To the full analysis
Teradyne stock: growth
TERTeradyne reported $3.19B in revenue for fiscal 2025, up 13.1% on the prior year, up 0.4% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
4.6%
per year from 2006 to 2025, per share 5.8%
Earnings (Annual rate)
5.5%
per year from 2006 to 2025, per share 6.7%
Free cash flow (Annual rate)
1.5%
per year from 2006 to 2025, per share 2.7%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 0.4% | 6.9% | 4.6% |
| Revenue per share | 1.7% | 10.2% | 5.8% |
| Earnings | −6.7% | 10.4% | 5.5% |
| Earnings per share | −5.9% | 13.5% | 6.7% |
| Free cash flow | −8.0% | 3.5% | 1.5% |
| Free cash flow per share | −6.9% | 6.6% | 2.7% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $1.36B | $198.76M | $339.67M |
| 2007 | $1.1B | $71.81M | $42.1M |
| 2008 | $1.11B | −$397.83M | $75.93M |
| 2009 | $819.41M | −$133.84M | $79.39M |
| 2010 | $1.57B | $379.73M | $490.76M |
| 2011 | $1.43B | $349.44M | $187.67M |
| 2012 | $1.66B | $217.05M | $285.45M |
| 2013 | $1.43B | $164.95M | $160.54M |
| 2014 | $1.65B | $81.27M | $323.08M |
| 2015 | $1.64B | $206.48M | $320.71M |
| 2016 | $1.75B | −$43.42M | $360.53M |
| 2017 | $2.14B | $257.69M | $521.12M |
| 2018 | $2.1B | $451.78M | $362.5M |
| 2019 | $2.29B | $467.47M | $444.11M |
| 2020 | $3.12B | $784.15M | $683.96M |
| 2021 | $3.7B | $1.01B | $965.89M |
| 2022 | $3.16B | $715.5M | $414.67M |
| 2023 | $2.68B | $448.75M | $425.59M |
| 2024 | $2.82B | $542.37M | $474.08M |
| 2025 | $3.19B | $554.05M | $450.41M |
Revenue by segment
How Teradyne, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Product83%
- Service17%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Product | $1.73B | $1.89B | $2.69B | $3.2B | $2.59B | $2.1B | $2.29B | $2.66B | 83.4% |
| Service | $371.18M | $407.29M | $430.56M | $506.31M | $563.47M | $580.01M | $524.95M | $529.83M | 16.6% |
| Total revenue | $2.1B | $2.29B | $3.12B | $3.7B | $3.16B | $2.68B | $2.82B | $3.19B | 100% |
Revenue by region
Where Teradyne, Inc. generates its revenue.
- Taiwan36%
- China14%
- South Korea14%
- United States11%
- EMEA7%
- Rest of world4%
- Other13%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Taiwan | $653.08M | $687.03M | $516.32M | $485.68M | $1.18B | $1.12B | $626.42M | $384.84M | $602M | $1.16B | 36.2% |
| China | $174.88M | $260.45M | $348.94M | $514.33M | $465.72M | $631.96M | $491.8M | $314.9M | $375.19M | $451.29M | 14.1% |
| South Korea | $147.88M | $206.82M | $163.22M | $239.5M | $391.57M | $502.17M | $544.82M | $394.69M | $695.67M | $446.3M | 14% |
| United States | $221.95M | $252.52M | $282.87M | $333.06M | $321.67M | $392.63M | $469.95M | $433.66M | $374.33M | $360.89M | 11.3% |
| EMEA | $117.67M | $163.72M | $223.21M | $219.02M | $205.59M | $259.95M | $268.38M | $273.78M | $251.29M | $215.43M | 6.8% |
| Rest of world | $27.37M | $36.43M | $39.36M | $43.68M | $74.63M | $68.06M | $87.59M | $105.28M | $106.19M | $132.54M | 4.2% |
| Other | $410.42M | $529.64M | $526.88M | $459.7M | $484.21M | $730.24M | $666.09M | $769.15M | $415.22M | $428.38M | 13.4% |
| Total revenue | $1.75B | $2.14B | $2.1B | $2.29B | $3.12B | $3.7B | $3.16B | $2.68B | $2.82B | $3.19B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 28 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.