Teledyne Technologies Incorporated
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Teledyne Technologies Incorporated (TDY). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Digital Imaging | $986.0M 31.9% | $2.41B 52.3% · +144.7% | $3.11B 57.0% · +28.9% | $3.14B 55.8% · +1.1% | $3.07B 54.2% · -2.3% | $3.16B 51.7% · +3.0% |
| Instrumentation | $1.09B 35.5% | $1.17B 25.3% · +6.6% | $1.25B 23.0% · +7.5% | $1.33B 23.5% · +5.8% | $1.38B 24.4% · +4.3% | $1.46B 23.8% · +5.4% |
| Aerospace and Defense Electronics | $589.4M 19.1% | $628.7M 13.6% · +6.7% | $682.4M 12.5% · +8.5% | $726.5M 12.9% · +6.5% | $776.8M 13.7% · +6.9% | $1.06B 17.3% · +36.3% |
| Engineered Systems | $416.3M 13.5% | $405.8M 8.8% · -2.5% | $411.3M 7.5% · +1.4% | $438.7M 7.8% · +6.7% | $439.8M 7.8% · +0.3% | $435.7M 7.1% · -0.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Digital Imaging | $192.8M 19.6% | $325.6M 13.5% | $519.3M 16.7% | $517.4M 16.5% | $442.0M 14.4% | $528.2M 16.7% |
| Instrumentation | $213.2M 19.5% | $253.7M 21.7% | $295.3M 23.5% | $338.3M 25.5% | $370.3M 26.8% | $400.4M 27.5% |
| Aerospace and Defense Electronics | $80.8M 13.7% | $133.2M 21.2% | $184.1M 27.0% | $199.6M 27.5% | $221.7M 28.5% | $262.1M 24.8% |
| Engineered Systems | $50.1M 12.0% | $48.6M 12.0% | $39.2M 9.5% | $44.7M 10.2% | $32.9M 7.5% | $46.6M 10.7% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $2.90B 51.4% | $2.94B 51.8% · +1.5% | $3.18B 52.0% · +8.3% |
| Europe | $1.33B 23.6% | $1.36B 23.9% · +1.7% | $1.53B 25.0% · +12.6% |
| Asia | $946.8M 16.8% | $897.6M 15.8% · -5.2% | $894.4M 14.6% · -0.4% |
| All other | $460.6M 8.2% | $478.4M 8.4% · +3.9% | $512.4M 8.4% · +7.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.