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Side-by-side financial comparison of PROG Holdings, Inc. (PRG) 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 $651.6M, roughly 2.0× PROG Holdings, Inc.). Teradyne runs the higher net margin — 31.1% vs 5.5%, a 25.6% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs 87.0%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 4.9%).

PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.

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.

PRG vs TER — Head-to-Head

Bigger by revenue
TER
TER
2.0× larger
TER
$1.3B
$651.6M
PRG
Growing faster (revenue YoY)
PRG
PRG
+370.1% gap
PRG
457.1%
87.0%
TER
Higher net margin
TER
TER
25.6% more per $
TER
31.1%
5.5%
PRG
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
4.9%
PRG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PRG
PRG
TER
TER
Revenue
$651.6M
$1.3B
Net Profit
$36.1M
$398.9M
Gross Margin
60.9%
Operating Margin
10.0%
36.9%
Net Margin
5.5%
31.1%
Revenue YoY
457.1%
87.0%
Net Profit YoY
3.8%
EPS (diluted)
$3.68
$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
PRG
PRG
TER
TER
Q1 26
$651.6M
$1.3B
Q4 25
$525.4M
$1.1B
Q3 25
$595.1M
$769.2M
Q2 25
$604.7M
$651.8M
Q1 25
$684.1M
$685.7M
Q4 24
$558.9M
$752.9M
Q3 24
$606.1M
$737.3M
Q2 24
$592.2M
$729.9M
Net Profit
PRG
PRG
TER
TER
Q1 26
$36.1M
$398.9M
Q4 25
$40.5M
$257.2M
Q3 25
$33.1M
$119.6M
Q2 25
$38.5M
$78.4M
Q1 25
$34.7M
$98.9M
Q4 24
$57.5M
$146.3M
Q3 24
$84.0M
$145.6M
Q2 24
$33.8M
$186.3M
Gross Margin
PRG
PRG
TER
TER
Q1 26
60.9%
Q4 25
57.2%
Q3 25
58.4%
Q2 25
57.2%
Q1 25
60.6%
Q4 24
59.4%
Q3 24
59.2%
Q2 24
58.3%
Operating Margin
PRG
PRG
TER
TER
Q1 26
10.0%
36.9%
Q4 25
6.9%
27.1%
Q3 25
9.0%
18.9%
Q2 25
10.0%
13.9%
Q1 25
8.2%
17.6%
Q4 24
8.9%
20.4%
Q3 24
8.1%
20.6%
Q2 24
9.4%
28.8%
Net Margin
PRG
PRG
TER
TER
Q1 26
5.5%
31.1%
Q4 25
7.7%
23.7%
Q3 25
5.6%
15.5%
Q2 25
6.4%
12.0%
Q1 25
5.1%
14.4%
Q4 24
10.3%
19.4%
Q3 24
13.9%
19.8%
Q2 24
5.7%
25.5%
EPS (diluted)
PRG
PRG
TER
TER
Q1 26
$3.68
$2.53
Q4 25
$0.99
$1.62
Q3 25
$0.82
$0.75
Q2 25
$0.95
$0.49
Q1 25
$0.83
$0.61
Q4 24
$1.33
$0.89
Q3 24
$1.94
$0.89
Q2 24
$0.77
$1.14

Balance Sheet & Financial Strength

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

Metric
PRG
PRG
TER
TER
Cash + ST InvestmentsLiquidity on hand
$69.4M
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$774.4M
Total Assets
$2.0B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRG
PRG
TER
TER
Q1 26
$69.4M
$241.9M
Q4 25
$308.8M
$293.8M
Q3 25
$292.6M
$272.7M
Q2 25
$222.0M
$339.3M
Q1 25
$213.3M
$475.6M
Q4 24
$90.9M
$553.4M
Q3 24
$221.7M
$510.0M
Q2 24
$250.1M
$421.9M
Total Debt
PRG
PRG
TER
TER
Q1 26
$0
Q4 25
$594.9M
Q3 25
Q2 25
Q1 25
Q4 24
$643.6M
Q3 24
Q2 24
Stockholders' Equity
PRG
PRG
TER
TER
Q1 26
$774.4M
Q4 25
$746.4M
$2.8B
Q3 25
$703.6M
$2.7B
Q2 25
$668.7M
$2.8B
Q1 25
$654.4M
$2.8B
Q4 24
$650.3M
$2.8B
Q3 24
$630.8M
$2.9B
Q2 24
$581.9M
$2.7B
Total Assets
PRG
PRG
TER
TER
Q1 26
$2.0B
$4.4B
Q4 25
$1.6B
$4.2B
Q3 25
$1.5B
$4.0B
Q2 25
$1.5B
$3.8B
Q1 25
$1.5B
$3.7B
Q4 24
$1.5B
$3.7B
Q3 24
$1.4B
$3.8B
Q2 24
$1.5B
$3.6B
Debt / Equity
PRG
PRG
TER
TER
Q1 26
Q4 25
0.80×
Q3 25
Q2 25
Q1 25
Q4 24
0.99×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
PRG
PRG
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
PRG
PRG
TER
TER
Q1 26
$265.1M
Q4 25
$-54.9M
$281.6M
Q3 25
$110.0M
$49.0M
Q2 25
$69.9M
$182.1M
Q1 25
$209.9M
$161.6M
Q4 24
$-84.5M
$282.6M
Q3 24
$31.9M
$166.3M
Q2 24
$55.4M
$216.1M
Free Cash Flow
PRG
PRG
TER
TER
Q1 26
Q4 25
$-57.5M
$218.8M
Q3 25
$106.5M
$2.4M
Q2 25
$68.0M
$131.7M
Q1 25
$208.0M
$97.6M
Q4 24
$-86.8M
$225.2M
Q3 24
$29.8M
$114.4M
Q2 24
$53.5M
$171.2M
FCF Margin
PRG
PRG
TER
TER
Q1 26
Q4 25
-10.9%
20.2%
Q3 25
17.9%
0.3%
Q2 25
11.2%
20.2%
Q1 25
30.4%
14.2%
Q4 24
-15.5%
29.9%
Q3 24
4.9%
15.5%
Q2 24
9.0%
23.5%
Capex Intensity
PRG
PRG
TER
TER
Q1 26
Q4 25
0.5%
5.8%
Q3 25
0.6%
6.1%
Q2 25
0.3%
7.7%
Q1 25
0.3%
9.3%
Q4 24
0.4%
7.6%
Q3 24
0.3%
7.0%
Q2 24
0.3%
6.1%
Cash Conversion
PRG
PRG
TER
TER
Q1 26
0.66×
Q4 25
-1.36×
1.09×
Q3 25
3.32×
0.41×
Q2 25
1.82×
2.32×
Q1 25
6.05×
1.63×
Q4 24
-1.47×
1.93×
Q3 24
0.38×
1.14×
Q2 24
1.64×
1.16×

Financial Flow Comparison

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

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