Teradyne's Income Statement Analysis: Revenue to Profit Breakdown
Teradyne's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$3.70 B | $3.16 B | $2.68 B | $2.82 B | $3.19 B | $4.46 B |
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Cost of Revenue Direct cost of goods/services. |
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$1.50 B | $1.29 B | $1.14 B | $1.17 B | $1.32 B | $1.82 B |
Gross Profit Revenue minus cost of revenue. |
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$2.21 B | $1.87 B | $1.54 B | $1.65 B | $1.87 B | $2.65 B |
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Operating Expense
Costs to run business. |
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$1.01 B | $1.04 B | $1.04 B | $1.06 B | $1.17 B | $1.28 B |
Research and Development Investment in innovation. |
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$427.61 M | $440.59 M | $418.09 M | $460.88 M | $504.60 M | $559.87 M |
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Sales, General and Administrative
Selling and admin costs. |
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$547.56 M | $558.10 M | $577.32 M | $617.05 M | $644.07 M | $691.19 M |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | - |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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$30.77 M | $36.52 M | $40.28 M | -$22.78 M | $25.78 M | $30.36 M |
Operating Income Profit from operations. |
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$1.20 B | $831.94 M | $501.07 M | $593.79 M | $693.41 M | $1.37 B |
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Net Interest Income
Interest income minus expense. |
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-$15.19 M | $2.66 M | $23.54 M | $21.19 M | $10.83 M | $5.26 M |
Interest Income Income from investments. |
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$2.63 M | $6.38 M | $27.35 M | $24.77 M | $18.85 M | $18.11 M |
Interest Expense Cost of borrowing. |
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$17.82 M | $3.72 M | $3.81 M | $3.59 M | $8.02 M | $12.85 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$21.95 M | -$12.17 M | -$28.31 M | -$18.89 M | $52.04 M | $13.98 M |
Total Other Income (Net) Net non-operating items. |
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-$39.77 M | $8.45 M | $24.50 M | $8.09 M | -$60.06 M | -$27.73 M |
Income Before Tax Profit before taxes. |
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$1.16 B | $840.39 M | $525.57 M | $601.88 M | $633.35 M | $1.34 B |
Income Tax Expense Taxes on income. |
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$146.37 M | $124.88 M | $76.82 M | $59.50 M | $79.30 M | $183.39 M |
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Net Income
Final profit. |
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$1.01 B | $715.50 M | $448.75 M | $542.37 M | $554.05 M | $1.15 B |
Net Income From Continuing Operations Profit from core business. |
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$1.01 B | $715.50 M | $448.75 M | $542.37 M | $554.05 M | $1.16 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | -$4.61 M |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$6.15 | $4.52 | $2.91 | $3.41 | $3.49 | $7.33 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$5.53 | $4.22 | $2.73 | $3.32 | $3.48 | $7.29 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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164.96 M | 158.43 M | 154.31 M | 159.08 M | 156.41 M | 156.44 M |
Diluted Average Shares Outst. Shares including dilution. |
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183.63 M | 169.73 M | 164.30 M | 163.31 M | 157.65 M | 157.66 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$1.18 B | $844.10 M | $529.38 M | $612.67 M | $641.37 M | $1.35 B |
EBITDA Earnings before interest, tax, D&A. |
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$1.30 B | $954.78 M | $640.26 M | $732.41 M | $768.08 M | $1.45 B |
Depreciation and Amortization Non-cash expense for assets. |
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$125.49 M | $110.68 M | $110.89 M | $119.74 M | $126.72 M | $101.42 M |
| Company Report |
Teradyne's Assets vs Liabilities & Equity
Teradyne's Assets vs Liabilities & Equity
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Data sources and methodology
| Last updated | Jun 28, 2026 |
| Latest financial periods ended |
Quarterly: Q2 FY2026 (June 28, 2026) Annual: FY 2025 (December 31, 2025) |
| Data provided by | Financial Modeling Prep |
| Original source | Company Forms 10-Q and 10-K filed with the SEC |
| Methodology | Company-reported financial statements and calculated financial ratios |
| Limitations | Historical values may change because of company restatements, reclassifications, or provider updates |
| Links | View source filings |




