InTest expects record Q3 2026 orders of $48M–$50M
Backlog is expected at $58 million to $60 million, while full-year 2026 revenue is expected at the high end of guidance.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
InTest Corporation (INTT) expects record third-quarter 2026 orders of $48 million to $50 million, an increase of 28% to 33% compared with the third quarter of 2025, and an estimated book-to-bill ratio above 1.3x. Revenue is expected at the high end of the company’s $33 million to $35 million guidance range, representing growth of more than 30% compared with $26.2 million in the third quarter of 2025. Backlog is expected to be $58 million to $60 million as of September 30, 2026, up approximately 28% to 32% from $45.4 million as of June 30, 2026.
These selected results are preliminary and subject to completion of financial closing procedures; actual results may vary materially. InTest defines orders as written customer requests for products or services and backlog as firm purchase orders for which revenue has not yet been recognized; contracts may include customer cancellation, termination or suspension provisions. Management said record back-end semiconductor orders led Q3 order activity and expects full-year 2026 revenue at the high end of its guidance range. InTest plans to report Q3 results on November 6, 2026.
1 point · 0 major0 major · 0 points
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate point. Forward-looking: it has not happened yet and may not happen.Q3 revenue is expected to grow more than 30% versus Q3 2025.
Negative
- None.
Insights
Analyzing...
8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Orders: $48 million to $50 million
Orders growth: 28% to 33%
Book-to-bill ratio: Above 1.3x
+4 more
7 metrics
Orders
$48 million to $50 million
Expected for the third quarter of 2026; described as record orders.
Orders growth
28% to 33%
Compared with the third quarter of 2025.
Book-to-bill ratio
Above 1.3x
Estimated for the third quarter of 2026.
Revenue
$33 million to $35 million
Third-quarter 2026 guidance range; revenue is expected at the high end.
Revenue growth
More than 30%
Expected compared with $26.2 million in the third quarter of 2025.
Backlog
$58 million to $60 million
Expected as of September 30, 2026.
Backlog growth
Approximately 28% to 32%
Compared with $45.4 million as of June 30, 2026.
Key Terms
book-to-bill ratio, backlog, non-GAAP measure, forward-looking statements
4 terms
book-to-bill ratio financial
"estimated book-to-bill ratio above 1.3x"
The book-to-bill ratio compares the value of new orders a company receives to the value of products it ships out or bills for over a certain period. If the ratio is above 1, it means the company is getting more orders than it is completing, which can indicate growth. If it's below 1, it suggests demand is slowing down.
backlog financial
"firm purchase orders we receive for which revenue has not yet been recognized"
A backlog is the amount of work or orders that a company has received but hasn't completed yet. It’s like a restaurant with many dishes to serve; the backlog shows how many orders are still waiting to be finished. It matters because a large backlog can indicate strong demand or potential delays in delivering products or services.
non-GAAP measure financial
"does not meet the definition of a non-GAAP measure"
A non-GAAP measure is a company-crafted financial metric that adjusts or excludes items from standard accounting numbers to highlight what management sees as the business’s core performance. Investors use these figures like a filtered photo to reveal trends or cash flow drivers that raw accounting totals might hide, but because companies decide which items to remove, these measures should be compared with standard statements to avoid being misled.
forward-looking statements regulatory
"includes forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Earnings Snapshot
Orders: $48 million to $50 million · Guidance included
Third quarter ended September 30, 2026 (preliminary estimates)
Orders
$48 million to $50 million
Increase of 28% to 33% compared with the third quarter of 2025
Revenue
$33 million to $35 million guidance range; expected at the high end
More than 30% growth compared with $26.2 million in the third quarter of 2025
Backlog
$58 million to $60 million as of September 30, 2026
Up approximately 28% to 32% from $45.4 million as of June 30, 2026
Guidance
Full-year 2026 revenue is expected at the high end of the guidance range.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much revenue and how many orders does INTT expect for Q3 2026?
INTT expects Q3 2026 revenue at the high end of its $33 million to $35 million guidance range and orders of $48 million to $50 million. These selected results are preliminary and subject to completion of financial closing procedures; actual results may vary materially.
What is INTT's expected backlog at September 30, 2026?
Backlog is expected to be $58 million to $60 million as of September 30, 2026. InTest defines backlog as firm purchase orders for which revenue has not yet been recognized, and says contracts may include cancellation, termination or suspension provisions at customers’ discretion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of Principal Executive Offices, including zip code)
(856 ) 505-8800
(Registrant's Telephone Number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02. Results of Operations and Financial Condition.
On October 5, 2026, InTest Corporation (the “Company”) issued a press release providing its expected revenue and orders for the third quarter ended September 30, 2026, and expected backlog as of September 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under such section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01. Financial Statements and Exhibits
(d)Exhibits
| Exhibit No. | Description | ||||
| 99.1 | Press Release dated October 5, 2026. | ||||
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. | ||||
__________________________________________________________________________
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| InTest CORPORATION | |||||||||||
| By: | /s/ Duncan Gilmour | ||||||||||
| Duncan Gilmour | |||||||||||
| Chief Financial Officer, Treasurer and Secretary | |||||||||||
Date: October 5, 2026
Exhibit 99.1
 | NEWS RELEASE | ||||
804 EAST GATE DRIVE, SUITE 200, MOUNT LAUREL, NJ 08054
FOR IMMEDIATE RELEASE
InTest Expects Record Orders for Q3 2026 and Revenue at High End of Guidance Range for Q3 and Full Year 2026
•Q3 orders1 expected to be $48 million to $50 million, driven by record back-end semiconductor orders, resulting in an estimated book-to-bill ratio above 1.3x
•Backlog1 at the end of Q3 expected to be $58 million to $60 million
•Management to participate in the 18th Annual CEO Investor Summit on October 13, held during SEMICON West in San Francisco
•Plans to report third quarter results on November 6, 2026
MT. LAUREL, NJ – October 5, 2026 – InTest Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include Semiconductor, Automotive/EV, Defense/Aerospace, Industrial, Life Sciences, and Safety/Security, today announced estimated revenue and orders, for the quarterly period ended September 30, 2026, and estimated backlog at September 30, 2026, based on a review of its preliminary financial results for the quarter. The Company expects to report third quarter 2026 results on Friday, November 6, 2026.
Selected Estimated Third Quarter of 2026 Results
The selected financial results in this press release are preliminary and subject to completion of the Company’s financial closing procedures. Actual results may vary materially from these selected preliminary financial results due to the completion of the Company’s financial closing procedures and other developments or information that may arise between now and the time of the finalization of the Company’s financial results for the three and nine months ended September 30, 2026.
•Record orders of $48 million to $50 million, an increase of 28% to 33% compared with the third quarter of 2025, led by record back-end semiconductor orders
•Revenue at the high end of the Company's guidance range of $33 million to $35 million, representing growth of more than 30% compared with $26.2 million in the third quarter of 2025
•Backlog of $58 million to $60 million at September 30, 2026, up approximately 28% to 32% from $45.4 million at June 30, 2026
Rich Rogoff, President and CEO, stated, “The increase in semiconductor demand we anticipated for the second half of the year has materialized, led by record back-end semiconductor orders. Demand for our advanced semiconductor test solutions is being driven by customers’ capacity expansions that are fueled in part by AI-driven data center demand. Our newer products, such as our high-powered chillers and advanced manipulators, are contributing substantially by addressing customers’ rising power conversion requirements and growing mixed-signal and analog test needs. With orders for semiconductor and other end-markets booked in prior quarters now shipping, we expect revenue for both the third quarter of 2026 and the full year to be at the high end of our guidance ranges. While order levels will vary from quarter to quarter with the timing of our customers’ capital investments, this quarter’s order activity has strengthened our backlog, positioning us for a strong finish to 2026 and to enter 2027 with promising momentum.”
1 Orders and Backlog are key performance metrics. See “Key Performance Indicators” below for important disclosures regarding InTest’s use of these metrics.
InTest Expects Record Orders for Q3 2026 and Revenue at High End of Guidance Ranges for Q3 and Full Year 2026
Page 2 of 3
October 5, 2026
18th Annual CEO Investor Summit – October 13, 2026, San Francisco
Management will participate in the 18th Annual CEO Investor Summit on October 13, 2026, at the St. Regis Hotel During SEMICON West in San Francisco. Attendance at the CEO Investor Summit is by invitation only and is available solely to accredited investors and publishing research analysts. Space is limited, please RSVP here.
About InTest Corporation
InTest Corporation is a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets including both the front-end and back-end of the semiconductor manufacturing industry (“Semi”), Automotive/EV, Defense/Aerospace, Industrial, Life Sciences and Safety/Security. Backed by decades of engineering expertise and a culture of operational excellence, InTest solves difficult thermal, mechanical, and electronic challenges for customers worldwide. InTest’s growth strategy leverages these strengths to grow organically and with acquisitions through the addition of innovative technologies, deeper and broader geographic reach, customer penetration and market expansion. For more information, visit https://www.intest.com/.
Key Performance Indicators
Management uses orders and backlog as key performance metrics to analyze and measure the Company’s financial performance and results of operations. Management uses orders and backlog as measures of current and future business and financial performance, and these may not be comparable with measures provided by other companies. Orders represent written communications received from customers requesting the Company to provide products and/or services. Backlog is calculated based on firm purchase orders we receive for which revenue has not yet been recognized. Management believes tracking orders and backlog are useful as they are often leading indicators of future performance. In accordance with industry practice, contracts may include provisions for cancellation, termination, or suspension at the discretion of the customer.
Given that each of orders and backlog are operational measures and that the Company’s methodology for calculating orders and backlog does not meet the definition of a non-GAAP measure, as that term is defined by the U.S. Securities and Exchange Commission, a quantitative reconciliation for each is not required or provided.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements do not convey historical information but relate to predicted or potential future events and financial results, such as statements of the Company’s plans, strategies and intentions, or our future performance or goals, that are based upon management’s current expectations. These forward-looking statements can often be identified by the use of forward-looking terminology such as ”approximately,” “expects,” “guidance,” “will,” “may,” “plan,” “potential,” “strategy,” “target,” “estimated,” or similar terminology. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, any mentioned in this press release as well as the Company’s ability to execute on its VISION 2030 Strategy; realize the potential benefits of acquisitions and successfully integrate any acquired operations; grow the Company’s presence in its key target and international markets; manage supply chain challenges; convert backlog to sales and to ship product in a timely manner; the success of the Company’s strategy to diversify its markets; the impact of inflation on the Company’s business and financial condition; indications of a change in the market cycles in the semi market or other markets served; changes in business conditions and general economic conditions both domestically and globally including changes in U.S. and/or foreign trade policy, rising interest rates and fluctuation in foreign currency exchange rates; changes in the demand for semiconductors; access to capital and the ability to borrow funds or raise capital to finance potential acquisitions or for working capital; changes in the rates and timing of capital expenditures by the Company’s customers; the impact of a material weakness in the Company’s internal controls over financial reporting; and other risk factors set forth from time to time in the Company’s Securities and Exchange Commission filings, including, but not limited to, the Annual Report on Form 10-K for the year ended December 31, 2025, and any subsequent Quarterly Reports on Form 10-Q. Any forward-looking statement made by the Company in this press release is based only on information currently available to management and speaks to circumstances only as of the date on which it is made. The Company undertakes no obligation to update the information in this press release to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events, except as required by law.
InTest Expects Record Orders for Q3 2026 and Revenue at High End of Guidance Ranges for Q3 and Full Year 2026
Page 3 of 3
October 5, 2026
Contacts:
| InTest Corporation | Investors: | ||||
| Duncan Gilmour | Jody Burfening / Sanjay M. Hurry | ||||
| Chief Financial Officer and Treasurer | Alliance Advisors IR | ||||
| Tel: (856) 505-8999 | INTTIR@allianceadvisors.com | ||||
| Tel: (212) 838-3777 | |||||
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