Teradyne

Teradyne (TER) Q4 2025 Earnings

Reported Feb 3, 2026 at 6:01 AM ET · SEC Source

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
24/7 Wall St

TER YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

TER Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“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