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Teledyne Technologies (TDY) investor relations material
Teledyne Technologies Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly and full-year net sales, non-GAAP earnings, and operating margin in 2025, with optimism for 2026 due to strong business performance and new leadership.
Q4 2025 net sales rose 7.3% year-over-year to $1,612.3 million, with net income up 38.8% to $275.6 million.
Full year 2025 net sales increased 7.9% to $6,115.4 million, with non-GAAP earnings up 11.5% and net income up 9.2% to $894.8 million.
Free cash flow exceeded $1.0 billion for the second consecutive year, supporting strong capital deployment.
Completed acquisitions of Transponder Tech and DD-Scientific, and repurchased $400 million in stock in Q4.
Financial highlights
Q4 non-GAAP diluted EPS was $6.30, up 14.1% year-over-year; GAAP diluted EPS was $5.84.
Q4 non-GAAP operating margin reached 23.9%, up from 22.7% last year.
Q4 cash from operations was $379 million; free cash flow was $339.2 million, a record.
Ended 2025 with a leverage ratio of 1.4x and $2.12 billion in net debt.
Capital expenditures in Q4 were $39.8 million; depreciation and amortization expense was $84.6 million.
Outlook and guidance
2026 GAAP diluted EPS guidance: $19.76–$20.22; non-GAAP: $23.45–$23.85.
Q1 2026 GAAP EPS: $4.45–$4.59; non-GAAP EPS: $5.40–$5.50.
2026 revenue expected at approximately $6.37 billion; non-GAAP EPS midpoint at $23.65, in line with consensus.
Expect normal seasonality: ~48% of sales and 46% of earnings in 1H 2026.
Organic revenue growth projected at 3.5–4% across segments, with no expected declines in any business.
- TimeTickerHeadlineOpen
- CARL
Strong profit growth and Britvic integration drove 2025 results; 2026 outlook positive. - DSV
Strong 2025 performance and rapid Schenker integration set stage for higher 2026 EBIT. - SOLARINDS
Quarterly revenue and profit surged, driven by defense, international growth, and acquisitions. - 2413
Strong revenue and profit growth led by segment expansion, digital, and overseas businesses. - FRU
Q2 2025 production up 9% year-over-year, with strong U.S. growth and $44M in dividends paid. - FRU
Q3 2025 saw 10% production growth, 37% higher net income, and expanded credit facilities. - DCH
Q3 2025 saw flat sales, higher margins, and strong cash flow as the Dowlais deal advances. - 6103
Strong sales growth and robust orders drive higher profits; outlook and dividend unchanged. - BERG
Q3 EBITA up 12% and margins improved, with strong acquisition activity and new divisional structure. - ALIF
Profitability and margins improved, debt reduced, and outlook for 2026 is strong.
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