Ticker League

TTM

$1.37B

YoY change

+16.8%

5Y CAGR

-5.7%

Peak year (FY2021)

$1.2B

Operating Income history chart for Teradyne (TER) from 2016 to 2025

Latest: $693M

Operating Income growth chart for Teradyne (TER) from 2016 to 2025

Latest: +16.8%

Operating Income history table for Teradyne (TER) from 1985 to 2025

  • FY2025$693M+16.8%
  • FY2024$594M+18.5%
  • FY2023$501M-39.8%
  • FY2022$832M-30.7%
  • FY2021$1.2B+29.3%
  • FY2020$928M+67.7%
  • FY2019$554M+16.9%
  • FY2018$474M-9.8%
  • FY2017$525M-934.3%
  • FY2016-$63M-125.9%
  • FY2015$243M+152.0%
  • FY2014$96.4M-49.4%
  • FY2013$191M-33.7%
  • FY2012$287M+24.1%
  • FY2011$231M-44.2%
  • FY2010$415M-438.9%
  • FY2009-$122M-67.8%
  • FY2008-$381M-1002.1%
  • FY2007$42.2M-79.2%
  • FY2006$202M-338.3%
  • FY2005-$84.9M-154.7%
  • FY2004$155M-188.0%
  • FY2003-$176M-68.3%
  • FY2002-$556M+57.5%
  • FY2001-$353M-149.6%
  • FY2000$711M+175.4%
  • FY1999$258M+92.8%
  • FY1998$134M-23.6%
  • FY1997$175M+42.8%
  • FY1996$123M-49.7%
  • FY1995$244M+149.0%
  • FY1994$98.1M+91.3%
  • FY1993$51.3M+85.2%
  • FY1992$27.7M+15.4%
  • FY1991$24M-215.9%
  • FY1990-$20.7M-216.9%
  • FY1989$17.7M-10.6%
  • FY1988$19.8M-161.7%
  • FY1987-$32.1M+386.4%
  • FY1986-$6.6M-134.4%
  • FY1985$19.2M

Operating Income values are taken from Teradyne's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Income at Teradyne (TER)

According to Teradyne's latest reported financial statements, the company's current operating income (TTM) is $1.37B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

Teradyne (TER) most recent annual operating income stands at $693M (2025) – grew 16.8% year-over-year.

Over 2020–2025 (5 years), Teradyne operating income expanded at a -5.7% compound annual rate, sustaining 2 straight years of year-over-year growth.

Teradyne operating income plunged from $1.2B in 2021 to $693M in 2025, a 42.3% drawdown.

2021 marks the peak operating income at $1.2B, with the historical low of -$556M recorded in 2002.

Teradyne Operating Income by Year

Teradyne Operating Income 2025: $693M

Teradyne posted operating income of $693M in 2025, grew 16.8% from 2024.

Teradyne Operating Income 2024: $594M

In 2024, Teradyne reported operating income of $594M, grew 18.5% from 2023.

Teradyne Operating Income 2023: $501M

Teradyne operating income in 2023 was $501M, plunged 39.8% below 2022.

Teradyne Operating Income 2022: $832M

2022's operating income for Teradyne came in at $832M, plunged 30.7% below 2021.

Teradyne Operating Income 2021: $1.2B

Teradyne operating income in 2021 was $1.2B.

See more financial history for Teradyne (TER).

Sector peers by Operating Income

Technology peers of Teradyne (TER), ranked by their latest operating income

Frequently asked questions