Teradyne forecasts fourth-quarter revenue of $1.25 billion to $1.35 billion
TER•Teradyne forecasts fourth-quarter 2026 revenue of $1.25 billion to $1.35 billion and non-GAAP EPS of $1.95 to $2.25. It projects full-year revenue of $5.2 billion at the guidance midpoint, up more than 60% year over year, and annual non-GAAP EPS of $9.41, up 138%.
1. Fourth-quarter outlook
Teradyne forecasts fourth-quarter 2026 revenue of $1.25 billion to $1.35 billion, with non-GAAP EPS of $1.95 to $2.25. Non-GAAP gross margin is forecast at 57.5% to 58.5%, compared with 59.1% in the third quarter.
2. Full-year projections
At the guidance midpoint, full-year 2026 revenue is projected at $5.2 billion, representing more than 60% year-over-year growth. Annual non-GAAP EPS is expected to reach $9.41, up 138% year over year.
3. Third-quarter results
Third-quarter revenue rose 70% year over year to $1.31 billion, exceeding the high end of guidance.
