Teradyne, Inc.

TER Technology Semiconductor Equipment & Materials

Teradyne, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 13.1% from fiscal 2024. In the quarter to June 2026, revenue grew 103.9%, EPS grew 387.8% and free cash flow grew 187.4%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, operating cash flow growth for three.

324.86 18.35 −5.35%
Market cap
$53.7B
P/E
44.3×
Fwd P/E
51.2×
Dividend yield
0.16%
F-score
5/9
Altman Z
15.08
Beneish M
−2.20
Dividend safety
90/100

Teradyne, Inc. (TER) Gross margin

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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

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Annual newest first

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 newest first

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 86

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 46.2%

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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