Teradyne

OverviewSuggest Edit

Teradyne is a supplier of automation equipment for test and industrial applications. Its automatic test equipment products and services include semiconductor test systems, defense and aerospace test instrumentation and systems, storage test systems, circuit-board test and inspection systems, and wireless test systems. The company also provides industrial automation products, such as collaborative robots, autonomous mobile robots, and sensing and simulation software. Teradyne caters to consumer electronics, wireless, automotive, industrial, computing, communications, aerospace, and defense industries.
TypePublic
Founded1960
HQNorth Reading, MA, US
Websiteteradyne.com
Employee Ratings4.3
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)5,900(+8%)
Job Openings336
Revenue (FY, 2021)$3.7 B(+19%)
Share Price (Jun 2022)$97.1(+6%)
Cybersecurity ratingBMore
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Key People/Management at Teradyne

Mark E. Jagiela

Mark E. Jagiela

Chief Executive Officer and President
Sanjay Mehta

Sanjay Mehta

Vice President, Chief Financial Officer
Charles Gray

Charles Gray

Vice President, General Counsel
Walter Vahey

Walter Vahey

Executive Vice-President, Corporate Development
Michal Kimeldorfer-Rabinowitz

Michal Kimeldorfer-Rabinowitz

Vice President, Head of Human Resources
John Wood

John Wood

VP and General Manager, System Test Group
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Teradyne Office Locations

Teradyne has offices in North Reading, Agoura Hills, Austin, Buffalo Grove and in 23 other locations
North Reading, MA, US (HQ)
600 Riverpark Drive
Agoura Hills, CA, US
30701 Agoura Rd
Austin, TX, US
4801 Southwest Pkwy
Buffalo Grove, IL, US
2200 Millbrook Dr
Plano, TX, US
2701 W Plano Pkwy #700
San Jose, CA, US
875 Embedded Way
Show all (27)

Teradyne Financials and Metrics

Teradyne Revenue

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Teradyne's revenue was reported to be $3.7 b in FY, 2021 which is a 18.6% increase from the previous period.
USD

Revenue (FY, 2021)

3.7b

Revenue growth (FY, 2020 - FY, 2021), %

18.6%

Gross profit (FY, 2021)

2.2b

Gross profit margin (FY, 2021), %

59.6%

Net income (FY, 2021)

1.0b

EBIT (FY, 2021)

1.2b

Market capitalization (24-Jun-2022)

15.8b

Closing stock price (24-Jun-2022)

97.1

Cash (31-Dec-2021)

1.1b

EV

14.9b
Teradyne's current market capitalization is $15.8 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

2.3b3.1b3.7b

Revenue growth, %

9%36%19%

Cost of goods sold

955.1m1.3b1.5b

Gross profit

1.3b1.8b2.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

494.1m564.2m582.0m704.4m838.7m819.5m781.6m1.1b950.5m

Cost of goods sold

206.5m240.3m237.0m298.8m367.2m360.6m320.0m438.7m379.5m

Gross profit

287.6m323.9m345.0m405.6m471.5m458.9m461.6m647.0m571.0m

Gross profit Margin, %

58%57%59%58%56%56%59%60%60%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

773.9m914.1m1.1b

Accounts Receivable

362.4m497.5m550.7m

Prepaid Expenses

188.6m259.3m406.3m

Inventories

196.7m222.2m243.3m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

467.5m784.1m1.0b

Depreciation and Amortization

120.7m126.7m125.5m

Inventories

(27.4m)(8.4m)6.5m

Accounts Payable

49.3m73.2m129.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

109.1m206.5m342.4m176.2m365.1m587.8m205.5m533.8m790.5m

Depreciation and Amortization

29.6m58.9m88.4m31.9m64.5m94.7m33.7m65.2m95.5m

Inventories

(2.9m)(2.4m)(14.1m)15.8m(3.7m)17.0m(35.9m)19.9m21.9m

Accounts Payable

(53.3m)(14.4m)20.8m(35.3m)113.6m81.6m(10.6m)86.8m65.1m
USDQ1, 2019

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
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Teradyne Operating Metrics

Teradyne's Backlog was reported to be $810m in FY, 2019.
FY, 2017FY, 2018FY, 2019

Backlog

$626.4 m$568.7 m$810 m

Backlog (Semiconductor Test)

$464.2 m$367.5 m$543.2 m

Backlog (System Test)

$111.9 m$149.5 m$206 m

Backlog (Wireless Test)

$35.5 m$32 m$42.9 m

Teradyne Acquisitions / Subsidiaries

Company NameDateDeal Size
AutoGuide, LLCNovember 13, 2019$81.6 m
LemsysJanuary 30, 2019$9.1 m
Mobile Industrial RobotsApril 25, 2018$145.2 m
Energid Technologies CorporationFebruary 26, 2018$27.6 m
Universal RobotsJune 25, 2015$285 m
Avionics Interface TechnologiesNovember 04, 2014
LitepointSeptember 14, 2011
Eagle Test Systems, Inc.November 17, 2008$360 m
Nextest SystemsJanuary 24, 2008$325 m
Nextest Systems CorporationJanuary 23, 2008$325 m
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Teradyne Revenue Breakdown

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Teradyne revenue breakdown by business segment: 10.2% from Industrial Automation, 71.4% from Semiconductor Test, 12.6% from System Test and 5.9% from Wireless Test

Teradyne revenue breakdown by geographic segment: 17.1% from China, 7.0% from Europe, 13.6% from Korea, 30.2% from Taiwan, 10.6% from United States and 21.5% from Other

Teradyne Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Teradyne Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Teradyne Online and Social Media Presence

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Teradyne Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A

    78/100

  • Compensation

    A+

    86/100

  • Diversity

    A+

    90/100

Learn more on Comparably

Teradyne News and Updates

Greg Smith Named Teradyne President

NORTH READING, Mass., June 07, 2022 (GLOBE NEWSWIRE) -- Teradyne, Inc. (Nasdaq: TER) today announced that Greg Smith has been appointed President of Teradyne, effective July 1, 2022. Mark Jagiela will continue as the Company's Chief Executive Officer.

How AI/ML Improves Fab Operations

Smart chip manufacturing is now a requirement, and it requires rethinking processes that have been in place for decades. The post How AI/ML Improves Fab Operations appeared first on Semiconductor Engineering.

Teradyne Reports First Quarter 2022 Results

Teradyne, Inc. (NASDAQ: TER) reported revenue of $755 million for the first quarter of 2022 of which $482 million was in Semiconductor Test, $119 million in System Test, $52 million in Wireless Test and $103 million in Industrial Automation (IA). GAAP net income for the first quarter was $161.9 mill…

Teradyne Marks the 7,000th J750 Semiconductor Test System Shipment with Nations Technologies

Teradyne, Inc. (NASDAQ:TER), a leading supplier of automated test equipment, today announced the shipment of the 7,000th unit of its industry-leading J750 semiconductor test platform to Nations Technologies, a leading Chinese microcontroller unit (MCU) and security integrated circuit (IC) chip maker…

Teradyne to Announce First Quarter 2022 Results

Teradyne, Inc. (NASDAQ: TER) will release financial results for the first quarter of 2022 on Tuesday, April 26, 2022 at 5:00 p.m. Eastern Time (ET) or later.

Teradyne’s Robotics Group Makes $376m In 2021

Teradyne’s industrial automation group, which includes AutoGuide Mobile Robots, Energid, Mobile Industrial Robots and Universal Robots, generated $376 million in revenue in 2021. That marks a 34% increase from the $280 million generated in 2020.
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Teradyne Frequently Asked Questions

  • When was Teradyne founded?

    Teradyne was founded in 1960.

  • Who are Teradyne key executives?

    Teradyne's key executives are Mark E. Jagiela, Sanjay Mehta and Charles Gray.

  • How many employees does Teradyne have?

    Teradyne has 5,900 employees.

  • What is Teradyne revenue?

    Latest Teradyne annual revenue is $3.7 b.

  • What is Teradyne revenue per employee?

    Latest Teradyne revenue per employee is $627.6 k.

  • Who are Teradyne competitors?

    Competitors of Teradyne include AEM, Advantest Europe and Samsung Electro-Mechanics Philippines.

  • Where is Teradyne headquarters?

    Teradyne headquarters is located at 600 Riverpark Drive, North Reading.

  • Where are Teradyne offices?

    Teradyne has offices in North Reading, Agoura Hills, Austin, Buffalo Grove and in 23 other locations.

  • How many offices does Teradyne have?

    Teradyne has 27 offices.