Teradyne Quarterly Income Statement
NASDAQ: TERIndustrialsElectrical ProductsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Teradyne revenue and earnings
In the quarter ended Jun 28, 2026, Teradyne generated $1.33 billion in revenue, up 103.9% from the same quarter a year earlier. Net income was $374.5 million (+377.9% year over year), for a net margin of 28.2% versus a median of 15.5% in the prior 5 quarters. Gross margin was 59.8% (up from 57.2%) and operating margin 32.9%.
Diluted earnings per share came in at $2.38, up from $0.49.
Summary generated from market data by MetaCap's automated system. Methodology
Teradyne income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-28 | Q1 20262026-03-29 | Q4 20252025-12-31 | Q3 20252025-09-28 | Q2 20252025-06-29 | Q1 20252025-03-30 | Q4 20242024-12-31 | Q3 20242024-09-29 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-10-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.33B | 1.28B | 1.08B | 769.21M | 651.80M | 685.68M | 752.88M | 737.30M | 729.88M | 599.82M | 670.60M | 703.73M |
| Revenue growth (YoY) | +103.90% | +87.04% | +43.89% | +4.33% | -10.70% | +14.31% | +12.27% | +4.77% | +6.64% | -2.87% | -8.37% | -14.91% |
| Cost of Revenue | 534.37M | 501.55M | 463.65M | 319.90M | 278.79M | 270.34M | 305.60M | 300.78M | 304.04M | 260.54M | 291.06M | 305.44M |
| Gross Profit | 794.62M | 780.95M | 619.69M | 449.31M | 373.01M | 415.34M | 447.29M | 436.51M | 425.84M | 339.28M | 379.54M | 398.29M |
| Operating Expenses | 356.81M | 307.95M | 326.49M | 304.00M | 282.27M | 294.53M | 293.70M | 284.45M | 215.48M | 261.51M | 255.22M | 254.32M |
| Research & Development | 156.28M | 135.56M | 143.26M | 124.76M | 118.38M | 118.19M | 128.39M | 117.47M | 111.82M | 103.20M | 102.21M | 104.41M |
| Selling, General & Admin | 192.52M | 166.74M | 164.69M | 169.14M | 157.78M | 157.26M | 155.74M | 157.65M | 154.47M | 149.19M | 142.34M | 138.33M |
| Operating Income | 437.81M | 473.00M | 293.20M | 145.30M | 90.74M | 120.80M | 153.59M | 152.06M | 210.37M | 77.77M | 124.32M | 143.97M |
| Interest Expense | 2.96M | 3.15M | 3.94M | 1.31M | 805.00K | 795.00K | 589.00K | 808.00K | 1.53M | 661.00K | 812.00K | 963.00K |
| Other Income (Expense) | 5.59M | -6.60M | -2.77M | 915.00K | 2.27M | -6.06M | -313.00K | 2.65M | 3.85M | -12.07M | 7.43M | -5.60M |
| Pretax Income | 443.62M | 465.68M | 289.58M | 148.10M | 96.56M | 119.02M | 157.80M | 158.98M | 219.40M | 72.90M | 139.81M | 144.28M |
| Income Tax | 66.79M | 62.16M | 29.15M | 23.34M | 12.26M | 14.54M | 5.41M | 12.26M | 33.13M | 8.71M | 22.75M | 16.16M |
| Net Income | 374.53M | 398.91M | 257.22M | 119.56M | 78.37M | 98.90M | 146.25M | 145.65M | 186.27M | 64.20M | 117.05M | 128.12M |
| Net Income growth (YoY) | +377.89% | +303.36% | +75.87% | -17.91% | -57.93% | +54.05% | +24.94% | +13.69% | +55.16% | -23.15% | -32.06% | -30.18% |
| EPS (Basic) | 2.39 | 2.55 | 1.63 | 0.75 | 0.49 | 0.61 | 0.92 | 0.89 | 1.18 | 0.42 | 0.76 | 0.83 |
| EPS (Diluted) | 2.38 | 2.53 | 1.62 | 0.75 | 0.49 | 0.61 | 0.89 | 0.89 | 1.14 | 0.40 | 0.72 | 0.78 |
| Shares Outstanding (Basic) | 156.47M | 156.41M | — | 158.59M | 159.97M | 161.50M | — | 163.00M | 157.80M | 153.05M | — | 153.76M |
| Shares Outstanding (Diluted) | 157.69M | 157.64M | — | 159.10M | 160.13M | 162.00M | — | 164.25M | 163.47M | 162.35M | — | 164.05M |
| EBITDA | 471.46M | 505.66M | 328.98M | 175.82M | 122.13M | 151.10M | 184.71M | 182.35M | 240.57M | 105.89M | 147.58M | 167.60M |
| Gross Margin | 59.79% | 60.89% | 57.20% | 58.41% | 57.23% | 60.57% | 59.41% | 59.20% | 58.34% | 56.56% | 56.60% | 56.60% |
| Operating Margin | 32.94% | 36.88% | 27.06% | 18.89% | 13.92% | 17.62% | 20.40% | 20.62% | 28.82% | 12.97% | 18.54% | 20.46% |
| Net Margin | 28.18% | 31.10% | 23.74% | 15.54% | 12.02% | 14.42% | 19.43% | 19.75% | 25.52% | 10.70% | 17.46% | 18.21% |
This table shows 12 quarterly periods of Teradyne's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TER's reporting calendar. What is a income statement?