TE Connectivity PLC Q3 2026 Earnings Release

TE Connectivity plc reported strong third quarter fiscal 2026 results, exceeding guidance with a 14% increase in sales and a 22% increase in adjusted EPS year-over-year. Net sales reached a record $5.16 billion, driven by 12% organic growth, while adjusted EPS hit a record $2.94. The company also saw record orders of $5.7 billion, a 27% increase year-over-year. They announced an agreement to acquire Astrodyne TDI for approximately $1.4 billion to expand their power portfolio. For the fourth quarter of fiscal 2026, TE Connectivity expects sales of approximately $5.25 billion, an 11% increase year-over-year, and adjusted EPS of approximately $3.05, an 18% increase year-over-year. The company highlighted strong performance in both its Industrial and Transportation segments, with particular strength in areas related to AI and data centers.