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Net Income for TE Connectivity (TEL)

According to TE Connectivity's latest reported financial statements, the company's current net income (TTM) is $2.91B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

TTM (last 4 quarters)

$2.91B

YoY change

-42.3%

5Y CAGR

N/A

Peak year (2024)

$3.19B

Cumulative net income

$23.37B

Net Income history chart for TE Connectivity (TEL) from 2002 to 2025

Net Income history table for TE Connectivity (TEL) from 2002 to 2025

Fiscal yearPeriod endedReportedNet IncomeYoY
2025$1.84B-42.3%
2024$3.19B+67.2%
2023$1.91B-21.3%
2022$2.43B+7.4%
2021$2.26B-1038.2%
2020-$241.00M-112.5%
2019$1.93B-24.8%
2018$2.57B+52.8%
2017$1.68B-15.2%
2016$1.98B+50.6%
2015$1.31B-26.2%
2014$1.78B+39.1%
2013$1.28B+15.8%
2012$1.10B-11.5%
2011$1.25B+13.1%
2010$1.10B-133.2%
2009-$3.32B-318.9%
2008$1.52B-353.1%
2007-$599.00M-152.7%
2006$1.14B+0.4%
2005$1.13B+43.2%
2004$791.00M-446.9%
2003-$228.00M-94.9%
2002-$4.44B

Net Income values are taken from TE Connectivity's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

TE Connectivity (TEL) most recent annual net income stands at $1.84B (2025) – plunged 42.3% year-over-year.

Through 2015–2025 (10 years), TE Connectivity net income delivered a +3.4% annualised rate; with the latest reading among the more recent periods of the dataset.

Between 2024 and 2025, TE Connectivity net income plunged 42.3%, falling from $3.19B to $1.84B.

Across the available history, net income reached its high of $3.19B in 2024 and its low of -$4.44B in 2002.

Within Technology, TE Connectivity (TEL) ranks 9th among 8 peers we track. The peer median for net income is $62.48B.

TE Connectivity Net Income by Year

TE Connectivity Net Income 2025: $1.84B

TE Connectivity net income in 2025 was $1.84B, plunged 42.3% below 2024.

TE Connectivity Net Income 2024: $3.19B

TE Connectivity net income in 2024 was $3.19B, surged 67.2% from 2023. This figure represents the highest annual value in the available history.

TE Connectivity Net Income 2023: $1.91B

TE Connectivity net income in 2023 was $1.91B, declined 21.3% below 2022.

TE Connectivity Net Income 2022: $2.43B

TE Connectivity net income in 2022 was $2.43B, grew 7.4% from 2021.

TE Connectivity Net Income 2021: $2.26B

TE Connectivity net income in 2021 was $2.26B.

See more financial history for TE Connectivity (TEL).

Sector peers — Net Income

Companies in the same sector as TE Connectivity, ranked by their latest net income.

CompanyNet IncomeSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$1.74TTechnology
NVIDIA Corporation (NVDA)$120.07BTechnology
Apple Inc. (AAPL)$112.01BTechnology
Microsoft Corporation (MSFT)$101.83BTechnology
Broadcom Inc. (AVGO)$23.13BTechnology
ASML Holding N.V. (ASML)$9.61BTechnology
Micron Technology, Inc. (MU)$8.54BTechnology
Advanced Micro Devices, Inc. (AMD)$4.33BTechnology

Frequently asked questions

What is TE Connectivity's net income?

Latest reported net income for TE Connectivity (TEL) is $2.91B (period ending March 27, 2026).

How has TE Connectivity net income changed year-over-year?

TE Connectivity (TEL) net income changed -42.3% year-over-year on the latest annual filing.

What is the long-term growth rate of TE Connectivity net income?

TE Connectivity (TEL) net income compound annual growth rate is +3.4% over the most recent 10 years available.

When did TE Connectivity net income hit its highest annual value?

TE Connectivity net income reached its highest annual value of $3.19B in 2024.

What was TE Connectivity net income in 2024?

TE Connectivity (TEL) net income in 2024 was $3.19B.

What was TE Connectivity net income in 2025?

TE Connectivity (TEL) net income in 2025 was $1.84B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.