TERADYNE, INC (TER) closed fiscal year 2025 with a gross margin of 58.2 % and a net margin of 17.4 %.
TERADYNE, INC (TER) closed fiscal year 2025 with a gross margin of 58.2 % and a net margin of 17.4 %. The same year shows an EBITDA margin of 24.4 % and an EBIT margin of 20.4 %. The free cash flow margin was 14.1 %. Against the previous year the gross margin moved −0.3 pp and the net margin −1.9 pp. Across the period the gross margin ranges between 38.5 % in 2009 and 59.6 % in 2021. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 45.00 % | 38.52 % | 54.76 % | 49.81 % | 53.48 % | 56.64 % | 53.33 % | 55.85 % | 54.68 % | 57.17 % | 58.09 % | 58.38 % | 57.21 % | 59.59 % | 59.18 % | 57.42 % | 58.48 % | 58.22 % |
| EBITDA margin (%) | -25.83 % | -2.63 % | 32.46 % | 23.66 % | 26.13 % | 23.90 % | 15.11 % | 23.40 % | 3.25 % | 29.65 % | 27.94 % | 29.38 % | 33.80 % | 35.82 % | 29.88 % | 22.87 % | 25.30 % | 24.39 % |
| EBIT margin (%) | -34.39 % | -16.06 % | 26.49 % | 16.20 % | 17.35 % | 13.35 % | 5.85 % | 14.82 % | -3.59 % | 24.59 % | 22.55 % | 24.12 % | 29.74 % | 32.43 % | 26.37 % | 18.72 % | 21.06 % | 20.38 % |
| Net margin (%) | -35.61 % | -17.22 % | 24.57 % | 25.88 % | 13.10 % | 11.55 % | 4.93 % | 12.59 % | -2.48 % | 12.06 % | 21.51 % | 20.37 % | 25.12 % | 27.40 % | 22.68 % | 16.77 % | 19.23 % | 17.37 % |
| FCF margin (%) | 6.93 % | 10.36 % | 31.30 % | 13.21 % | 17.14 % | 11.24 % | 19.61 % | 20.32 % | 21.10 % | 24.39 % | 17.26 % | 19.35 % | 21.91 % | 26.08 % | 13.14 % | 15.90 % | 16.81 % | 14.12 % |
