Every 8-K that Teradyne (TER) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TER and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TER filings page.
Teradyne, Inc. entered into a new Credit Agreement with PNC Bank, National Association and a syndicate of lenders providing a five-year, senior secured revolving credit facility of $1.0 billion. Proceeds may be used for working capital and general corporate purposes, and no amounts are currently outstanding.
Loans under the facility bear interest, at Teradyne’s option, at a base rate plus a margin of 0.00%–0.75% per year or SOFR plus 1.00%–1.75% per year, depending on the consolidated leverage ratio, with reduced margins of up to 0.50% over base or 1.50% over SOFR during an Investment Grade Suspension Period. Teradyne will also pay a commitment fee of 0.125%–0.225% per year on unused commitments, or 0.10%–0.20% during an Investment Grade Suspension Period.
The facility is guaranteed by certain wholly owned domestic subsidiaries and secured by Teradyne’s and such subsidiaries’ assets, including a pledge of 65% of the capital stock of certain foreign subsidiaries. Financial covenants include a maximum consolidated leverage ratio of 3.50:1.00 (temporarily 4.00:1.00 following large acquisitions) and, outside an Investment Grade Suspension Period, a minimum interest coverage ratio of 2.50:1.00. Collateral, guarantees and certain restrictive covenants are suspended upon achieving specified investment grade ratings and can be reinstated if ratings are later downgraded.
Teradyne reported second-quarter 2026 revenue of $1,329 million, its second consecutive record quarter and up 104% year over year. GAAP net income attributable to Teradyne was $374.5 million, or $2.38 per diluted share, while non-GAAP net income was $389.0 million, or $2.47 per share. Semiconductor Test contributed $1,122 million of revenue, Product Test $107 million, and Robotics $100 million, reflecting broad strength across all three business groups.
For the first half of 2026, revenue reached $2,611.5 million with GAAP diluted EPS of $4.91. Operating cash flow in Q2 was $469.1 million, supporting acquisitions and share repurchases while ending cash and cash equivalents at $349.5 million and eliminating $200 million of short-term debt. Guidance for Q3 2026 calls for revenue of $1,200 million to $1,300 million, GAAP EPS of $1.79 to $2.09, and non-GAAP EPS of $1.85 to $2.15, with management citing robust AI-related demand and expanded wafer fab investment.
Teradyne, Inc. reported the results of its 2026 annual meeting of shareholders. All nine nominated directors were elected, each receiving over 110 million votes in favor, with broker non-votes of 12,498,100 reported for each nominee.
Shareholders approved the advisory, non-binding resolution on 2025 executive compensation with 114,418,444 votes for, 4,732,467 against, and 343,972 abstentions. They also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 123,853,458 votes for and 8,094,829 against.
Teradyne reported record first-quarter 2026 results, well above its guidance, driven by surging AI-related demand. Revenue reached $1.282 billion, up 87% from Q1 2025, with GAAP earnings of $2.53 per diluted share and non-GAAP earnings of $2.56 per share, both rising sharply year over year.
Semiconductor Test contributed $1.111 billion of revenue, Robotics $91 million, and Product Test $80 million. GAAP net income was $398.9 million, and gross margin was strong at $780.9 million of gross profit. Management noted that about 70% of revenue is tied to AI-related demand across compute and memory markets.
For the second quarter of 2026, Teradyne guides revenue between $1.150 billion and $1.250 billion, with GAAP EPS of $1.83 to $2.12 and non-GAAP EPS of $1.86 to $2.15. The company generated $265.1 million of operating cash flow in the quarter and declared a $0.13 per-share dividend.
Teradyne, Inc. filed a current report to note that it released financial results for the fourth quarter ended December 31, 2025. The company issued a press release on February 2, 2026 summarizing its operations and financial condition for that period, attached as Exhibit 99.1.
The filing is primarily administrative, formally furnishing the earnings press release and related interactive data as part of Teradyne’s ongoing disclosure obligations to investors.
Teradyne, Inc. filed a current report to note that it has released its financial results for the third quarter ended September 28, 2025. The company issued a press release on October 28, 2025 describing its results of operations and financial condition for that quarter.
The press release is included as Exhibit 99.1 to this report, and the filing also includes the cover page interactive data file as Exhibit 104.
Teradyne (TER) appointed Michelle Turner as Vice President, Chief Financial Officer, and Treasurer, effective November 3, 2025. She will serve as principal financial officer and principal accounting officer. Sanjay Mehta will remain as an executive advisor with compensation unchanged.
Turner’s compensation includes a $640,000 annual base salary and an annual cash incentive bonus with a target equal to 100% of base salary. On November 3, 2025, she will receive an equity award valued at $6,800,000 at target, comprising time-based RSUs, performance-based RSUs, and non-qualified stock options. One-time cash payments include a $200,000 sign-on bonus and $150,000 for relocation.
Her change-of-control agreement provides two years of severance at the annual Model Compensation rate, a prorated target bonus for the year of termination, full accelerated vesting of equity awards (performance awards at target), and two years of continued health, dental, and vision coverage, without a tax gross-up.
Teradyne, Inc. disclosed terms related to an executive separation and upcoming filings. The executive will remain subject to non-compete, non-solicitation and non-disparagement covenants for 12 months following his last day of employment, provided he complies with those restrictions. He is also eligible for a pro-rated 2025 annual cash bonus based on actual performance, which the company expects to pay in early 2026. The company references a Form 10-Q for the quarter ended September 28, 2025, and the document is signed by Ryan E. Driscoll, V.P., General Counsel and Secretary.
Teradyne (NASDAQ:TER) filed an 8-K reporting the election of Necip Sayiner and Drew Henry as independent directors, effective July 1 2025. Sayiner joins the Audit Committee; Henry joins the Compensation and Nominating & Corporate Governance Committees. The Board confirmed both satisfy SEC/Nasdaq independence rules and disclosed no related-party transactions. Compensation will follow the standard non-employee director program detailed in the March 28 2025 proxy. A press release (Exhibit 99.1) was issued under Regulation FD. No changes to strategy, guidance, or executive management were disclosed.
On June 20, 2025, Teradyne, Inc. (Nasdaq: TER) filed a Form 8-K to disclose that its Board adopted Amended and Restated By-Laws effective immediately. The revision represents a material modification to shareholder rights (Item 3.03) and an amendment to governing documents (Item 5.03).
Main governance updates:
- Extends the advance-notice window for director nominations and shareholder proposals to 90-120 days before the anniversary of the prior annual meeting (was 60-90 days).
- Enhances procedural, notice and information requirements for shareholder nominations, proposals and proxy-access submissions.
- Clarifies use of a plurality voting standard in contested board elections.
- Defines the chairperson’s authority to conduct shareholder meetings.
- Implements assorted administrative, modernizing and conforming edits.
Consequently, for Teradyne’s 2026 annual meeting, shareholders must deliver compliant notices between 5:00 p.m. ET on January 9 and February 8 2026, unless the meeting date shifts by more than 30 days, in which case different deadlines apply.
The full text of the amended By-Laws is filed as Exhibit 3.1; no financial statements, earnings metrics or transaction details accompany this report.