TELEDYNE TECHNOLOGIES INC stock research
FY2022 Q4
TELEDYNE TECHNOLOGIES (TDY) Gross Margin — Quarter Ended Jan 1, 2023
Revenue was stable compared to both the prior quarter and the same quarter last year. Gross profit increased, leading to an improved gross margin versus both periods.
Gross margin takeaway
Quarter ended Jan 1, 2023 · FY2022 Q4
Revenue was stable compared to both the prior quarter and the same quarter last year. Gross profit increased, leading to an improved gross margin versus both periods.
- The increase in gross profit relative to revenue was the primary factor behind the margin improvement.
- Gross margin strengthened from the prior quarter and from the year-ago quarter, as gross profit grew while revenue remained level.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
43.5%
Gross profit
$616.9M
Revenue
$1.4B
Cost of revenue
$801.3M
Quarter-over-quarter change
n/a
Year-over-year change
+3.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jan 1, 2023 | $1.4B | $616.9M | $801.3M | 43.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Previous quarter unavailable
n/a
Year-over-year change
Jan 2, 2022
+3.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The increase in gross profit relative to revenue was the primary factor behind the margin improvement.
Gross margin strengthened from the prior quarter and from the year-ago quarter, as gross profit grew while revenue remained level.
Monitor the sequential increase in cost of revenue, as it rose from the prior quarter.