TERADYNE, INC. (TER) FY2024 Annual P&L / Income Statement

TERADYNE, INC. (TER) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

2,819,880,000 US dollars

Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)

1,170,953,000 US dollars

Gross profit

1,648,927,000 US dollars

Total operating expenses

1,055,139,000 US dollars

Income from operations

593,788,000 US dollars

Other income (expense), net (calculated)

15,298,000 US dollars

Income before income taxes and equity in net earnings of affiliate

609,086,000 US dollars

Income tax provision

59,503,000 US dollars

Net income

542,372,000 US dollars

Point in Time

2,414,485,000 US dollars

Over Time

405,395,000 US dollars

Selling and administrative

617,047,000 US dollars

Engineering and development

460,876,000 US dollars

Acquired intangible assets amortization

18,764,000 US dollars

Restructuring and other

15,571,000 US dollars

Gain on sale of business

negative 57,119,000 US dollars

Equity in net earnings of affiliate

negative 7,211,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.