Teradyne Q3 net income more than doubles to $342.41 million as revenue rises 70% to $1.31 billion
TER•Teradyne’s third-quarter 2026 net income more than doubled year over year to $342.41 million, while revenue rose 70% to $1.31 billion, exceeding the high end of guidance. The company forecast fourth-quarter revenue of $1.25 billion–$1.35 billion and GAAP diluted EPS of $1.88–$2.18.
1. Quarterly results and outlook
Teradyne reported third-quarter 2026 GAAP diluted earnings per share of $2.17, nearly triple the year-earlier figure. Revenue rose 70% year over year to $1.31 billion, exceeding the high end of guidance. Memory and Integrated Systems Test posted record revenue driven by AI demand, while Robotics achieved profitability. For the fourth quarter, Teradyne forecast revenue of $1.25 billion–$1.35 billion and GAAP diluted EPS of $1.88–$2.18.
