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Teradyne, Inc. TER Service — Revenue

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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 us-gaap:Revenues.

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 service — revenue?
Teradyne, Inc. (TER) reported service — revenue of $139.52M in Q1 2026.
How has Teradyne, Inc.'s service — revenue changed year-over-year?
Teradyne, Inc.'s service — revenue increased by 12.8% year-over-year, from $123.72M to $139.52M.
What is the long-term trend for Teradyne, Inc.'s service — revenue?
Over 4 years (2021 to 2025), Teradyne, Inc.'s service — revenue has grown at a 1.1% compound annual growth rate (CAGR), from $506.31M to $529.83M.
What does service — revenue mean?
This metric represents the total revenue generated from post-sale support, maintenance contracts, equipment calibration, and technical training services provided to customers. It reflects the recurring nature of the business model and the company's ability to monetize its installed base of testing and automation equipment over the product lifecycle. High service revenue typically indicates strong customer retention and long-term reliance on the company's technical expertise.