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Side-by-side financial comparison of Aptiv (APTV) and TE Connectivity (TEL). Click either name above to swap in a different company.
Aptiv is the larger business by last-quarter revenue ($5.1B vs $4.7B, roughly 1.1× TE Connectivity). TE Connectivity runs the higher net margin — 18.0% vs 3.8%, a 14.3% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (14.5% vs 5.4%). TE Connectivity produced more free cash flow last quarter ($680.0M vs $-362.0M). Over the past eight quarters, TE Connectivity's revenue compounded faster (9.2% CAGR vs 0.3%).
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
APTV vs TEL — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.1B | $4.7B |
| Net Profit | $191.0M | $855.0M |
| Gross Margin | 18.1% | 36.8% |
| Operating Margin | 7.4% | 20.1% |
| Net Margin | 3.8% | 18.0% |
| Revenue YoY | 5.4% | 14.5% |
| Net Profit YoY | 3.7% | 58.0% |
| EPS (diluted) | $0.88 | $2.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $5.1B | $4.7B | ||
| Q4 25 | $5.2B | $4.7B | ||
| Q3 25 | $5.2B | $4.7B | ||
| Q2 25 | $5.2B | $4.5B | ||
| Q1 25 | $4.8B | $4.1B | ||
| Q4 24 | $4.9B | $3.8B | ||
| Q3 24 | $4.9B | $4.1B | ||
| Q2 24 | $5.1B | $4.0B |
| Q1 26 | $191.0M | $855.0M | ||
| Q4 25 | $138.0M | $750.0M | ||
| Q3 25 | $-355.0M | $663.0M | ||
| Q2 25 | $393.0M | $638.0M | ||
| Q1 25 | $-11.0M | $13.0M | ||
| Q4 24 | $268.0M | $528.0M | ||
| Q3 24 | $363.0M | $276.0M | ||
| Q2 24 | $938.0M | $573.0M |
| Q1 26 | 18.1% | 36.8% | ||
| Q4 25 | 18.7% | 37.2% | ||
| Q3 25 | 19.5% | 35.0% | ||
| Q2 25 | 19.1% | 35.3% | ||
| Q1 25 | 19.1% | 35.2% | ||
| Q4 24 | 19.6% | 35.5% | ||
| Q3 24 | 18.6% | 34.0% | ||
| Q2 24 | 19.2% | 34.8% |
| Q1 26 | 7.4% | 20.1% | ||
| Q4 25 | 8.2% | 20.6% | ||
| Q3 25 | -3.4% | 19.3% | ||
| Q2 25 | 9.3% | 18.9% | ||
| Q1 25 | 9.3% | 18.1% | ||
| Q4 24 | 9.8% | 18.0% | ||
| Q3 24 | 10.4% | 16.0% | ||
| Q2 24 | 8.7% | 19.0% |
| Q1 26 | 3.8% | 18.0% | ||
| Q4 25 | 2.7% | 16.1% | ||
| Q3 25 | -6.8% | 14.0% | ||
| Q2 25 | 7.5% | 14.1% | ||
| Q1 25 | -0.2% | 0.3% | ||
| Q4 24 | 5.5% | 13.8% | ||
| Q3 24 | 7.5% | 6.8% | ||
| Q2 24 | 18.6% | 14.4% |
| Q1 26 | $0.88 | $2.90 | ||
| Q4 25 | $0.63 | $2.53 | ||
| Q3 25 | $-1.63 | $2.23 | ||
| Q2 25 | $1.80 | $2.14 | ||
| Q1 25 | $-0.05 | $0.04 | ||
| Q4 24 | $1.22 | $1.75 | ||
| Q3 24 | $1.48 | $0.96 | ||
| Q2 24 | $3.47 | $1.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.2B | $1.1B |
| Total DebtLower is stronger | $9.3B | $5.7B |
| Stockholders' EquityBook value | $9.4B | $13.2B |
| Total Assets | $25.2B | $25.7B |
| Debt / EquityLower = less leverage | 0.99× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.2B | $1.1B | ||
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $1.6B | $1.3B | ||
| Q2 25 | $1.4B | $672.0M | ||
| Q1 25 | $1.1B | $2.6B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $2.2B | $1.5B |
| Q1 26 | $9.3B | $5.7B | ||
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — |
| Q1 26 | $9.4B | $13.2B | ||
| Q4 25 | $9.2B | $13.0B | ||
| Q3 25 | $9.3B | $12.6B | ||
| Q2 25 | $9.7B | $12.4B | ||
| Q1 25 | $9.0B | $12.1B | ||
| Q4 24 | $8.8B | $12.4B | ||
| Q3 24 | $8.9B | $12.4B | ||
| Q2 24 | $11.5B | $12.6B |
| Q1 26 | $25.2B | $25.7B | ||
| Q4 25 | $23.4B | $25.6B | ||
| Q3 25 | $23.5B | $25.1B | ||
| Q2 25 | $23.9B | $24.9B | ||
| Q1 25 | $23.1B | $23.7B | ||
| Q4 24 | $23.5B | $22.4B | ||
| Q3 24 | $24.8B | $22.9B | ||
| Q2 24 | $24.8B | $22.9B |
| Q1 26 | 0.99× | 0.43× | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.4B | $947.0M |
| Free Cash FlowOCF − Capex | $-362.0M | $680.0M |
| FCF MarginFCF / Revenue | -7.1% | 14.3% |
| Capex IntensityCapex / Revenue | 4.3% | 5.7% |
| Cash ConversionOCF / Net Profit | 7.41× | 1.11× |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.4B | $947.0M | ||
| Q4 25 | $818.0M | $865.0M | ||
| Q3 25 | $584.0M | $1.4B | ||
| Q2 25 | $510.0M | $1.2B | ||
| Q1 25 | $273.0M | $653.0M | ||
| Q4 24 | $1.1B | $878.0M | ||
| Q3 24 | $499.0M | $1.0B | ||
| Q2 24 | $643.0M | $1.0B |
| Q1 26 | $-362.0M | $680.0M | ||
| Q4 25 | $651.0M | $607.0M | ||
| Q3 25 | $441.0M | $1.1B | ||
| Q2 25 | $361.0M | $957.0M | ||
| Q1 25 | $76.0M | $423.0M | ||
| Q4 24 | $894.0M | $673.0M | ||
| Q3 24 | $326.0M | $829.0M | ||
| Q2 24 | $417.0M | $857.0M |
| Q1 26 | -7.1% | 14.3% | ||
| Q4 25 | 12.6% | 13.0% | ||
| Q3 25 | 8.5% | 24.2% | ||
| Q2 25 | 6.9% | 21.1% | ||
| Q1 25 | 1.6% | 10.2% | ||
| Q4 24 | 18.2% | 17.5% | ||
| Q3 24 | 6.7% | 20.4% | ||
| Q2 24 | 8.3% | 21.5% |
| Q1 26 | 4.3% | 5.7% | ||
| Q4 25 | 3.2% | 5.5% | ||
| Q3 25 | 2.7% | 5.7% | ||
| Q2 25 | 2.9% | 5.1% | ||
| Q1 25 | 4.1% | 5.6% | ||
| Q4 24 | 3.4% | 5.3% | ||
| Q3 24 | 3.6% | 5.2% | ||
| Q2 24 | 4.5% | 3.7% |
| Q1 26 | 7.41× | 1.11× | ||
| Q4 25 | 5.93× | 1.15× | ||
| Q3 25 | — | 2.14× | ||
| Q2 25 | 1.30× | 1.86× | ||
| Q1 25 | — | 50.23× | ||
| Q4 24 | 3.96× | 1.66× | ||
| Q3 24 | 1.37× | 3.78× | ||
| Q2 24 | 0.69× | 1.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APTV
| Electrical Distribution Systems | $2.2B | 43% |
| Engineered Components | $1.7B | 33% |
| Intelligent Systems | $1.4B | 28% |
TEL
Segment breakdown not available.
