Teradyne's second quarter 2026 revenue doubled year-over-year to a record $1.33 billion.

Teradyne reported second quarter 2026 revenue of $1.33 billion, up 104% year-over-year, and GAAP EPS of $2.38. The results marked a second consecutive record quarter and exceeded the company's guidance.

Key Highlights

• Revenue grew 104% to $1.33 billion from $652 million in the prior-year quarter, driven by record Memory test sales and strength in the Semiconductor Test segment.
• The Semiconductor Test segment generated $1.12 billion in revenue, comprising 84% of the company's total sales.
• Management cited robust AI-related demand as a primary driver for the strong performance.
• For the third quarter, Teradyne guided revenue to a range of $1.20 billion to $1.30 billion, with a midpoint below the current quarter's record result.