Teradyne (TER) Gross Margin (2009 - 2026)
Teradyne's (TER) quarterly Gross Margin came in at 59.79% in Q2 2026, up 256.0% on a YoY basis from 16.8% in Q2 2025, and down 1.81% quarter-over-quarter from 60.89% in Q1 2026.
Analysis
Teradyne (TER) Gross Margin (2009 - 2026) Analysis & Trends
Teradyne (TER) has reported Gross Margin for 18 consecutive years, with 59.79% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 256.0% year-over-year to 59.79%; the trailing twelve-month figure through Jun 2026 stood at 59.24% (up 11.0% YoY), and the FY2025 full-year result was 58.22%, down 25.0% from the prior year.
- Gross Margin fell to 59.79% in Q2 2026 per TER's latest filing, from 60.89% in the prior quarter.
- Across five years, Gross Margin topped out at 60.89% in Q1 2026 and bottomed at 56.56% in Q1 2024.
- Historically, Gross Margin has averaged 58.55% across 5 years, with a median of 58.55% in 2022.
- The sharpest annual moves came in 2023 and 2025: Gross Margin tumbled 251 bps in 2023, then soared 401 bps in 2025.
- Over 5 years, Gross Margin stood at 57.45% in 2022, then dropped by 1 bps to 56.6% in 2023, then rose by 5 bps to 59.41% in 2024, then dropped by 4 bps to 57.2% in 2025, then gained by 5 bps to 59.79% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 59.79%, 60.89%, and 57.2% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teradyne | 59.44 Bn | 59.09 Bn | 794.62 Mn | 59.79% |
| 2 | Keysight Technologies | 57.87 Bn | 55.26 Bn | 1.22 Bn | 65.87% |
| 3 | Formfactor | 8.95 Bn | 8.61 Bn | 130.92 Mn | 50.70% |
| 4 | Viavi Solutions | 8.89 Bn | 8.24 Bn | 261.70 Mn | 59.06% |
| 5 | Ralliant | 7.48 Bn | 7.21 Bn | 292.90 Mn | 51.59% |
| 6 | Intest | 140.69 Mn | 118.59 Mn | 14.30 Mn | 40.49% |
| 7 | Lgl | 42.76 Mn | 42.76 Mn | 772,000.00 | 66.96% |
| 8 | Data I | 27.18 Mn | 27.18 Mn | - | - |
| 9 | Ainos | 10.52 Mn | 9.10 Mn | 99.00 | 65.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 59.79% |
| Mar 29, 2026 | 60.89% |
| Dec 31, 2025 | 57.20% |
| Sep 28, 2025 | 58.41% |
| Jun 29, 2025 | 57.23% |
| Mar 30, 2025 | 60.57% |
| Dec 31, 2024 | 59.41% |
| Sep 29, 2024 | 59.20% |
| Jun 30, 2024 | 58.34% |
| Mar 31, 2024 | 56.56% |
| Dec 31, 2023 | 56.60% |
| Oct 1, 2023 | 56.60% |
| Jul 2, 2023 | 58.81% |
| Apr 2, 2023 | 57.72% |
| Dec 31, 2022 | 57.45% |
| Oct 2, 2022 | 58.69% |
| Jul 3, 2022 | 60.23% |
| Apr 3, 2022 | 60.23% |
| Dec 31, 2021 | 59.55% |
| Oct 3, 2021 | 60.07% |