TELEDYNE TECHNOLOGIES INC stock research
FY2025 Q4
TELEDYNE TECHNOLOGIES (TDY) Gross Margin — Quarter Ended Dec 28, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin was stable, showing a slight improvement from the prior quarter and the year-ago period.
Gross margin takeaway
Quarter ended Dec 28, 2025 · FY2025 Q4
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue also rose. Gross margin was stable, showing a slight improvement from the prior quarter and the year-ago period.
- The strongest observable driver of gross margin was the relationship between revenue growth and cost of revenue growth, with revenue increasing at a faster pace than cost of revenue compared to both the prior quarter and the year-ago quarter.
- Compared to the immediately preceding quarter, revenue, gross profit, and cost of revenue were all higher, and gross margin improved slightly. Compared to the same quarter one year earlier, revenue, gross profit, and cost of revenue were also higher, with gross margin showing a similar slight improvement.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
42.9%
Gross profit
$691.2M
Revenue
$1.6B
Cost of revenue
$921.1M
Quarter-over-quarter change
+0.0 pts
Year-over-year change
+0.1 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 |
|---|---|---|---|---|
| Mar 30, 2025 | $1.4B | $619.5M | $830.4M | 42.7% |
| Jun 29, 2025 | $1.5B | $644.6M | $869.1M | 42.6% |
| Sep 28, 2025 | $1.5B | $659.5M | $880.0M | 42.8% |
| Dec 28, 2025 | $1.6B | $691.2M | $921.1M | 42.9% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 28, 2025
+0.0 pts
Year-over-year change
Dec 29, 2024
+0.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable driver of gross margin was the relationship between revenue growth and cost of revenue growth, with revenue increasing at a faster pace than cost of revenue compared to both the prior quarter and the year-ago quarter.
Compared to the immediately preceding quarter, revenue, gross profit, and cost of revenue were all higher, and gross margin improved slightly. Compared to the same quarter one year earlier, revenue, gross profit, and cost of revenue were also higher, with gross margin showing a similar slight improvement.
Monitor the trend in cost of revenue relative to revenue, as any shift in this relationship could affect gross margin stability.