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Teradyne, Inc. TER Semiconductor Test — Engineering And Development Expense

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COHUSemiconductor Test Inspection — General And Administrative Expense
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Other financials

Income statement

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Revenue$1.3B+104%
Gross profit$794.6M+113%
Operating income$437.8M+382%
Net income$374.5M+378%
EPS (diluted)$2.38+386%

Balance sheet

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Cash & equivalents$349.5M+3.0%
Total debt$100.1M+34.5%
Total equity$3.4B+21.1%
Total assets$4.9B+30.9%

Cash flow

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Operating cash flow$469.1M+158%
CapEx$90.7M+79.9%
Free cash flow$378.4M+187%

Valuation

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Market cap$59.3B+256%
Enterprise value$59.05B+260%
P/E51.6×+16.1×
P/S13.3×+7.4×

Profitability

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Gross margin59.2%+0.1pp
Operating margin30.2%+11.9pp
Net margin25.8%+9.2pp
FCF margin17.9%-2.2pp

Returns & leverage

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Return on equity36.7%+19.8pp
Debt / equity0.0×
Current ratio2.1×-0.2×

Where this comes from

Reported directly by Teradyne, Inc. in its filing.

Tagged under the XBRL concept ter:EngineeringAndDevelopmentExpense.

The source filing: Teradyne, Inc.’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 2:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-201058
Three months ended March 29, 2026Semiconductor TestRoboticsProduct TestTotal Reportable SegmentsCorporateand EliminationsConsolidated
Revenues$1,110,801$91,258$80,435$1,282,494$1,282,494
Less:
Cost of revenues413,85545,18534,564493,604493,604
Engineering and development93,29612,26214,339119,897119,897
Selling and marketing63,83121,18813,11398,13298,132
General and administrative26,8398,7586,48642,08342,083
Other segment items (1)(2)44,9284,8297,22656,9836,11963,102
Income (loss) before taxes (2)468,052(964)4,707471,795(6,119)465,676

Item 1: Financial Statements

FAQ

What is Teradyne, Inc.'s semiconductor test — engineering and development expense?
Teradyne, Inc. (TER) reported semiconductor test — engineering and development expense of $93.3M in Q1 2026.
How has Teradyne, Inc.'s semiconductor test — engineering and development expense changed year-over-year?
Teradyne, Inc.'s semiconductor test — engineering and development expense increased by 16.3% year-over-year, from $80.21M to $93.3M.
What is the long-term trend for Teradyne, Inc.'s semiconductor test — engineering and development expense?
Over 3 years (2022 to 2025), Teradyne, Inc.'s semiconductor test — engineering and development expense has grown at a 8.1% compound annual growth rate (CAGR), from $272.3M to $344.11M.
What does semiconductor test — engineering and development expense mean?
This metric tracks the investment in research, design, and engineering activities specifically dedicated to the semiconductor test segment. It reflects the company's commitment to innovation and maintaining a competitive edge in testing technology.

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