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TE Connectivity TEL Industrial Solutions — Depreciation

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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)$2.55+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:Depreciation.

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 itemFor the Quarter Ended March 27, 2026 / Transportation / SolutionsFor the Quarter Ended March 27, 2026 / Industrial / SolutionsFor the Quarter Ended March 27, 2026 / TotalFor the Six Months Ended March 27, 2026 / Transportation / SolutionsFor the Six Months Ended March 27, 2026 / Industrial / SolutionsFor the Six Months Ended March 27, 2026 / Total
Cost of sales1,5501,4492,9993,1262,8035,929
Selling, general, and administrative expenses2472895365165581,074
Research, development, and engineering expenses121116237238224462
Other segment items(1)1171852631
Operating income$503$451$954$1,004$913$1,917
Depreciation$106$80$186$231$157$388
Amortization1839573678114
Capital expenditures75195270179349528

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is TE Connectivity's industrial solutions — depreciation?
TE Connectivity (TEL) reported industrial solutions — depreciation of $80M in Q1 2026.
How has TE Connectivity's industrial solutions — depreciation changed year-over-year?
TE Connectivity's industrial solutions — depreciation increased by 50.9% year-over-year, from $53M to $80M.
What is the long-term trend for TE Connectivity's industrial solutions — depreciation?
Over 3 years (2021 to 2024), TE Connectivity's industrial solutions — depreciation has grown at a 3.4% compound annual growth rate (CAGR), from $189M to $209M.
What does industrial solutions — depreciation mean?
This represents the systematic allocation of the cost of tangible assets, such as machinery and factory equipment, over their useful lives within the Industrial Solutions segment. It reflects the wear and tear of the physical capital required to produce industrial sensors and connectors. Tracking this helps assess the capital intensity of the segment's manufacturing footprint.

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