Teradyne, Inc. (TER) Stock Analysis
Technology · Semiconductor Equipment & Materials · NasdaqGS
Teradyne, Inc. (TER) posted $3.19B in revenue for fiscal 2025 (up 13.1% year over year), at a 17.4% net margin, and has compounded revenue about 0.4%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Teradyne, Inc.
Teradyne, Inc. has grown revenue from $1.75B to $3.19B over the last 10 fiscal years, compounding about 0.4% a year. The most recent year was up 13.1%, so growth is actually accelerating.
Net margin sits at 17.4%, down 1.8 points year over year on a 58.2% gross margin. It carries about $200.00M of total debt.
The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Teradyne, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Teradyne, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75B | $2.14B | $2.10B | $2.29B | $3.12B | $3.70B | $3.16B | $2.68B | $2.82B | $3.19B |
| Gross profit | $958.61M | $1.22B | $1.22B | $1.34B | $1.79B | $2.21B | $1.87B | $1.54B | $1.65B | $1.86B |
| Net income | $-43.42M | $257.69M | $451.78M | $467.47M | $784.15M | $1.01B | $715.50M | $448.75M | $542.37M | $554.05M |
| Net margin | -2.5% | 12.1% | 21.5% | 20.4% | 25.1% | 27.4% | 22.7% | 16.8% | 19.2% | 17.4% |
Source: Teradyne, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Teradyne, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 66.9% while revenue rose 13.1% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Net margin shrinkingNet margin fell from 22.7% to 17.4% over ~3 years — profitability is compressing.
Explore 18 years of Teradyne, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Teradyne, Inc. financial history by metric
Compare Teradyne, Inc. with peers
About Teradyne, Inc.
Teradyne, Inc. engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through Semiconductor Test, Robotics, and Other segments. The Semiconductor Test segment offers products and services for wafer level and device package testing, and system level testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The Robotics segment provides collaborative robotic arms and autonomous mobile robots for manufacturing, logistics, and industrial customers. It also provides product test instruments which includes operations related to the design, manufacturing and marketing of products and services for defense/aerospace test, circuit-board test, wireless test systems, and silicon photonics testing. The company has a strategic collaboration with Tokyo Electron Limited for the development of a test cell solution for device screening in AI and data center applications. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
Teradyne, Inc. — frequently asked questions
What is Teradyne, Inc.'s revenue?
Teradyne, Inc. (TER) reported revenue of $3.19B for fiscal year 2025, up 13.1% from the prior year, according to its SEC filings.
Is Teradyne, Inc. profitable?
Yes. TER earned net income of $554.05M in fiscal 2025, a net margin of 17.4%.
What is TER's P/E ratio?
Teradyne, Inc. trades at a price-to-earnings ratio of about 50.5 based on the latest data in our nightly-refreshed cache.
How fast is Teradyne, Inc. growing?
TER's revenue grew at roughly 0.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Teradyne, Inc. have?
As of fiscal year 2025, TER carried roughly $200.00M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Teradyne, Inc.'s gross margin?
TER's gross margin was 58.2% in fiscal 2025 — gross profit of $1.86B on revenue of $3.19B.
What is Teradyne, Inc.'s market cap?
Teradyne, Inc. (TER) has a market capitalization of about $0, based on the latest data in our nightly-refreshed cache.
When does Teradyne, Inc.'s fiscal year end?
TER's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Teradyne, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.