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Teradyne, Inc.

TERNASDAQStock Fundamentals

Teradyne is a leading global provider of automated test equipment and robotics solutions designed to improve manufacturing efficiency and product quality. The company's systems test semiconductors, wireless products, and complex electronic systems, while its robotics division provides collaborative arms and autonomous mobile robots for industrial and logistics applications. Teradyne's value proposition centers on reducing time-to-market and total cost of ownership for manufacturers across the consumer electronics, automotive, and aerospace sectors.

Market Cap$56.3B
Revenue TTM$3.8B
Net Income TTM$854.1M
P/E Ratio65.94
Net Margin22.55%
EPS TTM$5.39
Free Cash Flow TTM$553.2M
Employees6.5K
CEOGregory Stephen Smith
CountryUnited States of America
Technology
Semiconductors
SegmentsSemiconductors, Industrial Automation, Robotics, Electronics Test & Measurement
Business ModelsHardware Manufacturing, Equipment Sales and Service, B2B Industrial Sales
Most Recent EarningsApr 28, 2026 · 14 days agoQ1 2026
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Next EarningsAug 4, 2026 · in 3 monthsAfter Market Close · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin58.7%
Op. Margin26.47%
ROE28.75%
D/E2.62%
Current Ratio2.15
Total Debt$82.4M
Cash$241.9M
CapEx TTM$224.7M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Semiconductor Test

primary

Designs and manufactures test systems for wafer level, device package, and system level testing of integrated circuits. This segment is currently driven by high demand for AI-related networking and compute solutions.

Products

FLEX Test Platform, UltraFLEXplus, J750, IP750 Image Sensor, Magnum 7, Magnum EPIC, ETS-88, ETS-800

Customers

Integrated Device Manufacturers (IDMs), Fabless companies, Foundries, Outsourced Semiconductor Assembly and Test (OSAT) providers

Robotics

major

Provides collaborative robotic arms and autonomous mobile robots (AMRs) that operate without traditional guidance infrastructure to improve productivity in manufacturing and logistics.

Products

UR3e, UR5e, UR10e, UR16e, UR20, UR30, MiR250, MiR600, MiR1350, MiR1200 Pallet Jack

Customers

Global manufacturing companies, Logistics providers, Industrial enterprises, E-commerce operators

Product Test

moderate

Focuses on test equipment for high-performance electronic and photonic assemblies, including defense and aerospace instrumentation and wireless test systems.

Products

Production board test systems, Wireless test systems, Photonic Integrated Circuit (PIC) test solutions, Defense and aerospace test instrumentation

Customers

Defense contractors, Aerospace companies, Data center equipment manufacturers, Automotive electronics suppliers

Segment Financials

Semiconductor Test — Engineering And Development Expense

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Semiconductor Test — Revenue

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Semiconductor Test — Cost Of Goods And Services Sold Under Segments

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Robotics — Revenue

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Robotics — Engineering And Development Expense

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Robotics — Selling And Marketing Expense

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Product Test — Revenue

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Product Test — Engineering And Development Expense

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Product Test — Total Assets

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Business Overview

Competitive Position

A global leader in semiconductor testing with a dominant position in high-growth AI and memory test applications, complemented by a pioneering role in the collaborative robotics market.

Geographies

United States, China, Taiwan, Philippines, Denmark, Costa Rica, Europe

Customer Segments

Semiconductor Manufacturers, Automotive OEMs, Aerospace and Defense, Logistics and Warehousing

Upstream Dependencies

Electronic component suppliers, Mechanical component manufacturers, Outsourced contract manufacturers, Silicon wafer foundries

Downstream Customers

Consumer electronics OEMs, Cloud service providers, Automotive manufacturers, Semiconductor assembly and test subcontractors

Competitors & Partners

Partners

M

MultiLane

Joint venture partner for MultiLane Test Products (MLTP) to serve the AI Data Center market

Subsidiaries

U

Universal Robots

Collaborative robotics brand and business unit

M

Mobile Industrial Robots

Autonomous mobile robotics brand and business unit

Q

Quantifi Photonics

Acquired leader in PIC test solutions included in Product Test segment

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Teradyne, Inc. FAQ

Common questions about Teradyne, Inc.

Teradyne is a leading global provider of automated test equipment and robotics solutions designed to improve manufacturing efficiency and product quality. The company's systems test semiconductors, wireless products, and complex electronic systems, while its robotics division provides collaborative arms and autonomous mobile robots for industrial and logistics applications. Teradyne's value proposition centers on reducing time-to-market and total cost of ownership for manufacturers across the consumer electronics, automotive, and aerospace sectors.

Teradyne, Inc. (TER) has a market capitalization of $56.3B and trades on NASDAQ.

Teradyne, Inc. generated $3.8B in trailing twelve-month revenue with net income of $854.1M, representing a net margin of 22.6%. Gross margin stands at 58.7%, with free cash flow of $553.2M. These figures are based on the Q1 2026 filing.

Teradyne, Inc.'s key competitors include Keysight Technologies, Rockwell Automation, Cohu, Inc., and others. These companies compete in similar markets and product categories.

Teradyne, Inc. has approximately 6,500 employees.