inTest Corporation

INTT Technology Semiconductor Equipment & Materials

inTest Corporation’s revenue for fiscal 2025 (year ended December 2025) was $113.8 million, down 12.9% from fiscal 2024.

Revenue
+25.5%
EPS
+200.0%
Free cash flow
+614.3%
Total debt
−38.1%

Quarter to June 2026, against a year earlier

13.11 0.81 +6.59%
Market cap
$157.8M
P/E
104×
Fwd P/E
57.9×
Dividend yield
—
F-score
4/9
Altman Z
2.55
Beneish M
−2.91
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.06
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 2 — — — — — — — —
Insider Ownership 5.81%

Capital & Financial Ratios $m

Size
Market Cap 157.76
Revenue ttm 128.26
Net income ttm 0.96
Free cash flow ttm 3.48
Net debt Q (15.86)
Valuation
P/E 103.67 (above 35: high)
Forward P/E 57.90 (above 35: high)
Price / sales 1.19
Forward P/S Powerpack
Price / FCF 44.00
Price / book 1.42
Financial health
Current ratio Q 2.49 (at or above 1.5: strong)
Debt / equity Q 0.06 (at or below 0.5: strong)
Interest coverage Q 5.76
Growth
Revenue growth Q +25.54% (above 0%: growing)
Operating income growth Q +139.16% (above 0%: growing)
EPS, this year +677.78% (at or above 15%: strong)
EPS, next year A +49.29% (at or above 15%: strong)
Revenue, next year A +22.38% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +146.62% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 89.51%
10-year low 10-year high
P/S against its own 10 years 63.59%
10-year low 10-year high
P/B against its own 10 years 48.59%
10-year low 10-year high
EV/Sales against its own 10 years 66.56%
10-year low 10-year high
EV/FCF against its own 10 years 83.39%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 45 20 18 22
Receivables 18 29 26 27
Inventory 20 27 32 28
Other — — — —
86 79 79 80
2023 2024 2025 Q'26
Payables 6 8 11 8
ST’ Debt 4 7 6 5
Other 5 5 6 5
24 32 36 32

Compound Annual Growth %

10y 5y 3y
Sales 11.34% 16.16% (0.86%)
Cash Flow 7.66% 17.63% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 11.17% 18.28% 16.85%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.04 — — —
’25 (0.19) (0.04) (0.08) 0.10 (0.21)
’24 0.05 0.02 0.04 0.12 0.24
’23 0.25 0.24 0.19 0.12 0.79
’22 0.05 0.20 0.23 0.30 0.78
’21 0.21 0.24 0.20 0.03 0.68
’20 (0.11) 0.02 0.04 (0.04) (0.09)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 34 35 — — —
’25 27 28 26 33 114
’24 30 34 30 37 131
’23 32 33 31 28 123
’22 24 30 31 32 117
’21 20 22 21 22 85
’20 11 13 14 15 54
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) 6 — — —
’25 6 (1) 3 (1) 7
’24 2 (5) 4 3 4
’23 2 3 6 5 16
’22 (3) (2) 1 2 (1)
’21 0 4 4 3 11
’20 0 0 2 1 3
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (4) 6 — — —
’25 5 (1) 3 (2) 6
’24 2 (5) 4 2 2
’23 2 2 6 4 15
’22 (3) (3) 1 2 (3)
’21 (1) 4 4 2 10
’20 0 0 2 1 3
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 40 67 79 61 54 85 117 123 131 114 128 +12.3% 139 149 157 +11.4%
Gross margin, % 50.66 51.93 50.15 48.18 44.78 48.57 45.74 46.21 42.41 42.98 43.35 (7.7) pt
EBT 4 4 5 3 (1) 8 10 11 3 (3) 1 n/m
EBT margin, % 10.46 5.75 6.42 4.29 (2.29) 9.90 8.68 8.96 2.64 (2.83) 1.07 (13.3) pt
Net income 3 1 3 2 (1) 7 8 9 3 (3) 1 n/m
Per share, $
Per share, $ Revenue 3.90 6.50 7.59 5.85 5.25 8.11 10.95 10.76 10.75 9.33 10.41 +10.2%
Earnings 0.26 0.09 0.29 0.22 (0.09) 0.70 0.79 0.82 0.24 (0.21) 0.12 n/m
Cash flow 0.42 0.70 1.06 (0.81) 0.32 1.04 (0.13) 1.41 0.31 0.60 0.44 +4.2%
Capex (0.03) (0.07) (0.21) (0.06) (0.06) (0.09) (0.13) (0.11) (0.11) (0.13) (0.16) +16.9%
Free cash flow 0.38 0.64 0.85 (0.87) 0.25 0.94 (0.26) 1.30 0.21 0.47 0.28 +2.2%
Book value 3.66 3.82 4.14 4.32 4.36 5.24 6.09 8.40 8.21 8.49 8.75 +9.8%
Shares, m 10 10 10 10 10 10 11 11 12 12 12 +1.9%
Valuation, ×
Valuation, × P/E 17.18 87.50 20.43 27.05 0.00 18.17 13.78 16.13 35.79 0.00 103.67 23.6
P/S 1.18 1.35 0.81 1.02 1.24 1.57 0.99 1.23 0.80 0.80 1.19 1.1
P/B 1.26 2.29 1.48 1.38 1.49 2.43 1.79 1.58 1.05 0.88 1.42 1.6
EV/Sales 0.47 1.15 0.58 0.98 1.18 1.56 1.02 0.96 0.76 0.71 1.07 0.9
EV/FCF 4.77 11.74 5.21 (6.56) 24.44 13.40 (43.15) 7.96 39.88 14.18 39.44 7.2
Cash, $m
Cash, $m Operating cash flow 4 7 11 (8) 3 11 (1) 16 4 7 5 +6.1%
Capex 0 (1) (2) (1) (1) (1) (1) (1) (1) (2) (2) +19.1%
Free cash flow 4 7 9 (9) 3 10 (3) 15 2 6 3 +4.1%
Balance, $m
Balance, $m Working capital 33 17 14 17 18 27 33 61 47 43 48 +3.0%
Net debt (29) (13) (18) (3) (3) (1) 3 (33) (5) (11) (16) (10.5%)
Shareholders’ equity 38 39 43 45 45 55 65 96 100 104 108 +11.9%
Returns, %
Returns, % ROA 6.42 1.85 4.68 3.66 (1.47) 8.78 7.91 7.63 2.01 (1.66) 1.05 (8.1) pt
ROIC 28.24 8.68 12.94 3.76 (1.82) 9.84 9.92 10.35 2.23 (2.50) 0.95 (30.7) pt
ROE 7.21 2.53 7.39 5.29 (2.00) 14.63 14.13 11.59 2.95 (2.48) 1.49 (9.7) pt
People
People Employees 113 199 209 198 204 316 346 334 425 407 — +15.3%
Revenue/emp, $m 0.36 0.34 0.38 0.31 0.26 0.27 0.34 0.37 0.31 0.28 — (2.6%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

inTest Corporation vs peers in Semiconductor Equipment & Materials (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
COHU Cohu, Inc. $1.7B — (loss-making) 353× +37.00% (above 0%: growing) n/m +116.61% (above 0%: growing) 45.51% 7.40% Compare
AEHR Aehr Test Systems $1.6B — (loss-making) 106× +33.69% (above 0%: growing) n/m +133.16% (above 0%: growing) 42.57% (6.40%) Compare
PLAB Photronics, Inc. $1.5B 9.0× 12.3× +2.69% (above 0%: growing) +25.00% (above 0%: growing) +56.06% (above 0%: growing) 33.20% 21.06% Compare
ICHR Ichor Holdings, Ltd. $1.1B 483× 54.5× +37.36% (above 0%: growing) n/m −1,983.47% (below 0%: shrinking) 15.83% 6.94% Compare
NANO Forge Nano Holdings, Inc. $522.3M — — — — — — — Compare
ASYS Amtech Systems, Inc. $194.1M 41.8× 39.2× +14.45% (above 0%: growing) +1,386.49% (above 0%: growing) −47.84% (below 0%: shrinking) 50.01% 9.86% Compare
INTT inTest Corporation $157.8M 104× 57.9× +25.54% (above 0%: growing) n/m +614.26% (above 0%: growing) 40.49% 1.03%
ATOM Atomera Incorporated $101.8M — (loss-making) — (loss-making) +3,850.00% (above 0%: growing) n/m +5.57% (above 0%: growing) 83.54% 0.00% Compare
TRT Trio-Tech International $47.1M — (loss-making) 19.5× +39.92% (above 0%: growing) n/m +118.83% (above 0%: growing) 18.61% (1.78%) Compare
Median of peers $786.2M 41.8× 46.9× +37.00% — +56.06% 42.57% 6.94%

All 30 Semiconductor Equipment & Materials stocks →

Pay and ownership Proxy statement filed 28 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 1.10m 781.65k 72.52
2024 1.12m 283.35k 67.53
2023 1.14m 2.68m 209.55

Ownership

Directors and executive officers, together 5.20%
Royce & Associates, LP 11.40%
Thomas A. Satterfield, Jr. 8.00%
The Vanguard Group 6.40%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

inTest Corporation (INTT) Latest News

19 May

Impact 3 · · Zacks

13 May

Impact 4 · · Insider Monkey

1 Apr

Impact 4 · · Business Wire

6 Mar

Impact 3 · · Insider Monkey

28 Feb

10 Dec

5 Nov

Impact 4 · · Business Wire
Impact 3 · · ZacksGuruFocus.comZacks
stockrow.com/INTT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com