TER · 10-Q · 2026Q3 · Full report

Supply Chain And Inventory

TERADYNE, INC · 2026-10-30 · Importance 25 · Surprise 6 · No source text

During the first nine months of 2026, Teradyne’s inventory increased by $178.8 million. The filing attributes the broader increase in operating assets primarily to higher accounts receivable, prepayments and other assets, and inventories. It does not identify a specific supply constraint, lead-time issue, or inventory-related customer impact.

Key facts

• During the nine months ended September 27, 2026, Teradyne's operating assets increased by $706.5 million, including increases of $302.7 million in accounts receivable, $224.9 million in prepayments and other assets, and $178.8 million in inventories. source
• Teradyne's trade-compliance program may not identify or prevent all potential violations, and gaps could result in fines, penalties, or other sanctions. source
• Future changes in laws, regulations, or government policies could lead to material costs that may materially adversely affect Teradyne's future business or prospects. source
• Teradyne incurred non-material costs complying with trade regulations for the nine months ended September 27, 2026, but compliance with these laws has limited its ability to compete in certain regions. source
• Teradyne does not expect further tariff refunds to have a material impact on its financial position or results of operations. source
• Teradyne received refunds during the quarter ended September 27, 2026, for certain tariffs paid under IEEPA since the tariffs' 2025 inception; the refunds had no material impact on its financial position or results of operations. source

Impact estimates