Teradyne Inc. reported record second-quarter 2026 revenue of $1.33 billion. This represents a 104% increase from $652 million during the same period last year. The results exceeded the analyst consensus forecast of $1.22 billion.
GAAP earnings per share rose to $2.38 from $0.49 a year ago. Adjusted earnings per share reached $2.47. This figure significantly surpassed the average analyst estimate of $2.04.
The Semiconductor Test segment served as the primary driver, with revenue more than doubling to $1.12 billion. Teradyne projects third-quarter revenue will range between $1.2 billion and $1.3 billion.