Teradyne Robotics hits $100M quarterly revenue, up 33% year over year

Teradyne Robotics, the robotics division of test-equipment supplier Teradyne Inc., reported $100 million（約160億円） in revenue for the second quarter of 2026, marking its fifth consecutive quarter of growth. The North Reading, Massachusetts-based parent company cited increased demand in semiconductors and data centers as the driver, with robotics division CEO Greg Smith emphasizing that the company's "strategy to capture test and robotics opportunities from wafer to AI data center has driven another record quarter."

The $100 million（約160億円） quarterly result represents a 33% increase from Q2 2025, when Teradyne Robotics generated $75 million（約120億円）, and a sequential rise from the $91 million（約150億円） posted in Q1 2026. Smith credited AI as the primary growth engine, noting that "all three of our business groups—Semiconductor Test, Product Test, and Robotics—grew year over year and quarter over quarter," with AI-driven revenue exceeding 60% of the company's total. Within robotics specifically, the fastest-growing segments are electronics manufacturing and semiconductors. Smith stated, "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."

This turnaround follows years of challenge. Teradyne Robotics—which includes Universal Robots (UR), a maker of force- and power-limited robots, and MiR, a mobile robot provider (both headquartered in Odense, Denmark)—posted pandemic-era peaks of $326 million（約520億円） in annual revenue in 2022 but declined to $293 million（約470億円） by 2024. In response, the company conducted two rounds of layoffs in 2025: a 10% global workforce reduction in January and a 14% reduction in November, which leadership described as a "proactive step" to strengthen the business. The recent revenue growth suggests that restructuring, combined with AI demand, is starting to reverse the decline.

Geographically, the U.S. market is becoming increasingly important to Teradyne Robotics. In Q2 2026, U.S. sales accounted for 32% of the division's total revenue, prompting the company to announce plans to launch a manufacturing center in Michigan later in 2026 to meet domestic demand. Chief Financial Officer Michelle Turner expressed confidence that growth would continue through the remainder of 2026. Looking further ahead, CEO Smith indicated that "rapid increase in wafer fab equipment investment sets the stage for continued growth in 2027 and beyond," suggesting the AI-driven momentum is expected to persist.