Input and raw-material costsmixed · 4 filings
“Operating income and operating income as a percentage of net sales decreased primarily due to unfavorable product mix.”10-Q · Apr 24, 2026 ↗
Teledyne Technologies Incorporated
TDY
Market read
Teledyne Technologies Incorporated's current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
What changed
- Revenue increased 7.6% versus the comparable filing period.
Company+1.2% todayVolume comparison unavailable
Market group0 of 1 activeScientific Instruments · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- TDY's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if TDY's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
Evidence that supports
- Revenue increased 7.6% versus the comparable filing period.
- Operating margin improved 1.0 percentage points.
- Net income increased 20.3% versus the comparable filing period.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- TDY's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements140
Verified relationships10
Evidence supporting the case
- Latest annual revenue changed +7.9% year over year.
- Operating margin changed +1.4 percentage points in the latest annual period.
Evidence challenging the case
- Input and raw-material costs has repeated adverse evidence across 4 filings.
- Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 37% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 23% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
603.686m-6.6%12m+10.8%24m+43.1%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-01-02$4.6B+49.5%$10.05+16.9%
2023-01-01$5.5B+18.3%$16.53+7.7%
2023-12-31$5.6B+3.2%$18.49+0.4%
2024-12-29$5.7B+0.6%$17.21-0.6%
2025-12-28$6.1B+7.9%$18.88-0.4%
What management says matters
Persistent and emerging business drivers
Product pipeline and R&Dmixed · 4 filings
“Research and Development Expense R&D expense increased $10.3 million in the first quarter of 2026 primarily due to higher R&D expense in the Digital Imaging segment.”10-Q · Apr 24, 2026 ↗
Restructuring and cost reductionsmixed · 3 filings
“As of December 28, 2025, we had $793.4 million of indefinite-lived trademark intangibles which were subject to an annual impairment test in the fourth quarter of 2025.”10-K · Feb 20, 2026 ↗
Capital investment and capacitymixed · 1 filings
“Cash and Cash Equivalents Cash and cash equivalents totaled $521.4 million at March 29, 2026, compared with $352.4 million at December 28, 2025, with the increase primarily related to cash generated from operating activities partially offset by the 2026 acqui…”10-Q · Apr 24, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 4.7× · EV/sales 5.0×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
603.68+1.2% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for TDY. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
Fundamentals strengthened in the latest filing
10-Q filed 2026-04-24 against the comparable filing from 2025-04-28.
OperationsconstructiveEvidence score +3
liquidityneutralEvidence score 0
valuationmixed
What improved
- Revenue increased 7.6% versus the comparable filing period.
- Operating margin improved 1.0 percentage points.
- Net income increased 20.3% versus the comparable filing period.
What weakened
No thresholded deterioration was identified.
Filing receipts
“Operating income and operating income as a percentage of net sales decreased primarily due to unfavorable product mix.”
“Selling, General and Administrative Expense Selling, general and administrative (“SG&A”) expense increased $3.5 million in the first quarter of 2026 primarily due to higher net sales, including net sales related to 2026 and 2025 acquisitions.”
“R&D expense and R&D expense as a percentage of net sales increased primarily due to the timing of FLIR product development activities, including both defense and commercial development activities.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
The relationships behind TDY
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
BTIBritish American Tobacco p.l.c.competitorFeb 20, 2026 ▾
“Our primary foreign currency risk management objective is to protect the U.S.”
LFUSLittelfuse, Inc.supplierFeb 20, 2026 ▾
“Maretron During the third quarter of 2025, the Company acquired the assets of Maretron, including the brand’s Octoplex, MPower and MConnect product lines from Littelfuse, Inc.”
Depended on by
SITMSiTime CorporationsupplierMay 7, 2026 ▾
“We use Robert Bosch LLC (“Bosch”) in Germany, Taiwan Semiconductor Manufacturing Company (“TSMC”) and United Microelectronics Corporation ("UMC") in Taiwan, and Teledyne Digital Imaging Inc.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 13 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
TDY is currently a Leader in the organic co-movement group Scientific Instruments. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for TDY; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.