Teleflex Incorporated (TFX) Income Statement
TFX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTFX revenue and net income
Where TFX's revenue goes
2025Each bar shows an amount and its share of revenue. TFX kept −45.4% of revenue as net income.
TFX profit margins
TFX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −34.6% | −10.6% | −4.7% | +1.0% |
| Gross profit | −34.2% | −9.9% | −3.3% | +1.7% |
| Operating income | +69.4% | −20.0% | −9.6% | −2.1% |
| Net income | −1,399.8% | — | — | — |
| EPS (diluted) | −12.6% | −2.1% | +2.8% | +6.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TFX quarterly EPS vs estimates
Teleflex beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $1.92).
TFX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $3.05B | $2.97B | $2.79B | $2.81B | $2.54B | $2.60B | $2.45B | $2.15B | $1.87B |
| Cost of revenue | $872.0M | $1.34B | $1.33B | $1.26B | $1.26B | $1.21B | $1.19B | $1.06B | $974.5M | $871.8M |
| Gross profit | $1.12B | $1.70B | $1.65B | $1.53B | $1.55B | $1.32B | $1.41B | $1.38B | $1.17B | $996.2M |
| Research & development | $144.8M | $161.7M | $154.4M | $153.8M | $130.8M | $119.7M | $113.9M | $106.2M | $84.8M | $58.6M |
| Sales, general & admin | $720.2M | $995.3M | $902.6M | $863.7M | $860.1M | $743.6M | $934.4M | $878.7M | $700.0M | $563.3M |
| Total operating expenses | $865.0M | $1.55B | $1.14B | $1.03B | $921.5M | $901.8M | $981.8M | $984.9M | $784.7M | $621.9M |
| Operating income | $255.8M | $151.0M | $506.3M | $499.7M | $628.1M | $423.1M | $427.3M | $321.7M | $372.3M | $319.5M |
| Interest income | $6.4M | $8.0M | $9.8M | $53.4M | $55.6M | $1.2M | $1.7M | $944,000 | $771,000 | $474,000 |
| Interest expense | $100.2M | $83.5M | $85.1M | $54.3M | $57.0M | $66.5M | $80.3M | $103.0M | $82.5M | $54.9M |
| Income before taxes | $24.6M | $75.5M | $434.0M | $445.9M | $559.5M | $357.7M | $339.9M | $219.6M | $284.9M | $245.7M |
| Income taxes | −$34.0M | $5.3M | $76.4M | $83.0M | $74.3M | $21.9M | −$122.1M | $23.2M | $129.6M | $8.1M |
| Net income | −$905.6M | $69.7M | $356.3M | $363.1M | $485.4M | $335.3M | $461.5M | $200.8M | $152.5M | $237.4M |
| EBITDA | $302.5M | $433.6M | $761.2M | $730.8M | $853.8M | $651.5M | $634.2M | $532.6M | $522.7M | $418.6M |
| EPS (diluted) | $12.24 | $14.01 | $13.52 | $13.06 | $13.33 | $10.67 | $11.15 | $9.91 | $8.40 | $7.34 |
| Gross margin | 56.2% | 55.9% | 55.4% | 54.9% | 55.2% | 52.2% | 54.3% | 56.5% | 54.6% | 53.3% |
| Operating margin | 12.8% | 5.0% | 17.0% | 17.9% | 22.4% | 16.7% | 16.5% | 13.1% | 17.3% | 17.1% |
| Net margin | −45.4% | 2.3% | 12.0% | 13.0% | 17.3% | 13.2% | 17.8% | 8.2% | 7.1% | 12.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $570.3M | $548.3M | $569.0M | $913.0M | $780.9M | $700.7M | $795.4M | $764.4M | $749.7M | $737.8M | $773.9M | $746.4M |
| Cost of revenue | $238.6M | $240.8M | $261.5M | $461.4M | $349.8M | $311.2M | $355.5M | $334.2M | $333.2M | $321.7M | $342.5M | $330.1M |
| Gross profit | $331.7M | $307.4M | $307.4M | $451.6M | $431.1M | $389.4M | $439.9M | $430.2M | $416.5M | $416.1M | $431.4M | $416.3M |
| Research & development | $45.1M | $44.4M | $48.7M | $57.2M | $38.5M | $36.4M | $44.6M | $38.7M | $41.1M | $37.3M | $35.9M | $37.6M |
| Sales, general & admin | $213.5M | $226.0M | $614,000 | $281.8M | $215.1M | $222.7M | $254.6M | $247.3M | $250.6M | $381.0M | $260.7M | $213.2M |
| Total operating expenses | $271.5M | $287.2M | $271.1M | $481.3M | $275.8M | $263.9M | $550.3M | $280.9M | $299.6M | $420.9M | $348.9M | $251.0M |
| Operating income | $60.3M | $20.2M | $36.3M | −$29.7M | $155.3M | $125.6M | −$110.4M | $149.3M | $116.9M | −$4.8M | $82.5M | $165.3M |
| Interest income | $1.4M | $1.7M | $680,000 | $2.2M | $1.6M | $1.9M | $2.3M | $2.3M | $1.8M | $1.7M | $3.3M | $7.5M |
| Interest expense | $28.0M | $25.7M | $28.1M | $37.6M | $21.7M | $18.5M | $18.6M | $21.1M | $21.2M | $22.7M | $25.8M | $23.2M |
| Income before taxes | $45.1M | −$3.8M | −$12.4M | −$438.6M | $135.2M | $108.9M | −$126.8M | $130.6M | $97.5M | −$25.8M | $60.0M | $149.6M |
| Income taxes | $3.4M | $1.0M | −$8.9M | −$29.7M | $12.7M | $13.8M | $9.9M | $19.6M | $17.3M | −$41.6M | $28.8M | $11.9M |
| Net income | $102.0M | −$8.2M | −$714.3M | −$408.9M | $122.6M | $95.0M | −$136.7M | $111.0M | $80.0M | $15.3M | $31.1M | $137.1M |
| EBITDA | $122.9M | $25.9M | $15.7M | −$323.0M | $222.7M | $194.8M | −$36.3M | $220.2M | $186.8M | $62.9M | $150.0M | $230.4M |
| EPS (diluted) | $1.76 | $1.39 | $1.93 | $3.67 | $3.73 | $2.91 | $3.89 | $3.49 | $3.42 | $3.21 | $3.38 | $3.64 |
| Gross margin | 58.2% | 56.1% | 54.0% | 49.5% | 55.2% | 55.6% | 55.3% | 56.3% | 55.6% | 56.4% | 55.7% | 55.8% |
| Operating margin | 10.6% | 3.7% | 6.4% | −3.3% | 19.9% | 17.9% | −13.9% | 19.5% | 15.6% | −0.6% | 10.7% | 22.1% |
| Net margin | 17.9% | −1.5% | −125.5% | −44.8% | 15.7% | 13.6% | −17.2% | 14.5% | 10.7% | 2.1% | 4.0% | 18.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TFX's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TFX financial results
In fiscal year 2025 (ended December 31, 2025), Teleflex reported revenue of $2.0 billion, down 34.6% from the year before. It had a net loss of $905.6 million, a net profit margin of −45.4%. Diluted earnings per share came to $12.24. Over five years revenue grew at an average rate of −4.7% a year.
See the TFX stock overview for the latest quote and news, or the TFX chart for price history and technical indicators.
TFX income statement FAQ
What is Teleflex's annual revenue?
Teleflex reported total revenue of $2.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 34.6% from $3.0 billion the previous year.
Is Teleflex profitable?
No. Teleflex reported a net loss of $905.6 million in fiscal 2025, a net profit margin of −45.4%; its operating margin was 12.8%.
What is Teleflex's gross margin?
Teleflex's gross margin was 56.2% in fiscal 2025: for every $100 of revenue, Teleflex kept $56 after the direct cost of its products and services.
How much does Teleflex spend on research and development?
Teleflex spent $144.8 million on research and development in fiscal 2025, 7.3% of revenue.
How fast is Teleflex growing?
Revenue grew −4.7% a year on average over the last five fiscal years, from $2.5 billion to $2.0 billion.
What are Teleflex's earnings per share?
Teleflex earned $12.24 per diluted share in fiscal 2025, compared with $14.01 a year earlier.
When will Teleflex report its next earnings?
Teleflex is expected to report results for the quarter ending September 30, 2026 on November 5, 2026.
When does Teleflex's fiscal year end?
Teleflex's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.