TER Q3 FY2026 earnings: EPS beat by 9.6%, revenue beat by 3.0%
Teradyne reported Q3 FY2026. EPS came in at $2.29 against a $2.09 consensus, beat by 9.6%. Revenue was $1.3B versus $1.3B expected, beat by 3.0%. Gross margin was 59.1%, down 70 bps from last quarter.
§
The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $2.29 | $2.09 | beat by 9.6% |
| Revenue | $1.3B | $1.3B | beat by 3.0% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $1.3B | -1.7% | +69.8% |
| Gross profit | $771.3M | -2.9% | +71.7% |
| Operating income | $402.0M | -8.2% | +176.6% |
| Net income | $342.4M | -8.6% | +186.4% |
| Diluted EPS | $2.17 | -8.8% | +189.3% |
| Gross margin: 59.1%. |
§
The trend
Revenue is up 69.8% from the same quarter last year. Gross margin sits at 59.1%, 180 bps off its 8-quarter high.
§
How it stacks up
Pro
This section is part of the Pro report for TER.
Subscribe — $49.99/mo →
§
Go deeper on TER
The Weekly Semi Engine
The week in semiconductors, in your inbox. Free.
Every Saturday: the tape, the rotation, the prints that mattered, and what the desk is watching next week. No noise.
Get it every Saturday →