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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) 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 $747.5M, roughly 1.7× Installed Building Products, Inc.). Teradyne runs the higher net margin — 31.1% vs 10.2%, a 20.9% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (86.9% vs -0.4%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 3.9%).
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
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.
IBP vs TER — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $747.5M | $1.3B |
| Net Profit | $76.6M | $398.9M |
| Gross Margin | 35.0% | 60.9% |
| Operating Margin | 14.6% | 36.9% |
| Net Margin | 10.2% | 31.1% |
| Revenue YoY | -0.4% | 86.9% |
| Net Profit YoY | 14.5% | 55.1% |
| EPS (diluted) | $2.81 | $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.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $747.5M | $1.1B | ||
| Q3 25 | $778.2M | $769.2M | ||
| Q2 25 | $760.3M | $651.8M | ||
| Q1 25 | $684.8M | $685.7M | ||
| Q4 24 | $750.2M | $752.9M | ||
| Q3 24 | $760.6M | $737.3M | ||
| Q2 24 | $737.6M | $729.9M |
| Q1 26 | — | $398.9M | ||
| Q4 25 | $76.6M | $257.2M | ||
| Q3 25 | $74.4M | $119.6M | ||
| Q2 25 | $69.0M | $78.4M | ||
| Q1 25 | $45.4M | $98.9M | ||
| Q4 24 | $66.9M | $146.3M | ||
| Q3 24 | $68.6M | $145.6M | ||
| Q2 24 | $65.2M | $186.3M |
| Q1 26 | — | 60.9% | ||
| Q4 25 | 35.0% | 57.2% | ||
| Q3 25 | 34.0% | 58.4% | ||
| Q2 25 | 34.2% | 57.2% | ||
| Q1 25 | 32.7% | 60.6% | ||
| Q4 24 | 33.6% | 59.4% | ||
| Q3 24 | 33.8% | 59.2% | ||
| Q2 24 | 34.1% | 58.3% |
| Q1 26 | — | 36.9% | ||
| Q4 25 | 14.6% | 27.1% | ||
| Q3 25 | 13.7% | 18.9% | ||
| Q2 25 | 13.3% | 13.9% | ||
| Q1 25 | 10.2% | 17.6% | ||
| Q4 24 | 13.1% | 20.4% | ||
| Q3 24 | 13.3% | 20.6% | ||
| Q2 24 | 12.9% | 28.8% |
| Q1 26 | — | 31.1% | ||
| Q4 25 | 10.2% | 23.7% | ||
| Q3 25 | 9.6% | 15.5% | ||
| Q2 25 | 9.1% | 12.0% | ||
| Q1 25 | 6.6% | 14.4% | ||
| Q4 24 | 8.9% | 19.4% | ||
| Q3 24 | 9.0% | 19.8% | ||
| Q2 24 | 8.8% | 25.5% |
| Q1 26 | — | $2.53 | ||
| Q4 25 | $2.81 | $1.62 | ||
| Q3 25 | $2.74 | $0.75 | ||
| Q2 25 | $2.52 | $0.49 | ||
| Q1 25 | $1.64 | $0.61 | ||
| Q4 24 | $2.39 | $0.89 | ||
| Q3 24 | $2.44 | $0.89 | ||
| Q2 24 | $2.30 | $1.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $321.9M | $241.9M |
| Total DebtLower is stronger | $886.6M | $0 |
| Stockholders' EquityBook value | $709.9M | — |
| Total Assets | $2.1B | $4.4B |
| Debt / EquityLower = less leverage | 1.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $241.9M | ||
| Q4 25 | $321.9M | $293.8M | ||
| Q3 25 | $333.3M | $272.7M | ||
| Q2 25 | $305.2M | $339.3M | ||
| Q1 25 | $298.7M | $475.6M | ||
| Q4 24 | $327.6M | $553.4M | ||
| Q3 24 | $406.2M | $510.0M | ||
| Q2 24 | $380.3M | $421.9M |
| Q1 26 | — | $0 | ||
| Q4 25 | $886.6M | — | ||
| Q3 25 | $880.8M | — | ||
| Q2 25 | $876.1M | — | ||
| Q1 25 | $872.4M | — | ||
| Q4 24 | $874.8M | — | ||
| Q3 24 | $872.3M | — | ||
| Q2 24 | $875.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | $709.9M | $2.8B | ||
| Q3 25 | $678.6M | $2.7B | ||
| Q2 25 | $664.5M | $2.8B | ||
| Q1 25 | $660.9M | $2.8B | ||
| Q4 24 | $705.3M | $2.8B | ||
| Q3 24 | $716.4M | $2.9B | ||
| Q2 24 | $685.3M | $2.7B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $2.1B | $4.2B | ||
| Q3 25 | $2.1B | $4.0B | ||
| Q2 25 | $2.0B | $3.8B | ||
| Q1 25 | $2.0B | $3.7B | ||
| Q4 24 | $2.1B | $3.7B | ||
| Q3 24 | $2.1B | $3.8B | ||
| Q2 24 | $2.0B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.32× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 1.24× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 1.28× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $64.9M | $265.1M |
| Free Cash FlowOCF − Capex | $49.3M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | 0.85× | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | $300.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $265.1M | ||
| Q4 25 | $64.9M | $281.6M | ||
| Q3 25 | $124.0M | $49.0M | ||
| Q2 25 | $90.4M | $182.1M | ||
| Q1 25 | $92.1M | $161.6M | ||
| Q4 24 | $74.8M | $282.6M | ||
| Q3 24 | $101.4M | $166.3M | ||
| Q2 24 | $79.0M | $216.1M |
| Q1 26 | — | — | ||
| Q4 25 | $49.3M | $218.8M | ||
| Q3 25 | $104.8M | $2.4M | ||
| Q2 25 | $74.8M | $131.7M | ||
| Q1 25 | $71.9M | $97.6M | ||
| Q4 24 | $52.9M | $225.2M | ||
| Q3 24 | $77.3M | $114.4M | ||
| Q2 24 | $58.2M | $171.2M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 20.2% | ||
| Q3 25 | 13.5% | 0.3% | ||
| Q2 25 | 9.8% | 20.2% | ||
| Q1 25 | 10.5% | 14.2% | ||
| Q4 24 | 7.1% | 29.9% | ||
| Q3 24 | 10.2% | 15.5% | ||
| Q2 24 | 7.9% | 23.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 5.8% | ||
| Q3 25 | 2.5% | 6.1% | ||
| Q2 25 | 2.1% | 7.7% | ||
| Q1 25 | 2.9% | 9.3% | ||
| Q4 24 | 2.9% | 7.6% | ||
| Q3 24 | 3.2% | 7.0% | ||
| Q2 24 | 2.8% | 6.1% |
| Q1 26 | — | 0.66× | ||
| Q4 25 | 0.85× | 1.09× | ||
| Q3 25 | 1.67× | 0.41× | ||
| Q2 25 | 1.31× | 2.32× | ||
| Q1 25 | 2.03× | 1.63× | ||
| Q4 24 | 1.12× | 1.93× | ||
| Q3 24 | 1.48× | 1.14× | ||
| Q2 24 | 1.21× | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
TER
Segment breakdown not available.
