TER at a glance
Teradyne (TER, SEC CIK 97210) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on August 10, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Teradyne (TER) reported revenue of $3.2 billion (up 13.1% from FY2024) and net income of $554.0 million. Diluted EPS was $3.47.
- As of June 30, 2026, 45 institutional investment managers tracked by SignalX reported holding Teradyne (TER) shares worth $39.9 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by JOHNSON MERCEDES on October 1, 2026 of 167 shares at $402.90 per share.
- In the last 90 days, TER insiders reported 0 open-market purchases ($0) and 10 open-market sales ($6.0M) on Form 4, a net sale of $6.0M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $3.2B
- +13.1% vs prior year
- Insiders · 90 days
- 0 buys · 10 sells
- Net −$6.0M
- 13F holders
- 45 funds
- $39.9B · +6 vs prior quarter
- Latest 8-K
- Aug 10, 2026
- Item 1.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Provider of automated test equipment and robotics for semiconductors, wireless, storage, photonics, aerospace, and industrial sectors
- New segment: Creation of Product Test division in Q1 2025 combining board test, defense/aerospace, and wireless test businesses
- Strategic shift: Increased focus on AI-driven semiconductor testing with majority AI-related revenue in H2 2025, expected to continue in 2026
- Notable metric: $157M investment for 75% ownership in MultiLane joint venture targeting AI data center test solutions
- Unusual fact: Acquisitions of Quantifi Photonics ($127.2M) and Infineon’s automated test tech ($18.3M) expanding Product Test and Semiconductor Test segments
Risk Factors
- Regulatory risk from the One Big Beautiful Bill Act (OBBBA, P.L. 119-21) enacted July 4, 2025, impacting U.S. federal income tax with no material 2025 impact reported
- Geopolitical risk from high revenue concentration in Taiwan (36% of total revenues in 2025, up from 21% in 2024) and Korea (14%, down from 25%)
- Supply chain risk from inventory provisions of $25.8M in 2025, with $151.8M total reserves for excess and obsolete inventory as of year-end
- Competitive risk from Robotics segment revenue decline by $56.5M (15.5%) in 2025 due to lower sales of collaborative robotic arms and autonomous mobile robots
- Financial risk from concentrated customer base with top five customers accounting for 44% of consolidated revenues in 2025, up from 36% in 2024
Management Discussion & Analysis
- Revenue growth in 2025 driven by Semiconductor Test and Product Test segments; Semiconductor Test led by AI demand and VIP compute solutions
- Acquisitions: Quantifi Photonics $127.2M (Product Test), Infineon AET $18.3M (Semiconductor Test)
- Robotics segment showed sequential Q4 2025 growth but impacted by strong USD on foreign currency revenues
- Capital allocation: $778.4M returned to shareholders via $702.1M share buybacks and $76.3M dividends in 2025
- Joint venture formation with MultiLane with $157M investment planned for 2026 to target AI Data Center test market
AI summary of the TER 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 28, 2026
Management Discussion & Analysis
- Revenue $1,329.0M, up $677.2M or 103.9% YoY, driven by Semiconductor Test
- Gross margin 59.8% vs 57.2% YoY; operating margin 33% vs 14% YoY
- Best segment Semiconductor Test revenue $1,121.8M, up 128.1%; worst Robotics revenue $99.9M, up 33.4%
- Cash and securities $517.1M vs $448.3M; operating cash flow $734.3M vs $343.7M
- MLTP acquisition $157.8M; shareholder returns $114.9M through buybacks and dividends; future growth opportunities cited for 2027
Risk Factors
- No material changes to 10-K risk factors identified; filing states additional unknown or immaterial risks could adversely affect results
- Share-repurchase liquidity risk: $74.2 million spent on 0.2 million shares during six months ended June 28, 2026
- Regulatory compliance risk: 1% excise tax applies to repurchases under the Inflation Reduction Act
- Capital-allocation risk: remaining repurchase authorization declined to $617.1 million by June 28, 2026
AI summary of the TER 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.01: Entry into a Material Definitive Agreement
- $1.0B five-year senior secured revolving facility, expanding liquidity for working capital and general corporate purposes
- No borrowings outstanding at signing, limiting immediate leverage impact
Item 2.02: Results of Operations and Financial Condition
- Q2 fiscal 2026 results for quarter ended June 28, 2026
- Press release issued July 28, 2026
Item EX-99.1: Item EX-99.1
- Q2 revenue $1,329M, up 104% YoY and above high-end guidance, marking a second consecutive record quarter
- Semiconductor Test contributed $1,122M, with record Memory revenue from DRAM strength and NAND final-test recovery
Item 5.07: Submission of Matters to a Vote of Security Holders
- All nine director nominees elected, preserving board continuity through the next annual meeting
- Director support strongest for Gregory S. Smith, with 119,413,081 votes for and 46,320 against
AI summaries of TER 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for TER
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| JOHNSON MERCEDES | Sell | Oct 1, 2026 | 167 | $402.90 |
| Herweck Peter | J | Sep 25, 2026 | 4 | - |
| MADDOCK ERNEST E | J | Sep 25, 2026 | 2 | - |
| TUFANO PAUL J | J | Sep 25, 2026 | 19 | - |
| Herweck Peter | A | Sep 24, 2026 | 77 | - |
| Henry Andrew Chisholm | A | Sep 24, 2026 | 64 | - |
| TUFANO PAUL J | A | Sep 24, 2026 | 141 | - |
| MATZ MARILYN | Sell | Sep 17, 2026 | 400 | $351.11 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $2.8B | $3.2B |
| Gross Profit | - | $1.6B | $1.9B |
| Operating Income | - | $593.8M | $650.1M |
| Net Income | - | $542.4M | $554.0M |
| Gross Margin | - | 58.5% | 58.2% |
| Op. Margin | - | 21.1% | 20.4% |
| Net Margin | - | 19.2% | 17.4% |
| Balance Sheet | |||
| Total Assets | $3.5B | $3.7B | $4.2B |
| Equity | $2.5B | $2.8B | $2.8B |
| ROE | - | 19.2% | 19.8% |
| Per Share | |||
| EPS | - | $3.32 | $3.47 |
| Cash Flow | |||
| Operating CF | - | $672.2M | $674.4M |
| CapEx | - | $198.1M | $224.0M |
Source: XBRL data in Teradyne (TER)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate TER share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 45 | $39.92B |
| Q1 2026 | 39 | $21.84B |
| Q4 2025 | 36 | $15.56B |
| Q3 2025 | 36 | $11.91B |
| Q2 2025 | 34 | $7.56B |
| Q1 2025 | 31 | $5.51B |
| Q4 2024 | 32 | $7.27B |
| Q3 2024 | 25 | $2.92B |
- Invesco Ltd+4.16M (+165%)
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- D.E. Shaw & Co−667.9K (-77%)
- Millennium Management−610.8K (-94%)
- ARK Investment Management−600.3K (-48%)
- T. Rowe Price Group−588.6K (-28%)
- Two Sigma Investments−370.3K (-44%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 278 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
TER filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 28, 2026 | - | - | - |
| 4 | Sep 28, 2026 | - | - | - |
| 4 | Sep 28, 2026 | - | - | - |
| 4 | Sep 28, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Sep 16, 2026 | - | - | - |
| 4 | Sep 2, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 4 | Aug 18, 2026 | - | - | - |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 4 | Aug 4, 2026 | - | - | - |
| 10-Q | Jul 31, 2026 | Jun 28, 2026 | Analysis | |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 29, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
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TER SEC filings: frequently asked questions
Are TER insiders buying or selling?
In the last 90 days, Teradyne (TER) officers, directors and 10% owners reported no open-market purchases and 10 open-market sales worth $6.0 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold TER stock?
As of June 30, 2026, the largest Teradyne (TER) holders among the 13F filers tracked by SignalX were BlackRock ($9.4 billion), Vanguard Capital Management LLC ($4.9 billion), Vanguard Portfolio Management LLC ($4.2 billion), State Street Corp ($3.5 billion), Invesco Ltd ($3.2 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was TER's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Teradyne (TER) reported revenue of $3.2 billion (up 13.1% from FY2024) and net income of $554.0 million. Diluted EPS was $3.47. The figures come from the XBRL data in the 10-K.
What are the main risks in TER's latest 10-K?
In the 10-K filed February 19, 2026, Teradyne (TER) flagged: Regulatory risk from the One Big Beautiful Bill Act (OBBBA, P.L. 119-21) enacted July 4, 2025, impacting U.S. federal income tax with no material 2025 impact reported. Geopolitical risk from high revenue concentration in Taiwan (36% of total revenues in 2025, up from 21% in 2024) and Korea (14%, down from 25%). (AI summary of the Risk Factors section.)
What did TER report in its latest 8-K?
Teradyne (TER) filed an 8-K on August 10, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). $1.0B five-year senior secured revolving facility, expanding liquidity for working capital and general corporate purposes.
What are the latest TER SEC filings?
Teradyne (TER) filed its latest 10-K annual report on February 19, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on August 10, 2026 and a Form 4 insider filing on October 2, 2026.
What is TER's SEC CIK number?
Teradyne (TER)'s SEC Central Index Key (CIK) is 97210. EDGAR lists every TER filing under that number.
Ask anything about TER
The research agent reads TER's filings, financials, insider trades and 13F holders, then answers with sources.