Teradyne, Inc
TERQ1 2025(TER Q4 FY2024)Estimated10% AI
AI Revenue %
10%
AI Fair Value
$2.7B
AI Revenue (Q)
$75.3M
Total Revenue (Q)
$752.9M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
From FY2024 10-K: Total annual revenue = $2,800.3M (Products $1,934.5M + Services $865.8M estimated from income statement). 9-month total = $2,067.0M, so Q4 = ~$733.3M. From 10-K annual restated segment data and Q1 FY2025 comparative: FY2024 Semi Test annual is approximately $2,100M (derived from 9-month $1,563.2M + estimated Q4 ~$537M). Memory demand remains strong for HBM. Applying same methodology as Q3: ~10% AI revenue estimate maintained. The 10-K explicitly names 'AI/ML training, high performance computing' as devices tested.
Analyzed by claude-opus-4-6
Quoted Figures
Semiconductor devices span a broad range of functionality, from very simple low-cost devices... to complex digital signal processors, Artificial Intelligence/Machine Learning (AI/ML) training, high performance computing and microprocessors as well as memory devices
10-K FY2024, Item 1 Business
In 2024, we saw strength in our Semiconductor Test business, with memory and compute offerings growing considerably compared to 2023
10-K FY2024, Item 1 Business
We expect mobile, automotive, and industrial will grow in 2025 and that recent advancements in AI inference may help mid-term recovery in these markets
10-K FY2024, Item 1 Business
AI Products Identified (Ring 1)
UltraFLEX Plus (AI GPU/HPC test)Magnum V (HBM test)Magnum EV (DDR5 memory test)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
FLEX Test PlatformJ750
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix