How has TE Connectivity's industrial solutions — cost of goods sold changed year-over-year?

TE Connectivity's industrial solutions — cost of goods sold increased by 23.6% year-over-year, from $1.17B to $1.45B.

What does industrial solutions — cost of goods sold mean?

The direct costs associated with producing the goods and delivering the services sold by the Industrial Solutions segment. This includes raw materials, direct labor, and manufacturing overheads.

TE Connectivity (TEL) Industrial Solutions — Cost of Goods Sold

Screener

Other segment segments

Transportation Solutions

$1.55B+2.5%

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BELFBIndustrial Technology And Data Solutions — Cost of Goods Sold

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AIRGovernment Solutions — Cost of Goods Sold

$101.45M-4.3%

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)$2.55+19.2%

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$62.63B+6.1%

Enterprise value$67.07B+6.1%

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:CostOfGoodsAndServicesSold.

The source filing: TE Connectivity’s 10-Q, filed April 24, 2026.

Filed: Apr 24, 2026, 8:06 AM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q1 2026
Accession: 0001104659-26-048160

Line item	For the Quarter Ended March 27, 2026 / Transportation / Solutions	For the Quarter Ended March 27, 2026 / Industrial / Solutions	For the Quarter Ended March 27, 2026 / Total	For the Six Months Ended March 27, 2026 / Transportation / Solutions	For the Six Months Ended March 27, 2026 / Industrial / Solutions	For the Six Months Ended March 27, 2026 / Total
Net sales	$2,422	$2,322	$4,744	$4,889	$4,524	$9,413
Less:
Cost of sales	1,550	1,449	2,999	3,126	2,803	5,929
Selling, general, and administrative expenses	247	289	536	516	558	1,074
Research, development, and engineering expenses	121	116	237	238	224	462
Other segment items(1)	1	17	18	5	26	31
Operating income	$503	$451	$954	$1,004	$913	$1,917
Depreciation	$106	$80	$186	$231	$157	$388

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is TE Connectivity's industrial solutions — cost of goods sold?: TE Connectivity (TEL) reported industrial solutions — cost of goods sold of $1.45B in Q1 2026.
How has TE Connectivity's industrial solutions — cost of goods sold changed year-over-year?: TE Connectivity's industrial solutions — cost of goods sold increased by 23.6% year-over-year, from $1.17B to $1.45B.
What does industrial solutions — cost of goods sold mean?: The direct costs associated with producing the goods and delivering the services sold by the Industrial Solutions segment. This includes raw materials, direct labor, and manufacturing overheads.