TERADYNE, INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Teradyne delivered an exceptional Q1 2026, with revenue surging 87.0% YoY to $1.28B and net income more than tripling to $398.9M, driven by explosive demand growth that expanded operating margins by over 19 percentage points.
Drawn from management commentary in the Q1 2026 10-Q:
Teradyne reported Q1 2026 revenue of $1.28B, up 87.0% from $685.7M in Q1 2025, reflecting a dramatic acceleration in demand across its test and automation segments. This represents one of the strongest quarterly growth rates in the company's recent history.
Operating income surged 291.5% YoY to $473.0M, pushing operating margin from 17.6% to 36.9% — a gain of approximately 19.3 percentage points. This demonstrates significant operating leverage as revenue growth far outpaced the 6.0% increase in SG&A expenses ($166.7M vs. $157.3M).
Net income reached $398.9M in Q1 2026, up 303.4% from $98.9M in Q1 2025, with diluted EPS rising to $2.53 from $0.61 — a 314.8% increase. Net margin expanded to 31.1%, reflecting both top-line strength and disciplined cost management.
Revenue
$1.28B
++87.04% YoY
EPS (Basic)
$2.55
++318.03% YoY
Gross Margin
60.9%
++0.32% YoY
Operating Income
$473M
++291.55% YoY
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