TELEDYNE TECHNOLOGIES INC (TDY) Form 8-K — Oct 21, 2026
Teledyne Technologies reported all-time record third quarter 2026 results, with net sales of $1,684.9 million up 9.4% year-over-year, GAAP diluted EPS of $5.82 up 25.2%, and non-GAAP diluted EPS of $6.72 up 20.6%. The quarter marked the company's strongest sales and operating earnings in its history. The company raised its full-year 2026 guidance to GAAP EPS of $21.71-$21.87 and non-GAAP EPS of $25.40-$25.50, up from prior outlooks of $20.73-$20.99 and $24.45-$24.65 respectively. Growth was led by the Digital Imaging segment, where sales rose 15.0% on infrared detectors for space and unmanned applications, and funded backlog reached nearly $5.3 billion.
Key figures
- Eps
- 5.82
- Guidance
- FY2026 GAAP EPS $21.71-$21.87 (prior $20.73-$20.99); FY2026 non-GAAP EPS $25.40-$25.50 (prior $24.45-$24.65); Q4 2026 GAAP EPS $5.68-$5.83; Q4 non-GAAP EPS $6.60-$6.70
- Net Income
- 272800000
- Revenue Yoy
- 9.4%
- Total Assets
- 15565000000
- Cash Position
- 562400000
- Buybacks
- $224.6 million at weighted average price of $607.03 per share
- Non gaap eps
- 6.72
- Free cash flow
- 319500000
- Funded backlog
- nearly $5.3 billion
- Leverage ratio
- 0.9x
- Operating margin
- 20.6%
- Varex deal value
- approximately $1.1 billion
- Non gaap eps growth
- 20.6%
- Non gaap net income
- 315100000
- Cash from operations
- 352500000
- Digital imaging sales
- 903000000
- Non gaap operating margin
- 23.9%
- Digital imaging sales growth
- 15.0%
AI analysis
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