Earnings Call
Jul 28, 2026
Q2 FY2026
EPS Estimate
2.09
EPS Actual
2.47
Post-Earnings Close
$319.41
Earnings Reaction
-0.4%
Teradyne posted back-to-back record quarters in Q2 2026, with revenue topping $1.3 billion, up more than 100% year-over-year, and non-GAAP EPS of $2.47, a more than 300% increase from the prior-year period. Both figures came in above the high end of guidance, and the first-half tally of $2.6 billion in revenue and $5.02 in non-GAAP EPS underscores the scale of the AI-driven demand surge reshaping the automatic test equipment industry. AI-related revenue now accounts for more than 60% of total company sales, spanning compute, memory, storage, product test, and robotics, a breadth that management is positioning as structural rather than cyclical.
Report generated on Jul 29, 2026
AI-generated earnings analysis. Not investment advice.
Chief Executive Officer
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
The quarter's results reflected a combination of company-specific execution and broader sector dynamics, with management addressing several of the key debates that analysts had flagged heading into the print. Guidance commentary pointed to continued momentum in the core segments, while questions on margins and capital allocation drew more nuanced responses from the leadership team over the course of the call.
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