Filing Flows › Teleflex (TFX) › Q1 2026
Teleflex (TFX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Teleflex (TFX) reported revenue of $548M for the first quarter 2026 (Q1 2026), +32% from a year earlier and -4% from the quarter before. Operating margin was 3.7%, net loss $8.2M (1.5% of revenue).
Teleflex, Q1 2026: revenue $548M (+32% year over year), operating margin 3.7%, net loss $8.2M, operating cash flow $46.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $548M | -4% | +32% |
| Operating profit | $20.2M | +45% | -84% |
| Net earnings | −$8.2M | — | -109% |
| Operating cash flow | $46.7M | — | +68% |
| Free cash flow | $27.9M | — | +676% |
What changed
Revenue was $548.3M in Q1 2026, up 32% year over year and down 4% from the previous quarter. Vascular was the largest line at 43% of revenue. Interventional added $104.5M year over year (up 104%), 78% of the total change.
Gross margin was 56.1%, down 5.6 points from Q1 2025. Operating profit was $20.2M, a 3.7% margin (down 14.6 points year over year). Operating profit fell $55.6M even though revenue rose $134.0M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 60% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+1085%). The quarter ended with a net loss of $8.2M, narrower than the previous quarter's $714.3M loss. Net interest and other expense of $27.3M was the main reason.
Operating cash flow was $46.7M (up 68% year over year). Non-cash charges added back $53.7M of depreciation and amortization and $6.7M of share-based compensation. Working capital and other items used $5.7M. Capital expenditures of $18.8M left free cash flow of $27.9M.
Questions
What was Teleflex's revenue in the first quarter 2026?
Teleflex (TFX) reported revenue of $548M for the first quarter 2026 (Q1 2026), +32% from a year earlier and -4% from the quarter before.
Was Teleflex profitable in the first quarter 2026?
Operating profit was $20.2M (3.7% of revenue) and net loss $8.2M.
Source: Teleflex 10-Q on SEC EDGAR.