TERADYNE, INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.2B | $2.8B | $2.7B | $3.2B | $3.7B |
| Cost of revenue | $1.3B | $1.2B | $1.1B | $1.3B | $1.5B |
| Gross profit | $1.9B | $1.6B | $1.5B | $1.9B | $2.2B |
| Selling, general & administrative | $648.9M | $617.0M | $577.3M | $558.1M | $547.6M |
| Research and development | $504.6M | $460.9M | $418.1M | $440.6M | $427.6M |
| Operating expenses | $1.2B | $1.1B | $1.0B | $1.0B | $1.0B |
| Operating income | $650.1M | $593.8M | $501.1M | $831.9M | $1.2B |
| Interest expense | $6.8M | $3.6M | $3.8M | $3.7M | $17.8M |
| Pretax income | $653.3M | $609.1M | $525.6M | $840.4M | $1.2B |
| Income tax expense | $79.3M | $59.5M | $76.8M | $124.9M | $146.4M |
| Net income | $554.0M | $542.4M | $448.8M | $715.5M | $1.0B |
| Balance Sheet | |||||
| Cash and equivalents | $293.8M | $553.4M | $757.6M | $854.8M | $1.1B |
| Current assets | $1.9B | $1.8B | $2.2B | $2.3B | $2.6B |
| Total assets | $4.2B | $3.7B | $3.5B | $3.5B | $3.8B |
| Current liabilities | $1.1B | $624.6M | $660.0M | $746.3M | $805.1M |
| Total liabilities | $1.4B | $889.4M | $960.9M | $1.0B | $1.2B |
| Stockholders' equity | $2.8B | $2.8B | $2.5B | $2.5B | $2.6B |
| Cash Flow Statement | |||||
| Cash from operations | $674.4M | $672.2M | $585.2M | $577.9M | $1.1B |
| Depreciation and amortization | $128.0M | $119.7M | $110.9M | $110.7M | $125.5M |
| Stock-based compensation | $64.0M | $60.1M | $57.7M | $48.2M | $45.6M |
| Capital expenditure | $224.0M | $198.1M | $159.6M | $163.2M | $132.5M |
| Free cash flow | $450.4M | $474.1M | $425.6M | $414.7M | $965.9M |
| Dividends paid | $76.3M | $76.4M | $67.9M | $69.7M | $66.0M |
| Share repurchases | $702.1M | $198.6M | $397.2M | $752.1M | $600.0M |
| Impairments | $4.9M | $0 | $0 | $1.6M | $19.2M |
Shares outstanding 156.5M · Free float 99.7%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.