TER · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

TERADYNE, INC · 2026-10-30 · Importance 69 · Surprise 64 · In source text

Third-quarter 2026 revenue rose 69.8% year over year to $1,306.0 million, while nine-month revenue increased 86.0% to $3,917.4 million. Semiconductor Test generated $1,072.0 million in the quarter, up 76.9%, and $3,304.6 million over nine months, up 101.5%, primarily from compute and memory sales tied to AI applications. Product Test revenue was $138.1 million in the quarter, up 56.4%, and $325.8 million over nine months, up 31.6%; growth reflected AI-related demand, Wireless, and Defense and Aerospace. Robotics revenue increased 27.6% to $95.8 million in the quarter and 31.1% to $287.0 million over nine months, driven by collaborative robotic arms and autonomous mobile robots.

Key facts

• Teradyne's Robotics segment achieved profitability on $96 million of revenue, its highest third quarter revenue in the segment's history. source
• Teradyne's memory revenue reached a record $301 million, marking the fourth consecutive quarter above $200 million. source
• Teradyne expects sales of its test products to remain concentrated among a limited number of significant customers for the foreseeable future. source
• Electronics and semiconductor customers represented Teradyne Robotics' largest end-market during the quarter. source

Impact estimates