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TERADYNE, INC

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 19, 2026

TER$246.00+12.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

INDEX

Page No.
PART I.
Item 1.Business2
Item 1A.Risk Factors9
Item 1B.Unresolved Staff Comments20
Item 1C.Cybersecurity20
Item 2.Properties22
Item 3.Legal Proceedings22
Item 4.Mine Safety Disclosure22
PART II.
Item 5.Market for Registrant’s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities23
Item 6.(Reserved)23
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operation24
Item 7A.Quantitative and Qualitative Disclosures about Market Risk35
Item 8.Financial Statements and Supplementary Data37
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure90
Item 9A.Controls and Procedures90
Item 9B.Other Information90
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections91
PART III.
Item 10.Directors, Executive Officers and Corporate Governance92
Item 11.Executive Compensation92
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters92
Item 13.Certain Relationships and Related Transactions, and Director Independence92
Item 14.Principal Accountant Fees and Services92
PART IV.
Item 15.Exhibits and Financial Statement Schedule93
Signatures100

FORM 10-K

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K contains “forward-looking statements” regarding Teradyne's future business prospects, financial performance or position and results of operations. When used herein, the words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “goal,” or other comparable terms are intended to identify forward-looking statements although not all forward-looking statements contain these identifying words. Forward-looking statements involve risks and uncertainties, including, but not limited to, those discussed in the section entitled “Risk Factors” of this Annual Report on Form 10-K and elsewhere, and in our other filings with the Securities and Exchange Commission (“SEC”). Readers are cautioned not to place undue reliance on these forward-looking statements which reflect management’s analysis only as of the date hereof and are subject to risks and uncertainties that could cause actual results to differ materially from those stated or implied. Teradyne assumes no obligation to update these forward-looking statements for any reason, except as may be required by law.

Part I

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.