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Side-by-side financial comparison of FLOWSERVE CORP (FLS) 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× FLOWSERVE CORP). Teradyne runs the higher net margin — 31.1% vs 7.6%, a 23.5% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs -6.7%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs -3.9%).

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

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.

FLS vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.2× larger
TER
$1.3B
$1.1B
FLS
Growing faster (revenue YoY)
TER
TER
+93.7% gap
TER
87.0%
-6.7%
FLS
Higher net margin
TER
TER
23.5% more per $
TER
31.1%
7.6%
FLS
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
-3.9%
FLS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FLS
FLS
TER
TER
Revenue
$1.1B
$1.3B
Net Profit
$81.7M
$398.9M
Gross Margin
35.6%
60.9%
Operating Margin
11.2%
36.9%
Net Margin
7.6%
31.1%
Revenue YoY
-6.7%
87.0%
Net Profit YoY
10.5%
EPS (diluted)
$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
FLS
FLS
TER
TER
Q1 26
$1.1B
$1.3B
Q4 25
$1.2B
$1.1B
Q3 25
$1.2B
$769.2M
Q2 25
$1.2B
$651.8M
Q1 25
$1.1B
$685.7M
Q4 24
$1.2B
$752.9M
Q3 24
$1.1B
$737.3M
Q2 24
$1.2B
$729.9M
Net Profit
FLS
FLS
TER
TER
Q1 26
$81.7M
$398.9M
Q4 25
$-29.0M
$257.2M
Q3 25
$219.6M
$119.6M
Q2 25
$81.8M
$78.4M
Q1 25
$73.9M
$98.9M
Q4 24
$77.5M
$146.3M
Q3 24
$58.4M
$145.6M
Q2 24
$72.6M
$186.3M
Gross Margin
FLS
FLS
TER
TER
Q1 26
35.6%
60.9%
Q4 25
34.8%
57.2%
Q3 25
32.4%
58.4%
Q2 25
34.2%
57.2%
Q1 25
32.3%
60.6%
Q4 24
31.5%
59.4%
Q3 24
31.5%
59.2%
Q2 24
31.6%
58.3%
Operating Margin
FLS
FLS
TER
TER
Q1 26
11.2%
36.9%
Q4 25
3.5%
27.1%
Q3 25
6.7%
18.9%
Q2 25
12.3%
13.9%
Q1 25
11.5%
17.6%
Q4 24
10.6%
20.4%
Q3 24
9.1%
20.6%
Q2 24
10.5%
28.8%
Net Margin
FLS
FLS
TER
TER
Q1 26
7.6%
31.1%
Q4 25
-2.4%
23.7%
Q3 25
18.7%
15.5%
Q2 25
6.9%
12.0%
Q1 25
6.5%
14.4%
Q4 24
6.6%
19.4%
Q3 24
5.2%
19.8%
Q2 24
6.3%
25.5%
EPS (diluted)
FLS
FLS
TER
TER
Q1 26
$2.53
Q4 25
$-0.21
$1.62
Q3 25
$1.67
$0.75
Q2 25
$0.62
$0.49
Q1 25
$0.56
$0.61
Q4 24
$0.59
$0.89
Q3 24
$0.44
$0.89
Q2 24
$0.55
$1.14

Balance Sheet & Financial Strength

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

Metric
FLS
FLS
TER
TER
Cash + ST InvestmentsLiquidity on hand
$792.4M
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$2.3B
Total Assets
$5.7B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
TER
TER
Q1 26
$792.4M
$241.9M
Q4 25
$760.2M
$293.8M
Q3 25
$272.7M
Q2 25
$339.3M
Q1 25
$475.6M
Q4 24
$675.4M
$553.4M
Q3 24
$510.0M
Q2 24
$421.9M
Total Debt
FLS
FLS
TER
TER
Q1 26
$0
Q4 25
$1.6B
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Stockholders' Equity
FLS
FLS
TER
TER
Q1 26
$2.3B
Q4 25
$2.2B
$2.8B
Q3 25
$2.3B
$2.7B
Q2 25
$2.2B
$2.8B
Q1 25
$2.1B
$2.8B
Q4 24
$2.0B
$2.8B
Q3 24
$2.1B
$2.9B
Q2 24
$2.0B
$2.7B
Total Assets
FLS
FLS
TER
TER
Q1 26
$5.7B
$4.4B
Q4 25
$5.7B
$4.2B
Q3 25
$5.8B
$4.0B
Q2 25
$5.7B
$3.8B
Q1 25
$5.5B
$3.7B
Q4 24
$5.5B
$3.7B
Q3 24
$5.3B
$3.8B
Q2 24
$5.2B
$3.6B
Debt / Equity
FLS
FLS
TER
TER
Q1 26
Q4 25
0.72×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLS
FLS
TER
TER
Q1 26
$265.1M
Q4 25
$-174.0K
$281.6M
Q3 25
$401.8M
$49.0M
Q2 25
$154.1M
$182.1M
Q1 25
$-49.9M
$161.6M
Q4 24
$197.3M
$282.6M
Q3 24
$178.5M
$166.3M
Q2 24
$-12.8M
$216.1M
Free Cash Flow
FLS
FLS
TER
TER
Q1 26
Q4 25
$-25.6M
$218.8M
Q3 25
$384.7M
$2.4M
Q2 25
$137.5M
$131.7M
Q1 25
$-61.7M
$97.6M
Q4 24
$168.5M
$225.2M
Q3 24
$154.6M
$114.4M
Q2 24
$-27.5M
$171.2M
FCF Margin
FLS
FLS
TER
TER
Q1 26
Q4 25
-2.1%
20.2%
Q3 25
32.8%
0.3%
Q2 25
11.6%
20.2%
Q1 25
-5.4%
14.2%
Q4 24
14.3%
29.9%
Q3 24
13.6%
15.5%
Q2 24
-2.4%
23.5%
Capex Intensity
FLS
FLS
TER
TER
Q1 26
Q4 25
2.1%
5.8%
Q3 25
1.5%
6.1%
Q2 25
1.4%
7.7%
Q1 25
1.0%
9.3%
Q4 24
2.4%
7.6%
Q3 24
2.1%
7.0%
Q2 24
1.3%
6.1%
Cash Conversion
FLS
FLS
TER
TER
Q1 26
0.66×
Q4 25
1.09×
Q3 25
1.83×
0.41×
Q2 25
1.89×
2.32×
Q1 25
-0.68×
1.63×
Q4 24
2.55×
1.93×
Q3 24
3.06×
1.14×
Q2 24
-0.18×
1.16×

Financial Flow Comparison

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

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