StockWatch
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Electrical Products
Quarterly ResultJul 29, 2026, 06:12 AM

Teradyne Q2 Revenue $1.33B, up 104%; GAAP EPS $2.38, up 300%+

AI Summary

Teradyne, Inc. reported strong financial results for the second quarter of 2026, marking its second consecutive quarter of record revenue. Revenue surged 104% year-over-year to $1,329 million, with GAAP EPS increasing over 300% to $2.38. The company saw record Memory revenue, driven by robust demand in DRAM and NAND final test. Teradyne also provided optimistic guidance for the third quarter of 2026, projecting revenue between $1,200 million and $1,300 million, reflecting continued strong AI-related demand and setting the stage for future growth.

Key Highlights

  • Q2 2026 Revenue reached $1,329 million, up 104% from Q2 2025.
  • Q2 2026 GAAP diluted EPS was $2.38, an increase of over 300% from Q2 2025.
  • Q2 2026 Non-GAAP diluted EPS was $2.47.
  • Semiconductor Test revenue was $1,122 million, Product Test $107 million, and Robotics $100 million.
  • Record Memory revenue was driven by strength in DRAM and resurgence in NAND final test.
  • Q3 2026 revenue guidance is $1,200 million to $1,300 million.
  • Q3 2026 GAAP diluted EPS guidance is $1.79 to $2.09.
  • Q3 2026 Non-GAAP diluted EPS guidance is $1.85 to $2.15.