TE Connectivity Reports Record Fiscal 2026 Results Driven by AI Infrastructure and Industrial Demand
TE Connectivity (TEL) delivered a record-breaking fiscal 2026, reporting full-year sales of $19.9 billion, representing 12% organic growth. The fourth quarter was highlighted by strong performance in the Digital Data Networks segment, which saw 70% annual order growth fueled by hyperscale investments in artificial intelligence infrastructure. Net sales for Q4 reached $5.3 billion with a 13% organic increase, while adjusted EPS grew 21% year-over-year to $3.14. The company maintains a strong outlook for fiscal 2027, projecting over $1 billion in revenue growth for the Digital Data Networks segment alone. Despite facing inflationary pressures in resins, metals, and freight, TE Connectivity's robust backlog of $8 billion and expansion into high-growth areas like humanoid robotics and electric vehicle connectivity position it for continued momentum. Management provided optimistic Q1 2027 guidance with projected revenue of $5.35 billion.
Topics: AI infrastructure earnings report free cash flow organic sales revenue growth
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