Product — Revenue
Teradyne, Inc. Product — Revenue increased by 21.1% to $1.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 103.4%, from $561.96M to $1.14B. Over 4 years (FY 2021 to FY 2025), Product — Revenue shows a downward trend with a -4.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong market demand for the company's hardware solutions and successful product adoption, while a decrease may signal market saturation or cyclical downturns in the semiconductor or industrial automation sectors.
Detailed definition
This metric represents the total gross revenue generated from the sale of physical hardware units, including semiconduct...
Peer comparison
Comparable to product-based revenue streams in capital equipment manufacturers and semiconductor equipment peers, where hardware cycles drive top-line performance.
ter_segment_product_revenuesHistorical 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 | $951.95M | $825.45M | $758.67M | $625.88M | $697.95M | $676.25M | $591.49M | $473.42M | $540.38M | $551.98M | $530.51M | $458.43M | $596.88M | $612.87M | $626.75M | $561.96M | $522.66M | $632.10M | $943.47M | $1.14B |
| QoQ Change | — | -13.3% | -8.1% | -17.5% | +11.5% | -3.1% | -12.5% | -20.0% | +14.1% | +2.1% | -3.9% | -13.6% | +30.2% | +2.7% | +2.3% | -10.3% | -7.0% | +20.9% | +49.3% | +21.1% |
| YoY Change | — | — | — | — | -26.7% | -18.1% | -22.0% | -24.4% | -22.6% | -18.4% | -10.3% | -3.2% | +10.5% | +11.0% | +18.1% | +22.6% | -12.4% | +3.1% | +50.5% | +103.4% |
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Frequently Asked Questions
- What is Teradyne, Inc.'s product — revenue?
- Teradyne, Inc. (TER) reported product — revenue of $1.14B in Q1 2026.
- How has Teradyne, Inc.'s product — revenue changed year-over-year?
- Teradyne, Inc.'s product — revenue increased by 103.4% year-over-year, from $561.96M to $1.14B.
- What is the long-term trend for Teradyne, Inc.'s product — revenue?
- Over 4 years (2021 to 2025), Teradyne, Inc.'s product — revenue has grown at a -4.5% compound annual growth rate (CAGR), from $3.20B to $2.66B.
- What does product — revenue mean?
- The total amount of money earned from selling physical products and hardware equipment.