Teradyne’s Q1 revenue rises to $1.28 billion
Teradyne delivered 87% revenue growth in Q1 FY2026, with $2.56 non-GAAP EPS, driven by AI demand.
The company’s Semiconductor Test franchise is capturing the test-equipment spend behind every AI accelerator, memory stack, and networking chip.
Teradyne’s non-GAAP operating margin expanded to 37.5% in Q1 FY2026, from 20.5% a year earlier, with roughly 70% of revenue tied to AI-related demand.
The company reports Q2 FY2026 earnings on July 29, providing insight into its exposure to the AI buildout.