Teradyne, Inc. (TER) Financial Statements
Teradyne financial statements at a glance
Teradyne reported revenue of $3.19 billion for fiscal year 2025 (ended December 31, 2025), up 13.1% from fiscal year 2024. Net income was $554.05 million, a net margin of 17.4%, and diluted earnings per share were $3.47.
At the end of fiscal year 2025 it had total assets of $4.18 billion, total liabilities of $1.39 billion and shareholders' equity of $2.80 billion, with cash and short-term investments of $322.00 million and total debt of $283.24 million.
Its operations brought in $674.42 million of cash; capital spending was $224.01 million, leaving free cash flow of $450.41 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Teradyne, Inc.
Income Statement
Annual • USD
Teradyne key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $3.2B | $2.8B | $2.7B | $3.2B | $3.7B |
| Gross profit | $1.9B | $1.6B | $1.5B | $1.9B | $2.2B |
| Operating income | $688.6M | $552.2M | $522.3M | $849.1M | $1.2B |
| Net income | $554.0M | $542.4M | $448.8M | $715.5M | $1.0B |
| Diluted EPS | $3.47 | $3.32 | $2.73 | $4.22 | $5.56 |
| Total assets | $4.2B | $3.7B | $3.5B | $3.5B | $3.8B |
| Total liabilities | $1.4B | $889.4M | $960.9M | $1.0B | $1.2B |
| Shareholders' equity | $2.8B | $2.8B | $2.5B | $2.5B | $2.6B |
| Cash and short-term investments | $322.0M | $599.7M | $819.7M | $894.4M | $1.4B |
| Total debt | $283.2M | $76.6M | $82.6M | $132.9M | $184.6M |
| Operating cash flow | $674.4M | $672.2M | $585.2M | $577.9M | $1.1B |
| Capital spending | $224.0M | $198.1M | $159.6M | $163.2M | $132.5M |
| Free cash flow | $450.4M | $474.1M | $425.6M | $414.7M | $965.9M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Teradyne's revenue in fiscal year 2025?
$3.19 billion, up 13.1% from $2.82 billion in fiscal year 2024.
How much profit does Teradyne make?
Teradyne reported net income of $554.05 million for fiscal year 2025 (17.4% of revenue); operating income was $688.61 million.
How much cash and debt does Teradyne have?
At the end of fiscal year 2025: cash and short-term investments of $322.00 million and total debt of $283.24 million.
What is Teradyne's free cash flow?
$450.41 million in fiscal year 2025 (operating cash flow of $674.42 million minus capital spending of $224.01 million).
