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Side-by-side financial comparison of Lineage, Inc. (LINE) and Teradyne (TER). Click either name above to swap in a different company.

Lineage, Inc. is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× Teradyne). Teradyne runs the higher net margin — 23.7% vs -7.3%, a 31.0% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (43.9% vs 3.1%). Teradyne produced more free cash flow last quarter ($218.8M vs $35.0M).

Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.

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.

LINE vs TER — Head-to-Head

Bigger by revenue
LINE
LINE
1.3× larger
LINE
$1.4B
$1.1B
TER
Growing faster (revenue YoY)
TER
TER
+40.7% gap
TER
43.9%
3.1%
LINE
Higher net margin
TER
TER
31.0% more per $
TER
23.7%
-7.3%
LINE
More free cash flow
TER
TER
$183.8M more FCF
TER
$218.8M
$35.0M
LINE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LINE
LINE
TER
TER
Revenue
$1.4B
$1.1B
Net Profit
$-100.0M
$257.2M
Gross Margin
32.3%
57.2%
Operating Margin
2.5%
27.1%
Net Margin
-7.3%
23.7%
Revenue YoY
3.1%
43.9%
Net Profit YoY
79.4%
75.9%
EPS (diluted)
$-0.44
$1.62

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
LINE
LINE
TER
TER
Q4 25
$1.1B
Q3 25
$1.4B
$769.2M
Q2 25
$1.4B
$651.8M
Q1 25
$1.3B
$685.7M
Q4 24
$1.3B
$752.9M
Q3 24
$1.3B
$737.3M
Q2 24
$1.3B
$729.9M
Q1 24
$1.3B
$599.8M
Net Profit
LINE
LINE
TER
TER
Q4 25
$257.2M
Q3 25
$-100.0M
$119.6M
Q2 25
$-6.0M
$78.4M
Q1 25
$0
$98.9M
Q4 24
$-71.0M
$146.3M
Q3 24
$-485.0M
$145.6M
Q2 24
$-68.0M
$186.3M
Q1 24
$-40.0M
$64.2M
Gross Margin
LINE
LINE
TER
TER
Q4 25
57.2%
Q3 25
32.3%
58.4%
Q2 25
31.9%
57.2%
Q1 25
32.2%
60.6%
Q4 24
32.3%
59.4%
Q3 24
32.8%
59.2%
Q2 24
33.4%
58.3%
Q1 24
33.4%
56.6%
Operating Margin
LINE
LINE
TER
TER
Q4 25
27.1%
Q3 25
2.5%
18.9%
Q2 25
1.7%
13.9%
Q1 25
4.3%
17.6%
Q4 24
-1.6%
20.4%
Q3 24
-38.6%
20.6%
Q2 24
5.5%
28.8%
Q1 24
7.6%
13.0%
Net Margin
LINE
LINE
TER
TER
Q4 25
23.7%
Q3 25
-7.3%
15.5%
Q2 25
-0.4%
12.0%
Q1 25
14.4%
Q4 24
-5.3%
19.4%
Q3 24
-36.3%
19.8%
Q2 24
-5.1%
25.5%
Q1 24
-3.0%
10.7%
EPS (diluted)
LINE
LINE
TER
TER
Q4 25
$1.62
Q3 25
$-0.44
$0.75
Q2 25
$-0.03
$0.49
Q1 25
$0.01
$0.61
Q4 24
$-0.52
$0.89
Q3 24
$-2.44
$0.89
Q2 24
$-0.46
$1.14
Q1 24
$-0.28
$0.40

Balance Sheet & Financial Strength

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

Metric
LINE
LINE
TER
TER
Cash + ST InvestmentsLiquidity on hand
$293.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.4B
$2.8B
Total Assets
$19.2B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LINE
LINE
TER
TER
Q4 25
$293.8M
Q3 25
$272.7M
Q2 25
$339.3M
Q1 25
$475.6M
Q4 24
$173.0M
$553.4M
Q3 24
$409.0M
$510.0M
Q2 24
$73.0M
$421.9M
Q1 24
$707.4M
Stockholders' Equity
LINE
LINE
TER
TER
Q4 25
$2.8B
Q3 25
$8.4B
$2.7B
Q2 25
$8.6B
$2.8B
Q1 25
$8.6B
$2.8B
Q4 24
$8.6B
$2.8B
Q3 24
$9.0B
$2.9B
Q2 24
$4.9B
$2.7B
Q1 24
$5.6B
$2.6B
Total Assets
LINE
LINE
TER
TER
Q4 25
$4.2B
Q3 25
$19.2B
$4.0B
Q2 25
$19.4B
$3.8B
Q1 25
$18.8B
$3.7B
Q4 24
$18.7B
$3.7B
Q3 24
$19.3B
$3.8B
Q2 24
$18.8B
$3.6B
Q1 24
$3.4B

Cash Flow & Capital Efficiency

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

Metric
LINE
LINE
TER
TER
Operating Cash FlowLast quarter
$230.0M
$281.6M
Free Cash FlowOCF − Capex
$35.0M
$218.8M
FCF MarginFCF / Revenue
2.5%
20.2%
Capex IntensityCapex / Revenue
14.2%
5.8%
Cash ConversionOCF / Net Profit
1.09×
TTM Free Cash FlowTrailing 4 quarters
$450.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LINE
LINE
TER
TER
Q4 25
$281.6M
Q3 25
$230.0M
$49.0M
Q2 25
$258.0M
$182.1M
Q1 25
$139.0M
$161.6M
Q4 24
$282.6M
Q3 24
$186.0M
$166.3M
Q2 24
$155.0M
$216.1M
Q1 24
$105.0M
$7.3M
Free Cash Flow
LINE
LINE
TER
TER
Q4 25
$218.8M
Q3 25
$35.0M
$2.4M
Q2 25
$95.0M
$131.7M
Q1 25
$-12.0M
$97.6M
Q4 24
$225.2M
Q3 24
$33.0M
$114.4M
Q2 24
$-31.0M
$171.2M
Q1 24
$-42.0M
$-36.7M
FCF Margin
LINE
LINE
TER
TER
Q4 25
20.2%
Q3 25
2.5%
0.3%
Q2 25
7.0%
20.2%
Q1 25
-0.9%
14.2%
Q4 24
29.9%
Q3 24
2.5%
15.5%
Q2 24
-2.3%
23.5%
Q1 24
-3.2%
-6.1%
Capex Intensity
LINE
LINE
TER
TER
Q4 25
5.8%
Q3 25
14.2%
6.1%
Q2 25
12.1%
7.7%
Q1 25
11.7%
9.3%
Q4 24
7.6%
Q3 24
11.5%
7.0%
Q2 24
13.9%
6.1%
Q1 24
11.1%
7.3%
Cash Conversion
LINE
LINE
TER
TER
Q4 25
1.09×
Q3 25
0.41×
Q2 25
2.32×
Q1 25
1.63×
Q4 24
1.93×
Q3 24
1.14×
Q2 24
1.16×
Q1 24
0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LINE
LINE

Warehousing Operations$883.0M64%
Other$308.0M22%
Warehouse Lease$60.0M4%
Food Sales$52.0M4%
E Commerce And Other$46.0M3%
Railcar Lease$23.0M2%
Service Other$5.0M0%

TER
TER

Soc$646.5M60%
Memory$206.5M19%
Transferred At Point In Time$90.0M8%
Universal Robots$89.4M8%
IST$30.5M3%
Transferred Over Time$20.5M2%

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