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Side-by-side financial comparison of Chefs' Warehouse, Inc. (CHEF) 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 $1.1B, roughly 1.2× Chefs' Warehouse, Inc.). Teradyne runs the higher net margin — 31.1% vs 1.6%, a 29.5% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 11.4%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 5.3%).

Chefs' Warehouse, Inc. is a leading North American specialty food distributor that primarily serves independent restaurants, fine dining venues, hotels, catering firms, and other foodservice operators. It offers a curated portfolio of over 150,000 products including artisanal ingredients, specialty meats, seafood, dairy, pastries, and imported gourmet goods tailored for professional chefs.

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.

CHEF vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.2× larger
TER
$1.3B
$1.1B
CHEF
Growing faster (revenue YoY)
TER
TER
+75.6% gap
TER
87.0%
11.4%
CHEF
Higher net margin
TER
TER
29.5% more per $
TER
31.1%
1.6%
CHEF
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
5.3%
CHEF

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CHEF
CHEF
TER
TER
Revenue
$1.1B
$1.3B
Net Profit
$17.4M
$398.9M
Gross Margin
24.3%
60.9%
Operating Margin
3.1%
36.9%
Net Margin
1.6%
31.1%
Revenue YoY
11.4%
87.0%
Net Profit YoY
68.8%
EPS (diluted)
$0.40
$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.

Revenue
CHEF
CHEF
TER
TER
Q1 26
$1.1B
$1.3B
Q4 25
$1.1B
$1.1B
Q3 25
$1.0B
$769.2M
Q2 25
$1.0B
$651.8M
Q1 25
$950.7M
$685.7M
Q4 24
$1.0B
$752.9M
Q3 24
$931.5M
$737.3M
Q2 24
$954.7M
$729.9M
Net Profit
CHEF
CHEF
TER
TER
Q1 26
$17.4M
$398.9M
Q4 25
$21.7M
$257.2M
Q3 25
$19.1M
$119.6M
Q2 25
$21.2M
$78.4M
Q1 25
$10.3M
$98.9M
Q4 24
$23.9M
$146.3M
Q3 24
$14.1M
$145.6M
Q2 24
$15.5M
$186.3M
Gross Margin
CHEF
CHEF
TER
TER
Q1 26
24.3%
60.9%
Q4 25
24.2%
57.2%
Q3 25
24.2%
58.4%
Q2 25
24.6%
57.2%
Q1 25
23.8%
60.6%
Q4 24
24.3%
59.4%
Q3 24
24.1%
59.2%
Q2 24
24.0%
58.3%
Operating Margin
CHEF
CHEF
TER
TER
Q1 26
3.1%
36.9%
Q4 25
3.8%
27.1%
Q3 25
3.8%
18.9%
Q2 25
3.9%
13.9%
Q1 25
2.4%
17.6%
Q4 24
4.5%
20.4%
Q3 24
3.4%
20.6%
Q2 24
3.5%
28.8%
Net Margin
CHEF
CHEF
TER
TER
Q1 26
1.6%
31.1%
Q4 25
1.9%
23.7%
Q3 25
1.9%
15.5%
Q2 25
2.1%
12.0%
Q1 25
1.1%
14.4%
Q4 24
2.3%
19.4%
Q3 24
1.5%
19.8%
Q2 24
1.6%
25.5%
EPS (diluted)
CHEF
CHEF
TER
TER
Q1 26
$0.40
$2.53
Q4 25
$0.50
$1.62
Q3 25
$0.44
$0.75
Q2 25
$0.49
$0.49
Q1 25
$0.25
$0.61
Q4 24
$0.56
$0.89
Q3 24
$0.34
$0.89
Q2 24
$0.37
$1.14

Balance Sheet & Financial Strength

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

Metric
CHEF
CHEF
TER
TER
Cash + ST InvestmentsLiquidity on hand
$122.7M
$241.9M
Total DebtLower is stronger
$750.4M
$0
Stockholders' EquityBook value
$608.6M
Total Assets
$2.0B
$4.4B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHEF
CHEF
TER
TER
Q1 26
$122.7M
$241.9M
Q4 25
$121.0M
$293.8M
Q3 25
$65.1M
$272.7M
Q2 25
$96.9M
$339.3M
Q1 25
$116.5M
$475.6M
Q4 24
$114.7M
$553.4M
Q3 24
$50.7M
$510.0M
Q2 24
$38.3M
$421.9M
Total Debt
CHEF
CHEF
TER
TER
Q1 26
$750.4M
$0
Q4 25
$720.3M
Q3 25
$711.7M
Q2 25
$690.2M
Q1 25
$681.1M
Q4 24
$688.7M
Q3 24
$666.6M
Q2 24
$660.8M
Stockholders' Equity
CHEF
CHEF
TER
TER
Q1 26
$608.6M
Q4 25
$604.3M
$2.8B
Q3 25
$576.6M
$2.7B
Q2 25
$557.7M
$2.8B
Q1 25
$541.6M
$2.8B
Q4 24
$537.6M
$2.8B
Q3 24
$480.3M
$2.9B
Q2 24
$461.9M
$2.7B
Total Assets
CHEF
CHEF
TER
TER
Q1 26
$2.0B
$4.4B
Q4 25
$2.0B
$4.2B
Q3 25
$1.9B
$4.0B
Q2 25
$1.9B
$3.8B
Q1 25
$1.8B
$3.7B
Q4 24
$1.9B
$3.7B
Q3 24
$1.8B
$3.8B
Q2 24
$1.7B
$3.6B
Debt / Equity
CHEF
CHEF
TER
TER
Q1 26
1.23×
Q4 25
1.19×
Q3 25
1.23×
Q2 25
1.24×
Q1 25
1.26×
Q4 24
1.28×
Q3 24
1.39×
Q2 24
1.43×

Cash Flow & Capital Efficiency

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

Metric
CHEF
CHEF
TER
TER
Operating Cash FlowLast quarter
$38.3M
$265.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
2.20×
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHEF
CHEF
TER
TER
Q1 26
$38.3M
$265.1M
Q4 25
$73.9M
$281.6M
Q3 25
$-8.7M
$49.0M
Q2 25
$14.5M
$182.1M
Q1 25
$49.6M
$161.6M
Q4 24
$73.0M
$282.6M
Q3 24
$19.8M
$166.3M
Q2 24
$29.3M
$216.1M
Free Cash Flow
CHEF
CHEF
TER
TER
Q1 26
Q4 25
$65.8M
$218.8M
Q3 25
$-19.7M
$2.4M
Q2 25
$4.5M
$131.7M
Q1 25
$37.2M
$97.6M
Q4 24
$64.6M
$225.2M
Q3 24
$11.8M
$114.4M
Q2 24
$13.3M
$171.2M
FCF Margin
CHEF
CHEF
TER
TER
Q1 26
Q4 25
5.8%
20.2%
Q3 25
-1.9%
0.3%
Q2 25
0.4%
20.2%
Q1 25
3.9%
14.2%
Q4 24
6.3%
29.9%
Q3 24
1.3%
15.5%
Q2 24
1.4%
23.5%
Capex Intensity
CHEF
CHEF
TER
TER
Q1 26
0.7%
Q4 25
0.7%
5.8%
Q3 25
1.1%
6.1%
Q2 25
1.0%
7.7%
Q1 25
1.3%
9.3%
Q4 24
0.8%
7.6%
Q3 24
0.9%
7.0%
Q2 24
1.7%
6.1%
Cash Conversion
CHEF
CHEF
TER
TER
Q1 26
2.20×
0.66×
Q4 25
3.41×
1.09×
Q3 25
-0.46×
0.41×
Q2 25
0.68×
2.32×
Q1 25
4.82×
1.63×
Q4 24
3.05×
1.93×
Q3 24
1.41×
1.14×
Q2 24
1.89×
1.16×

Financial Flow Comparison

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

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