Teleflex (TFX) Q3 FY2026 earnings: revenue $568 million, up 0.1% on the year

Teleflex Inc. (TFX) reported revenue of $568 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.1% on the same quarter a year earlier. Net income was $927 million, and diluted earnings per share $22.28. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$568 million

+0.1% on the year · -0.4% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

18.6%

-11.0% a year earlier

Q4 FY2024Q3 FY2026

Net income

$927 million

+830.3% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$22.28

+877.2% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 raised, 3 lowered, 1 kept.

Revenue up 3.0% at constant currency: Revenue was $567.8 million, up 0.2% reported and 3.0% on a pro forma adjusted constant currency basis. Currency impact was (0.2)% and adjustment impact (2.6)% in the consolidated table.
Adjusted EPS rose to $2.63: Adjusted diluted EPS from continuing operations was $2.63, against $1.89 a year earlier. Management said the growth holds when IEEPA tariff refunds are excluded.
Vascular and Surgical grew mid-single digits: Vascular revenue was $243.5 million, up 4.6% at constant currency. Surgical revenue was $114.0 million, up 5.1%. Management described both as mid-single-digit growth.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	568	570	567	-0.4%	+0.1%
Cost of revenue	199	239	275	-16.6%	-27.6%
Gross profit	369	332	292	+11.2%	+26.3%
Gross margin	65.0%	58.2%	51.5%
Research and development	43.0	45.1	44.3	-4.7%	-2.9%
Selling, general and administrative	221	214	207	+3.4%	+6.4%
Operating income	105	72.8	-62.4	+44.8%
Operating margin	18.6%	12.8%	-11.0%
Interest expense	21.2	28.0	31.8	-24.1%	-33.4%
Pre-tax income	83.1	45.1	-92.4	+84.2%
Income tax	28.8	3.4	-34.0	+754.4%
Effective tax rate	34.7%	7.5%	n/a
Net income	927	99.7	-409	+830.3%
Net margin	163.3%	17.5%	-72.1%
Diluted EPS	$22.28	$2.28	-$9.24	+877.2%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Capital expenditure	21.6	14.0	29.9	+54.0%	-27.8%
Cash from investing	n/a	n/a	-768
Cash from financing	-1,514	-82.0	756
Depreciation and amortisation	51.6	49.8	48.7	+3.5%	+6.0%
Share-based compensation	6.3	5.4	8.0	+15.2%	-22.0%
Buybacks	305	250	0.0	+22.0%
Dividends paid	13.9	14.8	15.0	-5.8%	-7.4%
Dividend per share	$0.34	$0.34	$0.34	0.0%	0.0%
Diluted shares, weighted	42m	44m	44m	-4.7%	-5.9%
Shares outstanding at period end	40m	42m	44m	-6.4%	-10.3%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	3,494	2,905	3,822	+20.3%	-8.6%
Debt	1,619	2,808	2,672	-42.3%	-39.4%
Operating lease liabilities	161	175	97.7	-7.9%	+65.0%
Other liabilities	1,074	899	1,281	+19.4%	-16.2%
Total liabilities and equity	6,348	6,787	7,872	-6.5%	-19.4%
Fixed assets	470	476	701	-1.1%	-32.9%
Goodwill	2,288	2,292	2,538	-0.2%	-9.8%
Intangible assets	1,405	1,449	2,410	-3.0%	-41.7%
Cash and equivalents	430	300	354	+43.4%	+21.6%
Receivables	380	365	593	+4.1%	-35.9%
Inventory	384	352	802	+9.2%	-52.1%
Other assets	990	1,553	474	-36.3%	+108.8%
Total assets	6,348	6,787	7,872	-6.5%	-19.4%

Questions

What was Teleflex's revenue in Q3 FY2026?

Teleflex (TFX) reported revenue of $568 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.1% on the same quarter a year earlier.

How much did Teleflex earn in Q3 FY2026?

Net income for Q3 FY2026 was $927 million, and diluted earnings per share $22.28.

When did Teleflex report Q3 FY2026 results?

Teleflex filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024 †	Q2 FY2024 †	Q3 FY2024 †	Q4 FY2024	Q1 FY2025 †	Q2 FY2025 †	Q3 FY2025 †	Q4 FY2025	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	762	642	705	687	758	711	743	746	774	413	419	426	442	414	443	567	569	548	570	568
Cost of revenue	342	295	316	313	336	320	335	330	342	322	333	334	355	159	177	275	262	241	239	199
Gross profit	420	346	389	374	422	391	408	416	431	257	252	260	269	255	266	292	307	307	332	369
Gross margin	55%	54%	55%	54%	56%	55%	55%	56%	56%	62%	60%	61%	61%	62%	60%	52%	54%	56%	58%	65%
R&D	35.8	36.4	36.9	37.8	42.8	41.5	39.4	37.6	35.9	37.3	41.1	38.7	44.6	25.3	26.5	44.3	48.7	44.4	45.1	43.0
SG&A	228	204	217	210	233	233	223	213	261	243	251	247	255	153	138	207	222	226	214	221
Operating income	155	104	135	132	129	115	144	165	82.5	-71.8	51.1	72.0	52.4	75.8	91.1	-62.4	13.9	20.2	72.8	105
Operating margin	20%	16%	19%	19%	17%	16%	19%	22%	11%	-17%	12%	17%	12%	18%	21%	-11%	2%	4%	13%	19%
Interest expense	12.0	10.4	11.4	13.4	19.1	18.3	17.8	23.2	25.8	22.7	21.2	21.1	18.6	18.5	21.7	31.8	28.1	25.7	28.0	21.2
Pre-tax income	143	93.3	124	119	109	97.5	127	150	60.0	-25.8	97.5	131	-127	58.8	70.7	-92.4	-12.4	-3.8	45.1	83.1
Tax rate	11%	17%	15%	15%	29%	21%	12%	8%	48%	n/a	18%	15%	n/a	11%	4%	n/a	n/a	n/a	7%	35%
Net income	128	77.1	106	102	78.6	76.7	111	137	31.1	15.3	80.0	111	-137	95.0	123	-409	-714	-8.2	99.7	927
Net margin	17%	12%	15%	15%	10%	11%	15%	18%	4%	4%	19%	26%	-31%	23%	28%	-72%	-126%	-1%	17%	163%
Diluted EPS	$2.69	$1.63	$2.23	$2.16	$1.66	$1.62	$2.35	$2.90	$0.66	$0.32	$1.69	$2.36	-$2.93	$2.07	$2.77	-$9.24	-$16.15	-$0.18	$2.28	$22.28
Capital expenditure	19.5	13.1	19.4	20.2	26.5	21.8	17.5	24.4	27.7	38.4	34.8	21.2	32.0	24.1	34.6	29.9	n/a	18.8	14.0	21.6
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	0.0	200	0.0	300	0.0	0.0	0.0	0.0	250	305
Dividends paid	15.9	15.9	15.9	15.9	15.9	16.0	16.0	16.0	16.0	16.0	16.0	15.8	15.7	15.2	15.0	15.0	15.0	15.1	14.8	13.9
Shares outstanding	47m	47m	47m	47m	47m	47m	47m	47m	47m	47m	47m	46m	44m	44m	44m	44m	44m	44m	42m	40m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.