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TE Connectivity plc

Electronic components and sensor manufacturingFounded 2007
Reviewed by Swet Parvadiya
Company data updated: October 2026
Independent Editorial Analysis
12 historical events · Editorial analysis

TE Connectivity Company Profile: Revenue, Business Model & Strategy

Research depth: 12 milestones · 10 FAQs

TE Connectivity reported FY2025 net sales of $17.262 billion and net income of $1.842 billion. In Q3 FY2026 sales rose 14% to a record $5.16 billion. Terrence Curtin is CEO, and the company employs more than 90,000 people.

How TE Connectivity makes money: TE Connectivity earns revenue by selling engineered connectors, sensors, relays, terminals, wire and cable assemblies to manufacturers that design them into long-lived products.

Revenue & employeesCEO historyFoundersBusiness model
Annual Revenue (FY2025)$17.3B
Employees90,000
CEOTerrence Curtin
Founded2007
IndustryElectronics
By Swet ParvadiyaLast reviewed:
Data sources: annual reports, SEC filings, methodology
Industry:Electronic components and sensor manufacturing

TE Connectivity plc key figures

TE Connectivity plc had revenue of $17.3B for fiscal year 2025, up 8.9% from FY2024. Net income was $1.8B, a net margin of 10.7%.

Source: TE CONNECTIVITY PLC annual report (Form 10-K, SEC EDGAR, filed 2025-11-10) · Last reviewed October 2026

Revenue growth, FY2016 to FY2025
+4.8% a year
Compound annual rate, $11.4B to $17.3B
Peak revenue year
FY2025
The latest annual year is the highest in this series
Revenue per employee
$191,800
FY2025 revenue divided by 90,000 employees; headcount may use another date
Current chief executive
Terrence R. Curtin
In the role since 2017 (9 years)
Documented transactions
5
Between 2014 and 2026
Founded
2007
19 years ago
Where was TE Connectivity founded?
TE Connectivity was founded in Elizabeth, New Jersey, United States in 2007.
When did TE Connectivity start?
TE Connectivity was founded in 2007.
Who founded TE Connectivity?
TE Connectivity was founded by Uncas A. Whitaker.
How old is TE Connectivity?
TE Connectivity is 19 years old as of 2026.
In-Depth Analysis
318 words · 2 min read

TE Connectivity Overview

TE Connectivity plc (NYSE: TEL) is a connector and sensor manufacturer legally headquartered in Galway, Ireland. It reported FY2025 net sales of $17.262 billion and net income of $1.842 billion, employs more than 90,000 people and is led by CEO Terrence Curtin, who took the role in March 2017.

How TE Connectivity Makes Money

TE sells engineered connectors, terminals, relays, sensors and cable assemblies to manufacturers that design them into vehicles, machines, servers, grid equipment, aircraft and medical devices. Transportation Solutions produced about 54% of FY2025 sales and Industrial Solutions about 46%. Once a part is qualified into a platform, it usually ships for years, which makes revenue sticky.

TE Connectivity Financials

Sales rose 8.9% in FY2025 after two softer years. Fiscal 2026 accelerated: third-quarter sales reached a record $5.16 billion, up 14%, adjusted EPS rose 22% to $2.94 and orders climbed 27% to $5.7 billion. Year-to-date free cash flow was $2.2 billion, and TE guided fourth-quarter sales to about $5.25 billion.

Strategy and Acquisitions

Growth now leans on AI data-center interconnects and utility grid upgrades in Industrial Solutions, plus rising electronic content per vehicle. TE closed the $2.3 billion Richards Manufacturing deal in April 2025 and agreed in July 2026 to buy Astrodyne TDI for about $1.4 billion.

Competitors

TE's main rival is Amphenol. It also competes with Aptiv, Molex, Yazaki, Sumitomo Electric and Korea Electric Terminal in vehicles, Sensata and Honeywell in sensors, and Hubbell in grid products.

Risks

Auto production cycles, tariffs, China exposure, copper and precious-metal costs, and the pace of AI data-center spending are the main variables for TE's results.

History

TE descends from AMP, founded by Uncas A. Whitaker in 1941 to make solderless crimped terminals. Tyco acquired AMP in 1999, spun off Tyco Electronics in 2007, and the company took the TE Connectivity name in 2011 before moving its domicile from Switzerland to Ireland in 2024.

Table of Contents

TE Connectivity plc Key Facts

CompanyTE Connectivity plc
Annual revenue change+8.9% (FY2024–FY2025)
Financials$17.3B (FY2025, last reviewed October 2026)
Market Cap$61.2B
FY2025 net income$1.8B
Last reviewedBy Swet Parvadiya, Founder & Editor - October 2026
Founded2007
Founder(s)Uncas A. Whitaker (founder of predecessor AMP)
CEOTerrence Curtin
HeadquartersGalway, Ireland
IndustryElectronic components and sensor manufacturing
Employees90,000+
TickerTEL

TE Connectivity Company Profile: Revenue, Business Model & Strategy

"Most people never see a TE Connectivity part, yet its connectors and sensors sit inside cars, AI servers, aircraft and power grids. That hidden position produced $17.26 billion of FY2025 sales and record orders of $5.7 billion in a single quarter of fiscal 2026."

Why TE Connectivity plc Wins

TE wins because its parts are qualified into customer platforms that run for years, and replacing a qualified connector or sensor means redesign and retesting. Breadth across autos, industry, data centers and energy also lets it cross-sell engineering support.

TE Connectivity plc operates in a competitive market alongside Amphenol Corporation, Aptiv PLC, Honeywell Technologies, Corning Incorporated. Analysts frequently compare TE Connectivity plc and Amphenol Corporation due to their overlapping products, target markets, and strategic positioning. See full comparison →

TE Connectivity reported FY2025 net sales of $17.262 billion and net income of $1.842 billion. In Q3 FY2026 sales rose 14% to a record $5.16 billion. Terrence Curtin is CEO, and the company employs more than 90,000 people.

Revenue

$17.3B

Founded

2007

Employees

90K+

Market Cap

$61.2B

Author: CorpDigest Research DeskCompany Research

Key Facts

  • Founded: TE Connectivity plc was established in 2007 and is headquartered in Galway, Ireland.
  • Revenue: TE Connectivity plc had $17.3B in annual revenue (FY2025).
  • Valuation: Market capitalization of approximately $61.2B.
  • Scale: TE Connectivity plc employs 90,000 people globally.
  • Business Model: TE Connectivity earns revenue by selling engineered connectors, sensors, relays, terminals, wire and cable assemblies.
  • Competitive Edge: TE's advantage comes from being designed into customer platforms early, the cost and time of requalifying a replacement.

How TE Connectivity Makes Money

Capital Allocation & Scaling Mechanics

TE Connectivity earns revenue by selling engineered connectors, sensors, relays, terminals, wire and cable assemblies to manufacturers that design them into long-lived products. Engineers co-design parts with automakers, industrial OEMs, data-center hardware makers, utilities and aerospace and medical customers; once a part is qualified for a platform, it tends to ship for the life of that program. Since fiscal 2025 TE reports two segments. Transportation Solutions (about 54% of FY2025 net sales) covers automotive, commercial transportation and sensors. Industrial Solutions (about 46%) covers automation and connected living, aerospace, defense and marine, energy, digital data networks and medical. Industrial was the faster grower in fiscal 2026, with sales up more than 20% in the third quarter on AI data-center and grid demand, helped by the $2.3 billion Richards Manufacturing acquisition (closed April 2025). Sales go both directly to OEMs and through electronics distributors.

Explore TE Connectivity plc In Depth

📅TE Connectivity plc History & Milestones💼How TE Connectivity plc Makes Money📊TE Connectivity plc Revenue & Financials⚔️TE Connectivity plc Competitive Strategy & SWOT👤TE Connectivity plc Founders & Origin Story🏆TE Connectivity plc CEO History & Leadership🤝TE Connectivity plc Acquisitions & Deals

What Is TE Connectivity plc's Growth Strategy?

First, content growth in vehicles: more high-voltage and high-speed data connectors per car than a combustion vehicle needs, which let Transportation grow 5% organically in Q3 FY2026 while end markets were softer. Second, AI and energy infrastructure in Industrial Solutions, where sales grew more than 20% in Q3 FY2026. Third, bolt-on acquisitions in industrial and energy niches: Richards Manufacturing ($2.3 billion, closed April 2025) added North American utility grid products, and in July 2026 TE agreed to buy Astrodyne TDI from Tinicum for about $1.4 billion, adding more than $250 million of annual power-management sales. Strong free cash flow funds both the deals and buybacks and dividends.

How Much Revenue Does TE Connectivity Generate?

TE Connectivity reported FY2025 (year ended September 26, 2025) net sales of $17.262 billion, up 8.9% from $15.845 billion, and net income of $1.842 billion. Fiscal 2026 has been stronger: Q3 FY2026 (ended June 26, 2026) sales were a record $5.16 billion, up 14% reported and 12% organically, adjusted EPS rose 22% to $2.94, adjusted operating margin reached 22%, and orders hit a record $5.7 billion. Year-to-date free cash flow was $2.2 billion and TE returned $2.0 billion to shareholders. Guidance for Q4 FY2026 called for about $5.25 billion in sales and adjusted EPS of about $3.05.

Financial MetricEstimated Value
Market Capitalization$61.2B
Employee Count90,000 +
Latest Annual Revenue$17.3B (FY2025)

Historical Revenue Chart

TE Connectivity plc Annual Revenue History

All figures in USD.

Fiscal YearRevenue FigureYoY Change
FY2016$11.4BN/A
FY2017$12.2B+7.3%
FY2018$14B+14.8%
FY2019$13.4B-3.9%
FY2020$12.2B-9.5%
FY2021$14.9B+22.6%
FY2022$16.3B+9.1%
FY2023$16B-1.5%
FY2024$15.8B-1.2%
FY2025$17.3B+8.9%

The source for each year is listed on the TE Connectivity plc financials page.

Core Strength

TE parts are designed into long-life platforms where reliability and certification make switching difficult.

Key Weakness

Automotive and industrial demand can weaken quickly when customers reduce inventory or capital spending.

Deep Dive into TE Connectivity plc SWOT Analysis

Who Are TE Connectivity plc's Main Competitors?

TE Connectivity's closest rival is Amphenol, which has grown faster in AI data-center interconnects. In vehicles it competes with Aptiv, Yazaki, Sumitomo Electric, Molex (Koch Industries) and Korea Electric Terminal; in sensors with Sensata and Honeywell; and in grid products with Hubbell and others. Competition turns on engineering support, qualification, reliability, pricing and supply security. TE's parts are designed into a customer's product early, and replacing them later means paying for requalification, which protects its position. It reported FY2025 net sales of $17.262 billion, up 8.9%, and net income of $1.842 billion. Fiscal 2026 has been stronger: third-quarter sales were a record $5.16 billion, up 14%, and its Transportation segment grew 5% organically even though vehicle markets were softer. Its recent Industrial growth depends heavily on AI data-center spending, and it has a pending $1.4 billion deal for Astrodyne TDI.

Top CompetitorsHead-to-Head Analysis
Amphenol CorporationCompare vs Amphenol Corporation→

What Is TE Connectivity plc's Full Historical Timeline?

Historical Timeline & Strategic Pivots

Key Milestones

1941 -

Whitaker founds Aircraft-Marine Products (AMP) to make solderless crimped electrical terminals.

1999 -

Tyco International acquires AMP and folds it into Tyco Electronics.

2006 -

Tom Lynch became CEO of TE Connectivity in 2006. Led TE through its 2007 separation from Tyco International; Terrence Curtin succeeded him in March 2017.

2007 -

Tyco Electronics becomes an independent NYSE-listed company (TEL).

2010 -

Tyco Electronics bought ADC Telecommunications in 2010 for about $1.25 billion.

2012 -

TE Connectivity bought the connector maker Deutsch in 2012 for about $2 billion.

2014 -

TE buys sensor maker Measurement Specialties for about $1.7 billion, building its sensor business.

2017 -

Curtin became CEO of TE Connectivity in 2017. Curtin joined Tyco Electronics in 2006 and was CFO and then President before becoming CEO in March 2017.

2024 -

TE completes its change of legal domicile from Switzerland to Ireland on September 30, 2024.

2025 -

TE closes the $2.3 billion Richards Manufacturing acquisition in April 2025, reorganizes into two segments and reports FY2025 net sales of $17.262 billion.

2026 -

Q3 FY2026 sales reach a record $5.16 billion with $5.7 billion of orders; TE agrees to buy Astrodyne TDI for about $1.4 billion.

Risks & Weaknesses

Analytical Assessment

Primary Risk Factor

The biggest risk is a simultaneous downturn in auto production and AI data-center spending, the two markets driving most of TE's recent growth, together with tariff and China exposure.

Risk assessment based on public filings, SWOT analysis, and verified industry data. Not financial advice.

How Did TE Connectivity Start and Grow?

Established

2007

Fiscal Revenue (FY2025)

$17.3B

Workforce

90K+

HQ Location

Galway, Ireland

Key Turning Point

: The Strategic Shift That Created a Behemoth

Tyco Electronics was spun off as a standalone public company and later renamed TE Connectivity.

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Explore TE Connectivity In Depth

Detailed research across every dimension of TE Connectivity — history, financials, leadership, and strategy.

Company History

TE Connectivity reported FY2025 net sales of $17.262 billion and net income of $1.842 billion, and grew Q3 FY2026 sales 14% to $5.16 billion. Terrence Curtin has been CEO since March 2017.

Full TE Connectivity history →

Revenue & Financials

TE Connectivity had $17.3B in revenue for fiscal year 2025. Data covers 10 fiscal years. Market capitalization stands at approximately $61B.

TE Connectivity financials →

Founders

TE Connectivity was founded by Uncas A. Whitaker (founder of predecessor AMP) in 2007. Explore each founder's background, motivations, and their role in building the company.

TE Connectivity founders →

CEO & Leadership

TE Connectivity is currently led by Terrence Curtin. Explore the full CEO history — leadership transitions, tenures, and the strategic decisions of each chief executive.

TE Connectivity CEO history →

Business Model

TE Connectivity earns revenue by selling engineered connectors, sensors, relays, terminals, wire and cable assemblies to manufacturers that design them into long-lived products.

How TE Connectivity makes money →

Acquisitions

TE Connectivity has completed 5 documented acquisitions. Explore the full acquisition history and strategic rationale behind each deal.

TE Connectivity acquisitions →

Competitive Strategy

TE's growth plan rests on three levers. First, content growth in vehicles: more high-voltage and high-speed data connectors per car than a combustion vehicle needs, which let Transportation grow 5% organically in Q3…

TE Connectivity strategy →

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 Research Profile

Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.

About the Author →Our Methodology →

Frequently Asked Questions About TE Connectivity

What does TE Connectivity do?

TE Connectivity (NYSE: TEL) designs and makes connectors, sensors, relays and cable assemblies that carry power, data and signals in vehicles, industrial machines, data centers, utility grids, aircraft and medical devices. It is legally headquartered in Galway, Ireland.

How does TE Connectivity make money?

TE sells engineered components to manufacturers that design them into their products. In FY2025 Transportation Solutions generated about 54% of its $17.26 billion net sales and Industrial Solutions about 46%.

Who is the CEO of TE Connectivity?

Terrence Curtin has been CEO since March 2017. He joined Tyco Electronics in 2006 and previously served as CFO and President.

Who owns TE Connectivity?

TE Connectivity plc is publicly traded on the NYSE under the ticker TEL and is owned by public shareholders, mainly institutional investors. Its market value was roughly $61 billion at the end of September 2026.

What was TE Connectivity's revenue?

FY2025 net sales were $17.262 billion with net income of $1.842 billion. In Q3 FY2026 sales rose 14% to a record $5.16 billion, and trailing twelve-month sales were about $19.3 billion.

Who are TE Connectivity's competitors?

Its main competitors are Amphenol, Aptiv, Molex, Yazaki, Sumitomo Electric, Korea Electric Terminal, Sensata and Hubbell, depending on the market.

What is TE Connectivity's history?

TE descends from AMP, founded by Uncas A. Whitaker in 1941. Tyco bought AMP in 1999, spun off Tyco Electronics in 2007, the company was renamed TE Connectivity in 2011, and it moved its domicile to Ireland in 2024.

What acquisitions has TE Connectivity made recently?

TE closed the $2.3 billion Richards Manufacturing purchase in April 2025 and in July 2026 agreed to buy Astrodyne TDI for about $1.4 billion.

Was TE Connectivity part of Tyco?

Yes, TE Connectivity was formerly known as Tyco Electronics. It was officially spun off from the massive Tyco International conglomerate in 2007 to become a fully independent public company.

Who originally founded the core of TE Connectivity?

The core origins of TE Connectivity trace back to AMP Incorporated, a revolutionary connector company founded in 1941 by Uncas A. Whitaker.

Analysis: How TE Connectivity plc Makes Money

Deep dive into the TE Connectivity plc business model, revenue streams, and strategic moats in 2026.

Competitor Benchmarking

TE Connectivity plc vs Amphenol Corporation

Compare

Financial data on this page is sourced from SEC EDGAR filings, official earnings releases, and verified press statements. Revenue figures are reviewed and updated periodically. Read our full data methodology ->

Primary source: www.te.com/content/dam/te-com/documents/about-te/our-company

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This corporate intelligence report on TE Connectivity plc compiles data from verified filings. Explore more detailed brand histories and company histories in the global Electronic components and sensor manufacturing marketplace.

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Editorial Methodology

Company Research

We use company filings, annual reports, company statements and press reports, with primary sources preferred where available. Each financial row shows its recorded source. Full-year figures are separated from annualized run-rates, partial periods and forecasts; unaudited figures carry a label. Source detail varies by company, so check the linked material when the reporting basis matters.

1. Primary Sources

Public companies may provide filings and annual reports. Private-company figures may come from statements or press coverage. A missing figure stays missing, and a source link should identify where its number came from.

2. Expert Curation

We organize company records and review claims for strategic context, source quality and clarity. Pages show a review date where one is recorded.

3. Multi-Pass Audit

Technical checks flag inconsistent figures and missing links. Editorial review of the underlying source remains necessary for claims those checks cannot verify.

Swet Parvadiya
SEC filings & public records methodology
Sourced from public financial records

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History & FailuresTimeline, setbacks, and key milestonesBusiness ModelHow they make money and market productsFinancialsRevenue history and fiscal metricsCompetitive StrategyRivals, benchmarks, and SWOT analysis

Sources & References

The data and narrative synthesized in this intelligence report were verified against primary sources:

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.