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Side-by-side financial comparison of CBIZ, Inc. (CBZ) and Teradyne (TER). Click either name above to swap in a different company.

Teradyne is the larger business by last-quarter revenue ($1.1B vs $542.7M, roughly 2.0× CBIZ, Inc.). Teradyne runs the higher net margin — 23.7% vs -14.6%, a 38.4% gap on every dollar of revenue. On growth, CBIZ, Inc. posted the faster year-over-year revenue change (100.0% vs 43.9%). Teradyne produced more free cash flow last quarter ($218.8M vs $175.5M). Over the past eight quarters, Teradyne's revenue compounded faster (34.4% CAGR vs 13.7%).

CBIZ, Inc. is a national provider of financial, insurance and advisory services headquartered in Independence, Ohio. CBIZ is one of the largest accounting, insurance brokerage, financial and advisory services providers in the United States with more than 120 offices and nearly 7,000 employees. Its common stock has been traded on the New York Stock Exchange since 1996, under the symbol "CBZ" since 1997.

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.

CBZ vs TER — Head-to-Head

Bigger by revenue
TER
TER
2.0× larger
TER
$1.1B
$542.7M
CBZ
Growing faster (revenue YoY)
CBZ
CBZ
+56.1% gap
CBZ
100.0%
43.9%
TER
Higher net margin
TER
TER
38.4% more per $
TER
23.7%
-14.6%
CBZ
More free cash flow
TER
TER
$43.2M more FCF
TER
$218.8M
$175.5M
CBZ
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
34.4%
13.7%
CBZ

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CBZ
CBZ
TER
TER
Revenue
$542.7M
$1.1B
Net Profit
$-79.4M
$257.2M
Gross Margin
57.2%
Operating Margin
43.1%
27.1%
Net Margin
-14.6%
23.7%
Revenue YoY
100.0%
43.9%
Net Profit YoY
4.2%
75.9%
EPS (diluted)
$-1.28
$1.62

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.

Revenue
CBZ
CBZ
TER
TER
Q1 26
$542.7M
Q4 25
$542.7M
$1.1B
Q3 25
$693.8M
$769.2M
Q2 25
$683.5M
$651.8M
Q1 25
$838.0M
$685.7M
Q4 24
$460.3M
$752.9M
Q3 24
$438.9M
$737.3M
Q2 24
$420.0M
$729.9M
Net Profit
CBZ
CBZ
TER
TER
Q1 26
$-79.4M
Q4 25
$-79.4M
$257.2M
Q3 25
$30.1M
$119.6M
Q2 25
$41.9M
$78.4M
Q1 25
$122.8M
$98.9M
Q4 24
$-90.7M
$146.3M
Q3 24
$35.1M
$145.6M
Q2 24
$19.8M
$186.3M
Gross Margin
CBZ
CBZ
TER
TER
Q1 26
Q4 25
-9.4%
57.2%
Q3 25
13.0%
58.4%
Q2 25
12.9%
57.2%
Q1 25
27.2%
60.6%
Q4 24
-13.4%
59.4%
Q3 24
16.6%
59.2%
Q2 24
12.8%
58.3%
Operating Margin
CBZ
CBZ
TER
TER
Q1 26
43.1%
Q4 25
-15.7%
27.1%
Q3 25
8.5%
18.9%
Q2 25
8.8%
13.9%
Q1 25
23.9%
17.6%
Q4 24
-23.2%
20.4%
Q3 24
11.3%
20.6%
Q2 24
7.5%
28.8%
Net Margin
CBZ
CBZ
TER
TER
Q1 26
-14.6%
Q4 25
-14.6%
23.7%
Q3 25
4.3%
15.5%
Q2 25
6.1%
12.0%
Q1 25
14.7%
14.4%
Q4 24
-19.7%
19.4%
Q3 24
8.0%
19.8%
Q2 24
4.7%
25.5%
EPS (diluted)
CBZ
CBZ
TER
TER
Q1 26
$-1.28
Q4 25
$-1.22
$1.62
Q3 25
$0.48
$0.75
Q2 25
$0.66
$0.49
Q1 25
$1.91
$0.61
Q4 24
$-1.84
$0.89
Q3 24
$0.70
$0.89
Q2 24
$0.39
$1.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBZ
CBZ
TER
TER
Cash + ST InvestmentsLiquidity on hand
$18.3M
$293.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$2.8B
Total Assets
$4.4B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBZ
CBZ
TER
TER
Q1 26
$18.3M
Q4 25
$18.3M
$293.8M
Q3 25
$17.0M
$272.7M
Q2 25
$39.8M
$339.3M
Q1 25
$8.8M
$475.6M
Q4 24
$13.8M
$553.4M
Q3 24
$1.1M
$510.0M
Q2 24
$1.1M
$421.9M
Stockholders' Equity
CBZ
CBZ
TER
TER
Q1 26
$1.8B
Q4 25
$1.8B
$2.8B
Q3 25
$1.9B
$2.7B
Q2 25
$1.9B
$2.8B
Q1 25
$1.9B
$2.8B
Q4 24
$1.8B
$2.8B
Q3 24
$927.9M
$2.9B
Q2 24
$891.4M
$2.7B
Total Assets
CBZ
CBZ
TER
TER
Q1 26
$4.4B
Q4 25
$4.4B
$4.2B
Q3 25
$4.5B
$4.0B
Q2 25
$4.5B
$3.8B
Q1 25
$4.6B
$3.7B
Q4 24
$4.5B
$3.7B
Q3 24
$2.1B
$3.8B
Q2 24
$2.2B
$3.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBZ
CBZ
TER
TER
Operating Cash FlowLast quarter
$192.5M
$281.6M
Free Cash FlowOCF − Capex
$175.5M
$218.8M
FCF MarginFCF / Revenue
32.3%
20.2%
Capex IntensityCapex / Revenue
5.8%
Cash ConversionOCF / Net Profit
1.09×
TTM Free Cash FlowTrailing 4 quarters
$444.5M
$450.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBZ
CBZ
TER
TER
Q1 26
$192.5M
Q4 25
$143.6M
$281.6M
Q3 25
$24.0M
$49.0M
Q2 25
$113.1M
$182.1M
Q1 25
$-88.3M
$161.6M
Q4 24
$55.5M
$282.6M
Q3 24
$43.7M
$166.3M
Q2 24
$88.2M
$216.1M
Free Cash Flow
CBZ
CBZ
TER
TER
Q1 26
$175.5M
Q4 25
$141.7M
$218.8M
Q3 25
$22.1M
$2.4M
Q2 25
$105.2M
$131.7M
Q1 25
$-93.4M
$97.6M
Q4 24
$52.3M
$225.2M
Q3 24
$41.1M
$114.4M
Q2 24
$86.3M
$171.2M
FCF Margin
CBZ
CBZ
TER
TER
Q1 26
32.3%
Q4 25
26.1%
20.2%
Q3 25
3.2%
0.3%
Q2 25
15.4%
20.2%
Q1 25
-11.2%
14.2%
Q4 24
11.4%
29.9%
Q3 24
9.4%
15.5%
Q2 24
20.5%
23.5%
Capex Intensity
CBZ
CBZ
TER
TER
Q1 26
Q4 25
0.4%
5.8%
Q3 25
0.3%
6.1%
Q2 25
1.2%
7.7%
Q1 25
0.6%
9.3%
Q4 24
0.7%
7.6%
Q3 24
0.6%
7.0%
Q2 24
0.4%
6.1%
Cash Conversion
CBZ
CBZ
TER
TER
Q1 26
Q4 25
1.09×
Q3 25
0.79×
0.41×
Q2 25
2.70×
2.32×
Q1 25
-0.72×
1.63×
Q4 24
1.93×
Q3 24
1.25×
1.14×
Q2 24
4.45×
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBZ
CBZ

Segment breakdown not available.

TER
TER

Soc$646.5M60%
Memory$206.5M19%
Transferred At Point In Time$90.0M8%
Universal Robots$89.4M8%
IST$30.5M3%
Transferred Over Time$20.5M2%

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