Teradyne Past Earnings Performance

Past criteria checks 5/6

Teradyne's earnings have been declining at an average annual rate of -8.4%, while the Semiconductor industry saw earnings declining at 0.8% annually. Revenues have been declining at an average rate of 1% per year. Teradyne's return on equity is 33.1%, and it has net margins of 25.8%.

Key information

-8.38%

Earnings growth rate

-7.31%

EPS growth rate

Semiconductor Industry Growth	23.83%
Revenue growth rate	-0.98%
Return on equity	33.13%
Net Margin	25.77%
Last Earnings Update	28 Jun 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Teradyne makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:TER23 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
28 Jun 26	4,464	1,150	696	560
29 Mar 26	3,787	854	661	522
31 Dec 25	3,190	554	651	505
28 Sep 25	2,860	443	640	490
29 Jun 25	2,828	469	627	482
30 Mar 25	2,906	577	624	476
31 Dec 24	2,820	542	616	461
29 Sep 24	2,738	513	605	435
30 Jun 24	2,704	496	590	422
31 Mar 24	2,659	429	581	416
31 Dec 23	2,676	449	583	418
01 Oct 23	2,738	504	560	425
02 Jul 23	2,861	559	553	432
02 Apr 23	3,017	637	547	438
31 Dec 22	3,155	716	536	441
02 Oct 22	3,308	767	557	442
03 Jul 22	3,432	840	556	437
03 Apr 22	3,677	971	557	435
31 Dec 21	3,703	1,015	547	428
03 Oct 21	3,577	987	536	418
04 Jul 21	3,446	953	521	406
04 Apr 21	3,199	813	494	390
31 Dec 20	3,121	784	476	375
27 Sep 20	3,017	713	471	361
28 Jun 20	2,780	626	460	344
29 Mar 20	2,505	535	456	331
31 Dec 19	2,295	467	446	323
29 Sep 19	2,160	486	417	311
30 Jun 19	2,145	470	409	310
31 Mar 19	2,107	474	399	304
31 Dec 18	2,101	452	388	302
30 Sep 18	2,061	202	393	279
01 Jul 18	1,997	186	377	279
01 Apr 18	2,167	259	368	286
31 Dec 17	2,137	258	344	307
01 Oct 17	2,037	430	355	286
02 Jul 17	1,944	390	349	281
02 Apr 17	1,779	-8	340	274
31 Dec 16	1,753	-43	332	273
02 Oct 16	1,692	-110	335	276
03 Jul 16	1,747	-103	334	279
03 Apr 16	1,728	224	329	278
31 Dec 15	1,640	206	323	276
04 Oct 15	1,644	103	318	300

Quality Earnings: TER23 has high quality earnings.

Growing Profit Margin: TER23's current net profit margins (25.8%) are higher than last year (16.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TER23's earnings have declined by 8.4% per year over the past 5 years.

Accelerating Growth: TER23's earnings growth over the past year (144.5%) exceeds its 5-year average (-8.4% per year).

Earnings vs Industry: TER23 earnings growth over the past year (144.5%) exceeded the Semiconductor industry 38.5%.

Return on Equity

High ROE: TER23's Return on Equity (33.1%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/14 10:57
End of Day Share Price	2026/09/11 00:00
Earnings	2026/06/28
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Teradyne, Inc. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Steven Liu	Aletheia Analyst Network Limited
Robert Mason	Baird
Quinn Fredrickson	Baird