TERTeradyne
Teradyne, Inc. (“Teradyne”) was founded in 1960 and is a leading global provider of automated test equipment and robotics solutions. 10-K, Item 1
- Employees
- 6,600
- Headquarters
- North Reading, MA
- CEO
- Gregory Stephen Smith
- Next results
- around Feb 2, 2027
What changed
10-K filed Feb 19, 2026 against Feb 20, 2025| Area | What changed | Source |
|---|---|---|
| Risk factors | 13 new paragraphs, nothing like them in the previous 10-K | 10-K Item 1A |
| Receivables growing faster than revenue | Receivables +66.9% vs revenue +13.1% (+53.8 pts) | 10-K · XBRL |
| Inventory growing faster than revenue | Inventory +27.2% vs revenue +13.1% (+14.0 pts) | 10-K · XBRL |
| Critical audit matters changed | New this year: Annual Goodwill Impairment Assessment - Robotics Reporting Unit (“As described in Notes B and N to the consolidated financial statements, the Company’s goodwill balance was $521.0 million as of December 31, 2025, and the goodwill associated with the Robotics reporting unit was $416.4 million. Management assesses goodwill for impairment at least annually in the fou”). Same as last year: Revenue Recognition - Certain Products Revenue | 10-K · XBRL |
| Accounting checks | 8 other checks clear, 3 worth a look | 10-K · XBRL |
| Insiders | No open-market buys in the last 90 days | Form 4 |
| Filings | 2 in the last 30 days | EDGAR |
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
What's new, in their words
10-K filed Feb 19, 2026Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-20. Quoted as filed.
In 2025, we had two customers who specified greater than 10% of our consolidated revenues and one additional customer who directly purchased more than 10% of our consolidated revenues. The two specifying customers drove 12% and 10% of consolidated revenues. The additional direct customer accounted for 19% of consolidated revenues…
10-K, Item 1A
Accounting checks
latest 10-K8 of 11 clear 3 worth a look. Checks, not verdicts.
- !Receivables growing faster than revenueReceivables +66.9% vs revenue +13.1% (+53.8 pts)
- !Inventory growing faster than revenueInventory +27.2% vs revenue +13.1% (+14.0 pts)
- !Critical audit matters changedNew this year: Annual Goodwill Impairment Assessment - Robotics Reporting Unit (“As described in Notes B and N to the consolidated financial statements, the Company’s goodwill balance was $521.0 million as of December 31, 2025, and the goodwill associated with the Robotics reporting unit was $416.4 million. Management assesses goodwill for impairment at least annually in the fou”). Same as last year: Revenue Recognition - Certain Products Revenue
- ✓Cash from operations $674.4M vs net income $554.0M (FY ending 2025-12-31)
- ✓Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
- ✓No statement of substantial doubt about going concern
- ✓No 8-K item 4.02 in the last 2 years
- ✓No NT 10-K or NT 10-Q in the last 2 years
- ✓No sentence in the 10-K concludes that controls were not effective because of a material weakness
- ✓No 8-K item 2.06 in the last 2 years
- ✓No 8-K item 1.03 in the last 2 years
In the last 30 days
All filings →- Oct 30, 202610-Q Quarterly report (10-Q) period ended Sep 27, 2026
- Oct 28, 20268-K Quarterly results 8-K item 2.02
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