Teradyne, Inc (TER) Financial Statements
Industry: Instruments For Meas & Testing of Electricity & Elec Signals
In fiscal 2025, Teradyne reported revenue of $3.19B, up 13.1% from $2.82B the year before. Net income was $554.0M (a 17.4% net margin), or $3.47 per diluted share. Gross margin was 58.2% and operating margin was 20.4%. Operating activities generated $674.4M of cash, leaving $450.4M of free cash flow. At fiscal year end, Teradyne held $4.18B in total assets against $1.39B in total liabilities, including $293.8M of cash and equivalents.
Open the full interactive Teradyne financials → Quarterly statements, key ratios, valuation history and price charts.
Teradyne Key Stats
| Share Price | $380.29 |
|---|---|
| Market Cap | $59.97B |
| P/E Ratio | 109.6 |
| Dividend Yield | 0.13% |
| Revenue YoY Growth | +13.1% |
| 52-Week Range | $136.71 – $483.65 |
| Shares Outstanding | 156.5 million (basic, 2026 Q2) |
Teradyne Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.12B | $3.70B | $3.16B | $2.68B | $2.82B | $3.19B |
| Cost of Goods Sold | $1.34B | $1.50B | $1.29B | $1.14B | $1.17B | $1.33B |
| Gross Profit | $1.79B | $2.21B | $1.87B | $1.54B | $1.65B | $1.86B |
| Operating Income | $928.4M | $1.20B | $831.9M | $501.1M | $593.8M | $650.1M |
| Pre-Tax Income | $901.0M | $1.16B | $840.4M | $525.6M | $609.1M | $653.3M |
| Income Tax | $116.9M | $146.4M | $124.9M | $76.8M | $59.5M | $79.3M |
| Net Income | $784.1M | $1.01B | $715.5M | $448.8M | $542.4M | $554.0M |
| Diluted EPS | $4.28 | $5.53 | $4.22 | $2.73 | $3.32 | $3.47 |
Teradyne Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $769.2M | $1.08B | $1.28B | $1.33B |
| Net Income | $119.6M | $257.2M | $398.9M | $374.5M |
| Diluted EPS | $0.75 | $1.61 | $2.53 | $2.38 |
Teradyne Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $914.1M | $1.12B | $854.8M | $757.6M | $553.4M | $293.8M |
| Current Assets | $2.42B | $2.58B | $2.26B | $2.16B | $1.82B | $1.95B |
| Total Assets | $3.65B | $3.81B | $3.50B | $3.49B | $3.71B | $4.18B |
| Current Liabilities | $700.9M | $805.1M | $746.3M | $660.0M | $624.6M | $1.12B |
| Total Long-Term Debt | $410.1M | $108.4M | — | — | — | — |
| Total Liabilities | $1.44B | $1.25B | $1.05B | $960.9M | $889.4M | $1.39B |
| Shareholders' Equity | $2.21B | $2.56B | $2.45B | $2.53B | $2.82B | $2.80B |
Teradyne Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $868.9M | $1.10B | $577.9M | $585.2M | $672.2M | $674.4M |
| Cash From Investing | -$569.8M | $120.4M | $43.8M | -$179.6M | -$622.3M | -$368.6M |
| Cash From Financing | -$158.3M | -$1.01B | -$893.0M | -$501.9M | -$251.8M | -$562.2M |
| Free Cash Flow | $684.0M | $965.9M | $414.7M | $425.6M | $474.1M | $450.4M |
| Dividends Paid | $66.5M | $66.0M | $69.7M | $67.9M | $76.4M | $76.3M |
Figures from Teradyne's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Teradyne financials page for every line item.
Teradyne Company Profile
| Ticker | TER |
|---|---|
| Exchange | Nasdaq |
| Industry | Instruments For Meas & Testing of Electricity & Elec Signals |
| Headquarters | North Reading, Massachusetts |
| Incorporated in | Massachusetts |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000097210 |
Frequently Asked Questions
What was Teradyne's revenue in fiscal 2025?
Teradyne (TER) reported revenue of $3.19B for fiscal 2025.
What is Teradyne's annual revenue history?
Teradyne's annual revenue by fiscal year: 2020: $3.12B; 2021: $3.70B; 2022: $3.16B; 2023: $2.68B; 2024: $2.82B; 2025: $3.19B.
What was Teradyne's net income in fiscal 2025?
Teradyne reported net income of $554.0M for fiscal 2025.
What was Teradyne's earnings per share (EPS) in fiscal 2025?
Teradyne's diluted EPS was $3.47 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Teradyne generate in fiscal 2025?
Teradyne generated $450.4M of free cash flow in fiscal 2025.
What was Teradyne's revenue last quarter?
In its most recent reported quarter (2026 Q2), Teradyne reported revenue of $1.33B.
How many shares of Teradyne are outstanding?
Teradyne reported a weighted average of 156.5 million basic shares outstanding in 2026 Q2.
What is Teradyne's market cap?
Based on its latest closing price, Teradyne (TER) has a market capitalization of about $59.97B.
When does Teradyne's fiscal year end?
Teradyne's fiscal year end, as registered with the SEC, is December 31.
Where is Teradyne headquartered?
Teradyne lists its business address in North Reading, Massachusetts in its SEC filings.