Free cash flow
Teradyne, Inc. Free cash flow decreased by 8.4% to $200.39M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 105.3%, from $97.62M to $200.39M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -17.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $171.58M | $493.46M | $301.97M | -$36.54M | $69.71M | $232.68M | $148.83M | -$22.11M | $103.51M | $139.74M | $204.44M | -$36.74M | $171.22M | $114.43M | $225.17M | $97.62M | $131.68M | $2.36M | $218.75M | $200.39M |
| QoQ Change | — | +187.6% | -38.8% | -112.1% | +290.8% | +233.8% | -36.0% | -114.9% | +568.2% | +35.0% | +46.3% | -118.0% | +566.0% | -33.2% | +96.8% | -56.6% | +34.9% | -98.2% | >999% | -8.4% |
| YoY Change | — | — | — | — | -59.4% | -52.8% | -50.7% | +39.5% | +48.5% | -39.9% | +37.4% | -66.2% | +65.4% | -18.1% | +10.1% | +365.7% | -23.1% | -97.9% | -2.9% | +105.3% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Teradyne, Inc.'s free cash flow?
- Teradyne, Inc. (TER) reported free cash flow of $200.39M in Q1 2026.
- How has Teradyne, Inc.'s free cash flow changed year-over-year?
- Teradyne, Inc.'s free cash flow increased by 105.3% year-over-year, from $97.62M to $200.39M.
- What is the long-term trend for Teradyne, Inc.'s free cash flow?
- Over 4 years (2021 to 2025), Teradyne, Inc.'s free cash flow has grown at a -17.4% compound annual growth rate (CAGR), from $965.89M to $450.41M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.