Teradyne (TER): financials, SEC filings and peers
Teradyne (TER) is a semiconductor materials & equipment company in the Information Technology sector of the S&P 500, headquartered in North Reading, Massachusetts.
It was founded in 1960 and joined the S&P 500 on September 21, 2020.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Instruments For Meas & Testing of Electricity & Elec Signals”.
Teradyne at a glance
- Revenue (12 months)
- $5.0B
- Revenue growth
- +74.9%
- Operating margin
- 32.1%
- Net income (12 months)
- $1.4B
- Free cash flow (12 months)
- $1.0B
- Cash
- $461M
- Debt
- —
- Diluted EPS (12 months)
- $8.70
Twelve months to September 27, 2026, from the 10-Q filed October 30, 2026.
Latest twelve months
Over the twelve months to September 27, 2026, Teradyne reported revenue of $5.0 billion, up a strong 74.9% from $2.9 billion a year earlier.
Its operating margin was 32.1%, up 14.3 percentage points from a year earlier: for every $100 of sales, about $32 was left as operating profit.
Net income was $1.4 billion (27.5% of revenue), 209.9% higher than a year earlier.
Operating cash flow was $1.3 billion and capital spending $305 million, leaving free cash flow of $1.0 billion (20.5% of revenue).
At the end of the period it held $461 million in cash and not reported in debt, a net cash position of $461 million.
The diluted share count fell 1.0% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $3.1 billion in fiscal 2020 to $3.2 billion in fiscal 2025, about 0.4% a year.
- Operating margin narrowed from 29.7% to 20.4% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.2B | $2.7B | $2.8B | $3.2B |
| Revenue growth | 18.6% | -14.8% | -15.2% | 5.4% | 13.1% |
| Operating margin | 32.4% | 26.4% | 18.7% | 21.1% | 20.4% |
| Net income | $1.0B | $716M | $449M | $542M | $554M |
| Free cash flow | $966M | $415M | $426M | $474M | $450M |
| Diluted EPS | $5.53 | $4.22 | $2.73 | $3.32 | $3.47 |
Fiscal years as reported in Teradyne’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed October 30, 2026 — quarterly report
- 8-K filed October 28, 2026 — Earnings results
- 8-K filed August 10, 2026 — Material agreement; New debt obligation
- 10-Q filed July 31, 2026 — quarterly report
- 8-K filed July 29, 2026 — Earnings results
- 8-K filed May 11, 2026 — Shareholder vote results
- 10-Q filed May 1, 2026 — quarterly report
- 8-K filed April 29, 2026 — Earnings results
Companies like Teradyne
Other S&P 500 companies in Semiconductor Materials & Equipment:
- AMATApplied MaterialsSanta Clara, California
- KLACKLA CorporationMilpitas, California
- LRCXLam ResearchFremont, California
- QQnity ElectronicsWilmington, Delaware
More from Information Technology
Questions about Teradyne
Is Teradyne's revenue growing?
Yes. Revenue for the twelve months to September 27, 2026 was $5.0 billion, up 74.9% from a year earlier, according to its SEC filings.
Is Teradyne profitable?
Yes. It earned $1.4 billion in net income over the twelve months to September 27, 2026, a net margin of 27.5%.
When did Teradyne last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 30, 2026.
Which companies are similar to Teradyne?
In the S&P 500, Teradyne is grouped in Semiconductor Materials & Equipment within the Information Technology sector. Applied Materials (AMAT), KLA Corporation (KLAC), Lam Research (LRCX), Qnity Electronics (Q) are in the same group.
Understand the numbers
Source: Teradyne’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.