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

216.63 3.89 +1.83%
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) Operating margin

Alert me on Operating margin

Teradyne, Inc.'s operating margin over the twelve months to 30 September 2026 was 32.1%, up 11.7 percentage points from fiscal 2025 (20.4%). Over the past ten years it has ranged from −3.59% (fiscal 2016) to 32.4% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Semiconductor Equipment & Materials industry median of 12.0% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 20.4% (0.68)
FY2024 21.1% 2.34
FY2023 18.7% (7.65)
FY2022 26.4% (6.06)
FY2021 32.4% 2.69
FY2020 29.7% 5.62
FY2019 24.1% 1.57
FY2018 22.6% (2.04)
FY2017 24.6% 28.18
FY2016 −3.59% (18.41)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 30.8% (2.16)
Jun 2026 32.9% (3.94)
Mar 2026 36.9% 9.82
Dec 2025 27.1% 8.17
43 more quarters

Against its own ten years

Low −3.59% High 32.4%
Ten-year median 22.6%
Current reading's percentile 93

Operating margin against peers

Company Operating margin
KLAC KLA Corporation compare 42.6%
LRCX Lam Research Corporation compare 37.0%
TER Teradyne, Inc. 32.1%
NVMI Nova Ltd. compare 29.0%
Q Qnity Electronics, Inc. compare 20.0%
FORM FormFactor, Inc. compare 18.3%
ENTG Entegris, Inc. compare 18.2%
ONTO Onto Innovation Inc. compare 12.0%
AMKR Amkor Technology, Inc. compare 9.51%
Semiconductor Equipment & Materials industry median 12.0%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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