Direct Answer
Teradyne reported revenue of $3.2 billion for the fiscal year ended December 31, 2025, with an operating margin of 20.4% and net income of $554 million, according to its SEC filings. Revenue grew 13.1% from the prior year.
What Are Teradyne's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $3.2 billion | $2.8 billion | $2.7 billion | $3.2 billion |
| Operating income | $650 million | $594 million | $501 million | $832 million |
| Operating margin | 20.4% | 21.1% | 18.7% | 26.4% |
| Net income | $554 million | $542 million | $449 million | $716 million |
| Net margin | 17.4% | 19.2% | 16.8% | 22.7% |
| Operating cash flow | $674 million | $672 million | $585 million | $578 million |
| Capital expenditures | $224 million | $198 million | $160 million | $163 million |
| Free cash flow | $450 million | $474 million | $426 million | $415 million |
Operating margin narrowed by 0.7 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $450 million against net income of $554 million; cash generation fell short of reported earnings, which is worth reconciling in the cash flow statement.
What Does Teradyne's Balance Sheet Show?
| Cash and cash equivalents | $294 million |
|---|---|
| Long-term debt | Not reported |
| Total assets | $4.2 billion |
| Total liabilities | $1.4 billion |
| Shareholders' equity | $2.8 billion |
| Current ratio | 1.7x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Teradyne reported in its own SEC filings, read from the SEC's XBRL data (accession 0001193125-26-059002 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Teradyne's revenue in fiscal 2025?
Teradyne reported revenue of $3.2 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Teradyne's operating margin?
Teradyne's operating margin was 20.4% in fiscal 2025: operating income of $650 million on revenue of $3.2 billion.
How much free cash flow did Teradyne generate?
Operating cash flow of $674 million less capital expenditures of $224 million gives free cash flow of $450 million for fiscal 2025.