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.
Revenue
$769.2M
Gross Profit
$449.3M
Operating Profit
$145.3M
Net Profit
$119.6M
Gross Margin
58.4%
Operating Margin
18.9%
Net Margin
15.5%
YoY Growth
4.3%
EPS
$0.75
Teradyne Q3 FY2025 Financial Summary
Teradyne reported revenue of $769.2M (up 4.3% YoY) for Q3 FY2025, with a net profit of $119.6M (down 17.9% YoY) (15.5% margin). Cost of goods sold was $319.9M, operating expenses totaled $304.0M.
Key Financial Metrics
| Total Revenue | $769.2M |
|---|---|
| Net Profit | $119.6M |
| Gross Margin | 58.4% |
| Operating Margin | 18.9% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Teradyne Q3 FY2025 revenue of $769.2M breaks down across 6 segments, led by Soc at $440.2M (57.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Soc | $440.2M | 57.2% |
| Memory | $128.1M | 16.6% |
| Universal Robots | $75.1M | 9.8% |
| Transferred At Point In Time | $69.6M | 9.0% |
| IST | $37.6M | 4.9% |
| Transferred Over Time | $18.7M | 2.4% |
Teradyne Revenue by Segment — Quarterly Trend
Teradyne revenue by segment across the last 4 reported quarters, showing how each business line (such as Soc and Memory) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Soc | — | $646.5M | $440.2M | $396.6M |
| Memory | — | $206.5M | $128.1M | $60.9M |
| Universal Robots | — | $89.4M | $75.1M | $74.9M |
| Transferred At Point In Time | — | $90.0M | $69.6M | $66.2M |
| IST | — | $30.5M | $37.6M | $34.3M |
Teradyne Annual Revenue by Year
Teradyne annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.2B |
| 2024 | $2.8B |
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 |