Teradyne, Inc. TER

Revenue Intelligence Report • 8 quarters of SEC filing data • Updated 2026-03-06

Teradyne, Inc. demonstrates a strong correlation between its selling, general, and administrative (SG&A) expenses and revenue growth, with a 1% increase in SG&A leading to a 3.01% rise in revenue, indicating effective investment in operational efficiency. Despite a holdout test showing an 18.9% prediction error, the company maintains a solid model accuracy of 10.7% MAPE, reflecting its potential for reliable forecasting. With a fiscal year revenue forecast of $4 billion, representing a 22% year-over-year increase, the outlook remains positive for investors seeking growth driven by strategic spending. Overall, Teradyne's financial performance is supported by its ability to leverage SG&A investments for substantial revenue gains.

Next FY Revenue
$3.89B
+22.0% YoY
SG&A Elasticity
3.01x
Model Accuracy
10.7% MAPE
Holdout validation: The model predicted $1B vs the actual $1B — an error of 18.9%.
Note: Teradyne, Inc. does not report R&D expenses separately. This analysis uses SG&A spending only.
Investor insight: Actual revenue ($1B) came in 19% above the spending-based forecast ($1B). This suggests that Teradyne, Inc.'s recent revenue growth is driven significantly by external demand factors — such as market pricing, product cycle tailwinds, or structural demand shifts — beyond what its R&D and SG&A spending alone would predict.

Revenue Forecast

TER Revenue Forecast

Quarterly Detail

QuarterModel ForecastActual95% RangeYoY GrowthStatus
Q4 2025 $1B $1B $1B – $1B +16.7% ✓ In range
Q1 2026 $1B $1B – $1B +32.9%
Q2 2026 $1B $1B – $1B +45.9%
Q3 2026 $1B $1B – $2B +29.1%
Q4 2026 $1B $1B – $2B -4.3%

How Spending Drives Revenue

TER Spending Timing
Reading this chart: Each line shows the cumulative elasticity — how a 1% increase in spending translates to revenue growth over subsequent quarters. The effect builds over 4-5 quarters as investments compound.

Want this analysis for your portfolio?

I build custom revenue intelligence reports for investors and companies using SEC filing data, econometric modeling, and AI-powered insights.

Get in Touch

Data sourced from SEC EDGAR XBRL filings. Model: ARDL (log-log) with 8 quarters. This analysis is for informational purposes only and does not constitute investment advice.