Revenue and Gross Margin Performance
inTEST Corporation delivered over $28 million in revenue with gross margins above 42% in the second quarter of 2025, reflecting incremental improvement amid ongoing global economic challenges.
Debt Reduction Achievements
The company reduced debt by $1.7 million during the quarter and nearly $5 million year-to-date, bringing total debt down to approximately $10 million.
Strategic Expansion in Malaysia
Completion of manufacturing space in Malaysia on schedule, with plans to begin manufacturing first article products in the second half of 2025 and ramp-up production in 2026.
Order Growth in Key Markets
Orders for the quarter grew 10% sequentially to nearly $28 million, with significant increases in auto/EV (40% increase to $7.1 million) and life sciences (more than doubled to $2.9 million).
Strong Defense Order
Received a large defense order at the Environmental Technologies division for missile test systems, marking a significant achievement in the defense/aero sector.