TE Connectivity (TEL) Research & Development (2009 - 2026)
TE Connectivity's Research & Development was $230 million in fiscal Q3 2026 (quarter ended Jun 26, 2026), up 9.0% from $211 million a year earlier but down 3.0% from the prior quarter.
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Analysis
TE Connectivity (TEL) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, TE Connectivity's Research & Development was $919 million through Jun 26, 2026, up 15.3% year-over-year; for FY2025 (ended Sep 26, 2025), it came in at $829 million, up 11.9% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 6.2% (FY2020 to FY2025).
- In earlier fiscal years, Research & Development was $741 million in FY2024 (+4.7%), $708 million in FY2023 (-1.4%), $718 million in FY2022 (+6.1%) and $677 million in FY2021 (+10.4%).
- Quarterly Research & Development has moved between $173 million (fiscal Q4 2021) and $237 million (fiscal Q2 2026) over five years.
- Compared with a year earlier, Research & Development has increased for nine straight quarters, with growth averaging 13.1% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q1 2026 (growth of 19.7%); the worst was fiscal Q4 2023 (a decline of 2.8%).
- Per Business Quant data, TEL's Research & Development in the three fiscal quarters before Q3 2026 was $237 million (Q2 2026), $225 million (Q1 2026) and $227 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | - |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | TE Connectivity | 62.17 Bn | 57.46 Bn | 1.84 Bn | 230.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 230.00 Mn |
| Mar 27, 2026 | 237.00 Mn |
| Dec 26, 2025 | 225.00 Mn |
| Sep 26, 2025 | 227.00 Mn |
| Jun 27, 2025 | 211.00 Mn |
| Mar 28, 2025 | 203.00 Mn |
| Dec 27, 2024 | 188.00 Mn |
| Sep 27, 2024 | 195.00 Mn |
| Jun 28, 2024 | 189.00 Mn |
| Mar 29, 2024 | 184.00 Mn |
| Dec 29, 2023 | 173.00 Mn |
| Sep 29, 2023 | 174.00 Mn |
| Jun 30, 2023 | 176.00 Mn |
| Mar 31, 2023 | 185.00 Mn |
| Dec 30, 2022 | 173.00 Mn |
| Sep 30, 2022 | 179.00 Mn |
| Jun 24, 2022 | 179.00 Mn |
| Mar 25, 2022 | 185.00 Mn |
| Dec 24, 2021 | 175.00 Mn |
| Sep 24, 2021 | 173.00 Mn |
API Access
TE Connectivity Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();