North Reading, MA — February 2, 2026 — Leads & Copy — Teradyne, Inc. (NASDAQ: TER) announced its fourth-quarter 2025 results, with revenue reaching $1,083 million. The company also provided guidance for the first quarter of 2026, projecting revenue between $1,150 million and $1,250 million.
Teradyne’s Q4 2025 revenue breakdown includes $883 million from Semiconductor Test, $110 million from Product Test, and $89 million from Robotics. The company reported GAAP net income of $257.2 million, or $1.63 per diluted share, for the fourth quarter of 2025.
On a non-GAAP basis, Teradyne’s net income for the fourth quarter of 2025 was $283.0 million, or $1.80 per diluted share. The non-GAAP figures exclude acquired intangible asset amortization, restructuring and other charges, and pension mark-to-market adjustments, while including the related tax impact on non-GAAP adjustments.
For the full year 2025, Teradyne reported revenue of $3,190 million, compared to $2,820 million in 2024. GAAP EPS for 2025 was $3.47, while non-GAAP EPS was $3.96.
Teradyne CEO Greg Smith said the Q4 results exceeded the high end of the company’s guidance, driven by AI-related demand in compute, networking, and memory within the Semi Test business. Smith noted sequential growth across all business groups – Semi Test, Product Test, and Robotics – and a 13% company-level growth in 2025. He added that the company anticipates year-over-year growth across all businesses in 2026, with strong momentum in compute driven by AI.
The company’s guidance for the first quarter of 2026 includes a projected GAAP net income of $1.82 to $2.19 per diluted share and a non-GAAP net income of $1.89 to $2.25 per diluted share. The non-GAAP guidance excludes acquired intangible asset amortization, amortization on investment in Technoprobe, restructuring and other costs, and the related tax impact on non-GAAP adjustments.
A conference call to discuss the fourth-quarter results and management’s business outlook is scheduled for 8:30 a.m. ET on Tuesday, February 3, 2026. Investors can access the webcast at www.teradyne.com by clicking on “Investors” at least five minutes before the call begins. Presentation materials will be available starting at 7:30 a.m. ET. A replay will be available on the Teradyne website.
Teradyne designs, develops, and manufactures automated test equipment and advanced robotics systems. Its test solutions for semiconductors and electronics products enable customers to consistently deliver on their quality standards. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations.
Teradyne’s non-GAAP results exclude certain income items and charges, provided as a complement to GAAP results. These exclusions include acquired intangible assets amortization, restructuring and other expenses, ERP-related expenses, inventory step-up, pension mark-to-market adjustments, pension actuarial gains and losses, and discrete income tax adjustments, while including the related tax impact on non-GAAP adjustments. These non-GAAP performance measures are used to make operational decisions, determine employee compensation, forecast future operational results, and compare with Teradyne’s business plan, historical operating results, and competitors’ results.
A reconciliation of each available GAAP to non-GAAP financial measure discussed in this press release is contained in the attached exhibits and on the Teradyne website by clicking on “Investor Relations” and then selecting “Financials” and the “GAAP to Non-GAAP Reconciliation” link.
Teradyne® is a registered trademark of Teradyne, Inc., in the U.S. and other countries.
Source: Teradyne
