Quarterly guidance

Revenue
$1.25 billion to $1.35 billion
Non-GAAP EPS
$1.95 to $2.25
Gross Margin
57.5% to 58.5%
Operating Expenses
28.5% to 29.5% of sales

Annual guidance

Annual Revenue
Approximately $5.2 billion for the full year 2026

Outlook

Compute demand
Expected to reaccelerate in Q4 and remain a key growth driver.
Memory
Significant year-on-year growth expected in 2027 driven by fab expansions and HBM.
Robotics
Robust growth expected in 2027, with physical AI adoption in the early innings.
Capacity
The company is aggressively adding capacity for memory and power test lines to support future growth.
Hyperscaler programs
Expected to be back-half loaded in 2027.
CPO/NPO
Viewed as a long-term growth market with a potential TAM of $300 million to $700 million by 2028.