Teradyne Inc.: 10-K Risk Factor Changes

2026 vs 2025  ·  SEC EDGAR  ·  2026-07-05
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Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

17
New Risks
18
Removed
60
Modified
44
Unchanged
🟢 New in Current Filing Severity9/10Det 9

(in millions)

Semiconductor Test $ 2,523.7 $ 2,123.9 $ 399.8 Product Test 358.0 331.1 26.9 Robotics 308.3 364.8 (56.5 ) $ 3,190.0 $ 2,819.9 $ 370.1 The increase in Semiconductor Test revenues of $399.8 million, or 18.8%, was driven primarily by higher sales in compute related to artificial…

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Semiconductor Test $ 2,523.7 $ 2,123.9 $ 399.8 Product Test 358.0 331.1 26.9 Robotics 308.3 364.8 (56.5 ) $ 3,190.0 $ 2,819.9 $ 370.1 The increase in Semiconductor Test revenues of $399.8 million, or 18.8%, was driven primarily by higher sales in compute related to artificial intelligence applications and in Integrated System Test primarily related to system level testers. The decrease in Robotics revenues of $56.5 million, or 15.5%, was primarily due to lower sales of collaborative robotic arms and autonomous mobile robots. The increase in Product Test revenues of $26.9 million, or 8.1%, was primarily due to higher sales of defense and aerospace testing systems. Our reportable segments accounted for the following percentages of consolidated revenues: 2025 2024 Semiconductor Test 79 % 75 % Product Test 11 12 Robotics 10 13 100 % 100 % Revenues by country as a percentage of total revenues were as follows (1): 2025 2024 Taiwan 36 % 21 % China 14 13 Korea 14 25 United States 11 13 Europe 7 9 Malaysia 3 2 Singapore 3 3 Philippines 3 2 Thailand 2 2 Japan 2 6 Rest of the World 4 4 100 % 100 % (1)Revenues attributable to a country are based on the location of the customer site. Revenues attributable to a country are based on the location of the customer site. The breakout of product and service revenues was as follows: 2025 2024

🟢 New in Current Filing (in millions) 🔒
🟢 New in Current Filing (in millions) 🔒
🟢 New in Current Filing (in millions) 🔒
🟢 New in Current Filing Business Combinations 🔒
🟢 New in Current Filing Quantifi Photonics 🔒
🟡 Modified (d) Maximum Number(or Approximate DollarValue) of Shares (orUnits) that may Yet BePurchased Under thePlans or Programs 🔒
🟡 Modified The implementation of tariffs on our products may have a material impact on our business. 🔒
🟢 New in Current Filing Critical Audit Matters 🔒
🟢 New in Current Filing (in thousands) 🔒
🟢 New in Current Filing (in thousands) 🔒
🟢 New in Current Filing (in thousands) 🔒
🟢 New in Current Filing (in thousands) 🔒
🟢 New in Current Filing F. DISPOSITIONS 🔒
🔴 No Match in Current Filing Supply Chain Constraints and Inflationary Pressures 🔒
🟡 Modified Trade regulations and restrictions impact our ability to manufacture certain products and to sell products to and support certain customers, which may materially adversely affect our sales and results of operations. 🔒
🟡 Modified A breach of our operational or security systems could negatively affect our business and results of operations. 🔒
🟡 Modified If we fail to develop new technologies to adapt to our customers’ needs or if our customers fail to accept our new products, our revenues will be adversely affected. 🔒
🟡 Modified Our operating results are likely to fluctuate significantly. 🔒
🟡 Modified Our operations may be adversely impacted if our outsourced contract manufacturers or service providers fail to perform. 🔒
🟡 Modified Years Ended December 31, 🔒
🟢 New in Current Filing Recently Issued Accounting Pronouncements 🔒
🟢 New in Current Filing Year Ended December 31, 2024 🔒
🟢 New in Current Filing Timing of Revenue Recognition 🔒
🟢 New in Current Filing Geographical Market 🔒
🟢 New in Current Filing Geographical Market 🔒
🔴 No Match in Current Filing The Israel-Hamas conflict may have a material impact on our Business 🔒
🔴 No Match in Current Filing (in millions) 🔒
🔴 No Match in Current Filing (in millions) 🔒
🔴 No Match in Current Filing (in millions) 🔒
🔴 No Match in Current Filing Interest Rate Risk Management 🔒
🟡 Modified We may face risks associated with shareholder activism. 🔒
🟡 Modified Our stock price has been subject to fluctuations, and will likely continue to be subject to fluctuations, which may be volatile and due to factors beyond our control. 🔒
🟡 Modified We may incur significant costs of complying with present and future environmental regulations and may incur significant liabilities if we fail to comply with such environmental regulations. 🔒
🟡 Modified (in millions) 🔒
🟡 Modified We are subject to risks associated with doing business in China. 🔒
🟡 Modified C. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS 🔒
🟡 Modified Restrictive covenants in the agreement governing our senior secured revolving credit facility may restrict our ability to pursue business strategies. 🔒
🟡 Modified (in millions) 🔒
🟡 Modified Income Taxes 🔒
🟡 Modified (in millions) 🔒
🟡 Modified (in millions) 🔒
🔴 No Match in Current Filing Our business is impacted by global and industry-specific economic cycles, which are difficult to predict, and actions we have taken or may take to offset these cycles may not be sufficient. 🔒
🔴 No Match in Current Filing We are subject to intense competition. 🔒
🔴 No Match in Current Filing We may face risks associated with shareholder activism. 🔒
🔴 No Match in Current Filing Equity Method Investments 🔒
🔴 No Match in Current Filing Convertible Debt 🔒
🔴 No Match in Current Filing SHAREHOLDERS’ EQUITY 🔒
🔴 No Match in Current Filing Year Ended December 31, 2021 🔒
🔴 No Match in Current Filing Property, Plant and Equipment 🔒
🟡 Modified We are subject to risks of operating internationally. 🔒
🟡 Modified Government Regulations 🔒
🟡 Modified Exchange Rate Risk Management 🔒
🟡 Modified Translation of Non-U.S. Currencies 🔒
🟡 Modified (in millions) 🔒
🟡 Modified (in thousands) 🔒
🟡 Modified Number of securities remainingavailable for future issuanceunder equity compensationplans (excluding securitiesreflected in column one) (2) 🔒
🟡 Modified (in millions) 🔒
🟡 Modified Interest Rate Risk Management 🔒
🟡 Modified Income Taxes 🔒
🟡 Modified Definition and Limitations of Internal Control over Financial Reporting 🔒
🟡 Modified SHAREHOLDERS’ EQUITY 🔒
🟡 Modified Automated Test Equipment Technology 🔒
🟡 Modified Goodwill, Intangible and Long-Lived Assets 🔒
🔴 No Match in Current Filing Year Ended December 31, 2024 🔒
🔴 No Match in Current Filing Geographical Market 🔒
🔴 No Match in Current Filing Timing of Revenue Recognition 🔒
🔴 No Match in Current Filing Geographical Market 🔒
🟡 Modified Financial Assets and Financial Liabilities 🔒
🟡 Modified We have incurred indebtedness and may incur additional indebtedness. 🔒
🟡 Modified We may not fully realize the benefits of our acquisitions or strategic alliances. 🔒
🟡 Modified Retirement Plans 🔒
🟡 Modified Retirement and Postretirement Plans 🔒
🟡 Modified We may discontinue or reduce our quarterly cash dividend or share repurchase program. 🔒
🟡 Modified The market for our products is concentrated, and our business depends, in part, on obtaining orders from a few significant customers. 🔒
🟡 Modified Year Ended December 31, 2025 🔒
🟡 Modified Disaggregation of Revenue 🔒
🟡 Modified Prepayments 🔒
🟡 Modified We may incur higher tax rates than we expect and may have exposure to additional international tax liabilities and costs. 🔒
🟡 Modified (in thousands, except per share amount) 🔒
🟡 Modified (in thousands, except per share amount) 🔒
🟡 Modified Equity Compensation Plans 🔒
🟡 Modified A. THE COMPANY 🔒
🟡 Modified Comparative Stock Performance Graph 🔒
🟡 Modified NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 🔒
🟡 Modified Comprehensive Income 🔒
🟡 Modified Restructuring and Other 🔒
🟡 Modified LIABILITIES 🔒
🟡 Modified Adverse developments affecting the financial services industry, including events or risks involving liquidity, defaults or non-performance by financial institutions, could have a material adverse effect on our business, financial condition or results of operations. 🔒
🟡 Modified Preparation of Financial Statements and Use of Estimates 🔒
🟡 Modified Timing of Revenue Recognition 🔒
🟡 Modified Timing of Revenue Recognition 🔒
🟡 Modified Net Income per Common Share 🔒
🟡 Modified Foreign currency exchange rates and fluctuations in those rates may affect the Company’s ability to realize projected growth rates in its sales and earnings. 🔒
🟡 Modified Geographical Market 🔒
94 more changes in this filing

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