Teradyne Earnings Reports

Teradyne posted solid Q3 2025 results, with revenue and earnings reaching the upper end of guidance, primarily fueled by AI-related strength in its Semiconductor Test segment.

Teradyne's Q2 2025 results showed a decline in both revenue and net income year-over-year, but the company exceeded internal expectations, led by strength in its Semiconductor Test segment driven by AI-related demand.

Teradyne delivered 14% year-over-year revenue growth in Q1 2025, exceeding its revenue and EPS guidance, led by strong demand in Semiconductor Test, particularly in Mobile System-on-a-Chip (SOC) solutions.

Teradyne's Q4 2024 revenue reached $753 million, a 12% increase year-over-year, driven by strong AI-related demand and improved broader market dynamics. GAAP EPS was $0.90, and non-GAAP EPS was $0.95. The company expects year-over-year revenue acceleration in 2025 with improving conditions in test businesses.

Teradyne reported Q3 2024 revenue of $737 million, a 5% increase year-over-year, driven by strong AI-related demand. GAAP EPS was $0.89, and non-GAAP EPS was $0.90. Semiconductor Test performed better than planned due to record Memory revenue from High Bandwidth Memory (HBM) and compute demand for AI applications. Robotics continued to execute its longer-term growth strategy.

Teradyne reported a strong second quarter in 2024, with revenue reaching $730 million, a 7% increase from Q2 2023. The company's performance was driven by accelerated demand from AI applications in both compute and memory sectors, along with sequential and year-over-year growth in the robotics business. GAAP EPS was $1.14, while non-GAAP EPS was $0.86.

Teradyne reported Q1 2024 revenue of $600 million, a 3% decrease compared to Q1 2023. Despite weakness in mobility, the company's performance was driven by strong memory and networking demand related to AI applications and in-line robotics shipments. GAAP EPS was $0.40, and non-GAAP EPS was $0.51.

Teradyne reported Q4 2023 revenue of $671 million, a decrease of 8% compared to Q4 2022. GAAP EPS was $0.72, while non-GAAP EPS was $0.79. Record robotics revenue was achieved, up 50% from Q3 2023 and 17% from Q4 2022.

Teradyne reported Q3 2023 revenue of $704 million, with GAAP EPS of $0.78 and non-GAAP EPS of $0.80. The results were driven by greater than planned Robotics shipments and sequential growth in Semiconductor Test. The company expects test demand to be focused on technology investments with limited capacity expansion purchases in Q4 and anticipates delivering second half results in-line with its July outlook in Robotics.

Teradyne reported Q2 2023 revenue of $684 million, a 19% decrease compared to Q2 2022. GAAP EPS was $0.73, and non-GAAP EPS was $0.79. The company returned $152 million to shareholders through share repurchases and dividends.

Teradyne reported Q1 2023 revenue of $618 million, a decrease of 18% compared to Q1 2022. GAAP EPS was $0.50, and non-GAAP EPS was $0.55. The company returned $110 million to shareholders through share repurchases and dividends.

Teradyne reported Q4 2022 revenue of $732 million, a decrease of 17% compared to Q4 2021. GAAP EPS was $1.04, and non-GAAP EPS was $0.92. The results exceeded expectations due to increased shipments of Eagle products and stronger demand for UR cobots.

Teradyne reported Q3 2022 revenue of $827 million, with GAAP EPS of $1.10 and non-GAAP EPS of $1.15. The results exceeded the mid-point of their July outlook due to easing supply line constraints, enabling greater than expected shipments.

Teradyne reported revenue of $841 million for the second quarter of 2022, with GAAP EPS of $1.16 and non-GAAP EPS of $1.21. The company's results were above the midpoint of its guidance, driven by strong test group shipments, despite supply shortages and slowing industrial automation growth.

Teradyne's Q1 2022 revenue reached $755 million, a 3% decrease from Q1 2021. GAAP EPS was $0.92, and non-GAAP EPS was $0.98. The company saw growth in Industrial Automation revenue, offsetting declines in Test revenue.

Teradyne reported Q4 2021 revenue of $885 million, a 17% increase from Q4 2020. GAAP EPS was $1.29, and non-GAAP EPS was $1.37. The company's test and industrial automation businesses both experienced double-digit revenue growth.

Teradyne reported Q3 2021 revenue of $951 million, a 16% increase year-over-year, with GAAP EPS of $1.41 and non-GAAP EPS of $1.59. Strong demand in both Test and Industrial Automation products drove the company's eighth consecutive quarter of double-digit revenue and profit growth. The company expects Q4 2021 sales to increase over 10% from Q4 2020.

Teradyne reported a strong second quarter in 2021, with revenue reaching $1.086 billion, a 29% increase compared to Q2 2020. GAAP EPS was $1.76, and non-GAAP EPS was $1.91. The company saw growth in both its Test and Industrial Automation segments.

Teradyne reported Q1 2021 revenue of $782 million, an 11% increase compared to Q1 2020. GAAP EPS was $1.09, and non-GAAP EPS was $1.11. The company's growth was driven by strong demand in the Test and Industrial Automation sectors.

Teradyne's Q4 2020 revenue reached $759 million, a 16% increase from Q4 2019. GAAP EPS was $1.05, and non-GAAP EPS was $1.10. The company's performance was driven by stronger than expected growth at Universal Robots and continued strong test demand.

Teradyne reported revenue of $819 million for Q3 2020, a 41% increase from Q3 2019. GAAP EPS was $1.21, up 61% from Q3 2019, and non-GAAP EPS was $1.18, up 53% from Q3 2019. The results were driven by record memory and storage test shipments along with strong System on a Chip (SOC) test demand.

Teradyne reported Q2 2020 revenue of $839 million, a 49% increase year-over-year, driven by strong Semiconductor Test demand. GAAP EPS was $1.05, up 91% year-over-year, and Non-GAAP EPS was $1.33, up 102% year-over-year.

Teradyne reported a strong first quarter with revenue of $704 million, a 43% increase from Q1 2019. The company's test revenue grew 50% year-over-year, while Industrial Automation revenue declined 9% due to global manufacturing weakness. The company has suspended its share repurchase program.

Teradyne reported Q4 2019 revenue of $655 million, a 26% increase from Q4 2018. GAAP EPS was $0.75 and non-GAAP EPS was $0.88. The company's revenue exceeded the high end of guidance due to strong Semiconductor Test and LitePoint Wireless shipments.