Teradyne, Inc. · TER · Next earnings

Teradyne, Inc. reports Tuesday, Oct 27, 2026

TER reports after market close with consensus EPS at — and revenue at —. Last quarter: Teradyne Q1 Revenue Record $1.28B on AI Demand; Q2 Guide Down Sequentially

Reports After market close37 days awayDate estimated Technology

What the street expects

Consensus for the coming report
Consensus EPS $2.08 Analyst average (10 estimates)
Consensus revenue $1.26B Analyst average (9 estimates)
Report date Oct 27, 2026 Tuesday, date estimated
Session After market close 37 days away

Where TER left off: FY2026 Q1

Full report

Teradyne Q1 Revenue Record $1.28B on AI Demand; Q2 Guide Down Sequentially

EPS surprise +21.3% Reported $2.56 vs $2.11
Revenue surprise +6.9% Reported $1.28B vs $1.20B
Stock move -19.4% Event window
Subsequent drift +24.9% Up to 20 sessions

Q2 revenue guided to $1.15 to $1.25 billion versus Q1 actual of $1.282 billion, a sequential decline of approximately 3 to 10%. Q2 EPS guided to $1.86 to $2.15 versus Q1 actual of $2.56. Management characterized guidance as consistent with its full-year trajectory and maintained its evergreen target model of $6 billion revenue at a $12 to $14 billion ATE TAM. Guidance sentiment: maintained.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • High customer concentration on a few large ASIC and AI data-center programs
  • Lumpy demand cycles and timing uncertainty for AI data-center build-out
  • Limited visibility into second-half orders, especially memory and networking
  • Supply-chain variability affecting inbound components and customer lead times
  • Intense competition in silicon photonics and GPU test markets

Questions analysts left open

  • Second-half revenue visibility and order lumpiness
  • TAM estimates versus competitors like Advantest
  • Timeline and share capture for merchant GPU testing
  • Drivers of gross-margin changes in Q2 and beyond
  • Market share and growth prospects in silicon photonics (CPO) testing

Ask FN2 about TER next report

Transcript, numbers and history already loaded
What should I watch for in TER's next earnings report?How did TER guide last quarter, and is consensus above or below that?Give me the bull and bear case going into TER earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the TER recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent TER quarters

All TER earnings
-19.4%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.