TeradyneTEREarnings & Financial Report
Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
TER Q1 FY2026 Key Financial Metrics
Revenue
$1.3B
Gross Profit
$780.9M
Operating Profit
$473.0M
Net Profit
$398.9M
Gross Margin
60.9%
Operating Margin
36.9%
Net Margin
31.1%
YoY Growth
87.0%
EPS
$2.53
Teradyne Q1 FY2026 Financial Summary
Teradyne reported revenue of $1.3B (up 87.0% YoY) for Q1 FY2026, with a net profit of $398.9M (31.1% margin). Cost of goods sold was $501.6M, operating expenses totaled $307.9M.
Key Financial Metrics
| Total Revenue | $1.3B |
|---|---|
| Net Profit | $398.9M |
| Gross Margin | 60.9% |
| Operating Margin | 36.9% |
| Report Period | Q1 FY2026 |
Teradyne Annual Revenue by Year
Teradyne annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.2B).
Teradyne Quarterly Revenue & Net Profit History
Teradyne results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.3B | +87.0% | $398.9M | 31.1% |
| Q4 FY2025 | $1.1B | +43.9% | $257.2M | 23.7% |
| Q3 FY2025 | $769.2M | +4.3% | $119.6M | 15.5% |
| Q2 FY2025 | $651.8M | -10.7% | $78.4M | 12.0% |
| Q1 FY2025 | $685.7M | +14.3% | $98.9M | 14.4% |
| Q4 FY2024 | $752.9M | +7.0% | $146.3M | 19.4% |
| Q3 FY2024 | $737.3M | +7.7% | $145.6M | 19.8% |
| Q2 FY2024 | $729.9M | +18.2% | $186.3M | 25.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $729.9M | $737.3M | $752.9M | $685.7M | $651.8M | $769.2M | $1.08B | $1.28B |
| YoY Growth | 18.2% | 7.7% | 7.0% | 14.3% | -10.7% | 4.3% | 43.9% | 87.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.63B | $3.77B | $3.71B | $3.71B | $3.76B | $3.96B | $4.18B | $4.43B |
| Liabilities | $900.9M | $867.2M | $889.4M | $908.3M | $924.6M | $1.25B | $1.39B | $1.29B |
| Equity | $2.73B | $2.90B | $2.82B | $2.80B | $2.84B | $2.72B | $2.80B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $216.1M | $166.3M | $282.6M | $161.6M | $182.1M | $49.0M | $281.6M | $265.1M |