vs

Side-by-side financial comparison of SM Energy Co (SM) and Teradyne (TER). Click either name above to swap in a different company.

Teradyne is the larger business by last-quarter revenue ($1.1B vs $704.9M, roughly 1.5× SM Energy Co). On growth, Teradyne posted the faster year-over-year revenue change (43.9% vs -17.3%). Over the past eight quarters, Teradyne's revenue compounded faster (34.4% CAGR vs 12.2%).

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

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.

SM vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.5× larger
TER
$1.1B
$704.9M
SM
Growing faster (revenue YoY)
TER
TER
+61.2% gap
TER
43.9%
-17.3%
SM
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
34.4%
12.2%
SM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SM
SM
TER
TER
Revenue
$704.9M
$1.1B
Net Profit
$257.2M
Gross Margin
57.2%
Operating Margin
25.9%
27.1%
Net Margin
23.7%
Revenue YoY
-17.3%
43.9%
Net Profit YoY
75.9%
EPS (diluted)
$0.94
$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
SM
SM
TER
TER
Q4 25
$704.9M
$1.1B
Q3 25
$811.6M
$769.2M
Q2 25
$792.9M
$651.8M
Q1 25
$844.5M
$685.7M
Q4 24
$852.0M
$752.9M
Q3 24
$643.6M
$737.3M
Q2 24
$634.6M
$729.9M
Q1 24
$559.9M
$599.8M
Net Profit
SM
SM
TER
TER
Q4 25
$257.2M
Q3 25
$155.1M
$119.6M
Q2 25
$201.7M
$78.4M
Q1 25
$182.3M
$98.9M
Q4 24
$146.3M
Q3 24
$240.5M
$145.6M
Q2 24
$210.3M
$186.3M
Q1 24
$131.2M
$64.2M
Gross Margin
SM
SM
TER
TER
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%
Q1 24
56.6%
Operating Margin
SM
SM
TER
TER
Q4 25
25.9%
27.1%
Q3 25
30.4%
18.9%
Q2 25
37.2%
13.9%
Q1 25
32.7%
17.6%
Q4 24
33.7%
20.4%
Q3 24
51.4%
20.6%
Q2 24
44.0%
28.8%
Q1 24
31.9%
13.0%
Net Margin
SM
SM
TER
TER
Q4 25
23.7%
Q3 25
19.1%
15.5%
Q2 25
25.4%
12.0%
Q1 25
21.6%
14.4%
Q4 24
19.4%
Q3 24
37.4%
19.8%
Q2 24
33.1%
25.5%
Q1 24
23.4%
10.7%
EPS (diluted)
SM
SM
TER
TER
Q4 25
$0.94
$1.62
Q3 25
$1.35
$0.75
Q2 25
$1.76
$0.49
Q1 25
$1.59
$0.61
Q4 24
$1.63
$0.89
Q3 24
$2.09
$0.89
Q2 24
$1.82
$1.14
Q1 24
$1.13
$0.40

Balance Sheet & Financial Strength

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

Metric
SM
SM
TER
TER
Cash + ST InvestmentsLiquidity on hand
$368.0M
$293.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8B
$2.8B
Total Assets
$9.3B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SM
SM
TER
TER
Q4 25
$368.0M
$293.8M
Q3 25
$162.3M
$272.7M
Q2 25
$101.9M
$339.3M
Q1 25
$54.0K
$475.6M
Q4 24
$553.4M
Q3 24
$1.7B
$510.0M
Q2 24
$487.9M
$421.9M
Q1 24
$506.3M
$707.4M
Stockholders' Equity
SM
SM
TER
TER
Q4 25
$4.8B
$2.8B
Q3 25
$4.7B
$2.7B
Q2 25
$4.6B
$2.8B
Q1 25
$4.4B
$2.8B
Q4 24
$4.2B
$2.8B
Q3 24
$4.1B
$2.9B
Q2 24
$3.8B
$2.7B
Q1 24
$3.7B
$2.6B
Total Assets
SM
SM
TER
TER
Q4 25
$9.3B
$4.2B
Q3 25
$9.1B
$4.0B
Q2 25
$9.0B
$3.8B
Q1 25
$8.8B
$3.7B
Q4 24
$8.6B
$3.7B
Q3 24
$8.0B
$3.8B
Q2 24
$6.7B
$3.6B
Q1 24
$6.4B
$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
SM
SM
TER
TER
Operating Cash FlowLast quarter
$451.9M
$281.6M
Free Cash FlowOCF − Capex
$218.8M
FCF MarginFCF / Revenue
20.2%
Capex IntensityCapex / Revenue
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
SM
SM
TER
TER
Q4 25
$451.9M
$281.6M
Q3 25
$505.0M
$49.0M
Q2 25
$571.1M
$182.1M
Q1 25
$483.0M
$161.6M
Q4 24
$578.4M
$282.6M
Q3 24
$452.3M
$166.3M
Q2 24
$476.4M
$216.1M
Q1 24
$276.0M
$7.3M
Free Cash Flow
SM
SM
TER
TER
Q4 25
$218.8M
Q3 25
$2.4M
Q2 25
$131.7M
Q1 25
$97.6M
Q4 24
$225.2M
Q3 24
$114.4M
Q2 24
$171.2M
Q1 24
$-36.7M
FCF Margin
SM
SM
TER
TER
Q4 25
20.2%
Q3 25
0.3%
Q2 25
20.2%
Q1 25
14.2%
Q4 24
29.9%
Q3 24
15.5%
Q2 24
23.5%
Q1 24
-6.1%
Capex Intensity
SM
SM
TER
TER
Q4 25
5.8%
Q3 25
6.1%
Q2 25
7.7%
Q1 25
9.3%
Q4 24
7.6%
Q3 24
7.0%
Q2 24
6.1%
Q1 24
7.3%
Cash Conversion
SM
SM
TER
TER
Q4 25
1.09×
Q3 25
3.26×
0.41×
Q2 25
2.83×
2.32×
Q1 25
2.65×
1.63×
Q4 24
1.93×
Q3 24
1.88×
1.14×
Q2 24
2.27×
1.16×
Q1 24
2.10×
0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SM
SM

Segment breakdown not available.

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%

Related Comparisons