# Digital Imaging drives most of Teledyne's quarterly sales growth

Digital Imaging supplied about 81% of Teledyne's third-quarter sales increase, with little contribution from incremental acquired sales. The company raised its full-year non-GAAP earnings-per-share outlook.

Published 2026-10-22 by TGOs. Canonical: https://tgos.io/news/2026/10/22/digital-imaging-drives-most-of-teledynes-quarterly-sales-growth/

Teledyne's Digital Imaging sales rose 15% in the third quarter of 2026.[2] Companywide sales increased 9.4%.[1]

The segment supplied about 81% of Teledyne's sales increase. A recent acquisition contributed $5.5 million of Digital Imaging's $117.6 million sales increase.[2]

Executive Chairman Robert Mehrabian said organic growth accelerated in the segment, led by infrared detectors and subsystems for space and unmanned applications.[1] The segment's higher infrared sales were for both defense and commercial applications.[2]

Growth was slower in Aerospace and Defense Electronics, where sales rose 4.3%, compared with 8.2% year-over-year growth in the second quarter.[2][4] Defense electronics sales increased $16.5 million from a year earlier, partly offset by a $4.6 million decline in aerospace electronics.[2]

On Oct. 21, Teledyne raised its full-year 2026 non-GAAP earnings-per-share outlook.[1] The company now expects $25.40 to $25.50 per share.[1] That follows increases in April and July.[3][5]

## Why it matters

Digital Imaging's GAAP operating income rose 48.1%, primarily reflecting higher sales and favorable product mix, Teledyne said.[2] Its non-GAAP operating margin reached 25.4%, compared with 21.7% a year earlier. The second-quarter margin was 25.0%.

## Sources

1. Teledyne Technologies Reports Third Quarter Results, Oct. 21, 2026 <https://www.teledyne.com/en-us/news/Pages/teledyne-technologies-reports-third-quarter-results-20261021.aspx>
2. Teledyne third-quarter 2026 earnings release (PDF) <https://www.teledyne.com/en-us/investors/Documents/2026q3-teledyne-earnings-release.pdf>
3. Teledyne Technologies Reports Second Quarter Results, July 22, 2026 <https://www.teledyne.com/en-us/news/Pages/teledyne-technologies-reports-second-quarter-results-20260722.aspx>
4. Teledyne second-quarter 2026 earnings release (PDF) <https://www.teledyne.com/en-us/investors/Documents/2026q2-teledyne-earnings-release.pdf>
5. Teledyne Technologies Reports First Quarter Results, April 22, 2026 <https://www.teledyne.com/en-us/news/Pages/teledyne-technologies-reports-first-quarter-results-20260422.aspx>
