Teradyne, Inc. (TER) income statement
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
Teradyne, Inc. (TER) reported revenue of $1.31B for Q3 '26 (+69.8% year on year), operating income of $402M (30.8% of revenue) and net income of $342M. Over the last four quarters revenue was $5B.
Income statement
| Income statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $671M | $600M | $730M | $737M | $753M | $686M | $652M | $769M | $1.08B | $1.28B | $1.33B | $1.31B | |
| Cost of revenue | $291M | $261M | $304M | $301M | $306M | $270M | $279M | $320M | $464M | $502M | $534M | $535M | |
| Gross profit | $380M | $339M | $426M | $437M | $447M | $415M | $373M | $449M | $620M | $781M | $795M | $771M | |
| Research & development | $102M | $103M | $112M | $117M | $128M | $118M | $118M | $125M | $143M | $136M | $156M | $163M | |
| Other operating expenses | $10.7M | $9.12M | -$50.8M | $9.33M | $9.58M | $19.1M | $6.11M | $10.1M | $17.5M | $5.65M | $8M | $7.25M | |
| Operating expenses | $255M | $262M | $215M | $284M | $294M | $295M | $282M | $304M | $326M | $308M | $357M | $369M | |
| Operating income | $124M | $77.8M | $210M | $152M | $154M | $121M | $90.7M | $145M | $293M | $473M | $438M | $402M | |
| Interest income | $8.86M | $7.87M | $6.72M | $5.08M | $5.11M | $5.08M | $4.35M | $9.43M | $3.08M | $2.42M | $3.18M | $0 | |
| Interest expense | $812K | $661K | $1.53M | $808K | $589K | $795K | $805K | $2.8M | $3.94M | $3.15M | $2.96M | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$16.3M | $4.21M | -$10.6M | -$7.73M | -$4.8M | $984K | -$6.62M | -$396K | -$35.6M | $0 | -$5.81M | -$5.6M | |
| Total non-operating income | $15.5M | -$4.87M | $9.04M | $5.84M | -$1.92M | -$7.36M | $5.82M | -$2.4M | -$6.83M | -$7.33M | $5.81M | $5.6M | |
| Income before tax | $140M | $72.9M | $219M | $158M | $152M | $113M | $96.6M | $143M | $286M | $466M | $444M | $408M | |
| Income tax | $22.8M | $8.71M | $33.1M | $12.3M | $5.41M | $14.5M | $18.2M | $23.3M | $29.2M | $62.2M | $68.7M | $59.8M | |
| Net income | $117M | $64.2M | $186M | $146M | $146M | $98.9M | $78.4M | $120M | $257M | $399M | $375M | $342M | |
| EPS (basic) | $0.77 | $0.42 | $1.18 | $0.89 | $0.90 | $0.61 | $0.49 | $0.75 | $1.64 | $2.55 | $2.39 | $2.19 | |
| EPS (diluted) | $0.72 | $0.40 | $1.14 | $0.89 | $0.90 | $0.61 | $0.49 | $0.75 | $1.63 | $2.53 | $2.38 | $2.17 | |
| Shares (basic, weighted) | 153M | 153M | 158M | 163M | 162M | 162M | 160M | 159M | 156M | 156M | 156M | 156M | |
| Shares (diluted, weighted) | 162M | 162M | 163M | 164M | 163M | 162M | 161M | 159M | 158M | 158M | 158M | 158M | |
| Depreciation & amortization | $27.9M | $28.1M | $30.2M | $30.3M | $31.1M | $30.3M | $31.4M | $30.2M | $35.8M | $32.7M | $33.6M | $36.9M | |
| EBITDA | $169M | $102M | $251M | $190M | $190M | $150M | $129M | $176M | $365M | $506M | $477M | $444M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.75B | $2.14B | $2.1B | $2.29B | $3.12B | $3.7B | $3.16B | $2.68B | $2.82B | $3.19B | |
| Cost of revenue | $795M | $915M | $880M | $955M | $1.34B | $1.5B | $1.29B | $1.14B | $1.17B | $1.33B | |
| Gross profit | $959M | $1.22B | $1.22B | $1.34B | $1.79B | $2.21B | $1.87B | $1.54B | $1.65B | $1.86B | |
| Research & development | $292M | $307M | $302M | $323M | $375M | $428M | $441M | $418M | $461M | $505M | |
| Other operating expenses | $52.6M | $30.5M | $39.2M | $40.1M | $17.6M | $30.8M | $36.5M | $40.3M | -$22.8M | $51.2M | |
| Operating expenses | $661M | $687M | $731M | $800M | $857M | $1.01B | $1.04B | $1.04B | $1.06B | $1.21B | |
| Operating income | -$63M | $525M | $474M | $554M | $928M | $1.2B | $832M | $501M | $594M | $650M | |
| Interest income | $9.3M | $17.8M | $20.5M | $17M | $5.98M | $2.63M | $6.38M | $27.3M | $24.8M | $15.7M | |
| Interest expense | $3.64M | $21.7M | $21.8M | $22.2M | $24.2M | $17.8M | $3.72M | $3.81M | $3.59M | $6.85M | |
| Other non-operating income (gains on investments, FX ...) | -$11.5M | -$20.7M | -$15.8M | $5.66M | $3.21M | $21.9M | -$12.2M | -$28.3M | -$18.9M | -$34M | |
| Total non-operating income | $7.91M | -$931K | -$6M | -$27.9M | -$27.4M | -$39.8M | $8.45M | $24.5M | $8.09M | -$16.7M | |
| Income before tax | -$55.1M | $524M | $468M | $526M | $901M | $1.16B | $840M | $526M | $602M | $633M | |
| Income tax | -$11.6M | $267M | $16M | $58.3M | $117M | $146M | $125M | $76.8M | $59.5M | $79.3M | |
| Net income | -$43.4M | $258M | $452M | $467M | $784M | $1.01B | $716M | $449M | $542M | $554M | |
| EPS (basic) | -$0.21 | $1.30 | $2.41 | $2.74 | $4.72 | $6.15 | $4.52 | $2.91 | $3.41 | $3.49 | |
| EPS (diluted) | -$0.21 | $1.28 | $2.35 | $2.60 | $4.28 | $5.53 | $4.22 | $2.73 | $3.32 | $3.48 | |
| Shares (basic, weighted) | 203M | 198M | 188M | 170M | 166M | 165M | 158M | 154M | 159M | 156M | |
| Shares (diluted, weighted) | 203M | 202M | 193M | 179M | 183M | 184M | 170M | 164M | 163M | 158M | |
| Depreciation & amortization | $120M | $108M | $113M | $121M | $127M | $125M | $111M | $111M | $120M | $128M | |
| EBITDA | $68.6M | $654M | $603M | $669M | $1.05B | $1.3B | $955M | $640M | $732M | $812M |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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