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.

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Teradyne Inc., consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Products 458,433 530,511 551,982 540,375 473,418 591,491 676,252 697,954 625,875 758,674 825,448 951,945 660,508 647,625 697,745 734,630 610,906 548,551 488,170 457,511 393,442
Services 141,386 140,089 151,750 144,062 144,111 140,345 150,821 142,812 129,495 126,372 125,053 133,783 121,098 111,344 121,739 104,031 93,449 106,099 93,868 106,667 100,657
Revenues 599,819 670,600 703,732 684,437 617,529 731,836 827,073 840,766 755,370 885,046 950,501 1,085,728 781,606 758,969 819,484 838,661 704,355 654,650 582,038 564,178 494,099
Cost of products (200,763) (227,389) (239,827) (217,011) (198,665) (247,326) (277,539) (274,674) (243,016) (310,248) (333,229) (388,845) (267,784) (274,574) (300,174) (322,732) (259,996) (226,184) (197,196) (193,299) (165,368)
Cost of services (59,774) (63,666) (65,614) (64,934) (62,444) (64,060) (64,155) (59,703) (57,421) (47,750) (46,271) (49,894) (52,204) (34,605) (60,382) (44,456) (38,809) (45,228) (39,804) (46,961) (41,096)
Cost of revenues, exclusive of acquired intangible assets amortization (260,537) (291,055) (305,441) (281,945) (261,109) (311,386) (341,694) (334,377) (300,437) (357,998) (379,500) (438,739) (319,988) (309,179) (360,556) (367,188) (298,805) (271,412) (237,000) (240,260) (206,464)
Gross profit 339,282 379,545 398,291 402,492 356,420 420,450 485,379 506,389 454,933 527,048 571,001 646,989 461,618 449,790 458,928 471,473 405,550 383,238 345,038 323,918 287,635
Selling and administrative (149,188) (142,335) (138,330) (145,695) (150,955) (142,753) (135,632) (139,533) (140,185) (142,746) (134,829) (140,187) (129,797) (124,282) (115,840) (113,259) (111,388) (117,094) (109,166) (108,811) (102,013)
Engineering and development (103,199) (102,208) (104,413) (105,706) (105,762) (108,809) (111,715) (111,951) (108,116) (109,966) (107,220) (110,021) (100,402) (100,794) (94,909) (94,102) (85,159) (86,795) (77,804) (81,434) (76,791)
Acquired intangible assets amortization (4,697) (4,652) (4,720) (4,825) (4,802) (4,670) (4,729) (4,871) (5,063) (5,163) (5,355) (5,402) (5,536) (5,752) (6,219) (8,941) (9,891) (9,783) (9,647) (10,083) (10,634)
Restructuring and other (4,427) (6,026) (6,856) (6,358) (2,037) 2,369 (1,796) (2,044) (15,714) (12,738) (1,197) (2,507) 7,130 15,117 27,701 (37,222) 7,606 2,088 6,500 10,404 (5,112)
Operating expenses (261,511) (255,221) (254,319) (262,584) (263,556) (253,863) (253,872) (258,399) (269,078) (270,613) (248,601) (258,117) (228,605) (215,711) (189,267) (253,524) (198,832) (211,584) (190,117) (189,924) (194,550)
Income from operations 77,771 124,324 143,972 139,908 92,864 166,587 231,507 247,990 185,855 256,435 322,400 388,872 233,013 234,079 269,661 217,949 206,718 171,654 154,921 133,994 93,085
Interest income 7,867 8,863 6,873 6,354 5,258 3,407 1,318 951 703 560 626 633 808 792 1,071 1,368 2,751 6,144 5,159 5,430 8,052
Interest expense (661) (811) (963) (1,045) (987) (1,015) (779) (913) (1,012) (2,465) (3,785) (5,566) (6,004) (6,351) (6,237) (6,043) (5,551) (5,950) (5,682) (5,800) (5,713)
Other income (expense), net (12,075) 7,430 (5,602) (815) (51) 26,258 (5,849) (9,436) (5,187) 651 (21,486) 87 (3,824) (5,596) (764) 4,017 (6,849) (22,965) (2,665) (2,447) (1,445)
Non-operating income (expense) (4,869) 15,482 308 4,494 4,220 28,650 (5,310) (9,398) (5,496) (1,254) (24,645) (4,846) (9,020) (11,155) (5,930) (658) (9,649) (22,771) (3,188) (2,817) 894
Income before income taxes 72,902 139,806 144,280 144,402 97,084 195,237 226,197 238,592 180,359 255,181 297,755 384,026 223,993 222,924 263,731 217,291 197,069 148,883 151,733 131,177 93,979
Income tax (provision) benefit (8,705) (22,751) (16,164) (24,352) (13,553) (22,936) (42,712) (40,805) (18,431) (31,141) (41,037) (55,707) (18,481) (26,594) (41,013) (28,383) (20,878) (23,810) (15,873) (33,780) 15,159
Net income 64,197 117,055 128,116 120,050 83,531 172,301 183,485 197,787 161,928 224,040 256,718 328,319 205,512 196,330 222,718 188,908 176,191 125,073 135,860 97,397 109,138

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Revenues Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Teradyne Inc. revenues decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Income from operations The net result for the period of deducting operating expenses from operating revenues. Teradyne Inc. income from operations decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
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 decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
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 decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.