TEL operating KPIs by quarter
| KPI | This call Mar 2025 Q2 FY25 | Dec 2025 Q1 FY26 | Mar 2026 Q2 FY26 | Jun 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|
| Orders | $4.25BOur orders were $4.25 billion, and these were up 6% on both a year-over-year and a sequential basis, and this supports our outlook for the sequential growth into the third quarter, and I'll get into more details on the order levels in a little bit.Source: earnings call transcript | $5.1BIn the quarter, we saw orders increase by over $1 billion versus the prior year to $5.1 billion.Source: earnings call transcript | $5.3BWe saw orders increase to $5.3 billion and I'll provide more color on the order momentum on the next slide.Source: earnings call transcript | $5.7BOur order momentum continues to increase, which resulted in record order levels of $5.7 billion, growing 27% versus the prior year as well as 7% on a sequential basis.Source: earnings call transcript | +7.5% |
| Book-to-bill ratio | 1.02 ratioIn the quarter, we saw orders grow to $4.25 billion, and we had a book-to-bill of 1.02.Source: earnings call transcript | 1.1 ratioAs I mentioned, we saw orders increase to a record level of over $5 billion, and our book-to-bill was 1.1, reinforcing our momentum, and I'll provide more color on orders as I get into the next slide.Source: earnings call transcript | 1.12 ratioAs I mentioned, orders were $5.3 billion with a book-to-bill of 1.12.Source: earnings call transcript | 1.1 ratioWe are running a book-to-bill of 1.1, both in the quarter as well as year-to-date.Source: earnings call transcript | -1.8% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.