TER (Teradyne, Inc.) Stock Financials & Earnings | Market Cap Arena

TER (Teradyne, Inc.) Stock Financials & Earnings | Market Cap Arena

TERTeradyne, Inc.

Mkt Cap$48B

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Revenue (TTM)$3.2B

Net Income (TTM)$554M

EPS (TTM)$3.48

Free Cash Flow (TTM)$450M

Gross Margin58.3%

Op. Margin20.9%

Net Margin17.4%

FCF Margin14.1%

P/S Ratio (TTM)15.0x

P/E Ratio (TTM)86.3x

YoY Rev Growth+13.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$618M	$356M	$93M
Q2 23	$684M	$402M	$140M
Q3 23	$704M	$398M	$144M
Q4 23	$671M	$380M	$124M
Q1 24	$600M	$339M	$78M
Q2 24	$730M	$426M	$210M
Q3 24	$737M	$437M	$152M
Q4 24	$753M	$447M	$154M
Q1 25	$686M	$415M	$121M
Q2 25	$652M	$373M	$91M
Q3 25	$769M	$449M	$145M
Q4 25	$1.1B	$623M	$310M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	15.8x	75.0x
Q2 23	16.7x	85.4x
Q3 23	17.5x	94.8x
Q4 23	17.9x	106.5x
Q1 24	18.0x	111.3x
Q2 24	17.7x	96.4x
Q3 24	17.5x	93.1x
Q4 24	16.9x	88.1x
Q1 25	16.4x	82.8x
Q2 25	16.9x	101.9x
Q3 25	16.7x	107.9x
Q4 25	15.0x	86.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$19M	-$22M
Q2 23	$143M	$104M
Q3 23	$174M	$140M
Q4 23	$249M	$204M
Q1 24	$7M	-$37M
Q2 24	$216M	$171M
Q3 24	$166M	$114M
Q4 24	$283M	$225M
Q1 25	$162M	$98M
Q2 25	$182M	$132M
Q3 25	$49M	$2M
Q4 25	$282M	$219M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$41M
Q2 23	$39M
Q3 23	$35M
Q4 23	$44M
Q1 24	$44M
Q2 24	$45M
Q3 24	$52M
Q4 24	$57M
Q1 25	$64M
Q2 25	$50M
Q3 25	$47M
Q4 25	$63M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-18.2%	-7.9%
Q2 23	-18.6%	-8.1%
Q3 23	-14.9%	-6.0%
Q4 23	-8.4%	-3.4%
Q1 24	-2.9%	-0.5%
Q2 24	+6.6%	-4.6%
Q3 24	+4.8%	+4.6%
Q4 24	+12.3%	+9.7%
Q1 25	+14.3%	+8.2%
Q2 25	-10.7%	+8.0%
Q3 25	+4.3%	+6.6%
Q4 25	+43.9%	+29.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$16M	1.5%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	$106M	$151M
Q2 23	$106M	$146M
Q3 23	$104M	$138M
Q4 23	$102M	$142M
Q1 24	$103M	$149M
Q2 24	$112M	$154M
Q3 24	$117M	$158M
Q4 24	$128M	$156M
Q1 25	$118M	$157M
Q2 25	$118M	$158M
Q3 25	$125M	$169M
Q4 25	$143M	$163M

Revenue Segments

Quarter	Product	Service
Q1 23	$473M	$144M
Q2 23	$540M	$144M
Q3 23	$552M	$152M
Q4 23	$531M	$140M
Q1 24	$458M	$141M
Q2 24	$597M	$133M
Q3 24	$613M	$124M
Q4 24	$627M	$126M
Q1 25	$562M	$124M
Q2 25	$523M	$129M
Q3 25	$632M	$137M
Q4 25	$943M	$140M

Revenue by Geography

Quarter	Americas	Asia Pacific	Emea
Q1 23	$119M	$424M	$74M
Q2 23	$125M	$499M	$60M
Q3 23	$105M	$536M	$63M
Q1 24	$109M	$424M	$67M
Q2 24	$92M	$577M	$61M
Q3 24	$105M	$570M	$63M
Q1 25	$110M	$532M	$43M
Q2 25	$89M	$507M	$56M
Q3 25	$99M	$613M	$57M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$649M	$93M	$742M
Q2 23	$613M	$95M	$708M
Q3 23	$637M	$80M	$717M
Q4 23	$758M	$62M	$820M
Q1 24	$707M	$41M	$749M
Q2 24	$422M	$39M	$461M
Q3 24	$510M	$42M	$552M
Q4 24	$553M	$46M	$600M
Q1 25	$476M	$32M	$508M
Q2 25	$339M	$29M	$368M
Q3 25	$273M	$25M	$298M
Q4 25	$294M	$28M	$322M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	166M	+0.5%
Q2 23	165M	-0.9%
Q3 23	164M	-0.4%
Q4 23	162M	-1.2%
Q1 24	162M	+0.1%
Q2 24	163M	+0.7%
Q3 24	164M	+0.5%
Q4 24	163M	-0.7%
Q1 25	162M	-0.7%
Q2 25	161M	-0.6%
Q3 25	159M	-1.2%
Q4 25	158M	-0.9%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$423K	4K
FY 15	$400K	4K
FY 16	$408K	4K
FY 17	$475K	5K
FY 18	$429K	5K
FY 19	$425K	5K
FY 20	$568K	6K
FY 21	$628K	6K
FY 22	$485K	7K
FY 23	$412K	7K
FY 24	$434K	7K
FY 25	$483K	7K