Teradyne, Inc (TER) stock
TERNasdaqInstruments For Meas & Testing of Electricity & Elec SignalsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 27, 2026Last filing: 10-Q on Oct 30, 2026Score 21/306% below fair value
$263.75−2.03 (-0.76%)
Close on Nov 12, 2026Market cap $41.18BP/E 30.3Yield 0.18%
Teradyne operating margin
Operating margin is operating income as a percentage of revenue.
Teradyne's operating margin for the twelve months ending Sep 27, 2026 was 32.1%. For fiscal 2025 it was 20.4%, against 21.1% the year before. The highest annual figure on record is 32.4% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.4% | −0.7 |
| FY2024 | Dec 31, 2024 | 21.1% | +2.3 |
| FY2023 | Dec 31, 2023 | 18.7% | −7.6 |
| FY2022 | Dec 31, 2022 | 26.4% | −6.1 |
| FY2021 | Dec 31, 2021 | 32.4% | +2.7 |
| FY2020 | Dec 31, 2020 | 29.7% | +5.6 |
| FY2019 | Dec 31, 2019 | 24.1% | +1.6 |
| FY2018 | Dec 31, 2018 | 22.6% | −2.0 |
| FY2017 | Dec 31, 2017 | 24.6% | +28.2 |
| FY2016 | Dec 31, 2016 | -3.6% | −18.4 |
| FY2015 | Dec 31, 2015 | 14.8% | +9.0 |
| FY2014 | Dec 31, 2014 | 5.9% | −7.5 |
| FY2013 | Dec 31, 2013 | 13.4% | −4.0 |
| FY2012 | Dec 31, 2012 | 17.3% | +1.1 |
| FY2011 | Dec 31, 2011 | 16.2% | −10.3 |
| FY2010 | Dec 31, 2010 | 26.5% | +42.6 |
| FY2009 | Dec 31, 2009 | -16.1% | +18.3 |
| FY2008 | Dec 31, 2008 | -34.4% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 27, 2026 | 30.8% | +11.9 |
| Q2 FY2026 | Jun 28, 2026 | 32.9% | +19.0 |
| Q1 FY2026 | Mar 29, 2026 | 36.9% | +19.3 |
| Q4 FY2025 | Dec 31, 2025 | 27.1% | +6.7 |
| Q3 FY2025 | Sep 28, 2025 | 18.9% | −1.7 |
| Q2 FY2025 | Jun 29, 2025 | 13.9% | −14.9 |
| Q1 FY2025 | Mar 30, 2025 | 17.6% | +4.7 |
| Q4 FY2024 | Dec 31, 2024 | 20.4% | +1.9 |
| Q3 FY2024 | Sep 29, 2024 | 20.6% | +0.2 |
| Q2 FY2024 | Jun 30, 2024 | 28.8% | +8.4 |
| Q1 FY2024 | Mar 31, 2024 | 13.0% | −2.1 |
| Q4 FY2023 | Dec 31, 2023 | 18.5% | −4.2 |
| Q3 FY2023 | Oct 1, 2023 | 20.5% | −7.5 |
| Q2 FY2023 | Jul 2, 2023 | 20.4% | −9.1 |
| Q1 FY2023 | Apr 2, 2023 | 15.0% | −9.6 |
| Q4 FY2022 | Dec 31, 2022 | 22.8% | −6.2 |
| Q3 FY2022 | Oct 2, 2022 | 28.0% | −5.9 |
| Q2 FY2022 | Jul 3, 2022 | 29.5% | −6.3 |
| Q1 FY2022 | Apr 3, 2022 | 24.6% | −5.2 |
| Q4 FY2021 | Dec 31, 2021 | 29.0% | −1.9 |
| Q3 FY2021 | Oct 3, 2021 | 33.9% | +1.0 |
| Q2 FY2021 | Jul 4, 2021 | 35.8% | +9.8 |
| Q1 FY2021 | Apr 4, 2021 | 29.8% | +0.5 |
| Q4 FY2020 | Dec 31, 2020 | 30.8% | +5.6 |
| Q3 FY2020 | Sep 27, 2020 | 32.9% | +14.1 |
| Q2 FY2020 | Jun 28, 2020 | 26.0% | +4.4 |
| Q1 FY2020 | Mar 29, 2020 | 29.3% | +4.0 |
| Q2 FY2019 | Sep 29, 2019 | 25.2% | +2.4 |
| Q1 FY2019 | Mar 31, 2019 | 18.8% | −1.2 |
| Q4 FY2018 | Dec 31, 2018 | 21.6% | +1.9 |
| Q3 FY2018 | Sep 30, 2018 | 25.3% | −0.3 |
| Q2 FY2018 | Jul 1, 2018 | 22.8% | −7.0 |
| Q1 FY2018 | Apr 1, 2018 | 20.0% | −0.5 |
| Q4 FY2017 | Dec 31, 2017 | 19.7% | +4.2 |
| Q3 FY2017 | Oct 1, 2017 | 25.7% | +11.9 |
| Q2 FY2017 | Jul 2, 2017 | 29.8% | – |
| Q1 FY2017 | Apr 2, 2017 | 20.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 15.6% | – |
| Q3 FY2016 | Oct 2, 2016 | 13.8% | – |
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