TER · 10-Q · 2026Q3 · Full report
Gross Margin Drivers
TERADYNE, INC · 2026-10-30 · Importance 69 · Surprise 64 · No source text
Third-quarter 2026 gross profit increased $322.0 million to $771.3 million, and gross margin rose 0.7 percentage points to 59.1%. For the first nine months, gross profit increased $1,109.1 million to $2,346.8 million, while gross margin improved 1.2 percentage points to 59.9%. Teradyne attributed the margin gains in both periods to higher sales volume and improved product mix.
Key facts
- Teradyne's third-quarter 2026 gross profit was $771.3 million, or 59.1% of revenue, compared with $449.3 million, or 58.4%, in the prior-year quarter; the gross margin increased 0.7 percentage points, primarily due to higher sales and product mix. source
- Teradyne's nine-month 2026 gross profit was $2,346.8 million, or 59.9% of revenue, compared with $1,237.7 million, or 58.7%, in the prior-year period; gross margin increased 1.2 percentage points, primarily due to higher sales volume and improved product mix. source
- Inflation has not had a significant long-term impact on Teradyne's earnings. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| margin | positive | realized | +1.2% | Teradyne's nine-month 2026 gross profit was $2,346.8 million, or 59.9% of revenue, compared with $1,237.7 million, or 58.7%, in the… |
| margin | positive | realized | +0.7% | Teradyne's third-quarter 2026 gross profit was $771.3 million, or 59.1% of revenue, compared with $449.3 million, or 58.4%, in the… |