Teradyne TER
- Market cap
- $48.3B
- PE
- 42.4×
- 9y median 28.4×
- Forward PE
- 31.3×
- 10y median 23.8×
- Price to sales
- 10.8×
- EV/EBIT
- 35.6×
- Revenue, 12 months
- $4.5B
- +58% on a year ago
- Net margin
- 25.8%
- Free cash flow yield
- 1.7%
Teradyne trades at 42.4× trailing earnings, pricier than 83% of the last ten years. Revenue was $4.5B over the last twelve months, up 58% on a year earlier with a 26% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $703.7M−15% | $670.6M−8% | $599.8M−3% | $729.9M+7% | $737.3M+5% | $752.9M+12% | $685.7M+14% | $651.8M−11% | $769.2M+4% | $1.1B+44% | $1.3B+87% | $1.3B+104% | |
| Cost of revenue | $305.4M−11% | $291.1M−7% | $260.5M−0% | $304M+8% | $300.8M−2% | $305.6M+5% | $270.3M+4% | $278.8M−8% | $319.9M+6% | $463.6M+52% | $501.5M+86% | $534.4M+92% |
| Gross profit | $398.3M−18% | $379.5M−10% | $339.3M−5% | $425.8M+6% | $436.5M+10% | $447.3M+18% | $415.3M+22% | $373M−12% | $449.3M+3% | $619.7M+39% | $780.9M+88% | $794.6M+113% |
| R&D | $104.4M−7% | $102.2M−6% | $103.2M−2% | $111.8M+6% | $117.5M+13% | $128.4M+26% | $118.2M+15% | $118.4M+6% | $124.8M+6% | $143.3M+12% | $135.6M+15% | $156.3M+32% |
| SG&A | $138.3M+2% | $142.3M−0% | $149.2M−1% | $154.5M+6% | $157.6M+14% | $155.7M+9% | $157.3M+5% | $157.8M+2% | $169.1M+7% | $164.7M+6% | $166.7M+6% | $192.5M+22% |
| $144M−38% | $124.3M−25% | $77.8M−16% | $210.4M+50% | $152.1M+6% | $153.6M+24% | $120.8M+55% | $90.7M−57% | $145.3M−4% | $293.2M+91% | $473M+292% | $437.8M+383% | |
| Interest expense | $963K+24% | $812K−20% | $661K−33% | $1.5M+46% | $808K−16% | $589K−28% | $795K+20% | $805K−47% | $1.3M+62% | $3.9M+568% | $3.2M+296% | $3M+268% |
| Pre-tax income | $144.3M−36% | $139.8M−28% | $72.9M−25% | $219.4M+52% | $159M+10% | $157.8M+13% | $119M+63% | $96.6M−56% | $148.1M−7% | $289.6M+84% | $465.7M+291% | $443.6M+359% |
| $16.2M−62% | $22.8M−1% | $8.7M−36% | $33.1M+36% | $12.3M−24% | $5.4M−76% | $14.5M+67% | $12.3M−63% | $23.3M+90% | $29.2M+439% | $62.2M+327% | $66.8M+445% | |
| Net income | $128.1M−30% | $117.1M−32% | $64.2M−23% | $186.3M+55% | $145.6M+14% | $146.3M+25% | $98.9M+54% | $78.4M−58% | $119.6M−18% | $257.2M+76% | $398.9M+303% | $374.5M+378% |
| $0.78−29% | $0.72−31% | $0.40−20% | $1.14+56% | $0.89+14% | $0.90+25% | $0.61+53% | $0.49−57% | $0.75−16% | $1.63+81% | $2.53+315% | $2.38+386% | |
| 164.1M−2% | 162.1M−2% | 162.3M−2% | 163.5M−1% | 164.3M+0% | 163.2M+1% | 162M−0% | 160.1M−2% | 159.1M−3% | 157.7M−3% | 157.6M−3% | 157.7M−2% |
EPS, diluted: 7 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 13 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. 4 periods, Q4 FY12 to Q4 FY17: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $1.3B | $1.2B to $1.3B | $2.08 | $2.03 to $2.15 | 11 |
| Q4 FY26 | $1.3B | $1.3B to $1.3B | $2.10 | $1.97 to $2.21 | 10 |
| Q1 FY27 | $1.4B | $1.4B to $1.5B | $2.60 | $2.50 to $2.73 | 6 |
| Q2 FY27 | $1.6B | $1.5B to $1.6B | $3.02 | $2.90 to $3.17 | 6 |
| Q3 FY27 | $1.6B | $1.5B to $1.7B | $3.08 | $2.96 to $3.23 | 6 |
| Q4 FY27 | $1.5B | $1.5B to $1.6B | $2.99 | $2.87 to $3.13 | 6 |
| Q1 FY28 | $1.6B | $1.6B to $1.7B | $3.04 | $2.92 to $3.19 | 7 |
| Q2 FY28 | $1.9B | $1.8B to $1.9B | $3.70 | $3.55 to $3.88 | 7 |
Peers
Companies in Semiconductors nearest Teradyne's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| TERTeradyne | $48.3B | 42.4× | 28.4× | 31.3× | 10.8× | +58% | 25.8% |
| ALABAstera Labs | $44.6B | 127× | 173× | 45.4× | 37.1× | +98% | 30.7% |
| MPWRMonolithic Power Systems | $56B | 69.8× | 74.4× | 35.1× | 17.1× | +29% | 24.5% |
| MCHPMicrochip Technology | $40.2B | 111× | 58.2× | 18.8× | 7.8× | +21% | 9.3% |
| NXPINXP Semiconductors | $59.2B | 20.0× | 22.5× | 14.1× | 4.5× | +9% | 22.6% |
| TELTE Connectivity | $60.2B | 20.4× | 19.1× | 16.5× | 3.1× | +17% | 15.6% |
| ONON Semiconductor | $28.1B | 46.3× | 23.4× | 18.7× | 4.5× | −3% | 10.2% |
| CRDOCredo Technology | $27.7B | 52.4× | 110× | 20.2× | 17.4× | +165% | 33.8% |
| QQnity Electronics | $23B | 39.4× | 45.0× | 22.5× | 4.4× | +15% | 11.2% |
| ENTGEntegris | $20.6B | 67.6× | 42.9× | 30.0× | 6.2× | +3% | 9.2% |
| MTSIMACOM Technology Solutions | $18B | 75.5× | 83.2× | 28.6× | 15.5× | +28% | 20.7% |
| Peer median | $34.2B | 60.0× | 51.6× | 21.4× | 7.0× | +19% | 18.2% |
Investors who own it
Investors we follow who held Teradyne at the end of Jun 30, 2026, from their 13F filings.
- Stephen MandelLone Pine Capital4.4% of portfoliotrimmed
- Cathie WoodARK Investment Management2.0% of portfoliotrimmed
- Lee AinslieMaverick Capital0.0% of portfolionew
- Baillie GiffordBaillie Gifford0.0% of portfolioadded
More on Teradyne
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #3of 37Semiconductor stocks with the fastest earnings growth
- #10of 74Semiconductor stocks with the fastest revenue growth
Its groups
About
- Industry
- Semiconductors
- Sector
- Technology
Valuation data, not investment advice. Prices as of .