Teradyne profit margin TER
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 25.8%
- Operating margin, 12 months
- 30.2%
- Net margin on a year earlier
- +9.2 pts
- Peer median
- 18.2%
Over the twelve months to Jun 28, 2026, Teradyne kept 25.8% of its revenue as net profit, with an operating margin of 30.2% and a gross margin of 59.2%.
Five years earlier its net margin was 27.7%.
The median for 10 semiconductor stocks of a similar size is 18.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 17.4% | 20.4% | 58.2% |
| FY2024 | 19.2% | 21.1% | 58.5% |
| FY2023 | 16.8% | 18.7% | 57.4% |
| FY2022 | 22.7% | 26.4% | 59.2% |
| FY2021 | 27.4% | 32.4% | 59.6% |
| FY2020 | 25.1% | 29.7% | 57.2% |
| FY2019 | 20.4% | 24.1% | 58.4% |
| FY2018 | 21.5% | 22.6% | 58.1% |
| FY2017 | 12.1% | 24.6% | 57.2% |
| FY2016 | −2.5% | −3.4% | 54.7% |
| FY2015 | 12.6% | 14.8% | 55.8% |
| FY2014 | 4.9% | 5.9% | 53.3% |
| FY2013 | 11.6% | 13.4% | 56.6% |
| FY2012 | 13.1% | 17.3% | 53.5% |
| FY2011 | 25.9% | 16.2% | 49.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 25.8% | +9.2 pts | 30.2% | |
| Q1 FY26 | 22.6% | +2.7 pts | 26.5% | |
| Q4 FY25 | 17.4% | −1.9 pts | 20.4% | |
| Q3 FY25 | 15.5% | −3.3 pts | 17.9% | |
| Q2 FY25 | 16.6% | −1.7 pts | 18.3% | |
| Q1 FY25 | 19.9% | +3.7 pts | 21.9% | |
| Q4 FY24 | 19.2% | +2.5 pts | 21.1% | |
| Q3 FY24 | 18.7% | +0.3 pts | 20.6% | |
| Q2 FY24 | 18.3% | −1.2 pts | 20.6% | |
| Q1 FY24 | 16.2% | −5.0 pts | 18.3% | |
| Q4 FY23 | 16.8% | −5.9 pts | 18.7% | |
| Q3 FY23 | 18.4% | −4.8 pts | 19.8% |
Against its peers
Companies in Semiconductors nearest Teradyne's size, closest first, today.
| Company | Profit margin |
|---|---|
| TERTeradyne | 25.8% |
| ALABAstera Labs | 30.7% |
| MPWRMonolithic Power Systems | 24.5% |
| MCHPMicrochip Technology | 9.3% |
| NXPINXP Semiconductors | 22.6% |
| TELTE Connectivity | 15.6% |
| ONON Semiconductor | 10.2% |
| CRDOCredo Technology | 33.8% |
| QQnity Electronics | 11.2% |
| ENTGEntegris | 9.2% |
| MTSIMACOM Technology Solutions | 20.7% |
| Peer median | 18.2% |
Where Teradyne ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Teradyne
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.