TERADYNE, INC
TERADYNE, INC
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 242 | 294 | 273 | 339 | 476 | 553 | 510 | 422 | 707 | 758 | 637 | 613 | |||||
Accounts Receivable Net Current | 1,108 | 787 | 594 | 433 | 460 | 471 | 484 | 470 | 426 | 422 | 456 | 493 | |||||
Inventory Net | 363 | 380 | 367 | 351 | 345 | 298 | 297 | 289 | 314 | 310 | 323 | 347 | |||||
Prepaid Expense Current | 439 | 428 | 469 | 413 | 424 | 429 | 490 | 516 | 538 | 549 | 593 | 561 | |||||
Other Assets Current | 19 | 33 | 23 | 19 | 19 | 18 | 16 | 21 | 16 | 38 | 11 | 14 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | 0 | 0 | 0 | 22 | 23 | - | - | |||||
Assets Current | 2,173 | 1,949 | 1,750 | 1,584 | 1,756 | 1,816 | 1,839 | 1,756 | 2,065 | 2,162 | 2,099 | 2,124 | |||||
Property Plant And Equipment Net | 586 | 563 | 570 | 560 | 542 | 508 | 492 | 472 | 457 | 445 | 436 | 437 | |||||
Operating Lease Right Of Use Asset | 76 | 77 | 62 | 67 | 63 | 70 | 71 | 72 | 75 | 73 | 79 | 76 | |||||
Deferred Income Tax Assets Net | 282 | 275 | 253 | 240 | 231 | 222 | 202 | 193 | 186 | 176 | 163 | 152 | |||||
Defined Benefit Plan Assets For Plan Benefits Nonc… | 12 | 12 | 13 | 12 | 12 | 12 | 13 | 11 | 11 | 12 | 11 | 12 | |||||
Equity Method Investments | 523 | 537 | 538 | 545 | 510 | 494 | 538 | 524 | - | 0 | - | - | |||||
Other Assets Noncurrent | 71 | 72 | 73 | 55 | 52 | 50 | 48 | 48 | 45 | 39 | 38 | 33 | |||||
Intangible Assets Net Excluding Goodwill | 49 | 51 | 55 | 58 | 18 | 16 | 21 | 25 | 30 | 35 | 39 | 45 | |||||
Goodwill | 514 | 521 | 520 | 520 | 409 | 395 | 419 | 405 | 408 | 416 | 401 | 412 | |||||
Assets | 4,434 | 4,184 | 3,964 | 3,762 | 3,706 | 3,709 | 3,770 | 3,632 | 3,411 | 3,487 | 3,371 | 3,395 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | 0 | 0 | 0 | 11 | 12 | - | - | |||||
Liabilities | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 345 | 269 | 228 | 172 | 187 | 135 | 158 | 161 | 154 | 180 | 176 | 153 | |||||
Employee Related Liabilities Current | 156 | 255 | 204 | 176 | 143 | 205 | 160 | 161 | 121 | 192 | 155 | 164 | |||||
Other Accrued Liabilities Current | 123 | 112 | 139 | 110 | 100 | 91 | 105 | 109 | 101 | 115 | 123 | 114 | |||||
Operating Lease Liability Current | 18 | 19 | 19 | 20 | 18 | 19 | 19 | 18 | 17 | 18 | 18 | 20 | |||||
Short Term Borrowings | 0 | 200 | 200 | - | - | - | - | - | - | - | - | - | |||||
Accrued Income Taxes Current | 173 | 107 | 72 | 73 | 81 | 68 | 53 | 74 | 56 | 49 | 36 | 65 | |||||
Convertible Debt Current | - | - | - | - | - | - | - | - | - | 0 | 24 | 33 | |||||
Liabilities Current | 1,012 | 1,115 | 995 | 675 | 649 | 625 | 595 | 626 | 554 | 660 | 641 | 670 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | 0 | 0 | 0 | 5 | 7 | - | - | |||||
Pension And Other Postretirement Defined Benefit P… | 143 | 145 | 143 | 139 | 136 | 133 | 138 | 135 | 135 | 132 | 123 | 124 | |||||
Deferred Revenue Noncurrent | 58 | 51 | 44 | 40 | 39 | 41 | 41 | 36 | 35 | 37 | 34 | 39 | |||||
Deferred Tax And Other Liabilities Noncurrent | 5 | 5 | 7 | 7 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |||||
Other Accrued Liabilities Noncurrent | 8 | 8 | 8 | 8 | 8 | 7 | 8 | 17 | 17 | 20 | 17 | 16 | |||||
Operating Lease Liability Noncurrent | 64 | 64 | 50 | 55 | 50 | 58 | 60 | 62 | 66 | 65 | 69 | 65 | |||||
Accrued Income Taxes Noncurrent | - | 0 | 0 | 0 | 25 | 25 | 25 | 25 | 44 | 44 | 44 | 44 | |||||
Liabilities | 1,290 | 1,388 | 1,246 | 925 | 908 | 889 | 867 | 901 | 853 | 961 | 929 | 960 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 19 | 19 | 19 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | 0 | 0 | 0 | 2 | 2 | - | - | |||||
Additional Paid In Capital Common Stock | 1,986 | 1,990 | 1,973 | 1,942 | 1,926 | 1,910 | 1,896 | 1,865 | 1,848 | 1,827 | 1,816 | 1,785 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 20 | 42 | 37 | 41 | -42 | -81 | -4 | -44 | -40 | -27 | -48 | -30 | |||||
Retained Earnings Accumulated Deficit | 1,118 | 744 | 687 | 835 | 893 | 971 | 990 | 889 | 730 | 707 | 654 | 661 | |||||
Stockholders Equity | 3,144 | 2,796 | 2,717 | 2,837 | 2,797 | 2,819 | 2,903 | 2,731 | 2,558 | 2,526 | 2,441 | 2,435 | |||||
Liabilities And Stockholders Equity | 4,434 | 4,184 | 3,964 | 3,762 | 3,706 | 3,709 | 3,770 | 3,632 | 3,411 | 3,487 | 3,371 | 3,395 | |||||
Allowance For Doubtful Accounts Receivable Current | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Common Stock Par Or Stated Value Per Share | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | |||||
Common Stock Shares Authorized | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Shares Issued | 157 | 156 | 157 | 159 | 161 | 162 | 163 | 162 | 154 | 153 | 153 | 154 | |||||
Shares Outstanding | 157 | 156 | 157 | 159 | 161 | 162 | 163 | 162 | 154 | 153 | 153 | 154 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.81% | 26.83% | -6.64% | - | - | - | - | - | - | - | - | - |
| 2025 | 1.60% | 13.89% | 23.96% | 10.70% | 15.18% | 32.78% | -10.16% | 10.43% | 29.08% | -9.33% | 16.49% | 13.89% |
| 2024 | 19.67% | 23.36% | 21.68% | 15.92% | 10.06% | 7.58% | 1.62% | 18.41% | 30.11% | -26.83% | -37.87% | -34.69% |
| 2023 | 12.09% | 13.65% | 24.34% | -3.38% | -11.09% | -14.50% | 5.59% | 22.87% | 24.12% | 0.57% | 3.31% | 19.95% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.15 | 1.75 | 1.76 | 2.35 | 2.70 | 2.91 | 3.09 | 2.80 | 3.73 | 3.28 | 3.28 | 3.17 | |||||
| Quick Ratio | 1.36 | 1.02 | 0.92 | 1.21 | 1.52 | 1.74 | 1.77 | 1.52 | 2.19 | 1.97 | 1.85 | 1.82 | |||||
| Working Capital | 1.16B | 834.09M | 755.17M | 908.34M | 1.11B | 1.19B | 1.24B | 1.13B | 1.51B | 1.50B | 1.46B | 1.45B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.41 | 0.50 | 0.46 | 0.33 | 0.32 | 0.32 | 0.30 | 0.33 | 0.33 | 0.38 | 0.38 | 0.39 | |||||
| Interest Coverage TTM | 108.92 | 94.95 | 145.96 | 172.63 | 171.14 | 165.54 | 148.17 | 140.34 | 139.65 | 131.65 | 135.49 | 164.89 | |||||
| Debt Ratio | 0.29 | 0.33 | 0.31 | 0.25 | 0.25 | 0.24 | 0.23 | 0.25 | 0.25 | 0.28 | 0.28 | 0.28 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.93 | 0.81 | 0.74 | 0.76 | 0.82 | 0.78 | 0.77 | 0.77 | 0.78 | 0.77 | 0.82 | 0.83 | |||||
| Days Sales Outstanding TTM | 75.56 | 71.99 | 68.81 | 58.30 | 55.69 | 57.83 | 62.68 | 65.03 | 60.52 | 62.28 | 65.75 | 75.08 | |||||
| Receivables Turnover TTM | 4.83 | 5.07 | 5.30 | 6.26 | 6.55 | 6.31 | 5.82 | 5.61 | 6.03 | 5.86 | 5.55 | 4.86 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 5.42 | 3.47 | 2.78 | 2.93 | 3.56 | 3.32 | 3.12 | 3.03 | 2.65 | 2.73 | 3.07 | 3.40 | |||||
| Free Cash Flow Per Share TTM | 3.54 | 2.83 | 2.88 | 3.56 | 3.77 | 2.98 | 2.78 | 3.03 | 2.69 | 2.76 | 2.41 | 2.99 | |||||
| Dividend Per Share TTM | 0.50 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.44 | 0.44 | 0.45 | 0.44 | 0.45 | 0.45 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 58.70% | 58.22% | 58.92% | 59.14% | 59.36% | 58.48% | 57.76% | 57.06% | 57.16% | 57.42% | 57.63% | 58.19% | |||||
| Operating Profit Margin TTM | 26.47% | 20.38% | 17.85% | 18.29% | 21.92% | 21.06% | 20.62% | 20.58% | 18.28% | 18.72% | 19.85% | 22.05% | |||||
| Net Profit Margin TTM | 22.55% | 17.37% | 15.49% | 16.59% | 19.86% | 19.23% | 18.75% | 18.33% | 16.15% | 16.77% | 18.41% | 19.55% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 30.32% | 13.13% | 4.46% | 4.57% | 9.30% | 5.36% | 0.00% | -5.48% | -11.89% | -15.17% | -17.25% | -16.63% | |||||
| Net Income Growth (1Y) | 48.00% | 2.15% | -13.66% | -5.34% | 34.38% | 20.86% | 1.82% | -11.39% | -32.60% | -37.28% | -34.31% | -33.45% | |||||
| EPS Growth (1Y) | 52.82% | 2.13% | -11.26% | -6.62% | 27.35% | 17.24% | -3.95% | -13.10% | -31.34% | -35.61% | -33.20% | -31.38% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 54.27 | 55.55 | 49.19 | 30.58 | 23.02 | 36.74 | 42.28 | 46.87 | 39.89 | 36.97 | 30.33 | 30.45 | |||||
| P/B TTM | 14.74 | 11.01 | 8.02 | 5.06 | 4.75 | 7.07 | 7.47 | 8.51 | 6.70 | 6.57 | 6.26 | 7.00 | |||||
| P/S TTM | 12.24 | 9.65 | 7.62 | 5.07 | 4.57 | 7.07 | 7.92 | 8.59 | 6.44 | 6.20 | 5.58 | 5.95 | |||||
| Market Cap | 46.35B | 30.77B | 21.80B | 14.35B | 13.29B | 19.93B | 21.69B | 23.23B | 17.13B | 16.59B | 15.29B | 17.03B | |||||
| Enterprise Value | 46.11B | 30.68B | 21.72B | 14.01B | 12.81B | 19.38B | 21.18B | 22.81B | 16.42B | 15.83B | 14.67B | 16.45B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 553.18M | 450.41M | 456.83M | 568.90M | 608.44M | 474.08M | 453.35M | 478.67M | 410.95M | 425.59M | 369.97M | 462.90M | |||||
| Net Debt | -241.94M | -93.75M | -72.70M | -339.25M | -475.63M | -553.35M | -510.04M | -421.90M | -707.40M | -757.57M | -613.43M | -580.40M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
TERADYNE, INC (TER) — SEC Financial Statements & Analysis
TERADYNE, INC (TER) is a instruments for meas & testing of electricity & elec signals company, incorporated in MA. TERADYNE, INC trades on Nasdaq as: TER. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), TERADYNE, INC reported a 30.32% year-over-year revenue growth, a Gross Profit Margin of 58.70% (TTM), a Debt-to-Equity ratio of 0.41x, a Price-to-Sales (P/S) ratio of 12.24x (TTM), a Price-to-Book (P/B) ratio of 14.74 (TTM), at a market cap of $46.35B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 30.32%
- Gross Profit Margin TTM
- 58.70%
- Debt To Equity
- 0.41x
- P/S TTM
- 12.24x
- P/B TTM
- 14.74
- Market Cap
- $46.35B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is TERADYNE, INC in?
TERADYNE, INC (TER) operates in the Instruments For Meas & Testing of Electricity & Elec Signals industry.
What is TER's market cap?
TERADYNE, INC (TER) has a market capitalization of $46.35B as of 2026-03-31.
What is TER's P/E ratio?
TERADYNE, INC (TER)'s trailing twelve month P/E ratio is 54.27x as of 2026-03-31.
What exchange does TER trade on?
TERADYNE, INC (TER) trades on the Nasdaq.
Where is TERADYNE, INC incorporated?
TERADYNE, INC is incorporated in MA.