Quarterly ResultJul 24, 2026, 05:31 PM
Teledyne Q2 Net Sales Up 9.8% to $1.66B; Diluted EPS Jumps 21.2% to $5.37
AI Summary
Teledyne Technologies reported strong second quarter 2026 results with net sales increasing 9.8% to $1,662.5 million and diluted earnings per share rising 21.2% to $5.37, compared to the same period last year. Net income attributable to Teledyne also saw a significant increase of 19.9% to $251.7 million. The company continued its strategic growth with the acquisition of DD-Scientific in the first quarter and demonstrated financial discipline by repaying $450.0 million in senior notes.
Key Highlights
- Q2 2026 net sales increased 9.8% to $1,662.5 million from $1,513.7 million in Q2 2025.
- Q2 2026 net income attributable to Teledyne rose 19.9% to $251.7 million from $209.9 million in Q2 2025.
- Q2 2026 diluted EPS grew 21.2% to $5.37 from $4.43 in Q2 2025.
- Digital Imaging segment net sales were $868.7 million in Q2 2026, up from $771.0 million in Q2 2025.
- Instrumentation segment net sales were $387.8 million in Q2 2026, up from $367.6 million in Q2 2025.
- Aerospace and Defense Electronics segment net sales were $286.4 million in Q2 2026, up from $264.8 million in Q2 2025.
- Repaid $450.0 million of Fixed Rate Senior Notes due April 2026 during the second quarter.
- Acquired DD-Scientific for approximately $53.6 million in Q1 2026, adding to the Instrumentation segment.
Price Impact
More from TDY