Teradyne, Inc.
As of Fiscal Year 2025 (ended December 31, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total revenue (FY2025) | $3.19 billion, up 13% year-over-year |
| GAAP net income (FY2025) | $554.0 million ($3.47 diluted EPS); Non-GAAP net income was $632.1 million ($3.96 diluted EPS) |
| GAAP gross margin (FY2025) | 58.2% of revenue |
| GAAP operating margin (FY2025) | 20.4% of revenue (Non-GAAP: 22.3%) |
| Engineering and development spending (FY2025) | $504.6 million |
| Robotics segment restructuring | Two rounds of workforce reductions in 2025 (including ~400 employees in one round) as the segment works to return to profitability amid soft demand |
| Employees | ~6,600 (as of December 31, 2025) |
Sources: Revenue, segment, and profitability figures are from Teradyne's Q4/FY2025 earnings release and Form 10-K (reported February 2026). Effective March 2025, Teradyne restructured from two reportable segments (Semiconductor Test and Robotics) to three (Semiconductor Test, Robotics, and Product Test, the last combining Production Board Test, Defense/Aerospace, and Wireless Test following the PIC Testing acquisition); prior periods were recast to the new structure. Teradyne's Robotics segment has been under restructuring (two rounds of workforce reductions in 2025) and operates at thin or negative margins, so segment operating income is not shown as a pie; a qualitative note is given in the KPI table instead. No sufficiently specific, credibly-sourced third-party estimate of Teradyne's share of the semiconductor automated test equipment (ATE) market was found (most available reports describe it only as a duopoly with Advantest, without a precise recent percentage), so a market-share widget was omitted rather than forced.