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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Teradyne (TER). Click either name above to swap in a different company.

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.3B, roughly 1.3× Teradyne). Teradyne runs the higher net margin — 31.1% vs 8.9%, a 22.2% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 13.8%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs -25.2%).

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

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.

HII vs TER — Head-to-Head

Bigger by revenue
HII
HII
1.3× larger
HII
$1.7B
$1.3B
TER
Growing faster (revenue YoY)
TER
TER
+73.2% gap
TER
87.0%
13.8%
HII
Higher net margin
TER
TER
22.2% more per $
TER
31.1%
8.9%
HII
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
-25.2%
HII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HII
HII
TER
TER
Revenue
$1.7B
$1.3B
Net Profit
$149.0M
$398.9M
Gross Margin
60.9%
Operating Margin
9.3%
36.9%
Net Margin
8.9%
31.1%
Revenue YoY
13.8%
87.0%
Net Profit YoY
EPS (diluted)
$3.79
$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
HII
HII
TER
TER
Q1 26
$1.7B
$1.3B
Q4 25
$3.5B
$1.1B
Q3 25
$3.2B
$769.2M
Q2 25
$3.1B
$651.8M
Q1 25
$2.7B
$685.7M
Q4 24
$3.0B
$752.9M
Q3 24
$2.7B
$737.3M
Q2 24
$3.0B
$729.9M
Net Profit
HII
HII
TER
TER
Q1 26
$149.0M
$398.9M
Q4 25
$159.0M
$257.2M
Q3 25
$145.0M
$119.6M
Q2 25
$152.0M
$78.4M
Q1 25
$149.0M
$98.9M
Q4 24
$123.0M
$146.3M
Q3 24
$101.0M
$145.6M
Q2 24
$173.0M
$186.3M
Gross Margin
HII
HII
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
HII
HII
TER
TER
Q1 26
9.3%
36.9%
Q4 25
4.9%
27.1%
Q3 25
5.0%
18.9%
Q2 25
5.3%
13.9%
Q1 25
5.9%
17.6%
Q4 24
3.7%
20.4%
Q3 24
3.0%
20.6%
Q2 24
6.3%
28.8%
Net Margin
HII
HII
TER
TER
Q1 26
8.9%
31.1%
Q4 25
4.6%
23.7%
Q3 25
4.5%
15.5%
Q2 25
4.9%
12.0%
Q1 25
5.4%
14.4%
Q4 24
4.1%
19.4%
Q3 24
3.7%
19.8%
Q2 24
5.8%
25.5%
EPS (diluted)
HII
HII
TER
TER
Q1 26
$3.79
$2.53
Q4 25
$4.06
$1.62
Q3 25
$3.68
$0.75
Q2 25
$3.86
$0.49
Q1 25
$3.79
$0.61
Q4 24
$3.15
$0.89
Q3 24
$2.56
$0.89
Q2 24
$4.38
$1.14

Balance Sheet & Financial Strength

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

Metric
HII
HII
TER
TER
Cash + ST InvestmentsLiquidity on hand
$216.0M
$241.9M
Total DebtLower is stronger
$2.7B
$0
Stockholders' EquityBook value
$5.1B
Total Assets
$12.5B
$4.4B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
TER
TER
Q1 26
$216.0M
$241.9M
Q4 25
$293.8M
Q3 25
$272.7M
Q2 25
$339.3M
Q1 25
$475.6M
Q4 24
$553.4M
Q3 24
$510.0M
Q2 24
$421.9M
Total Debt
HII
HII
TER
TER
Q1 26
$2.7B
$0
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
Q3 24
Q2 24
Stockholders' Equity
HII
HII
TER
TER
Q1 26
$5.1B
Q4 25
$5.1B
$2.8B
Q3 25
$5.0B
$2.7B
Q2 25
$4.9B
$2.8B
Q1 25
$4.8B
$2.8B
Q4 24
$4.7B
$2.8B
Q3 24
$4.2B
$2.9B
Q2 24
$4.2B
$2.7B
Total Assets
HII
HII
TER
TER
Q1 26
$12.5B
$4.4B
Q4 25
$12.7B
$4.2B
Q3 25
$12.3B
$4.0B
Q2 25
$12.1B
$3.8B
Q1 25
$12.1B
$3.7B
Q4 24
$12.1B
$3.7B
Q3 24
$11.1B
$3.8B
Q2 24
$11.3B
$3.6B
Debt / Equity
HII
HII
TER
TER
Q1 26
0.52×
Q4 25
0.53×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
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
HII
HII
TER
TER
Operating Cash FlowLast quarter
$-390.0M
$265.1M
Free Cash FlowOCF − Capex
$-461.0M
FCF MarginFCF / Revenue
-27.7%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
-2.62×
0.66×
TTM Free Cash FlowTrailing 4 quarters
$795.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
TER
TER
Q1 26
$-390.0M
$265.1M
Q4 25
$650.0M
$281.6M
Q3 25
$118.0M
$49.0M
Q2 25
$823.0M
$182.1M
Q1 25
$-395.0M
$161.6M
Q4 24
$391.0M
$282.6M
Q3 24
$213.0M
$166.3M
Q2 24
$-9.0M
$216.1M
Free Cash Flow
HII
HII
TER
TER
Q1 26
$-461.0M
Q4 25
$516.0M
$218.8M
Q3 25
$13.0M
$2.4M
Q2 25
$727.0M
$131.7M
Q1 25
$-462.0M
$97.6M
Q4 24
$277.0M
$225.2M
Q3 24
$125.0M
$114.4M
Q2 24
$-99.0M
$171.2M
FCF Margin
HII
HII
TER
TER
Q1 26
-27.7%
Q4 25
14.8%
20.2%
Q3 25
0.4%
0.3%
Q2 25
23.6%
20.2%
Q1 25
-16.9%
14.2%
Q4 24
9.2%
29.9%
Q3 24
4.5%
15.5%
Q2 24
-3.3%
23.5%
Capex Intensity
HII
HII
TER
TER
Q1 26
4.4%
Q4 25
3.9%
5.8%
Q3 25
3.3%
6.1%
Q2 25
3.1%
7.7%
Q1 25
2.5%
9.3%
Q4 24
3.8%
7.6%
Q3 24
3.2%
7.0%
Q2 24
3.0%
6.1%
Cash Conversion
HII
HII
TER
TER
Q1 26
-2.62×
0.66×
Q4 25
4.09×
1.09×
Q3 25
0.81×
0.41×
Q2 25
5.41×
2.32×
Q1 25
-2.65×
1.63×
Q4 24
3.18×
1.93×
Q3 24
2.11×
1.14×
Q2 24
-0.05×
1.16×

Financial Flow Comparison

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

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