Earnings summaries and quarterly performance for TELEDYNE TECHNOLOGIES.
Executive leadership at TELEDYNE TECHNOLOGIES.
Edwin Roks
Chief Executive Officer
Cynthia Belak
Senior Vice President and Controller
George C. Bobb III
President and Chief Operating Officer
Jason VanWees
Vice Chairman
Melanie S. Cibik
Executive Vice President, General Counsel, Chief Compliance Officer and Secretary
Robert Mehrabian
Executive Chairman
Stephen F. Blackwood
Executive Vice President and Chief Financial Officer
Board of directors at TELEDYNE TECHNOLOGIES.
Denise R. Singleton
Director
Jane C. Sherburne
Director
Kenneth C. Dahlberg
Director
Michael T. Smith
Lead Independent Director
Michelle A. Kumbier
Director
Robert A. Malone
Director
Simon M. Lorne
Director
Vincent J. Morales
Director
Wesley W. von Schack
Director
Research analysts who have asked questions during TELEDYNE TECHNOLOGIES earnings calls.
Joseph Giordano
TD Cowen
10 questions for TDY
Andrew Buscaglia
BNP Paribas
9 questions for TDY
Greg Konrad
Jefferies Financial Group Inc.
8 questions for TDY
James Ricchiuti
Needham & Company, LLC
8 questions for TDY
Damian Karas
UBS
7 questions for TDY
Jonathan Siegmann
Stifel Financial Corp.
7 questions for TDY
Jordan Lyonnais
Bank of America
7 questions for TDY
Guy Hardwick
Freedom Capital Markets
6 questions for TDY
Noah Poponak
Goldman Sachs
4 questions for TDY
Robert Jamieson
Vertical Research Partners
4 questions for TDY
Amit Mehrotra
UBS
2 questions for TDY
Kristine Liwag
Morgan Stanley
2 questions for TDY
Alexander Preston
Bank of America Merrill Lynch
1 question for TDY
Jim Ricchiuti
Needham & Company
1 question for TDY
Jordan Lane
Bank of America
1 question for TDY
Robert Stallard
Vertical Research Partners
1 question for TDY
Zachary Walljasper
UBS
1 question for TDY
Recent press releases and 8-K filings for TDY.
- Teledyne FLIR Defense secures $17.5 million contract from armasuisse for Black Hornet 4 delivery on Switzerland’s Piranha 8x8 ISR program, integrating with the vehicle’s digital systems.
- The Black Hornet 4 software has been adapted to stream live video and transmit target data, coordinates, and situational awareness directly to vehicle displays and crews.
- The 70 g nano-drone offers a 12 MP day camera and high-resolution thermal imaging, with over 30 min endurance, 3 km range, and operation in winds up to 25 knots and rain.
- Initial integrated systems were delivered in 2025, with remaining units scheduled for delivery throughout 2026.
- Teledyne concluded Q4 with 7.3% YoY sales growth and 14.1% increase in non-GAAP earnings, marking its largest quarterly orders, sales, earnings, and operating margin; FY 2025 sales and non-GAAP earnings rose 7.9% and 11.5%, respectively.
- Q4 cash flow: $379 million operating cash flow and record free cash flow of $339.2 million; ended with net debt of $2.12 billion and leverage ratio 1.4×.
- Capital deployment included $850 million of acquisitions in 2025 (including DD Scientific) and $400 million of stock repurchases in Q4, supported by approximately $1.1 billion in free cash flow.
- Full-year 2026 outlook: revenue of $6.37 billion and non-GAAP EPS of $23.65 at midpoint, with ~48% of sales and 46% of earnings in H1; Q1 non-GAAP EPS guidance of $5.40–$5.50.
- Q4 sales rose 7.3% year-over-year and non-GAAP earnings increased 14.1%, driving the highest quarterly orders, sales, earnings, and operating margin in company history.
- Full-year 2025 sales grew 7.9% and non-GAAP earnings were up 11.5%; free cash flow was approximately $1.1 billion for the second consecutive year, ending with 1.4× leverage.
- 2026 guidance calls for revenue of about $6.37 billion and non-GAAP EPS of $23.65, with roughly 48% of sales and 46% of earnings expected in H1.
- Capital deployment in 2025 included over $850 million on acquisitions (including DD Scientific) and $400 million in Q4 share repurchases, maintaining a strong balance sheet.
- Q4 sales rose 7.3% y/y and non-GAAP earnings increased 14.1%; for FY 2025, sales grew 7.9% and non-GAAP earnings were up 11.5%
- Q4 free cash flow was $339.2 million (vs. $303.4 million y/y); FCF of ~$1.1 billion for the second consecutive year; net debt $2.12 billion, leverage ratio 1.4×
- 2026 guidance assumes ~$6.37 billion in revenue and non-GAAP EPS of $23.65; Q1 non-GAAP EPS expected $5.40–$5.50, with ~48% of sales in H1
- Segment highlights: digital imaging Q4 sales +3.4% and record 24.7% margin; instrumentation Q4 sales +3.7% and record FY margin 28.4%; aerospace & defense electronics Q4 sales +40.4%
- Deployed $850 million on acquisitions in 2025 (e.g., DD-Scientific) and repurchased $400 million of stock in Q4
- Q4 net sales of $1,612.3 million (+7.3% Y/Y); GAAP EPS of $5.84 and non-GAAP EPS of $6.30 (+14.1%).
- Operating cash flow of $379.0 million, free cash flow of $339.2 million, and quarter-end leverage ratio of 1.4×.
- Share repurchases of $400.0 million at an average price of $507.52; full-year 2025 capital deployment of $850.0 million on acquisitions.
- Completed carve-out acquisition of TransponderTech and closed DD-Scientific acquisition on January 14, 2026.
- Issued 2026 outlook: GAAP EPS of $19.76–$20.22 and non-GAAP EPS of $23.45–$23.85.
- Record Q4 net sales of $1,612.3 M, up 7.3% year-over-year.
- Q4 GAAP EPS of $5.84 and non-GAAP EPS of $6.30, a 14.1% increase year-over-year.
- Q4 operating cash flow of $379.0 M, free cash flow of $339.2 M, and $400.0 M in share repurchases at an average price of $507.52.
- Full-year 2025 net sales of $6,115.4 M (+7.9%), with GAAP EPS of $18.88 and non-GAAP EPS of $21.99.
- 2026 outlook: GAAP EPS $19.76–20.22, non-GAAP EPS $23.45–23.85.
- Teledyne Technologies (NYSE:TDY) announced the acquisition of DD-Scientific Holdings Limited and its subsidiary DD-Scientific Limited.
- DD-Scientific, founded in 2011 and headquartered in Fareham, UK, develops high-performance gas sensors for industrial safety, healthcare, and environmental monitoring.
- Terms of the transaction were not disclosed.
- The deal adds complementary technology—lead-free electrochemical sensors—and expands Teledyne’s sensors, optical gas imaging cameras, and instrumentation offerings across power generation, petrochemical, semiconductor, and medical sectors.
- The U.S. Department of Defense approved $8 billion in defense spending—including $1.5 billion for AI and autonomous systems—positioning Teledyne Technologies among key beneficiaries of Pentagon modernization funding.
- Teledyne FLIR Defense, a division of Teledyne Technologies, secured a $42.5 million contract from U.S. Marine Corps Systems Command for Delivery Order 3 of the Organic Precision Fires–Light program, delivering over 600 Rogue 1 loitering munitions along with ground control stations and training kits for summer 2026 fielding.
- This award marks Teledyne’s first production-rate contract in the loitering munition market, following its 2024 test-and-evaluation award and leveraging a 45-year heritage in electro-optical and FLIR surveillance technologies.
- Teledyne Technologies completed its acquisition of the TransponderTech business from Saab AB, forming FLIR TransponderTech AB under Teledyne’s ownership.
- The new unit will join Teledyne’s Raymarine, FLIR Marine, ChartWorld and Teledyne CARIS brands, expanding maritime technology solutions.
- FLIR TransponderTech AB will market Automatic Identification System (AIS), VHF Data Exchange System (VDES) and Global Navigation Satellite System (GNSS) products under the FLIR brand.
- The deal broadens Teledyne’s industrial, military and airborne offerings, positioning the company for continued innovation in maritime, airborne and space communication segments.
- Teledyne achieved record quarterly sales, non-GAAP EPS, and free cash flow, with sales up 6.7%, non-GAAP EPS +9.2%, and free cash flow of $313.9 million in Q3 2025.
- Raised the full-year 2025 sales outlook to $6.06 billion (from $6.03 billion), reflecting continued backlog growth and recovering commercial businesses.
- Business segments delivered mixed results: Digital Imaging sales +2.2%, Instrumentation +3.9%, Aerospace & Defense Electronics +37.6%, and Engineered Systems revenue –8.1% with operating margin +30 bps.
- Generated $343.1 million of operating cash flow, ended Q3 with $2.0 billion net debt, and spent $770 million on acquisitions YTD.
- Issued Q4 2025 EPS guidance of $4.76–$4.98 (GAAP) and $5.73–$5.88 (non-GAAP); full-year EPS outlook of $17.83–$18.05 (GAAP) and $21.45–$21.60 (non-GAAP).
Quarterly earnings call transcripts for TELEDYNE TECHNOLOGIES.
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