Teradyne, Inc. (TER)
NASDAQ: TER · Real-Time Price · USD
430.32
-14.21 (-3.20%)
At close: Oct 6, 2026, 4:00 PM EDT
432.15
+1.83 (0.42%)
After-hours: Oct 6, 2026, 7:56 PM EDT
Teradyne Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 28, 2025 | Jun '25 Jun 29, 2025 | Mar '25 Mar 30, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 29, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Oct '23 Oct 1, 2023 | Jul '23 Jul 2, 2023 | Apr '23 Apr 2, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 2, 2022 | Jul '22 Jul 3, 2022 | Apr '22 Apr 3, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 3, 2021 |
| 1,329 | 1,282 | 1,083 | 769.21 | 651.8 | 685.68 | 752.88 | 737.3 | 729.88 | 599.82 | 670.6 | 703.73 | 684.44 | 617.53 | 731.84 | 827.07 | 840.77 | 755.37 | 885.05 | 950.5 | |
Revenue Growth (YoY) | 103.90% | 87.04% | 43.89% | 4.33% | -10.70% | 14.31% | 12.27% | 4.77% | 6.64% | -2.87% | -8.37% | -14.91% | -18.59% | -18.25% | -17.31% | -12.99% | -22.56% | -3.36% | 16.61% | 15.99% |
Cost of Revenue | 534.37 | 501.55 | 463.65 | 319.9 | 278.79 | 270.34 | 305.6 | 300.78 | 304.04 | 260.54 | 291.06 | 305.44 | 281.95 | 261.11 | 311.39 | 341.69 | 334.38 | 300.44 | 358 | 379.5 |
Gross Profit | 794.62 | 780.95 | 619.69 | 449.31 | 373.01 | 415.34 | 447.29 | 436.51 | 425.84 | 339.28 | 379.54 | 398.29 | 402.49 | 356.42 | 420.45 | 485.38 | 506.39 | 454.93 | 527.05 | 571 |
Selling, General & Admin | 192.52 | 166.74 | 165.7 | 169.13 | 157.78 | 157.26 | 154.13 | 156.47 | 154.47 | 149.19 | 143.48 | 140.55 | 145.7 | 150.96 | 120.69 | 135.63 | 139.53 | 140.19 | 141.8 | 134.83 |
Research & Development | 156.28 | 135.56 | 143.27 | 124.76 | 118.38 | 118.19 | 128.39 | 117.47 | 111.82 | 103.2 | 102.21 | 104.41 | 105.71 | 105.76 | 108.81 | 111.72 | 111.95 | 108.12 | 109.97 | 107.22 |
Amortization of Goodwill & Intangibles | 4.97 | 2.22 | 3.45 | 3.51 | 3.73 | 4.57 | 4.66 | 4.75 | 4.66 | 4.7 | 4.65 | 4.72 | 4.83 | 4.8 | 4.67 | 4.73 | 4.87 | 5.06 | 5.16 | 5.36 |
Other Operating Expenses | 0.13 | -5.98 | -21.52 | 6.59 | 0.07 | 0.02 | -0.25 | 3.28 | 0.01 | 0.23 | -1.06 | 0.65 | 1.26 | - | -29.16 | 0.6 | 2.04 | 1.01 | -0.71 | 0.6 |
Operating Expenses | 353.91 | 298.55 | 290.89 | 303.99 | 279.97 | 280.03 | 286.92 | 281.97 | 270.96 | 257.31 | 249.28 | 250.33 | 257.48 | 261.52 | 205.01 | 252.67 | 258.4 | 254.38 | 256.22 | 248 |
Operating Income | 440.71 | 482.4 | 328.8 | 145.32 | 93.04 | 135.3 | 160.37 | 154.54 | 154.88 | 81.97 | 130.26 | 147.96 | 145.01 | 94.9 | 215.44 | 232.71 | 247.99 | 200.56 | 270.83 | 323 |
Interest Expense | -2.96 | -3.15 | -3.94 | -1.31 | -0.81 | -0.8 | -0.59 | -0.81 | -1.53 | -0.66 | -0.81 | -0.96 | -1.05 | -0.99 | -1.02 | -0.78 | -0.91 | -1.01 | -2.47 | -3.79 |
Interest & Investment Income | 3.18 | 2.42 | 3.08 | 3.19 | 4.35 | 5.08 | 5.11 | 5.08 | 6.72 | 7.87 | 8.86 | 6.87 | 6.35 | 5.26 | 3.41 | 1.32 | 0.95 | 0.7 | 0.56 | 0.63 |
Earnings From Equity Investments | -1.95 | -4.61 | -3.21 | -5.2 | -5.93 | -5.58 | -6.14 | -1.08 | - | - | - | - | - | - | - | - | - | - | - | - |
Currency Exchange Gain (Loss) | -1.52 | -2.49 | -2.78 | -3.02 | -0.12 | -2.03 | -2.24 | -1.93 | 3.3 | -14.92 | 6.04 | -3.41 | -2.66 | -1.66 | -1.03 | -2.85 | -2 | -2.55 | 0.25 | -1.29 |
Other Non Operating Income (Expenses) | -1.02 | -0.71 | 3.12 | 0.12 | -1.99 | -0.63 | 0.41 | 0.4 | -0.25 | 2.54 | -1.76 | 1.93 | -0.66 | -0.59 | 3.72 | -0.5 | -0.54 | -0.64 | 1.29 | -0.15 |
EBT Excluding Unusual Items | 436.44 | 473.87 | 325.07 | 139.1 | 88.55 | 131.34 | 156.93 | 156.21 | 163.12 | 76.8 | 142.59 | 152.39 | 147 | 96.92 | 220.53 | 229.9 | 245.49 | 197.06 | 270.46 | 318.41 |
Merger & Restructuring Charges | -2.9 | -9.4 | -31.7 | - | -2.3 | -13.4 | -3.5 | -1.3 | -2 | -4.2 | -6 | -4.7 | -5.1 | -2.04 | -0.8 | -1.2 | - | - | 0.53 | -0.6 |
Gain (Loss) on Sale of Investments | 8.13 | -3.4 | -2.1 | 3.8 | 4.38 | -3.4 | -0.1 | 3 | 0.8 | 0.3 | 4.3 | -1.9 | 2.5 | 2.2 | 1.5 | -2.5 | -6.9 | -2 | 1.6 | 0.1 |
Gain (Loss) on Sale of Assets | - | - | - | - | - | - | -0.37 | - | 57.49 | - | - | - | - | - | 3.41 | - | - | - | - | - |
Asset Writedown | - | - | -4.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -26.7 | - | - | -14.7 | -12 | - |
Other Unusual Items | - | - | - | - | - | -1.1 | -1.3 | - | - | - | -1.09 | -1.51 | - | - | -2.7 | - | - | - | -5.4 | -20.15 |
Pretax Income | 441.67 | 461.07 | 286.37 | 142.9 | 90.63 | 113.44 | 151.66 | 157.91 | 219.4 | 72.9 | 139.81 | 144.28 | 144.4 | 97.08 | 195.24 | 226.2 | 238.59 | 180.36 | 255.18 | 297.76 |
Income Tax Expense | 66.79 | 62.16 | 29.15 | 23.34 | 12.26 | 14.54 | 5.41 | 12.26 | 33.13 | 8.71 | 22.75 | 16.16 | 24.35 | 13.55 | 22.94 | 42.71 | 40.81 | 18.43 | 31.14 | 41.04 |
Earnings From Continuing Operations | 374.89 | 398.91 | 257.22 | 119.56 | 78.37 | 98.9 | 146.25 | 145.65 | 186.27 | 64.2 | 117.05 | 128.12 | 120.05 | 83.53 | 172.3 | 183.49 | 197.79 | 161.93 | 224.04 | 256.72 |
Minority Interest in Earnings | -0.35 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 374.53 | 398.91 | 257.22 | 119.56 | 78.37 | 98.9 | 146.25 | 145.65 | 186.27 | 64.2 | 117.05 | 128.12 | 120.05 | 83.53 | 172.3 | 183.49 | 197.79 | 161.93 | 224.04 | 256.72 |
Net Income to Common | 374.53 | 398.91 | 257.22 | 119.56 | 78.37 | 98.9 | 146.25 | 145.65 | 186.27 | 64.2 | 117.05 | 128.12 | 120.05 | 83.53 | 172.3 | 183.49 | 197.79 | 161.93 | 224.04 | 256.72 |
Net Income Growth (YoY) | 377.89% | 303.36% | 75.87% | -17.91% | -57.93% | 54.05% | 24.95% | 13.69% | 55.16% | -23.15% | -32.06% | -30.18% | -39.30% | -48.41% | -23.09% | -28.53% | -39.76% | -21.21% | 14.11% | 15.27% |
Shares Outstanding (Basic) | 156 | 156 | 156 | 159 | 160 | 162 | 162 | 163 | 158 | 153 | 153 | 154 | 155 | 156 | 156 | 156 | 160 | 162 | 163 | 165 |
Shares Outstanding (Diluted) | 158 | 158 | 158 | 159 | 160 | 162 | 163 | 164 | 163 | 162 | 162 | 164 | 165 | 166 | 165 | 167 | 171 | 176 | 178 | 182 |
Shares Change (YoY) | -1.52% | -2.69% | -3.39% | -3.14% | -2.04% | -0.22% | 0.66% | 0.12% | -0.78% | -2.38% | -2.03% | -1.61% | -3.74% | -5.28% | -7.05% | -8.38% | -8.35% | -6.48% | -4.72% | -1.27% |
EPS (Basic) | 2.39 | 2.55 | 1.64 | 0.75 | 0.49 | 0.61 | 0.90 | 0.89 | 1.18 | 0.42 | 0.77 | 0.83 | 0.78 | 0.54 | 1.11 | 1.17 | 1.24 | 1.00 | 1.38 | 1.56 |
EPS (Diluted) | 2.38 | 2.53 | 1.63 | 0.75 | 0.49 | 0.61 | 0.90 | 0.89 | 1.14 | 0.40 | 0.72 | 0.78 | 0.73 | 0.50 | 1.05 | 1.10 | 1.16 | 0.92 | 1.27 | 1.41 |
EPS Growth (YoY) | 385.79% | 314.75% | 81.45% | -15.73% | -57.02% | 52.50% | 24.89% | 14.10% | 56.16% | -20.00% | -31.35% | -29.09% | -37.07% | -45.65% | -17.03% | -21.99% | -34.09% | -15.60% | 20.44% | 16.53% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 28, 2026 | Mar '26 Mar 29, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 28, 2025 | Jun '25 Jun 29, 2025 | Mar '25 Mar 30, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 29, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Oct '23 Oct 1, 2023 | Jul '23 Jul 2, 2023 | Apr '23 Apr 2, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 2, 2022 | Jul '22 Jul 3, 2022 | Apr '22 Apr 3, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 3, 2021 |
Free Cash Flow | 378.43 | 200.39 | 218.75 | 2.36 | 131.68 | 97.62 | 225.17 | 114.43 | 171.22 | -36.74 | 204.44 | 139.74 | 103.51 | -22.11 | 148.83 | 232.68 | 69.71 | -36.54 | 301.97 | 493.45 |
Free Cash Flow Per Share | 2.40 | 1.27 | 1.39 | 0.01 | 0.82 | 0.60 | 1.38 | 0.70 | 1.05 | -0.23 | 1.26 | 0.85 | 0.63 | -0.13 | 0.90 | 1.40 | 0.41 | -0.21 | 1.70 | 2.71 |
Dividend Per Share | 0.130 | 0.130 | 0.120 | 0.120 | 0.120 | 0.120 | 0.120 | 0.120 | 0.120 | 0.120 | 0.110 | 0.110 | 0.110 | 0.110 | 0.110 | 0.110 | 0.110 | 0.110 | 0.100 | 0.100 |
Dividend Growth (YoY) | 8.33% | 8.33% | 0% | 0% | 0% | 0% | 9.09% | 9.09% | 9.09% | 9.09% | 0% | 0% | 0% | 0% | 10.00% | 10.00% | 10.00% | 10.00% | 0% | 0% |
Gross Margin | 59.79% | 60.89% | 57.20% | 58.41% | 57.23% | 60.57% | 59.41% | 59.20% | 58.34% | 56.56% | 56.60% | 56.60% | 58.81% | 57.72% | 57.45% | 58.69% | 60.23% | 60.23% | 59.55% | 60.07% |
Operating Margin | 33.16% | 37.61% | 30.35% | 18.89% | 14.27% | 19.73% | 21.30% | 20.96% | 21.22% | 13.67% | 19.43% | 21.02% | 21.19% | 15.37% | 29.44% | 28.14% | 29.50% | 26.55% | 30.60% | 33.98% |
Profit Margin | 28.18% | 31.10% | 23.74% | 15.54% | 12.02% | 14.42% | 19.43% | 19.75% | 25.52% | 10.70% | 17.46% | 18.20% | 17.54% | 13.53% | 23.54% | 22.18% | 23.52% | 21.44% | 25.31% | 27.01% |
Free Cash Flow Margin | 28.48% | 15.63% | 20.19% | 0.31% | 20.20% | 14.24% | 29.91% | 15.52% | 23.46% | -6.13% | 30.49% | 19.86% | 15.12% | -3.58% | 20.34% | 28.13% | 8.29% | -4.84% | 34.12% | 51.91% |
EBITDA | 474.36 | 515.06 | 364.57 | 175.83 | 124.43 | 165.61 | 191.49 | 184.83 | 185.09 | 110.09 | 158.21 | 176.09 | 172.21 | 122.51 | 243.2 | 261.07 | 274.81 | 228.29 | 300.82 | 353.3 |
EBITDA Margin | 35.69% | 40.16% | 33.65% | 22.86% | 19.09% | 24.15% | 25.44% | 25.07% | 25.36% | 18.35% | 23.59% | 25.02% | 25.16% | 19.84% | 33.23% | 31.56% | 32.68% | 30.22% | 33.99% | 37.17% |
D&A For EBITDA | 33.65 | 32.66 | 35.77 | 30.52 | 31.39 | 30.3 | 31.13 | 30.29 | 30.2 | 28.12 | 27.95 | 28.13 | 27.21 | 27.61 | 27.76 | 28.36 | 26.82 | 27.74 | 29.99 | 30.3 |
EBIT | 440.71 | 482.4 | 328.8 | 145.32 | 93.04 | 135.3 | 160.37 | 154.54 | 154.88 | 81.97 | 130.26 | 147.96 | 145.01 | 94.9 | 215.44 | 232.71 | 247.99 | 200.56 | 270.83 | 323 |
EBIT Margin | 33.16% | 37.61% | 30.35% | 18.89% | 14.27% | 19.73% | 21.30% | 20.96% | 21.22% | 13.67% | 19.43% | 21.02% | 21.19% | 15.37% | 29.44% | 28.14% | 29.50% | 26.55% | 30.60% | 33.98% |
Effective Tax Rate | 15.12% | 13.48% | 10.18% | 16.34% | 13.53% | 12.82% | 3.57% | 7.76% | 15.10% | 11.94% | 16.27% | 11.20% | 16.86% | 13.96% | 11.75% | 18.88% | 17.10% | 10.22% | 12.20% | 13.78% |
Revenue as Reported | 1,329 | 1,282 | 1,083 | 769.21 | 651.8 | 685.68 | 752.88 | 737.3 | 729.88 | 599.82 | 670.6 | 703.73 | 684.44 | 617.53 | 731.84 | 827.07 | 840.77 | 755.37 | 885.05 | 950.5 |