AI-extracted from the 10-Q filed 2026-10-23 — Q3 FY2026 (quarter ended September 27, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Teledyne's third-quarter net sales rose 9.4% to $1,684.9M and operating income grew 22.8% to $347.2M, with Digital Imaging sales up 15.0% and operating margin expanding.
Biggest Revenue Drivers
Digital Imaging$903.0M+15.0% YoY
Higher sales of infrared imaging detectors, components and subsystems for defense and commercial applications, plus surveillance, industrial imaging and X-ray products.
Instrumentation$370.5M+1.9% YoY
Higher sales in Environmental Instrumentation (gas detection) and Marine Instrumentation, partly offset by lower Test and Measurement sales.
Biggest Revenue Drivers
Total revenue: $1,684.9M+9.4% YoY
Digital Imaging$903.0M+15.0% YoY
Higher sales of infrared imaging detectors, components and subsystems for defense and commercial applications, plus surveillance, industrial imaging and X-ray products.
Instrumentation$370.5M+1.9% YoY
Higher sales in Environmental Instrumentation (gas detection) and Marine Instrumentation, partly offset by lower Test and Measurement sales.
Aerospace and Defense Electronics$287.4M+4.3% YoY
A $16.5M increase in defense electronics, partially offset by a $4.6M decrease in aerospace electronics.
Engineered Systems$124.0M+7.8% YoY
Higher sales of engineered products.
Largest Expense Items
Cost of sales$945.5M+7.4% YoY
Increase driven primarily by higher net sales; cost of sales as a percentage of sales decreased to 56.1% from 57.2%.
Selling, general and administrative$258.4M+8.5% YoY
Higher net sales including acquisitions, and higher corporate expense from compensation and professional services.
Research and development$78.6M-5.8% YoY
Primarily lower R&D expense in the Aerospace and Defense Electronics segment.
Primarily related to 2026 and 2025 acquisitions across multiple segments.
Margins: Operating income rose 22.8% to $347.2M, with the filing citing higher operating margin across segments, including incremental operating income from 2026 and 2025 acquisitions. Cost of sales as a percentage of net sales declined to 56.1% from 57.2%.
Watch Items from the Filing
Pending Varex Imaging acquisition for approximately $1.1 billion in cash, expected to close in early 2027, subject to regulatory and Varex stockholder approvals.
China restrictions on rare earth mineral exports and U.S.-China tariffs could disrupt supply chain and raise material costs, per management.
Engineered Systems segment margin is thin at 10.5% operating margin, and about 48% of its nine-month sales came from fixed-price contracts.
Settled BIS export control matter for $1.0M civil penalty; Company has ongoing voluntary disclosures of potential trade compliance violations that could result in material fines.
Cash on hand rose to $562.4M while total debt fell to $2,027.8M after repaying $450.0M of 2026 notes; $1.5B remains under the stock repurchase authorization.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Mehrabian RobertExecutive ChairmanShares withheld for tax or exercise price · Jan 24, 2026
Belak Cynthia YSenior VP and ControllerShares withheld for tax or exercise price · Jan 24, 2026
Blackwood Stephen FinisExecutive VP and CFOShares withheld for tax or exercise price · Jan 24, 2026
Bobb George C IIIPresident and CEOShares withheld for tax or exercise price · Jan 24, 2026
Cibik Melanie SusanEVP, GenCounsel, CCO & Sec.Shares withheld for tax or exercise price · Jan 24, 2026
Congress trading in TDY
16 transactions in TDY reported by 5 members of Congress under the STOCK Act, most recent trade Aug 25, 2026. Reported transactions, not recommendations.
About TELEDYNE TECHNOLOGIES INC (TDY): stock profile, AI score and financials
TELEDYNE TECHNOLOGIES INC (TDY) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores TDY at 67.7/100 on a composite quality score built from its SEC filings, placing it at rank #349 of 2,925 stocks — the top 25% of the AI-ranked universe. TDY scores in the top quartile across revenue scale (81.4), profitability (76.2), balance sheet strength (75.8). Based on the latest XBRL financial filings (Q3 2026), TELEDYNE TECHNOLOGIES INC reports quarterly revenue of $1.7B, net income of $272.8M, an operating margin of 20.6%. Top institutional holders of TDY by reported 13-F value include BlackRock, PRICE T ROWE ASSOCIATES, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. TDY trades on the NYSE exchange and files with the SEC under CIK 1094285. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TDY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for TELEDYNE TECHNOLOGIES INC directly from SEC EDGAR.