TDY

MKT CAP:$30B

Teledyne Technologies Incorporated

Market Cap

$30B

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NYSE

Technology·Hardware,·🇺🇸·NYSE

Stock Price

$651.07+$132.30 (+25.50%)

Apr 24, 2026

Company Details

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Canada, the United Kingdom, Belgium, the Netherlands, and internationally. The company's Instrumentation segment offers mo...

CEO

George C. Bobb

IPO Date

Nov 23, 1999

Website

www.teledyne.com

Key Metrics TTM

Revenue

$6.2B

+7.9% YoY

Net Income

$933M

EPS (Diluted)

$19.77

Free Cash Flow

$1.1B

Revenue / Share

$133.03

Gross Margin

38.5%

Operating Margin

19.0%

Net Margin

15.0%

FCF Margin

16.9%

P/S

4.8x

P/E

32.3x

Earnings Reports

Q1 2026

Apr 22, 2026

NEW

$1.6B+7.6%EPS $4.85

FY 2025

Feb 20, 2026

$6.1B+7.9%EPS $18.88

Q4 2025

Feb 20, 2026

$1.6B+7.3%EPS $5.84

Q3 2025

Oct 24, 2025

$1.5B+6.7%EPS $4.65

Q2 2025

Jul 25, 2025

$1.5B+10.2%EPS $4.43

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$1.4B	$567M	$230M
Q3 22	$1.4B	$578M	$245M
Q4 22	$1.4B	$617M	$274M
Q1 23	$1.4B	$593M	$243M
Q2 23	$1.4B	$618M	$256M
Q3 23	$1.4B	$605M	$264M
Q4 23	$1.4B	$623M	$272M
Q1 24	$1.4B	$580M	$234M
Q2 24	$1.4B	$593M	$247M
Q3 24	$1.4B	$620M	$271M
Q4 24	$1.5B	$643M	$237M
Q1 25	$1.4B	$620M	$259M
Q2 25	$1.5B	$645M	$278M
Q3 25	$1.5B	$660M	$283M
Q4 25	$1.6B	$475M	$330M
Q1 26	$1.6B	$616M	$294M

Valuation

Quarter	P/S	P/E
Q2 22	3.3x	26.1x
Q3 22	3.1x	22.9x
Q4 22	3.5x	24.3x
Q1 23	3.8x	27.7x
Q2 23	3.5x	25.1x
Q3 23	3.4x	24.1x
Q4 23	3.7x	23.6x
Q1 24	3.6x	22.7x
Q2 24	3.2x	20.3x
Q3 24	3.7x	21.8x
Q4 24	3.9x	26.7x
Q1 25	4.0x	28.1x
Q2 25	4.1x	28.0x
Q3 25	4.6x	33.4x
Q4 25	4.0x	27.2x
Q1 26	4.4x	29.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	$197M	$176M
Q3 22	$269M	$252M
Q4 22	$238M	$204M
Q1 23	$203M	$179M
Q2 23	$191M	$163M
Q3 23	$278M	$255M
Q4 23	$164M	$124M
Q1 24	$291M	$275M
Q2 24	$319M	$301M
Q3 24	$250M	$229M
Q4 24	$332M	$303M
Q1 25	$243M	$225M
Q2 25	$227M	$196M
Q3 25	$343M	$314M
Q4 25	$379M	$339M
Q1 26	$234M	$204M

Capital Expenditures

Quarter	CapEx
Q2 22	$21M
Q3 22	$17M
Q4 22	$34M
Q1 23	$24M
Q2 23	$27M
Q3 23	$23M
Q4 23	$40M
Q1 24	$16M
Q2 24	$18M
Q3 24	$21M
Q4 24	$29M
Q1 25	$18M
Q2 25	$30M
Q3 25	$29M
Q4 25	$40M
Q1 26	$30M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+20.9%	+10.8%
Q3 22	+3.9%	-0.3%
Q4 22	+3.1%	-3.1%
Q1 23	+4.7%	+3.9%
Q2 23	+5.1%	+3.8%
Q3 23	+2.9%	+1.8%
Q4 23	+0.5%	+0.8%
Q1 24	-2.4%	-2.2%
Q2 24	-3.6%	-3.6%
Q3 24	+2.9%	+3.0%
Q4 24	+5.4%	+9.7%
Q1 25	+7.4%	+6.7%
Q2 25	+10.2%	+9.6%
Q3 25	+6.7%	+7.2%
Q4 25	+7.3%	+1.4%
Q1 26	+7.6%	+6.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$6M	0.5%
Q3 22	$7M	0.5%
Q4 22	$9M	0.7%
Q1 23	$8M	0.6%
Q2 23	$8M	0.6%
Q3 23	$8M	0.6%
Q4 23	$8M	0.6%
Q1 24	$12M	0.9%
Q2 24	$9M	0.7%
Q3 24	$9M	0.6%
Q4 24	$8M	0.5%
Q1 25	$9M	0.6%
Q2 25	$11M	0.7%
Q3 25	$11M	0.7%
Q4 25	$9M	0.6%
Q1 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q2 22	—	$284M	$3M	—
Q3 22	—	$281M	$3M	—
Q4 22	—	$292M	$3M	—
Q1 23	—	$297M	$3M	—
Q2 23	—	$310M	$3M	—
Q3 23	—	$289M	$3M	—
Q4 23	—	$300M	$3M	—
Q1 24	$77M	$294M	—	—
Q2 24	$72M	$294M	—	—
Q3 24	—	—	—	$299M
Q4 24	—	—	—	$11M
Q1 25	$74M	—	—	$234M
Q2 25	$82M	—	—	$229M
Q3 25	$83M	—	—	$238M
Q4 25	$77M	—	—	$227M
Q1 26	$85M	—	—	$237M

Revenue Segments

Quarter	Aerospace and Defense Electronics	Digital Imaging	Engineered Systems	Instrumentation
Q2 22	$169M	$776M	$99M	$313M
Q3 22	$170M	$778M	$110M	$306M
Q1 23	$173M	$773M	$104M	$334M
Q2 23	$186M	$793M	$117M	$328M
Q3 23	$183M	$776M	$114M	$329M
Q1 24	$186M	$741M	$93M	$330M
Q2 24	$194M	$739M	$107M	$334M
Q3 24	$200M	$768M	$125M	$350M
Q1 25	$243M	$757M	$107M	$343M
Q2 25	$265M	$771M	$110M	$368M
Q3 25	$276M	$785M	$115M	$364M
Q4 25	$276M	$851M	$103M	$383M

Revenue by Geography

Quarter	Europe	Other Geographical Areas	United States	Asia
Q2 22	$285M	$209M	$861M	—
Q3 22	$296M	$213M	$855M	—
Q1 23	$324M	$120M	$696M	$243M
Q2 23	$339M	$117M	$736M	$233M
Q3 23	$325M	$108M	$737M	$232M
Q1 24	$331M	$111M	$695M	$213M
Q2 24	$318M	$120M	$718M	$219M
Q3 24	$342M	$109M	$775M	$218M
Q1 25	$342M	$117M	$769M	$222M
Q2 25	$392M	$136M	$768M	$218M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$279M	$0	$279M
Q3 22	$479M	$0	$479M
Q4 22	$638M	$0	$638M
Q1 23	$665M	$0	$665M
Q2 23	$364M	$0	$364M
Q3 23	$509M	$0	$509M
Q4 23	$648M	$0	$648M
Q1 24	$912M	$0	$912M
Q2 24	$443M	$0	$443M
Q3 24	$561M	$0	$561M
Q4 24	$650M	$0	$650M
Q1 25	$462M	$0	$462M
Q2 25	$311M	$0	$311M
Q3 25	$529M	$0	$529M
Q4 25	$352M	$0	$352M
Q1 26	$521M	$0	$521M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	48M	0.0%	+2.3%
Q3 22	48M	0.0%	0.0%
Q4 22	48M	+0.2%	+0.2%
Q1 23	48M	+0.2%	+0.4%
Q2 23	48M	0.0%	+0.4%
Q3 23	48M	0.0%	+0.4%
Q4 23	48M	0.0%	+0.2%
Q1 24	48M	+0.2%	+0.2%
Q2 24	48M	-0.4%	-0.2%
Q3 24	47M	-1.0%	-1.3%
Q4 24	48M	+0.6%	-0.6%
Q1 25	47M	-0.6%	-1.5%
Q2 25	47M	+0.2%	-0.8%
Q3 25	48M	+0.2%	+0.4%
Q4 25	47M	-0.6%	-0.8%
Q1 26	47M	-0.8%	-1.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$93.5K	15K
Q3 22	$94.0K	15K
Q4 22	$97.8K	15K
Q1 23	$94.1K	15K
Q2 23	$96.9K	15K
Q3 23	$95.4K	15K
Q4 23	$96.9K	15K
Q1 24	$91.8K	15K
Q2 24	$93.5K	15K
Q3 24	$98.2K	15K
Q4 24	$100.8K	15K
Q1 25	$97.3K	15K
Q2 25	$101.6K	15K
Q3 25	$103.3K	15K
Q4 25	$102.0K	16K
Q1 26	$98.7K	16K

Revenue / Employee