Form 10-Q · Quarterly report
Teradyne 10-Q, filed Oct 30, 2026
- Filed
- CIK
- 0000097210
- Accession no.
- 0001193125-26-441091
Summary
Teradyne reported third-quarter revenue of $1.31 billion, up from $769.2 million a year earlier, with Semiconductor Test revenue above $1.0 billion for a third consecutive quarter, up 77% year over year on sustained AI demand, and record memory revenue of $301 million. Teradyne agreed to make a $300.0 million minority, non-controlling equity investment in FormFactor and holds a controlling 75% interest in the MultiLane Test Products joint venture formed in April 2026, while returning $234.5 million to shareholders in the first nine months of 2026 through buybacks and dividends.
Key points
- Semiconductor Test revenue rose 76.9% to $1,072.0 million; Product Test revenue rose 56.4% to $138.1 million; Robotics revenue rose 27.6% to $95.8 million and the segment was profitable.
- Gross profit was $771.3 million, or 59.1% of revenue, up 0.7 points from a year earlier.
- The FormFactor investment is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approvals, under a collaboration agreement covering probe, contactor and interface technologies.
- Teradyne received refunds during the quarter related to tariffs paid under the International Emergency Economic Powers Act, which it said had no material impact on its financial position.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2: Management’s Discussion Overview We are a leading global provider of automated test equipment and robotics products. Our automated test systems are used to test semiconductors, wireless products, data storage, silicon photonics, and complex electronics systems in many industries including consumer electronics, automotive, industrial, computing, communications, and defense and aerospace industries. Our robotics product offerings consist primarily of collaborative robotic arms and autonomous mobile robots used by global manufacturing, logistics and industrial customers to improve quality and increase manufacturing and material handling efficiency, while reducing costs. …
An excerpt of the text as filed with the SEC, cut for length.
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