# TE CONNECTIVITY PLC (TEL) FY2024 Annual P&L / Income Statement

- Company: TE CONNECTIVITY PLC (TEL)
- Period: 2023-09-30 to 2024-09-27
- Filing: FY2024 10-K, filed 2024-11-12, accession number 0001558370-24-015227
- Page: https://plicit.ai/financials/tel/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/tel-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Business Segment by Industry End Market

Income statement for 2023-09-30 through 2024-09-27. View: Segments by Industry End Market. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 15,845,000,000 US dollars
- **Cost of sales**: 10,389,000,000 US dollars
- **Gross margin**: 5,456,000,000 US dollars
- **Operating expenses (calculated)**: 2,660,000,000 US dollars
- **Operating income**: 2,796,000,000 US dollars
- **Other income (expense), net (calculated)**: 1,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,797,000,000 US dollars
- **Income tax (expense) benefit**: negative 397,000,000 US dollars
- **Net income**: 3,193,000,000 US dollars
- **Communications Solutions - Appliances**: 692,000,000 US dollars
- **Communications Solutions - Data and devices**: 1,274,000,000 US dollars
- **Industrial Solutions - Aerospace, defense, and marine**: 1,344,000,000 US dollars
- **Industrial Solutions - Energy**: 919,000,000 US dollars
- **Industrial Solutions - Industrial equipment**: 1,385,000,000 US dollars
- **Industrial Solutions - Medical**: 833,000,000 US dollars
- **Transportation Solutions - Automotive**: 6,956,000,000 US dollars
- **Transportation Solutions - Commercial transportation**: 1,456,000,000 US dollars
- **Transportation Solutions - Sensors**: 986,000,000 US dollars
- **Acquisition and integration costs**: 21,000,000 US dollars
- **Research, development, and engineering expenses**: 741,000,000 US dollars
- **Restructuring and other charges, net**: 166,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,732,000,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 1,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography (7 categories)

- Page: https://plicit.ai/financials/tel/fy2024-annual-income-statement/revenue-by-geography-7-categories
- Chart image: https://plicit.ai/charts/tel-fy2024-annual-revenue-by-geography-7-categories-sankey.png

Income statement for 2023-09-30 through 2024-09-27. View: Geography (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 15,845,000,000 US dollars
- **Cost of sales**: 10,389,000,000 US dollars
- **Gross margin**: 5,456,000,000 US dollars
- **Operating expenses (calculated)**: 2,660,000,000 US dollars
- **Operating income**: 2,796,000,000 US dollars
- **Other income (expense), net (calculated)**: 1,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,797,000,000 US dollars
- **Income tax (expense) benefit**: negative 397,000,000 US dollars
- **Net income**: 3,193,000,000 US dollars
- **CHINA**: 3,571,000,000 US dollars
- **Other Asia-Pacific**: 1,796,000,000 US dollars
- **SWITZERLAND**: 3,906,000,000 US dollars
- **GERMANY**: 236,000,000 US dollars
- **Other Europe/Middle East/Africa**: 1,757,000,000 US dollars
- **UNITED STATES**: 4,020,000,000 US dollars
- **Other Americas**: 559,000,000 US dollars
- **Acquisition and integration costs**: 21,000,000 US dollars
- **Research, development, and engineering expenses**: 741,000,000 US dollars
- **Restructuring and other charges, net**: 166,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,732,000,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 1,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/tel/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/tel-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-09-30 through 2024-09-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 15,845,000,000 US dollars
- **Cost of sales**: 10,389,000,000 US dollars
- **Gross margin**: 5,456,000,000 US dollars
- **Operating expenses (calculated)**: 2,660,000,000 US dollars
- **Operating income**: 2,796,000,000 US dollars
- **Other income (expense), net (calculated)**: 1,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,797,000,000 US dollars
- **Income tax (expense) benefit**: negative 397,000,000 US dollars
- **Net income**: 3,193,000,000 US dollars
- **Transportation Solutions**: 9,398,000,000 US dollars
- **Industrial Solutions**: 4,481,000,000 US dollars
- **Communications Solutions**: 1,966,000,000 US dollars
- **Acquisition and integration costs**: 21,000,000 US dollars
- **Research, development, and engineering expenses**: 741,000,000 US dollars
- **Restructuring and other charges, net**: 166,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,732,000,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 1,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Geography (3 categories)

- Page: https://plicit.ai/financials/tel/fy2024-annual-income-statement/revenue-by-geography-3-categories
- Chart image: https://plicit.ai/charts/tel-fy2024-annual-revenue-by-geography-3-categories-sankey.png

Income statement for 2023-09-30 through 2024-09-27. View: Geography (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 15,845,000,000 US dollars
- **Cost of sales**: 10,389,000,000 US dollars
- **Gross margin**: 5,456,000,000 US dollars
- **Operating expenses (calculated)**: 2,660,000,000 US dollars
- **Operating income**: 2,796,000,000 US dollars
- **Other income (expense), net (calculated)**: 1,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,797,000,000 US dollars
- **Income tax (expense) benefit**: negative 397,000,000 US dollars
- **Net income**: 3,193,000,000 US dollars
- **Total Europe/Middle East/Africa**: 5,899,000,000 US dollars
- **Total Asia-Pacific**: 5,367,000,000 US dollars
- **Total Americas**: 4,579,000,000 US dollars
- **Acquisition and integration costs**: 21,000,000 US dollars
- **Research, development, and engineering expenses**: 741,000,000 US dollars
- **Restructuring and other charges, net**: 166,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,732,000,000 US dollars
- **Income (loss) from discontinued operations, net of income taxes**: negative 1,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.