NORTH READING – Teradyne, Inc. (NASDAQ: TER) on Tuesday reported 4.34% YoY increase in revenue to $769 million for the third quarter of 2025 of which $606 million was in Semiconductor Test, $88 million in Product Test, and $75 million in Robotics.
According to stock filing, GAAP net income for the third quarter of 2025 was $119.6 million, or $0.75 per diluted share. On a non-GAAP basis, Teradyne’s net income for the third quarter of 2025 was $135.9 million, or $0.85 per diluted share, which excluded acquired intangible asset amortization, restructuring and other charges, pension mark-to-market adjustment, and included the related tax impact on non-GAAP adjustment.
“Our Semiconductor Test Group delivered third quarter sales that exceeded expectations, driving company sales and profit to the high end of our Q3 guidance range,” said Teradyne CEO, Greg Smith.
“Growth was driven primarily by System-on-a-Chip (SOC) solutions for artificial intelligence applications and strong performance in memory. As we look ahead to Q4, AI-related test demand remains robust across compute, networking and memory segments. Q4’25 sales are expected to increase 25% sequentially and 27% from Q4’24.”
Guidance for the fourth quarter of 2025 is revenue of $920 million to $1,000 million, with GAAP net income of $1.12 to $1.39 per diluted share and non-GAAP net income of $1.20 to $1.46 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.