TE Connectivity(US:TEL)2026-01-21 13:30Q1 2026 Performance Highlights - Sales reached $4.7 billion, a 22% increase reported and a 15% increase on an organic basis year-over-year[7] - Orders hit a record $5.1 billion, up 28% year-over-year and 9% sequentially, resulting in a book-to-bill ratio of 1.1[7] - Adjusted operating margins expanded by 180 basis points year-over-year to 22%, driven by strong operational performance[7] - Adjusted EPS increased by 33% year-over-year to $2.72[7] - Strong free cash flow generation of $608 million, with approximately 100% returned to shareholders[7] Q2 2026 Guidance - Expect sales of approximately $4.7 billion, representing a 13% increase reported and a 6% increase organically year-over-year[7] - Adjusted EPS is projected to be around $2.65, a 20% increase year-over-year[7] Segment Performance - Industrial Solutions (Q1 2026) - Sales were $2.202 billion, up 38% reported and 26% organically[13] - Adjusted operating margin expanded by 520 basis points to 23.3%[13] - Digital Data Networks (DDN) sales increased by 71% reported and 70% organically[15] Segment Performance - Transportation Solutions (Q1 2026) - Sales were $2.467 billion, up 10% reported and 7% organically[18] - Adjusted operating margin was 21.2%[18] - Automotive sales increased by 10% reported and 7% organically[18]