The Filings Report

Teradyne

TERNasdaqCIK 97210Technology / Semiconductor Equipmentfiscal year ends December69 quarters since 2009

Revenue, Q2 FY2026
$1.3B
+103.9% on Q2 FY2025
Net income
$375M
+377.9% on Q2 FY2025
Free cash flow
$378M
+187.4% on Q2 FY2025
Diluted EPS
$2.38
+385.7% on Q2 FY2025
Revenue, TTM
$4.5B
trailing four quarters
Net margin, TTM
25.8%
net income $1.2B
Free cash flow, TTM
$800M
$1.1B less $265M capex
Cash and equivalents
$350M
long-term debt —, Jun 28, 2026
Shares, 12-month change
−1.7%
156M shares, Jun 28, 2026
Buybacks, TTM
$501M
1.2% of market value
Dividends, TTM
$78M
0.2% of market value
Market value
$42.9B
at the close, buybacks

Latest quarter Q2 FY2026, filed July 31, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 28, 2026, Teradyne reported revenue of $1.3B, +103.9% on Q2 FY2025, and net income of $375M (+377.9%). Operating margin was 32.9%. Free cash flow, operating cash flow less capital expenditures, was $378M ($469M less $91M). Diluted earnings per share were $2.38.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of July 31, 2026.

Revenue and net incomeRevenueNet income
$0$500M$1.0B$1.5BQ3'22, Revenue: $827MQ3'22, Net income: $183MQ3'22Q4'22, Revenue: $732MQ4'22, Net income: $172MQ4'22Q1'23, Revenue: $618MQ1'23, Net income: $84MQ1'23Q2'23, Revenue: $684MQ2'23, Net income: $120MQ2'23Q3'23, Revenue: $704MQ3'23, Net income: $128MQ3'23Q4'23, Revenue: $671MQ4'23, Net income: $117MQ4'23Q1'24, Revenue: $600MQ1'24, Net income: $64MQ1'24Q2'24, Revenue: $730MQ2'24, Net income: $186MQ2'24Q3'24, Revenue: $737MQ3'24, Net income: $146MQ3'24Q4'24, Revenue: $753MQ4'24, Net income: $146MQ4'24Q1'25, Revenue: $686MQ1'25, Net income: $99MQ1'25Q2'25, Revenue: $652MQ2'25, Net income: $78MQ2'25Q3'25, Revenue: $769MQ3'25, Net income: $120MQ3'25Q4'25, Revenue: $1.1BQ4'25, Net income: $257MQ4'25Q1'26, Revenue: $1.3BQ1'26, Net income: $399MQ1'26Q2'26, Revenue: $1.3BQ2'26, Net income: $375MQ2'26$0$500M$1.0B$1.5BQ3'22, Revenue: $827MQ3'22, Net income: $183MQ4'22, Revenue: $732MQ4'22, Net income: $172MQ4'22Q1'23, Revenue: $618MQ1'23, Net income: $84MQ2'23, Revenue: $684MQ2'23, Net income: $120MQ2'23Q3'23, Revenue: $704MQ3'23, Net income: $128MQ4'23, Revenue: $671MQ4'23, Net income: $117MQ4'23Q1'24, Revenue: $600MQ1'24, Net income: $64MQ2'24, Revenue: $730MQ2'24, Net income: $186MQ2'24Q3'24, Revenue: $737MQ3'24, Net income: $146MQ4'24, Revenue: $753MQ4'24, Net income: $146MQ4'24Q1'25, Revenue: $686MQ1'25, Net income: $99MQ2'25, Revenue: $652MQ2'25, Net income: $78MQ2'25Q3'25, Revenue: $769MQ3'25, Net income: $120MQ4'25, Revenue: $1.1BQ4'25, Net income: $257MQ4'25Q1'26, Revenue: $1.3BQ1'26, Net income: $399MQ2'26, Revenue: $1.3BQ2'26, Net income: $375MQ2'26

Net income losses drawn in red.

Free cash flow
−$200M$0$200M$400MQ3'22, Free cash flow: $233MQ3'22Q4'22, Free cash flow: $149MQ4'22Q1'23, Free cash flow: −$22MQ1'23Q2'23, Free cash flow: $104MQ2'23Q3'23, Free cash flow: $140MQ3'23Q4'23, Free cash flow: $204MQ4'23Q1'24, Free cash flow: −$37MQ1'24Q2'24, Free cash flow: $171MQ2'24Q3'24, Free cash flow: $114MQ3'24Q4'24, Free cash flow: $225MQ4'24Q1'25, Free cash flow: $98MQ1'25Q2'25, Free cash flow: $132MQ2'25Q3'25, Free cash flow: $2MQ3'25Q4'25, Free cash flow: $219MQ4'25Q1'26, Free cash flow: $200MQ1'26Q2'26, Free cash flow: $378MQ2'26−$200M$0$200M$400MQ3'22, Free cash flow: $233MQ4'22, Free cash flow: $149MQ4'22Q1'23, Free cash flow: −$22MQ2'23, Free cash flow: $104MQ2'23Q3'23, Free cash flow: $140MQ4'23, Free cash flow: $204MQ4'23Q1'24, Free cash flow: −$37MQ2'24, Free cash flow: $171MQ2'24Q3'24, Free cash flow: $114MQ4'24, Free cash flow: $225MQ4'24Q1'25, Free cash flow: $98MQ2'25, Free cash flow: $132MQ2'25Q3'25, Free cash flow: $2MQ4'25, Free cash flow: $219MQ4'25Q1'26, Free cash flow: $200MQ2'26, Free cash flow: $378MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$250M$500M$750M$1.0BQ3'22, Cash and equivalents: $711MQ3'22Q4'22, Cash and equivalents: $855MQ4'22Q1'23, Cash and equivalents: $649MQ1'23Q2'23, Cash and equivalents: $613MQ2'23Q3'23, Cash and equivalents: $637MQ3'23Q4'23, Cash and equivalents: $758MQ4'23Q1'24, Cash and equivalents: $707MQ1'24Q2'24, Cash and equivalents: $422MQ2'24Q3'24, Cash and equivalents: $510MQ3'24Q4'24, Cash and equivalents: $553MQ4'24Q1'25, Cash and equivalents: $476MQ1'25Q2'25, Cash and equivalents: $339MQ2'25Q3'25, Cash and equivalents: $273MQ3'25Q4'25, Cash and equivalents: $294MQ4'25Q1'26, Cash and equivalents: $242MQ1'26Q2'26, Cash and equivalents: $350MQ2'26$0$250M$500M$750M$1.0BQ3'22, Cash and equivalents: $711MQ4'22, Cash and equivalents: $855MQ4'22Q1'23, Cash and equivalents: $649MQ2'23, Cash and equivalents: $613MQ2'23Q3'23, Cash and equivalents: $637MQ4'23, Cash and equivalents: $758MQ4'23Q1'24, Cash and equivalents: $707MQ2'24, Cash and equivalents: $422MQ2'24Q3'24, Cash and equivalents: $510MQ4'24, Cash and equivalents: $553MQ4'24Q1'25, Cash and equivalents: $476MQ2'25, Cash and equivalents: $339MQ2'25Q3'25, Cash and equivalents: $273MQ4'25, Cash and equivalents: $294MQ4'25Q1'26, Cash and equivalents: $242MQ2'26, Cash and equivalents: $350MQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed July 31, 2026.

Teradyne income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 28, 2026filed Jul 31, 2026Q1 FY2026ended Mar 29, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 28, 2025filed Oct 30, 2025Q2 FY2025ended Jun 29, 2025filed Aug 1, 2025Q1 FY2025ended Mar 30, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 20, 2025Q3 FY2024ended Sep 29, 2024filed Nov 1, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue1,3291,2821,083769652686753737+103.9%
Cost of revenue534502464320279270306301+91.7%
Gross profit795781620449373415447437+113.0%
Research and development—————————
Selling, general and administrative193167165169158157156158+22.0%
Operating income43847329314591121154152+382.5%
Other income (expense)6(7)(3)12(6)03+146.3%
Pretax income44446629014897119158159+359.4%
Income tax676229231215512+444.8%
Net income3753992571207899146146+377.9%
Diluted EPS ($)2.382.53—0.750.490.61—0.89+385.7%
Diluted shares (millions)158158—159160162—164—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed July 31, 2026.

Teradyne balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 28, 2026filed Jul 31, 2026Q1 FY2026ended Mar 29, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 28, 2025filed Oct 30, 2025Q2 FY2025ended Jun 29, 2025filed Aug 1, 2025Q1 FY2025ended Mar 30, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 20, 2025Q3 FY2024ended Sep 29, 2024filed Nov 1, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents350242294273339476553510+3.0%
Short-term investments—————————
Total current assets2,3662,1731,9491,7501,5841,7561,8161,839+49.4%
Total assets4,9264,4344,1843,9643,7623,7063,7093,770+30.9%
Total current liabilities1,1141,0121,115995675649625595+64.9%
Long-term debt—————————
Total liabilities1,4521,2901,3881,246925908889867+57.1%
Stockholders’ equity3,4373,1442,7962,7172,8372,7972,8192,903+21.1%
Shares outstanding (millions)156157157157159160162163—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed July 31, 2026.

Teradyne cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 28, 2026filed Jul 31, 2026Q1 FY2026ended Mar 29, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 19, 2026Q3 FY2025ended Sep 28, 2025filed Oct 30, 2025Q2 FY2025ended Jun 29, 2025filed Aug 1, 2025Q1 FY2025ended Mar 30, 2025filed May 2, 2025Q4 FY2024ended Dec 31, 2024filed Feb 20, 2025Q3 FY2024ended Sep 29, 2024filed Nov 1, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow46926528249182162283166+157.6%
Capital expenditures9165634750645752+79.9%
Free cash flow (CFO − capex)378200219213298225114+187.4%
Depreciation and amortization3433363131303130+7.2%
Share repurchases69618324411715714425−41.5%
Dividends paid2020191919191920+6.0%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 19, 2026.

Income statement

Teradyne income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 20, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 22, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 22, 2021FY2019ended Dec 31, 2019filed Mar 2, 2020FY2018ended Dec 31, 2018filed Mar 1, 2019FY2017ended Dec 31, 2017filed Mar 1, 2018FY2016ended Dec 31, 2016filed Mar 1, 2017FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Feb 27, 2015FY2013ended Dec 31, 2013filed Feb 28, 2014FY2012ended Dec 31, 2012filed Mar 1, 2013FY2011ended Dec 31, 2011filed Feb 29, 2012FY2010ended Dec 31, 2010filed Mar 1, 2011FY2009ended Dec 31, 2009filed Aug 12, 2010FY2008ended Dec 31, 2008filed Aug 12, 2010
Revenue3,1902,8202,6763,1553,7033,1212,2952,1012,1371,7531,6401,6481,4281,6571,4291,5667771,107
Cost of revenue1,3331,1711,1401,2881,4961,336955880915795724769619771717709478609
Gross profit1,8571,6491,5371,8672,2071,7861,3401,2201,221959916879809886712858299498
Research and development——————————————————
Selling, general and administrative649617577558548465437391349317306320280277232225195248
Operating income6505945018321,201928554474525(63)24396191287231415(125)(381)
Other income (expense)(6)(6)16(25)(9)(23)(5)325033(1)—(27)(24)(14)
Pretax income6536095268401,161901526468524(55)25395202266214396(144)(382)
Income tax7960771251461175816267(12)47143749(130)17(9)13
Net income5545424497161,015784467452258(43)20681165217370385(134)(394)
Diluted EPS ($)3.473.322.734.225.534.282.602.351.28(0.21)0.970.370.700.941.631.75(0.77)(2.31)
Diluted shares (millions)160163164170184183179193202203213223236230227227174171

Balance sheet

Teradyne balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 20, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 22, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 22, 2021FY2019ended Dec 31, 2019filed Mar 2, 2020FY2018ended Dec 31, 2018filed Mar 1, 2019FY2017ended Dec 31, 2017filed Mar 1, 2018FY2016ended Dec 31, 2016filed Mar 1, 2017FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Feb 27, 2015FY2013ended Dec 31, 2013filed Feb 28, 2014FY2012ended Dec 31, 2012filed Mar 1, 2013FY2011ended Dec 31, 2011filed Feb 29, 2012FY2010ended Dec 31, 2010filed Mar 1, 2011FY2009ended Dec 31, 2009filed Aug 12, 2010FY2008ended Dec 31, 2008filed Aug 12, 2010
Cash and equivalents2945537588551,122914774927430308265294342339574398417323
Short-term investments————————————5874329740947—
Total current assets1,9491,8162,1622,2582,5762,4151,6591,7322,2701,6241,2601,2441,4401,2361,1001,177762—
Total assets4,1843,7093,4873,5013,8093,6522,7872,7073,1102,7622,5492,5392,6302,4292,1891,8101,235—
Total current liabilities1,115625660746805701539476454373373292476298374364283—
Long-term debt———————————00171160150141—
Total liabilities1,3888899611,0501,2451,4421,3071,1841,156934583460645651684688571—
Stockholders’ equity2,7962,8192,5262,4512,5622,2071,4801,5221,9541,8291,9662,0791,9851,7781,5051,122665710
Shares outstanding (millions)157162153156162167167174195200204218194190186185——

Cash flow statement

Teradyne cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 19, 2026FY2024ended Dec 31, 2024filed Feb 20, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 22, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 22, 2021FY2019ended Dec 31, 2019filed Mar 2, 2020FY2018ended Dec 31, 2018filed Mar 1, 2019FY2017ended Dec 31, 2017filed Mar 1, 2018FY2016ended Dec 31, 2016filed Mar 1, 2017FY2015ended Dec 31, 2015filed Feb 29, 2016FY2014ended Dec 31, 2014filed Feb 27, 2015FY2013ended Dec 31, 2013filed Feb 28, 2014FY2012ended Dec 31, 2012filed Mar 1, 2013FY2011ended Dec 31, 2011filed Feb 29, 2012FY2010ended Dec 31, 2010filed Mar 1, 2011FY2009ended Dec 31, 2009filed Aug 12, 2010FY2008ended Dec 31, 2008filed Aug 12, 2010
Operating cash flow6746725855781,098869579477626455——267403275566122164
Capital expenditures224198160163132185135114105859016910711986764187
Free cash flow (CFO − capex)450474426415966684444363521370——1612841894908177
Depreciation and amortization12812011111112512712111310812014115315114610794104—
Share repurchases70219939775260088500823200146300———31——91
Dividends paid767668706666616755495137——————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$6M
11 sales by 3 insiders; officers and directors $6M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$16M
34 sales by 6 insiders; officers and directors $16M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 21, 2026Matz MarilynDirectoropen-market sale10b5-1400$350.00$140K12,641Oct 22, 2026
Oct 15, 2026Smith Gregory StephenPresident and CEO, Directoropen-market sale10b5-14,000$341.28$1M104,495Oct 19, 2026
Oct 15, 2026Matz MarilynDirectoropen-market sale10b5-1800$341.28$273K13,041Oct 19, 2026
Oct 1, 2026Johnson MercedesDirectoropen-market sale10b5-1167$402.90$67K6,197Oct 2, 2026
Sep 25, 2026Herweck PeterDirectorother4$0.00—16,282Sep 28, 2026
Sep 25, 2026Tufano Paul JDirectorother19$0.00—66,008Sep 28, 2026
Sep 25, 2026Maddock Ernest EDirectorother2$0.00—10,269Sep 28, 2026
Sep 24, 2026Herweck PeterDirectoraward77$0.00—16,278Sep 28, 2026
Sep 24, 2026Tufano Paul JDirectoraward141$0.00—65,989Sep 28, 2026
Sep 24, 2026Henry Andrew ChisholmDirectoraward64$0.00—2,991Sep 28, 2026
Sep 17, 2026Matz MarilynDirectoropen-market sale10b5-1400$351.11$140K13,841Sep 18, 2026
Sep 15, 2026Smith Gregory StephenPresident and CEO, Directoropen-market sale10b5-14,000$337.83$1M108,495Sep 16, 2026
Sep 15, 2026Matz MarilynDirectoropen-market sale10b5-1800$337.83$270K14,241Sep 16, 2026
Sep 1, 2026Johnson MercedesDirectoropen-market sale10b5-1167$341.30$57K6,364Sep 2, 2026
Aug 17, 2026Smith Gregory StephenPresident and CEO, Directoropen-market sale10b5-14,000$425.00$2M112,495Aug 18, 2026
Aug 17, 2026Matz MarilynDirectoropen-market sale10b5-11,200$425.00$510K15,041Aug 18, 2026
Aug 3, 2026Johnson MercedesDirectoropen-market sale10b5-1166$358.15$59K6,531Aug 4, 2026
Jul 15, 2026Smith Gregory StephenPresident and CEO, Directoropen-market sale10b5-14,000$356.31$1M116,495Jul 16, 2026
Jul 15, 2026Matz MarilynDirectoropen-market sale10b5-11,200$356.31$428K16,241Jul 16, 2026
Jul 1, 2026Johnson MercedesDirectoropen-market sale10b5-1167$460.00$77K6,697Jul 2, 2026
Jun 25, 2026Tufano Paul JDirectoraward116$0.00—65,848Jun 29, 2026
Jun 25, 2026Henry Andrew ChisholmDirectoraward52$0.00—2,927Jun 29, 2026
Jun 25, 2026Herweck PeterDirectoraward63$0.00—16,201Jun 29, 2026
Jun 15, 2026Matz MarilynDirectoropen-market sale10b5-11,200$423.03$508K17,441Jun 16, 2026
Jun 15, 2026Smith Gregory StephenPresident and CEO, Directoropen-market sale10b5-14,000$423.03$2M120,470Jun 16, 2026

Full insider history for Teradyne, or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held TER in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded TER by quarter.

FundManagerQuarterValueSharesWeightMove
Lone Pine CapitalSteve MandelQ2 2026$722M1M4.42%trimmed −20.3%

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
TERADYNE, INC., CIK 97210 on EDGAR
Extract generated
August 27, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: revenue FY2020
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, Revenues
Cost of revenue: CostOfGoodsAndServicesSold, CostOfRevenue
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: MarketableSecuritiesCurrent
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt, LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends

The data

The statements on this page as files, generated August 27, 2026.

JSON file
/data/financials/TER.json