INTEST CORPINTTEarnings & Financial Report
INTTEST Corp designs, manufactures and distributes precision test and process control solutions for the global semiconductor manufacturing ecosystem. Its offerings include thermal management systems, test interface hardware, and wafer handling tools, serving semiconductor fabs, chip design firms, and automotive and industrial electronics end segments.
Revenue
$28.1M
Gross Profit
$12.0M
Operating Profit
$-927.0K
Net Profit
$-503.0K
Gross Margin
42.6%
Operating Margin
-3.3%
Net Margin
-1.8%
YoY Growth
-17.2%
EPS
$-0.04
INTEST CORP Q2 FY2025 Financial Summary
INTEST CORP reported revenue of $28.1M (down 17.2% YoY) for Q2 FY2025, with a net profit of $-503.0K (down 318.7% YoY) (-1.8% margin). Cost of goods sold was $16.2M, operating expenses totaled $12.9M.
Key Financial Metrics
| Total Revenue | $28.1M |
|---|---|
| Net Profit | $-503.0K |
| Gross Margin | 42.6% |
| Operating Margin | -3.3% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
INTEST CORP Q2 FY2025 revenue of $28.1M breaks down across 6 segments, led by Semiconductor Market at $10.2M (36.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Semiconductor Market | $10.2M | 36.2% |
| Semiconductor Production Test Products | $5.9M | 21.1% |
| Oem Integrators And Distributor | $4.9M | 17.6% |
| Service And Other Products | $3.7M | 13.1% |
| Other Multi Markets | $2.4M | 8.6% |
| Flying Probe And Incircuit Testers | $1.2M | 4.3% |
INTEST CORP Revenue by Segment — Quarterly Trend
INTEST CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Semiconductor Market and Semiconductor Production Test Products) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Semiconductor Market | $6.9M | $9.8M | $10.2M | — |
| Semiconductor Production Test Products | $3.0M | $5.2M | $5.9M | $4.7M |
| Oem Integrators And Distributor | $3.5M | — | $4.9M | $4.2M |
| Service And Other Products | $4.8M | $4.4M | $3.7M | — |
| Other Multi Markets | — | $2.6M | $2.4M | — |
INTEST CORP Annual Revenue by Year
INTEST CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $113.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $113.8M |
| 2024 | $130.7M |
| 2023 | $123.3M |
| 2022 | $116.8M |
INTEST CORP Quarterly Revenue & Net Profit History
INTEST CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $32.8M | -10.3% | $1.2M | 3.8% |
| Q3 FY2025 | $26.2M | -13.3% | $-938.0K | -3.6% |
| Q2 FY2025 | $28.1M | -17.2% | $-503.0K | -1.8% |
| Q1 FY2025 | $26.6M | -10.7% | $-2.3M | -8.7% |
| Q4 FY2024 | $36.6M | +31.3% | $1.5M | 4.1% |
| Q3 FY2024 | $30.3M | -2.2% | $495.0K | 1.6% |
| Q2 FY2024 | $34.0M | +4.4% | $230.0K | 0.7% |
| Q1 FY2024 | $29.8M | -6.6% | $662.0K | 2.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $29.8M | $34.0M | $30.3M | $36.6M | $26.6M | $28.1M | $26.2M | $32.8M |
| YoY Growth | -6.6% | 4.4% | -2.2% | 31.3% | -10.7% | -17.2% | -13.3% | -10.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $159.5M | $160.6M | $158.4M | $152.3M | $148.0M | $149.7M | $148.3M | $151.3M |
| Liabilities | $60.2M | $61.1M | $58.0M | $52.5M | $48.6M | $47.1M | $46.4M | $47.7M |
| Equity | $99.3M | $99.5M | $100.4M | $99.8M | $99.4M | $102.6M | $101.9M | $103.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.1M | $-5.1M | $4.2M | $2.6M | $5.5M | $-688000 | $3.5M | $-1.0M |