Teradyne, Inc. (TER) Financial Statements (2024 and earlier)

Company Profile

Business Address 600 RIVERPARK DRIVE
NORTH READING, MA 01864
State of Incorp. MA
Fiscal Year End December 31
Industry (SIC) 3825 - Instruments for Measuring and Testing of Electricity and Electrical Signals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8551,1229147749271,778
Cash and cash equivalents8551,122914774927430
Short-term investments      1,348
Receivables491551498362291273
Inventory, net of allowances, customer advances and progress billings325243222197154108
Inventory325243222197154108
Prepaid expense533406250177163108
Other current assets149    
Other undisclosed current assets402445321491984
Total current assets:2,2582,5762,4151,6591,7322,270
Noncurrent Assets
Operating lease, right-of-use asset74695558
Property, plant and equipment419387395320280268
Long-term investments and receivables      126
Long-term investments      126
Intangible assets, net (including goodwill)457502555542507331
Goodwill403426454416382252
Intangible assets, net (excluding goodwill)537610112512579
Deferred income tax assets14310288 
Other noncurrent assets29249101212
Other undisclosed noncurrent assets123149135198175102
Total noncurrent assets:1,2431,2331,2371,128974839
TOTAL ASSETS:3,5013,8093,6522,7872,7073,110
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities529620512406364346
Taxes payable8981443659
Employee-related liabilities254220164149142
Accounts payable14015313412710186
Accrued liabilities39012478717859
Debt50193319  
Liability for uncertainty in income taxes      
Business combination, contingent consideration, liability    93524
Other undisclosed current liabilities1671661551057884
Total current liabilities:746805701539476454
Noncurrent Liabilities
Long-term debt and lease obligation  145419441380366
Long-term debt, excluding current maturities  89377395380366
Liabilities, other than long-term debt300289311313295336
Deferred revenue and credits30
Accounts payable and accrued liabilities758394102121158
Deferred revenue45555846
Deferred tax liabilities, net217
Liability, pension and other postretirement and postemployment benefits116151151134117120
Operating lease, liability64564246
Business combination, contingent consideration, liability   7313621
Other undisclosed noncurrent liabilities36111433 
Total noncurrent liabilities:304440741768708702
Total liabilities:1,0501,2451,4421,3071,1841,156
Temporary equity, carrying amount  24   
Equity
Equity, attributable to parent, including:2,4512,5622,2071,4801,5221,954
Common stock192021212224
Treasury stock, value(1,352)(600)(89)(1,323)(824)(200)
Additional paid in capital1,7561,8121,7651,7201,6721,638
Accumulated other comprehensive income (loss)(50)(6)34(19)(13)19
Retained earnings (accumulated deficit)726737387(242)(158)272
Other undisclosed equity, attributable to parent1,352600891,323824200
Total equity:2,4512,5622,2071,4801,5221,954
TOTAL LIABILITIES AND EQUITY:3,5013,8093,6522,7872,7073,110

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues3,1553,7033,1212,2952,1012,137
Revenue, net2,137
Cost of revenue
(Cost of Goods and Services Sold)
(1,288)(1,496)(1,336)(955)(880)(913)
Gross profit:1,8672,2071,7861,3401,2201,224
Operating expenses(1,035)(1,006)(857)(786)(747)(694)
Operating income:8321,201928554474530
Nonoperating income (expense)12(22)(6)(3)2814
Investment income, nonoperating636252719
Gain (loss), foreign currency transaction, before tax   (3)22(3)
Other nonoperating income (expense)6(25)(9)(30)(1)(2)
Interest and debt expense(4)(18)(24)(23)(31)(22)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   3(2)(2)2
Income from continuing operations before income taxes:8401,161901526468524
Income tax expense(125)(146)(117)(58)(16)(267)
Income from continuing operations:7161,015784467452258
Income before gain (loss) on sale of properties:1,015784467452258
Net income available to common stockholders, diluted:7161,015784467452258

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:7161,015784467452258
Other comprehensive income (loss)(44)(39)52(6)(29)39
Comprehensive income, net of tax, attributable to parent:672975837462422297

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: