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Side-by-side financial comparison of LEVI STRAUSS & CO (LEVI) and Teradyne (TER). Click either name above to swap in a different company.

LEVI STRAUSS & CO is the larger business by last-quarter revenue ($1.8B vs $1.3B, roughly 1.4× 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 -4.0%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 6.5%).

Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.

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.

LEVI vs TER — Head-to-Head

Bigger by revenue
LEVI
LEVI
1.4× larger
LEVI
$1.8B
$1.3B
TER
Growing faster (revenue YoY)
TER
TER
+91.1% gap
TER
87.0%
-4.0%
LEVI
Higher net margin
TER
TER
22.2% more per $
TER
31.1%
8.9%
LEVI
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
6.5%
LEVI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LEVI
LEVI
TER
TER
Revenue
$1.8B
$1.3B
Net Profit
$158.0M
$398.9M
Gross Margin
60.8%
60.9%
Operating Margin
11.9%
36.9%
Net Margin
8.9%
31.1%
Revenue YoY
-4.0%
87.0%
Net Profit YoY
-13.4%
EPS (diluted)
$0.39
$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
LEVI
LEVI
TER
TER
Q1 26
$1.3B
Q4 25
$1.8B
$1.1B
Q3 25
$1.5B
$769.2M
Q2 25
$1.4B
$651.8M
Q1 25
$1.5B
$685.7M
Q4 24
$1.8B
$752.9M
Q3 24
$1.5B
$737.3M
Q2 24
$1.4B
$729.9M
Net Profit
LEVI
LEVI
TER
TER
Q1 26
$398.9M
Q4 25
$158.0M
$257.2M
Q3 25
$218.1M
$119.6M
Q2 25
$67.0M
$78.4M
Q1 25
$135.0M
$98.9M
Q4 24
$182.5M
$146.3M
Q3 24
$20.7M
$145.6M
Q2 24
$18.0M
$186.3M
Gross Margin
LEVI
LEVI
TER
TER
Q1 26
60.9%
Q4 25
60.8%
57.2%
Q3 25
61.7%
58.4%
Q2 25
62.6%
57.2%
Q1 25
62.1%
60.6%
Q4 24
61.3%
59.4%
Q3 24
60.0%
59.2%
Q2 24
60.5%
58.3%
Operating Margin
LEVI
LEVI
TER
TER
Q1 26
36.9%
Q4 25
11.9%
27.1%
Q3 25
10.8%
18.9%
Q2 25
7.5%
13.9%
Q1 25
12.5%
17.6%
Q4 24
11.5%
20.4%
Q3 24
2.0%
20.6%
Q2 24
1.5%
28.8%
Net Margin
LEVI
LEVI
TER
TER
Q1 26
31.1%
Q4 25
8.9%
23.7%
Q3 25
14.1%
15.5%
Q2 25
4.6%
12.0%
Q1 25
8.8%
14.4%
Q4 24
9.9%
19.4%
Q3 24
1.4%
19.8%
Q2 24
1.2%
25.5%
EPS (diluted)
LEVI
LEVI
TER
TER
Q1 26
$2.53
Q4 25
$0.39
$1.62
Q3 25
$0.55
$0.75
Q2 25
$0.17
$0.49
Q1 25
$0.34
$0.61
Q4 24
$0.46
$0.89
Q3 24
$0.05
$0.89
Q2 24
$0.04
$1.14

Balance Sheet & Financial Strength

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

Metric
LEVI
LEVI
TER
TER
Cash + ST InvestmentsLiquidity on hand
$848.8M
$241.9M
Total DebtLower is stronger
$1.1B
$0
Stockholders' EquityBook value
$2.3B
Total Assets
$6.8B
$4.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LEVI
LEVI
TER
TER
Q1 26
$241.9M
Q4 25
$848.8M
$293.8M
Q3 25
$707.5M
$272.7M
Q2 25
$736.7M
$339.3M
Q1 25
$574.4M
$475.6M
Q4 24
$690.0M
$553.4M
Q3 24
$577.1M
$510.0M
Q2 24
$641.4M
$421.9M
Total Debt
LEVI
LEVI
TER
TER
Q1 26
$0
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$987.4M
Q4 24
$994.0M
Q3 24
$1.0B
Q2 24
$1.0B
Stockholders' Equity
LEVI
LEVI
TER
TER
Q1 26
Q4 25
$2.3B
$2.8B
Q3 25
$2.2B
$2.7B
Q2 25
$2.1B
$2.8B
Q1 25
$2.0B
$2.8B
Q4 24
$2.0B
$2.8B
Q3 24
$1.9B
$2.9B
Q2 24
$2.0B
$2.7B
Total Assets
LEVI
LEVI
TER
TER
Q1 26
$4.4B
Q4 25
$6.8B
$4.2B
Q3 25
$6.7B
$4.0B
Q2 25
$6.5B
$3.8B
Q1 25
$6.2B
$3.7B
Q4 24
$6.4B
$3.7B
Q3 24
$6.3B
$3.8B
Q2 24
$6.2B
$3.6B
Debt / Equity
LEVI
LEVI
TER
TER
Q1 26
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.49×
Q4 24
0.50×
Q3 24
0.54×
Q2 24
0.51×

Cash Flow & Capital Efficiency

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

Metric
LEVI
LEVI
TER
TER
Operating Cash FlowLast quarter
$266.8M
$265.1M
Free Cash FlowOCF − Capex
$215.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.69×
0.66×
TTM Free Cash FlowTrailing 4 quarters
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LEVI
LEVI
TER
TER
Q1 26
$265.1M
Q4 25
$266.8M
$281.6M
Q3 25
$24.8M
$49.0M
Q2 25
$185.5M
$182.1M
Q1 25
$52.5M
$161.6M
Q4 24
$297.3M
$282.6M
Q3 24
$52.3M
$166.3M
Q2 24
$262.8M
$216.1M
Free Cash Flow
LEVI
LEVI
TER
TER
Q1 26
Q4 25
$215.7M
$218.8M
Q3 25
$-39.4M
$2.4M
Q2 25
$146.0M
$131.7M
Q1 25
$-14.1M
$97.6M
Q4 24
$231.6M
$225.2M
Q3 24
$2.3M
$114.4M
Q2 24
$222.6M
$171.2M
FCF Margin
LEVI
LEVI
TER
TER
Q1 26
Q4 25
12.2%
20.2%
Q3 25
-2.6%
0.3%
Q2 25
10.1%
20.2%
Q1 25
-0.9%
14.2%
Q4 24
12.6%
29.9%
Q3 24
0.2%
15.5%
Q2 24
15.4%
23.5%
Capex Intensity
LEVI
LEVI
TER
TER
Q1 26
Q4 25
2.9%
5.8%
Q3 25
4.2%
6.1%
Q2 25
2.7%
7.7%
Q1 25
4.4%
9.3%
Q4 24
3.6%
7.6%
Q3 24
3.3%
7.0%
Q2 24
2.8%
6.1%
Cash Conversion
LEVI
LEVI
TER
TER
Q1 26
0.66×
Q4 25
1.69×
1.09×
Q3 25
0.11×
0.41×
Q2 25
2.77×
2.32×
Q1 25
0.39×
1.63×
Q4 24
1.63×
1.93×
Q3 24
2.53×
1.14×
Q2 24
14.60×
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

TER
TER

Segment breakdown not available.

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