Operating Income for Teradyne (TER)
According to Teradyne's latest reported financial statements, the company's current operating income (TTM) is $667.03M USD. 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 .
TER
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$667.03M
YoY change
+16.8%
5Y CAGR
-5.7%
Peak year (2021)
$1.20B
Cumulative operating income
$8.27B
Operating Income history chart for Teradyne (TER) from 1985 to 2025
Operating Income history table for Teradyne (TER) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $693.40M | +16.8% | ||
| 2024 | $593.79M | +18.5% | ||
| 2023 | $501.07M | -39.8% | ||
| 2022 | $831.94M | -30.7% | ||
| 2021 | $1.20B | +29.3% | ||
| 2020 | $928.41M | +67.7% | ||
| 2019 | $553.65M | +16.9% | ||
| 2018 | $473.80M | -9.8% | ||
| 2017 | $525.34M | -934.3% | ||
| 2016 | -$62.97M | -125.9% | ||
| 2015 | $242.97M | +152.0% | ||
| 2014 | $96.42M | -49.4% | ||
| 2013 | $190.66M | -33.7% | ||
| 2012 | $287.37M | +24.1% | ||
| 2011 | $231.50M | -44.2% | ||
| 2010 | $414.94M | -438.9% | ||
| 2009 | -$122.42M | -67.8% | ||
| 2008 | -$380.74M | -1002.1% | ||
| 2007 | $42.21M | -79.2% | ||
| 2006 | $202.47M | -338.3% | ||
| 2005 | -$84.95M | -154.7% | ||
| 2004 | $155.30M | -188.0% | ||
| 2003 | -$176.45M | -68.3% | ||
| 2002 | -$555.80M | +57.5% | ||
| 2001 | -$352.85M | -149.6% | ||
| 2000 | $710.76M | +175.4% | ||
| 1999 | $258.10M | +92.8% | ||
| 1998 | $133.90M | -23.6% | ||
| 1997 | $175.30M | +42.8% | ||
| 1996 | $122.80M | -49.7% | ||
| 1995 | $244.36M | +149.0% | ||
| 1994 | $98.13M | +91.3% | ||
| 1993 | $51.30M | +85.2% | ||
| 1992 | $27.70M | +15.4% | ||
| 1991 | $24.00M | -215.9% | ||
| 1990 | -$20.70M | -216.9% | ||
| 1989 | $17.70M | -10.6% | ||
| 1988 | $19.80M | -161.7% | ||
| 1987 | -$32.10M | +386.4% | ||
| 1986 | -$6.60M | -134.4% | ||
| 1985 | $19.20M | — |
Operating Income values are taken from Teradyne's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Teradyne (TER) most recent annual operating income stands at $693.40M (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 $1.20B in 2021 to $693.40M in 2025, a 42.3% drawdown.
2021 marks the peak operating income at $1.20B, with the historical low of -$555.80M recorded in 2002.
Among 8 Technology peers, Teradyne (TER) ranks 9th; the peer median for operating income is $77.01B.
Teradyne Operating Income by Year
Teradyne Operating Income 2025: $693.40M
Teradyne operating income in 2025 was $693.40M, grew 16.8% from 2024.
Teradyne Operating Income 2024: $593.79M
Teradyne operating income in 2024 was $593.79M, grew 18.5% from 2023.
Teradyne Operating Income 2023: $501.07M
Teradyne operating income in 2023 was $501.07M, plunged 39.8% below 2022.
Teradyne Operating Income 2022: $831.94M
Teradyne operating income in 2022 was $831.94M, plunged 30.7% below 2021.
Teradyne Operating Income 2021: $1.20B
Teradyne operating income in 2021 was $1.20B.
See more financial history for Teradyne (TER).
Sector peers — Operating Income
Companies in the same sector as Teradyne, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Teradyne's operating income?
- Latest reported operating income for Teradyne (TER) is $667.03M (period ending December 31, 2025).
How has Teradyne operating income changed year-over-year?
- Teradyne (TER) operating income changed +16.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Teradyne operating income?
- Teradyne (TER) operating income compound annual growth rate is -5.7% over the most recent 5 years available.
When did Teradyne operating income hit its highest annual value?
- Teradyne operating income reached its highest annual value of $1.20B in 2021.
What was Teradyne operating income in 2024?
- Teradyne (TER) operating income in 2024 was $593.79M.
What was Teradyne operating income in 2025?
- Teradyne (TER) operating income in 2025 was $693.40M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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