Teradyne, Inc. TER

398.38 10.68 2.75% as of 25 Sep
Market cap
$62.4B
P/E
54.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Teradyne, Inc. (TER) Gross margin

Teradyne, Inc.'s gross margin over the twelve months to 30 June 2026 was 59.2%, up 1.0 percentage points from fiscal 2025 (58.2%). Over the past ten years it has ranged from 54.7% (fiscal 2016) to 59.6% (fiscal 2021); the current reading is higher than 64% of that period. That is above the Semiconductor Equipment & Materials industry median of 44.0% and above the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 58.2% (0.26)
FY2024 58.5% 1.06
FY2023 57.4% (1.76)
FY2022 59.2% (0.41)
FY2021 59.6% 2.38
FY2020 57.2% (1.17)
FY2019 58.4% 0.29
FY2018 58.1% 0.92
FY2017 57.2% 2.49
FY2016 54.7% (1.17)

Quarterly

Period Gross margin Change (points)
Jun 2026 59.8% (1.10)
Mar 2026 60.9% 3.69
Dec 2025 57.2% (1.21)
Sep 2025 58.4% 1.18
42 more quarters

Against its own ten years

Low 54.7% High 59.6%
Ten-year median 58.1%
Current reading's percentile 64

Gross margin against peers

Company Gross margin
KLAC KLA Corporation compare 61.3%
TER Teradyne, Inc. 59.2%
NVMI Nova Ltd. compare 57.1%
ONTO Onto Innovation Inc. compare 50.4%
AMAT Applied Materials, Inc. compare 49.4%
Q Qnity Electronics, Inc. compare 46.2%
ENTG Entegris, Inc. compare 45.5%
FORM FormFactor, Inc. compare 43.1%
AMKR Amkor Technology, Inc. compare 15.5%
Semiconductor Equipment & Materials industry median 44.0%
Technology sector median 47.2%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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