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.

Revenue
+69.8%
EPS
+192.0%
Free cash flow
+9,539.1%

Quarter to September 2026, against a year earlier

217.16 4.42 +2.08%
Market cap
$33.2B
P/E
24.8×
Fwd P/E
29.6×
Dividend yield
0.23%
F-score
5/9
Altman Z
15.08
Beneish M
−2.20
Dividend safety
90/100

Teradyne, Inc. (TER) Gross margin

Alert me on Gross margin

Teradyne, Inc.'s gross margin over the twelve months to 30 September 2026 was 59.3%, up 1.1 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 46.9% and above the Technology sector median of 46.9%.

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)
Sep 2026 59.1% (0.73)
Jun 2026 59.8% (1.10)
Mar 2026 60.9% 3.69
Dec 2025 57.2% (1.21)
43 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 61.5%
TER Teradyne, Inc. 59.3%
NVMI Nova Ltd. compare 57.1%
LRCX Lam Research Corporation compare 51.1%
ONTO Onto Innovation Inc. compare 50.4%
ENTG Entegris, Inc. compare 47.1%
FORM FormFactor, Inc. compare 47.1%
Q Qnity Electronics, Inc. compare 46.9%
AMKR Amkor Technology, Inc. compare 16.6%
Semiconductor Equipment & Materials industry median 46.9%
Technology sector median 46.9%
Market median 45.1%

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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