Teradyne, Inc. (TER) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 265.12M | 281.64M | 49.05M | 182.09M | 161.64M | 282.56M | 166.27M | 216.07M | 7.28M | 248.78M | 174.35M | 142.77M | 19.34M | 183.4M | 271.6M | 115.45M | 7.46M | 331.28M | 522.66M | 206.28M |
| Operating CF Margin % | 20.67% | 26% | 6.38% | 27.94% | 23.57% | 37.53% | 22.55% | 29.6% | 1.21% | 37.1% | 24.77% | 20.86% | 3.13% | 25.06% | 32.84% | 13.73% | 0.99% | 37.43% | 54.99% | 19% |
| Operating CF Growth % | 64.02% | -0.33% | -70.5% | -15.73% | 2120.59% | 13.58% | -4.63% | 51.34% | -62.36% | 35.65% | -35.81% | 23.66% | 159.13% | -44.64% | -48.03% | -44.03% | -80.43% | 27.21% | 52.6% | -7.45% |
| Net Income | 398.91M | 257.22M | 119.56M | 78.37M | 98.9M | 146.25M | 145.65M | 186.27M | 64.2M | 117.05M | 128.12M | 120.05M | 83.53M | 172.3M | 183.49M | 197.79M | 161.93M | 230.28M | 256.72M | 328.32M |
| Depreciation & Amortization | 32.46M | 35.77M | 30.16M | 31.05M | 30.1M | 31.15M | 30.3M | 30.24M | 28.05M | 27.91M | 28.35M | 27.38M | 27.48M | 27.53M | 28.17M | 26.83M | 27.57M | 28.37M | 27.37M | 27.34M |
| Stock-Based Compensation | 0 | 16.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | -7.78M | 0 | -14.1M | -7.19M | -7.81M | -20.1M | -9.43M | -7.16M | -9.67M | -13.62M | -10.46M | -5.94M | -7.63M | -10.32M | -4.78M | -34.88M | 11.29M | -6.57M | -9.93M | 257K |
| Other Non-Cash Items | 36.99M | -3.84M | 23.64M | 25.86M | 32.79M | 25.56M | 10.22M | -36.5M | 33.26M | 7.77M | 25.96M | 16.42M | 22.49M | -5.27M | 27.4M | 24.64M | 16.83M | 10.28M | 42.59M | 14.85M |
| Working Capital Changes | -195.46M | -23.96M | -110.21M | 54M | 7.66M | 99.69M | -10.47M | 43.22M | -108.56M | 109.66M | 2.38M | -15.14M | -106.53M | -839K | 37.32M | -98.92M | -210.15M | 68.92M | 205.91M | -164.48M |
| Change in Receivables | -322.02M | -180.47M | -161.28M | 36.44M | 13.05M | 12.61M | -11.05M | -46.16M | -8.05M | 40.79M | 32.88M | -39.9M | 37.2M | 46.38M | 150.63M | -146.59M | 208K | 45.52M | 269.4M | -285.19M |
| Change in Inventory | 20.83M | 6.19M | -10.91M | 7.34M | -31.05M | -2.42M | -5.97M | 24.03M | -6.93M | -1.07M | 20.24M | 9.85M | -23.7M | -11.99M | -22.14M | -37.2M | -9.48M | -15.45M | 2.04M | 55.78M |
| Change in Payables | -15.03M | 87.4M | 104.31M | 27.09M | -9.95M | 9.28M | -10.66M | 52.54M | -105.55M | 42.78M | 28.51M | 58.69M | -83.21M | 11.18M | -28.07M | 80.77M | -124.38M | 64.44M | -21.73M | 97.36M |
| Cash from Investing | -67.29M | -60.93M | -67.45M | -178.46M | -61.77M | -67.46M | -49.8M | -481.07M | -24.02M | -30.42M | -27.54M | -26.82M | -94.86M | -1.69M | 99.78M | 28.38M | -82.71M | -35.72M | 63.8M | 87.61M |
| Capital Expenditures | -64.73M | -62.89M | -46.69M | -50.41M | -64.02M | -57.38M | -51.84M | -44.85M | -44.02M | -44.34M | -34.6M | -39.26M | -41.44M | -34.58M | -38.93M | -45.74M | -44M | -29.31M | -29.2M | -34.71M |
| CapEx % of Revenue | 5.05% | 5.8% | 6.07% | 7.73% | 9.34% | 7.62% | 7.03% | 6.14% | 7.34% | 6.61% | 4.92% | 5.74% | 6.71% | 4.72% | 4.71% | 5.44% | 5.82% | 3.31% | 3.07% | 3.2% |
| Acquisitions | 0 | 0 | 0 | -127.38M | -17M | 0 | 3.18M | 87.17M | 0 | 0 | 0 | 0 | 0 | 3.41M | 0 | 0 | 0 | 0 | 0 | -12M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -1K | 0 | 0 | 0 | 0 | 0 | 0 | 873K | 0 | -5M | 0 | 460K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -250.22M | -200.84M | -47.79M | -136.8M | -176.81M | -163.21M | -29.28M | -22.61M | -36.67M | -91.1M | -127.61M | -153.69M | -129.5M | -34.15M | -232.06M | -372.15M | -254.63M | -251.24M | -461.45M | -169.24M |
| Debt Issued (Net) | -200M | 0 | 200M | 0 | 0 | 0 | 0 | 0 | 0 | -23.53M | -9.28M | -2.3M | -15.15M | -14.75M | -9.71M | -21.6M | -20.69M | -40.99M | -235.17M | -15.55M |
| Equity Issued (Net) | 9.58M | -166.4M | -228.8M | -102.67M | -157.41M | -143.72M | -9.72M | -3.61M | -18.3M | -50.78M | -101.44M | -134.37M | -97.18M | -2.27M | -205.21M | -333M | -216.04M | -193.98M | -209.84M | -137.08M |
| Dividends Paid | -20.36M | -18.74M | -18.99M | -19.18M | -19.41M | -19.49M | -19.57M | -19M | -18.37M | -16.8M | -16.9M | -17.02M | -17.16M | -17.13M | -17.14M | -17.55M | -17.89M | -16.27M | -16.44M | -16.6M |
| Share Repurchases | -5.52M | -183.44M | -243.78M | -117.4M | -157.47M | -143.52M | -24.75M | -8.19M | -22.12M | -50.75M | -118.65M | -134.54M | -93.31M | -2.08M | -217.2M | -331.33M | -201.47M | -193.82M | -209.6M | -151.4M |
| Other Financing | -39.44M | -15.7M | 0 | -14.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -51.81M | 21.05M | -66.55M | -136.38M | -77.72M | 43.32M | 88.13M | -285.5M | -50.17M | 120.61M | 23.75M | -36M | -205.56M | 144.03M | 138.72M | -222.58M | -327.6M | 42.74M | 125.01M | 123.29M |
| Free Cash Flow | 200.39M | 218.75M | 2.36M | 131.68M | 97.62M | 225.17M | 114.43M | 171.22M | -36.74M | 204.44M | 139.74M | 103.51M | -22.11M | 148.82M | 232.68M | 69.71M | -36.54M | 301.97M | 493.45M | 171.58M |
| FCF Margin % | 15.63% | 20.19% | 0.31% | 20.2% | 14.24% | 29.91% | 15.52% | 23.46% | -6.13% | 30.49% | 19.86% | 15.12% | -3.58% | 20.34% | 28.13% | 8.29% | -4.84% | 34.12% | 51.92% | 15.8% |
| FCF Growth % | 105.29% | -2.85% | -97.94% | -23.09% | 365.67% | 10.14% | -18.11% | 65.42% | -66.2% | 37.37% | -39.94% | 48.48% | 39.49% | -50.72% | -52.85% | -59.37% | -3188.66% | 35.83% | 76.45% | -2.28% |
| FCF per Share | 1.27 | 1.39 | 0.01 | 0.82 | 0.60 | 1.38 | 0.70 | 1.05 | -0.23 | 1.26 | 0.85 | 0.63 | -0.13 | 0.90 | 1.40 | 0.41 | -0.21 | 1.70 | 2.71 | 0.92 |
| FCF Conversion (FCF/Net Income) | 0.66x | 1.09x | 0.41x | 2.32x | 1.63x | 1.93x | 1.14x | 1.16x | 0.11x | 2.13x | 1.36x | 1.19x | 0.23x | 1.06x | 1.48x | 0.58x | 0.05x | 1.48x | 2.04x | 0.63x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |