Teradyne, Inc. reported second-quarter 2026 results with sharply higher revenue and earnings driven by a surge in Semiconductor Test demand. Revenue was $1.329B and diluted EPS was $2.38, versus $651.8M and $0.49 in Q2 2025, respectively.
Financial Highlights
- Revenue: $1.329B for Q2 2026, compared with $651.8M in Q2 2025; YoY change 102%.
- Net income: $374.5M attributable to Teradyne for Q2 2026, versus $78.4M in Q2 2025; YoY change 378%.
- Diluted EPS: $2.38 for Q2 2026, versus $0.49 in Q2 2025; YoY change 386%.
Business Highlights
- Semiconductor Test revenue surged roughly 128% year over year, producing record quarterly and six‑month results as customers ramp AI compute and memory deployments.
- Geographic and customer concentration shifted toward Taiwan and Korea, reflecting increased business from AI data center customers and hyperscalers.
- Robotics posted its fifth consecutive quarter of sequential growth, supported by electronic manufacturing and semiconductor customers.
- Teradyne formed a joint venture, MLTP (75% ownership), to integrate MultiLane assets and expand Product Test capabilities for high‑speed data links.
- The company increased R&D and S&A investment for Semiconductor Test while generating strong cash to support growth and shareholder returns.
Original SEC Filing:
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