Teleflex Incorporated (TFX) Q2 2026 Earnings Call Transcript
Teleflex Incorporated (TFX) Q2 2026 Earnings Call Transcript

Teleflex Incorporated is a global medical technology company dedicated to designing, developing, manufacturing, and distributing single-use medical devices. These products are crucial ...
Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer
$1.36 per share
Est. EPS $1.90 · Revenue $565.37M · 9 analysts
Est. EPS $2.18 · Revenue $584.24M · 9 analysts
Est. EPS $7.20 · Revenue $2.27B · 8 analysts
$1.36 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $2.0B | -34.6% | +4.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-905.6M | -1399.8% | +1351.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +56.2% | +0.7% | +3.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +12.8% | +159.0% | +187.0% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -45.4% | -2087.7% | +1302.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $245.4M | -51.8% | +145.9% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +12.3% | -26.3% | +136.4% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 87.2% | +112.6% | +13.6% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.54x | +12.3% | +1.9% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $6.9B | -2.1% | +0.1% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -20.25 vs 14.02 | -244.5% | 2.28 vs 1.90 | +20.0% |
| Revenue Surprise | $2.0B vs $3.3B | -39.6% | $570.3M vs $565.4M | +0.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 8, 2026 | RANDLE STUART A | director | Common Stock | A | 4,663 | — |
| Jun 8, 2026 | RANDLE STUART A | director | Common Stock | A | 995 | — |
| Jun 8, 2026 | RANDLE STUART A | director | Stock Option / (Right to Buy) | A | 2,192 | $131.74 |
| Jun 8, 2026 | Weidman Jason R. | director, officer: President and CEO | Common Stock | A | 53,983 | — |
| Jun 8, 2026 | Weidman Jason R. | director, officer: President and CEO | Stock Option / (Right to Buy) | A | 26,071 | $131.74 |
Operator: Good morning, ladies and gentlemen, and welcome to the Teleflex Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded and will be available on the company's website for replay shortly. And now I'll turn the call over to Mr. Lawrence Keusch. Vice President of Investor Relations and Strategy Development. Please go ahead. Lawrence Keusch: Good morning, everyone, and welcome to the Teleflex Incorporated Second Quarter 2026 Earnings Conference Call. The press release and slides to accompany this call are available on our website at teleflex.com. As a reminder, a replay will be available on our website. Those wishing to access the replay can refer to our press release from this morning for details. Participating on today's call are Jason Weidman, President and Chief Executive Officer; and John Deren, Executive Vice President and Chief Financial Officer. Jason and John will provide prepared remarks, and then we will open the call to Q&A. Before we begin, I'd like to remind you that some of the matters discussed in the conference call will contain forward-looking statements regarding future events as outlined in the slides posted to the Investor Relations section of the Teleflex website. We wish to caution you that such statements are, in fact, forward-looking in nature and are subject to risks and uncertainties, and actual events or results may differ materially. The factors that could cause actual results or events to differ materially include, but are not limited to, factors referenced in our press release today as well as our filings with the SEC, including our Form 10-K which can be accessed on our website. Now I'll turn the call over to Jason for his remarks. Jason Weidman: Thank you, Larry, and good morning, everyone. Let me begin by saying it's been a great start to my time at Teleflex. Over the past 2 months, I've really focused on learning our business, our products and our organization. This has meant considerable time visiting many of our sites around the globe, meeting with employees across the organization, engaging with customers and physicians and reviewing the company's portfolio, operating priorities and long-term growth opportunities. While it's still early, a couple of things have stood out immediately to me. Our employees are fantastic. They're dedicated. There's real pride and belief in what we do for patients, and they're eager to build on our accomplishments and drive execution. Second is the strength of Teleflex's underlying businesses, we have great products with market-leading positions in many important categories, strong brands and a substantial global commercial footprint. My initial observations have also reinforced my belief that there is substantial opportunity ahead for Teleflex and that we have the right foundation to capture this potential. We remain focused on executing key initiatives underway, including completing the announced …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
John R. Deren | Executive Vice President & Chief Financial Officer | USD 824,600 | Male | 1968 | Active |
Daniel V. Logue | Corporate Vice President, General Counsel & Secretary | USD 694,888 | Male | 1974 | Active |
Cameron Hicks | Corporate Vice President of Human Resources & Communications | USD 664,042 | Male | 1965 | Active |
Stuart A. Randle | CEO, Interim President & Director | USD 113,500 | Male | 1960 | Active |
Jake Newman | President & GM of Vascular and Emergency Medicine | — | Male | — | Active |
Jason Weidman | President, CEO & Director | — | Male | — | Active |
Howard Cyr | Corporate Vice President & Chief Compliance Officer | — | Male | — | Active |
James Ferguson | President & GM of Surgical | — | Male | — | Active |
Lawrence Soren Keusch | Vice President of Investor Relations & Strategy Development | — | Male | — | Active |
Matthew James | President & GM of Interventional | — | Male | — | Active |
Matt Tomkin | Vice President of Corporate Development | — | Male | — | Active |
Timothy F. Duffy | Vice President & Chief Information Officer | — | Male | — | Active |
Teleflex Incorporated (TFX) Q2 2026 Earnings Call Transcript

While the top- and bottom-line numbers for Teleflex (TFX) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Teleflex (TFX) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $3.73 per share a year ago.

WAYNE, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX) announced today that its Board of Directors declared a quarterly cash dividend of thirty-four cents ($0.34) per share of common stock. The dividend is payable September 30, 2026, to shareholders of record at the close of business on August 14, 2026. About Teleflex Incorporated As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people's lives. Through our vision to bec.

WAYNE, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX) (the “Company”) today announced financial results for the second quarter ended June 30, 2026. Second quarter 2026 continuing operations financial summary1 Revenue from continuing operations of $570.3 million, up 28.9% compared to the prior year period, and up 4.7% on a pro forma adjusted constant currency basis1,2 GAAP diluted EPS from continuing operations of $0.96, compared to $1.54 in the prior year period Adjusted diluted EPS fr.
