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Teradyne, Inc. TER Free cash flow

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Other financials

Income statement

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Revenue$1.3B+87.0%
Gross profit$780.9M+88.0%
Operating income$473.0M+292%
Net income$398.9M+303%
EPS (diluted)$2.53+315%

Balance sheet

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Cash & equivalents$241.9M-49.1%
Total debt$82.4M+19.8%
Total equity$3.1B+12.4%
Total assets$4.4B+19.6%

Cash flow

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Operating cash flow$265.1M+64.0%
CapEx$64.7M+1.1%

Valuation

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Market cap$73.88B+434%
Enterprise value$73.72B+449%
P/E86.5×+62.5×
P/S19.5×+14.7×

Profitability

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Gross margin58.7%-0.7pp
Operating margin26.5%+4.6pp
Net margin22.6%+2.7pp
FCF margin14.6%-6.3pp

Returns & leverage

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Return on equity28.7%+7.2pp
Debt / equity0.0×
Current ratio2.1×-0.6×

Where this comes from

Calculated from Teradyne, Inc.’s reported figures.

The official record: Teradyne, Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.