Stock Analysis on Net
Stock Analysis on Net

Teradyne Inc. (NASDAQ:TER)

This company has been moved to the archive! The financial data has not been updated since May 3, 2024.

Common-Size Income Statement

Teradyne Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Products 78.33 82.14 86.33 86.21 82.25
Services 21.67 17.86 13.67 13.79 17.75
Revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of products -32.99 -33.04 -35.11 -37.08 -34.08
Cost of services -9.59 -7.78 -5.30 -5.71 -7.54
Cost of revenues, exclusive of acquired intangible assets amortization -42.58% -40.82% -40.41% -42.79% -41.62%
Gross profit 57.42% 59.18% 59.59% 57.21% 58.38%
Selling and administrative -21.57 -17.69 -14.79 -14.89 -19.05
Engineering and development -15.62 -13.96 -11.55 -12.01 -14.07
Acquired intangible assets amortization -0.71 -0.61 -0.58 -0.99 -1.75
Restructuring and other -0.80 -0.54 -0.25 0.42 0.60
Operating expenses -38.70% -32.81% -27.17% -27.47% -34.26%
Income from operations 18.72% 26.37% 32.43% 29.74% 24.12%
Interest income 1.02 0.20 0.07 0.19 1.08
Interest expense -0.14 -0.12 -0.48 -0.77 -1.01
Other income (expense), net 0.04 0.18 -0.66 -0.29 -1.29
Non-operating income (expenses) 0.92% 0.27% -1.07% -0.88% -1.21%
Income before income taxes 19.64% 26.64% 31.35% 28.87% 22.91%
Income tax provision -2.87 -3.96 -3.95 -3.74 -2.54
Net income 16.77% 22.68% 27.40% 25.12% 20.37%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Teradyne Inc. income from operations as a percentage of revenues decreased from 2021 to 2022 and from 2022 to 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Teradyne Inc. income before income taxes as a percentage of revenues decreased from 2021 to 2022 and from 2022 to 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Teradyne Inc. net income as a percentage of revenues decreased from 2021 to 2022 and from 2022 to 2023.