inTest Q2 FY26 gross margin drops 5 percentage points to 40%; revenue rises to about $35 million - INTT News | RalliesinTest Q2 FY26 gross margin drops 5 percentage points to 40%; revenue rises to about $35 million
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INTT• Outlook raised for 2026 after Q1 revision
- The company plans a Q1 2026 revision after finding gross profit was overstated by about $750,000, cutting gross margin by 220 basis points.
- inTest raised its 2026 revenue outlook to $135 million-$140 million and trimmed its gross margin view to about 43% from 45%.
Preliminary Q2 results and margin pressure
- inTest posted preliminary Q2 2026 revenue of approximately $35 million, topping its $32 million-$34 million outlook.
- Gross margin fell short of its target, tracking about 40% versus guidance of roughly 45%.
- Operating expenses were estimated at $13.9 million, near its $13.8 million-$14.2 million range.
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