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

- Company: TE Connectivity Ltd. (TEL)
- Period: 2024-03-30 to 2024-06-28
- Filing: Q3 FY2024 10-Q, filed 2024-07-29, accession number 0001558370-24-010267
- Page: https://plicit.ai/financials/tel/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/tel-fy2024-q3-income-statement-sankey.png

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

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/tel/fy2024-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/tel-fy2024-q3-revenue-by-business-segment-sankey.png

Income statement for 2024-03-30 through 2024-06-28. View: Business segment. 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
- **Transportation Solutions**: 2,330,000,000 US dollars
- **Industrial Solutions**: 1,133,000,000 US dollars
- **Communications Solutions**: 516,000,000 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.

## Chart details: Revenue by Business Segment by Geography

- Page: https://plicit.ai/financials/tel/fy2024-q3-income-statement/revenue-by-business-segment-by-geography
- Chart image: https://plicit.ai/charts/tel-fy2024-q3-revenue-by-business-segment-by-geography-sankey.png

Income statement for 2024-03-30 through 2024-06-28. View: Segments by Geographical. 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 - Total Americas**: 171,000,000 US dollars
- **Communications Solutions - Total Asia-Pacific**: 277,000,000 US dollars
- **Communications Solutions - Total Europe/Middle East/Africa**: 68,000,000 US dollars
- **Industrial Solutions - Total Americas**: 447,000,000 US dollars
- **Industrial Solutions - Total Asia-Pacific**: 158,000,000 US dollars
- **Industrial Solutions - Total Europe/Middle East/Africa**: 528,000,000 US dollars
- **Transportation Solutions - Total Americas**: 562,000,000 US dollars
- **Transportation Solutions - Total Asia-Pacific**: 898,000,000 US dollars
- **Transportation Solutions - Total Europe/Middle East/Africa**: 870,000,000 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/tel/fy2024-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/tel-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2024-03-30 through 2024-06-28. View: Geography. 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
- **Total Asia-Pacific**: 1,333,000,000 US dollars
- **Total Europe/Middle East/Africa**: 1,466,000,000 US dollars
- **Total Americas**: 1,180,000,000 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.