vs

Side-by-side financial comparison of Opendoor Technologies Inc. (OPEN) 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 $736.0M, roughly 1.7× Opendoor Technologies Inc.). Teradyne runs the higher net margin — 31.1% vs -148.9%, a 180.0% gap on every dollar of revenue. On growth, Opendoor Technologies Inc. posted the faster year-over-year revenue change (194.1% vs 87.0%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs -30.2%).

Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and re-lists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.

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.

OPEN vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.7× larger
TER
$1.3B
$736.0M
OPEN
Growing faster (revenue YoY)
OPEN
OPEN
+107.1% gap
OPEN
194.1%
87.0%
TER
Higher net margin
TER
TER
180.0% more per $
TER
31.1%
-148.9%
OPEN
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
-30.2%
OPEN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OPEN
OPEN
TER
TER
Revenue
$736.0M
$1.3B
Net Profit
$-1.1B
$398.9M
Gross Margin
7.7%
60.9%
Operating Margin
71.9%
36.9%
Net Margin
-148.9%
31.1%
Revenue YoY
194.1%
87.0%
Net Profit YoY
-869.9%
EPS (diluted)
$-1.26
$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
OPEN
OPEN
TER
TER
Q1 26
$736.0M
$1.3B
Q4 25
$736.0M
$1.1B
Q3 25
$915.0M
$769.2M
Q2 25
$1.6B
$651.8M
Q1 25
$1.2B
$685.7M
Q4 24
$1.1B
$752.9M
Q3 24
$1.4B
$737.3M
Q2 24
$1.5B
$729.9M
Net Profit
OPEN
OPEN
TER
TER
Q1 26
$-1.1B
$398.9M
Q4 25
$-1.1B
$257.2M
Q3 25
$-90.0M
$119.6M
Q2 25
$-29.0M
$78.4M
Q1 25
$-85.0M
$98.9M
Q4 24
$-113.0M
$146.3M
Q3 24
$-78.0M
$145.6M
Q2 24
$-92.0M
$186.3M
Gross Margin
OPEN
OPEN
TER
TER
Q1 26
7.7%
60.9%
Q4 25
7.7%
57.2%
Q3 25
7.2%
58.4%
Q2 25
8.2%
57.2%
Q1 25
8.6%
60.6%
Q4 24
7.8%
59.4%
Q3 24
7.6%
59.2%
Q2 24
8.5%
58.3%
Operating Margin
OPEN
OPEN
TER
TER
Q1 26
71.9%
36.9%
Q4 25
-20.4%
27.1%
Q3 25
-7.4%
18.9%
Q2 25
-0.8%
13.9%
Q1 25
-4.9%
17.6%
Q4 24
-8.7%
20.4%
Q3 24
-4.9%
20.6%
Q2 24
-4.8%
28.8%
Net Margin
OPEN
OPEN
TER
TER
Q1 26
-148.9%
31.1%
Q4 25
-148.9%
23.7%
Q3 25
-9.8%
15.5%
Q2 25
-1.9%
12.0%
Q1 25
-7.4%
14.4%
Q4 24
-10.4%
19.4%
Q3 24
-5.7%
19.8%
Q2 24
-6.1%
25.5%
EPS (diluted)
OPEN
OPEN
TER
TER
Q1 26
$-1.26
$2.53
Q4 25
$-1.42
$1.62
Q3 25
$-0.12
$0.75
Q2 25
$-0.04
$0.49
Q1 25
$-0.12
$0.61
Q4 24
$-0.16
$0.89
Q3 24
$-0.11
$0.89
Q2 24
$-0.13
$1.14

Balance Sheet & Financial Strength

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

Metric
OPEN
OPEN
TER
TER
Cash + ST InvestmentsLiquidity on hand
$962.0M
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$1.0B
Total Assets
$2.4B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPEN
OPEN
TER
TER
Q1 26
$962.0M
$241.9M
Q4 25
$962.0M
$293.8M
Q3 25
$962.0M
$272.7M
Q2 25
$789.0M
$339.3M
Q1 25
$559.0M
$475.6M
Q4 24
$679.0M
$553.4M
Q3 24
$837.0M
$510.0M
Q2 24
$809.0M
$421.9M
Total Debt
OPEN
OPEN
TER
TER
Q1 26
$0
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
OPEN
OPEN
TER
TER
Q1 26
$1.0B
Q4 25
$1.0B
$2.8B
Q3 25
$811.0M
$2.7B
Q2 25
$631.0M
$2.8B
Q1 25
$645.0M
$2.8B
Q4 24
$713.0M
$2.8B
Q3 24
$801.0M
$2.9B
Q2 24
$845.0M
$2.7B
Total Assets
OPEN
OPEN
TER
TER
Q1 26
$2.4B
$4.4B
Q4 25
$2.4B
$4.2B
Q3 25
$2.7B
$4.0B
Q2 25
$2.9B
$3.8B
Q1 25
$3.3B
$3.7B
Q4 24
$3.1B
$3.7B
Q3 24
$3.4B
$3.8B
Q2 24
$3.4B
$3.6B

Cash Flow & Capital Efficiency

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

Metric
OPEN
OPEN
TER
TER
Operating Cash FlowLast quarter
$265.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPEN
OPEN
TER
TER
Q1 26
$265.1M
Q4 25
$70.0M
$281.6M
Q3 25
$435.0M
$49.0M
Q2 25
$823.0M
$182.1M
Q1 25
$-279.0M
$161.6M
Q4 24
$-80.0M
$282.6M
Q3 24
$62.0M
$166.3M
Q2 24
$-399.0M
$216.1M
Free Cash Flow
OPEN
OPEN
TER
TER
Q1 26
Q4 25
$67.0M
$218.8M
Q3 25
$432.0M
$2.4M
Q2 25
$821.0M
$131.7M
Q1 25
$-283.0M
$97.6M
Q4 24
$-83.0M
$225.2M
Q3 24
$56.0M
$114.4M
Q2 24
$-407.0M
$171.2M
FCF Margin
OPEN
OPEN
TER
TER
Q1 26
Q4 25
9.1%
20.2%
Q3 25
47.2%
0.3%
Q2 25
52.4%
20.2%
Q1 25
-24.5%
14.2%
Q4 24
-7.7%
29.9%
Q3 24
4.1%
15.5%
Q2 24
-26.9%
23.5%
Capex Intensity
OPEN
OPEN
TER
TER
Q1 26
Q4 25
0.4%
5.8%
Q3 25
0.3%
6.1%
Q2 25
0.1%
7.7%
Q1 25
0.3%
9.3%
Q4 24
0.3%
7.6%
Q3 24
0.4%
7.0%
Q2 24
0.5%
6.1%
Cash Conversion
OPEN
OPEN
TER
TER
Q1 26
0.66×
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×

Financial Flow Comparison

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

Related Comparisons