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Teledyne Technologies logoTeledyne Technologies TDY

Teledyne said net sales for Q3 2026 rose 9.4%, and net income attributable to Teledyne increased 23.6%. Diluted earnings per share were $5.82, compared with $4.65 a year earlier.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Teledyne said net sales for Q3 2026 rose 9.4%, and net income attributable to Teledyne increased 23.6%. Diluted earnings per share were $5.82, compared with $4.65 a year earlier.

  2. The company said cost of sales as a percentage of net sales for Q3 2026 fell to 56.1% from 57.2% a year earlier, and operating income rose 22.8%. It said SG&A as a percentage of net sales decreased to 15.5% from 15.3%.

  3. Teledyne said net cash provided by operating activities for the first 9 months of 2026 was $901.7 million, up from $812.3 million a year earlier. It repaid $450.0 million of its Fixed Rate Senior Notes in Q2. Total debt was $2,027.8 million as of September 27, 2026, compared with $2,475.4 million as of December 28, 2025.

  4. The company said its board approved in July 2025 a stock repurchase program of up to $2.0 billion. As of September 27, 2026, $1.5 billion remained available. It said it repurchased approximately 0.2 million shares for $94.8 million during Q3 2026 and the first 9 months.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q3 2026 Sales Up 9.4%, Diluted EPS $5.82

Teledyne said net sales for Q3 2026 rose 9.4%, and net income attributable to Teledyne increased 23.6%. Diluted earnings per share were $5.82, compared with $4.65 a year earlier.

Source · Based on the MD&A text of the filing

Q3 Cost of Sales Ratio 56.1%, Operating Income Up 22.8%

The company said cost of sales as a percentage of net sales for Q3 2026 fell to 56.1% from 57.2% a year earlier, and operating income rose 22.8%. It said SG&A as a percentage of net sales decreased to 15.5% from 15.3%.

Source · Based on the MD&A text of the filing

Operating Cash Flow $901.7 million in 9 Months, $450.0 million Notes Repaid

Teledyne said net cash provided by operating activities for the first 9 months of 2026 was $901.7 million, up from $812.3 million a year earlier. It repaid $450.0 million of its Fixed Rate Senior Notes in Q2. Total debt was $2,027.8 million as of September 27, 2026, compared with $2,475.4 million as of December 28, 2025.

Source · Based on the MD&A text of the filing

Buyback Authorization $2.0 billion, $1.5 billion Remaining

The company said its board approved in July 2025 a stock repurchase program of up to $2.0 billion. As of September 27, 2026, $1.5 billion remained available. It said it repurchased approximately 0.2 million shares for $94.8 million during Q3 2026 and the first 9 months.

Source · Based on the MD&A text of the filing

Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.