Teradyne, Inc (TER) company profile
Close on Nov 13, 2026Market cap $38.96BP/E 28.7Yield 0.19%
About Teradyne
Instruments For Meas & Testing of Electricity & Elec Signals, SIC 3825
The company provides automated test equipment and robotics solutions across several operational segments, including Semiconductor Test, Robotics, and Product Test. Within semiconductor testing, its offerings include test systems and solutions for system-on-a-chip (SoC) devices, memory products, multi-lane testing, and device interface solutions. Through its robotics business, including Universal Robots, the enterprise supplies collaborative robotic systems and automated technologies. Its customer base consists of commercial clients and enterprise accounts that purchase or lease test equipment and associated development services.
Headquartered in Massachusetts, United States, the business operates across global regions encompassing the Americas, Europe (EMEA), and Asia-Pacific. Its stated geographic footprint spans multiple countries including the United States, Denmark, Singapore, China, Taiwan, South Korea, Japan, Malaysia, Thailand, and the Philippines.
Summary of the business section of Teradyne's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Teradyne, Inc
- Founded
- 1960
- Headquarters
- North Reading, MA
- Address
- 600 Riverpark Drive 01864
- Phone
- (978) 370-2700
- Website
- www.teradyne.com
- Employees
- 6,600, Dec 31, 2025
- Industry
- Instruments For Meas & Testing of Electricity & Elec Signals
- Incorporated in
- Massachusetts
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- TER
- Exchange
- Nasdaq
- Shares outstanding
- 156M, Oct 26, 2026
- Public float
- $12.70B, Jun 29, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Sep 1, 1999; 2-for-1, Aug 30, 1995; 2-for-1, Aug 1, 1983; 2-for-1, Oct 25, 1982
- SEC CIK
- 97210
- CUSIP
- 880770102
- ISIN
- US8807701029
- FIGI
- BBG000BV4DR6
- Share class FIGI
- BBG001S5WMZ3
- LEI
- C3X4YJ278QNZHRJULN75
- EIN
- 04-2272148
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Gregory Stephen Smith | President and CEO, Director | 104,495 |
| Michelle L. Turner | Chief Financial Officer | 10,442 |
| Jean Pierre Hathout | President, Teradyne Robotics | 9,733 |
| Shannon John Poulin | President, Semiconductor Test | 15,722 |
| Ryan Driscoll | VP, General Counsel, Secretary | 7,665 |
| Regan Mills | President, Product Test | 11,399 |
| Ujjwal Kumar | President, Teradyne Robotics | 16,369 |
| Sanjay Mehta | VP and Chief Financial Officer | 36,576 |
| Richard John Burns | President, Semiconductor Test | 25,191 |
| John Francis Wood | President, System Test Group | 14,137 |
| John Lukez | President, LitePoint Corp. | 4,185 |
| Mercedes Johnson | Director | 7,907 |
| Marilyn Matz | Director | 12,641 |
| Andrew Chisholm Henry | Director | 2,991 |
| Ernest E. Maddock | Director | 10,269 |
| Peter Herweck | Director | 16,282 |
| Paul J. Tufano | Director | 66,008 |
| Necip Sayiner | Director | 2,800 |
| Kralingen Bridget A. van | Director | 6,224 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Gregory SSmith | $14.11M | $41.14M | $4.89M | $165 | $259 |
| FY2025 Mark EJagiela | $0 | $0 | $4.89M | $165 | $259 |
| FY2024 Gregory SSmith | $11.76M | $17.08M | $2.94M | $189 | $247 |
| FY2024 Mark EJagiela | $0 | $0 | $2.94M | $189 | $247 |
| FY2023 Gregory SSmith | $10.11M | $10.53M | $3.18M | $162 | $257 |
| FY2023 Mark EJagiela | $6.26M | $3.23M | $3.18M | $162 | $257 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|---|
| Gregory S. Smith President and Chief Executive Officer | $959.46K | – | $10.19M | $1.03M | $1.91M | $14.00K | $14.11M | +20% |
| Sanjay Mehta Vice President, Chief Financial Officer & Treasurer | $626.58K | – | $3.35M | $340.01K | $1.01M | $48.04K | $5.38M | +12% |
| Michelle Turner Vice President, Chief Financial Officer & Treasurer | $118.15K | $200.00K | $7.94M | $680.02K | $169.09K | $210.48K | $9.32M | – |
| Ryan Driscoll Vice President, General Counsel and Secretary | $457.46K | – | $1.18M | $120.02K | $637.47K | $14.00K | $2.41M | +44% |
| Shannon Poulin President, Semiconductor Test | $526.57K | $1.00M | $3.09M | $350.01K | $814.30K | $261.32K | $6.04M | – |
| Regan Mills President, Product Test | $305.95K | – | $550.07K | – | $422.98K | $24.51K | $1.30M | – |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 6,600 employees, of whom approximately 2,200 were employed in the United States.”
Corporate history
Events identified from SEC filings
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