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Teradyne income statement

In fiscal 2025, Teradyne reported revenue of $3.19bn, up 13.1% on the year before, operating income of $650m (a 20.4% margin) and net income of $554m, or $3.47 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Teradyne: income statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue7771,5661,4291,6571,4281,6481,6401,7532,1372,1012,2953,1213,7033,1552,6762,8203,1905,001
Cost of revenue4787097177716197697247949138809551,3361,4961,2881,1401,1711,3332,034
Gross profit2998587128868098799169591,2211,2201,3401,7862,2071,8671,5371,6491,8572,967
Research and development161192201256264292292292307302323375428441418461505598
Selling, general and administrative195225232277280320306317349391437465548558577617649723
Operating income−12541523128719196243−635254745549281,2018325015946501,606
Interest expense22242425267242222222418444711
Income before tax−14439621426620295253−555244685269011,1618405266096531,603
Income tax−917−13049371447−122671658117146125776079218
Net income−13438537021716581206−432584524677841,0157164495425541,373
Diluted EPS−$0.77$1.75$1.63$0.94$0.70$0.37$0.97−$0.21$1.28$2.35$2.60$4.28$5.53$4.22$2.73$3.32$3.47$8.71
Diluted shares (average)174m227m227m230m236m223m213m203m202m193m179m183m184m170m164m163m160m158m
EBITDA−20508338433341249384576335876741,0551,3269436127147781,745

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Teradyne's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Teradyne.