Teradyne Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,190	2,820	2,676	3,155	3,703
Revenue Growth (YoY)	13.13%	5.37%	-15.17%	-14.79%	18.63%
Cost of Revenue	1,333	1,171	1,140	1,288	1,496
Gross Profit	1,857	1,649	1,537	1,867	2,207
Selling, General & Admin	648.87	617.05	577.32	558.1	547.56
Depreciation & Amortization Expenses	15.27	18.76	19	19.33	21.46
Research & Development	504.6	460.88	418.09	440.59	427.61
Other Operating Expenses	38.55	-41.55	21.28	17.19	9.31
Operating Income	650.05	593.79	501.07	831.94	1,201
Interest Income	35.61	31.98	27.35	6.38	2.63
Interest Expense	-6.85	-3.59	-3.81	-3.72	-17.82
Other Non-Operating Income (Expense)	5.64	5.89	-0.96	-5.79	24.57
Total Non-Operating Income (Expense)	34.41	34.28	22.58	-3.13	9.38
Pretax Income	653.26	609.09	525.57	840.39	1,161
Provision for Income Taxes	79.3	59.5	76.82	124.88	146.37
Net Income	554.05	542.37	448.75	715.5	1,015
Net Income to Common	554.05	542.37	448.75	715.5	1,015
Net Income Growth	2.15%	20.86%	-37.28%	-29.48%	29.39%
Shares Outstanding (Basic)	159	159	154	158	165
Shares Outstanding (Diluted)	160	163	164	170	184
Shares Change (YoY)	-2.20%	-0.60%	-3.20%	-7.56%	0.32%
EPS (Basic)	3.48	3.41	2.91	4.52	6.15
EPS (Diluted)	3.47	3.32	2.73	4.22	5.53
EPS Growth	4.52%	21.61%	-35.31%	-23.69%	29.21%
Free Cash Flow	450.41	474.08	425.59	414.67	965.89
Free Cash Flow Growth	-4.99%	11.39%	2.63%	-57.07%	41.22%
Free Cash Flow Per Share	2.82	2.90	2.59	2.44	5.26
Dividends Per Share	0.480	0.480	0.440	0.440	0.400
Dividend Growth	-	9.09%	-	10.00%	-
Gross Margin	58.22%	58.48%	57.42%	59.18%	59.59%
Operating Margin	20.38%	21.06%	18.72%	26.37%	32.43%
Profit Margin	17.99%	19.49%	16.77%	22.68%	27.40%
FCF Margin	14.12%	16.81%	15.90%	13.14%	26.08%
EBITDA	778.03	713.53	611.95	942.61	1,326
EBITDA Margin	24.39%	25.30%	22.87%	29.88%	35.82%
EBIT	650.05	593.79	501.07	831.94	1,201
EBIT Margin	20.38%	21.06%	18.72%	26.37%	32.43%
Effective Tax Rate	12.14%	9.77%	14.62%	14.86%	12.61%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.