FY26 outlook raised on year-to-date performance and demand
inTest lifted FY26 revenue guidance to $135 million-$140 million, citing year-to-date performance and strengthening demand.
The company now forecasts FY26 gross margin of about 43%, down from 45%, reflecting weaker Alfamation margins in the first half.
Q2 revenue is expected near $35 million, above the prior $32 million-$34 million view; gross margin is seen near 40% versus a roughly 45% target.
The Q2 margin miss was tied to lower project margins at Alfamation; a $2 million ITS shipment delay into Q3 also weighed on volume.
Full-year operating expense outlook was maintained at $55 million-$57 million; amortization is still $2.6 million and interest expense still $0.3 million.