TER Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-28), TER reported revenue of $1.3B, gross profit of $795M (59.8% gross margin), operating income of $438M, and net income of $375M (28.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

TER was profitable; revenue grew 72.8% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+72.8%+213.3%+12.6 pp

Consensus estimate data is not available for this report.

TER Q2 2026 Income Statement

TER Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$1.3B100%
Cost of Revenue−$534M40.2%
Gross Profit$795M59.8%
Research & Development−$156M11.8%
Selling, General & Administrative−$193M14.5%
Other Operating Expenses−$8M0.6%
Operating Income$438M32.9%
Other Income, net$6M0.4%
Income Tax Expense−$67M5.0%
Net Income$375M28.2%

Source: TER filings on SEC EDGAR (period ended 2026-06-28). Data normalized by EarningsFyi.