Intest Corporation · AMEX:INTT
Intest — 7th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference (August 2026)
25 slides from Intest's conference presentation, August 2026
Slide 1: InTest Corporation
InTest Corporation NYSE American: INTT 7th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference August 2026
Slide 2: Forward-Looking Statements and Key Performance Metrics
Forward-Looking Statements and Key Performance Metrics Forward-Looking Statements This presentation 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 predicte
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to disclosing results that are determined in accordance with generally accepted accounting practices in the United States (“GAAP”), we also disclose non-GAAP financial measures. These non-GAAP financial measures consist of adjusted net earnings (loss), adjuste
Slide 4: Unlocking the Potential
Unlocking the Potential INTEST END MARKETS SERVED 10% Vision 3% 8% 32% To be the partner of choice for TTM FY25 innovative test and process 15% Q2 technology solutions globally 13% 20% Mission Semi Automotive/EV Defense/Aero Industrial Leverage our deep industry Life Sciences Safety/Security Other k
Slide 5: Three Technology Divisions
Three Technology Divisions ELECTRONIC TEST ENVIRONMENTAL TECHNOLOGIES PROCESS TECHNOLOGIES GROWTH DRIVERS PER DIVISION ADVANCED AUTOMATED TESTING PRECISION TEMPERATURE-CONTROL DIFFERENTIATED PROCESS TECHNOLOGIES AND TESTING • Semiconductor back-end recovery and • Front-end Semiconductor demand growt
Slide 6: Focusing on Target Markets with Attractive Growth
Focusing on Target Markets with Attractive Growth Estimated ~$2B Serviceable Addressable Market Life Safety/ Division Semi Auto/EV Def/Aero Industrial Sciences Security Electronic Test Environmental Technologies Process Technologies Estimated Avg. 2%-3% / 6%-8% 5%-7% 3%-6% 6%-9% 8%-10% Market Growth
Slide 7: Mega Trends Provide Growth Tailwinds
Mega Trends Provide Growth Tailwinds Technology advancements create need for innovative test and process solutions ELECTRONIFICATION POWER MANAGEMENT COMPLEXITY/CRITICALITY • Advanced Driver- • SiC and GaN devices • Advanced packaging Assistance Systems (ADAS) • Electric infrastructure • Chip comple
Slide 8: Leveraging Global Manufacturing Footprint
Leveraging Global Manufacturing Footprint Manufacturing Expanding in Malaysia – New Locations (2024) “in-the-region, for-the- region strategy” Canada Capitalizing on larger (Acculogic) New York (Ambrell) presence in Europe New Jersey Massachusetts (Corporate HQ & Italy InTest EMS) InTest Thermal/Vid
Slide 9: New Products Key to Accelerating Revenue Growth
New Products Key to Accelerating Revenue Growth Delivering innovation and solving customers’ complex problems ELECTRONIC ENVIRONMENTAL PROCESS TEST TECHNOLOGIES TECHNOLOGIES FLYING PROBE SOLUTIONS BENCHTOP THERMOSTREAM EKOHEAT COMPACT Oscilloscope RF Measurement Probe Probe NYSE American: INTT | 9
Slide 10: Executing InTest's Next Phase of Growth
Executing InTest’s Next Phase of Growth Expand Opportunities in Higher-Margin End Markets • Semi: accelerating on demand to test high-power devices for the electrified economy • Defense/Aerospace: higher DoD capacity spending expanding the testing funnel • Auto/EV: healthy demand on rising vehicle e
Slide 11: Outlook for 2026
Outlook for 2026« Q3 2026 Guidance • Revenue: $33 million to $35 million • Gross margin: approximately 44% • Operating expenses: $13.8 million to $14.2 million • Amortization expense : $0.5 million Revised Full Year 2026 Guidance • Revenue: $135 million to $140 million (21% Y/Y growth at the midpoin
Slide 12: Financial Overview
Financial Overview NYSE American: INTT | 12
Slide 13: Orders and Backlog
Orders(1) and Backlog(1) ($ in millions) Orders Orders Years Quarters Q/Q Q2 declined 9% • Following 3 consecutive $30M+ quarters • Semi orders up 56%, strongest intake in 6 quarters • Auto/EV down 67% after 4 strong quarters • Defense/Aerospace down 28% against a strong Q1 comparison driven by non-
Slide 14: Revenue
Revenue ($ in millions) Years Quarters 74% of Q2 26 revenue from non-Semi markets Q/Q Q2 increased 4% • Net increase due almost entirely to high- revenue, lower-margin Auto/EV shipments • Partially offset by Defense/Aerospace (against a strong Q1 comparison) Life Sciences, and Semi Y/Y Q2 increased
Slide 15: Gross Profit and Margin
Gross Profit and Margin ($ in millions) Q/Q Q2 decreased 280 bps Years Quarters • Shift in product mix toward high-volume, lower- margin Auto/EV revenue • Measured against revised Q1 margin of 43.3% Y/Y decreased 210 bps • Same product mix shift toward lower-margin Auto/EV revenue 46.2% 42.4% 43.0%
Slide 16: Operating Expenses
Operating Expenses ($ in millions) Operating expenses as a % of sales Decrease in Q2 26 $0.5 million for Q/Q reflects 37.7% 39.8% 46.3% 42.3% 45.9% 42.7% 39.5% $0.7 million in non-recurring CEO transition costs incurred in Q1 26 Years Quarters $46.5 $52.0 $52.6 $54.2 $12.9 $14.5 $13.9 $1.1 Y/Y Q2 in
Slide 17: Net Earnings (Loss) and Adjusted EBITDA
Net Earnings (Loss) and Adjusted EBITDA(2) ($ in millions, except margin percentages) Net Earnings (Loss) Adjusted EBITDA(2) Quarters Quarters 0.5% 4.5% (1.8%) † † $(0.5) $0.2 $0.5 $1.3 $2.4 $2.2 Years Years 0.8% $9.3 $2.9 $(2.5) $1.0 $15.8 $10.8 $4.0 $8.2 † March 31, 2026 as revised (2) Adjusted Ne
Slide 18: Earnings (Loss) per Share and Adjusted Earnings per Share
Earnings (Loss) per Share and Adjusted Earnings per Share(2) Earnings (Loss) Per Share Adjusted Earnings Per Share(2) Quarters Quarters $0.04 0.03 $0.01 $(0.04) † † Years Years $(0.21) $0.08 † March 31, 2026 as revised (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA
Slide 19: Capital Structure and Cash Flow
Capital Structure and Cash Flow Three Months Cash Flow ($ in millions) Six Months Ended Ended Reduced term debt by $1.0 million 6/30/26 6/30/25 6/30/26 6/30/25 during Q2 26 Net cash provided by (used in) operating $6.3 $(0.7) $3.0 $4.8 activities Capital expenditures (0.4) (0.5) (1.0) (0.7) Approxim
Slide 20: InTest Investment Highlights
InTest Investment Highlights Diversification in Action: ~74% of Q1 Revenues from non-Semi Strengthening Market Readiness and Competitive Position Delivering Innovative New Solutions in Targeted Growth Markets Expanding Global Reach to Better Serve Customers Strong Financial Management WELL POSITIONE
Slide 21: Appendix
Appendix NYSE American: INTT | 21
Slide 22: Electronic Test Division The InTest Advantage
Electronic Test Division The InTest Advantage Highly-Engineered • Engineering expertise combined with Automated Test Solutions strong customer partnerships ADVANCED AUTOMATED TESTING • Multi-test functionality across products and solutions • Docking solutions • Manipulators • Setting the standard fo
Slide 23: Environmental Technologies Division The InTest Advantage
Environmental Technologies The InTest Advantage Division A global leader in precision • Broadest range of temperature temperature control solutions testing solutions PRECISION TEMPERATURE-CONTROL • Superior product performance AND TESTING providing accurate temperature • Integrated circuits control
Slide 24: Process Technologies Division The InTest Advantage
Process Technologies Division The InTest Advantage • Engineering expertise, robust and Technical expertise and customized precise heating solutions and solutions for wide variety of THE LAB to prove the process applications across multiple markets • Board level image capture and edge AI technology e
Slide 25: Thank you.
Thank you. NYSE American: INTT | 25
inTEST — 7th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference (August 2026) on 6ix