{"slug": "teradyne-robotics-revenue-rises-33-year-over-year-in-q2", "title": "Teradyne Robotics revenue rises 33% year over year in Q2", "summary": "Teradyne Robotics reported $100 million in revenue for Q2 2026, a 33% year-over-year increase from $75 million in Q2 2025, marking its fifth consecutive quarter of growth. CEO Greg Smith said AI-driven demand, which accounts for over 60% of Teradyne's revenue, is the primary driver of the record quarter. The company plans to launch a manufacturing center in Michigan later this year to meet rising U.S. demand, which grew to 32% of robotics sales.", "body_md": "Teradyne Robotics this week said it brought in $100 million in revenue in the second quarter of 2026. The North Reading, Mass.-based company is a unit of automated test equipment supplier Teradyne Inc., which said it expects an increase in semiconductor and data center demand to increase sales.\n\n“Our strategy to capture test and robotics opportunities from wafer to AI data center has driven another record quarter,” stated Greg Smith, CEO of Teradyne. “This strength became evident in the year-on-year market expansion for all three of our business groups.”\n\n“In the short term, our Q3 guidance reflects robust AI-related demand,” he added. “Looking further ahead, rapid increase in wafer fab equipment investment sets the stage for continued growth in 2027 and beyond.”\n\nTeradyne Robotics includes [force- and power-limited robot](https://www.therobotreport.com/category/robots-platforms/collaborative-robot/) maker Universal Robots ([UR](https://www.therobotreport.com/tag/universal-robots)) and [mobile robot](https://www.therobotreport.com/category/robots-platforms/amrs/) provider ([MiR](https://www.therobotreport.com/tag/mobile-industrial-robots/)), both of which are headquartered in Odense, Denmark.\n\n## Teradyne Robotics marks continued growth\n\nThe $100 million in quarterly revenue is an increase from the $91 million that Teradyne Robotics made in [Q1 2026](https://www.therobotreport.com/teradyne-robotics-revenue-rises-start-2026/). The [company](https://www.therobotreport.com/tag/teradyne-robotics) marked its fifth consecutive quarter of growth. It also reported 33% year-over-year revenue growth from Q2 2025, when it made $75 million.\n\nWhile Teradyne Robotics’ revenue is growing, it’s making up a smaller part of Teradyne’s overall business. Robotics made up 8% of the company’s total revenue this quarter, a slight increase from 7% last quarter but down from the 12% it made up last year. Back in Q4 2023, robotics earned about 19% of Teradyne’s total revenue.\n\nThe company also noted that the U.S. market is becoming increasingly important. In Q2 2026, U.S. sales increased to 32% of Teradyne Robotics’ overall sales. To keep up with this demand, Teradyne [plans to launch](https://www.therobotreport.com/teradyne-robotics-leaning-into-u-s-manufacturing-reboot/) a manufacturing center in Michigan later this year.\n\nLooking ahead to the second half of the year, Michelle Turner, chief financial officer of Teradyne, said she expects the company’s growth to continue through the rest of 2026.\n\n## AI is driving Teradyne’s revenue growth, says CEO\n\nSmith started Teradyne’s earnings call with a clear statement: [AI](https://www.therobotreport.com/category/design-development/ai-cognition/) is the main driver of its second quarter of record revenue growth.\n\n“All three of our business groups — Semiconductor Test, Product Test, and Robotics — grew year over year and quarter over quarter, highlighting the AI demand across all parts of the business,” Smith said during the call. “At more than 60%, AI-driven revenue is the key proof point that our wafer-to-AI data center strategy is delivering results.”\n\nSmith said he expects AI interest, and in particular AI data center buildouts, will continue to drive robotics revenue. The fastest growing segments in robotics for Teradyne Robotics are electronics manufacturing and semiconductors, he explained.\n\n“We believe that there is currently a multibillion-dollar market for assembly, automation, test, and burn-in equipment, and we expect mid-double-digit growth rates through the end of the decade,” said Smith. “By addressing these applications with enhanced production board test, optical test, backplane test, and robotic-assisted test and assembly, Teradyne is uniquely positioned to follow the value chain, from wafer to data center.”\n\nTeradyne’s AI strategy has been key to recovering its robotics revenue in recent years. The [company](https://www.teradyne.com/robotics/) grew rapidly during the COVID-19 pandemic, but since then, it has struggled to keep the momentum going.\n\nThe company posted $311 million in revenue in 2021, up 41% from 2020 and 23% above 2019 pre-pandemic levels. Growth peaked at $326 million in 2022, then declined to $304 million in 2023 and $293 million in 2024.\n\nIn 2025, Teradyne experienced two rounds of layoffs. In January, it [laid off](https://www.therobotreport.com/teradyne-robotics-group-lays-off-10-percent-global-staff/) 10% of its global workforce, and later in the year, in November, it [laid off](https://www.therobotreport.com/teradyne-robotics-lays-off-another-14-of-workforce/) another 14% of its workforce. At the time, Teradyne called the layoffs a “proactive step” to strengthen its business.", "url": "https://wpnews.pro/news/teradyne-robotics-revenue-rises-33-year-over-year-in-q2", "canonical_source": "https://www.therobotreport.com/teradyne-robotics-revenue-rises-33-year-over-year-in-q2/", "published_at": "2026-07-30 17:38:52+00:00", "updated_at": "2026-07-30 18:00:44.611536+00:00", "lang": "en", "topics": ["robotics", "artificial-intelligence"], "entities": ["Teradyne Robotics", "Teradyne Inc.", "Greg Smith", "Universal Robots", "MiR", "Michelle Turner"], "alternates": {"html": "https://wpnews.pro/news/teradyne-robotics-revenue-rises-33-year-over-year-in-q2", "markdown": "https://wpnews.pro/news/teradyne-robotics-revenue-rises-33-year-over-year-in-q2.md", "text": "https://wpnews.pro/news/teradyne-robotics-revenue-rises-33-year-over-year-in-q2.txt", "jsonld": "https://wpnews.pro/news/teradyne-robotics-revenue-rises-33-year-over-year-in-q2.jsonld"}}