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Teradyne, Inc.

NASDAQ•TER
CEO: Mr. Gregory S. Smith
Sector: Technology
Industry: Semiconductors
Listing Date: 1970-09-14
Teradyne, Inc. designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage and system level test systems; and circuit-board test and inspection systems. The Wireless Test segment provides wireless test solutions for silicon validation, wireless module manufacturing, and wireless end device manufacturing under the LitePoint brand. This segment also offers IQxel-MX and IQxel-MW7G series products for edge measurement performance in the manufacturing of connectivity products; IQxstream-5G and IQgig-5G family products to support 4G and 5G technologies; and IQgig-UWB+ for certification and manufacturing test support for ultra wideband products. The Robotics segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and industrial customers. The company was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
Contact Information
600 Riverpark Drive, North Reading, MA, 01864, United States
978-370-2700
www.teradyne.com
Market Cap
$44.84B
P/E (TTM)
80.9
45.8
Dividend Yield
0.2%
52W High
$344.92
52W Low
$65.77
52W Range
79%
Rank32Top 23.6%
4.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.08B+43.89%
4-Quarter Trend

EPS

$1.64+82.19%
4-Quarter Trend

FCF

$218.75M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Semiconductor Revenue Surges Semiconductor Test revenue reached $2.52B, growing 18.8% driven by robust AI and VIP compute demand in 2025.
Total Revenue Growth Strong Total revenues grew to $3.19B, an increase of $370.1M, supported by strong Product Test segment performance.
Robotics Shows Sequential Growth Robotics segment posted third consecutive quarter of sequential revenue growth in Q4 2025; cost reductions implemented.
Strategic Acquisitions Completed Acquired Quantifi for $127.2M and AET for $18.3M equivalent, bolstering PIC and Semiconductor Test capabilities.

Risk Factors

High Customer Concentration Risk Top five direct customers accounted for 44% of consolidated revenues in 2025; loss of major customer is material risk.
Global Trade and Tariffs Impact Subject to tariffs, export controls, and geopolitical tensions; adverse trade policy changes could reduce competitiveness.
Intense Market Competition Facing competitors with superior resources; inability to maintain competitive position risks downward price pressure and reduced margins.
Robotics Revenue Declines Robotics revenue decreased $56.5M (15.5%) in 2025, primarily due to lower cobot arm and AMR sales globally.

Outlook

AI Demand Expected Continue Expect AI related customer demand to continue driving the majority of revenues in the first quarter of 2026.
Joint Venture Formation Planned Forming MultiLane Test Products (MLTP) joint venture in H1 2026, investing $157M for 75% ownership to serve AI Data Center market.
Capital Allocation Balanced Capital plan focuses on organic/inorganic growth investment while returning $778.4M to shareholders via buybacks and dividends in 2025.
Robotics Cost Restructuring Robotics organization implemented restructuring activities during 2025 to better position for future success and cost control.

Peer Comparison

Revenue (TTM)

JBL stock ticker logoJBL
$31.11B
+13.2%
SMCI stock ticker logoSMCI
$28.06B
+34.8%
FLEX stock ticker logoFLEX
$26.84B
+12.2%

Gross Margin (Latest Quarter)

PTC stock ticker logoPTC
82.8%
+4.9pp
KEYS stock ticker logoKEYS
62.2%
-1.1pp
MCHP stock ticker logoMCHP
59.6%
-16.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
KEYS$48.07B50.216.5%25.8%
ASX$47.02B36.612.8%29.7%
TER$44.84B80.919.9%8.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
16.5%
Strong Growth
4Q Net Income CAGR
37.5%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026
|
EPS:$2.08
|
Revenue:$1.21B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data