# TERADYNE, INC. (TER) FY2025 YTD Q2 P&L / Income Statement

- Company: TERADYNE, INC. (TER)
- Period: 2025-01-01 to 2025-06-29
- Filing: Q2 FY2025 10-Q, filed 2025-08-01, accession number 0000950170-25-101248
- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-06-29. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Product revenue**: 1,084,614,000 US dollars
- **Service revenue**: 252,863,000 US dollars
- **Product cost of revenue**: 456,564,000 US dollars
- **Service cost of revenue**: 92,564,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-06-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Asia Pacific**: 1,039,066,000 US dollars
- **Americas**: 199,180,000 US dollars
- **Europe, Middle East and Africa**: 99,231,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.

## Chart details: Revenue by Timing of Transfer

- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-revenue-by-timing-of-transfer-sankey.png

Income statement for 2025-01-01 through 2025-06-29. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Point in Time**: 1,131,240,000 US dollars
- **Over Time**: 206,237,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.

## Chart details: Revenue by Business Segment by Acquired Business

- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement/revenue-by-business-segment-by-acquired-business
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-revenue-by-business-segment-by-acquired-business-sankey.png

Income statement for 2025-01-01 through 2025-06-29. View: Segments by Business Combination. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Product Test**: 159,242,000 US dollars
- **Robotics - Universal Robots (UR)**: 143,853,000 US dollars
- **Semiconductor Test - IST**: 61,053,000 US dollars
- **Semiconductor Test - Memory**: 170,351,000 US dollars
- **Semiconductor Test - System on-a-Chip**: 802,978,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-06-29. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Semiconductor Test**: 1,034,382,000 US dollars
- **Robotics**: 143,853,000 US dollars
- **Product Test**: 159,242,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.

## Chart details: Revenue by Business Segment by Timing of Transfer

- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement/revenue-by-business-segment-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-revenue-by-business-segment-by-timing-of-transfer-sankey.png

Income statement for 2025-01-01 through 2025-06-29. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Robotics**: 143,853,000 US dollars
- **Semiconductor Test**: 1,034,382,000 US dollars
- **Product Test - Point in Time**: 122,717,000 US dollars
- **Product Test - Over Time**: 36,525,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.

## Chart details: Revenue by Business Segment by Geography

- Page: https://plicit.ai/financials/ter/fy2025-ytd-q2-income-statement/revenue-by-business-segment-by-geography
- Chart image: https://plicit.ai/charts/ter-fy2025-ytd-q2-revenue-by-business-segment-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-06-29. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,337,477,000 US dollars
- **Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below)**: 549,128,000 US dollars
- **Gross profit**: 788,349,000 US dollars
- **Total operating expenses**: 576,802,000 US dollars
- **Income from operations**: 211,547,000 US dollars
- **Other income (expense), net (calculated)**: 4,037,000 US dollars
- **Income before income taxes and equity in net earnings of affiliate**: 215,584,000 US dollars
- **Income tax provision**: 26,804,000 US dollars
- **Net income**: 177,269,000 US dollars
- **Robotics**: 143,853,000 US dollars
- **Semiconductor Test**: 1,034,382,000 US dollars
- **Product Test - Americas**: 83,014,000 US dollars
- **Product Test - Asia Pacific**: 60,447,000 US dollars
- **Product Test - Europe, Middle East and Africa**: 15,781,000 US dollars
- **Selling and administrative**: 315,039,000 US dollars
- **Engineering and development**: 236,570,000 US dollars
- **Acquired intangible assets amortization**: 8,306,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Restructuring and other**: 16,887,000 US dollars
- **Equity in net earnings of affiliate**: negative 11,511,000 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.
