Teradyne, Inc.(TER)Earnings, Financials & Key Ratios

TER•NASDAQ

$357.10

$55.91B mkt cap·102.6× P/E·Price updated May 6, 2026

SectorTechnology IndustrySemiconductors Sub-IndustrySemiconductor Test, Metrology and Inspection Equipment

AboutTeradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.Show more

Revenue$3.19B+13.1%
EBITDA$820M+14.9%
Net Income$554M+2.2%
EPS (Diluted)3.48+4.8%
Gross Margin58.55%+0.1%
EBITDA Margin25.71%+1.6%
Operating Margin21.74%+3.2%
Net Margin17.37%-9.7%
ROE19.73%-2.8%
ROIC19.81%-4.0%
Debt/Equity0.12+160.2%
Interest Coverage79.95-53.2%

Analysis→Technical→

TER Key Insights

Teradyne, Inc. (TER) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Momentum leader: RS Rating 94 (top 6%)
✓High quality earnings: Operating CF exceeds net income
✓Good 3Y average ROE of 19.4%
✓Share count reduced 3.5% through buybacks
✓Healthy 5Y average net margin of 20.7%

✗Weaknesses

✗Expensive at 20.1x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

TER Price & Volume

Teradyne, Inc. (TER) stock price & volume — 10-year historical chart

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TER Growth Metrics

Teradyne, Inc. (TER) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.88%

5 Years0.44%

3 Years0.37%

TTM30.32%

Profit CAGR

10 Years10.37%

5 Years-6.71%

3 Years-8.17%

TTM48%

EPS CAGR

10 Years13.63%

5 Years-4.05%

3 Years-6.22%

TTM52.7%

Return on Capital

10 Years22.77%

5 Years25.96%

3 Years20.19%

Last Year22.54%

TER Recent Earnings

Teradyne, Inc. (TER) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 11/12 qtrs (92%)

Q2 2026Latest

Apr 28, 2026

EPS

$2.56

Est $2.11

+21.3%

Revenue

$1.3B

Est $1.2B

+6.9%

Q1 2026

Feb 2, 2026

EPS

$1.80

Est $1.38

+30.4%

Revenue

$1.1B

Est $977M

+10.9%

Q4 2025

Oct 28, 2025

EPS

$0.85

Est $0.79

+7.6%

Revenue

$769M

Est $744M

+3.4%

Q3 2025

Jul 29, 2025

EPS

$0.57

Est $0.54

+5.2%

Revenue

$652M

Est $651M

+0.2%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 28, 2026	$2.56vs $2.11+21.3%	$1.3Bvs $1.2B+6.9%
Q1 2026	Feb 2, 2026	$1.80vs $1.38+30.4%	$1.1Bvs $977M+10.9%
Q4 2025	Oct 28, 2025	$0.85vs $0.79+7.6%	$769Mvs $744M+3.4%
Q3 2025	Jul 29, 2025	$0.57vs $0.54+5.2%	$652Mvs $651M+0.2%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
AMATApplied Materials, Inc.Direct Competitor	325.78B	410.82	47.44	4.39%	24.67%	34.28%	1.75%	0.32
KLACKLA CorporationDirect Competitor	227.69B	1732.90	57.06	23.89%	35.66%	89.07%	1.64%	1.30
COHUCohu, Inc.Direct Competitor	2.28B	48.45	-30.47	12.74%	-11.54%	-6.84%	0.47%	0.46
ACLSAxcelis Technologies, Inc.Direct Competitor	4.53B	139.70	36.76	-17.57%	14.33%	11.62%	2.36%	0.04
ONTOOnto Innovation Inc.Direct Competitor	15.17B	305.00	109.71	1.82%	10.33%	5.19%	1.98%	0.01
FORMFormFactor, Inc.Product Competitor	11.3B	145.00	210.14	2.8%	8.14%	6.68%	0.1%	0.04
ICHRIchor Holdings, Ltd.Product Competitor	2.35B	67.77	-44.01	11.61%	-5.28%	-7.5%		0.28
MKSIMKS Inc.Product Competitor	19.39B	287.65	65.82	9.62%	7.51%	10.85%	2.56%	1.73

Compare TER vs Peers

Teradyne, Inc. (TER) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AMAT

Most directly comparable listed peer for TER.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare TER against a more recognizable public peer.

Peer Set

Compare Top 5

vs AMAT, KLAC, COHU, ACLS

TER Income Statement

Teradyne, Inc. (TER) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	2.14B	2.1B	2.29B	3.12B	3.7B	3.16B	2.68B	2.82B	3.19B	3.79B
Revenue Growth %	21.87%	-1.68%	9.24%	36.01%	18.63%	-14.79%	-15.17%	5.36%	13.13%	30.32%
Cost of Goods Sold	915.15M	880.41M	955.14M	1.34B	1.5B	1.29B	1.14B	1.17B	1.32B	1.56B
COGS % of Revenue	42.83%	41.91%	41.62%	42.79%	40.41%	40.82%	42.58%	41.52%	41.45%	-
Gross Profit	1.22B▲ 0%	1.22B▼ 0.1%	1.34B▲ 9.8%	1.79B▲ 33.3%	2.21B▲ 23.6%	1.87B▼ 15.4%	1.54B▼ 17.7%	1.65B▲ 7.3%	1.87B▲ 13.3%	2.23B▲ 0%
Gross Margin %	57.17%	58.09%	58.38%	57.21%	59.59%	59.18%	57.42%	58.48%	58.55%	58.79%
Gross Profit Growth %	27.42%	-0.09%	9.79%	33.28%	23.57%	-15.39%	-17.7%	7.3%	13.28%	-
Operating Expenses	686.75M	731.37M	800.05M	857.33M	1.01B	1.04B	1.04B	1.06B	1.17B	1.21B
OpEx % of Revenue	32.14%	34.81%	34.86%	27.47%	27.17%	32.81%	38.7%	37.42%	36.82%	-
Selling, General & Admin	348.91M	390.67M	437.08M	464.77M	547.56M	558.1M	577.32M	617.05M	644.07M	656.46M
SG&A % of Revenue	16.33%	18.6%	19.05%	14.89%	14.79%	17.69%	21.57%	21.88%	20.19%	-
Research & Development	307.31M	301.5M	322.82M	374.96M	427.61M	440.59M	418.09M	460.88M	504.6M	521.97M
R&D % of Revenue	14.38%	14.35%	14.07%	12.01%	11.55%	13.96%	15.62%	16.34%	15.82%	-
Other Operating Expenses	30.53M	39.19M	40.15M	17.6M	30.77M	36.52M	40.28M	-22.78M	25.78M	4M
Operating Income	525.34M▲ 0%	473.8M▼ 9.8%	553.65M▲ 16.9%	928.41M▲ 67.7%	1.2B▲ 29.3%	831.94M▼ 30.7%	501.07M▼ 39.8%	593.79M▲ 18.5%	693.4M▲ 16.8%	1.02B▲ 0%
Operating Margin %	24.59%	22.55%	24.12%	29.74%	32.43%	26.37%	18.72%	21.06%	21.74%	26.91%
Operating Income Growth %	934.28%	-9.81%	16.85%	67.69%	29.33%	-30.71%	-39.77%	18.5%	16.78%	-
EBITDA	633.42M	587.02M	674.31M	1.06B	1.33B	942.61M	611.95M	713.53M	820.12M	1.12B
EBITDA Margin %	29.65%	27.94%	29.38%	33.8%	35.82%	29.88%	22.87%	25.3%	25.71%	29.53%
EBITDA Growth %	1010.5%	-7.32%	14.87%	56.48%	25.69%	-28.92%	-35.08%	16.6%	14.94%	47.4%
D&A (Non-Cash Add-back)	108.08M	113.22M	120.66M	126.74M	125.48M	110.67M	110.89M	119.74M	126.72M	99.19M
EBIT	546.08M	489.58M	548M	925.2M	1.18B	844.1M	529.38M	612.67M	641.37M	1.01B
Net Interest Income	-3.86M	-1.32M	-5.23M	-18.2M	-15.19M	2.66M	23.54M	21.18M	10.83M	-775K
Interest Income	17.8M	20.46M	16.99M	5.98M	2.63M	6.38M	27.35M	24.77M	18.85M	13.78M
Interest Expense	21.66M	21.78M	22.22M	24.18M	17.82M	3.72M	3.81M	3.59M	8.02M	14.55M
Other Income/Expense	-931K	-6M	-27.88M	-27.39M	-39.77M	8.45M	24.5M	8.09M	-60.06M	-27.72M
Pretax Income	524.41M▲ 0%	467.8M▼ 10.8%	525.77M▲ 12.4%	901.01M▲ 71.4%	1.16B▲ 28.8%	840.38M▼ 27.6%	525.57M▼ 37.5%	601.88M▲ 14.5%	633.35M▲ 5.2%	991.51M▲ 0%
Pretax Margin %	24.54%	22.27%	22.91%	28.87%	31.35%	26.64%	19.64%	21.34%	19.85%	26.18%
Income Tax	266.72M	16.02M	58.3M	116.87M	146.37M	124.88M	76.82M	59.5M	79.3M	132.84M
Effective Tax Rate %	50.86%	3.42%	11.09%	12.97%	12.61%	14.86%	14.62%	9.89%	12.52%	13.4%
Net Income	257.69M▲ 0%	451.78M▲ 75.3%	467.47M▲ 3.5%	784.15M▲ 67.7%	1.01B▲ 29.4%	715.5M▼ 29.5%	448.75M▼ 37.3%	542.37M▲ 20.9%	554.05M▲ 2.2%	854.06M▲ 0%
Net Margin %	12.06%	21.51%	20.37%	25.12%	27.4%	22.68%	16.77%	19.23%	17.37%	22.55%
Net Income Growth %	693.47%	75.32%	3.47%	67.74%	29.39%	-29.48%	-37.28%	20.86%	2.15%	48%
Net Income (Continuing)	257.69M	451.78M	467.47M	784.15M	1.01B	715.5M	448.75M	542.37M	554.05M	858.67M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	1.28▲ 0%	2.35▲ 83.6%	2.60▲ 10.6%	4.28▲ 64.6%	5.53▲ 29.2%	4.22▼ 23.7%	2.73▼ 35.3%	3.32▲ 21.6%	3.48▲ 4.8%	5.42▲ 0%
EPS Growth %	709.52%	83.59%	10.64%	64.62%	29.21%	-23.69%	-35.31%	21.61%	4.82%	52.7%
EPS (Basic)	1.30	2.41	2.74	4.72	6.15	4.52	2.91	3.41	3.49	-
Diluted Shares Outstanding	201.64M	192.6M	179.46M	183.04M	183.63M	169.73M	164.3M	163.31M	157.65M	157.64M
Basic Shares Outstanding	198.07M	187.67M	170.43M	166.12M	164.96M	158.43M	154.31M	159.08M	156.41M	156.41M
Dividend Payout Ratio	21.52%	14.9%	13.11%	8.48%	6.5%	9.74%	15.13%	14.09%	13.77%	-

TER Balance Sheet

Teradyne, Inc. (TER) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	2.27B	1.73B	1.66B	2.42B	2.58B	2.26B	2.16B	1.82B	1.94B	2.17B
Cash & Short-Term Investments	1.78B	1.12B	911.23M	1.44B	1.37B	894.38M	819.73M	599.67M	322M	245.6M
Cash Only	429.84M	926.75M	773.92M	914.12M	1.12B	854.77M	757.57M	553.35M	293.75M	241.94M
Short-Term Investments	1.35B	190.1M	137.3M	522.28M	244.23M	39.61M	62.15M	46.31M	28.25M	3.65M
Accounts Receivable	272.78M	291.27M	362.37M	497.51M	550.75M	491.14M	422.12M	471.43M	773.57M	1.11B
Days Sales Outstanding	46.6	50.61	57.63	58.17	54.29	56.82	57.57	61.02	88.51	70.07
Inventory	190.03M	285.18M	340.08M	434.48M	607.81M	816.12M	812.23M	664.37M	379.55M	362.76M
Days Inventory Outstanding	75.79	118.23	129.96	118.72	148.27	231.3	260.16	207.09	104.78	106.97
Other Current Assets	4.03M	8.31M	11.9M	9.25M	9.45M	14.4M	61.24M	17.73M	33.27M	18.72M
Total Non-Current Assets	839.26M	974.12M	1.13B	1.24B	1.23B	1.24B	1.32B	1.89B	2.23B	2.26B
Property, Plant & Equipment	268.45M	279.82M	377.75M	449.37M	456.05M	492.42M	518.91M	578.36M	639.63M	661.95M
Fixed Asset Turnover	7.96x	7.51x	6.08x	6.95x	8.12x	6.41x	5.16x	4.88x	4.99x	5.89x
Goodwill	252.01M	381.85M	416.43M	453.86M	426.02M	403.19M	415.65M	395.37M	521.02M	514.17M
Intangible Assets	79.09M	125.48M	125.48M	100.94M	75.64M	53.48M	35.4M	15.93M	51.27M	48.98M
Long-Term Investments	125.93M	87.73M	104.49M	117.98M	133.86M	110.78M	117.43M	618.62M	663.35M	2.67B
Other Non-Current Assets	29.77M	28.39M	28.79M	26.85M	39.21M	40.69M	61.62M	61.61M	83.76M	309.53M
Total Assets	3.11B▲ 0%	2.71B▼ 13.0%	2.79B▲ 3.0%	3.65B▲ 31.0%	3.81B▲ 4.3%	3.5B▼ 8.1%	3.49B▼ 0.4%	3.71B▲ 6.4%	4.17B▲ 12.4%	4.43B▲ 0%
Asset Turnover	0.69x	0.78x	0.82x	0.85x	0.97x	0.90x	0.77x	0.76x	0.76x	0.93x
Asset Growth %	12.56%	-12.96%	2.97%	31.05%	4.3%	-8.09%	-0.41%	6.36%	12.44%	40.82%
Total Current Liabilities	454.34M	476.29M	539.03M	700.87M	805.12M	746.26M	659.95M	624.58M	1.1B	1.01B
Accounts Payable	86.39M	100.69M	126.62M	133.66M	153.13M	139.72M	180.13M	134.79M	269.19M	344.68M
Days Payables Outstanding	34.46	41.74	48.39	36.52	37.36	39.6	57.7	42.02	74.31	59.27
Short-Term Debt	0	0	19.48M	53.92M	39.16M	68.71M	17.52M	18.7M	219.34M	18.44M
Deferred Revenue (Current)	83.61M	77.71M	104.88M	134.66M	146.19M	148.28M	99.8M	107.71M	139.78M	593.94M
Other Current Liabilities	83.58M	113.14M	79.98M	77.58M	124.19M	112.27M	122.09M	90.78M	111.84M	122.51M
Current Ratio	5.00x	3.64x	3.08x	3.45x	3.20x	3.03x	3.28x	2.91x	1.76x	1.76x
Quick Ratio	4.58x	3.04x	2.45x	2.83x	2.44x	1.93x	2.05x	1.84x	1.41x	1.41x
Cash Conversion Cycle	87.93	127.09	139.21	140.37	165.21	248.52	260.03	226.1	118.98	117.78
Total Non-Current Liabilities	701.56M	707.96M	767.83M	740.67M	440.35M	303.69M	300.98M	264.84M	272.64M	277.8M
Long-Term Debt	365.99M	379.98M	440.54M	418.84M	145.42M	64.18M	65.09M	57.92M	63.9M	0
Capital Lease Obligations	0	0	45.85M	42.07M	56.18M	64.18M	65.09M	57.92M	63.9M	232.28M
Deferred Tax Liabilities	6.72M	20.66M	14.07M	10.82M	6.33M	3.27M	183K	1.04M	5.38M	23.58M
Other Non-Current Liabilities	298.73M	274.57M	221.4M	210.58M	177.5M	126.94M	133.33M	107.45M	88.58M	433.47M
Total Liabilities	1.16B	1.18B	1.31B	1.44B	1.25B	1.05B	960.93M	889.42M	1.37B	1.29B
Total Debt	365.99M	379.98M	505.86M	514.83M	240.76M	197.06M	147.71M	134.54M	347.14M	82.4M
Net Debt	-63.86M	-546.77M	-268.06M	-399.29M	-881.44M	-657.71M	-609.87M	-418.81M	53.39M	-159.55M
Debt / Equity	0.19x	0.25x	0.34x	0.23x	0.09x	0.08x	0.06x	0.05x	0.12x	0.12x
Debt / EBITDA	0.58x	0.65x	0.75x	0.49x	0.18x	0.21x	0.24x	0.19x	0.42x	0.07x
Net Debt / EBITDA	-0.10x	-0.93x	-0.40x	-0.38x	-0.66x	-0.70x	-1.00x	-0.59x	0.07x	0.07x
Interest Coverage	25.21x	22.48x	24.66x	38.26x	66.15x	226.97x	139.09x	170.80x	79.95x	69.13x
Total Equity	1.95B▲ 0%	1.52B▼ 22.1%	1.48B▼ 2.8%	2.21B▲ 49.4%	2.56B▲ 16.0%	2.45B▼ 4.4%	2.53B▲ 3.0%	2.82B▲ 11.6%	2.8B▼ 0.8%	3.14B▲ 0%
Equity Growth %	6.83%	-22.08%	-2.77%	49.36%	15.97%	-4.39%	3.04%	11.62%	-0.83%	9.06%
Book Value per Share	9.69	7.90	8.25	12.08	13.96	14.44	15.37	17.26	17.73	19.94
Total Shareholders' Equity	1.95B	1.52B	1.48B	2.21B	2.56B	2.45B	2.53B	2.82B	2.8B	3.14B
Common Stock	24.44M	21.94M	20.8M	24.55M	21.79M	19.47M	19.09M	20.21M	2.8B	0
Retained Earnings	272.01M	-158.19M	-241.92M	387.41M	736.57M	725.73M	706.51M	970.76M	0	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	18.78M	-13.04M	-18.85M	33.52M	-5.95M	-49.87M	-26.98M	-81.22M	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

TER Cash Flow Statement

Teradyne, Inc. (TER) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	626.5M	476.88M	578.75M	868.93M	1.1B	577.92M	585.23M	672.18M	674.41M	674.41M
Operating CF Margin %	29.32%	22.7%	25.22%	27.84%	29.66%	18.32%	21.87%	23.84%	21.14%	-
Operating CF Growth %	40.53%	-23.88%	21.36%	50.14%	26.4%	-47.38%	1.26%	14.86%	0.33%	-22.53%
Net Income	257.69M	451.78M	467.47M	784.15M	1.01B	715.5M	448.75M	542.37M	554.05M	854.06M
Depreciation & Amortization	108.08M	113.22M	120.66M	110.92M	112.53M	110.1M	111.12M	119.74M	126.72M	129.45M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	16.44M
Deferred Taxes	37.1M	28.34M	-9.46M	-15.69M	-17.3M	-38.69M	-37.64M	-46.36M	-52.07M	-29.07M
Other Non-Cash Items	40.53M	47.07M	51.79M	58.93M	87.32M	63.6M	72.64M	32.55M	118.23M	82.66M
Working Capital Changes	183.09M	-163.53M	-51.71M	-69.38M	-98.77M	-272.58M	-9.64M	23.88M	-72.51M	-275.63M
Change in Receivables	-80.58M	-17.94M	-70.44M	-129.45M	-57.78M	50.63M	70.98M	-52.66M	-292.25M	-627.33M
Change in Inventory	44.96M	-29.5M	-27.41M	-8.44M	6.5M	-80.81M	5.33M	8.71M	-28.42M	23.45M
Change in Payables	43.57M	13.69M	49.28M	73.17M	129.5M	-60.51M	46.78M	-54.39M	208.85M	203.77M
Cash from Investing	-262.8M	923.01M	-156.66M	-569.79M	120.36M	43.75M	-179.65M	-622.34M	-368.62M	-374.14M
Capital Expenditures	-105.38M	-114.38M	-134.64M	-184.98M	-132.47M	-163.25M	-159.64M	-198.09M	-224.01M	-224.72M
CapEx % of Revenue	4.93%	5.44%	5.87%	5.93%	3.58%	5.17%	5.96%	7.02%	7.02%	-
Acquisitions	0	-161.55M	-79.74M	149K	-12M	3.41M	0	90.35M	-144.38M	-127.38M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.06M	1.13M	2.91M	546K	0	0	-4.54M	873K	0	-1K
Cash from Financing	-245.19M	-903.42M	-574.35M	-158.29M	-1.01B	-892.99M	-501.91M	-251.77M	-562.25M	-635.65M
Debt Issued (Net)	0	0	0	0	-342.99M	-66.76M	-50.26M	0	200M	0
Equity Issued (Net)	-188.69M	-822.53M	-485.43M	-82.95M	-599.62M	-756.52M	-383.77M	-175.34M	-670.24M	-488.29M
Dividends Paid	-55.45M	-67.32M	-61.3M	-66.48M	-65.98M	-69.71M	-67.88M	-76.42M	-76.31M	-77.27M
Share Repurchases	-200.3M	-823.48M	-500M	-88.47M	-600M	-752.08M	-397.24M	-198.57M	-702.1M	-550.14M
Other Financing	-1.05M	-13.57M	-27.61M	-8.85M	0	0	0	0	-15.7M	-70.09M
Net Change in Cash	121.96M▲ 0%	496.91M▲ 307.4%	-152.83M▼ 130.8%	140.2M▲ 191.7%	208.08M▲ 48.4%	-267.43M▼ 228.5%	-97.2M▲ 63.7%	-204.22M▼ 110.1%	-259.6M▼ 27.1%	-233.69M▲ 0%
Free Cash Flow	521.12M▲ 0%	362.5M▼ 30.4%	444.11M▲ 22.5%	683.96M▲ 54.0%	965.89M▲ 41.2%	414.67M▼ 57.1%	425.59M▲ 2.6%	474.08M▲ 11.4%	450.41M▼ 5.0%	553.18M▲ 0%
FCF Margin %	24.39%	17.26%	19.35%	21.91%	26.08%	13.14%	15.9%	16.81%	14.12%	14.61%
FCF Growth %	44.54%	-30.44%	22.51%	54.01%	41.22%	-57.07%	2.63%	11.39%	-4.99%	-9.08%
FCF per Share	2.58	1.88	2.47	3.74	5.26	2.44	2.59	2.90	2.86	2.86
FCF Conversion (FCF/Net Income)	2.43x	1.06x	1.24x	1.11x	1.08x	0.81x	1.30x	1.24x	1.22x	0.65x
Interest Paid	6.45M	6.21M	6M	6.43M	4.24M	1.5M	296K	767K	0	0
Taxes Paid	53.77M	72.81M	81.41M	106.58M	172.13M	193.25M	140.24M	121.43M	0	0

TER Key Ratios

Teradyne, Inc. (TER) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	13.63%	25.99%	31.14%	42.49%	42.5%	28.53%	18.03%	20.29%	19.73%	29.72%
Return on Invested Capital (ROIC)	20.94%	24.8%	37.96%	46.06%	51.55%	35.9%	20.26%	20.63%	19.81%	19.81%
Gross Margin	57.17%	58.09%	58.38%	57.21%	59.59%	59.18%	57.42%	58.48%	58.55%	58.79%
Net Margin	12.06%	21.51%	20.37%	25.12%	27.4%	22.68%	16.77%	19.23%	17.37%	22.55%
Debt / Equity	0.19x	0.25x	0.34x	0.23x	0.09x	0.08x	0.06x	0.05x	0.12x	0.12x
Interest Coverage	25.21x	22.48x	24.66x	38.26x	66.15x	226.97x	139.09x	170.80x	79.95x	69.13x
FCF Conversion	2.43x	1.06x	1.24x	1.11x	1.08x	0.81x	1.30x	1.24x	1.22x	0.65x
Revenue Growth	21.87%	-1.68%	9.24%	36.01%	18.63%	-14.79%	-15.17%	5.36%	13.13%	30.32%

TER SEC Filings & Documents

Teradyne, Inc. (TER) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 29, 2026·SEC

Material company update

Feb 3, 2026·SEC

Material company update

Oct 29, 2025·SEC

10-K Annual Reports

FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

FY 2025

Oct 30, 2025·SEC

FY 2025

Aug 1, 2025·SEC

FY 2025

May 2, 2025·SEC

TER Frequently Asked Questions

Teradyne, Inc. (TER) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Teradyne, Inc. (TER) reported $3.79B in revenue for fiscal year 2025. This represents a 223% increase from $1.17B in 1996.

Teradyne, Inc. (TER) grew revenue by 13.1% over the past year. This is steady growth.

Yes, Teradyne, Inc. (TER) is profitable, generating $854.1M in net income for fiscal year 2025 (17.4% net margin).

Dividend & Returns

Yes, Teradyne, Inc. (TER) pays a dividend with a yield of 0.14%. This makes it attractive for income-focused investors.

Teradyne, Inc. (TER) has a return on equity (ROE) of 19.7%. This is reasonable for most industries.

Teradyne, Inc. (TER) generated $553.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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