Filing Flows › TE Connectivity (TEL) › Q3 FY25
TE Connectivity (TEL) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jul 25, 2025
TE Connectivity (TEL) reported revenue of $4.5B for the third quarter fiscal 2025 (Q3 FY25), +14% from a year earlier and +9% from the quarter before. Operating margin was 18.9%, net earnings $638M (14.1% of revenue).
TE Connectivity, Q3 FY25: revenue $4.5B (+14% year over year), operating margin 18.9%, net earnings $638M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | +9% | +14% |
| Gross profit | $1.6B | +10% | +15% |
| Operating profit | $857M | +15% | +14% |
| Net earnings | $638M | 49× | +11% |
| Operating cash flow | $1.2B | +82% | +18% |
| Free cash flow | $962M | — | +11% |
What changed
Revenue was $4.5B in Q3 FY25, up 14% year over year and up 9% from the previous quarter. Transportation Solutions was the largest line at 53% of revenue. Industrial Solutions added $0.49B year over year (up 30%), 88% of the total change.
Gross margin was 35.3%, up 0.5 points from a year earlier. Operating profit was $0.86B, a 18.9% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, below the 19% margin then. Operating expenses grew 18% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were $0.64B, up 11% year over year. The effective tax rate was 24.6%.
Operating cash flow was $1.2B (up 18% year over year), 186% of net earnings. Non-cash charges added back $0.22B of depreciation and amortization and $0.04B of share-based compensation. Working capital and other items added $0.30B. After capital expenditures, net ($0.23B), free cash flow as the company reports it was $1.0B.
Questions
What was TE Connectivity's revenue in the third quarter fiscal 2025?
TE Connectivity (TEL) reported revenue of $4.5B for the third quarter fiscal 2025 (Q3 FY25), +14% from a year earlier and +9% from the quarter before.
Was TE Connectivity profitable in the third quarter fiscal 2025?
Operating profit was $857M (18.9% of revenue) and net earnings $638M.
Source: TE Connectivity 10-Q on SEC EDGAR.