TEL TE Connectivity (TEL) Q3 FY26 earnings call
TE Connectivity delivered a strong Q3 FY26, driven by strategic positioning in accelerating data and power trends, particularly AI infrastructure. Record order momentum and growing backlog provide increased visibility into continued broad-based growth for FY27, reinforcing confidence in long-term earnings compounding. The company also announced a strategic bolt-on acquisition to expand its power and filter product portfolio.
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TEL operating KPIs by quarter
| KPI | Mar 2025 Q2 FY25 | Dec 2025 Q1 FY26 | Mar 2026 Q2 FY26 | This call 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.