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Teradyne (TER) operating margin by quarter

Teradyne's operating margin was 30.8% in Q3 2026 (third quarter 2026), -2.2 pts from Q2 2026. Over the last 7 quarters it ranged from 13.9% (Q2 2025) to 36.9% (Q1 2026).

Teradyne operating margin by quarterTeradyne operating margin by quarter17.6%Q1 202513.9%Q2 202518.9%Q3 202527.1%Q4 202536.9%Q1 202632.9%Q2 202630.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202630.8%-2.2 pts+11.9 pts
Q2 202632.9%-3.9 pts+19.0 pts
Q1 202636.9%+9.8 pts+19.3 pts
Q4 202527.1%+8.2 pts—
Q3 202518.9%+5.0 pts—
Q2 202513.9%-3.7 pts—
Q1 202517.6%——

Q3 2026 at a glance

Teradyne, Q3 2026: revenue $1.3B (+70% year over year), operating margin 30.8%, net earnings $342M, operating cash flow $314M. The chart follows the revenue to costs, profit and cash.

Questions

What is Teradyne's operating margin?

Teradyne's operating margin was 30.8% in Q3 2026 (third quarter 2026), -2.2 pts from Q2 2026.

How has Teradyne's operating margin changed?

Over the last 7 quarters it ranged from 13.9% (Q2 2025) to 36.9% (Q1 2026).

Q3 2026 results → · How Teradyne makes money →