TER Teradyne margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 98

Gross margin

59.3%

Operating margin

32.1%

EBITDA margin

34.8%

Net margin

27.5%

The Teradyne shows a gross margin of 59.3%, an operating margin of 32.1%, an EBITDA margin of 34.8%, and a net margin of 27.5%. All reported margins improved year over year, led by operating margin with an increase of 14.2 percentage points.

TER margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Teradyne's margins averaged 58.4% gross, 22.22% operating, 26.41% EBITDA, and 19.54% net. All four current margins are above their three-year averages.

TER margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with operating margin showing the largest gain at 14.2 percentage points.

Gross margin expansion

0.4pp

Operating margin expansion

14.2pp

EBITDA margin expansion

12.9pp

Net margin expansion

12pp

TER Gross margin

Looking back over the last 3 years, Teradyne recorded an average gross margin of 58.4%. Against its three-year average, Teradyne's gross margin is currently 59.3%, 0.9 percentage points above its three-year average. The highest gross margin for Teradyne was 59.4% in Mar 2025, while the lowest was 57.1% in Jun 2024.

TER Operating margin

The average operating margin for Teradyne was 22.22% over the last 3 years. At present, the current operating margin for Teradyne is 32.1%, 9.9 percentage points above its three-year average. The operating margin for Teradyne moved between 17.9% in Sep 2025 and 32.1% in Sep 2026.

TER EBITDA margin

Teradyne recorded an average EBITDA margin of 26.41% across the last 3 years. Teradyne currently reports an EBITDA margin of 34.8%, 8.4 percentage points above its three-year average. EBITDA margin was highest at 34.8% in Sep 2026 and lowest at 21.9% in Sep 2025.

TER Net margin

The average net margin for Teradyne was 19.54% over the last 3 years. As of the latest period, the current net margin for Teradyne is 27.5%, 8 percentage points above its three-year average. The net margin for Teradyne moved between 15.5% in Sep 2025 and 27.5% in Sep 2026.

TER margin group comparison

Margins compared with peer-group, industry and sector averages

Teradyne's gross margin of 59.3% is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 52.4%, Teradyne's gross margin is 13% higher.

TER margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Teradyne's gross margin?

The current gross margin for TER is 59.3% as of Sep 27, 2026.

What is Teradyne's operating margin?

As of Sep 27, 2026, TER has an operating margin of 32.1%.

What is Teradyne's EBITDA margin?

The current EBITDA margin for TER is 34.8% as of Sep 27, 2026.

What is Teradyne's net margin?

For the period ending Sep 27, 2026, TER recorded a net margin of 27.5%.

What are the average margins of TER?

Teradyne's gross, operating, EBITDA, and net margins averaged 58.4% gross, 22.2% operating, 26.4% EBITDA, and 19.5% net over the last 3 years.

What are the highest historical margins of TER?

Over this 5-year history, TER peaked at 60% gross in Jul 2022, 32.4% operating in Dec 2021, 35.2% EBITDA in Dec 2021, and 27.5% net in Sep 2026.

What are the lowest historical margins of TER?

Looking back across 5 years, TER reached its lowest margins at 57.1% gross in Jun 2024, 17.9% operating in Sep 2025, 21.9% EBITDA in Sep 2025, and 15.5% net in Sep 2025.