TE Connectivity Ltd. (TEL) FY2024 Q3 P&L / Income Statement

TE Connectivity Ltd. (TEL) FY2024 Q3 P&L / Income Statement

Income statement for 2024-03-30 through 2024-06-28. View: Segments by Industry End Market. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales

3,979,000,000 US dollars

Cost of sales

2,593,000,000 US dollars

Gross margin

1,386,000,000 US dollars

Operating expenses (calculated)

631,000,000 US dollars

Operating income

755,000,000 US dollars

Other income (expense), net (calculated)

negative 1,000,000 US dollars

Income from continuing operations before income taxes

754,000,000 US dollars

Income tax (expense) benefit

181,000,000 US dollars

Net income

573,000,000 US dollars

Communications Solutions - Appliances

187,000,000 US dollars

Communications Solutions - Data and devices

329,000,000 US dollars

Industrial Solutions - Aerospace, defense, and marine

345,000,000 US dollars

Industrial Solutions - Energy

226,000,000 US dollars

Industrial Solutions - Industrial equipment

353,000,000 US dollars

Industrial Solutions - Medical

209,000,000 US dollars

Transportation Solutions - Automotive

1,727,000,000 US dollars

Transportation Solutions - Commercial transportation

363,000,000 US dollars

Transportation Solutions - Sensors

240,000,000 US dollars

Acquisition and integration costs

5,000,000 US dollars

Research, development, and engineering expenses

189,000,000 US dollars

Restructuring and other charges, net

6,000,000 US dollars

Selling, general, and administrative expenses

431,000,000 US dollars

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 equals net income.