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

- Company: TE Connectivity Ltd. (TEL)
- Period: 2023-09-30 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/tel-fy2024-ytd-q3-income-statement-sankey.png

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

Income statement for 2023-09-30 through 2024-06-28. View: Segments by Industry End Market. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 11,777,000,000 US dollars
- **Cost of sales**: 7,704,000,000 US dollars
- **Gross margin**: 4,073,000,000 US dollars
- **Operating expenses (calculated)**: 1,928,000,000 US dollars
- **Operating income**: 2,145,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 5,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,140,000,000 US dollars
- **Income tax (expense) benefit**: negative 778,000,000 US dollars
- **Net income**: 2,917,000,000 US dollars
- **Communications Solutions - Appliances**: 508,000,000 US dollars
- **Communications Solutions - Data and devices**: 881,000,000 US dollars
- **Industrial Solutions - Aerospace, defense, and marine**: 977,000,000 US dollars
- **Industrial Solutions - Energy**: 665,000,000 US dollars
- **Industrial Solutions - Industrial equipment**: 1,039,000,000 US dollars
- **Industrial Solutions - Medical**: 620,000,000 US dollars
- **Transportation Solutions - Automotive**: 5,252,000,000 US dollars
- **Transportation Solutions - Commercial transportation**: 1,103,000,000 US dollars
- **Transportation Solutions - Sensors**: 732,000,000 US dollars
- **Acquisition and integration costs**: 16,000,000 US dollars
- **Research, development, and engineering expenses**: 546,000,000 US dollars
- **Restructuring and other charges, net**: 67,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,299,000,000 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-ytd-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/tel-fy2024-ytd-q3-revenue-by-business-segment-sankey.png

Income statement for 2023-09-30 through 2024-06-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 11,777,000,000 US dollars
- **Cost of sales**: 7,704,000,000 US dollars
- **Gross margin**: 4,073,000,000 US dollars
- **Operating expenses (calculated)**: 1,928,000,000 US dollars
- **Operating income**: 2,145,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 5,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,140,000,000 US dollars
- **Income tax (expense) benefit**: negative 778,000,000 US dollars
- **Net income**: 2,917,000,000 US dollars
- **Transportation Solutions**: 7,087,000,000 US dollars
- **Industrial Solutions**: 3,301,000,000 US dollars
- **Communications Solutions**: 1,389,000,000 US dollars
- **Acquisition and integration costs**: 16,000,000 US dollars
- **Research, development, and engineering expenses**: 546,000,000 US dollars
- **Restructuring and other charges, net**: 67,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,299,000,000 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 by Geography

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

Income statement for 2023-09-30 through 2024-06-28. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 11,777,000,000 US dollars
- **Cost of sales**: 7,704,000,000 US dollars
- **Gross margin**: 4,073,000,000 US dollars
- **Operating expenses (calculated)**: 1,928,000,000 US dollars
- **Operating income**: 2,145,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 5,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,140,000,000 US dollars
- **Income tax (expense) benefit**: negative 778,000,000 US dollars
- **Net income**: 2,917,000,000 US dollars
- **Communications Solutions - Total Americas**: 477,000,000 US dollars
- **Communications Solutions - Total Asia-Pacific**: 714,000,000 US dollars
- **Communications Solutions - Total Europe/Middle East/Africa**: 198,000,000 US dollars
- **Industrial Solutions - Total Americas**: 1,297,000,000 US dollars
- **Industrial Solutions - Total Asia-Pacific**: 459,000,000 US dollars
- **Industrial Solutions - Total Europe/Middle East/Africa**: 1,545,000,000 US dollars
- **Transportation Solutions - Total Americas**: 1,605,000,000 US dollars
- **Transportation Solutions - Total Asia-Pacific**: 2,796,000,000 US dollars
- **Transportation Solutions - Total Europe/Middle East/Africa**: 2,686,000,000 US dollars
- **Acquisition and integration costs**: 16,000,000 US dollars
- **Research, development, and engineering expenses**: 546,000,000 US dollars
- **Restructuring and other charges, net**: 67,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,299,000,000 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

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

Income statement for 2023-09-30 through 2024-06-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 11,777,000,000 US dollars
- **Cost of sales**: 7,704,000,000 US dollars
- **Gross margin**: 4,073,000,000 US dollars
- **Operating expenses (calculated)**: 1,928,000,000 US dollars
- **Operating income**: 2,145,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 5,000,000 US dollars
- **Income from continuing operations before income taxes**: 2,140,000,000 US dollars
- **Income tax (expense) benefit**: negative 778,000,000 US dollars
- **Net income**: 2,917,000,000 US dollars
- **Total Asia-Pacific**: 3,969,000,000 US dollars
- **Total Europe/Middle East/Africa**: 4,429,000,000 US dollars
- **Total Americas**: 3,379,000,000 US dollars
- **Acquisition and integration costs**: 16,000,000 US dollars
- **Research, development, and engineering expenses**: 546,000,000 US dollars
- **Restructuring and other charges, net**: 67,000,000 US dollars
- **Selling, general, and administrative expenses**: 1,299,000,000 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.