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Teleflex (TFX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Teleflex (TFX) reported revenue of $570M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +4% from the quarter before. Operating margin was 12.8%, net earnings $99.7M (17.5% of revenue).

Revenue$570M
Year over year+29%
Quarter over quarter+4%
Operating margin12.8%
Net earnings$99.7M

Teleflex, Q2 2026: revenue $570M (+29% year over year), operating margin 12.8%, net earnings $99.7M, operating cash flow $91.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$570M+4%+29%
Gross profit$332M+8%+25%
Operating profit$72.8M+261%-20%
Net earnings$99.7M—-19%
Operating cash flow$91.9M+97%—
Free cash flow$77.9M+179%—

What changed

Revenue was $570.3M in Q2 2026, up 29% year over year and up 4% from the previous quarter. Vascular was the largest line at 43% of revenue. Interventional added $98.0M year over year (up 86%), 77% of the total change.

Gross margin was 58.2%, down 1.9 points from Q2 2025. Operating profit was $72.8M, a 12.8% margin (down 7.8 points year over year). Operating profit fell $18.3M even though revenue rose $127.8M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 48% against revenue growth of 29%. The fastest-growing cost line was Research & development (+70%). Net earnings were $99.7M, down 19% year over year. The effective tax rate was 3.3%. Non-operating items added $30.2M, 29% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $91.9M, 92% of net earnings. Non-cash charges added back $49.8M of depreciation and amortization and $5.4M of share-based compensation. Working capital and other items used $63.1M. Capital expenditures of $14.0M left free cash flow of $77.9M.

Questions

What was Teleflex's revenue in the second quarter 2026?

Teleflex (TFX) reported revenue of $570M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +4% from the quarter before.

Was Teleflex profitable in the second quarter 2026?

Operating profit was $72.8M (12.8% of revenue) and net earnings $99.7M.

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Source: Teleflex 10-Q on SEC EDGAR.