Company / Operating Margin
Teradyne Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
20.4%
FY2025
5-year range
18.7% / 29.7%
FY2021-FY2025
Trend
-3.2%
vs FY2024
Sector context
#45 of 285
Information Technology
What the data says
Teradyne's operating margin of 20.4% is higher than 84% of companies in the Information Technology sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from -3.6% in FY2018 to 29.7% in FY2022.
Based on SEC 10-K filings.
20.4% in FY2025 with a 5-year CAGR of -2.2%. Top quartile in the Information Technology sector.
Improved from 18.7% to 20.4% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -9.4pp
- 5-Year Change
- -2.2pp
- 10-Year Change
- -
Sector benchmark
+109.6% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 3.2% year-over-year.
- Currently 231.9pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2022.
- Lowest operating margin in the period was in FY2018.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 20.4% | -3.2% |
| FY2024 | 21.1% | +12.5% |
| FY2023 | 18.7% | -37.1% |
| FY2022 | 29.7% | +23.3% |
| FY2021 | 24.1% | +7.0% |
| FY2020 | 22.6% | -8.3% |
| FY2019 | 24.6% | +785.0% |
| FY2018 | -3.6% | -124.2% |
| FY2017 | 14.8% | +153.3% |
| FY2016 | 5.9% | -56.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026