Teradyne (TER)

Nasdaq Information Technology Semiconductor Materials & Equipment S&P 500Nasdaq-100

$218.21

+5.47 (+2.57%)

Close of Nov 06, 2026 · end-of-day data

Source: Teradyne's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.75B	$2.14B	$2.10B	$2.29B	$3.12B	$3.70B	$3.16B	$2.68B	$2.82B	$3.19B
Cost of revenue	$793.68M	$912.73M	$880.41M	$955.14M	$1.34B	$1.50B	$1.29B	$1.14B	$1.17B	$1.33B
Gross profit	$958.61M	$1.22B	$1.22B	$1.34B	$1.79B	$2.21B	$1.87B	$1.54B	$1.65B	$1.86B
Research & development	$292.16M	$307.31M	$301.50M	$322.82M	$374.96M	$427.61M	$440.59M	$418.09M	$460.88M	$504.60M
Selling, general & admin	$316.54M	$348.91M	$390.67M	$437.08M	$464.77M	$547.56M	$558.10M	$577.32M	$617.05M	$648.87M
Operating income	-$62.97M	$525.34M	$473.80M	$553.65M	$928.41M	$1.20B	$831.94M	$501.07M	$593.79M	$650.05M
Interest expense	$3.64M	$21.66M	$21.78M	$22.22M	$24.18M	$17.82M	$3.72M	$3.81M	$3.59M	$6.85M
Pre-tax income	-$55.06M	$524.41M	$467.80M	$525.77M	$901.01M	$1.16B	$840.38M	$525.57M	$609.09M	$653.26M
Income tax	-$11.64M	$266.72M	$16.02M	$58.30M	$116.87M	$146.37M	$124.88M	$76.82M	$59.50M	$79.30M
Net income	-$43.42M	$257.69M	$451.78M	$467.47M	$784.15M	$1.01B	$715.50M	$448.75M	$542.37M	$554.05M
EBITDA	$57.04M	$633.42M	$587.02M	$674.31M	$1.06B	$1.33B	$942.61M	$611.95M	$713.53M	$778.03M
EPS (basic)	$-0.21	$1.30	$2.41	$2.74	$4.72	$6.15	$4.52	$2.91	$3.41	$3.48
EPS (diluted)	$-0.21	$1.28	$2.35	$2.60	$4.28	$5.53	$4.22	$2.73	$3.32	$3.47
Diluted shares	202.58M	201.64M	192.60M	179.46M	183.04M	183.62M	169.73M	164.30M	163.31M	159.72M
Gross margin	54.7%	57.2%	58.1%	58.4%	57.2%	59.6%	59.2%	57.4%	58.5%	58.2%
Operating margin	-3.6%	24.6%	22.6%	24.1%	29.7%	32.4%	26.4%	18.7%	21.1%	20.4%
Net margin	-2.5%	12.1%	21.5%	20.4%	25.1%	27.4%	22.7%	16.8%	19.2%	17.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$307.88M	$429.84M	$926.75M	$773.92M	$914.12M	$1.12B	$854.77M	$757.57M	$553.35M	$293.75M
Receivables	$192.44M	$272.78M	$291.27M	$362.37M	$497.51M	$550.75M	$491.14M	$422.12M	$471.43M	$786.91M
Inventory	$135.96M	$107.53M	$153.54M	$196.69M	$222.19M	$243.33M	$325.02M	$309.97M	$298.49M	$379.55M
Total current assets	$1.62B	$2.27B	$1.73B	$1.66B	$2.42B	$2.58B	$2.26B	$2.16B	$1.82B	$1.95B
Goodwill	$223.34M	$252.01M	$381.85M	$416.43M	$453.86M	$426.02M	$403.19M	$415.65M	$395.37M	$521.02M
Total assets	$2.76B	$3.11B	$2.71B	$2.79B	$3.65B	$3.81B	$3.50B	$3.49B	$3.71B	$4.18B
Total current liabilities	$372.70M	$454.34M	$476.29M	$539.03M	$700.87M	$805.12M	$746.26M	$659.95M	$624.58M	$1.12B
Short-term debt	—	—	—	—	—	—	—	—	—	$200.00M
Total debt	—	—	—	—	—	—	—	—	—	$200.00M
Total liabilities	$933.83M	$1.16B	$1.18B	$1.31B	$1.44B	$1.25B	$1.05B	$960.93M	$889.42M	$1.39B
Shareholders' equity	$1.83B	$1.95B	$1.52B	$1.48B	$2.21B	$2.56B	$2.45B	$2.53B	$2.82B	$2.80B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$455.20M	$626.50M	$476.88M	$578.75M	$868.93M	$1.10B	$577.92M	$585.23M	$672.18M	$674.41M
Capital expenditures	$85.27M	$105.38M	$114.38M	$134.64M	$184.98M	$132.47M	$163.25M	$159.64M	$198.09M	$224.01M
Free cash flow	$369.93M	$521.12M	$362.50M	$444.11M	$683.96M	$965.89M	$414.67M	$425.59M	$474.08M	$450.41M
Investing cash flow	-$640.46M	-$262.80M	$923.01M	-$156.66M	-$569.79M	$120.36M	$43.75M	-$179.65M	-$622.34M	-$368.62M
Financing cash flow	$228.44M	-$245.19M	-$903.42M	-$574.35M	-$158.29M	-$1.01B	-$892.99M	-$501.91M	-$251.77M	-$562.25M
Dividends paid	$48.62M	$55.45M	$67.32M	$61.30M	$66.48M	$65.98M	$69.71M	$67.88M	$76.42M	$76.31M
Share buybacks	$146.33M	$200.30M	$823.48M	$500.00M	$88.47M	$600.00M	$752.08M	$397.24M	$198.57M	$702.10M
Stock-based compensation	$30.75M	$34.10M	$33.58M	$37.90M	$44.91M	$45.64M	$48.23M	$57.68M	$60.12M	$64.00M
Depreciation & amortization	$120.01M	$108.08M	$113.22M	$120.66M	$126.74M	$125.48M	$110.67M	$110.89M	$119.74M	$127.98M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$670.60M	$599.82M	$729.88M	$737.30M	$752.88M	$685.68M	$651.80M	$769.21M	$1.08B	$1.28B	$1.33B	$1.31B
Cost of revenue	$291.06M	$260.54M	$304.04M	$300.78M	$305.60M	$270.34M	$278.79M	$319.90M	$463.65M	$501.55M	$534.37M	$534.67M
Gross profit	$379.54M	$339.28M	$425.84M	$436.51M	$447.29M	$415.34M	$373.01M	$449.31M	$619.69M	$780.95M	$794.62M	$771.28M
Research & development	$102.21M	$103.20M	$111.82M	$117.47M	$128.39M	$118.19M	$118.38M	$124.76M	$143.26M	$135.56M	$156.28M	$163.09M
Selling, general & admin	$142.34M	$149.19M	$154.47M	$157.65M	$155.74M	$157.26M	$157.78M	$169.14M	$164.69M	$166.74M	$192.52M	$198.97M
Operating income	$124.32M	$77.77M	$210.37M	$152.06M	$153.59M	$120.80M	$90.74M	$145.30M	$293.20M	$473.00M	$437.81M	$401.97M
Interest expense	$812.00K	$661.00K	$1.53M	$808.00K	$589.00K	$795.00K	$805.00K	$1.31M	$3.94M	$3.15M	$2.96M	$868.00K
Pre-tax income	$139.81M	$72.90M	$219.40M	$158.98M	$157.80M	$119.02M	$96.56M	$148.10M	$289.58M	$465.68M	$443.62M	$404.29M
Income tax	$22.75M	$8.71M	$33.13M	$12.26M	$5.41M	$14.54M	$12.26M	$23.34M	$29.15M	$62.16M	$66.79M	$59.83M
Net income	$117.05M	$64.20M	$186.27M	$145.65M	$146.25M	$98.90M	$78.37M	$119.56M	$257.22M	$398.91M	$374.53M	$342.41M
EBITDA	$147.58M	$105.89M	$240.57M	$182.35M	$184.71M	$151.10M	$122.13M	$175.82M	$328.98M	$505.66M	$471.46M	$438.84M
EPS (basic)	$0.77	$0.42	$1.18	$0.89	$0.90	$0.61	$0.49	$0.75	$1.63	$2.55	$2.39	$2.19
EPS (diluted)	$0.72	$0.40	$1.14	$0.89	$0.90	$0.61	$0.49	$0.75	$1.62	$2.53	$2.38	$2.17
Diluted shares	-733.00K	162.35M	163.47M	164.25M	-43.00K	162.00M	160.13M	159.10M	-690.00K	157.64M	157.69M	157.50M
Gross margin	56.6%	56.6%	58.3%	59.2%	59.4%	60.6%	57.2%	58.4%	57.2%	60.9%	59.8%	59.1%
Operating margin	18.5%	13.0%	28.8%	20.6%	20.4%	17.6%	13.9%	18.9%	27.1%	36.9%	32.9%	30.8%
Net margin	17.5%	10.7%	25.5%	19.8%	19.4%	14.4%	12.0%	15.5%	23.7%	31.1%	28.2%	26.2%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$757.57M	$707.40M	$421.90M	$510.04M	$553.35M	$475.63M	$339.25M	$272.70M	$293.75M	$241.94M	$349.54M	$460.74M
Receivables	$422.12M	$426.33M	$470.30M	$484.38M	$471.43M	$460.40M	$433.00M	$593.80M	$786.91M	$1.11B	$1.11B	$1.11B
Inventory	$309.97M	$314.23M	$288.75M	$297.34M	$298.49M	$345.06M	$350.50M	$366.75M	$379.55M	$362.76M	$403.30M	$574.99M
Total current assets	$2.16B	$2.07B	$1.76B	$1.84B	$1.82B	$1.76B	$1.58B	$1.75B	$1.95B	$2.17B	$2.37B	$2.79B
Goodwill	$415.65M	$407.58M	$405.11M	$419.41M	$395.37M	$409.31M	$520.47M	$519.55M	$521.02M	$514.17M	$663.82M	$663.78M
Total assets	$3.49B	$3.41B	$3.63B	$3.77B	$3.71B	$3.71B	$3.76B	$3.96B	$4.18B	$4.43B	$4.93B	$5.45B
Total current liabilities	$659.95M	$554.36M	$626.37M	$594.90M	$624.58M	$649.07M	$675.26M	$994.99M	$1.12B	$1.01B	$1.11B	$1.34B
Short-term debt	—	—	—	—	—	—	—	$200.00M	$200.00M	$0	$0	$0
Total debt	—	—	—	—	—	—	—	$200.00M	$200.00M	$0	$0	$0
Total liabilities	$960.93M	$852.89M	$900.89M	$867.19M	$889.42M	$908.34M	$924.56M	$1.25B	$1.39B	$1.29B	$1.45B	$1.71B
Shareholders' equity	$2.53B	$2.56B	$2.73B	$2.90B	$2.82B	$2.80B	$2.84B	$2.72B	$2.80B	$3.14B	$3.44B	$3.69B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$248.78M	$7.28M	$216.07M	$166.27M	$282.56M	$161.64M	$182.09M	$49.05M	$281.64M	$265.12M	$469.14M	$313.61M
Capital expenditures	$44.34M	$44.02M	$44.85M	$51.84M	$57.38M	$64.02M	$50.41M	$46.69M	$62.89M	$64.73M	$90.71M	$86.32M
Free cash flow	$204.44M	-$36.74M	$171.22M	$114.43M	$225.17M	$97.62M	$131.68M	$2.36M	$218.75M	$200.39M	$378.43M	$227.29M
Investing cash flow	-$30.42M	-$24.02M	-$481.07M	-$49.80M	-$67.46M	-$61.77M	-$178.46M	-$67.45M	-$60.92M	-$67.29M	-$271.34M	-$97.16M
Financing cash flow	-$91.10M	-$36.67M	-$22.61M	-$29.28M	-$163.21M	-$176.81M	-$136.80M	-$47.79M	-$200.84M	-$250.22M	-$90.74M	-$104.70M
Dividends paid	$16.80M	$18.37M	$19.00M	$19.57M	$19.49M	$19.41M	$19.20M	$18.99M	$18.74M	$20.36M	$20.35M	$20.31M
Share buybacks	$50.75M	$22.12M	$8.19M	$24.75M	$143.52M	$157.47M	$117.40M	$243.78M	$183.44M	$5.52M	$68.72M	$99.26M
Stock-based compensation	$12.45M	$15.76M	$14.94M	$14.57M	$14.86M	$15.20M	$16.83M	$15.53M	$16.44M	$21.90M	$20.06M	$21.68M
Depreciation & amortization	$23.26M	$28.12M	$30.20M	$30.29M	$31.13M	$30.30M	$31.39M	$30.52M	$35.77M	$32.66M	$33.65M	$36.88M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.