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Retirement Plans (Tables)
3 Months Ended
Mar. 29, 2026
Net Periodic Pension and Postretirement Benefit Costs

For the three months ended March 29, 2026, and March 30, 2025, Teradyne’s net periodic pension cost was comprised of the following:

 

 

 

For the Three Months Ended

 

 

 

March 29, 2026

 

 

March 30, 2025

 

 

 

United
States

 

 

Foreign

 

 

United
States

 

 

Foreign

 

 

 

(in thousands)

 

Service cost

 

$

143

 

 

$

299

 

 

$

214

 

 

$

124

 

Interest cost

 

 

1,359

 

 

 

349

 

 

 

1,709

 

 

 

262

 

Expected return on plan assets

 

 

(975

)

 

 

(54

)

 

 

(1,317

)

 

 

(22

)

Total net periodic pension cost

 

$

527

 

 

$

594

 

 

$

606

 

 

$

364

 

Postretirement Benefit Plans  
Net Periodic Pension and Postretirement Benefit Costs

For the three months ended March 29, 2026, and March 30, 2025, Teradyne’s net periodic postretirement benefit cost was comprised of the following:

 

 

 

For the Three Months
 Ended

 

 

 

March 29,
2026

 

 

March 30,
2025

 

 

 

(in thousands)

 

Service cost

 

$

7

 

 

$

10

 

Interest cost

 

 

68

 

 

 

73

 

Amortization of prior service credit

 

 

(1

)

 

 

(2

)

Special termination benefits

 

 

 

 

 

684

 

Total net periodic postretirement benefit cost

 

$

74

 

 

$

765