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Side-by-side financial comparison of IDEX Corporation (IEX) 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 $886.9M, roughly 1.4× IDEX Corporation). Teradyne runs the higher net margin — 31.1% vs 13.5%, a 17.6% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (86.9% vs 8.9%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 5.4%).
IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.
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.
IEX vs TER — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $886.9M | $1.3B |
| Net Profit | $120.0M | $398.9M |
| Gross Margin | 44.9% | 60.9% |
| Operating Margin | 19.4% | 36.9% |
| Net Margin | 13.5% | 31.1% |
| Revenue YoY | 8.9% | 86.9% |
| Net Profit YoY | 25.7% | 55.1% |
| EPS (diluted) | $1.61 | $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.
| Q2 26 | $886.9M | — | ||
| Q1 26 | $899.1M | $1.3B | ||
| Q4 25 | $899.1M | $1.1B | ||
| Q3 25 | $878.7M | $769.2M | ||
| Q2 25 | $865.4M | $651.8M | ||
| Q1 25 | $814.3M | $685.7M | ||
| Q4 24 | $862.9M | $752.9M | ||
| Q3 24 | $798.2M | $737.3M |
| Q2 26 | $120.0M | — | ||
| Q1 26 | $128.3M | $398.9M | ||
| Q4 25 | $128.3M | $257.2M | ||
| Q3 25 | $127.8M | $119.6M | ||
| Q2 25 | $131.6M | $78.4M | ||
| Q1 25 | $95.5M | $98.9M | ||
| Q4 24 | $123.2M | $146.3M | ||
| Q3 24 | $119.1M | $145.6M |
| Q2 26 | 44.9% | — | ||
| Q1 26 | 43.1% | 60.9% | ||
| Q4 25 | 43.1% | 57.2% | ||
| Q3 25 | 44.5% | 58.4% | ||
| Q2 25 | 45.3% | 57.2% | ||
| Q1 25 | 45.3% | 60.6% | ||
| Q4 24 | 42.5% | 59.4% | ||
| Q3 24 | 44.3% | 59.2% |
| Q2 26 | 19.4% | — | ||
| Q1 26 | 20.4% | 36.9% | ||
| Q4 25 | 20.4% | 27.1% | ||
| Q3 25 | 21.1% | 18.9% | ||
| Q2 25 | 21.7% | 13.9% | ||
| Q1 25 | 17.4% | 17.6% | ||
| Q4 24 | 19.2% | 20.4% | ||
| Q3 24 | 21.0% | 20.6% |
| Q2 26 | 13.5% | — | ||
| Q1 26 | 14.3% | 31.1% | ||
| Q4 25 | 14.3% | 23.7% | ||
| Q3 25 | 14.5% | 15.5% | ||
| Q2 25 | 15.2% | 12.0% | ||
| Q1 25 | 11.7% | 14.4% | ||
| Q4 24 | 14.3% | 19.4% | ||
| Q3 24 | 14.9% | 19.8% |
| Q2 26 | $1.61 | — | ||
| Q1 26 | $1.71 | $2.53 | ||
| Q4 25 | $1.71 | $1.62 | ||
| Q3 25 | $1.70 | $0.75 | ||
| Q2 25 | $1.74 | $0.49 | ||
| Q1 25 | $1.26 | $0.61 | ||
| Q4 24 | $1.61 | $0.89 | ||
| Q3 24 | $1.57 | $0.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $586.2M | $241.9M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $4.0B | — |
| Total Assets | $6.9B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $586.2M | — | ||
| Q1 26 | $580.0M | $241.9M | ||
| Q4 25 | $580.0M | $293.8M | ||
| Q3 25 | $593.8M | $272.7M | ||
| Q2 25 | $568.2M | $339.3M | ||
| Q1 25 | $594.1M | $475.6M | ||
| Q4 24 | $620.8M | $553.4M | ||
| Q3 24 | $633.2M | $510.0M |
| Q2 26 | — | — | ||
| Q1 26 | — | $0 | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — |
| Q2 26 | $4.0B | — | ||
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $2.8B | ||
| Q3 25 | $4.0B | $2.7B | ||
| Q2 25 | $4.0B | $2.8B | ||
| Q1 25 | $3.9B | $2.8B | ||
| Q4 24 | $3.8B | $2.8B | ||
| Q3 24 | $3.8B | $2.9B |
| Q2 26 | $6.9B | — | ||
| Q1 26 | $6.9B | $4.4B | ||
| Q4 25 | $6.9B | $4.2B | ||
| Q3 25 | $7.0B | $4.0B | ||
| Q2 25 | $6.9B | $3.8B | ||
| Q1 25 | $6.8B | $3.7B | ||
| Q4 24 | $6.7B | $3.7B | ||
| Q3 24 | $7.0B | $3.8B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.50× | — | ||
| Q4 24 | 0.52× | — | ||
| Q3 24 | 0.55× | — |
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 | — | $265.1M |
| Free Cash FlowOCF − Capex | $86.0M | — |
| FCF MarginFCF / Revenue | 9.7% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | — | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | $654.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | $265.1M | ||
| Q4 25 | $209.5M | $281.6M | ||
| Q3 25 | $203.5M | $49.0M | ||
| Q2 25 | $161.7M | $182.1M | ||
| Q1 25 | $105.7M | $161.6M | ||
| Q4 24 | $172.6M | $282.6M | ||
| Q3 24 | $205.3M | $166.3M |
| Q2 26 | $86.0M | — | ||
| Q1 26 | $189.8M | — | ||
| Q4 25 | $189.8M | $218.8M | ||
| Q3 25 | $188.7M | $2.4M | ||
| Q2 25 | $146.9M | $131.7M | ||
| Q1 25 | $91.4M | $97.6M | ||
| Q4 24 | $157.1M | $225.2M | ||
| Q3 24 | $191.6M | $114.4M |
| Q2 26 | 9.7% | — | ||
| Q1 26 | 21.1% | — | ||
| Q4 25 | 21.1% | 20.2% | ||
| Q3 25 | 21.5% | 0.3% | ||
| Q2 25 | 17.0% | 20.2% | ||
| Q1 25 | 11.2% | 14.2% | ||
| Q4 24 | 18.2% | 29.9% | ||
| Q3 24 | 24.0% | 15.5% |
| Q2 26 | 2.0% | — | ||
| Q1 26 | 7.1% | — | ||
| Q4 25 | 2.2% | 5.8% | ||
| Q3 25 | 1.7% | 6.1% | ||
| Q2 25 | 1.7% | 7.7% | ||
| Q1 25 | 1.8% | 9.3% | ||
| Q4 24 | 1.8% | 7.6% | ||
| Q3 24 | 1.7% | 7.0% |
| Q2 26 | — | — | ||
| Q1 26 | — | 0.66× | ||
| Q4 25 | 1.63× | 1.09× | ||
| Q3 25 | 1.59× | 0.41× | ||
| Q2 25 | 1.23× | 2.32× | ||
| Q1 25 | 1.11× | 1.63× | ||
| Q4 24 | 1.40× | 1.93× | ||
| Q3 24 | 1.72× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
