financial statements

The full income statement, balance sheet, and cash-flow statement for Teledyne Technologies Incorporated (TDY), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2023	FY2022	FY2021
Income Statement	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
Revenue	6.12B YoY+7.9%	5.67B YoY+0.6%	5.64B YoY+3.2%	5.46B YoY+18.3%	4.61B YoY+49.5%	3.09B YoY-2.4%
Cost of revenue	3.50B YoY+8.2%	3.24B YoY+1.2%	3.20B YoY+2.2%	3.13B YoY+12.8%	2.77B YoY+45.5%	1.91B YoY-0.8%
Research & development	317M YoY+8.4%	293M YoY-17.9%	356M YoY+1.2%	352M	—	—
Selling, general & administrative	931M YoY+3.2%	903M YoY+5.9%	852M YoY+6.0%	804M YoY-24.7%	1.07B YoY+61.3%	662M YoY-7.4%
Restructuring	18.6M YoY+19.2%	15.6M YoY+30.0%	12.0M	—	26.4M YoY+0.0%	26.4M YoY+725.0%
Amortization of intangibles	217M YoY+9.4%	198M YoY+0.7%	197M YoY-2.5%	202M YoY+35.1%	149M YoY+284.8%	38.8M YoY+6.3%
Provision for credit losses	—	—	—	—	4.50M YoY+9.8%	4.10M YoY+215.4%
Operating income	1.15B YoY+16.2%	989M YoY-4.4%	1.03B YoY+6.4%	972M YoY+55.7%	624M YoY+30.0%	480M YoY-2.4%
Interest expense	59.6M YoY+2.9%	57.9M YoY-25.1%	77.3M YoY-13.4%	89.3M YoY-1.7%	90.8M YoY+493.5%	15.3M YoY-27.1%
Other non-operating income	-21.6M YoY-426.8%	-4.10M YoY+66.4%	-12.2M YoY-458.8%	3.40M YoY+36.0%	2.50M YoY+134.7%	-7.20M YoY-44.0%
Pre-tax income	1.09B YoY+16.7%	938M YoY-2.2%	959M YoY+5.6%	908M YoY+70.1%	534M YoY+13.6%	470M YoY-0.8%
Income tax	199M YoY+69.6%	117M YoY+62.1%	72.3M YoY-39.3%	119M YoY+34.7%	88.5M YoY+30.5%	67.8M YoY-5.0%
	895M YoY+9.2%	819M YoY-7.5%	886M YoY+12.3%	789M YoY+77.1%	445M YoY+10.8%	402M YoY-0.1%
Net income to non-controlling interest	900K YoY-40.0%	1.50M YoY+66.7%	900K YoY+200.0%	300K	0.00	0.00
	$18.88 YoY+9.7%	$17.21 YoY-6.9%	$18.49 YoY+11.9%	$16.53 YoY+64.5%	$10.05 YoY-5.4%	$10.62 YoY-1.0%
EPS (basic)	$19.12 YoY+9.7%	$17.43 YoY-7.3%	$18.80 YoY+11.6%	$16.85 YoY+63.4%	$10.31 YoY-5.8%	$10.95 YoY-1.2%
Weighted-avg shares (basic)	46.8M YoY-0.4%	47.0M YoY-0.2%	47.1M YoY+0.6%	46.8M YoY+8.3%	43.2M YoY+17.7%	36.7M YoY+1.1%
Weighted-avg shares (diluted)	47.4M YoY-0.4%	47.6M YoY-0.6%	47.9M YoY+0.4%	47.7M YoY+7.7%	44.3M YoY+16.9%	37.9M YoY+1.1%
Balance Sheet	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
	3.06B YoY+3.8%	2.94B YoY-1.2%	2.98B YoY+5.8%	2.82B YoY+16.0%	2.43B YoY+41.0%	1.72B YoY+31.1%
Cash & equivalents	352M YoY-45.8%	650M YoY+0.2%	648M YoY+1.6%	638M YoY+34.4%	475M YoY-29.5%	673M YoY+237.4%
Accounts receivable	992M YoY+10.1%	901M YoY+0.2%	900M YoY+1.8%	884M YoY+15.1%	768M YoY+91.0%	402M YoY-12.7%
Inventory	1.04B YoY+14.1%	914M YoY-0.4%	918M YoY+3.0%	891M YoY+18.3%	753M YoY+116.8%	347M YoY-11.7%
Prepaid expenses	293M YoY+75.2%	167M YoY-21.6%	213M YoY+63.2%	131M YoY+10.8%	118M YoY+51.1%	78.1M YoY+30.4%
	15.3B YoY+7.6%	14.2B YoY-2.3%	14.5B YoY+1.2%	14.4B YoY-0.5%	14.4B YoY+183.8%	5.08B YoY+11.0%
Property, plant & equipment	839M YoY+12.6%	745M YoY-4.1%	777M YoY+0.9%	770M YoY-7.0%	828M YoY+69.1%	489M YoY+0.3%
Operating lease right-of-use	156M YoY+21.4%	129M YoY-9.2%	142M YoY-0.3%	142M YoY-1.7%	145M YoY+17.1%	123M YoY-2.9%
Goodwill	8.69B YoY+8.7%	7.99B YoY-0.2%	8.00B YoY+1.6%	7.87B YoY-1.4%	7.99B YoY+271.5%	2.15B YoY+4.9%
Intangible assets	2.10B YoY+4.3%	2.01B YoY-11.6%	2.28B YoY-6.7%	2.44B YoY-11.0%	2.74B YoY+569.2%	410M YoY+53.3%
Deferred tax assets	0.00	0.00	0.00	0.00	0.00	0.00
Other non-current assets	317M YoY+13.2%	280M YoY-2.0%	285M YoY+4.0%	274M YoY-14.7%	321M YoY+31.0%	245M YoY+9.0%
	1.86B YoY+47.4%	1.26B YoY-28.6%	1.77B YoY+15.9%	1.52B YoY+1.7%	1.50B YoY+96.9%	761M YoY-0.3%
Accounts payable	487M YoY+16.9%	416M YoY+8.2%	385M YoY-23.9%	506M YoY+7.7%	470M YoY+104.9%	229M YoY-15.5%
Accrued liabilities	923M YoY+9.3%	845M YoY+8.1%	781M YoY+8.9%	718M YoY-30.3%	1.03B YoY+137.0%	434M YoY+10.9%
Deferred revenue	370M YoY+18.2%	313M YoY+29.7%	241M YoY+28.5%	188M YoY+0.9%	186M YoY+16.2%	160M YoY+26.3%
Short-term & current debt	450M YoY+149933.3%	300K YoY-100.0%	600M YoY+100.0%	300M	0.00 YoY-100.0%	97.6M YoY-3.0%
Current lease liability	32.0M YoY+6.0%	30.2M YoY+0.3%	30.1M YoY+2.4%	29.4M YoY+3.9%	28.3M YoY+33.5%	21.2M YoY+8.2%
Other current liabilities	225M YoY-3.8%	234M YoY-1.6%	238M YoY+5.9%	224M YoY+5.7%	212M	—
	4.77B YoY+2.7%	4.65B YoY-12.4%	5.30B YoY-14.2%	6.18B YoY-9.2%	6.81B YoY+266.8%	1.86B YoY-0.5%
Long-term debt	2.03B YoY-23.5%	2.65B YoY+0.1%	2.64B YoY-26.9%	3.62B YoY-11.7%	4.10B YoY+502.1%	681M YoY-9.2%
Deferred revenue (non-current)	33.6M YoY+10.2%	30.5M YoY+19.6%	25.5M YoY+26.2%	20.2M YoY-20.2%	25.3M YoY+80.7%	14.0M YoY-21.8%
Non-current lease liability	135M YoY+22.9%	110M YoY-11.2%	123M YoY-2.0%	126M YoY-8.8%	138M YoY+18.5%	117M YoY-2.3%
Deferred tax liabilities	370M YoY+4.4%	354M YoY-14.8%	415M YoY-15.2%	490M YoY-21.7%	626M YoY+1503.8%	39.0M YoY-53.7%
Other non-current liabilities	516M YoY+35.6%	381M YoY-20.0%	476M YoY-13.0%	547M YoY-6.5%	585M YoY+55.8%	375M YoY+6.7%
	10.5B YoY+10.1%	9.55B YoY+3.6%	9.22B YoY+12.9%	8.17B YoY+7.2%	7.62B YoY+136.1%	3.23B YoY+18.9%
Preferred stock	0.00	0.00	0.00	0.00	0.00	0.00
Common stock	500K YoY+0.0%	500K YoY+0.0%	500K YoY+0.0%	500K YoY+0.0%	500K YoY+25.0%	400K YoY+0.0%
Additional paid-in capital	4.38B YoY-0.7%	4.41B YoY+0.2%	4.41B YoY+1.2%	4.35B YoY+0.8%	4.32B YoY+1007.2%	390M YoY+8.2%
Retained earnings	7.14B YoY+13.9%	6.27B YoY+15.0%	5.45B YoY+19.4%	4.56B YoY+20.9%	3.77B YoY+13.4%	3.33B YoY+13.7%
Treasury stock	585M YoY+100.1%	292M	0.00 YoY-100.0%	20.0M YoY-48.5%	38.8M YoY-34.8%	59.5M YoY-38.3%
Accumulated other comprehensive income	-425M YoY+49.4%	-840M YoY-32.5%	-634M YoY+12.7%	-727M YoY-69.0%	-430M YoY+0.0%	-430M YoY+9.6%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00	0.00
Total equity incl. non-controlling	2.57B YoY+0.0%	2.57B YoY+0.0%	2.57B YoY+0.0%	2.57B YoY+0.0%	2.57B YoY+0.0%	2.57B YoY+0.0%
Total liabilities & equity	15.3B YoY+7.6%	14.2B YoY-2.3%	14.5B YoY+1.2%	14.4B YoY-0.5%	14.4B YoY+183.8%	5.08B YoY+11.0%
Common shares issued	47.4M YoY-0.0%	47.4M YoY+0.2%	47.3M YoY+0.3%	47.2M YoY+0.0%	47.2M YoY+25.2%	37.7M YoY+0.0%
Common shares outstanding	46.2M YoY-1.1%	46.7M YoY-1.3%	47.3M YoY+0.9%	46.9M YoY+0.5%	46.7M YoY+26.4%	37.0M YoY+1.1%
Shares outstanding (cover)	47.0M YoY+0.7%	46.6M YoY-1.2%	47.2M YoY+0.7%	46.9M YoY+0.5%	46.7M YoY+26.5%	36.9M YoY+1.1%
Cash Flow	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
	1.19B YoY-0.1%	1.19B YoY+42.6%	836M YoY+71.8%	487M YoY-41.0%	825M YoY+33.2%	619M YoY+28.4%
Depreciation & amortization	336M YoY+8.5%	310M YoY-2.1%	316M YoY-4.8%	332M YoY-10.7%	372M YoY+220.0%	116M YoY+3.8%
Deferred income taxes	-58.6M YoY+40.3%	-98.1M YoY-0.7%	-97.4M	—	—	—
Change in inventory	42.8M YoY+311.5%	10.4M YoY-27.3%	14.3M YoY-90.8%	155M YoY+2317.1%	-7.00M YoY+87.1%	-54.3M YoY-345.1%
Change in payables	35.6M YoY+5.6%	33.7M YoY+127.0%	-125M YoY-372.1%	45.9M YoY-53.7%	99.1M YoY+314.0%	-46.3M YoY-256.4%
	-938M YoY-352.7%	-207M YoY-8.9%	-190M YoY-8.5%	-175M YoY+95.4%	-3.82B YoY-3747.4%	-99.4M YoY+82.6%
Capital expenditure	117M YoY+40.1%	83.7M YoY-27.2%	115M YoY+24.1%	92.6M YoY-8.9%	102M YoY+42.3%	71.4M YoY-19.2%
Acquisitions	821M YoY+564.0%	124M YoY+59.2%	77.7M YoY-22.0%	99.6M YoY-97.3%	3.72B YoY+12739.0%	29.0M YoY-94.0%
Other investing activities	-800K YoY-300.0%	-200K YoY+91.3%	-2.30M YoY+86.3%	-16.8M YoY-2700.0%	-600K YoY+40.0%	-1.00M YoY-100.0%
	-555M YoY+41.3%	-946M YoY-45.2%	-652M YoY-492.3%	-110M YoY-103.9%	2.81B YoY+4642.2%	-61.8M YoY-143.6%
Long-term debt repaid	—	—	—	185M	—	—
Common stock repurchased	403M YoY+13.8%	354M	0.00	0.00	—	—
Other financing activities	-10.1M YoY+2.9%	-10.4M YoY-131.1%	-4.50M YoY-136.8%	-1.90M YoY+91.4%	-22.0M	0.00 YoY+100.0%
FX effect on cash	4.40M YoY+111.8%	-37.4M YoY-335.2%	15.9M YoY+141.8%	-38.0M YoY-555.2%	-5.80M YoY-136.5%	15.9M YoY+211.8%
Net change in cash	-297M YoY-19926.7%	1.50M YoY-85.3%	10.2M YoY-93.8%	163M YoY+182.4%	-198M YoY-141.9%	474M YoY+730.9%
Interest paid	71.3M YoY-2.9%	73.4M YoY-16.5%	87.9M YoY+10.8%	79.3M YoY-32.3%	117M YoY+513.6%	19.1M YoY-18.4%
Income taxes paid	280M YoY+31.4%	213M YoY-31.9%	313M YoY+47.4%	212M YoY+154.1%	83.6M YoY+12.2%	74.5M YoY-32.3%
Valuation Ratios	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
Market cap	24.3B YoY+10.6%	22.0B YoY+4.3%	21.1B YoY+12.3%	18.7B YoY-8.0%	20.4B YoY+41.0%	14.5B YoY+14.0%
P/E	29.7× YoY+26.9%	23.4× YoY-12.2%	26.6× YoY+2.9%	25.9× YoY-47.2%	49.0× YoY+30.7%	37.5× YoY+11.9%
P/S	4.0× YoY+2.4%	3.9× YoY+5.7%	3.7× YoY+7.9%	3.5× YoY-31.2%	5.0× YoY+8.3%	4.6× YoY+13.0%
P/B	2.3× YoY-0.1%	2.3× YoY-4.6%	2.4× YoY-1.2%	2.4× YoY-11.2%	2.7× YoY-42.5%	4.8× YoY-3.0%
P/FCF	23.4× YoY-1.6%	23.7× YoY-9.5%	26.2× YoY-36.7%	41.4× YoY+38.1%	30.0× YoY-1.4%	30.5× YoY-14.2%
Earnings yield	3.4% YoY-21.2%	4.3% YoY+13.9%	3.8% YoY-2.8%	3.9% YoY+89.3%	2.0% YoY-23.5%	2.7% YoY-10.6%
FCF yield	4.3% YoY+1.6%	4.2% YoY+10.5%	3.8% YoY+57.9%	2.4% YoY-27.6%	3.3% YoY+1.5%	3.3% YoY+16.6%
Source filing	10-K	10-K	10-K	10-K	10-K	10-K

About this data

Source: TDY's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TDY filings on SEC EDGAR → Not investment advice.

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