TERADYNE, INC. (TER) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-01-01 to 2025-03-30

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TERADYNE, INC. cash flow reconciliation, Jan 1, 2025 through Mar 30, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $98,896,000.00Depreciation → Operating adjustments reconciliation: $25,523,000.00Stock-based compensation → Operating adjustments reconciliation: $15,204,000.00Prepayments and other assets → Operating adjustments reconciliation: $13,650,000.00Accounts receivable → Operating adjustments reconciliation: $13,053,000.00Income taxes → Operating adjustments reconciliation: $13,040,000.00Deferred revenue and customer advances → Operating adjustments reconciliation: $10,200,000.00Equity in net earnings of affiliate → Operating adjustments reconciliation: $5,584,000.00Provision for excess and obsolete inventory → Operating adjustments reconciliation: $4,945,000.00Amortization → Operating adjustments reconciliation: $4,779,000.00Other → Operating adjustments reconciliation: $3,483,000.00Losses (gains) on investments → Operating adjustments reconciliation: $3,372,000.00Operating adjustments reconciliation → Net cash from operating activities: $62,741,000.00Operating adjustments reconciliation → Inventories: $31,049,000.00Operating adjustments reconciliation → Accounts payable and other liabilities: $9,950,000.00Operating adjustments reconciliation → Deferred taxes: $7,811,000.00Operating adjustments reconciliation → Retirement plans contributions: $1,282,000.00Proceeds from maturities of marketable securities → investing reconciliation: $27,381,000.00Proceeds from sales of marketable securities → investing reconciliation: $5,633,000.00investing reconciliation → Purchases of property, plant and equipment: $64,021,000.00investing reconciliation → Acquisition of businesses, net of cash acquired: $17,002,000.00investing reconciliation → Purchases of marketable securities: $10,753,000.00investing reconciliation → Investments in businesses: $3,011,000.00Net cash used in financing activities → financing reconciliation: $176,815,000.00Issuance of common stock under stock purchase and stock option plans → financing reconciliation: $14,792,000.00financing reconciliation → Repurchase of common stock: $157,475,000.00financing reconciliation → Dividend payments: $19,406,000.00financing reconciliation → Payments related to net settlement of employee stock compensation awards: $14,726,000.00Net cash used in investing activities → investing reconciliation: $61,773,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $553,354,000.00Net cash from operating activities → Cash sources and uses: $161,637,000.00Cash sources and uses → Exchange-rate effect: $771,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $475,632,000.00Cash sources and uses → Net cash used in investing activities: $61,773,000.00Cash sources and uses → Net cash used in financing activities: $176,815,000.00Net income: $98,896,000.00Net income+$98.90 MDepreciation: $25,523,000.00Depreciation expense+$25.52 MStock-based compensation: $15,204,000.00Stock-based compensation+$15.20 MEquity in net earnings of affiliate: $5,584,000.00Equity-method results+$5.58 MProvision for excess and obsolete inventory: $4,945,000.00Inventory write-downs+$4.95 MAmortization: $4,779,000.00Amortization expense+$4.78 MDeferred taxes: -$7,811,000.00Deferred income taxes−$7.81 MLosses (gains) on investments: $3,372,000.00Investment sale gain & loss+$3.37 MOther: $3,483,000.00Other non-cash items+$3.48 MAccounts receivable: $13,053,000.00Accounts receivable+$13.05 MInventories: -$31,049,000.00Inventories−$31.05 MPrepayments and other assets: $13,650,000.00Prepaid & other assets+$13.65 MAccounts payable and other liabilities: -$9,950,000.00Payables & other liabilities−$9.95 MDeferred revenue and customer advances: $10,200,000.00Deferred revenue+$10.20 MRetirement plans contributions: -$1,282,000.00Pension & retiree obligations−$1.28 MIncome taxes: $13,040,000.00Income tax balances+$13.04 MNet cash from operating activities: $161,637,000.00Operating cash+$161.64 MOperating adjustments reconciliation: $112,833,000.00Repurchase of common stock: -$157,475,000.00Common stock repurchases−$157.48 MIssuance of common stock under stock purchase and stock option plans: $14,792,000.00Employee stock plans & options+$14.79 MDividend payments: -$19,406,000.00Dividends paid−$19.41 MPayments related to net settlement of employee stock compensation awards: -$14,726,000.00Stock-award tax withholding−$14.73 MNet cash used in financing activities: -$176,815,000.00. Cash required to fund net payments.Financing cash−$176.82 Mfinancing reconciliation: $191,607,000.00Purchases of property, plant and equipment: -$64,021,000.00PP&E purchases−$64.02 MAcquisition of businesses, net of cash acquired: -$17,002,000.00Acquisitions, net of cash−$17.00 MInvestments in businesses: -$3,011,000.00Asset & investment purchases−$3.01 MProceeds from maturities of marketable securities: $27,381,000.00AFS securities maturities+$27.38 MProceeds from life insurance: $0.00Purchases of marketable securities: -$10,753,000.00Marketable securities purchases−$10.75 MProceeds from sales of marketable securities: $5,633,000.00Marketable securities proceeds+$5.63 MNet cash used in investing activities: -$61,773,000.00. Cash required to fund net payments.Investing cash−$61.77 Minvesting reconciliation: $94,787,000.00Cash sources and uses: $714,991,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $553,354,000.00Beginning cash$553.35 MEnding cash: Cash, cash equivalents, and restricted cash: $475,632,000.00Ending cash$475.63 MExchange-rate effect: -$771,000.00FX effect−$771.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$97.62 MOperating cash − cash spent on PP&ECash flow / Net income1.63×Operating cash flow ÷ net incomeNet cash change−$77.72 MEnding cash − beginning cash
Chart details

TERADYNE, INC. cash flow reconciliation, Jan 1, 2025 through Mar 30, 2025

Cash flows for Jan 1, 2025 through Mar 30, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2024. Ending cash: Mar 30, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2024
553,354,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
161,637,000 US dollars. Net cash provided.
Net income
98,896,000 US dollars
Depreciation
25,523,000 US dollars
Stock-based compensation
15,204,000 US dollars
Equity in net earnings of affiliate
5,584,000 US dollars
Provision for excess and obsolete inventory
4,945,000 US dollars
Amortization
4,779,000 US dollars
Deferred taxes
negative 7,811,000 US dollars
Losses (gains) on investments
3,372,000 US dollars
Other
3,483,000 US dollars
Accounts receivable
13,053,000 US dollars
Inventories
negative 31,049,000 US dollars
Prepayments and other assets
13,650,000 US dollars
Accounts payable and other liabilities
negative 9,950,000 US dollars
Deferred revenue and customer advances
10,200,000 US dollars
Retirement plans contributions
negative 1,282,000 US dollars
Income taxes
13,040,000 US dollars
Investing activities
negative 61,773,000 US dollars. Net cash used.
Purchases of property, plant and equipment
negative 64,021,000 US dollars
Acquisition of businesses, net of cash acquired
negative 17,002,000 US dollars
Investments in businesses
negative 3,011,000 US dollars
Proceeds from maturities of marketable securities
27,381,000 US dollars
Proceeds from life insurance
0 US dollars
Purchases of marketable securities
negative 10,753,000 US dollars
Proceeds from sales of marketable securities
5,633,000 US dollars
Financing activities
negative 176,815,000 US dollars. Net cash used.
Repurchase of common stock
negative 157,475,000 US dollars
Issuance of common stock under stock purchase and stock option plans
14,792,000 US dollars
Dividend payments
negative 19,406,000 US dollars
Payments related to net settlement of employee stock compensation awards
negative 14,726,000 US dollars
Operating adjustment reconciliation
112,833,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
191,607,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
94,787,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 771,000 US dollars
Ending cash on Mar 30, 2025
475,632,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
714,991,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 77,722,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.63×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
161,637,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
64,021,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
97,616,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $62.74M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 161,637,000 US dollars minus 64,021,000 US dollars equals 97,616,000 US dollars.
TERADYNE, INC. (TER) FY2025 Q1 Statement of Cash Flows Sankey chart
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