Teradyne

TER · Information Technology · Market cap $55.9B

Q1 FY26 Mar 29, 2026 reported May 1, 2026

Revenue$1.3B +87% year over year

Gross profit$0.8B

Operating profit$0.5B

Net profit$0.4B 31% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 29, 2026).
Item	Value	Share of revenue	Year over year
Revenue	1.3	100%	+87%
Transferred At Point in Time	1.2	92%	+100%
Transferred Over Time	0.1	8%	+12%
Cost of revenue	−0.5	38%
Gross profit	0.8	61% margin	+0pp
Sales & marketing	−0.1	8%	−5pp
SG&A	−0.2	13%	−10pp
G&A	−0	3%	−3pp
Operating profit	0.5	37% margin	+19pp
Tax	−0.1
Net profit	0.4	31%	+17pp

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.1	100%	+44%
Transferred At Point in Time	1	91%	+49%
Transferred Over Time	0.1	9%	+10%
Cost of revenue	−0.5	45%
Gross profit	0.6	57% margin	−2pp
Sales & marketing	−0.1	9%	−4pp
SG&A	−0.2	15%	−5pp
G&A	−0	4%	−2pp
Other	−0	2%	+0pp
Operating profit	0.3	27% margin	+7pp
Net profit	0.3	24%	+4pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 28, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.8	100%	+4%
Transferred At Point in Time	0.7	88%	+4%
Transferred Over Time	0.1	12%	+8%
Cost of revenue	−0.3	38%
Gross profit	0.4	58% margin	−1pp
Sales & marketing	−0.1	12%	+0pp
SG&A	−0.2	22%	+1pp
G&A	−0	6%	+0pp
Operating profit	0.1	19% margin	−2pp
Net profit	0.1	16%	−4pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 29, 2025).
Item	Value	Share of revenue	Year over year
Revenue	0.7	100%	−11%
Transferred At Point in Time	0.5	71%	−13%
Transferred Over Time	0.1	14%	+6%
Cost of revenue	−0.3	43%
Gross profit	0.4	57% margin	−1pp
Sales & marketing	−0.1	14%	+2pp
SG&A	−0.2	24%	+3pp
G&A	−0	7%	+1pp
Operating profit	0.1	14% margin	−15pp
Net profit	0.1	12%	−13pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Mar 29, 2026	May 1, 2026	$1.3B	+87%	38%	$0.4B	31%
Q4 FY25	Sep 29 – Dec 31, 2025	Feb 19, 2026	$1.1B	+44%	27%	$0.3B	24%
Q3 FY25	Jun 30 – Sep 28, 2025	Oct 30, 2025	$0.8B	+4%	12%	$0.1B	16%
Q2 FY25	Mar 31 – Jun 29, 2025	Aug 1, 2025	$0.7B	−11%	14%	$0.1B	12%