Teledyne earnings date and guidance
MyStockButler's October 2026 analysis: Teledyne’s next results are expected on January 20, 2027. Teledyne should watch Varex’s approval, FLIR’s valuation and whether defense opportunities become funded deliveries.
What has Teledyne guided for fiscal 2026?
On October 21, Teledyne lifted its full-year earnings promise and set a corresponding fourth-quarter outlook. GAAP earnings follow standard accounting rules; adjusted earnings remove specified charges, especially the accounting expense created when acquired technology and customer relationships lose value over time.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| GAAP Diluted Earnings per Common Share Outlook — Fiscal 2026 | Fiscal 2026 | 21.71 | 21.87 | Oct 21, 2026 |
| Non-GAAP Diluted Earnings per Common Share Outlook — Fiscal 2026 | Fiscal 2026 | 25.40 | 25.50 | Oct 21, 2026 |
| GAAP Diluted Earnings per Common Share Outlook — Fourth quarter 2026 | Fourth quarter 2026 | 5.68 | 5.83 | Oct 21, 2026 |
| Non-GAAP Diluted Earnings per Common Share Outlook — Fourth quarter 2026 | Fourth quarter 2026 | 6.60 | 6.70 | Oct 21, 2026 |
| Capital expenditures | Fiscal 2026 | 150.0 | 150.0 | Jul 24, 2026 |
| Cash tax reduction | Fiscal 2026 | 60.0 | 70.0 | Jul 24, 2026 |
What this means. The non-generally accepted accounting principles earnings forecast leaves out certain transaction, integration, and acquired-intangible amortization costs, so it is higher than the generally accepted accounting principles forecast.
Has Teledyne kept its past promises?
Management’s record is strong, though not perfect. Across seven quarters, GAAP and adjusted earnings finished above their original ranges six times. The company lowered full-year GAAP guidance on April 23, 2025, while keeping adjusted guidance intact.
| What management forecast | Checked | Above | Within | Below |
|---|---|---|---|---|
| GAAP diluted earnings per share | 7 quarters | 6 | 0 | 1 |
| non-GAAP diluted earnings per share | 7 quarters | 6 | 0 | 1 |
| Acquired intangible asset amortization | 7 quarters | 1 | 6 | 0 |
What has Teledyne’s revenue and profit done over the last eight quarters?
Digital Imaging supplied the largest push, with organic growth of 14.3%. Test-and-measurement sales declined 6.3%, so the recovery remains uneven across the portfolio. The broader eight-quarter pattern supports improvement, but the mix still matters.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,684.9 | 1,662.5 | 1,560.1 | 1,612.3 | 1,539.5 | 1,513.7 | 1,449.9 | 1,502.3 |
| Gross margin | 43.9% | 44.4% | 43.2% | 42.9% | 42.8% | 42.6% | 42.7% | 42.8% |
| Operating income | 347.2 | 333.2 | 294.2 | 329.5 | 282.8 | 278.2 | 259.3 | 237.1 |
| Net income | 272.8 | 251.7 | 226.8 | 275.6 | 220.7 | 209.9 | 188.6 | 198.5 |
| EPS, diluted | 5.82 | 5.37 | 4.85 | 5.84 | 4.65 | 4.43 | 3.99 | 4.20 |
| = Free cash flow | 319.5 | 284.7 | 204.3 | 339.2 | 313.9 | 196.3 | 224.6 | 303.4 |
What this means. The descriptions say these are yearly amounts, but each column shows only one three-month quarter.
What should Teledyne watchers watch in the next results?
The next tests are Varex’s approval, FLIR’s valuation and whether defense opportunities become funded deliveries.
Management described approximately $5.3 billion of funded backlog in October, with about 72% expected to become revenue over the next twelve months. That implies roughly $3.8 billion of conversion. Backlog provides visibility, but the rest of future sales still depends on new orders, production and delivery.