vs
Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and Teradyne (TER). Click either name above to swap in a different company.
Teradyne is the larger business by last-quarter revenue ($1.3B vs $975.0M, roughly 1.3× BREAD FINANCIAL HOLDINGS, INC.). On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 5.4%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs -0.8%).
Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Its high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
BFH vs TER — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $975.0M | $1.3B |
| Net Profit | — | $398.9M |
| Gross Margin | — | 60.9% |
| Operating Margin | 4.9% | 36.9% |
| Net Margin | — | 31.1% |
| Revenue YoY | 5.4% | 87.0% |
| Net Profit YoY | — | — |
| EPS (diluted) | $1.21 | $2.53 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $975.0M | $1.1B | ||
| Q3 25 | $971.0M | $769.2M | ||
| Q2 25 | $929.0M | $651.8M | ||
| Q1 25 | $970.0M | $685.7M | ||
| Q4 24 | $925.0M | $752.9M | ||
| Q3 24 | $983.0M | $737.3M | ||
| Q2 24 | $939.0M | $729.9M |
| Q1 26 | — | $398.9M | ||
| Q4 25 | — | $257.2M | ||
| Q3 25 | $188.0M | $119.6M | ||
| Q2 25 | $139.0M | $78.4M | ||
| Q1 25 | $138.0M | $98.9M | ||
| Q4 24 | — | $146.3M | ||
| Q3 24 | $2.0M | $145.6M | ||
| Q2 24 | $133.0M | $186.3M |
| Q1 26 | — | 60.9% | ||
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 59.2% | ||
| Q2 24 | — | 58.3% |
| Q1 26 | — | 36.9% | ||
| Q4 25 | 4.9% | 27.1% | ||
| Q3 25 | 20.2% | 18.9% | ||
| Q2 25 | 18.7% | 13.9% | ||
| Q1 25 | 20.3% | 17.6% | ||
| Q4 24 | -2.9% | 20.4% | ||
| Q3 24 | 4.1% | 20.6% | ||
| Q2 24 | 19.2% | 28.8% |
| Q1 26 | — | 31.1% | ||
| Q4 25 | — | 23.7% | ||
| Q3 25 | 19.4% | 15.5% | ||
| Q2 25 | 15.0% | 12.0% | ||
| Q1 25 | 14.2% | 14.4% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | 0.2% | 19.8% | ||
| Q2 24 | 14.2% | 25.5% |
| Q1 26 | — | $2.53 | ||
| Q4 25 | $1.21 | $1.62 | ||
| Q3 25 | $3.96 | $0.75 | ||
| Q2 25 | $2.94 | $0.49 | ||
| Q1 25 | $2.78 | $0.61 | ||
| Q4 24 | $0.08 | $0.89 | ||
| Q3 24 | $0.05 | $0.89 | ||
| Q2 24 | $2.66 | $1.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6B | $241.9M |
| Total DebtLower is stronger | $4.3B | $0 |
| Stockholders' EquityBook value | $3.3B | — |
| Total Assets | $22.7B | $4.4B |
| Debt / EquityLower = less leverage | 1.29× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $241.9M | ||
| Q4 25 | $3.6B | $293.8M | ||
| Q3 25 | $3.8B | $272.7M | ||
| Q2 25 | $3.8B | $339.3M | ||
| Q1 25 | $4.2B | $475.6M | ||
| Q4 24 | $4.0B | $553.4M | ||
| Q3 24 | $3.5B | $510.0M | ||
| Q2 24 | $4.1B | $421.9M |
| Q1 26 | — | $0 | ||
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $2.8B | ||
| Q3 25 | $3.3B | $2.7B | ||
| Q2 25 | $3.2B | $2.8B | ||
| Q1 25 | $3.1B | $2.8B | ||
| Q4 24 | $3.1B | $2.8B | ||
| Q3 24 | $3.1B | $2.9B | ||
| Q2 24 | $3.2B | $2.7B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $22.7B | $4.2B | ||
| Q3 25 | $21.7B | $4.0B | ||
| Q2 25 | $21.8B | $3.8B | ||
| Q1 25 | $22.4B | $3.7B | ||
| Q4 24 | $22.9B | $3.7B | ||
| Q3 24 | $21.7B | $3.8B | ||
| Q2 24 | $22.1B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 1.29× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.67× | — | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 1.47× | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $568.0M | $265.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $265.1M | ||
| Q4 25 | $568.0M | $281.6M | ||
| Q3 25 | $605.0M | $49.0M | ||
| Q2 25 | $526.0M | $182.1M | ||
| Q1 25 | $393.0M | $161.6M | ||
| Q4 24 | $479.0M | $282.6M | ||
| Q3 24 | $456.0M | $166.3M | ||
| Q2 24 | $477.0M | $216.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $218.8M | ||
| Q3 25 | — | $2.4M | ||
| Q2 25 | — | $131.7M | ||
| Q1 25 | — | $97.6M | ||
| Q4 24 | — | $225.2M | ||
| Q3 24 | — | $114.4M | ||
| Q2 24 | — | $171.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 20.2% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 15.5% | ||
| Q2 24 | — | 23.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 6.1% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | 9.3% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 6.1% |
| Q1 26 | — | 0.66× | ||
| Q4 25 | — | 1.09× | ||
| Q3 25 | 3.22× | 0.41× | ||
| Q2 25 | 3.78× | 2.32× | ||
| Q1 25 | 2.85× | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | 228.00× | 1.14× | ||
| Q2 24 | 3.59× | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
