TTM
26.9%
YoY change
+0.68pp
Trough year (2002)
-45.5%
Peak year (2021)
32.4%
Latest annual
21.7%
Operating Margin history chart for Teradyne (TER) from 1985 to 2025
Latest: 21.7%
Operating Margin change chart for Teradyne (TER) from 1985 to 2025
Latest: +0.68pp
Operating Margin history table for Teradyne (TER) from 1985 to 2025
| 2025 | 21.7% | +0.68pp | ||
| 2024 | 21.1% | +2.33pp | ||
| 2023 | 18.7% | -7.65pp | ||
| 2022 | 26.4% | -6.06pp | ||
| 2021 | 32.4% | +2.68pp | ||
| 2020 | 29.7% | +5.62pp | ||
| 2019 | 24.1% | +1.57pp | ||
| 2018 | 22.6% | -2.03pp | ||
| 2017 | 24.6% | +28.18pp | ||
| 2016 | -3.6% | -18.41pp | ||
| 2015 | 14.8% | +8.97pp | ||
| 2014 | 5.9% | -7.50pp | ||
| 2013 | 13.4% | -3.99pp | ||
| 2012 | 17.3% | +1.15pp | ||
| 2011 | 16.2% | -10.29pp | ||
| 2010 | 26.5% | +41.43pp | ||
| 2009 | -14.9% | +19.45pp | ||
| 2008 | -34.4% | -38.22pp | ||
| 2007 | 3.8% | -11.10pp | ||
| 2006 | 14.9% | +23.06pp | ||
| 2005 | -8.1% | -19.14pp | ||
| 2004 | 11.0% | +24.05pp | ||
| 2003 | -13.0% | +32.43pp | ||
| 2002 | -45.5% | -20.98pp | ||
| 2001 | -24.5% | -47.84pp | ||
| 2000 | 23.4% | +8.94pp | ||
| 1999 | 14.4% | +5.42pp | ||
| 1998 | 9.0% | -4.85pp | ||
| 1997 | 13.8% | +3.36pp | ||
| 1996 | 10.5% | -10.04pp | ||
| 1995 | 20.5% | +6.03pp | ||
| 1994 | 14.5% | +5.24pp | ||
| 1993 | 9.2% | +4.02pp | ||
| 1992 | 5.2% | +0.51pp | ||
| 1991 | 4.7% | +9.23pp | ||
| 1990 | -4.5% | -8.17pp | ||
| 1989 | 3.7% | -0.62pp | ||
| 1988 | 4.3% | +12.78pp | ||
| 1987 | -8.5% | -6.34pp | ||
| 1986 | -2.2% | -7.86pp | ||
| 1985 | 5.7% | — |
- 202521.7%+0.68pp
- 202421.1%+2.33pp
- 202318.7%-7.65pp
- 202226.4%-6.06pp
- 202132.4%+2.68pp
- 202029.7%+5.62pp
- 201924.1%+1.57pp
- 201822.6%-2.03pp
- 201724.6%+28.18pp
- 2016-3.6%-18.41pp
- 201514.8%+8.97pp
- 20145.9%-7.50pp
- 201313.4%-3.99pp
- 201217.3%+1.15pp
- 201116.2%-10.29pp
- 201026.5%+41.43pp
- 2009-14.9%+19.45pp
- 2008-34.4%-38.22pp
- 20073.8%-11.10pp
- 200614.9%+23.06pp
- 2005-8.1%-19.14pp
- 200411.0%+24.05pp
- 2003-13.0%+32.43pp
- 2002-45.5%-20.98pp
- 2001-24.5%-47.84pp
- 200023.4%+8.94pp
- 199914.4%+5.42pp
- 19989.0%-4.85pp
- 199713.8%+3.36pp
- 199610.5%-10.04pp
- 199520.5%+6.03pp
- 199414.5%+5.24pp
- 19939.2%+4.02pp
- 19925.2%+0.51pp
- 19914.7%+9.23pp
- 1990-4.5%-8.17pp
- 19893.7%-0.62pp
- 19884.3%+12.78pp
- 1987-8.5%-6.34pp
- 1986-2.2%-7.86pp
- 19855.7%—
Operating Margin 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 Margin at Teradyne (TER)
According to Teradyne's latest reported financial statements, the company's latest reported operating margin is 26.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Teradyne (TER) operating margin totalled 21.74% – expanded 0.7 percentage points year-over-year.
Across the available history, operating margin reached its high of 32.43% in 2021 and its low of -45.47% in 2002.
Teradyne Operating Margin by Year
Teradyne Operating Margin 2025: 21.7%
2025's operating margin for Teradyne came in at 21.74%, expanded 0.7 percentage points from 2024.
Teradyne Operating Margin 2024: 21.1%
Teradyne posted operating margin of 21.06% in 2024, expanded 2.3 percentage points from 2023.
Teradyne Operating Margin 2023: 18.7%
In 2023, Teradyne reported operating margin of 18.72%, contracted 7.6 percentage points from 2022.
Teradyne Operating Margin 2022: 26.4%
Teradyne operating margin in 2022 was 26.37%, contracted 6.1 percentage points from 2021.
Teradyne Operating Margin 2021: 32.4%
Teradyne operating margin in 2021 was 32.43%.
See more financial history for Teradyne (TER).
Sector peers by Operating Margin
Technology peers of Teradyne (TER), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
Frequently asked questions
Teradyne (TER) Key Financials
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