v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 28, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 349,538 $ 293,751
Marketable securities 5,291 28,247
Accounts receivable, less allowance for credit losses of $2,835 and $2,410 at June 28, 2026 and December 31, 2025, respectively 1,109,711 786,913
Inventories, net 403,297 379,552
Prepayments 468,174 427,564
Other current assets 30,011 33,273
Total current assets 2,366,022 1,949,300
Property, plant and equipment, net 634,839 562,999
Operating lease right-of-use assets, net 94,302 76,635
Marketable securities 162,274 126,256
Deferred tax assets 289,582 275,265
Retirement plans assets 12,140 12,059
Equity method investment 514,957 537,098
Other assets 85,774 71,697
Acquired intangible assets, net 101,910 51,271
Goodwill 663,817 521,019
Total assets 4,925,617 [1] 4,183,599
Current liabilities:    
Accounts payable 383,422 269,185
Accrued employees' compensation and withholdings 220,690 254,973
Deferred revenue and customer advances 193,840 153,124
Other accrued liabilities 133,399 111,845
Operating lease liabilities 17,258 19,340
Short-term debt 0 200,000
Income taxes payable 164,907 106,740
Total current liabilities 1,113,516 1,115,207
Retirement plans liabilities 151,436 144,874
Long-term deferred revenue and customer advances 62,985 50,888
Deferred tax liabilities 12,929 5,378
Long-term other accrued liabilities 28,569 7,601
Long-term operating lease liabilities 82,869 63,899
Total liabilities 1,452,304 1,387,847
Commitments and contingencies (Note R)
EQUITY    
Common stock, $0.125 par value, 1,000,000 shares authorized; 156,378 and 156,088 shares issued and outstanding at June 28, 2026, and December 31, 2025, respectively 19,547 19,511
Additional paid-in capital 2,003,232 1,989,911
Accumulated other comprehensive loss (gain) 10,756 41,895
Retained earnings 1,403,627 744,435
Total Teradyne shareholders' equity 3,437,162 2,795,752
Equity attributable to noncontrolling interests 36,151
Total equity 3,473,313 2,795,752
Total liabilities and equity $ 4,925,617 $ 4,183,599
[1] Total assets are attributable to each segment. Corporate assets consist of cash and cash equivalents, marketable securities, and certain other assets.