Teradyne (TER) Operating Margin (2009 - 2026)

Teradyne has reported Operating Margin for 18 years, with the latest figure at 32.94% in Q2 2026.

• Operating Margin for Q2 2026 came in at 32.94%, up 1902.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 30.23% (up 1194.0% YoY), and the FY2025 annual result was 20.38%, down 68.0% from the prior year.
• Operating Margin fell to 32.94% in Q2 2026, from 36.88% in the prior quarter.
• Over five years, Operating Margin peaked at 36.88% in Q1 2026 and troughed at 12.97% in Q1 2024.
• A 5-year average of 22.75% and a median of 20.54% in 2023 frame the typical range for Operating Margin.
• The widest annual swing landed in 2025, when Operating Margin slumped 1490 bps; it then jumped 1926 bps in 2026.
• A 5-year view of Operating Margin shows it stood at 22.76% in 2022, then dropped by 19 bps to 18.54% in 2023, then gained by 10 bps to 20.4% in 2024, then surged by 33 bps to 27.06% in 2025, then rose by 22 bps to 32.94% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 32.94% in Q2 2026, 36.88% in Q1 2026, and 27.06% in Q4 2025.