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Side-by-side financial comparison of California Resources Corp (CRC) 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 $679.0M, roughly 1.9× California Resources Corp). Teradyne runs the higher net margin — 31.1% vs 1.8%, a 29.3% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs -17.8%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 25.8%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.9× larger
TER
$1.3B
$679.0M
CRC
Growing faster (revenue YoY)
TER
TER
+104.8% gap
TER
87.0%
-17.8%
CRC
Higher net margin
TER
TER
29.3% more per $
TER
31.1%
1.8%
CRC
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
25.8%
CRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CRC
CRC
TER
TER
Revenue
$679.0M
$1.3B
Net Profit
$12.0M
$398.9M
Gross Margin
60.9%
Operating Margin
6.9%
36.9%
Net Margin
1.8%
31.1%
Revenue YoY
-17.8%
87.0%
Net Profit YoY
-63.6%
EPS (diluted)
$0.21
$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.

Revenue
CRC
CRC
TER
TER
Q1 26
$1.3B
Q4 25
$679.0M
$1.1B
Q3 25
$715.0M
$769.2M
Q2 25
$702.0M
$651.8M
Q1 25
$814.0M
$685.7M
Q4 24
$826.0M
$752.9M
Q3 24
$870.0M
$737.3M
Q2 24
$412.0M
$729.9M
Net Profit
CRC
CRC
TER
TER
Q1 26
$398.9M
Q4 25
$12.0M
$257.2M
Q3 25
$64.0M
$119.6M
Q2 25
$172.0M
$78.4M
Q1 25
$115.0M
$98.9M
Q4 24
$33.0M
$146.3M
Q3 24
$345.0M
$145.6M
Q2 24
$8.0M
$186.3M
Gross Margin
CRC
CRC
TER
TER
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%
Operating Margin
CRC
CRC
TER
TER
Q1 26
36.9%
Q4 25
6.9%
27.1%
Q3 25
13.7%
18.9%
Q2 25
38.0%
13.9%
Q1 25
22.9%
17.6%
Q4 24
8.2%
20.4%
Q3 24
59.5%
20.6%
Q2 24
9.2%
28.8%
Net Margin
CRC
CRC
TER
TER
Q1 26
31.1%
Q4 25
1.8%
23.7%
Q3 25
9.0%
15.5%
Q2 25
24.5%
12.0%
Q1 25
14.1%
14.4%
Q4 24
4.0%
19.4%
Q3 24
39.7%
19.8%
Q2 24
1.9%
25.5%
EPS (diluted)
CRC
CRC
TER
TER
Q1 26
$2.53
Q4 25
$0.21
$1.62
Q3 25
$0.76
$0.75
Q2 25
$1.92
$0.49
Q1 25
$1.26
$0.61
Q4 24
$0.87
$0.89
Q3 24
$3.78
$0.89
Q2 24
$0.11
$1.14

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
TER
TER
Cash + ST InvestmentsLiquidity on hand
$132.0M
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$3.7B
Total Assets
$7.4B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
TER
TER
Q1 26
$241.9M
Q4 25
$132.0M
$293.8M
Q3 25
$196.0M
$272.7M
Q2 25
$72.0M
$339.3M
Q1 25
$214.0M
$475.6M
Q4 24
$372.0M
$553.4M
Q3 24
$241.0M
$510.0M
Q2 24
$1.0B
$421.9M
Total Debt
CRC
CRC
TER
TER
Q1 26
$0
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
TER
TER
Q1 26
Q4 25
$3.7B
$2.8B
Q3 25
$3.4B
$2.7B
Q2 25
$3.4B
$2.8B
Q1 25
$3.5B
$2.8B
Q4 24
$3.5B
$2.8B
Q3 24
$3.5B
$2.9B
Q2 24
$2.1B
$2.7B
Total Assets
CRC
CRC
TER
TER
Q1 26
$4.4B
Q4 25
$7.4B
$4.2B
Q3 25
$6.8B
$4.0B
Q2 25
$6.7B
$3.8B
Q1 25
$6.8B
$3.7B
Q4 24
$7.1B
$3.7B
Q3 24
$7.1B
$3.8B
Q2 24
$4.5B
$3.6B
Debt / Equity
CRC
CRC
TER
TER
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
TER
TER
Operating Cash FlowLast quarter
$235.0M
$265.1M
Free Cash FlowOCF − Capex
$115.0M
FCF MarginFCF / Revenue
16.9%
Capex IntensityCapex / Revenue
17.7%
Cash ConversionOCF / Net Profit
19.58×
0.66×
TTM Free Cash FlowTrailing 4 quarters
$543.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
TER
TER
Q1 26
$265.1M
Q4 25
$235.0M
$281.6M
Q3 25
$279.0M
$49.0M
Q2 25
$165.0M
$182.1M
Q1 25
$186.0M
$161.6M
Q4 24
$206.0M
$282.6M
Q3 24
$220.0M
$166.3M
Q2 24
$97.0M
$216.1M
Free Cash Flow
CRC
CRC
TER
TER
Q1 26
Q4 25
$115.0M
$218.8M
Q3 25
$188.0M
$2.4M
Q2 25
$109.0M
$131.7M
Q1 25
$131.0M
$97.6M
Q4 24
$118.0M
$225.2M
Q3 24
$141.0M
$114.4M
Q2 24
$63.0M
$171.2M
FCF Margin
CRC
CRC
TER
TER
Q1 26
Q4 25
16.9%
20.2%
Q3 25
26.3%
0.3%
Q2 25
15.5%
20.2%
Q1 25
16.1%
14.2%
Q4 24
14.3%
29.9%
Q3 24
16.2%
15.5%
Q2 24
15.3%
23.5%
Capex Intensity
CRC
CRC
TER
TER
Q1 26
Q4 25
17.7%
5.8%
Q3 25
12.7%
6.1%
Q2 25
8.0%
7.7%
Q1 25
6.8%
9.3%
Q4 24
10.7%
7.6%
Q3 24
9.1%
7.0%
Q2 24
8.3%
6.1%
Cash Conversion
CRC
CRC
TER
TER
Q1 26
0.66×
Q4 25
19.58×
1.09×
Q3 25
4.36×
0.41×
Q2 25
0.96×
2.32×
Q1 25
1.62×
1.63×
Q4 24
6.24×
1.93×
Q3 24
0.64×
1.14×
Q2 24
12.13×
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Oil And Natural Gas Segment$645.0M95%
Natural Gas Production$26.0M4%
Other$7.0M1%

TER
TER

Segment breakdown not available.

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