Teledyne's second quarter revenue grew 9.8% and EPS beat estimates, leading to a raised full-year 2026 outlook.

Teledyne reported record second quarter 2026 results, with net sales of $1.66 billion and non-GAAP diluted EPS of $6.28. These figures represent year-over-year growth of 9.8% and 20.8%, respectively, and surpassed consensus estimates.

Key Highlights

• Reported all-time record quarterly orders, sales, and operating profit, ending the quarter with a funded backlog of approximately $5.0 billion.
• The Digital Imaging segment saw revenue increase 12.7% year-over-year to $868.7 million, with non-GAAP operating income up 31.2%, addressing a key area of investor focus.
• Raised its full-year 2026 non-GAAP diluted EPS outlook to a range of $24.45 to $24.65, up from the prior outlook of $23.85 to $24.15.