Teradyne Reports Third Quarter 2026 Results

Revenue up 70% and earnings up over 150% from Q3'25, exceeding the high end of our Q3 Guidance
Record revenue in Memory and Integrated Systems Test driven by all things AI
Robotics delivered its highest third quarter revenue to date and achieved profitability

Teradyne, Inc. (NASDAQ: TER):

	Q3'26		Q3'25		Q2'26
Revenue (mil)	$	1,306	$	769	$	1,329
GAAP EPS	$	2.17	$	0.75	$	2.38
Non-GAAP EPS	$	2.29	$	0.85	$	2.47

Teradyne, Inc. (NASDAQ: TER) reported revenue of $1,306 million for the third quarter of 2026 of which $1,072 million was in Semiconductor Test, $138 million in Product Test, and $96 million in Robotics. On a GAAP-basis, net income attributable to Teradyne for the third quarter of 2026 was $342.4 million, or $2.17 per diluted share. On a non-GAAP basis, net income attributable to Teradyne for the third quarter of 2026 was $359.9 million, or $2.29 per diluted share, which excluded acquired intangible asset amortization, restructuring and other charges, and the related tax impact on non-GAAP adjustments.

"Our wafer to data center strategy and the breadth of our portfolio sustained positive momentum in Q3," said CEO Greg Smith. "Demand extended across the AI value chain, from memory and hard disk drive test to high-speed interconnect and robotics, driving results above the high end of our guidance. With multiple growth engines across test and robotics, we approach 2027 with a more diversified business and an expanding set of opportunities."

Guidance for the fourth quarter of 2026 is revenue of $1,250 million to $1,350 million, with GAAP net income attributable to Teradyne of $1.88 to $2.18 per diluted share and non-GAAP net income attributable to Teradyne of $1.95 to $2.25 per diluted share. Non-GAAP guidance excludes acquired intangible asset amortization and amortization on our investment in Technoprobe, as well as the related tax impact on non-GAAP adjustments.

Webcast

A conference call to discuss the third quarter results, along with management's business outlook, will follow at 8:30 a.m. ET, October 28, 2026. Interested investors should access the webcast at www.teradyne.com and click 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 at www.teradyne.com/investors .

Non-GAAP Results

In addition to disclosing results that are determined in accordance with GAAP, Teradyne also discloses non-GAAP results of operations that exclude certain income items and charges. These results are provided as a complement to results provided in accordance with GAAP. Non-GAAP income from operations and non-GAAP net income attributable to Teradyne excludes acquired intangible assets amortization, restructuring and other, ERP related expenses, inventory step-up, pension mark-to-market adjustment, pension actuarial gains and losses, discrete income tax adjustments, and the related tax impact on non-GAAP adjustments. GAAP requires that these items be included in determining income from operations and net income. Non-GAAP income from operations, non-GAAP net income, non-GAAP income from operations as a percentage of revenue, non-GAAP net income as a percentage of revenue, and non-GAAP net income per share are non-GAAP performance measures presented to provide meaningful supplemental information regarding Teradyne's baseline performance before gains, losses or other charges that may not be indicative of Teradyne's current core business or future outlook. These non-GAAP performance measures are used to make operational decisions, to determine employee compensation, to forecast future operational results, and for comparison with Teradyne's business plan, historical operating results and the operating results of Teradyne's competitors. Management believes each of these non-GAAP performance measures provides useful supplemental information for investors, allowing greater transparency to the information used by management in its operational decision making and in the review of Teradyne's financial and operational performance, as well as facilitating meaningful comparisons of Teradyne's results in the current period compared with those in prior and future periods. 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 at www.teradyne.com by clicking on "Investor Relations" and then selecting "Financials" and the "GAAP to Non-GAAP Reconciliation" link. The non-GAAP performance measures discussed in this press release may not be comparable to similarly titled measures used by other companies. The presentation of non-GAAP measures is not meant to be considered in isolation, as a substitute for, or superior to, financial measures or information provided in accordance with GAAP.

About Teradyne

Teradyne (NASDAQ:TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its test solutions for semiconductors and electronics products enable Teradyne's customers to consistently deliver on their quality standards. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations for companies of all sizes. For more information, visit teradyne.com . Teradyne ^® is a registered trademark of Teradyne, Inc., in the U.S. and other countries.

Safe Harbor Statement

This release contains forward-looking statements including statements regarding Teradyne's future business prospects, financial performance or position and results of operations. You can identify forward-looking statements by their use of forward-looking words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," "goal" or other comparable terms. Forward-looking statements in this press release address various matters, including statements regarding Teradyne's financial guidance. Investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements due to known and unknown risks, uncertainties, assumptions, and other factors. Such factors include, but are not limited to, macroeconomic factors and slowdowns or downturns in economic conditions generally and in the markets in which Teradyne operates; decreased or delayed product demand from one or more significant customers; a slowdown or inability in the development, delivery and acceptance of new products; the ability to grow the Robotics business; the impact of increased research and development spending; the impact of epidemics or pandemics; the impact of a supply shortage on our supply chain and contract manufacturers; the consummation and success of any mergers or acquisitions; unexpected cash needs; the business judgment of the board of directors that a declaration of a dividend or the repurchase of common stock is not in Teradyne's best interests; changes to U.S. or global tax regulations or guidance; the impact of any tariffs or export controls imposed by the U.S. or China; the impact of U.S. Department of Commerce or other government agency regulations relating to Huawei, HiSilicon and other customers or potential customers; the impact of U.S. Department of Commerce export control regulations for certain U.S. products and technology sold to military end users or for military end-use in China; the impact of the current or future geopolitical conflicts; the impact of regulations published by the U.S. Department of Commerce relating to semiconductors and semiconductor manufacturing equipment destined for certain end uses in China.

The risks included above are not exhaustive. For a more detailed description of the risk factors associated with Teradyne, please refer to Teradyne's Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Many of these factors are macroeconomic in nature and are, therefore, beyond Teradyne's control. We caution readers not to place undue reliance on any forward-looking statements included in this press release which speak only as to the date of this press release. Teradyne specifically disclaims any obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

Teradyne, INC. REPORT FOR THIRD FISCAL QUARTER OF 2026
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands)

	Quarter Ended									Nine Months Ended
	September 27, 2026			June 28, 2026			September 28, 2025			September 27, 2026			September 28, 2025
Net revenues	$	1,305,950		$	1,328,990		$	769,210		$	3,917,434		$	2,106,687
Cost of revenues (exclusive of acquired intangible assets amortization shown separately below) (1)		534,674			534,372			319,904			1,570,588			869,032
Gross profit		771,276			794,618			449,306			2,346,846			1,237,655
Operating expenses:
Selling and administrative (2)		198,968			192,520			169,144			558,224			484,182
Engineering and development		163,092			156,284			124,760			454,938			361,331
Acquired intangible assets amortization		5,251			4,972			3,514			12,447			11,820
Restructuring and other (3)		1,997			3,032			6,585			8,455			23,472
Operating expenses		369,308			356,808			304,003			1,034,064			880,805
Income from operations		401,968			437,810			145,303			1,312,782			356,850
Interest and other (income) expense (4)		(2,323	)		(5,809	)		(2,797	)		(806	)		(6,834	)
Income before income taxes		404,291			443,619			148,100			1,313,588			363,684
Income tax provision		59,833			66,788			23,344			188,778			50,148
Income before equity in net earnings of affiliate	$	344,458		$	376,831		$	124,756		$	1,124,810		$	313,536
Equity in net earnings of affiliate		3,281			(1,946	)		(5,198	)		(3,277	)		(16,709	)
Consolidated net income		347,739			374,885			119,558			1,121,533			296,827
Less: Net income attributable to noncontrolling interests		5,332			352			—			5,684			—
Net income attributable to Teradyne	$	342,407		$	374,533		$	119,558		$	1,115,849		$	296,827

Earnings per common share attributable to Teradyne
Basic	$	2.19		$	2.39		$	0.75		$	7.14		$	1.85
Diluted	$	2.17		$	2.38		$	0.75		$	7.08		$	1.85
Weighted average common shares - basic		156,262			156,470			158,595			156,381			160,021
Weighted average common shares - diluted		157,502			157,693			159,097			157,610			160,409
Cash dividend declared per common share	$	0.13		$	0.13		$	0.12		$	0.39		$	0.36

(1) Cost of revenues includes:
	Quarter Ended									Nine Months Ended
	September 27, 2026			June 28, 2026			September 28, 2025			September 27, 2026			September 28, 2025
Provision for excess and obsolete inventory	$	10,932		$	3,599		$	6,829		$	19,213		$	19,175
Inventory step-up		—			—			351			118			910
Sale of previously written down inventory		(202	)		(563	)		(1,726	)		(1,062	)		(3,155	)
	$	10,730		$	3,036		$	5,454		$	18,269		$	16,930

(2)		For the quarters ended September 27, 2026, June 28, 2026, and September 28, 2025, selling and administrative expenses included $3.7 million, $2.5 million, and $1.1 million, respectively, of expenses directly related to an ERP system implementation. For the nine months ended September 27, 2026 and September 28, 2025, selling and administrative expenses included $7.9 million and $2.9 million, respectively, of expenses directly related to an ERP system implementation.

(3)		Restructuring and other consists of:

	Quarter Ended						Nine Months Ended
	September 27, 2026		June 28, 2026		September 28, 2025		September 27, 2026		September 28, 2025
Employee severance (a)	$	1,185	$	1,404	$	4,786	$	3,443	$	18,501
Acquisition and divestiture related expenses		373		1,532		173		4,516		2,043
Asset impairment		—		—		328		—		1,542
Other		439		96		1,298		496		1,386
	$	1,997	$	3,032	$	6,585	$	8,455	$	23,472

(a)

For the nine months ended September 28, 2025, employee severance relates primarily to Robotics restructuring which impacted approximately 150 employees.

(4) Interest and other includes:
	Quarter Ended									Nine Months Ended
	September 27, 2026			June 28, 2026			September 28, 2025			September 27, 2026			September 28, 2025
Pension settlement loss (gain)	$	(71	)	$	—		$	(800	)	$	(71	)	$	(800	)
Pension actuarial losses (gains)		—			(157	)		—			(157	)		127
Loss (gain) on foreign exchange contract		—			—			—			—			(561	)

CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)

	September 27, 2026		December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents	$	460,742	$	293,751
Marketable securities		5,847		28,247
Accounts receivable, net		1,110,798		786,913
Inventories, net		574,992		379,552
Prepayments		613,658		427,564
Other current assets		24,185		33,273
Total current assets		2,790,222		1,949,300
Property, plant and equipment, net		679,603		562,999
Operating lease right-of-use assets, net		121,652		76,635
Marketable securities		158,276		126,256
Deferred tax assets		311,092		275,265
Retirement plans assets		12,240		12,059
Equity method investment		518,559		537,098
Other assets		97,111		71,697
Acquired intangible assets, net		96,662		51,271
Goodwill		663,776		521,019
Total assets	$	5,449,193	$	4,183,599
LIABILITIES
Current liabilities:
Accounts payable	$	516,967	$	269,185
Accrued employees' compensation and withholdings		261,288		254,973
Deferred revenue and customer advances		211,683		153,124
Other accrued liabilities		146,332		111,845
Operating lease liabilities		17,061		19,340
Short-term debt		—		200,000
Income taxes payable		188,105		106,740
Total current liabilities		1,341,436		1,115,207
Retirement plans liabilities		152,910		144,874
Long-term deferred revenue and customer advances		58,342		50,888
Deferred tax liabilities		10,841		5,378
Long-term other accrued liabilities		28,649		7,601
Long-term operating lease liabilities		120,054		63,899
Total liabilities		1,712,232		1,387,847
Redeemable noncontrolling interests		49,065		—
EQUITY
Total Teradyne shareholders' equity		3,687,896		2,795,752
Total liabilities, redeemable noncontrolling interests and equity	$	5,449,193	$	4,183,599

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)

	Quarter Ended						Nine Months Ended
	September 27, 2026			September 28, 2025			September 27, 2026			September 28, 2025
Cash flows from operating activities:
Consolidated net income	$	347,739		$	119,558		$	1,121,533		$	296,827
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation		31,372			26,649			90,256			79,484
Stock-based compensation		21,684			15,531			63,649			47,561
Equity in net earnings of affiliate		(3,281	)		5,198			3,277			16,709
Amortization		5,504			3,867			12,925			12,723
Provision for excess and obsolete inventory		10,932			6,829			19,213			19,175
Losses (gains) on investments		(2,153	)		(3,644	)		(7,076	)		(4,722	)
Deferred taxes		(22,934	)		(14,101	)		(41,163	)		(29,100	)
Retirement plan actuarial losses (gains)		(71	)		(800	)		(228	)		(673	)
Other		999			175			3,757			3,344
Changes in operating assets and liabilities, net of businesses acquired:
Accounts receivable		(556	)		(161,283	)		(302,733	)		(111,787	)
Inventories		(170,942	)		(10,911	)		(178,794	)		(34,618	)
Prepayments and other assets		(165,319	)		(53,478	)		(224,940	)		(22,599	)
Accounts payable and other liabilities		225,812			104,311			347,615			121,447
Deferred revenue and customer advances		13,182			12,596			64,045			25,652
Retirement plans contributions		(1,506	)		(1,410	)		(4,605	)		(6,986	)
Income taxes		23,152			(36	)		81,144			(19,661	)
Net cash provided by operating activities		313,614			49,051			1,047,875			392,776
Cash flows from investing activities:
Purchases of property, plant and equipment		(86,324	)		(46,692	)		(241,762	)		(161,121	)
Acquisitions of businesses, net of cash and cash equivalents acquired		—			—			(165,611	)		(144,380	)
Purchase of investments in a business		(10,870	)		(20,151	)		(20,900	)		(25,519	)
Purchases of marketable securities		(1,769	)		(10,315	)		(50,004	)		(27,465	)
Proceeds from maturities of marketable securities		811			9,018			11,880			41,621
Proceeds from sales of marketable securities		993			684			30,607			9,172
Net cash used for investing activities		(97,159	)		(67,456	)		(435,790	)		(307,692	)
Cash flows from financing activities:
Proceeds from borrowings on revolving credit facility		—			200,000			350,000			200,000
Repayments of borrowings on revolving credit facility		—			—			(550,000	)		—
Dividend payments		(20,314	)		(18,990	)		(61,024	)		(57,574	)
Repurchase of common stock		(99,264	)		(243,785	)		(173,502	)		(518,658	)
Debt issuance costs		(2,686	)		—			(2,686	)		—
Payments related to net settlement of employee stock compensation awards		(1,040	)		(300	)		(42,153	)		(15,254	)
Issuance of common stock under stock purchase and stock option plans		18,607			15,284			33,708			30,076
Net cash used for financing activities		(104,697	)		(47,791	)		(445,657	)		(361,410	)
Effects of exchange rate changes on cash and cash equivalents		(554	)		(356	)		563			(4,328	)
(Decrease) increase in cash and cash equivalents		111,204			(66,552	)		166,991			(280,654	)
Cash and cash equivalents at beginning of period		349,538			339,252			293,751			553,354
Cash and cash equivalents at end of period	$	460,742		$	272,700		$	460,742		$	272,700

GAAP to Non-GAAP Earnings Reconciliation (In millions, except per share amounts)

	Quarter Ended
	September 27, 2026			% of Net Revenues								June 28, 2026			% of Net Revenues								September 28, 2025			% of Net Revenues
Net revenues	$	1,306.0										$	1,329.0										$	769.2
Gross profit GAAP		771.3		59.1	%								794.6		59.8	%								449.3		58.4	%
Inventory step-up		—		—									—		—									0.4		0.1	%
Gross profit non-GAAP		771.3		59.1	%								794.6		59.8	%								449.7		58.5	%
Income from operations - GAAP		402.0		30.8	%								437.8		32.9	%								145.3		18.9	%
Acquired intangible assets amortization		5.3		0.4	%								5.0		0.4	%								3.5		0.5	%
Restructuring and other (1)		2.0		0.2	%								3.0		0.2	%								6.6		0.9	%
ERP related expenses (2)		3.7		0.3	%								2.5		0.2	%								1.1		0.1	%
Inventory step-up		—		—									—		—									0.4		0.1	%
Income from operations - non-GAAP	$	412.9		31.6	%							$	448.3		33.7	%							$	156.9		20.4	%

						Earnings per Common Share attributable to Teradyne											Earnings per Common Share attributable to Teradyne											Earnings per Common Share attributable to Teradyne
	September 27, 2026			% of Net Revenues		Basic			Diluted			June 28, 2026			% of Net Revenues		Basic			Diluted			September 28, 2025			% of Net Revenues		Basic			Diluted
Net income attributable to Teradyne - GAAP	$	342.4		26.2	%	$	2.19		$	2.17		$	374.5		28.2	%	$	2.39		$	2.38		$	119.6		15.5	%	$	0.75		$	0.75
Amortization of equity method investment		7.6		0.6	%		0.05			0.05			7.6		0.6	%		0.05			0.05			7.7		1.0	%		0.05			0.05
Acquired intangible assets amortization		5.3		0.4	%		0.03			0.03			5.0		0.4	%		0.03			0.03			3.5		0.5	%		0.02			0.02
ERP related expenses (2)		3.7		0.3	%		0.02			0.02			2.5		0.2	%		0.02			0.02			1.1		0.1	%		0.01			0.01
Restructuring and other (1)		2.0		0.2	%		0.01			0.01			3.0		0.2	%		0.02			0.02			6.6		0.9	%		0.04			0.04
Non-GAAP noncontrolling interest adjustment		(0.6	)	-0.0	%		(0.00	)		(0.00	)		—		—			—			—			—		—			—			—
Pension settlement loss (gain)		(0.1	)	-0.0	%		(0.00	)		(0.00	)		—		—			—			—			(0.8	)	-0.1	%		(0.01	)		(0.01	)
Pension actuarial losses (gains) (3)		—		—			—			—			(0.2	)	-0.0	%		(0.00	)		(0.00	)		—		—			—			—
Inventory step-up		—		—			—			—			—		—			—			—			0.4		0.1	%		0.00			0.00
Exclude discrete tax adjustments		(0.1	)	-0.0	%		(0.00	)		(0.00	)		(1.7	)	-0.1	%		(0.01	)		(0.01	)		(0.6	)	-0.1	%		(0.00	)		(0.00	)
Non-GAAP tax adjustments		(0.3	)	-0.0	%		(0.00	)		(0.00	)		(1.7	)	-0.1	%		(0.01	)		(0.01	)		(1.6	)	-0.2	%		(0.01	)		(0.01	)
Net income attributable to Teradyne - non-GAAP	$	359.9		27.6	%	$	2.30		$	2.29		$	389.0		29.3	%	$	2.49		$	2.47		$	135.9		17.7	%	$	0.86		$	0.85

GAAP and non-GAAP weighted average common shares - basic		156.3											156.5											158.6
GAAP and non-GAAP weighted average common shares - diluted		157.5											157.7											159.1

(1) Restructuring and other consists of:
	Quarter Ended
	September 27, 2026											June 28, 2026											September 28, 2025
Employee severance	$	1.2										$	1.4										$	4.8
Acquisition and divestiture related expenses		0.4											1.5											0.2
Asset impairment		—											—											0.3
Other		0.4											0.1											1.3
	$	2.0										$	3.0										$	6.6

(2)		For the quarters ended September 27, 2026, June 28, 2026, and September 28, 2025, selling and administrative expenses included costs directly related to an ERP system implementation.
(3)		For the quarter ended June 28, 2026, adjustment to exclude actuarial gain recognized under GAAP in accordance with Teradyne's mark-to-market pension accounting.

	Nine Months Ended
	September 27, 2026			% of Net Revenues								September 28, 2025			% of Net Revenues
Net Revenues	$	3,917.4										$	2,106.7
Gross profit GAAP		2,346.8		59.9	%								1,237.7		58.8	%
Inventory step-up		0.1		0.0	%								0.9		0.0	%
Gross profit non-GAAP		2,346.9		59.9	%								1,238.6		58.8	%
Income from operations - GAAP		1,312.8		33.5	%								356.9		16.9	%
Acquired intangible assets amortization		12.4		0.3	%								11.8		0.6	%
Restructuring and other (1)		8.5		0.2	%								23.5		1.1	%
ERP related expenses (2)		7.9		0.2	%								2.9		0.1	%
Inventory step-up		0.1		0.0	%								0.9		0.0	%
Income from operations - non-GAAP	$	1,341.7		34.3	%							$	396.0		18.8	%

						Earnings per Common Share attributable to Teradyne											Earnings per Common Share attributable to Teradyne
	September 27, 2026			% of Net Revenues		Basic			Diluted			September 28, 2025			% of Net Revenues		Basic			Diluted
Net income attributable to Teradyne - GAAP	$	1,115.8		28.5	%	$	7.14		$	7.08		$	296.8		14.1	%	$	1.85		$	1.85
Amortization of equity method investment		22.9		0.6	%		0.15			0.15			22.5		1.1	%		0.14			0.14
Acquired intangible assets amortization		12.4		0.3	%		0.08			0.08			11.8		0.6	%		0.07			0.07
Restructuring and other (1)		8.5		0.2	%		0.05			0.05			23.5		1.1	%		0.15			0.15
ERP related expenses (2)		7.9		0.2	%		0.05			0.05			2.9		0.1	%		0.02			0.02
Inventory step-up		0.1		0.0	%		0.00			0.00			0.9		0.0	%		0.01			0.01
Non-GAAP noncontrolling interest adjustment		(0.6	)	-0.0	%		(0.00	)		(0.00	)		—		—			—			—
Pension actuarial losses (gains) (3)		(0.2	)	-0.0	%		(0.00	)		(0.00	)		0.1		0.0	%		0.00			0.00
Pension settlement loss (gain)		(0.1	)	-0.0	%		(0.00	)		(0.00	)		(0.8	)	-0.0	%		(0.01	)		(0.00	)
Loss (gain) on foreign exchange contract		—		—			—			—			(0.6	)	-0.0	%		(0.00	)		(0.00	)
Exclude discrete tax adjustments		(11.0	)	-0.3	%		(0.07	)		(0.07	)		0.4		0.0	%		0.00			0.00
Non-GAAP tax adjustments		(4.0	)	-0.1	%		(0.03	)		(0.03	)		(8.4	)	-0.4	%		(0.05	)		(0.05	)
Net income attributable to Teradyne - non-GAAP	$	1,151.8		29.4	%	$	7.37		$	7.31		$	349.1		16.6	%	$	2.18		$	2.18

GAAP and non-GAAP weighted average common shares - basic		156.4											160.0
GAAP and non-GAAP weighted average common shares - diluted		157.6											160.4

(1) Restructuring and other consists of:
	Nine Months Ended
	September 27, 2026											September 28, 2025
Acquisition and divestiture related expenses	$	4.5										$	2.0
Employee severance (a)		3.4											18.5
Asset impairment		—											1.5
Other		0.5											1.4
	$	8.5										$	23.4

(a) For the nine months ended September 28, 2025, employee severance relates primarily to Robotics restructuring which impacted approximately 150 employees.

(2)		For the nine months ended September 27, 2026 and September 28, 2025, selling and administrative expenses included costs directly related to an ERP system implementation.
(3)		For the nine months ended September 27, 2026, and September 28, 2025, adjustments to exclude actuarial gains and losses, respectively, recognized under GAAP in accordance with Teradyne's mark-to-market pension accounting.

GAAP to Non-GAAP Reconciliation of Fourth Quarter 2026 guidance:

GAAP and non-GAAP fourth quarter revenue guidance:		$1,250 million		to		$1,350 million
GAAP net income attributable to Teradyne per diluted share	$	1.88			$	2.18
Exclude acquired intangible assets amortization		0.03			$	0.03
Exclude equity method investment amortization		0.05			$	0.05
Non-GAAP tax adjustments		(0.01	)		$	(0.01	)
Non-GAAP net income attributable to Teradyne per diluted share	$	1.95			$	2.25

For press releases and other information of interest to investors, please visit Teradyne's homepage at http://www.teradyne.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20261027311442/en/

Amy McAndrews
Investor Relations
Tel 978.370.3945
Investor.relations@teradyne.com

News Provided by Business Wire via QuoteMedia

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