Teradyne FY 2025 Semiconductor Test revenue rises 18.8% to USD 2.52B

Reuters02-20
Teradyne FY 2025 Semiconductor Test revenue rises 18.8% to USD 2.52B

Teradyne reported FY 2025 revenue of USD 3.19 billion (+15.9% product revenues to USD 2.66 billion), with service revenues of USD 529.8 million. FY 2025 gross profit was USD 1.86 billion (58.2% of revenue), while income from operations was 20.4% of revenue and net income was 17.4% of revenue; income tax expense totaled USD 79.3 million (effective tax rate 12.1%). FY 2025 segment revenue was led by Semiconductor Test at USD 2.52 billion (+18.8%), followed by Product Test at USD 358.0 million (+8.1%) and Robotics at USD 308.3 million (-15.5%). Cash, cash equivalents and marketable securities ended FY 2025 at USD 448.3 million, with short-term debt of USD 200.0 million; operating cash flow was USD 674.42 million. Management said Semiconductor Test growth was driven by compute demand tied to AI applications and Integrated System Test, with AI-related customer demand driving the majority of revenue in the second half of 2025 and expected to represent the bulk of revenues in Q1 2026. Product Test growth was primarily attributed to strength in defense and aerospace. Robotics posted a third consecutive quarter of sequential revenue growth in Q4 2025, while also undergoing restructuring; FY 2025 restructuring included USD 29.4 million of severance charges, largely related to Robotics. Teradyne completed acquisitions of Quantifi Photonics (USD 127.2 million) and Infineon’s AET (USD 18.3 million equivalent), and announced a planned joint venture with MultiLane, with an investment of about USD 157 million for 75% ownership, expected to close in H1 2026. The company returned USD 778.4 million to shareholders in FY 2025, including USD 702.1 million in share buybacks and USD 76.3 million in dividends.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Teradyne Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-059002), on February 19, 2026, and is solely responsible for the information contained therein.

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