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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›TER›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

TERADYNE, INC (TER) financials

Income statement

TERADYNE, INC (TER) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.75B$2.14B$2.10B$2.29B$3.12B$3.70B$3.16B$2.68B$2.82B$3.19B
Revenue growth—21.9%-1.7%9.2%36.0%18.6%-14.8%-15.2%5.4%13.1%
Gross profit$959M$1.22B$1.22B$1.34B$1.79B$2.21B$1.87B$1.54B$1.65B$1.86B
Gross margin54.7%57.2%58.1%58.4%57.2%59.6%59.2%57.4%58.5%58.2%
Operating income-$63.0M$525M$474M$554M$928M$1.20B$832M$501M$594M$650M
Operating margin-3.6%24.6%22.6%24.1%29.7%32.4%26.4%18.7%21.1%20.4%
Net income-$43.4M$258M$452M$467M$784M$1.01B$716M$449M$542M$554M
Net margin-2.5%12.1%21.5%20.4%25.1%27.4%22.7%16.8%19.2%17.4%
EPS (diluted)-$0.21$1.28$2.35$2.60$4.28$5.53$4.22$2.73$3.32$3.47

Cash flow

TERADYNE, INC (TER) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$455M$626M$477M$579M$869M$1.10B$578M$585M$672M$674M
Capital expenditures$85.3M$105M$114M$135M$185M$132M$163M$160M$198M$224M
Free cash flow$370M$521M$363M$444M$684M$966M$415M$426M$474M$450M
Share buybacks$146M$200M$823M$500M$88.5M$600M$752M$397M$199M$702M
Dividends paid$48.6M$55.4M$67.3M$61.3M$66.5M$66.0M$69.7M$67.9M$76.4M$76.3M

Balance sheet

TERADYNE, INC (TER) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$308M$430M$927M$774M$914M$1.12B$855M$758M$553M$294M
Total assets$2.76B$3.11B$2.71B$2.79B$3.65B$3.81B$3.50B$3.49B$3.71B$4.18B
Total liabilities$934M$1.16B$1.18B$1.31B$1.44B$1.25B$1.05B$961M$889M$1.39B
Shareholders' equity$1.83B$1.95B$1.52B$1.48B$2.21B$2.56B$2.45B$2.53B$2.82B$2.80B
Retained earnings$230M$272M-$158M-$242M$387M$737M$726M$707M$971M$744M
Shares (wtd avg diluted)203M202M193M179M183M184M170M164M163M160M

Every figure is extracted from TERADYNE, INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is TERADYNE, INC's annual revenue?
TERADYNE, INC (TER) reported $3.19B of revenue for fiscal year 2025 — up 13.1% from $2.82B in FY2024, per its annual report filed with the SEC.
Is TERADYNE, INC profitable?
Yes — TER earned $554M of net income in FY2025, a 17.4% net margin, per SEC filings.
What is TERADYNE, INC's free cash flow?
$450M in FY2025 (operating cash flow $674M minus $224M of capital expenditures), from the SEC cash-flow statement.
Does TER pay a dividend?
Yes — TERADYNE, INC paid $76.3M in cash dividends during FY2025, per its SEC cash-flow statement.
Full TER analysis — verdict, score & filings →Is TER a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.