TDYTeledyne Technologies
Teledyne Technologies Incorporated is a Delaware corporation that provides enabling technologies to sense, analyze and distribute information for industrial growth markets that require advanced technology and high reliability. 10-K, Item 1
- Headquarters
- Thousand Oaks, CA
- Next results
- around Jan 20, 2027
4 paragraphs in Risk Factors of the 10-K filed Feb 20, 2026 with nothing like them in the 10-K filed Feb 21, 2025. Quoted exactly. Paragraphs that were only edited are under 10-K change.
Compared with the Risk Factors in the latest 10-K of the other 74 Technology companies: a paragraph with at least half its words the same at another company is called similar, and the companies are listed under it. A paragraph most of them have is marked boilerplate. No line means no other company has one like it. This counts text; it does not say how serious a risk is.
Low-cost competition from China and other developing countries could also result in decreased demand for our products.
Read in the 10-K ↗
In January 2026, the President issued an executive order that imposes obligations on U.S. defense contractors, including immediately prohibiting any “major defense contractor” from conducting future stock buybacks or issuing dividends at the expense of accelerated procurement and increased production capacity. The executive order also orders a historical review of defense contractor performance and directs the Secretary of War to develop and implement additional provisions related to prohibition of stock buybacks and corporate distributions, prohibition on the use of certain metrics in determining executive compensation and authorizing the U.S. Government to cap executive base salaries. At this time, it is unclear the extent to which the executive order will apply to us and significant uncertainties exist as to how the executive order will be implemented and interpreted. Depending on its implementation and application to us, the executive order could have a material adverse impact on our ability to make stock repurchases or issue dividends and continue to attract and retain executive talent.
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•instability in the Middle East and oil-producing regions of Latin America, including Venezuela;
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Attempts by malicious actors to gain unauthorized access to our information technology systems have become more sophisticated and are sometimes successful. These attempts, which might be related to industrial or foreign government espionage, crime, activism, or other motivations, include covertly introducing malware into our computers and computer networks, performing reconnaissance, impersonating authorized users, extortion, fraud, and stealing, corrupting or restricting our access to data, among other activities. We have in the past experienced cyber-attacks including some loss of confidentiality and some loss of availability and integrity, although these attacks have not had material impact on our business. Our customers and suppliers have also experienced successful cyber-attacks, which in some cases resulted in payments by or to us being
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New in the latest 10-Q
7 paragraphs in the 10-Q filed Oct 23, 2026 with nothing like them in the 10-Q filed Jul 24, 2026 (at least half the words must differ; new numbers alone do not count). Quoted exactly, grouped by the item heading above them. This is text that changed, not a judgement of how serious it is.
Financial statements and notes
FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 27, 2026 AND SEPTEMBER 28, 2025
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FOR THE THIRD QUARTER AND NINE MONTHS ENDED SEPTEMBER 27, 2026 AND SEPTEMBER 28, 2025
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On August 10, 2026, Teledyne and Varex Imaging Corporation (“Varex”) entered into a definitive agreement under which Teledyne will acquire Varex in a cash transaction valued at approximately $ 1.1 billion, which considers Varex’s outstanding equity awards and net debt. The Company plans to fund the Varex acquisition from cash on hand as well as available borrowings under its credit facility. The transaction is expected to close in early 2027 and is subject to customary closing conditions, including regulatory approvals and approval by Varex’s stockholders. After close, Varex will be included within the Digital Imaging segment. Prior to entering into the agreement, Teledyne acquired approximately 1.3 million shares of Varex for $ 13.9 million, and during the third quarter of 2026, Teledyne recorded a $ 10.6 million gain within Other income (expense), net, related to adjusting these shares to the market price at the end of the quarter. As of September 27, 2026, the investment in Varex is included within prepaid expenses and other current assets on the condensed consolidated balance sheet. Given its immateriality, other disclosures relating to this investment are not provided.
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See Note 7 to these condensed consolidated financial statements for information regarding financing activities undertaken in connection with the pending acquisition.
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Balance at September 27, 2026 December 28, 2025 Raw materials and supplies $ 782.9 $ 648.9 Work in process 245.8 210.0 Finished goods 191.6 184.4 Total inventories, net $ 1,220.3 $ 1,043.3
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Share sales and buybacks
The following table sets forth the shares repurchased during each fiscal month during the third quarter of 2026:
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(a) On July 22, 2025, the Company’s Board of Directors authorized a new stock repurchase program to repurchase up to $2.0 billion of the Company’s common stock. The authorized stock repurchase program does not have a stated expiration date.
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The 10-Q's risk factors against the 10-K
Item 1A of the 10-Q filed Oct 23, 2026 against Item 1A of the 10-K filed Feb 20, 2026.
A 10-Q repeats only the risks that changed, so a 10-K paragraph that is missing from it is not counted as removed.
Added is a paragraph with nothing like it in the 10-K, Reworded a sentence that is in both with several words changed,
Quiet changes a sentence in both where one to four words changed and one is a hedge or a modal
(cut words struck through, new words highlighted and underlined).
Text on the page, not a score; each links to the filing at sec.gov.
What the 10-Q itself says about its risk factors:
Read in the 10-Q ↗
There are no material changes to the risk factors previously disclosed in our 2025 Form 10-K in response to Item 1A. to Part I of Form 10-K. See also Part I Item 2., Management’s Discussion and Analysis of Financial Condition and Results of Operations for additional information regarding the global trade environment, conflicts in the Middle East, U.S. Government shutdowns and foreign currency exchange rate risks.
1 paragraph in the 10-Q's Item 1A, and none of them adds, rewords or quietly edits a paragraph of the 10-K's.
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