Tax

Income Tax

TE Connectivity Income Tax decreased by 58.6% to $87.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 88.3%, from $742.00M to $87.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ2 2026Apr 24, 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

17 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$124.00M$110.00M$136.00M$116.00M$87.00M$100.00M$96.00M$81.00M-$1.11B$146.00M$181.00M$178.00M$742.00M$208.00M$233.00M$210.00M$87.00M
QoQ Change-11.3%+23.6%-14.7%-25.0%+14.9%-4.0%-15.6%<-999%+113.2%+24.0%-1.7%+316.9%-72.0%+12.0%-9.9%-58.6%
YoY Change-6.5%-20.9%-26.5%-17.2%<-999%+46.0%+88.5%+116.1%+408.2%+14.9%+18.0%-88.3%
Range-$1.11B$742.00M
CAGR-8.5%
Avg YoY Growth-69.8%
Median YoY Growth+4.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is TE Connectivity's income tax?
TE Connectivity (TEL) reported income tax of $87.00M in Q1 2026.
How has TE Connectivity's income tax changed year-over-year?
TE Connectivity's income tax decreased by 88.3% year-over-year, from $742.00M to $87.00M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.