Quarterly UpdatesJul 31, 2026, 08:40 AM
InTest Raises FY26 Revenue, Revises Q1 Gross Margin, Reports Prelim Q2
AI Summary
InTest Corporation announced preliminary Q2 2026 results, with revenue estimated at $35 million, exceeding prior guidance, but gross margin at 40%, below expectations. The company also revised its Q1 2026 gross margin downward by 220 basis points due to an ERP implementation issue. Consequently, InTest raised its full-year 2026 revenue outlook to $135 million-$140 million but lowered its gross margin guidance to approximately 43%.
Key Highlights
- Preliminary Q2 2026 revenue estimated at $35 million.
- Preliminary Q2 2026 gross margin estimated at 40%.
- Q1 2026 gross margin revised downward by 220 basis points.
- Full-year 2026 revenue guidance raised to $135M-$140M.
- Full-year 2026 gross margin guidance revised to approximately 43%.
- Q2 gross margin shortfall due to Alfamation project mix and supply chain.
- Material weakness in internal control over financial reporting identified.
- Q2 2026 earnings call scheduled for August 10, 2026.
Price Impact
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