Delivered strong full-year performance with sales growth of 15% and more than 20% EPS growth

Expects double digit sales growth in fiscal 2027

GALWAY, Ireland, Oct. 28, 2026 /PRNewswire/ — TE Connectivity plc (NYSE: TEL) today reported results for the fiscal fourth quarter and fiscal year ended September 25, 2026.

Fourth Quarter Highlights

Net sales were a record $5.3 billion, an increase of 12% on a reported basis and 13% organically year over year, driven by strong growth in both the Industrial and Transportation segments.Orders of $6.1 billion, an increase of 29% year over year and 6% sequentially.GAAP diluted earnings per share (EPS) from continuing operations was $3.10, up 39% year over year. Adjusted EPS was $3.14, an increase of 21% year over year.GAAP Operating margin was 21% and adjusted operating margin was 22%, driven by strong operational performance across both segments.Cash flow from operating activities was $1.5 billion and free cash flow was $1.2 billion, with approximately $800 million returned to shareholders.

Full Year Highlights

Company delivered full-year records for sales, orders, operating margin, EPS and cash generation.Net sales were $19.9 billion, up 15% on a reported basis and 12% organically, with broad growth across the portfolio due to customer needs for increased data and power connectivity.Orders of $22.2 billion, up 27%, supporting expected double-digit sales growth in fiscal 2027.GAAP operating margin was 20% and adjusted operating margin was 22%, driven by strong operational performance.GAAP EPS was $11.07, an increase of 80%, and adjusted EPS was $11.52, up 24%Cash flow from operating activities was $4.5 billion and free cash flow was $3.4 billion.Returned approximately $2.8 billion to shareholders and committed $1.6 billion for bolt-on acquisitions in the Industrial segment to broaden the optics and power filtering portfolios.

“Our teams delivered a strong fourth quarter to finish a year in which we set records in sales, earnings and cash generation,” said CEO Terrence Curtin. “Our growth is supported by our strategic positioning of TE around accelerating data and power trends that are driving customer demand for connectivity innovations that are essential to next generation architectures. In our Industrial Solutions segment, which grew 26% in 2026, we continue to benefit from our customers’ AI investments, which create opportunities extending from inside the rack in the data center to the networking edge all the way to the energy grid.   

“Entering fiscal 2027, we expect that the strong momentum from 2026 will continue as we are well positioned to keep capitalizing on growth drivers and deliver value for our shareholders. With strong orders across our businesses, we expect first quarter sales to be up mid-teens and to deliver more than 20 percent EPS growth year over year. For the full fiscal year, we expect to deliver organic sales growth that is similar to our strong performance in fiscal 2026.”

First Quarter FY27 Outlook
For the first quarter of fiscal 2027, the company expects sales of approximately $5.35 billion, up 15% on a reported and organic basis year over year. GAAP EPS from continuing operations is expected to be approximately $3.04, an increase of 20% year over year, with adjusted EPS of approximately $3.30, up 21% year over year.

Information about TE Connectivity’s use of non-GAAP financial measures is provided below. For reconciliations of these non-GAAP financial measures, see the attached tables.

Conference Call and Webcast
The company will hold a conference call for investors today beginning at 8:30 a.m. ET. The conference call may be accessed in the following ways:

At TE Connectivity’s website: investors.te.comBy telephone: For both “listen-only” participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (833) 461-5787 and for international callers, the dial-in number is (585) 542-9983; meeting ID: 968971220.A replay of the conference call will be available on TE Connectivity’s investor website at investors.te.com at 11:30 a.m. ET on October 28.

About TE Connectivity 
TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. Our more than 100,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Instagram. 

Non-GAAP Financial Measures
We present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP financial measures provide supplemental information and should not be considered replacements for results in accordance with GAAP. Management uses non-GAAP financial measures internally for planning and forecasting purposes and in its decision-making processes related to the operations of our company. We believe these measures provide meaningful information to us and investors because they enhance the understanding of our operating performance, ability to generate cash, and the trends of our business. Additionally, we believe that investors benefit from having access to the same financial measures that management uses in evaluating our operations. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using these non-GAAP financial measures in combination with the most directly comparable GAAP financial measures in order to better understand the amounts, character, and impact of any increase or decrease in reported amounts. These non-GAAP financial measures may not be comparable to similarly-titled measures reported by other companies.

The following provides additional information regarding our non-GAAP financial measures:

Organic Net Sales Growth (Decline) – represents net sales growth (decline) (the most comparable GAAP financial measure) excluding the impact of foreign currency exchange rates and acquisitions and divestitures that occurred in the preceding twelve months, if any. Organic Net Sales Growth (Decline) is a useful measure of our performance because it excludes items that are not completely under management’s control, such as the impact of changes in foreign currency exchange rates, and items that do not reflect the underlying growth of the company, such as acquisition and divestiture activity. This measure is a significant component in our incentive compensation plans.

Adjusted Operating Income and Adjusted Operating Margin – represent operating income and operating margin, respectively, (the most comparable GAAP financial measures) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, and other income or charges, if any. We utilize these adjusted measures in combination with operating income and operating margin to assess segment level operating performance and to provide insight to management in evaluating segment operating plan execution and market conditions. Adjusted Operating Income is a significant component in our incentive compensation plans.

Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any.

Adjusted Income from Continuing Operations – represents income from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects.

Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects. This measure is a significant component in our incentive compensation plans.

Free Cash Flow (FCF) – is a useful measure of our ability to generate cash. The difference between net cash provided by operating activities (the most comparable GAAP financial measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP financial measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including cash paid (collected) pursuant to collateral requirements related to cross-currency swap contracts, are also excluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management’s and the Board of Directors’ discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP financial measure indicates. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow.

Forward-Looking Statements
This release contains certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words “anticipate,” “believe,” “expect,” “estimate,” “plan,” and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this release include statements addressing our future financial condition and operating results. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, the extent, severity and duration of business interruptions negatively affecting our business operations; business, economic, competitive and regulatory risks, such as conditions affecting demand for products in the automotive and other industries we serve; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate, including continuing military conflict in certain parts of the world; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in tax laws, tax treaties and other legislation. More detailed information about these and other factors is set forth in TE Connectivity plc’s Annual Report on Form 10-K for the fiscal year ended Sept 26, 2025, as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission.

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SOURCE TE Connectivity plc

Integration will enable Securitize to support future tokenized financial products on the Stellar network, expanding blockchain options for institutional asset managers

MIAMI, Oct. 28, 2026 /PRNewswire/ — Securitize, Inc. (NYSE: SECZ), the leading platform for tokenized assets, today announced plans to integrate with the Stellar network, expanding the blockchain infrastructure available to institutional asset managers seeking to bring traditional financial products onchain.

The integration will enable Securitize to support the issuance and management of tokenized financial assets on the Stellar network, a blockchain network designed for efficient financial transactions and asset transfers. The announcement was made in conjunction with Meridian 2026, the Stellar Development Foundation’s annual conference in Lisbon, Portugal.

The planned integration reflects Securitize’s continued commitment to providing institutional asset managers with flexible blockchain infrastructure while maintaining the regulatory and operational standards required for traditional financial products.

“The Stellar network has built the fourth-largest ecosystem1 for tokenized real-world assets, which speaks to the strength of its network and the growing institutional demand for tokenization,” said Carlos Domingo, Co-Founder and CEO of Securitize. “We’re excited to integrate with the Stellar network and bring Securitize’s regulated infrastructure to an ecosystem that is already helping drive the adoption of tokenized financial products.”

The Stellar network has an established ecosystem for tokenized financial assets, with network capabilities supporting asset issuance, fast settlement and features designed to support regulated use cases. The integration is intended to broaden the range of blockchain networks Securitize can support as institutional adoption of tokenization continues to develop.

“Securitize has helped establish tokenization as a practical solution for major financial institutions,” said Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation. “We’re excited to work together to expand the infrastructure available to asset managers and support the next generation of tokenized financial products on Stellar.”

Securitize works with leading global asset managers to bring traditional financial products onchain, supported by its regulated financial infrastructure and tokenization technology. The planned Stellar network integration further extends the company’s multichain approach, giving institutional partners greater flexibility in selecting blockchain networks that meet their operational and distribution needs.

Additional details about assets supported through the integration will be announced as they become available.

About the Stellar Network
The Stellar network is a decentralized, fast, and scalable blockchain built for financial products and services. It enables smart contracts and supports issuing, managing, and moving real-world regulated assets at institutional scale.

Assets can be fully decentralized or configured for KYC, clawbacks, and sanctions compliance. Franklin Templeton runs a tokenized money market fund on Stellar, and MoneyGram moves money across it daily.

Open means no vendor lock-in. Configurable means enterprise-ready. The Stellar network has been servicing payments and financial use cases since 2014.

About Securitize
Securitize (NYSE: SECZ), the leading platform for tokenized assets with approximately $5B in tokenized securities on its platform as of September 30, 2026, is bringing the world onchain through tokenized assets, working with top-tier asset managers such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, VanEck and others. It is the only company operating regulated digital-securities infrastructure in both the U.S. and EU, and has been named to the Forbes 2026 Fintech 50 and CNBC World’s Top Fintech Companies 2026 lists.

For more information, please visit:
Website | X/Twitter | LinkedIn

Contacts

Tom Murphy
press@securitize.io

Sam Ross
investor.relations@securitize.io

Source: Securitize (NYSE: SECZ) (XNYS:SECZ)

Disclosures
Securitize’s regulated services are provided through its subsidiaries, including Securitize Markets, LLC, a, SEC-registered broker-dealer; Securitize Transfer Agent, LLC, an SEC-registered transfer agent; Securitize Capital LLC, an SEC-registered investment adviser; and Securitize Europe Brokerage and Markets, S.V., S.A., a Spanish investment firm authorized, registered and supervised by the Spanish National Securities Market Commission.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about Securitize’s planned integration with the Stellar network and its anticipated timing and benefits. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including that the integration may be delayed, changed or not completed; risks relating to the Stellar network and other third-party blockchain networks; demand for tokenized products; changes in regulation; and the risks described under “Risk Factors” in Securitize’s filings with the SEC. Securitize undertakes no obligation to update these statements, except as required by law.

1 Based on distributed tokenized real-world asset value reported by rwa.xyz as of October 22, 2026. Rankings and values are subject to change.

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SOURCE Securitize

Exotec research traces “robot regret” to three decisions buyers make before the contract is signed: cost, accountability and readiness

ATLANTA, Oct. 28, 2026 /PRNewswire/ — Exotec, a global warehouse robotics provider, today released Avoid Robot Regret: What Separates Automation That Delivers from Automation That Disappoints, based on a survey of 250 supply chain decision-makers across the United States and Canada. The findings reveal a gap between what buyers expect from automation and what they get, with one in four supply chain leaders saying they wish they had gone a different way. However, once they made the decision, 94% said switching providers would be prohibitively expensive, leaving most buyers with the system they chose for the next 10 to 15 years.

Larger budgets and bigger teams don’t prevent the problem. Companies with over $1 billion in revenue were more likely to say their most significant automation investment underperformed compared to those with less than $1 billion in revenue (21% vs. 13%). Across the survey, regret traced back to three decisions made before implementation: underestimating lifetime ownership cost, leaving accountability for issue resolution unclear, and implementing automation before the operation was ready.

Lifetime cost. Sixty-five percent of leaders say total cost of ownership came in higher than expected. Seventy percent say undisclosed costs have raised their annual maintenance spend. Among respondents whose systems underperformed, 43% said total costs ran 26% to 100% above expectations.

Clear accountability for performance. Sixty percent of respondents had a system designed by more than one company, and one in seven say they haven’t seen the benefits of automation because no vendor takes full responsibility for performance. Buyers who worked directly with the equipment manufacturer rated the speed of root-cause identification higher than other buyers (75% vs. 69%).

Timing. More than a quarter (27%) say their operation wasn’t ready when they invested. Early adopters with dedicated automation teams and leadership oversight rarely regretted their choice: 1% say they picked the wrong vendor, compared with 11% of fast followers.

“What we heard from supply chain leaders is that regret is rarely about the technology itself,” said Romain Moulin, CEO and co-founder of Exotec. “It starts when a system built by several vendors stops working as one, and the customer is left figuring out who is responsible for the fix. The operations that get the most from their automation are the ones where a single partner owns the whole system performance, from design through the years it runs.”

Buyers who chose low-cost providers report regret most often. They were nearly five times as likely to say they picked the wrong vendor (24% vs. 5% of other buyers), and only 52% rated root-cause identification as fast, compared with 74% of other buyers. Across all respondents, 59% say low-cost providers hide costs and common complications upfront, and 22% say their vendor didn’t deliver what it promised during the sales process.

Additional findings from the report

Automation is now table stakes. 91% of supply chain leaders say automation is now a basic requirement, and 86% of those who have automated say they head into peak season more confident than before.AI use is near-universal, maturity is not. 99% of organizations use AI in some form, but 24% are still in the pilot phase.Humanoids trail purpose-built robots on expected ROI. Most respondents (77%) trust purpose-built fulfillment automation to deliver better ROI than humanoids in the next five years, though 48% say they’re optimistic about implementing humanoids.

Exotec conducted this research using an online survey prepared by Method Research and distributed by RepData among n=250 supply chain decision-makers working full-time in North America (Canada and United States) who oversee and have influence over automation solutions in their warehouses and organizations. Data was collected August 17 to 31, 2026.

To read the full report, click here.

About Exotec

Exotec is a global warehouse automation leader delivering flexible, reliable end-to-end robotic solutions for modern fulfillment operations. By designing and manufacturing its own technology and solutions, Exotec serves as a single automation provider, reducing complexity and risk while accelerating time to value compared to traditional systems. Over 75 industry-leading brands including Oxford Industries (Tommy Bahama, Lilly Pulitzer), Carrefour, Decathlon, and UNIQLO trust Exotec to improve operations across 200+ sites worldwide.

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SOURCE Exotec