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Teleflex (TFX) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 27, 2026

Teleflex (TFX) reported revenue of $569M for the fourth quarter 2025 (Q4 2025), +29% from a year earlier and +0.4% from the quarter before. Operating margin was 2.4%, net loss $714M (125.5% of revenue).

Revenue$569M
Year over year+29%
Quarter over quarter+0.4%
Operating margin2.4%
Net earnings−$714M

Teleflex, Q4 2025: revenue $569M (+29% year over year), operating margin 2.4%, net loss $714M, operating cash flow −$92.3M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$569M+0.4%+29%
Operating profit$13.9M——
Net earnings−$714M——
Operating cash flow−$92.3M-186%—

What changed

Revenue was $569.0M in Q4 2025, up 29% year over year and roughly flat from the previous quarter.

Gross margin was 54.0%, down 6.8 points from a year earlier. Operating profit was $13.9M, a 2.4% margin (down 9.4 points year over year). Operating profit fell $38.5M even though revenue rose $127.0M versus a year earlier, so costs grew faster than sales. Operating expenses grew 36% against revenue growth of 29%. The quarter ended with a net loss of $714.3M, wider than the previous quarter's $408.9M loss. Net interest and other expense of $759.0M was the main reason.

Operating cash flow was −$92.3M. Non-cash charges added back $2.9M of share-based compensation. Working capital and other items added $619.1M. Capital expenditures of $651K exceeded it, leaving free cash flow of −$92.9M.

Questions

What was Teleflex's revenue in the fourth quarter 2025?

Teleflex (TFX) reported revenue of $569M for the fourth quarter 2025 (Q4 2025), +29% from a year earlier and +0.4% from the quarter before.

Was Teleflex profitable in the fourth quarter 2025?

Operating profit was $13.9M (2.4% of revenue) and net loss $714M.

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Source: Teleflex 10-K on SEC EDGAR.