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Teledyne Technologies TDY Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price

Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price at other companies

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$13.8M+3,550%
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Other financials

Income statement

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Revenue$1.7B+9.8%
Gross profit$738.1M+14.5%
Operating income$333.2M+19.8%
Net income$251.7M+19.9%
EPS (diluted)$5.37+21.2%

Balance sheet

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Cash & equivalents$340.1M+9.4%
Total debt$2.0B-22.6%
Total equity$10.9B+5.2%
Total assets$15.3B+1.0%

Cash flow

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Operating cash flow$315.2M+39.1%
CapEx$30.5M+0.7%
Free cash flow$284.7M+45.0%

Valuation

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Market cap$31.69B+23.8%
Enterprise value$33.38B+19.6%
P/E32.5×+2.7×
P/S+0.6×

Profitability

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Gross margin43.3%+0.6pp
Operating margin19.4%+1.8pp
Net margin15.3%+0.8pp
FCF margin17.9%+1.8pp

Returns & leverage

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Return on equity9.2%+0.4pp
Debt / equity0.2×-0.1×
Current ratio2.2×+0.5×

Where this comes from

Reported directly by Teledyne Technologies in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice.

The source filing: Teledyne Technologies’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 5:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001094285-26-000043

The net aggregate effects of these changes in estimates on contracts accounted for under the cost-to-cost method in the first six months of 2026 was $22.4 million of favorable operating income compared with $1.9 million of favorable operating income in the first six months of 2025, with the first six months of 2026 primarily related to favorable changes within the Digital Imaging segment. None of the effects of changes in estimates on any individual contract were material to the condensed consolidated statements of income (loss) for any period presented.

Item 1. Financial Statements

FAQ

What is Teledyne Technologies's contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price?
Teledyne Technologies (TDY) reported contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price of $13.8M in Q2 2026.
How has Teledyne Technologies's contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price changed year-over-year?
Teledyne Technologies's contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price increased by 3550.0% year-over-year, from -$400K to $13.8M.
What is the long-term trend for Teledyne Technologies's contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price?
Over 2 years (2023 to 2025), Teledyne Technologies's contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price has grown at a 85.3% compound annual growth rate (CAGR), from $3.7M to -$12.7M.
What does contract with customer, liability, cumulative catch-up adjustment to revenue, change in estimate of transaction price mean?
Represents the cumulative catch-up adjustment to revenue resulting from changes in the estimated transaction price for long-term contracts. This reflects revisions to total expected consideration, often due to changes in scope, performance obligations, or variable consideration estimates.

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