Teradyne, Inc. (TER) balance sheet
NASDAQ · Technology · Semiconductors · 6,600 employees · CEO Gregory Stephen Smith
- Price
- $274.37 -7.38%
- Market cap
- $42.9B
- Enterprise value
- $42.6B
- Last report
- Q3 '26 filed 2026-10-30
- Next report
- 2027-01-27 EPS est. $2.12
At the end of Q3 '26 Teradyne, Inc. (TER) held $467M in cash and short-term investments against $137M of debt incl. leases. Total assets $5.45B, total liabilities $1.71B, shareholders' equity $3.69B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $758M | $707M | $422M | $510M | $553M | $476M | $339M | $273M | $294M | $242M | $350M | $461M | |
| Short-term investments | $62.2M | $41.3M | $38.7M | $41.6M | $46.3M | $32.1M | $28.6M | $25M | $28.2M | $3.65M | $5.29M | $5.85M | |
| Receivables | $422M | $426M | $470M | $484M | $471M | $460M | $433M | $594M | $774M | $1.11B | $1.11B | $1.11B | |
| Inventory | $812M | $806M | $762M | $737M | $664M | $713M | $721M | $367M | $380M | $363M | $403M | $575M | |
| Other current assets | $61.2M | $38.5M | $20.9M | $15.9M | $17.7M | $18.6M | $19.2M | $22.6M | $33.3M | $18.7M | $498M | $24.2M | |
| Current assets | $2.16B | $2.07B | $1.76B | $1.84B | $1.82B | $1.76B | $1.58B | $1.75B | $1.94B | $2.17B | $2.37B | $2.79B | |
| Property, plant & equipment (net) | $519M | $532M | $545M | $562M | $578M | $605M | $627M | $632M | $649M | $662M | $729M | $801M | |
| Long-term investments | $117M | $122M | $648M | $664M | $619M | $623M | $666M | $668M | $663M | $671M | $677M | $677M | |
| Goodwill | $416M | $408M | $405M | $419M | $395M | $409M | $520M | $520M | $521M | $514M | $664M | $664M | |
| Intangible assets | $35.4M | $30.2M | $25.5M | $21.3M | $15.9M | $18M | $58.2M | $54.7M | $51.3M | $49M | $102M | $96.7M | |
| Deferred tax assets | $176M | $186M | $193M | $202M | $222M | $231M | $240M | $253M | $275M | $282M | $290M | $311M | |
| Other non-current assets | $61.6M | $68M | $59.2M | $61.5M | $61.6M | $64M | $66.4M | $85.8M | $74.5M | $82.8M | $97.9M | $109M | |
| Non-current assets | $1.32B | $1.35B | $1.88B | $1.93B | $1.89B | $1.95B | $2.18B | $2.21B | $2.23B | $2.26B | $2.56B | $2.66B | |
| Total assets | $3.49B | $3.41B | $3.63B | $3.77B | $3.71B | $3.71B | $3.76B | $3.96B | $4.17B | $4.43B | $4.93B | $5.45B | |
| Liabilities | |||||||||||||
| Accounts payable | $180M | $154M | $161M | $158M | $135M | $187M | $172M | $228M | $269M | $345M | $383M | $517M | |
| Accrued expenses | $192M | $121M | $161M | $160M | $205M | $143M | $176M | $204M | $255M | $156M | $0 | $408M | |
| Short-term debt | $17.5M | $17.4M | $18.3M | $19.2M | $18.7M | $18.3M | $19.8M | $219M | $219M | $18.4M | $17.3M | $0 | |
| Taxes payable | $48.7M | $55.9M | $74.4M | $52.5M | $67.6B | $80.7B | $72.9B | $72.5B | $107B | $173B | $165B | $188M | |
| Deferred revenue | $99.8M | $100M | $103M | $99.8M | $108M | $120M | $124M | $133M | $140M | $197M | $194M | $212M | |
| Other current liabilities | $122M | $106M | $109M | $105M | $90.8M | $100M | $110M | $139M | $112M | $123M | $354M | $0 | |
| Current liabilities | $660M | $554M | $626M | $595M | $625M | $649M | $675M | $995M | $1.1B | $1.01B | $1.11B | $1.34B | |
| Long-term debt | $65.1M | $65.6M | $61.9M | $60.3M | $57.9M | $50.4M | $54.7M | $49.7M | $63.9M | $0 | $0 | $0 | |
| Lease obligations (non-current) | $65.1M | $65.6M | $61.9M | $60.3M | $57.9M | $50.4M | $54.7M | $49.7M | $63.9M | $64M | $82.9M | $120M | |
| Deferred revenue (non-current) | $37.3M | $35M | $36.1M | $41.1M | $40.5M | $39.4M | $40.4M | $43.9M | $50.9M | $58.4M | $63M | $58.3M | |
| Deferred tax liabilities | $183K | $134K | $96K | $164K | $1.04M | $869K | $6.76M | $6.89M | $5.38M | $4.56M | $12.9M | $10.8M | |
| Other non-current liabilities | $133M | $132M | $115M | $110M | $107M | $118M | $92.7M | $101M | $88.6M | $151M | $180M | $182M | |
| Non-current liabilities | $301M | $299M | $275M | $272M | $265M | $259M | $249M | $251M | $273M | $278M | $339M | $371M | |
| Total liabilities | $961M | $853M | $901M | $867M | $889M | $908M | $925M | $1.25B | $1.37B | $1.29B | $1.45B | $1.71B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $19.1M | $19.2M | $20.2M | $20.4M | $20.2M | $20.1M | $19.9M | $19.7M | $19.5M | $19.6M | $19.5M | $19.5M | |
| Retained earnings | $707M | $730M | $889M | $990M | $971M | $893M | $835M | $687M | $744M | $1.12B | $1.4B | $1.62B | |
| Accumulated other comprehensive income | -$27M | -$39.7M | -$44.1M | -$4.03M | -$81.2M | -$42M | $41M | $37.4M | $41.9M | $20.4M | $10.8M | $5.54M | |
| Shareholders' equity | $2.53B | $2.56B | $2.73B | $2.9B | $2.82B | $2.8B | $2.84B | $2.72B | $2.8B | $3.14B | $3.44B | $3.69B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $148M | $149M | $142M | $140M | $135M | $119M | $129M | $318M | $347M | $82.4M | $100M | $137M | |
| Net debt (debt - cash) | -$610M | -$559M | -$280M | -$370M | -$419M | -$356M | -$210M | $45.8M | $53.4M | -$160M | -$249M | -$324M | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $308M | $430M | $927M | $774M | $914M | $1.12B | $855M | $758M | $553M | $294M | |
| Short-term investments | $871M | $1.35B | $190M | $137M | $522M | $244M | $39.6M | $62.2M | $46.3M | $28.2M | |
| Receivables | $192M | $273M | $291M | $362M | $498M | $551M | $491M | $422M | $471M | $774M | |
| Inventory | $213M | $190M | $285M | $340M | $434M | $608M | $816M | $812M | $664M | $380M | |
| Other current assets | $8.04M | $4.03M | $8.31M | $11.9M | $9.25M | $9.45M | $14.4M | $61.2M | $17.7M | $33.3M | |
| Current assets | $1.62B | $2.27B | $1.73B | $1.66B | $2.42B | $2.58B | $2.26B | $2.16B | $1.82B | $1.94B | |
| Property, plant & equipment (net) | $254M | $268M | $280M | $378M | $449M | $456M | $492M | $519M | $578M | $640M | |
| Long-term investments | $434M | $126M | $87.7M | $104M | $118M | $134M | $111M | $117M | $619M | $663M | |
| Goodwill | $223M | $252M | $382M | $416M | $454M | $426M | $403M | $416M | $395M | $521M | |
| Intangible assets | $100M | $79.1M | $125M | $125M | $101M | $75.6M | $53.5M | $35.4M | $15.9M | $51.3M | |
| Deferred tax assets | $107M | $84M | $70.8M | $75.2M | $87.9M | $102M | $143M | $176M | $222M | $275M | |
| Other non-current assets | $19.9M | $29.8M | $28.4M | $28.8M | $26.9M | $39.2M | $40.7M | $61.6M | $61.6M | $83.8M | |
| Non-current assets | $1.14B | $839M | $974M | $1.13B | $1.24B | $1.23B | $1.24B | $1.32B | $1.89B | $2.23B | |
| Total assets | $2.76B | $3.11B | $2.71B | $2.79B | $3.65B | $3.81B | $3.5B | $3.49B | $3.71B | $4.17B | |
| Liabilities | |||||||||||
| Accounts payable | $95.4M | $86.4M | $101M | $127M | $134M | $153M | $140M | $180M | $135M | $269M | |
| Accrued expenses | $110M | $142M | $149M | $164M | $220M | $254M | $212M | $192M | $205M | $255M | |
| Short-term debt | $0 | $0 | $0 | $19.5M | $53.9M | $39.2M | $68.7M | $17.5M | $18.7M | $219M | |
| Taxes payable | $30.5M | $59.1M | $36.2M | $44.2M | $80.7M | $88.8M | $65M | $48.7M | $0 | $0 | |
| Deferred revenue | $0 | $83.6M | $77.7M | $105M | $135M | $146M | $148M | $99.8M | $108M | $140M | |
| Other current liabilities | $137M | $83.6M | $113M | $80M | $77.6M | $124M | $112M | $122M | $90.8M | $112M | |
| Current liabilities | $373M | $454M | $476M | $539M | $701M | $805M | $746M | $660M | $625M | $1.1B | |
| Long-term debt | $353M | $366M | $380M | $441M | $419M | $145M | $64.2M | $65.1M | $57.9M | $63.9M | |
| Lease obligations (non-current) | $0 | $0 | $0 | $45.8M | $42.1M | $56.2M | $64.2M | $65.1M | $57.9M | $63.9M | |
| Deferred revenue (non-current) | $0 | $30.1M | $32.8M | $46M | $58.4M | $54.9M | $45.1M | $37.3M | $40.5M | $50.9M | |
| Deferred tax liabilities | $12.1M | $6.72M | $20.7M | $14.1M | $10.8M | $6.33M | $3.27M | $183K | $1.04M | $5.38M | |
| Other non-current liabilities | $196M | $299M | $275M | $221M | $211M | $178M | $127M | $133M | $107M | $88.6M | |
| Non-current liabilities | $561M | $702M | $708M | $768M | $741M | $440M | $304M | $301M | $265M | $273M | |
| Total liabilities | $934M | $1.16B | $1.18B | $1.31B | $1.44B | $1.25B | $1.05B | $961M | $889M | $1.37B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $24.9M | $24.4M | $21.9M | $20.8M | $24.6M | $21.8M | $19.5M | $19.1M | $20.2M | $19.5M | |
| Retained earnings | $230M | $272M | -$158M | -$242M | $387M | $737M | $726M | $707M | $971M | $744M | |
| Accumulated other comprehensive income | -$20.2M | $18.8M | -$13M | -$18.9M | $33.5M | -$5.95M | -$49.9M | -$27M | -$81.2M | $41.9M | |
| Shareholders' equity | $1.83B | $1.95B | $1.52B | $1.48B | $2.21B | $2.56B | $2.45B | $2.53B | $2.82B | $2.8B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $353M | $366M | $380M | $506M | $515M | $241M | $197M | $148M | $135M | $347M | |
| Net debt (debt - cash) | $44.8M | -$63.9M | -$547M | -$268M | -$399M | -$881M | -$658M | -$610M | -$419M | $53.4M | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-27, 10-Q 2026-06-28, 10-Q 2026-03-29, 10-K 2025-12-31, 10-Q 2025-09-28, 10-Q 2025-06-29, 10-Q 2025-03-30, 10-K 2024-12-31, 10-Q 2024-09-29
Data as of 2026-11-02