Teradyne, Inc. (TER) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
TER's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
TER Revenue Analysis (2014–2025)
As of March 2, 2026, Teradyne, Inc. (TER) generated trailing twelve-month (TTM) revenue of $3.19 billion, reflecting explosive growth of +43.9% year-over-year. The most recent quarter (Q4 2025) recorded $1.08 billion in revenue, up 40.8% sequentially.
Looking at the longer-term picture, TER's 5-year compound annual growth rate (CAGR) stands at +0.4%, indicating moderate growth over time. The company achieved its highest annual revenue of $3.70 billion in 2021.
Revenue diversification analysis shows TER's business is primarily driven by Product (81%), and Service (19%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including KLAC (+17.6% YoY), NVMI (+31.0% YoY), and ONTO (+6.4% YoY), TER has outperformed the peer group in terms of revenue growth. Compare TER vs KLAC →
Peer Comparison
Compare TER's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TERCurrent | $3.2B | +43.9% | +0.4% | 21.7% | |
| KLAC | $12.2B | +17.6% | +15.9% | 43.1% | |
| NVMI | $672M | +31.0% | +24.5% | 27.9% | |
| ONTO | $987M | +6.4% | +26.4% | 19.0% | |
| FORM | $764M | +2.8% | +5.3% | 8.5% | |
| CAMT | $429M | +27.9% | +26.2% | 25.2% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.19B | +13.1% | $1.87B | 58.6% | $693.4M | 21.7% |
| 2024 | $2.82B | +5.4% | $1.65B | 58.5% | $593.8M | 21.1% |
| 2023 | $2.68B | -15.2% | $1.54B | 57.4% | $501.1M | 18.7% |
| 2022 | $3.16B | -14.8% | $1.87B | 59.2% | $831.9M | 26.4% |
| 2021 | $3.70B | +18.6% | $2.21B | 59.6% | $1.20B | 32.4% |
| 2020 | $3.12B | +36.0% | $1.79B | 57.2% | $928.4M | 29.7% |
| 2019 | $2.29B | +9.2% | $1.34B | 58.4% | $553.7M | 24.1% |
| 2018 | $2.10B | -1.7% | $1.22B | 58.1% | $473.8M | 22.6% |
| 2017 | $2.14B | +21.9% | $1.22B | 57.2% | $525.3M | 24.6% |
| 2016 | $1.75B | +6.9% | $958.6M | 54.7% | $-62,970,000 | -3.6% |
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Start ComparisonFrequently Asked Questions
Is TER's revenue growth accelerating or slowing?
TER revenue is accelerating at +43.9% year-over-year, exceeding the 5-year CAGR of +0.4%. TTM revenue reached $3.2B. Growth momentum has increased versus prior periods.
What is TER's long-term revenue growth rate?
Teradyne, Inc.'s 5-year revenue CAGR of +0.4% reflects the sustained expansion pattern. Current YoY growth of +43.9% is above this long-term average.
How is TER's revenue distributed by segment?
TER reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.