Teradyne Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Teradyne Inc (TER). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Semiconductor Test | $2.26B 72.4% | $2.64B 71.4% · +16.9% | $2.08B 65.9% · -21.3% | $1.96B 73.1% · -5.9% | $2.12B 75.3% · +8.5% | $2.52B 79.1% · +18.8% |
| Product Test | – | – | – | $343.9M 12.9% | $331.1M 11.7% · -3.7% | $358.0M 11.2% · +8.1% |
| Robotics | $279.7M 9.0% | $375.9M 10.2% · +34.4% | $403.1M 12.8% · +7.2% | $375.2M 14.0% · -6.9% | $364.8M 12.9% · -2.8% | $308.3M 9.7% · -15.5% |
| Corporate and Eliminations | -$604.0K 0.0% | – | $251.0K 0.0% | – | – | – |
| Wireless Test | $173.0M 5.5% | $216.9M 5.9% · +25.4% | $201.7M 6.4% · -7.0% | – | – | – |
| System Test | $409.7M 13.1% | $467.7M 12.6% · +14.2% | $469.3M 14.9% · +0.3% | – | – | – |
| Corporate And Eliminations | -$604.0K 0.0% | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Product [Member] | $2.69B 86.2% | $3.20B 86.3% · +18.8% | $2.59B 82.1% · -18.9% | $2.10B 78.3% · -19.1% | $2.29B 81.4% · +9.5% | $2.66B 83.4% · +15.9% |
| Service [Member] | $430.6M 13.8% | $506.3M 13.7% · +17.6% | $563.5M 17.9% · +11.3% | $580.0M 21.7% · +2.9% | $524.9M 18.6% · -9.5% | $529.8M 16.6% · +0.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.