TERADYNE, INC. (TER) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Business Segment by Geography
2025-01-01 to 2025-12-31
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TERADYNE, INC. (TER) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Segments by Geographical. 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
- Robotics
- 308,295,000 US dollars
- Semiconductor Test
- 2,523,744,000 US dollars
- Product Test - Americas
- 208,441,000 US dollars
- Product Test - Asia Pacific
- 114,766,000 US dollars
- Product Test - Europe, Middle East and Africa
- 34,778,000 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.
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- 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.

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Gross margin
58.2%
Gross profit / revenue
Operating margin
20.4%
Operating profit / revenue
Cash conversion
121.7%
Operating cash / net income, same period
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