vs

Side-by-side financial comparison of CVR ENERGY INC (CVI) and Teradyne (TER). Click either name above to swap in a different company.

CVR ENERGY INC is the larger business by last-quarter revenue ($2.0B vs $1.3B, roughly 1.5× Teradyne). Teradyne runs the higher net margin — 31.1% vs -8.1%, a 39.2% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 20.3%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 0.3%).

CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.

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.

CVI vs TER — Head-to-Head

Bigger by revenue
CVI
CVI
1.5× larger
CVI
$2.0B
$1.3B
TER
Growing faster (revenue YoY)
TER
TER
+66.7% gap
TER
87.0%
20.3%
CVI
Higher net margin
TER
TER
39.2% more per $
TER
31.1%
-8.1%
CVI
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
0.3%
CVI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CVI
CVI
TER
TER
Revenue
$2.0B
$1.3B
Net Profit
$-160.0M
$398.9M
Gross Margin
-5.2%
60.9%
Operating Margin
36.9%
Net Margin
-8.1%
31.1%
Revenue YoY
20.3%
87.0%
Net Profit YoY
-56.1%
EPS (diluted)
$-1.91
$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
CVI
CVI
TER
TER
Q1 26
$2.0B
$1.3B
Q4 25
$1.8B
$1.1B
Q3 25
$1.9B
$769.2M
Q2 25
$1.8B
$651.8M
Q1 25
$1.6B
$685.7M
Q4 24
$1.9B
$752.9M
Q3 24
$1.8B
$737.3M
Q2 24
$2.0B
$729.9M
Net Profit
CVI
CVI
TER
TER
Q1 26
$-160.0M
$398.9M
Q4 25
$-110.0M
$257.2M
Q3 25
$374.0M
$119.6M
Q2 25
$-114.0M
$78.4M
Q1 25
$-123.0M
$98.9M
Q4 24
$28.0M
$146.3M
Q3 24
$-124.0M
$145.6M
Q2 24
$21.0M
$186.3M
Gross Margin
CVI
CVI
TER
TER
Q1 26
-5.2%
60.9%
Q4 25
-3.1%
57.2%
Q3 25
28.8%
58.4%
Q2 25
-3.7%
57.2%
Q1 25
-5.5%
60.6%
Q4 24
3.0%
59.4%
Q3 24
-3.9%
59.2%
Q2 24
2.9%
58.3%
Operating Margin
CVI
CVI
TER
TER
Q1 26
36.9%
Q4 25
-5.3%
27.1%
Q3 25
26.3%
18.9%
Q2 25
-5.8%
13.9%
Q1 25
-8.0%
17.6%
Q4 24
1.1%
20.4%
Q3 24
-6.2%
20.6%
Q2 24
1.4%
28.8%
Net Margin
CVI
CVI
TER
TER
Q1 26
-8.1%
31.1%
Q4 25
-6.1%
23.7%
Q3 25
19.2%
15.5%
Q2 25
-6.5%
12.0%
Q1 25
-7.5%
14.4%
Q4 24
1.4%
19.4%
Q3 24
-6.8%
19.8%
Q2 24
1.1%
25.5%
EPS (diluted)
CVI
CVI
TER
TER
Q1 26
$-1.91
$2.53
Q4 25
$-1.09
$1.62
Q3 25
$3.72
$0.75
Q2 25
$-1.14
$0.49
Q1 25
$-1.22
$0.61
Q4 24
$0.28
$0.89
Q3 24
$-1.24
$0.89
Q2 24
$0.21
$1.14

Balance Sheet & Financial Strength

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

Metric
CVI
CVI
TER
TER
Cash + ST InvestmentsLiquidity on hand
$512.0M
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
Total Assets
$3.9B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVI
CVI
TER
TER
Q1 26
$512.0M
$241.9M
Q4 25
$511.0M
$293.8M
Q3 25
$670.0M
$272.7M
Q2 25
$596.0M
$339.3M
Q1 25
$695.0M
$475.6M
Q4 24
$987.0M
$553.4M
Q3 24
$534.0M
$510.0M
Q2 24
$586.0M
$421.9M
Total Debt
CVI
CVI
TER
TER
Q1 26
$0
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.6B
Q2 24
$1.6B
Stockholders' Equity
CVI
CVI
TER
TER
Q1 26
Q4 25
$730.0M
$2.8B
Q3 25
$840.0M
$2.7B
Q2 25
$466.0M
$2.8B
Q1 25
$580.0M
$2.8B
Q4 24
$703.0M
$2.8B
Q3 24
$675.0M
$2.9B
Q2 24
$849.0M
$2.7B
Total Assets
CVI
CVI
TER
TER
Q1 26
$3.9B
$4.4B
Q4 25
$3.7B
$4.2B
Q3 25
$4.0B
$4.0B
Q2 25
$4.0B
$3.8B
Q1 25
$4.3B
$3.7B
Q4 24
$4.3B
$3.7B
Q3 24
$3.9B
$3.8B
Q2 24
$4.0B
$3.6B
Debt / Equity
CVI
CVI
TER
TER
Q1 26
Q4 25
2.40×
Q3 25
2.17×
Q2 25
3.97×
Q1 25
3.29×
Q4 24
2.71×
Q3 24
2.33×
Q2 24
1.86×

Cash Flow & Capital Efficiency

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

Metric
CVI
CVI
TER
TER
Operating Cash FlowLast quarter
$265.1M
Free Cash FlowOCF − Capex
$21.0M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVI
CVI
TER
TER
Q1 26
$265.1M
Q4 25
$0
$281.6M
Q3 25
$163.0M
$49.0M
Q2 25
$176.0M
$182.1M
Q1 25
$-195.0M
$161.6M
Q4 24
$98.0M
$282.6M
Q3 24
$48.0M
$166.3M
Q2 24
$81.0M
$216.1M
Free Cash Flow
CVI
CVI
TER
TER
Q1 26
$21.0M
Q4 25
$218.8M
Q3 25
$125.0M
$2.4M
Q2 25
$135.0M
$131.7M
Q1 25
$-246.0M
$97.6M
Q4 24
$43.0M
$225.2M
Q3 24
$14.0M
$114.4M
Q2 24
$38.0M
$171.2M
FCF Margin
CVI
CVI
TER
TER
Q1 26
1.1%
Q4 25
20.2%
Q3 25
6.4%
0.3%
Q2 25
7.7%
20.2%
Q1 25
-14.9%
14.2%
Q4 24
2.2%
29.9%
Q3 24
0.8%
15.5%
Q2 24
1.9%
23.5%
Capex Intensity
CVI
CVI
TER
TER
Q1 26
1.5%
Q4 25
3.0%
5.8%
Q3 25
2.0%
6.1%
Q2 25
2.3%
7.7%
Q1 25
3.1%
9.3%
Q4 24
2.8%
7.6%
Q3 24
1.9%
7.0%
Q2 24
2.2%
6.1%
Cash Conversion
CVI
CVI
TER
TER
Q1 26
0.66×
Q4 25
1.09×
Q3 25
0.44×
0.41×
Q2 25
2.32×
Q1 25
1.63×
Q4 24
3.50×
1.93×
Q3 24
1.14×
Q2 24
3.86×
1.16×

Financial Flow Comparison

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

Related Comparisons