InTest Corporation
Rank #195DeclineINTT · NYSE · Technology
InTest Corporation (INTT) — Rank #195 by gross profitability (GP/assets 0.32) · ROE -2.4% · Piotroski F-Score 5 / 9.
As-of 2026-09-28 · CIK 0001036262 · all metrics point-in-time as of the filing date.
About
inTEST Corporation provides test and process technology solutions for use in Semi, Auto/Electric Vehicle, Defense/Aerospace, Industrial, Life Sciences, Safety/Security, and other markets in the United States and internationally.
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The company operates through three segments: Electronic Test, Environmental Technologies, and Process Technologies. The Electronic Test segment offers Cobal, and LS series manipulators that hold various test heads and enable an operator to reposition a test head for use with several probers on a test floor; and docking hardware products, which protect the interface contacts and ensure proper repeatable and precise alignment between the test head's interface board and the prober's probing assembly. This segment also provides tester interfaces that offer electrical connections between the tester and the wafer prober or IC handler; scorpion flying probe test systems that designs and manufactures robotics-based electronic test equipment and application support services; and BRiZ automated test and programming services, as well as functional test platform, touch display tester, wafer-level optical component tester, and specialty test modules. The Environmental Technologies segment provides ThermoStream products that are used in the semi market as a stand-alone temperature management tool, or in various electronic test applications; Thermal Chambers; Thermal Platforms; Thermonics temperature conditioning products that offer tempered gas or fluid; and ultra-cold storage solutions, including biomedical freezers, refrigerators, and mobile storage solutions. The Process Technologies segment offers EKOHEAT and EASYHEAT induction heating systems; and digital streaming and image capturing solutions. The company markets and sells its products to semiconductor manufacturers, third-party foundries, test and assembly providers, and original equipment manufacturers.
inTEST Corporation was incorporated in 1981 and is headquartered in Mount Laurel, New Jersey.
- Industry
- Semiconductor Equipment & Materials
- Sector
- Technology
- State
- DE
- Filer Category
- Accelerated filerSmaller reporting company
- Fiscal Year End
- December 31
- Website
- intest.com
Company Snapshot
P/E, P/B, and dividend yield matter most — book value provides a floor.
Market Cap
—
P/E (annual)
—
P/S (annual)
—
P/B
—
P/OCF (annual)
—
Shareholder Yield
—
Employees
385
Industry
Semiconductor Equipment & Materials
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds2 of 5 thresholds not computable from filed data.
Asset value and restructuring potential (balance-sheet strength) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.32
Primary signal (Novy-Marx).
2nd of 5 SIC 3825 peers
Return on equity
-2.4%
Gross margin
43.0%
2nd of 5 SIC 3825 peers
Revenue growth (YoY)
-12.9%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-0.9%
Revenue CAGR (5Y)
16.2%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.44
1st of 5 SIC 3825 peers (best = lowest)
Current ratio
2.22×
4th of 5 SIC 3825 peers
Quick ratio
1.20×
Net cash
$4.33M
Cash & equivalents minus total debt.
Recession resistance
Revenue through recessions
Worst single-year YoY revenue decline, 16 years of history
Cash-flow health
Free cash flow
$5.68M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
3.25
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.4%
Stock-based comp intensity.
Piotroski F-Score
F-Score
5 / 9
Fundamental-strength score (0-9).