What is TE Connectivity's income tax?

TE Connectivity (TEL) reported income tax of $87M 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 $742M to $87M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

TE Connectivity TEL Income Tax

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Other financials

Income statement

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Revenue$4.7B+14.5%

Gross profit$1.7B+19.6%

Operating income$954.0M+27.5%

Net income$855.0M+6,477%

EPS (diluted)$2.90+7,150%

Balance sheet

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Cash & equivalents$1.1B-56.5%

Total debt$5.6B+70.2%

Total equity$12.4B—

Total assets$25.7B+8.6%

Cash flow

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Operating cash flow$947.0M+45.0%

CapEx$270.0M+17.4%

Free cash flow$677.0M+60.0%

Valuation

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Market cap$58.85B+17.4%

Enterprise value$63.29B+16.5%

P/E20.3×-14.2×

P/S3.2×+0.1×

Profitability

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Gross margin36.1%+1.2pp

Operating margin19.7%+2.0pp

Net margin15.5%+6.9pp

FCF margin18.1%+0.8pp

Returns & leverage

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Debt / equity0.2×—

Current ratio1.9×+0.4×

Where this comes from

Reported directly by TE Connectivity in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: TE Connectivity’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TE Connectivity's income tax?: TE Connectivity (TEL) reported income tax of $87M 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 $742M to $87M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.