Teradyne, Inc. (TER)

Teradyne Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 29, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	3,787	3,190	2,820	2,676	3,155	3,703
Revenue Growth (YoY)	30.32%	13.13%	5.37%	-15.17%	-14.79%	18.63%
Cost of Revenue	1,564	1,333	1,171	1,140	1,288	1,496
Gross Profit	2,223	1,857	1,649	1,537	1,867	2,207
Selling, General & Admin	658.36	648.87	617.05	577.32	558.1	547.56
Depreciation & Amortization Expenses	12.92	15.27	18.76	19	19.33	21.46
Research & Development	521.97	504.6	460.88	418.09	440.59	427.61
Other Operating Expenses	27.46	38.55	-41.55	21.28	17.19	9.31
Total Operating Expenses	1,221	1,207	1,055	1,036	1,035	1,006
Operating Income	1,002	650.05	593.79	501.07	831.94	1,201
Interest Income	31.98	35.61	31.98	27.35	6.38	2.63
Interest Expense	-9.2	-6.85	-3.59	-3.81	-3.72	-17.82
Other Non-Operating Income (Expense)	6.18	5.64	5.89	-0.96	-5.79	24.57
Total Non-Operating Income (Expense)	28.96	34.41	34.28	22.58	-3.13	9.38
Pretax Income	999.91	653.26	609.09	525.57	840.39	1,161
Provision for Income Taxes	126.91	79.3	59.5	76.82	124.88	146.37
Net Income	854.06	554.05	542.37	448.75	715.5	1,015
Net Income to Common	854.06	554.05	542.37	448.75	715.5	1,015
Net Income Growth	48.00%	2.15%	20.86%	-37.28%	-29.48%	29.39%
Shares Outstanding (Basic)	158	159	159	154	158	165
Shares Outstanding (Diluted)	159	160	163	164	170	184
Shares Change (YoY)	-2.82%	-2.20%	-0.60%	-3.20%	-7.56%	0.32%
EPS (Basic)	5.43	3.48	3.41	2.91	4.52	6.15
EPS (Diluted)	5.40	3.47	3.32	2.73	4.22	5.53
EPS Growth	52.54%	4.52%	21.61%	-35.31%	-23.69%	29.21%
Shares Outstanding	156.54	156.09	161.72	152.7	155.76	162.25
Free Cash Flow	553.18	450.41	474.08	425.59	414.67	965.89
Free Cash Flow Growth	22.82%	-4.99%	11.39%	2.63%	-57.07%	41.22%
Free Cash Flow Per Share	3.49	2.82	2.90	2.59	2.44	5.26
Dividends Per Share	0.490	0.480	0.480	0.440	0.440	0.400
Dividend Growth	2.08%	-	9.09%	-	10.00%	-
Gross Margin	58.70%	58.22%	58.48%	57.42%	59.18%	59.59%
Operating Margin	26.47%	20.38%	21.06%	18.72%	26.37%	32.43%
Profit Margin	23.05%	17.99%	19.49%	16.77%	22.68%	27.40%
FCF Margin	14.61%	14.12%	16.81%	15.90%	13.14%	26.08%
EBITDA	1,133	778.03	713.53	611.95	942.61	1,326
EBITDA Margin	29.91%	24.39%	25.30%	22.87%	29.88%	35.82%
EBIT	1,002	650.05	593.79	501.07	831.94	1,201
EBIT Margin	26.47%	20.38%	21.06%	18.72%	26.37%	32.43%
Effective Tax Rate	12.69%	12.14%	9.77%	14.62%	14.86%	12.61%

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q