Teradyne Inc
NASDAQ:TER

Watchlist Manager
Teradyne Inc Logo
Teradyne Inc
NASDAQ:TER
Watchlist
Price: 202.99 USD 1.11% Market Closed
Market Cap: 31.8B USD

Teradyne Inc
Investor Relations

Founded in 1960, Teradyne Inc. emerged from a humble beginning with an ambitious vision to revolutionize the testing equipment industry. The company found its niche in manufacturing automatic test equipment, a crucial component for the electronics and semiconductor industry. It thrived by creating sophisticated systems designed to test semiconductors, wireless products, and other electronic devices, ensuring quality and performance in an industry where precision is critical. With Boston as its headquarters, Teradyne leveraged the burgeoning technological climate to expand its capabilities, evolving in step with rapid advancements in electronics and providing essential quality assurance tools.

As technology evolved, so too did Teradyne, venturing into the realm of industrial automation. Acquiring companies like Universal Robots and Mobile Industrial Robots, Teradyne diversified its portfolio significantly. This strategic shift enabled it to tap into the robotic automation market, particularly in collaborative robots ("cobots") designed to work alongside humans in manufacturing and distribution settings. By marrying their traditional strengths in test equipment with cutting-edge robotic automation, Teradyne now profits from both testing and automation solutions, establishing itself as a key player in industries that hinge on innovation, reliability, and the seamless integration of technology into manufacturing processes.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 29, 2025
AI Summary
Q3 2025

Strong Q3 Results: Teradyne reported Q3 revenue of $769 million and EPS of $0.85, both near the high end of guidance, driven by AI demand in semiconductor testing.

AI-Driven Growth: Robust AI-related demand, especially for compute and memory testing, fueled sequential revenue growth of 18% and a 49% increase in EPS.

Q4 Guidance Raised: Q4 sales are expected between $920 million and $1 billion, significantly above prior consensus, with AI projects accelerating into Q4.

Margins and OpEx: Q3 gross margin was 58.5%, above guidance, but Q4 gross margin is guided slightly lower (57–58%) due to one-time supply costs and factory expansion.

Robotics Recovery: Robotics revenue has started to recover from its Q1 trough, but growth remains slow and visibility is limited.

CFO Transition: Michelle Turner will become CFO in November, succeeding Sanjay Mehta, who will stay on as an advisor.

2026 Outlook: Management expects continued strong AI demand and overall growth in 2026, with compute and memory as primary growth drivers.

Key Financials
Revenue
$769 million
EPS
$0.85
Gross Margin
58.5%
Operating Profit
20.4%
Operating Expenses
$293 million
Free Cash Flow
$2 million
CapEx
$47 million
Cash and Marketable Securities
$427 million
Share Repurchases
$244 million
Dividends Paid
$19 million
Semi Test Revenue
$606 million
SOC Revenue
$440 million
Memory Revenue
$128 million
IST Revenue
$38 million
Product Test Revenue
$88 million
Robotics Revenue
$75 million
UR Revenue
$62 million
MiR Revenue
$13 million
Tax Rate
16%
Non-GAAP EPS Guidance
$1.20 to $1.46
GAAP EPS Guidance
$1.12 to $1.39
Earnings Call Recording
Other Earnings Calls

Management

Mr. Gregory S. Smith
President, CEO & Director
No Bio Available
Mr. Sanjay Mehta
CFO, VP & Treasurer
No Bio Available
Mr. Richard J. Burns
President of Semiconductor Test Division
No Bio Available
Mr. Ujjwal Kumar
Group President of Teradyne Robotics
No Bio Available
Ms. Shannon Gath
VP & Chief Information Officer
No Bio Available
Mr. Ryan E. Driscoll
Vice President, General Counsel & Secretary
No Bio Available
Mr. Timothy F. Moriarty
Vice President of Corporate Development
No Bio Available
Mr. Jim Mahon
VP & Chief Human Resources Officer
No Bio Available
Mr. Kim Povlsen
President of Universal Robots
No Bio Available
Mr. Jean-Pierre Hathout
President of Mobile Industrial Robots
No Bio Available

Contacts

Address
MASSACHUSETTS
North Reading
600 Riverpark Dr
Contacts
+19783702700.0
www.teradyne.com