TE Connectivity Ltd
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of TE Connectivity Ltd (TEL). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Transportation Solutions | GZQ6.85B 56.2% | GZQ8.97B 60.1% · +31.1% | GZQ9.22B 56.6% · +2.7% | GZQ9.68B 60.3% · +4.9% | GZQ9.48B 59.8% · -2.0% | GZQ9.39B 54.4% · -1.0% |
| Industrial Solutions | GZQ3.71B 30.5% | GZQ3.84B 25.8% · +3.5% | GZQ4.49B 27.6% · +16.8% | GZQ6.36B 39.7% · +41.6% | GZQ6.36B 40.2% · +0.1% | GZQ7.87B 45.6% · +23.7% |
| Communications Solutions | GZQ1.61B 13.3% | GZQ2.11B 14.1% · +30.4% | GZQ2.57B 15.8% · +22.2% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Transportation Solutions | -GZQ93.0M -1.4% | GZQ1.53B 17.0% | GZQ1.53B 16.6% | GZQ1.49B 15.4% | GZQ1.88B 19.8% | GZQ1.82B 19.4% |
| Industrial Solutions | GZQ412.0M 11.1% | GZQ469.0M 12.2% | GZQ607.0M 13.5% | GZQ817.0M 12.8% | GZQ916.0M 14.4% | GZQ1.39B 17.7% |
| Communications Solutions | GZQ218.0M 13.5% | GZQ439.0M 20.9% | GZQ615.0M 23.9% | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 13, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.