Earnings call briefThird-quarter 2026

Teradyne expects fourth-quarter gross margin of 57.5% to 58.5%

Chief Financial Officer Michelle L. Turner said full-year 2026 gross margin will be about 59.4%.

GetSignal Teradyne TER

On its third-quarter call, Teradyne said operating expenses are expected to run at 28.5% to 29.5% of fourth-quarter sales. It also expects a non-GAAP operating profit rate of 28% to 30% in the quarter.

Quotes from the call

“...Gross margins are expected to be in the range of 57.5% to 58.5% reflective of product mix and new product launches.”

Michelle L. Turner, CFO

Key facts from the call

Expected fourth-quarter gross margin
57.5% to 58.5%
Expected 2026 gross margin
about 59.4%
Expected fourth-quarter operating expenses
28.5% to 29.5% of sales
Expected fourth-quarter non-GAAP operating profit rate
28% to 30%

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Source: Teradyne's third-quarter 2026 earnings call, October 28, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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