Teradyne, Inc. (TER) Earnings Call Transcripts
Teradyne, Inc.'s Latest Earnings Call - September 9, 2026
In the Q3 2026 earnings call for Teradyne, Inc. (TER:US), management highlighted strong growth prospects driven by increased semiconductor capital spending and the AI build-out. Revenue for the quarter was robust, with expectations for continued acceleration into 2027, particularly in the semiconductor test and robotics segments. The company maintained its guidance, signaling confidence in capturing market share in AI and custom silicon testing, while also addressing potential challenges in the networking and memory markets.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $X.XB (beat) |
| EPS | $X.XX (beat) |
| Gross Margin | 60% (inline) |
| OpEx Growth | X% (neutral) |
| Semiconductor Capital Spend | $250B (positive) |
| Robotics Revenue Growth | tripled (positive) |
Guidance from management
Teradyne maintained its guidance for continued revenue growth, particularly in the semiconductor test and robotics segments, with expectations for significant market share gains in custom silicon testing by 2027.
What analysts pressed on
Analysts expressed concerns about the competitive landscape in the networking segment and the potential for slower growth compared to other areas, particularly AI ASICs. There were also questions regarding the sustainability of growth in the memory market amidst changing dynamics.
Main topics on the call
- AI Build-Out Driving Growth — Management emphasized that Teradyne's exposure to the AI build-out is a unifying theme across its semiconductor, robotics, and product test businesses. CEO Greg Smith stated, "we have exposure to the whole value chain, a...
- Semiconductor Capital Spending Increase — The semiconductor capital spend is projected to rise significantly, from $120 billion in 2023 to potentially $250 billion by 2028. Smith noted, "the money is that semiconductor capital spend is going to be increasing pre...
- Robotics Business Growth — The robotics segment is expected to triple revenue from a major customer in e-commerce logistics from 2026 to 2027. Smith highlighted, "revenue from that major customer tripled from '25 to '26. We expect it to triple aga...
- Custom Silicon Opportunities — Teradyne is positioned to capture significant market share in custom silicon testing, with expectations of gaining up to 30% share in a key account over the next 3 to 5 years. Smith stated, "we would expect to finish tho...
Read the full Teradyne, Inc. transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Teradyne, Inc.
Teradyne, Inc. (TER) is a publicly listed company in the Semiconductors and Semiconductor Equipment industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 42 calls on record spanning January 23, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 42 Teradyne, Inc. earnings call transcripts on record, spanning January 23, 2020 to September 9, 2026. Based on this history, Teradyne, Inc. reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- TER
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Calls on record
- 42
- First call
- January 23, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly