TE Connectivity said net sales for Q2 of fiscal 2025 increased 4.4%, and net sales for the first 6 months increased 2.3%, with Industrial Solutions increasing 17.2% and 14.1%, respectively, and Transportation Solutions declining 3.9% and 5.1%, respectively.

10-QQuarterly reportFiled Apr 28, 2025Period of report Mar 28, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

TE Connectivity said net sales for Q2 of fiscal 2025 increased 4.4%, and net sales for the first 6 months increased 2.3%, with Industrial Solutions increasing 17.2% and 14.1%, respectively, and Transportation Solutions declining 3.9% and 5.1%, respectively.
The company said organic net sales in Industrial Solutions for Q2 increased 78.0% in digital data networks and decreased 13.7% in medical, citing growth in artificial intelligence and cloud applications as a factor for the increase and reduced demand resulting from inventory corrections in the supply chain as a factor for the decrease.
TE Connectivity said it acquired Richards Manufacturing on April 1, 2025 for approximately $2.3 billion, net of cash acquired, and expects net sales of approximately $4.3 billion for Q3 of fiscal 2025 and diluted earnings per share from continuing operations of approximately $2.02.
The company said net cash provided by operating activities for the first 6 months was $1,531 million, total debt was $5,614 million as of March 28, 2025 ($4,203 million as of September 27, 2024), and it repurchased approximately four million ordinary shares for $615 million during the first 6 months.

Key figures

Quarter ended March 28, 2025

Revenue: $4.1B
Operating income: $748M
Net income: $13M
EPS: $0.04
Gross profit: $1.5B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Quarterly and 6-Month Net Sales and Segment Changes

TE Connectivity said net sales for Q2 of fiscal 2025 increased 4.4%, and net sales for the first 6 months increased 2.3%, with Industrial Solutions increasing 17.2% and 14.1%, respectively, and Transportation Solutions declining 3.9% and 5.1%, respectively.

Source · Based on the MD&A text of the filing

Industrial Solutions' Digital Data Networks and Medical

The company said organic net sales in Industrial Solutions for Q2 increased 78.0% in digital data networks and decreased 13.7% in medical, citing growth in artificial intelligence and cloud applications as a factor for the increase and reduced demand resulting from inventory corrections in the supply chain as a factor for the decrease.

Source · Based on the MD&A text of the filing

Richards Manufacturing Acquisition and Q3 Outlook

TE Connectivity said it acquired Richards Manufacturing on April 1, 2025 for approximately $2.3 billion, net of cash acquired, and expects net sales of approximately $4.3 billion for Q3 of fiscal 2025 and diluted earnings per share from continuing operations of approximately $2.02.

Source · Based on the MD&A text of the filing

Operating Cash Flow, Total Debt, and Share Repurchases

The company said net cash provided by operating activities for the first 6 months was $1,531 million, total debt was $5,614 million as of March 28, 2025 ($4,203 million as of September 27, 2024), and it repurchased approximately four million ordinary shares for $615 million during the first 6 months.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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