vs
Side-by-side financial comparison of Snap-on (SNA) 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 $1.2B, roughly 1.0× Snap-on). Teradyne runs the higher net margin — 31.1% vs 21.3%, a 9.8% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 2.7%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 2.0%).
Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.
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.
SNA vs TER — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.3B |
| Net Profit | $260.7M | $398.9M |
| Gross Margin | — | 60.9% |
| Operating Margin | 27.8% | 36.9% |
| Net Margin | 21.3% | 31.1% |
| Revenue YoY | 2.7% | 87.0% |
| Net Profit YoY | 1.0% | — |
| EPS (diluted) | $4.94 | $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.
| Q1 26 | — | $1.3B | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.2B | $769.2M | ||
| Q2 25 | $1.2B | $651.8M | ||
| Q1 25 | $1.1B | $685.7M | ||
| Q4 24 | $1.2B | $752.9M | ||
| Q3 24 | $1.1B | $737.3M | ||
| Q2 24 | $1.2B | $729.9M |
| Q1 26 | — | $398.9M | ||
| Q4 25 | $260.7M | $257.2M | ||
| Q3 25 | $265.4M | $119.6M | ||
| Q2 25 | $250.3M | $78.4M | ||
| Q1 25 | $240.5M | $98.9M | ||
| Q4 24 | $258.1M | $146.3M | ||
| Q3 24 | $251.1M | $145.6M | ||
| Q2 24 | $271.2M | $186.3M |
| 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% |
| Q1 26 | — | 36.9% | ||
| Q4 25 | 27.8% | 27.1% | ||
| Q3 25 | 29.4% | 18.9% | ||
| Q2 25 | 28.0% | 13.9% | ||
| Q1 25 | 27.7% | 17.6% | ||
| Q4 24 | 27.9% | 20.4% | ||
| Q3 24 | 28.4% | 20.6% | ||
| Q2 24 | 29.9% | 28.8% |
| Q1 26 | — | 31.1% | ||
| Q4 25 | 21.3% | 23.7% | ||
| Q3 25 | 22.5% | 15.5% | ||
| Q2 25 | 21.4% | 12.0% | ||
| Q1 25 | 21.2% | 14.4% | ||
| Q4 24 | 21.7% | 19.4% | ||
| Q3 24 | 22.0% | 19.8% | ||
| Q2 24 | 23.1% | 25.5% |
| Q1 26 | — | $2.53 | ||
| Q4 25 | $4.94 | $1.62 | ||
| Q3 25 | $5.02 | $0.75 | ||
| Q2 25 | $4.72 | $0.49 | ||
| Q1 25 | $4.51 | $0.61 | ||
| Q4 24 | $4.83 | $0.89 | ||
| Q3 24 | $4.70 | $0.89 | ||
| Q2 24 | $5.07 | $1.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $241.9M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | — | — |
| Total Assets | — | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $241.9M | ||
| Q4 25 | — | $293.8M | ||
| Q3 25 | $1.5B | $272.7M | ||
| Q2 25 | $1.5B | $339.3M | ||
| Q1 25 | $1.4B | $475.6M | ||
| Q4 24 | $1.4B | $553.4M | ||
| Q3 24 | $1.3B | $510.0M | ||
| Q2 24 | $1.2B | $421.9M |
| Q1 26 | — | $0 | ||
| Q4 25 | — | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.8B | ||
| Q3 25 | $5.8B | $2.7B | ||
| Q2 25 | $5.7B | $2.8B | ||
| Q1 25 | $5.5B | $2.8B | ||
| Q4 24 | $5.4B | $2.8B | ||
| Q3 24 | $5.5B | $2.9B | ||
| Q2 24 | $5.3B | $2.7B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | — | $4.2B | ||
| Q3 25 | $8.4B | $4.0B | ||
| Q2 25 | $8.2B | $3.8B | ||
| Q1 25 | $8.1B | $3.7B | ||
| Q4 24 | $7.9B | $3.7B | ||
| Q3 24 | $8.0B | $3.8B | ||
| Q2 24 | $7.8B | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.21× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.22× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $268.1M | $265.1M |
| Free Cash FlowOCF − Capex | $254.6M | — |
| FCF MarginFCF / Revenue | 20.8% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | 1.03× | 0.66× |
| TTM Free Cash FlowTrailing 4 quarters | $1.0B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $265.1M | ||
| Q4 25 | $268.1M | $281.6M | ||
| Q3 25 | $277.9M | $49.0M | ||
| Q2 25 | $237.2M | $182.1M | ||
| Q1 25 | $298.5M | $161.6M | ||
| Q4 24 | $293.5M | $282.6M | ||
| Q3 24 | $274.2M | $166.3M | ||
| Q2 24 | $301.1M | $216.1M |
| Q1 26 | — | — | ||
| Q4 25 | $254.6M | $218.8M | ||
| Q3 25 | $258.0M | $2.4M | ||
| Q2 25 | $217.5M | $131.7M | ||
| Q1 25 | $275.6M | $97.6M | ||
| Q4 24 | $275.4M | $225.2M | ||
| Q3 24 | $253.8M | $114.4M | ||
| Q2 24 | $277.9M | $171.2M |
| Q1 26 | — | — | ||
| Q4 25 | 20.8% | 20.2% | ||
| Q3 25 | 21.8% | 0.3% | ||
| Q2 25 | 18.6% | 20.2% | ||
| Q1 25 | 24.3% | 14.2% | ||
| Q4 24 | 23.1% | 29.9% | ||
| Q3 24 | 22.3% | 15.5% | ||
| Q2 24 | 23.7% | 23.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 5.8% | ||
| Q3 25 | 1.7% | 6.1% | ||
| Q2 25 | 1.7% | 7.7% | ||
| Q1 25 | 2.0% | 9.3% | ||
| Q4 24 | 1.5% | 7.6% | ||
| Q3 24 | 1.8% | 7.0% | ||
| Q2 24 | 2.0% | 6.1% |
| Q1 26 | — | 0.66× | ||
| Q4 25 | 1.03× | 1.09× | ||
| Q3 25 | 1.05× | 0.41× | ||
| Q2 25 | 0.95× | 2.32× | ||
| Q1 25 | 1.24× | 1.63× | ||
| Q4 24 | 1.14× | 1.93× | ||
| Q3 24 | 1.09× | 1.14× | ||
| Q2 24 | 1.11× | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
