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

DYCOM INDUSTRIES INC is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.3× Teradyne). Teradyne runs the higher net margin — 23.7% vs 7.3%, a 16.4% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (43.9% vs 14.1%). Teradyne produced more free cash flow last quarter ($218.8M vs $164.8M). Over the past eight quarters, Teradyne's revenue compounded faster (34.4% CAGR vs 23.5%).

Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The company has grown organically since its founding, but it has also acquired over 150 companies in the electrical contracting industry. It has provided its services and expertise to many major electrica...

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.

DY vs TER — Head-to-Head

Bigger by revenue
DY
DY
1.3× larger
DY
$1.5B
$1.1B
TER
Growing faster (revenue YoY)
TER
TER
+29.8% gap
TER
43.9%
14.1%
DY
Higher net margin
TER
TER
16.4% more per $
TER
23.7%
7.3%
DY
More free cash flow
TER
TER
$53.9M more FCF
TER
$218.8M
$164.8M
DY
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
34.4%
23.5%
DY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DY
DY
TER
TER
Revenue
$1.5B
$1.1B
Net Profit
$106.4M
$257.2M
Gross Margin
57.2%
Operating Margin
9.7%
27.1%
Net Margin
7.3%
23.7%
Revenue YoY
14.1%
43.9%
Net Profit YoY
52.4%
75.9%
EPS (diluted)
$3.63
$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
DY
DY
TER
TER
Q4 25
$1.5B
$1.1B
Q3 25
$1.4B
$769.2M
Q2 25
$1.3B
$651.8M
Q1 25
$1.1B
$685.7M
Q4 24
$1.3B
$752.9M
Q3 24
$1.2B
$737.3M
Q2 24
$1.1B
$729.9M
Q1 24
$952.5M
$599.8M
Net Profit
DY
DY
TER
TER
Q4 25
$106.4M
$257.2M
Q3 25
$97.5M
$119.6M
Q2 25
$61.0M
$78.4M
Q1 25
$32.7M
$98.9M
Q4 24
$69.8M
$146.3M
Q3 24
$68.4M
$145.6M
Q2 24
$62.6M
$186.3M
Q1 24
$23.4M
$64.2M
Gross Margin
DY
DY
TER
TER
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 24
56.6%
Operating Margin
DY
DY
TER
TER
Q4 25
9.7%
27.1%
Q3 25
9.5%
18.9%
Q2 25
6.2%
13.9%
Q1 25
4.1%
17.6%
Q4 24
7.2%
20.4%
Q3 24
7.9%
20.6%
Q2 24
6.8%
28.8%
Q1 24
3.3%
13.0%
Net Margin
DY
DY
TER
TER
Q4 25
7.3%
23.7%
Q3 25
7.1%
15.5%
Q2 25
4.9%
12.0%
Q1 25
3.0%
14.4%
Q4 24
5.5%
19.4%
Q3 24
5.7%
19.8%
Q2 24
5.5%
25.5%
Q1 24
2.5%
10.7%
EPS (diluted)
DY
DY
TER
TER
Q4 25
$3.63
$1.62
Q3 25
$3.33
$0.75
Q2 25
$2.09
$0.49
Q1 25
$1.11
$0.61
Q4 24
$2.37
$0.89
Q3 24
$2.32
$0.89
Q2 24
$2.12
$1.14
Q1 24
$0.79
$0.40

Balance Sheet & Financial Strength

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

Metric
DY
DY
TER
TER
Cash + ST InvestmentsLiquidity on hand
$110.1M
$293.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$2.8B
Total Assets
$3.3B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DY
DY
TER
TER
Q4 25
$110.1M
$293.8M
Q3 25
$28.5M
$272.7M
Q2 25
$16.1M
$339.3M
Q1 25
$92.7M
$475.6M
Q4 24
$15.3M
$553.4M
Q3 24
$19.6M
$510.0M
Q2 24
$26.1M
$421.9M
Q1 24
$101.1M
$707.4M
Stockholders' Equity
DY
DY
TER
TER
Q4 25
$1.5B
$2.8B
Q3 25
$1.4B
$2.7B
Q2 25
$1.3B
$2.8B
Q1 25
$1.2B
$2.8B
Q4 24
$1.2B
$2.8B
Q3 24
$1.2B
$2.9B
Q2 24
$1.1B
$2.7B
Q1 24
$1.1B
$2.6B
Total Assets
DY
DY
TER
TER
Q4 25
$3.3B
$4.2B
Q3 25
$3.2B
$4.0B
Q2 25
$3.1B
$3.8B
Q1 25
$2.9B
$3.7B
Q4 24
$3.1B
$3.7B
Q3 24
$2.8B
$3.8B
Q2 24
$2.6B
$3.6B
Q1 24
$2.5B
$3.4B

Cash Flow & Capital Efficiency

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

Metric
DY
DY
TER
TER
Operating Cash FlowLast quarter
$220.0M
$281.6M
Free Cash FlowOCF − Capex
$164.8M
$218.8M
FCF MarginFCF / Revenue
11.4%
20.2%
Capex IntensityCapex / Revenue
3.8%
5.8%
Cash ConversionOCF / Net Profit
2.07×
1.09×
TTM Free Cash FlowTrailing 4 quarters
$296.8M
$450.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DY
DY
TER
TER
Q4 25
$220.0M
$281.6M
Q3 25
$57.4M
$49.0M
Q2 25
$-54.0M
$182.1M
Q1 25
$328.2M
$161.6M
Q4 24
$65.8M
$282.6M
Q3 24
$-7.5M
$166.3M
Q2 24
$-37.4M
$216.1M
Q1 24
$325.1M
$7.3M
Free Cash Flow
DY
DY
TER
TER
Q4 25
$164.8M
$218.8M
Q3 25
$5.8M
$2.4M
Q2 25
$-133.5M
$131.7M
Q1 25
$259.7M
$97.6M
Q4 24
$-8.8M
$225.2M
Q3 24
$-72.9M
$114.4M
Q2 24
$-79.4M
$171.2M
Q1 24
$267.7M
$-36.7M
FCF Margin
DY
DY
TER
TER
Q4 25
11.4%
20.2%
Q3 25
0.4%
0.3%
Q2 25
-10.6%
20.2%
Q1 25
23.9%
14.2%
Q4 24
-0.7%
29.9%
Q3 24
-6.1%
15.5%
Q2 24
-6.9%
23.5%
Q1 24
28.1%
-6.1%
Capex Intensity
DY
DY
TER
TER
Q4 25
3.8%
5.8%
Q3 25
3.8%
6.1%
Q2 25
6.3%
7.7%
Q1 25
6.3%
9.3%
Q4 24
5.9%
7.6%
Q3 24
5.4%
7.0%
Q2 24
3.7%
6.1%
Q1 24
6.0%
7.3%
Cash Conversion
DY
DY
TER
TER
Q4 25
2.07×
1.09×
Q3 25
0.59×
0.41×
Q2 25
-0.88×
2.32×
Q1 25
10.05×
1.63×
Q4 24
0.94×
1.93×
Q3 24
-0.11×
1.14×
Q2 24
-0.60×
1.16×
Q1 24
13.88×
0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DY
DY

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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