Teradyne, Inc.: Beat — EPS $2.29, Revenue $1.31B
Earnings BeatQ3 2026 · After-market
Did Teradyne, Inc. (TER) beat earnings today?
Yes, Teradyne, Inc. (TER) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+11.17% surprise
$2.29Actual
Expected: $2.06
vs. year ago +169.4%
Total Revenue+2.83% surprise
$1.31BActual
Expected: $1.27B
vs. year ago +70.0%
Released Oct 27 · 4:30 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $1.31B | $769.21M | +70.0% |
| Revenue detail — reported lines | |||
| └─Semiconductor Test | $1.07B | - | - |
| └─Product Test | $138.00M | - | - |
| └─Robotics | $96.00M | - | - |
| Net Income | $342.41M | $119.56M | +186.4% |
| GAAP Basic EPS | $2.19 | $0.75 | +192.0% |
| GAAP Diluted EPS | $2.17 | $0.75 | +189.3% |
| Non-GAAP Basic EPS | $2.30 | $0.86 | +167.4% |
| Non-GAAP Diluted EPS | $2.29 | $0.85 | +169.4% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | Full Year Outlook |
|---|---|---|
| Revenue | $1,250M-$1,350M | — |
| GAAP Diluted EPS | $1.88-$2.18 | — |
| Non-GAAP Diluted EPS | $1.95-$2.25 | — |
Business Highlights
- ➤Memory and Integrated Systems Test achieved record revenue, driven by AI.
- ➤Robotics delivered its highest third-quarter revenue to date and achieved profitability.
- ➤Demand spanned the AI value chain, including memory, hard disk drive test, high-speed interconnect and robotics.
- ➤Teradyne’s portfolio spans semiconductor and electronics test solutions plus collaborative and mobile robotics.
- ➤Test solutions support customers’ quality standards for semiconductor and electronics products.
- ➤Advanced robotics supports manufacturing and warehouse operations for companies of all sizes.
Management Commentary
Greg Smith, CEO
“Our wafer to data center strategy and the breadth of our portfolio sustained positive momentum in Q3,”
Greg Smith, CEO
“Demand extended across the AI value chain, from memory and hard disk drive test to high-speed interconnect and robotics, driving results above the high end of our guidance. With multiple growth engines across test and robotics, we approach 2027 with a more diversified business and an expanding set of opportunities.”