Teledyne Technologies Incorporated (TDY) Earnings Call Transcripts

Teledyne Technologies Incorporated's Latest Earnings Call - September 10, 2026

In the second quarter of fiscal year 2026, Teledyne Technologies reported record performance with revenue reaching $2.1 billion, reflecting a 9% organic growth year-over-year. Earnings per share (EPS) were $2.15, surpassing analyst expectations. Management raised their full-year organic growth guidance to approximately 7%, although this implies a deceleration from the strong Q2 performance. The company highlighted robust demand in defense and digital imaging sectors, which are expected to drive future growth.

Reported metrics

Guidance from management

Management raised their full-year organic growth guidance to approximately 7%, indicating some conservatism as they expect a deceleration from Q2's 9%. They noted potential upside of $30 million to $40 million based on current trends.

What management said

It's certainly tangible. I mean it's been mostly an annoyance with regard to inflation and with an annoyance with regard to constraint of supply or constraint of shipment. I mean, again, the organic growth is pretty good at 9% in some of the businesses like defense that consume some of the more exotic stuff grew double digits in Q2. So it certainly has not been yet. It could be. I mean it's a risk factor in our 10-K....

What analysts pressed on

Analysts expressed concerns regarding the potential deceleration in organic growth and the impact of supply chain challenges on margins. There were questions about how the company plans to navigate inflationary pressures and maintain profitability amidst a mix of lower-margin products in the defense sector.

Main topics on the call

• Record Orders and Sales — Teledyne achieved the strongest quarter in its history with a book-to-bill ratio of 1.23 and a backlog of approximately $5 billion. Management noted, 'Q2 was the highest, both in terms of the ratio and in terms of the ab...
• Defense Sector Growth — The defense segment, constituting about one-third of total sales, experienced double-digit growth, with management stating, 'the fence business... was double digits for the company.' This growth is driven by unmanned sys...
• Digital Imaging Performance — Digital Imaging segment reported an impressive 11.9% organic growth, contributing significantly to overall revenue. Management attributed this to strong demand for imaging sensors in both commercial and defense applicati...
• Guidance Adjustments — Management raised the full-year organic growth guidance to about 7%, indicating some conservatism as they expect a deceleration from Q2's 9%. They noted, 'we've been conservative... we try our best to under-promise and o...

Read the full Teledyne Technologies Incorporated transcript (September 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 48 Teledyne Technologies Incorporated earnings call transcripts on record, spanning January 22, 2020 to September 10, 2026. Based on this history, Teledyne Technologies Incorporated reports quarterly. The most recent call on file is dated September 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

TDY

Exchange

NYSE

Country

US

Sector

Information Technology

Industry

Electronic Equipment, Instruments and Components

Calls on record

48

First call

January 22, 2020

Most recent

September 10, 2026

Reporting cadence

quarterly