Teradyne said Semiconductor Test revenues decreased $68.0 million (12.1%) in Q2, Robotics revenues decreased $15.3 million (17.0%), and Product Test revenues increased $5.4 million (6.8%).

10-QQuarterly reportFiled Aug 1, 2025Period of report Jun 29, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Teradyne said Semiconductor Test revenues decreased $68.0 million (12.1%) in Q2, Robotics revenues decreased $15.3 million (17.0%), and Product Test revenues increased $5.4 million (6.8%).
The company cited lower overall volume and margin declines at Robotics as factors for the 1.1-point decrease in gross profit as a percent of revenue in Q2. It added that Robotics recorded a quarterly loss amid ongoing macroeconomic challenges and leadership changes.
Teradyne said operating activities provided $343.7 million in cash during the 6 months of 2025, and it repurchased 3.0 million shares for $274.9 million and paid $38.6 million in dividends.
The company said it acquired Quantifi Photonics on May 31, 2025 for a total purchase price of approximately $127.2 million, and acquired Infineon's AET on January 31 for 17.6 million Euros ($18.3 million).

Key figures

Quarter ended June 29, 2025

Revenue: $652M
Operating income: $91M
Net income: $78M
EPS: $0.49
Gross profit: $373M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q2 Segment Revenue Changes

Teradyne said Semiconductor Test revenues decreased $68.0 million (12.1%) in Q2, Robotics revenues decreased $15.3 million (17.0%), and Product Test revenues increased $5.4 million (6.8%).

Source · Based on the MD&A text of the filing

Q2 Gross Profit Margin and Robotics Loss

The company cited lower overall volume and margin declines at Robotics as factors for the 1.1-point decrease in gross profit as a percent of revenue in Q2. It added that Robotics recorded a quarterly loss amid ongoing macroeconomic challenges and leadership changes.

Source · Based on the MD&A text of the filing

6-Month Cash Flow and Shareholder Returns

Teradyne said operating activities provided $343.7 million in cash during the 6 months of 2025, and it repurchased 3.0 million shares for $274.9 million and paid $38.6 million in dividends.

Source · Based on the MD&A text of the filing

Quantifi Photonics and AET Acquisitions

The company said it acquired Quantifi Photonics on May 31, 2025 for a total purchase price of approximately $127.2 million, and acquired Infineon's AET on January 31 for 17.6 million Euros ($18.3 million).

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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