TEL · 10-K · 2026A · Full report

Operating Expense Trends

TE Connectivity plc · 2026-11-09 · Importance 54 · Surprise 40

Selling, general, and administrative expenses increased $258 million to $2,124 million in fiscal 2026 from $1,866 million in fiscal 2025, a rise of approximately 13.8%. SG&A equaled 10.7% of net sales, down from 10.8% in fiscal 2025. The increase primarily reflected higher selling expenses supporting increased sales, with additional effects from foreign currency translation, higher incentive compensation, and the prior-year release of trade-compliance reserves.

Key facts

• TE Connectivity plc’s fiscal 2026 selling, general, and administrative expenses increased $258 million compared with fiscal 2025, primarily due to increased selling expenses supporting higher sales, and also foreign currency translation, higher incentive compensation costs, and the fiscal 2025 release of trade-compliance reserves. source
• TE Connectivity plc’s interest expense increased $47 million in fiscal 2026 compared with fiscal 2025, primarily due to higher average debt levels and cost of debt. source