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Side-by-side financial comparison of StoneX Group Inc. (SNEX) 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 1.1× StoneX Group Inc.). Teradyne runs the higher net margin — 31.1% vs 11.6%, a 19.5% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 81.0%). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% CAGR vs 32.6%).

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

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.

SNEX vs TER — Head-to-Head

Bigger by revenue
TER
TER
1.1× larger
TER
$1.3B
$1.2B
SNEX
Growing faster (revenue YoY)
TER
TER
+6.0% gap
TER
87.0%
81.0%
SNEX
Higher net margin
TER
TER
19.5% more per $
TER
31.1%
11.6%
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
32.6%
TER

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SNEX
SNEX
TER
TER
Revenue
$1.2B
$1.3B
Net Profit
$139.0M
$398.9M
Gross Margin
60.9%
Operating Margin
15.4%
36.9%
Net Margin
11.6%
31.1%
Revenue YoY
81.0%
87.0%
Net Profit YoY
63.3%
EPS (diluted)
$2.50
$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
SNEX
SNEX
TER
TER
Q1 26
$1.3B
Q4 25
$1.2B
$1.1B
Q3 25
$32.7B
$769.2M
Q2 25
$851.2M
$651.8M
Q1 25
$820.4M
$685.7M
Q4 24
$663.1M
$752.9M
Q3 24
$31.1B
$737.3M
Q2 24
$571.8M
$729.9M
Net Profit
SNEX
SNEX
TER
TER
Q1 26
$398.9M
Q4 25
$139.0M
$257.2M
Q3 25
$85.7M
$119.6M
Q2 25
$63.4M
$78.4M
Q1 25
$71.7M
$98.9M
Q4 24
$85.1M
$146.3M
Q3 24
$76.7M
$145.6M
Q2 24
$61.9M
$186.3M
Gross Margin
SNEX
SNEX
TER
TER
Q1 26
60.9%
Q4 25
57.2%
Q3 25
3.7%
58.4%
Q2 25
57.2%
Q1 25
60.6%
Q4 24
59.4%
Q3 24
3.0%
59.2%
Q2 24
58.3%
Operating Margin
SNEX
SNEX
TER
TER
Q1 26
36.9%
Q4 25
15.4%
27.1%
Q3 25
0.3%
18.9%
Q2 25
-1.3%
13.9%
Q1 25
-1.0%
17.6%
Q4 24
-3.2%
20.4%
Q3 24
-0.0%
20.6%
Q2 24
-4.7%
28.8%
Net Margin
SNEX
SNEX
TER
TER
Q1 26
31.1%
Q4 25
11.6%
23.7%
Q3 25
0.3%
15.5%
Q2 25
7.4%
12.0%
Q1 25
8.7%
14.4%
Q4 24
12.8%
19.4%
Q3 24
0.2%
19.8%
Q2 24
10.8%
25.5%
EPS (diluted)
SNEX
SNEX
TER
TER
Q1 26
$2.53
Q4 25
$2.50
$1.62
Q3 25
$0.72
$0.75
Q2 25
$1.22
$0.49
Q1 25
$1.41
$0.61
Q4 24
$1.69
$0.89
Q3 24
$2.32
$0.89
Q2 24
$1.25
$1.14

Balance Sheet & Financial Strength

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

Metric
SNEX
SNEX
TER
TER
Cash + ST InvestmentsLiquidity on hand
$1.6B
$241.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$2.5B
Total Assets
$47.8B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNEX
SNEX
TER
TER
Q1 26
$241.9M
Q4 25
$1.6B
$293.8M
Q3 25
$1.6B
$272.7M
Q2 25
$1.3B
$339.3M
Q1 25
$1.3B
$475.6M
Q4 24
$1.4B
$553.4M
Q3 24
$1.3B
$510.0M
Q2 24
$1.2B
$421.9M
Total Debt
SNEX
SNEX
TER
TER
Q1 26
$0
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
SNEX
SNEX
TER
TER
Q1 26
Q4 25
$2.5B
$2.8B
Q3 25
$2.4B
$2.7B
Q2 25
$2.0B
$2.8B
Q1 25
$1.9B
$2.8B
Q4 24
$1.8B
$2.8B
Q3 24
$1.7B
$2.9B
Q2 24
$1.6B
$2.7B
Total Assets
SNEX
SNEX
TER
TER
Q1 26
$4.4B
Q4 25
$47.8B
$4.2B
Q3 25
$45.3B
$4.0B
Q2 25
$34.3B
$3.8B
Q1 25
$31.3B
$3.7B
Q4 24
$29.6B
$3.7B
Q3 24
$27.5B
$3.8B
Q2 24
$25.9B
$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
SNEX
SNEX
TER
TER
Operating Cash FlowLast quarter
$-1.3B
$265.1M
Free Cash FlowOCF − Capex
$-1.3B
FCF MarginFCF / Revenue
-106.4%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
-9.08×
0.66×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNEX
SNEX
TER
TER
Q1 26
$265.1M
Q4 25
$-1.3B
$281.6M
Q3 25
$3.5B
$49.0M
Q2 25
$1.5B
$182.1M
Q1 25
$-154.5M
$161.6M
Q4 24
$-477.8M
$282.6M
Q3 24
$192.6M
$166.3M
Q2 24
$-622.1M
$216.1M
Free Cash Flow
SNEX
SNEX
TER
TER
Q1 26
Q4 25
$-1.3B
$218.8M
Q3 25
$3.5B
$2.4M
Q2 25
$1.5B
$131.7M
Q1 25
$-169.8M
$97.6M
Q4 24
$-491.4M
$225.2M
Q3 24
$175.9M
$114.4M
Q2 24
$-640.5M
$171.2M
FCF Margin
SNEX
SNEX
TER
TER
Q1 26
Q4 25
-106.4%
20.2%
Q3 25
10.7%
0.3%
Q2 25
173.3%
20.2%
Q1 25
-20.7%
14.2%
Q4 24
-74.1%
29.9%
Q3 24
0.6%
15.5%
Q2 24
-112.0%
23.5%
Capex Intensity
SNEX
SNEX
TER
TER
Q1 26
Q4 25
1.3%
5.8%
Q3 25
0.1%
6.1%
Q2 25
1.9%
7.7%
Q1 25
1.9%
9.3%
Q4 24
2.1%
7.6%
Q3 24
0.1%
7.0%
Q2 24
3.2%
6.1%
Cash Conversion
SNEX
SNEX
TER
TER
Q1 26
0.66×
Q4 25
-9.08×
1.09×
Q3 25
41.18×
0.41×
Q2 25
23.52×
2.32×
Q1 25
-2.15×
1.63×
Q4 24
-5.61×
1.93×
Q3 24
2.51×
1.14×
Q2 24
-10.05×
1.16×

Financial Flow Comparison

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

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