Teradyne Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $3.19B | $2.82B | $2.68B | $3.15B | $3.70B | $3.12B | $2.30B |
| Semiconductor Test | — | — | — | $1.80B | $2.19B | $2.63B | $2.26B | $1.56B |
| System Test | — | — | — | $281.3M | $341.6M | $421.4M | $392.4M | $291.6M |
| Wireless Test | — | — | — | $218.4M | $221.7M | $276.1M | $207.2M | $163.7M |
| Industrial Automation | — | — | — | $372.6M | $403.0M | $375.8M | $262.7M | $283.3M |
| Cost of Revenue | — | $1.33B | $1.17B | $1.14B | $1.29B | $1.50B | $1.34B | $955.1M |
| Gross Profit | — | $1.86B | $1.65B | $1.54B | $1.87B | $2.21B | $1.79B | $1.34B |
| Gross Margin | — | 58.2% | 58.5% | 57.4% | 59.2% | 59.6% | 57.2% | 58.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $648.9M | $617.0M | $577.3M | $558.1M | $547.6M | $464.8M | $437.1M |
| Operating Income | — | $650.1M | $593.8M | $501.1M | $831.9M | $1.20B | $928.4M | $553.7M |
| Operating Margin | — | 20.4% | 21.1% | 18.7% | 26.4% | 32.4% | 29.7% | 24.1% |
| Interest Expense | — | $6.8M | $3.6M | $3.8M | $3.7M | $17.8M | $24.2M | $22.2M |
| Pretax Income | — | $653.3M | $609.1M | $525.6M | $840.4M | $1.16B | $901.0M | $525.8M |
| Income Tax Expense | — | $79.3M | $59.5M | $76.8M | $124.9M | $146.4M | $116.9M | $58.3M |
| Net Income | — | $554.0M | $542.4M | $448.8M | $715.5M | $1.01B | $784.1M | $467.5M |
| Net Margin | — | 17.4% | 19.2% | 16.8% | 22.7% | 27.4% | 25.1% | 20.4% |
| EPS (Basic) | — | $3.48 | $3.41 | $2.91 | $4.52 | $6.15 | $4.72 | $2.74 |
| EPS (Diluted) | — | $3.47 | $3.32 | $2.73 | $4.22 | $5.53 | $4.28 | $2.60 |
| Shares Outstanding (Basic) | 156.6M | 159.1M | 159.1M | 154.3M | 158.4M | 165.0M | 166.1M | 170.4M |
| Shares Outstanding (Diluted) | 156.6M | 159.7M | 163.3M | 164.3M | 169.7M | 183.6M | 183.0M | 179.5M |
| Dividends Per Share | — | $0.48 | $0.48 | $0.44 | $0.44 | $0.40 | $0.40 | $0.36 |