Teledyne Technologies Incorporated (TDY) financial statements: income statement, balance sheet and cash flow
Teledyne Technologies Incorporated's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 28, 2025 · FY), Teledyne Technologies Incorporated reported revenue of $6.1B (+7.9% year on year) and net income of $894.8M (+9.2% year on year).
Income statement
Teledyne Technologies Incorporated income statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Jan 1, 2023 · FY
Net sales
$6.1B
$5.7B
$5.6B
$5.5B
Cost of sales
$3.5B
$3.2B
$3.2B
$3.1B
Selling, general and administrative
$931.1M
$902.6M
$1.2B
$1.2B
Research and development
$317.3M
$292.6M
—
—
Acquired intangible asset amortization
$216.6M
$198.0M
$196.7M
$201.7M
Impairment of acquired intangible assets
$0
$52.5M
—
—
Total costs and expenses
$5.0B
$4.7B
$4.6B
$4.5B
Operating income (loss)
$1.1B
$989.1M
$1.0B
$972.0M
Interest and debt expense, net
($59.6M)
($57.9M)
($77.3M)
($89.3M)
Non-service retirement benefit income
$10.9M
$10.8M
$12.4M
$11.4M
Gain (loss) on debt extinguishment
$15.0M
$0
$1.6M
$10.6M
Other income (expense), net
($21.6M)
($4.1M)
($12.2M)
$3.4M
Income (loss) before income taxes
$1.1B
$937.9M
$958.9M
$908.1M
Provision (benefit) for income taxes
$198.8M
$117.2M
$72.3M
$119.2M
Net income (loss) including noncontrolling interest
$895.7M
$820.7M
$886.6M
$788.9M
Less: Net income (loss) attributable to noncontrolling interest
$900.0K
$1.5M
$900.0K
$300.0K
Net income (loss) attributable to Teledyne
$894.8M
$819.2M
$885.7M
$788.6M
Basic earnings per common share (in USD per share)
$19.12
$17.43
$18.80
$16.85
Weighted average common shares outstanding (in shares)
46.8M
47.0M
47.1M
46.8M
Diluted earnings per common share (in USD per share)
$18.88
$17.21
$18.49
$16.53
Weighted average diluted common shares outstanding (in shares)
47.4M
47.6M
47.9M
47.7M
Teledyne Technologies Incorporated income statement, quarters
Line item
Sep 27, 2026 · Q3
Jun 28, 2026 · Q2
Mar 29, 2026 · Q1
Sep 28, 2025 · Q3
Net sales
$1.7B
$1.7B
$1.6B
$1.5B
Cost of sales
$945.5M
$924.4M
$886.3M
$880.0M
Selling, general and administrative
$258.4M
$258.7M
$237.4M
$238.2M
Research and development
$78.6M
$90.2M
$84.6M
$83.4M
Acquired intangible asset amortization
$55.2M
$56.0M
$57.6M
$55.1M
Total costs and expenses
$1.3B
$1.3B
$1.3B
$1.3B
Operating income (loss)
$347.2M
$333.2M
$294.2M
$282.8M
Interest and debt income (expense), net
($10.5M)
($13.6M)
($12.3M)
($12.6M)
Non-service retirement benefit income (expense), net
$2.6M
$2.6M
$2.7M
$2.7M
Other income (expense), net
$7.5M
($900.0K)
($5.9M)
$900.0K
Income (loss) before income taxes
$346.8M
$321.3M
$278.7M
$273.8M
Provision (benefit) for income taxes
$74.0M
$69.6M
$51.9M
$52.9M
Net income (loss) including noncontrolling interest
$272.8M
$251.7M
$226.8M
$220.9M
Less: Net income (loss) attributable to noncontrolling interest
$0
$0
$0
$200.0K
Net income (loss) attributable to Teledyne
$272.8M
$251.7M
$226.8M
$220.7M
Basic earnings per common share (in USD per share)
$5.89
$5.44
$4.90
$4.71
Weighted average common shares outstanding (in shares)
46.3M
46.3M
46.3M
46.9M
Diluted earnings per common share (in USD per share)
$5.82
$5.37
$4.85
$4.65
Weighted average diluted common shares outstanding (in shares)
46.9M
46.9M
46.8M
47.5M
Balance sheet
Teledyne Technologies Incorporated balance sheet, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Jan 1, 2023 · FY
Cash and cash equivalents
$352.4M
$649.8M
$648.3M
$638.1M
Accounts receivable, net
$992.4M
$901.1M
$899.7M
$883.7M
Unbilled receivables, net
$374.6M
$312.1M
$302.4M
$274.7M
Inventories, net
$1.0B
$914.4M
$917.7M
$890.7M
Prepaid expenses and other current assets
$292.9M
$167.2M
$213.3M
$130.7M
Total Current Assets
$3.1B
$2.9B
$3.0B
$2.8B
Property, plant and equipment, net
$839.1M
$745.2M
$777.0M
$769.8M
Goodwill
$8.7B
$8.0B
$8.0B
$7.9B
Acquired intangible assets, net
$2.1B
$2.0B
$2.3B
$2.4B
Prepaid pension assets
$286.2M
$227.6M
$203.3M
$178.4M
Other assets, net
$316.7M
$279.7M
$285.3M
$274.3M
Total Assets
$15.3B
$14.2B
$14.5B
$14.4B
Accounts payable
$486.6M
$416.4M
$384.7M
$505.7M
Accrued liabilities
$923.4M
$844.9M
$781.3M
$717.6M
Current portion of long-term debt and other debt
$450.1M
$300.0K
$600.1M
$300.1M
Total Current Liabilities
$1.9B
$1.3B
$1.8B
$1.5B
Long-term debt
$2.0B
$2.6B
$2.6B
$3.6B
Long-term deferred tax liabilities
$369.6M
$354.0M
$415.4M
$490.0M
Other long-term liabilities
$516.4M
$380.8M
$475.8M
$547.2M
Total Liabilities
$4.8B
$4.6B
$5.3B
$6.2B
Redeemable Noncontrolling Interest
$0
$6.0M
$4.6M
$3.7M
Preferred stock, $0.01 par value; authorized 15,000,000 shares; outstanding shares-none
0
0
0
0
Common stock, $0.01 par value; authorized 125,000,000 shares; Issued shares: 47,424,847 at December 28, 2025, and 47,432,888 at December 29, 2024; Outstanding shares: 46,185,578 at December 28, 2025, and 46,706,612 at December 29, 2024
500.0K
500.0K
500.0K
500.0K
Additional paid-in capital
$4.4B
$4.4B
$4.4B
$4.4B
Retained earnings
$7.1B
$6.3B
$5.4B
$4.6B
Treasury stock, 1,239,269 at December 28, 2025, and 726,276 at December 29, 2024
($585.2M)
($292.4M)
$0
($20.0M)
Accumulated other comprehensive income (loss)
($425.4M)
($839.9M)
($634.1M)
($726.5M)
Total Stockholders’ Equity
$10.5B
$9.5B
$9.2B
$8.2B
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity
Property, plant and equipment, net of accumulated depreciation and amortization of $1,171.6 at September 27, 2026 and $1,107.9 at December 28, 2025
$840.5M
$833.8M
$836.8M
$820.4M
Goodwill
$8.7B
$8.7B
$8.7B
$8.7B
Acquired intangibles, net
$1.9B
$2.0B
$2.0B
$2.1B
Prepaid pension assets
$299.9M
$295.3M
$290.8M
$240.2M
Other assets, net
$302.3M
$304.6M
$307.3M
$319.5M
Total Assets
$15.6B
$15.3B
$15.5B
$15.4B
Accounts payable
$520.4M
$492.3M
$541.4M
$459.5M
Accrued liabilities
$1.0B
$975.0M
$900.6M
$893.6M
Current portion of long-term debt
$100.0K
$100.0K
$450.1M
$450.2M
Total current liabilities
$1.5B
$1.5B
$1.9B
$1.8B
Long-term debt, net of current portion
$2.0B
$2.0B
$2.0B
$2.1B
Long-term deferred tax liabilities
$382.4M
$378.2M
$383.6M
$379.3M
Other long-term liabilities
$494.9M
$489.4M
$486.7M
$542.1M
Total Liabilities
$4.4B
$4.4B
$4.8B
$4.8B
Redeemable Noncontrolling Interest
$0
$0
$0
$0
Preferred stock, $0.01 par value; outstanding shares—none
0
0
0
0
Common stock, $0.01 par value; issued shares: 47,417,939 at September 27, 2026 and 47,424,847 at December 28, 2025; outstanding shares: 46,217,345 at September 27, 2026 and 46,185,578 at December 28, 2025
500.0K
500.0K
500.0K
500.0K
Additional paid-in capital
$4.4B
$4.4B
$4.4B
$4.4B
Retained earnings
$7.9B
$7.6B
$7.4B
$6.9B
Treasury stock, 1,200,594 shares at September 27, 2026 and 1,239,269 at December 28, 2025
-606.2M
-519.1M
-529.7M
-194.4M
Accumulated other comprehensive income (loss)
($511.7M)
($535.1M)
($487.6M)
($497.2M)
Total Stockholders’ Equity
$11.1B
$10.9B
$10.7B
$10.6B
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity
$15.6B
$15.3B
$15.5B
$15.4B
Cash flow statement
Teledyne Technologies Incorporated cash flow statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Dec 31, 2023 · FY
Jan 1, 2023 · FY
Net income (loss) including noncontrolling interest
$895.7M
$820.7M
$886.6M
$788.9M
Depreciation and amortization
$336.3M
$309.9M
$316.4M
$332.2M
Stock-based compensation
$39.6M
$37.7M
$32.3M
$31.5M
Gain (loss) on debt extinguishment
($15.0M)
$0
($1.6M)
($10.6M)
Impairment of acquired intangible assets
$0
$52.5M
—
—
Accounts receivable and unbilled receivables
($36.6M)
($22.8M)
($21.7M)
($87.9M)
Inventories
($42.8M)
($10.4M)
($14.3M)
($155.2M)
Accounts payable
$35.6M
$33.7M
($124.9M)
$45.9M
Deferred taxes and income taxes receivable (payable), net
($86.6M)
($120.7M)
($230.9M)
($35.2M)
Prepaid expenses and other assets
($47.1M)
($7.5M)
($42.6M)
($50.4M)
Accrued expenses and other liabilities
$71.2M
$89.4M
$49.7M
($344.2M)
Other operating, net
$41.0M
$9.4M
($12.9M)
($28.2M)
Net cash provided by (used in) operating activities
$1.2B
$1.2B
$836.1M
$486.8M
Purchases of property, plant and equipment
($117.3M)
($83.7M)
($114.9M)
($92.6M)
Purchase of businesses, net of cash acquired
($821.4M)
($123.7M)
($77.7M)
($99.6M)
Other investing, net
$800.0K
$200.0K
$2.3M
$16.8M
Net cash provided by (used in) investing activities
($937.9M)
($207.2M)
($190.3M)
($175.4M)
Net proceeds (repayments) from credit facility
$0
$0
($125.0M)
—
Proceeds from (payments on) fixed rate senior notes
($162.0M)
—
—
—
Proceeds from (payments on) other debt
($1.8M)
($600.6M)
—
—
Purchase of treasury stock, including excise tax
($402.9M)
($354.0M)
—
—
Liquidations (maturities) of cross currency swap
$0
($18.7M)
($13.5M)
—
Acquisition of redeemable noncontrolling interest
($27.2M)
—
—
—
Proceeds from exercise of stock options
$48.8M
$37.9M
$45.4M
$23.6M
Other financing, net
($10.1M)
($10.4M)
($4.5M)
($1.9M)
Net cash provided by (used in) financing activities
($555.2M)
($945.8M)
($651.5M)
($110.0M)
Effect of exchange rate changes on cash and cash equivalents