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NASDAQ · INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS · LARGE CAP

Teradyne, Inc. TER

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.2B
▲ 13.1% YoY
$554.0M
▲ 2.2% YoY
$450.4M
▼ 5.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Teradyne's automated test systems are used to test semiconductors, wireless products, data storage, silicon photonics, and complex electronics systems in industries including consumer electronics, wireless, automotive, industrial, computing, communications, and aerospace and defense. In 2025, its five largest direct customers accounted in aggregate for 44% of its consolidated revenues. As of December 31, 2025, it employed approximately 6,600 employees, of whom approximately 2,200 were employed in the United States. Teradyne, Inc. was founded in 1960.

Written from the business description in TERADYNE, INC's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 3.2B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.2 · Net income 0.6
2B3B
2008201120142017202020232025
Compound annual growth
+0.4%
+0.4%
+6.9%
+4.9%
−8.2%
−6.7%
+10.4%
+2.5%
−6.3%
+2.9%
−1.8%
+38.1%
+8.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.4% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

17 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.4% · Net 17.4%
10%20%30%-10%-20%-30%
200820162025
ROE
FY2025 · ROE 19.7%
20%40%-20%-40%
200820162025
Three returns, three denominators.

Each USD of equity produced 20 cents of profit this year.

Cash & shareholders

USD 778.4M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 450.4
400M800M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 76.3 · Net buybacks 702.1
400M800MDividendsNet buybacks
20082014201620182020202220242025

USD 76.3M in dividends and USD 702.1M in buybacks — 140% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 4.2B
EquityUSD 2.8B
CashUSD 293.8M
Gross debtUSD 200.0M
Net debtUSD -93.8M
Current ratio1.75×

The company holds more cash than debt.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
TER, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B3.22.82.73.23.73.12.32.12.11.81.61.61.41.71.41.60.81.1
Operating income $B0.70.60.50.81.20.90.60.50.5−0.10.20.10.20.30.20.4−0.1−0.4
EBITDA $B0.80.70.60.91.31.10.70.60.60.10.40.20.30.40.30.5−0.0−0.3
Income tax $B0.10.10.10.10.10.10.10.00.3−0.00.00.00.00.0−0.10.0−0.00.0
Net income $B0.60.50.40.71.00.80.50.50.3−0.00.20.10.20.20.40.4−0.1−0.4
Free cash flow $B0.50.50.40.41.00.70.40.40.50.40.30.30.20.30.20.50.10.1
EPS, diluted $3.473.322.734.225.534.282.602.351.28−0.210.970.370.700.941.631.75−0.77−2.31
Dividend / sh $0.480.480.440.440.400.400.360.090.280.240.240.18◌◌◌◌◌◌
Payout %1414151078131522−1122546——————
ROE %19.720.318.028.542.542.531.126.013.6−2.310.24.08.813.228.243.1−19.5−55.5
Shares out B0.160.160.150.160.160.000.170.180.200.200.200.220.190.190.180.180.17◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityInstruments For Meas & Testing of Electricity & Elec Signals
Listed onNASDAQ
Incorporated inMassachusetts
Fiscal year endsDecember 31
Data on record since2008

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