Teradyne (TER) Research & Development (2009 - 2026)
Teradyne (TER) reported Research & Development of $163.09 million for Q3 2026, up 30.7% from $124.76 million a year earlier and up 4.4% from the prior quarter.
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Analysis
Teradyne (TER) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 27, 2026, Teradyne's Research & Development came in at $598.2 million, up 22.2% year-over-year; for FY2025, it was $504.6 million, up 9.5% from FY2024.
- Research & Development has a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- By year, Research & Development came in at $460.88 million in FY2024 (+10.2%), $418.09 million in FY2023 (-5.1%), $440.59 million in FY2022 (+3.0%) and $427.61 million in FY2021 (+14.0%).
- The Q3 2026 figure ranks as the highest quarterly Research & Development in data going back to Q2 2009.
- Year over year, Research & Development has now increased in each of the last ten quarters, with growth averaging 17.7% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q2 2026 (growth of 32.0%); the low point was Q3 2023 (a decline of 6.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $156.28 million (Q2 2026), $135.56 million (Q1 2026) and $143.27 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,020.54 Bn | 4,766.00 Bn | 54.82 Bn | 11.73 Bn |
| 2 | Cisco Systems | 371.11 Bn | 307.04 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Arista Networks | 215.34 Bn | 164.54 Bn | 2.33 Bn | 486.90 Mn |
| 4 | Dell Technologies | 212.13 Bn | 167.88 Bn | 9.83 Bn | 1.11 Bn |
| 5 | Sony | 161.14 Bn | 95.68 Bn | 7.96 Bn | - |
| 6 | Sandisk | 122.92 Bn | 107.75 Bn | 9.38 Bn | 384.00 Mn |
| 7 | Seagate Technology Holdings | 105.29 Bn | 100.14 Bn | 2.43 Bn | 200.00 Mn |
| 8 | Western Digital | 96.46 Bn | 86.29 Bn | 2.53 Bn | 283.00 Mn |
| 9 | Hewlett Packard Enterprise | 59.75 Bn | 37.63 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Teradyne | 34.04 Bn | 32.65 Bn | 771.28 Mn | 163.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 163.09 Mn |
| Jun 28, 2026 | 156.28 Mn |
| Mar 29, 2026 | 135.56 Mn |
| Dec 31, 2025 | 143.27 Mn |
| Sep 28, 2025 | 124.76 Mn |
| Jun 29, 2025 | 118.38 Mn |
| Mar 30, 2025 | 118.19 Mn |
| Dec 31, 2024 | 128.39 Mn |
| Sep 29, 2024 | 117.47 Mn |
| Jun 30, 2024 | 111.82 Mn |
| Mar 31, 2024 | 103.20 Mn |
| Dec 31, 2023 | 102.21 Mn |
| Oct 1, 2023 | 104.41 Mn |
| Jul 2, 2023 | 105.71 Mn |
| Apr 2, 2023 | 105.76 Mn |
| Dec 31, 2022 | 108.81 Mn |
| Oct 2, 2022 | 111.72 Mn |
| Jul 3, 2022 | 111.95 Mn |
| Apr 3, 2022 | 108.12 Mn |
| Dec 31, 2021 | 109.97 Mn |
API Access
Teradyne Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TER&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TER", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TER&period=max&api_key=YOUR_API_KEY");
const data = await res.json();