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

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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%
Free cash flow$200.4M+105%

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

Reported directly by Teradyne, Inc. in its filing.

Tagged under the XBRL concept ter:EngineeringAndDevelopmentExpense.

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 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.