TERADYNE, INC

Instruments For Meas & Testing of Electricity & Elec Signals·NORTH READING, MA·FY end 12/31·CIK 97210

CEO Pay Ratio

120:1

Gregory S. Smith

CEO Total Comp

$14.1M

Gregory S. Smith

Median Employee

$117,600

Revenue

$3.2B

FY 2025

Net Income

$554.0M

FY 2025

Free Cash Flow

$450.4M

FY 2025

Net Margin

17.4%

Insider Net (180d)

-$890.1K

0 buys / 6 sales

CEO Pay Accountability

CEO comp as % of net income

2.55%

For every $1,000 of profit, $25.46 flows to the CEO.

CEO comp as % of buybacks

2.01%

CEO comp equals 20.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$3.2B	$2.8B	$2.7B	$3.2B	$3.7B
Gross Profit	$1.9B	$1.6B	$1.5B	$1.9B	$2.2B
Operating Income	$650.1M	$593.8M	$501.1M	$831.9M	$1.2B
Net Income	$554.0M	$542.4M	$448.8M	$715.5M	$1.0B
Operating CF	$674.4M	$672.2M	$585.2M	$577.9M	$1.1B
Capex	$224.0M	$198.1M	$159.6M	$163.2M	$132.5M
Free Cash Flow	$450.4M	$474.1M	$425.6M	$414.7M	$965.9M
Buybacks	$702.1M	$198.6M	$397.2M	$752.1M	$600.0M
Dividends	—	—	—	—	—	—

Gross Margin	58.2%	58.5%	57.4%	59.2%	59.6%
Operating Margin	20.4%	21.1%	18.7%	26.4%	32.4%
Net Margin	17.4%	19.2%	16.8%	22.7%	27.4%
FCF Margin	14.1%	16.8%	15.9%	13.1%	26.1%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	12.1%	9.8%	14.6%	14.9%	12.6%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	155.9%	41.9%	93.3%	181.4%	62.1%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Gregory S. SmithPresident and · CEO	$959.5K	$10.2M	$1.0M	$1.9M	$14.0K	$14.1M
Michelle TurnerVice President, Chief	$118.2K	$7.9M	$680.0K	$369.1K	$210.5K	$9.3M
Shannon PoulinPresident, Semiconductor	$526.6K	$3.1M	$350.0K	$1.8M	$261.3K	$6.0M
Sanjay MehtaVice President, Chief · CFO	$626.6K	$3.4M	$340.0K	$1.0M	$48.0K	$5.4M
Ryan DriscollVice President, General	$457.5K	$1.2M	$120.0K	$637.5K	$14.0K	$2.4M
Regan MillsPresident, Product Test	$306.0K	$550.1K	—	$423.0K	$24.5K	$1.3M
Charles J. Gray	—	—	—	—	—	—