Teradyne Robotics Revenue Rises 33% Year Over Year in Q2 2026

Teradyne Robotics has reported $100 million in revenue for the second quarter of 2026, marking a 33% year-over-year increase driven by accelerating demand for artificial intelligence infrastructure and industrial automation.

The North Reading, Massachusetts-based unit of Teradyne Inc. recorded its fifth consecutive quarter of growth, rising from $75 million in Q2 2025 and $91 million in Q1 2026. The robotics business includes Odense, Denmark-based collaborative robot maker Universal Robots and mobile robot provider Mobile Industrial Robots (MiR).

While robotics revenue represents 8% of Teradyne's total quarterly revenue, U.S. sales surged to 32% of overall robotics revenue. To support this expanding market demand, Teradyne plans to open a new manufacturing center in Michigan later this year.

Greg Smith, CEO of Teradyne, stated:

"Our strategy to capture test and robotics opportunities from wafer to AI data center has driven another record quarter. This strength became evident in the year-on-year market expansion for all three of our business groups."

Smith identified AI infrastructure as the primary growth driver, noting that AI-related demand accounts for over 60% of company revenue, with electronics manufacturing and semiconductors emerging as the fastest-growing robotics segments.

Teradyne Chief Financial Officer Michelle Turner expects this upward trajectory to continue through the remainder of 2026, following historical revenue declines in 2023 and 2024 and two workforce restructurings in 2025.

With assembly and automated test markets expanding rapidly across global technology supply chains, Teradyne Robotics remains strategically positioned to capture mid-double-digit growth through advanced collaborative robotics and autonomous mobile platforms.