v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 27, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 460,742 $ 293,751
Marketable securities 5,847 28,247
Accounts receivable, less allowance for credit losses of $2,773 and $2,410 at September 27, 2026 and December 31, 2025, respectively 1,110,798 786,913
Inventories, net 574,992 379,552
Prepayments 613,658 427,564
Other current assets 24,185 33,273
Total current assets 2,790,222 1,949,300
Property, plant and equipment, net 679,603 562,999
Operating lease right-of-use assets, net 121,652 76,635
Marketable securities 158,276 126,256
Deferred tax assets 311,092 275,265
Retirement plans assets 12,240 12,059
Equity method investment 518,559 537,098
Other assets 97,111 71,697
Acquired intangible assets, net 96,662 51,271
Goodwill 663,776 521,019
Total assets 5,449,193 [1] 4,183,599
Current liabilities:    
Accounts payable 516,967 269,185
Accrued employees' compensation and withholdings 261,288 254,973
Deferred revenue and customer advances 211,683 153,124
Other accrued liabilities 146,332 111,845
Operating lease liabilities 17,061 19,340
Short-term debt 0 200,000
Income taxes payable 188,105 106,740
Total current liabilities 1,341,436 1,115,207
Retirement plans liabilities 152,910 144,874
Long-term deferred revenue and customer advances 58,342 50,888
Deferred tax liabilities 10,841 5,378
Long-term other accrued liabilities 28,649 7,601
Long-term operating lease liabilities 120,054 63,899
Total liabilities 1,712,232 1,387,847
Commitments and contingencies (Note R)
Redeemable noncontrolling interests 49,065 0
EQUITY    
Common stock, $0.125 par value, 1,000,000 shares authorized; 156,150 and 156,088 shares issued and outstanding at September 27, 2026, and December 31, 2025, respectively 19,519 19,511
Additional paid-in capital 2,043,937 1,989,911
Accumulated other comprehensive (loss) gain 5,538 41,895
Retained earnings 1,618,902 744,435
Total Teradyne shareholders' equity 3,687,896 2,795,752
Total liabilities, redeemable noncontrolling interests, and equity $ 5,449,193 $ 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.