Company: TDY
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0001094285-25-000140
Chunk: 20

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-10-24
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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Item 1.    Financial Statements

TELEDYNE TECHNOLOGIES INCORPORATED

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)

FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 28, 2025 AND SEPTEMBER 29, 2024 

(Unaudited — Amounts in millions, except per share amounts)

Third QuarterNine Months 2025202420252024Net sales$1,539.5 $1,443.5 $4,503.1 $4,167.7 Costs and expensesCost of sales880.0 823.9 2,579.5 2,375.6 Selling, general and administrative238.2 226.1 701.5 670.6 Research and development83.4 73.0 240.1 221.2 Acquired intangible asset amortization 55.1 49.8 161.7 148.3 Total costs and expenses1,256.7 1,172.8 3,682.8 3,415.7 Operating income (loss)282.8 270.7 820.3 752.0 Interest and debt income (expense), net(12.6)(15.7)(47.5)(44.2)Non-service retirement benefit income (expense), net2.7 2.8 8.2 8.2 Other income (expense), net0.9 (2.7)(7.7)(3.7)Income (loss) before income taxes273.8 255.1 773.3 712.3 Provision (benefit) for income taxes52.9 (7.1)153.2 90.7 Net income (loss) including noncontrolling interest220.9 262.2 620.1 621.6 Less: Net income (loss) attributable to noncontrolling interest0.2 0.2 0.9 0.9 Net income (loss) attributable to Teledyne$220.7 $262.0 $619.2 $620.7 Basic earnings per common share$4.71 $5.61 $13.23 $13.18 Weighted average common shares outstanding46.9 46.7 46.