Company Analysis

Teradyne, Inc. (TER)

Nasdaq: TER · Instruments For Meas & Testing of Electricity & Elec Signals · North Reading, MA · filing with the SEC since 1994
Grade6.4
◀ Past 5.9● Present 6.7▶ Future 6.4

The grade of Teradyne, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past5.930% of the headline
● Present6.740% of the headline
▶ Future6.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.0/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2018-11-14.

weight 33% of this tense · 40th percentile among 10 sector filers · read for itself

From the record

Teradyne, Inc.'s filings since 2017 show 1 warning event: a notice about its exchange listing (8-K item 3.01, the latest 2018-11-14) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.9/10

What has it actually done, year after year?

+6.9% a year over 10 filed years; profitable in 9 of 10.

weight 45% of this tense · 59th percentile among 10 sector filers · read for its customers

From the record

Teradyne, Inc.'s 10 filed years say what it did: revenue went from $1.8 billion in fiscal 2016 to $3.2 billion in fiscal 2025, up 6.9% a year; it rose in 6 of 9 years; the deepest fall was 28% from fiscal 2021 to fiscal 2023; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.9%top 45% of its family
  • the share of years revenue rosetop 40% of its family
  • the share of filed years with a profittop 35% of its family
  • the deepest fall from a revenue peak27.7%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.9/10

How has it treated the people who own it?

Share count shrank 2.0% a year. 79% of cash flow returned. Insiders: 34 sales, 0 purchases.

weight 22% of this tense · 89th percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Teradyne, Inc.'s diluted share count shrank about 2.0% a year, and dividends and buybacks returned about 79% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 34 sales (33 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-05 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 5% of its family
  • cash returned against operating cash flowtop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.7/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
8.2/10

Is it financially healthy right now?

ROE 20%: 20¢ of profit per shareholder dollar. Leverage 33%: owes 33¢ per asset dollar.

weight 45% of this tense · 82nd percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Teradyne, Inc. earned about 20 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 44 cents per dollar of everything the company owns. Leverage: it owed about 33 cents per dollar of assets, and net share issuance: its share count shrank 2.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 35% of its family
  • return on equitytop 15% of its family
  • gross profit against assetstop 17% of its family
  • the share count against the year beforetop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.5/10

How strong is its position in its industry?

top 25% of 10 in its family; net margin 17.4%.

weight 33% of this tense · 75th percentile among 10 sector filers · read for its customers

From the record

Teradyne, Inc.'s standing among 10 graded names in its industry family: revenue of $3.2 billion in fiscal 2025 ranks in the top 15% by size; a net margin of 17.4% ranks in the top 5%; revenue growth of 0.4% a year over the last 3 filed years ranks in the bottom 45% (its annual reports).

What it rests on

  • revenue against the family$3.19Btop 15% of its family
  • net margin17.4%top 5% of its family
  • three-year revenue growth0.4%bottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.4/10

What are the people in charge doing?

bottom 24% of 9 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 24th percentile among 9 sector filers · read for its shareholders

From the record

Teradyne, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Smith, Gregory Stephen (President and CEO, as filed), filing under that title since 2024-01-26, 2.8 years (bottom 31% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 17%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge10 in three years among 14 peoplebottom 25% of its family
  • the median years the people in charge have filed2.8 yearsbottom 17% of its family
  • the chief executive's years on the record2.8 yearsbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.0/10

How much room does it have to grow?

top 30% of 10 in its family for room to expand.

weight 45% of this tense · 70th percentile among 10 sector filers · read for itself

From the record

Teradyne, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $294 million against no long-term debt tagged leaves 7% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 14.1% of revenue (top 25%); a gross margin of 58.2% (top 17%); research spending of 15.8% of revenue (top 44%) (its annual report).

What it rests on

  • cash less debt against assets7.0%top 35% of its family
  • cash from operations less capital spending against revenue14.1%top 25% of its family
  • gross margin58.2%top 17% of its family
  • research spending against revenue15.8%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.2/10

What could actually drive growth from here?

top 48% of 10 in its family for growth drivers.

weight 33% of this tense · 52nd percentile among 10 sector filers · read for its customers

From the record

Teradyne, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 0.4% a year over the last three filed years against 6.9% over all 10, slowing (bottom 35% of its family); the newest year grew 13.1% (top 15%); research spending grew 4.6% a year (bottom 44%); capital spending grew 11.1% a year (bottom 45%) (its annual reports). Teradyne, Inc. reported 2 product lines in fiscal 2025: Product at $2.7 billion (83%), Service at $530 million (17%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-6.5 points a yearbottom 35% of its family
  • the newest year's revenue growth13.1%top 15% of its family
  • three-year growth of research spending4.6%bottom 44% of its family
  • three-year growth of capital spending11.1%bottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.2/10

Did its newest year beat what its own record pointed to?

top 28% of 10 in its family for expectations against reality.

weight 22% of this tense · 72nd percentile among 10 sector filers · read for its shareholders

From the record

Teradyne, Inc.'s newest year against its own record: revenue of $3.2 billion in fiscal 2025 came in 19.7% above the $2.7 billion its prior three years' pace pointed to (top 15% of its family); net income of $554 million against a prior three-year average of $569 million (top 35%); a net margin of 17.4% against 19.6% before (top 35%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace19.7%top 15% of its family
  • net income against the prior three years' average-3%top 35% of its family
  • net margin against its prior average-2.2 pointstop 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TER · research, not advice