TERADYNE, INC. (TER) FY2025 Annual P&L / Income Statement

TERADYNE, INC. (TER) FY2025 Annual P&L / Income Statement

Income statement for 2025-01-01 through 2025-12-31. View: Segments by Business Combination. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

3,190,024,000 US dollars

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

1,332,679,000 US dollars

Gross profit

1,857,345,000 US dollars

Total operating expenses

1,207,294,000 US dollars

Income from operations

650,051,000 US dollars

Other income (expense), net (calculated)

3,209,000 US dollars

Income before income taxes and equity in net earnings of affiliate

653,260,000 US dollars

Income tax provision

79,299,000 US dollars

Net income

554,047,000 US dollars

Product Test

357,985,000 US dollars

Robotics - Universal Robots (UR)

308,295,000 US dollars

Semiconductor Test - IST

129,156,000 US dollars

Semiconductor Test - Memory

504,903,000 US dollars

Semiconductor Test - System on-a-Chip

1,889,685,000 US dollars

Selling and administrative

648,874,000 US dollars

Engineering and development

504,596,000 US dollars

Acquired intangible assets amortization

15,270,000 US dollars

Restructuring and other

38,554,000 US dollars

Gain on sale of business

0 US dollars

Equity in net earnings of affiliate

negative 19,914,000 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.