TERTeradyne

Technology · Test & Measurement · Nasdaq

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

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TER and 9 peers, year by year

The 9 Technology companies closest to TER in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

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Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
TER Teradyne	FY2025	$3.2B	+13.1%	58.2%	20.4%	17.4%	14.1%	19.8%	0.07
FSLR First Solar	FY2025	$5.2B	+24.1%	40.6%	30.6%	29.3%	22.7%	16.0%	0.05
GDDY GoDaddy	FY2025	$5.0B	+8.3%	-	22.8%	17.7%	31.8%	n/m	17.57
GEN Gen Digital	FY2026	$5.0B	+27.1%	78.5%	42.4%	19.5%	30.5%	37.3%	3.14
CRWD CrowdStrike	FY2026	$4.8B	+21.7%	74.7%	−6.1%	−3.4%	27.2%	−3.7%	0.17
Q Qnity Electronics	FY2025	$4.8B	+9.7%	-	-	14.6%	20.8%	9.8%	0.58
MCHP Microchip Technology	FY2026	$4.7B	+7.1%	57.7%	10.4%	4.9%	18.5%	3.6%	0.85
AKAM Akamai Technologies	FY2025	$4.2B	+5.4%	-	13.5%	10.7%	24.0%	9.1%	-
DDOG Datadog	FY2025	$3.4B	+27.7%	80.0%	−1.3%	3.1%	29.2%	2.9%	-
P Everpure	FY2026	$3.7B	+15.6%	70.4%	3.1%	5.1%	16.8%	13.0%	-

Revenuepeer median $4.8B

Sales growthpeer median +15.6%

Gross marginpeer median 72.5%

DDOG 80.0%
GEN 78.5%
CRWD 74.7%
P 70.4%
TER 58.2%
MCHP 57.7%
FSLR 40.6%
GDDY -
Q -
AKAM -

Operating marginpeer median 11.9%

Net marginpeer median 10.7%

FCF marginpeer median 24.0%

Return on equitypeer median 9.4%

Debt / equitypeer median 0.72

GDDY 17.57
GEN 3.14
MCHP 0.85
Q 0.58
CRWD 0.17
TER 0.07
FSLR 0.05
AKAM -
DDOG -
P -

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	$1.8B	$2.1B	$2.1B	$2.3B	$3.1B	$3.7B	$3.2B	$2.7B	$2.8B	$3.2B
FSLR Dec	$2.9B	$2.9B	$2.2B	$3.1B	$2.7B	$2.9B	$2.6B	$3.3B	$4.2B	$5.2B
GDDY Dec	$1.8B	$2.2B	$2.7B	$3.0B	$3.3B	$3.8B	$4.1B	$4.3B	$4.6B	$5.0B
GEN Apr	$3.6B	$4.0B	$2.6B	$2.5B	$2.5B	$2.6B	$2.8B	$3.3B	$3.8B	$3.9B
CRWD Jan	-	-	$118.8M	$249.8M	$481.4M	$874.4M	$2.2B	$3.1B	$4.0B	-
Q Dec	-	-	-	-	-	-	-	$4.0B	$4.3B	$4.8B
MCHP Mar	$2.2B	$3.4B	$4.0B	$5.3B	$5.3B	$5.4B	$6.8B	$8.4B	$7.6B	$4.4B
AKAM Dec	$2.3B	$2.5B	$2.7B	$2.9B	$3.2B	$3.5B	$3.6B	$3.8B	$4.0B	$4.2B
DDOG Dec	-	$100.8M	$198.1M	$362.8M	$603.5M	$1.0B	$1.7B	$2.1B	$2.7B	$3.4B
P Feb	$739.2M	-	$1.0B	$1.4B	$1.6B	$1.7B	$2.2B	$2.8B	$2.8B	$3.2B
Peer median	$2.3B	$2.7B	$2.4B	$2.7B	$2.6B	$2.7B	$2.7B	$3.3B	$4.0B	$4.3B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	+6.9%	+21.9%	−1.7%	+9.2%	+36.0%	+18.6%	−14.8%	−15.2%	+5.4%	+13.1%
FSLR Dec	−29.4%	+1.3%	−23.7%	+36.5%	−11.5%	+7.8%	−10.4%	+26.7%	+26.7%	+24.1%
GDDY Dec	-	+20.8%	+19.2%	+12.3%	+11.0%	+15.0%	+7.2%	+4.0%	+7.5%	+8.3%
GEN Apr	-	+11.6%	+20.3%	−4.0%	+1.4%	+2.4%	+9.6%	+19.4%	+14.6%	+3.6%
CRWD Jan	-	-	-	+110%	+92.7%	+81.6%	+54.4%	+36.3%	+29.4%	-
Q Dec	-	-	-	-	-	-	-	-	+7.4%	+9.7%
MCHP Mar	-	+56.8%	+16.8%	+34.4%	−1.4%	+3.1%	+25.4%	+23.7%	−9.5%	−42.3%
AKAM Dec	+6.5%	+6.0%	+9.1%	+6.6%	+10.5%	+8.2%	+4.5%	+5.4%	+4.7%	+5.4%
DDOG Dec	-	-	+96.6%	+83.2%	+66.3%	+70.5%	+62.8%	+27.1%	+26.1%	+27.7%
P Feb	+65.3%	-	+38.6%	+32.7%	+20.9%	+2.5%	+29.5%	+26.3%	+2.8%	+11.9%
Peer median	+6.5%	+11.6%	+19.2%	+33.5%	+10.8%	+8.0%	+17.5%	+25.0%	+7.5%	+9.0%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	54.7%	57.2%	58.1%	58.4%	57.2%	59.6%	59.2%	57.4%	58.5%	58.2%
FSLR Dec	22.0%	18.7%	17.5%	17.9%	25.1%	25.0%	2.7%	39.2%	44.2%	40.6%
GDDY Dec	-	-	-	-	-	-	-	-	-	-
GEN Apr	82.9%	78.8%	81.9%	81.5%	84.2%	85.8%	85.4%	82.2%	80.8%	80.3%
CRWD Jan	-	-	54.1%	65.1%	70.6%	73.7%	73.2%	75.2%	75.0%	-
Q Dec	-	-	-	-	-	-	-	-	-	-
MCHP Mar	55.5%	51.6%	60.8%	54.8%	61.5%	62.1%	65.2%	67.5%	65.4%	56.1%
AKAM Dec	-	-	-	-	-	-	-	-	-	-
DDOG Dec	-	76.8%	76.5%	75.5%	78.4%	77.2%	79.3%	80.7%	80.8%	80.0%
P Feb	65.9%	-	65.5%	66.4%	69.0%	68.2%	67.5%	68.9%	71.4%	69.8%
Peer median	60.7%	64.2%	63.1%	65.7%	69.8%	71.0%	70.3%	72.0%	73.2%	69.8%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	−3.6%	24.6%	22.6%	24.1%	29.7%	32.4%	26.4%	18.7%	21.1%	20.4%
FSLR Dec	−19.6%	6.0%	1.8%	−5.3%	11.7%	20.1%	−1.0%	25.8%	33.2%	30.6%
GDDY Dec	2.7%	3.0%	5.6%	6.8%	8.2%	10.0%	12.2%	12.9%	19.5%	22.8%
GEN Apr	12.7%	−2.5%	−6.0%	6.4%	14.3%	35.1%	35.9%	36.4%	29.2%	40.9%
CRWD Jan	-	-	−110.7%	−54.8%	−30.3%	−10.6%	−8.5%	−0.6%	−2.9%	-
Q Dec	-	-	-	-	-	-	-	-	-	-
MCHP Mar	16.2%	8.1%	23.5%	13.4%	12.3%	18.4%	27.1%	36.9%	33.7%	6.7%
AKAM Dec	19.9%	12.6%	13.4%	19.0%	20.6%	22.6%	18.7%	16.7%	13.4%	13.5%
DDOG Dec	-	−2.9%	−5.6%	−5.6%	−2.3%	−1.9%	−3.5%	−1.6%	2.0%	−1.3%
P Feb	−29.9%	-	−16.3%	−12.4%	−11.6%	−15.5%	−4.5%	3.0%	1.9%	2.7%
Peer median	7.7%	4.5%	−1.9%	0.6%	10.0%	14.2%	5.6%	14.8%	16.5%	13.5%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	−2.5%	12.1%	21.5%	20.4%	25.1%	27.4%	22.7%	16.8%	19.2%	17.4%
FSLR Dec	−14.3%	−5.6%	6.4%	−3.8%	14.7%	16.0%	−1.7%	25.0%	30.7%	29.3%
GDDY Dec	−0.9%	6.1%	2.9%	4.6%	−14.9%	6.4%	8.6%	32.3%	20.5%	17.7%
GEN Apr	69.1%	−2.6%	44.5%	1.3%	156.1%	21.7%	29.9%	40.2%	16.0%	16.3%
CRWD Jan	-	-	−114.1%	−56.1%	−29.5%	−10.6%	−8.2%	2.4%	−0.4%	-
Q Dec	-	-	-	-	-	-	-	12.6%	16.0%	14.6%
MCHP Mar	14.9%	4.8%	6.4%	6.7%	10.8%	6.4%	18.8%	26.5%	25.0%	0.0%
AKAM Dec	13.7%	8.9%	11.0%	16.5%	17.4%	18.8%	14.5%	14.4%	12.7%	10.7%
DDOG Dec	-	−2.6%	−5.4%	−4.6%	−4.1%	−2.0%	−3.0%	2.3%	6.8%	3.1%
P Feb	−30.0%	-	−15.6%	−13.1%	−12.2%	−16.7%	−6.6%	2.7%	2.2%	3.4%
Peer median	6.4%	1.1%	4.7%	−1.2%	3.4%	6.4%	3.5%	14.4%	16.0%	12.6%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	$369.9M	$521.1M	$362.5M	$444.1M	$684.0M	$965.9M	$414.7M	$425.6M	$474.1M	$450.4M
FSLR Dec	−$22.7M	$826.3M	−$1.1B	−$494.5M	−$379.5M	−$302.7M	−$30.2M	−$784.5M	−$308.1M	$1.2B
GDDY Dec	$325.0M	$392.4M	$472.1M	$635.8M	$698.1M	$778.2M	$920.0M	$1.0B	$1.3B	$1.6B
GEN Apr	$530.0M	−$279.0M	$808.0M	$1.3B	−$950.0M	$700.0M	$968.0M	$751.0M	$2.0B	$1.2B
CRWD Jan	-	-	−$81.7M	−$58.8M	$19.7M	$303.8M	$706.0M	$989.7M	$1.1B	-
Q Dec	-	-	-	-	-	-	-	$651.0M	$861.0M	$988.0M
MCHP Mar	$737.3M	$1.0B	$1.2B	$1.4B	$1.5B	$1.8B	$2.5B	$3.1B	$2.6B	$772.1M
AKAM Dec	$690.9M	$546.8M	$790.7M	$698.6M	$700.7M	$1.1B	$1.0B	$890.5M	$1.1B	$1.0B
DDOG Dec	-	$11.5M	$1.2M	$10.9M	$103.7M	$276.6M	$383.1M	$632.4M	$835.9M	$1.0B
P Feb	−$91.1M	-	$7.7M	$64.2M	$101.7M	$92.7M	$307.8M	$609.1M	$482.6M	$526.9M
Peer median	$427.5M	$469.6M	$239.9M	$350.0M	$102.7M	$501.9M	$813.0M	$751.0M	$1.1B	$1.0B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	21.1%	24.4%	17.3%	19.4%	21.9%	26.1%	13.1%	15.9%	16.8%	14.1%
FSLR Dec	−0.8%	28.1%	−47.5%	−16.1%	−14.0%	−10.4%	−1.2%	−23.6%	−7.3%	22.7%
GDDY Dec	17.6%	17.6%	17.7%	21.3%	21.0%	20.4%	22.5%	23.6%	27.6%	31.8%
GEN Apr	14.7%	−6.9%	31.6%	52.4%	−38.2%	27.4%	34.6%	22.6%	53.8%	30.6%
CRWD Jan	-	-	−68.8%	−23.5%	4.1%	34.7%	31.5%	32.4%	28.5%	-
Q Dec	-	-	-	-	-	-	-	16.1%	19.9%	20.8%
MCHP Mar	33.9%	30.8%	30.5%	27.0%	28.0%	33.5%	36.3%	37.1%	34.2%	17.5%
AKAM Dec	29.5%	21.8%	29.1%	24.1%	21.9%	31.1%	28.6%	23.4%	28.3%	24.0%
DDOG Dec	-	11.4%	0.6%	3.0%	17.2%	26.9%	22.9%	29.7%	31.1%	29.2%
P Feb	−12.3%	-	0.8%	4.7%	6.2%	5.5%	14.1%	22.1%	17.0%	16.6%
Peer median	16.2%	19.7%	9.2%	13.0%	11.7%	27.2%	25.7%	23.4%	28.3%	23.4%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	−2.4%	13.2%	29.7%	31.6%	35.5%	39.6%	29.2%	17.8%	19.2%	19.8%
FSLR Dec	−8.0%	−3.2%	2.8%	−2.3%	7.2%	7.9%	−0.8%	12.4%	16.2%	16.0%
GDDY Dec	−2.9%	28.0%	9.7%	17.7%	n/m	n/m	n/m	n/m	135.4%	n/m
GEN Apr	67.7%	−3.0%	22.7%	0.5%	n/m	n/m	n/m	62.0%	28.4%	28.3%
CRWD Jan	-	-	n/m	n/m	−19.1%	−10.6%	−12.5%	3.1%	−0.5%	-
Q Dec	-	-	-	-	-	-	-	4.5%	6.5%	9.8%
MCHP Mar	n/m	5.0%	7.8%	6.7%	10.2%	6.5%	21.8%	34.4%	28.6%	0.0%
AKAM Dec	9.8%	6.6%	9.3%	13.1%	13.1%	14.4%	12.0%	11.9%	10.4%	9.1%
DDOG Dec	-	n/m	n/m	−2.1%	−2.6%	−2.0%	−3.6%	2.4%	6.8%	2.9%
P Feb	−41.2%	-	−27.8%	−24.2%	−24.2%	−37.6%	−19.0%	7.8%	4.8%	8.2%
Peer median	−2.9%	5.0%	8.6%	0.5%	2.3%	2.3%	−2.2%	9.8%	10.4%	9.1%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	-	-	-	-	-	-	-	-	-	0.07
FSLR Dec	0.04	0.08	0.09	0.09	0.05	0.04	0.03	0.08	0.08	0.05
GDDY Dec	1.85	4.99	3.04	3.10	n/m	n/m	n/m	n/m	5.48	17.57
GEN Apr	0.60	2.35	1.00	0.78	n/m	n/m	n/m	4.54	4.02	3.64
CRWD Jan	-	-	-	-	0.00	0.85	0.51	0.32	0.23	-
Q Dec	-	-	-	-	-	-	-	-	0.00	0.58
MCHP Mar	n/m	0.90	0.94	1.95	1.70	1.67	1.30	0.99	0.90	0.80
AKAM Dec	-	-	-	-	-	-	-	-	-	-
DDOG Dec	-	-	-	-	-	-	-	-	-	-
P Feb	-	-	-	-	0.57	1.01	1.04	0.61	0.08	0.08
Peer median	0.60	1.62	0.97	1.36	0.31	0.93	0.77	0.61	0.23	0.69

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
TER Dec	−$0.21	$1.28	$2.35	$2.60	$4.28	$5.53	$4.22	$2.73	$3.32	$3.47
FSLR Dec	−$4.05	−$1.59	$1.36	−$1.09	$3.73	$4.38	−$0.41	$7.74	$12.02	$14.21
GDDY Dec	−$0.21	-	-	-	-	-	-	$9.08	$6.45	$6.22
GEN Apr	$3.71	−$0.17	$1.70	$0.05	$6.05	$0.92	$1.41	$2.14	$0.95	$1.03
CRWD Jan	-	-	−$3.38	−$3.12	−$0.96	−$0.43	−$0.79	$0.30	−$0.06	-
Q Dec	-	-	-	-	-	-	-	$2.42	$3.31	$3.30
MCHP Mar	$0.74	$0.35	$0.52	$0.71	$1.11	$0.65	$2.27	$4.02	$3.48	−$0.01
AKAM Dec	$1.82	$1.29	$1.76	$2.90	$3.37	$3.93	$3.26	$3.52	$3.27	$3.07
DDOG Dec	-	−$0.04	−$0.15	−$0.12	−$0.08	−$0.07	−$0.16	$0.14	$0.52	$0.31
P Feb	−$1.14	-	−$0.76	−$0.77	−$0.79	−$1.05	−$0.50	$0.23	$0.19	$0.31
Peer median	$0.27	−$0.04	$0.52	−$0.12	$1.11	$0.65	−$0.16	$2.42	$3.27	$2.05

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out TER and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

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