Teradyne (TER) financials
Teradyne revenue and earnings by year
Teradyne's revenue was $3.19 billion in the fiscal year to December 31, 2025, up 13.1% from the year before. Net income was $554 million, 17.4% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 6.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.19 | 2.82 | 2.68 | 3.16 | 3.70 | 3.12 | 2.29 | 2.10 | 2.14 | 1.75 |
| Revenue growth | 13.1% | 5.4% | -15.2% | -14.8% | 18.6% | 36.0% | 9.2% | -1.7% | 21.9% | — |
| Gross profit | 1.86 | 1.65 | 1.54 | 1.87 | 2.21 | 1.79 | 1.34 | 1.22 | 1.22 | 0.96 |
| Gross margin | 58.2% | 58.5% | 57.4% | 59.2% | 59.6% | 57.2% | 58.4% | 58.1% | 57.2% | 54.7% |
| Operating income | 0.65 | 0.59 | 0.50 | 0.83 | 1.20 | 0.93 | 0.55 | 0.47 | 0.53 | -0.06 |
| Operating margin | 20.4% | 21.1% | 18.7% | 26.4% | 32.4% | 29.7% | 24.1% | 22.6% | 24.6% | -3.6% |
| Net income | 0.55 | 0.54 | 0.45 | 0.72 | 1.01 | 0.78 | 0.47 | 0.45 | 0.26 | -0.04 |
| Net margin | 17.4% | 19.2% | 16.8% | 22.7% | 27.4% | 25.1% | 20.4% | 21.5% | 12.1% | -2.5% |
| Diluted EPS | $3.47 | $3.32 | $2.73 | $4.22 | $5.53 | $4.28 | $2.60 | $2.37 | $1.27 | -$0.22 |
| Free cash flow | 0.45 | 0.47 | 0.43 | 0.42 | 0.97 | 0.68 | 0.44 | 0.36 | 0.52 | 0.37 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open TER in Markets.
How Teradyne makes money
Revenue by segment in the quarter to September 27, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Product | $1.16B | 89.1% |
| Services | $142M | 10.9% |
See also: TER valuation and P/E history · TER returns
No forecast, no recommendation. This page describes Teradyne from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.