Q4 25 EPS
$1.80
BEAT +30.43%
Est. $1.38
Q4 25 Revenue
$1.08B
BEAT +11.81%
Est. $968.9M
vs S&P Since Q4 25
+25.0%
BEATING MARKET
TER +33.9% vs S&P +9.0%
Full Year 2025 Results
FY 25 EPS
$3.96
BEAT +12.56%
Est. $3.52
FY 25 Revenue
$3.19B
BEAT +3.72%
Est. $3.08B
Market Reaction
Did TER Beat Earnings? Q4 2025 Results
Teradyne delivered a blowout fourth quarter, with AI-driven semiconductor demand powering results well ahead of expectations on both the top and bottom lines. The test-and-automation giant posted Q4 2025 revenue of $1.08 billion, up 43.9% year-over-y… Read more Teradyne delivered a blowout fourth quarter, with AI-driven semiconductor demand powering results well ahead of expectations on both the top and bottom lines. The test-and-automation giant posted Q4 2025 revenue of $1.08 billion, up 43.9% year-over-year, comfortably ahead of the $968.88 million consensus estimate; non-GAAP EPS of $1.80 beat the $1.38 Wall Street forecast by 30.43%, nearly doubling the $0.95 reported in the year-ago period. The primary catalyst was a surge in AI-related demand for compute, networking, and memory testing, with the Semiconductor Test segment alone contributing $883 million to quarterly revenue. Non-GAAP operating margin expanded sharply to 29%, up from 21.7% in Q4 2024, reflecting the operating leverage unlocked by that volume. Shares had already surged roughly 88% in the three months heading into the print, and management's Q1 2026 guidance of $1.15 billion to $1.25 billion in revenue with non-GAAP EPS of $1.89 to $2.25 suggests the AI-fueled momentum is far from exhausted.
Key Takeaways
- • Strong AI-related demand in compute, networking, and memory within Semiconductor Test
- • Sequential growth across all business segments (Semi Test, Product Test, Robotics)
- • Q4 revenue and earnings above the high end of guidance range
- • 44% year-over-year revenue growth in Q4 and 13% full-year revenue growth
TER YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
TER Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our Q4 results were above the high end of our guidance range, fueled by AI-related demand in compute, networking and memory within our Semi Test business. Across all of our business groups – Semi Test, Product Test, and Robotics – we experienced sequential growth, and at the company level we achieved 13% growth in 2025.”
— Greg Smith, Q4 2025 Earnings Press Release
TER Earnings Trends
TER vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TER EPS Trend
Earnings per share: estimate vs actual
TER Revenue Trend
Quarterly revenue: estimate vs actual
TER Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $2.12 | $2.56 | +20.75% | $1.28B | +5.56% |
| Q4 25 BEAT FY | $1.38 | $1.80 | +30.43% | $1.08B | +11.81% |
| FY Full Year | $3.52 | $3.96 | +12.56% | $3.19B | +3.72% |
| Q3 25 BEAT | $0.79 | $0.85 | +7.59% | $769.2M | +3.41% |
| Q2 25 BEAT | $0.50 | $0.57 | +14.00% | $651.8M | +0.16% |
| Q1 25 BEAT | $0.62 | $0.75 | +20.97% | $685.7M | +0.75% |