vs

Side-by-side financial comparison of Teradyne (TER) and TFI International Inc. (TFII). Click either name above to swap in a different company.

Teradyne is the larger business by last-quarter revenue ($1.1B vs $921.9M, roughly 1.2× TFI International Inc.).

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.

TFI International Inc. is a Canadian transport and logistics company based in Saint-Laurent, Quebec, a borough of Montreal. It operates primarily in Canada, the United States, and Mexico through 4 business segments: less than truckload (LTL), package and courier, logistics, and truckload. It has Canada's largest LTL business, largest trucking fleet, and in 2021 was ranked 6th in terms of revenue among both LTL and truckload North American carriers. Its trucking fleet consists of over 14,000 c...

TER vs TFII — Head-to-Head

Bigger by revenue
TER
TER
1.2× larger
TER
$1.1B
$921.9M
TFII

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
TER
TER
TFII
TFII
Revenue
$1.1B
$921.9M
Net Profit
$257.2M
Gross Margin
57.2%
Operating Margin
27.1%
8.4%
Net Margin
23.7%
Revenue YoY
43.9%
Net Profit YoY
75.9%
EPS (diluted)
$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
TER
TER
TFII
TFII
Q4 25
$1.1B
Q3 25
$769.2M
$921.9M
Q2 25
$651.8M
$2.0B
Q1 25
$685.7M
$2.0B
Q4 24
$752.9M
Q3 24
$737.3M
$1.0B
Q2 24
$729.9M
$2.3B
Q1 24
$599.8M
$1.9B
Net Profit
TER
TER
TFII
TFII
Q4 25
$257.2M
Q3 25
$119.6M
Q2 25
$78.4M
$98.2M
Q1 25
$98.9M
$56.0M
Q4 24
$146.3M
Q3 24
$145.6M
Q2 24
$186.3M
$117.8M
Q1 24
$64.2M
$92.8M
Gross Margin
TER
TER
TFII
TFII
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
TER
TER
TFII
TFII
Q4 25
27.1%
Q3 25
18.9%
8.4%
Q2 25
13.9%
8.4%
Q1 25
17.6%
5.8%
Q4 24
20.4%
Q3 24
20.6%
9.5%
Q2 24
28.8%
9.2%
Q1 24
13.0%
8.1%
Net Margin
TER
TER
TFII
TFII
Q4 25
23.7%
Q3 25
15.5%
Q2 25
12.0%
4.8%
Q1 25
14.4%
2.9%
Q4 24
19.4%
Q3 24
19.8%
Q2 24
25.5%
5.2%
Q1 24
10.7%
5.0%
EPS (diluted)
TER
TER
TFII
TFII
Q4 25
$1.62
Q3 25
$0.75
Q2 25
$0.49
Q1 25
$0.61
Q4 24
$0.89
Q3 24
$0.89
Q2 24
$1.14
Q1 24
$0.40

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TER
TER
TFII
TFII
Q4 25
$293.8M
Q3 25
$272.7M
Q2 25
$339.3M
Q1 25
$475.6M
Q4 24
$553.4M
Q3 24
$510.0M
Q2 24
$421.9M
Q1 24
$707.4M
Stockholders' Equity
TER
TER
TFII
TFII
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.7B
Q1 24
$2.6B
Total Assets
TER
TER
TFII
TFII
Q4 25
$4.2B
Q3 25
$4.0B
Q2 25
$3.8B
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$3.8B
Q2 24
$3.6B
Q1 24
$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
TER
TER
TFII
TFII
Operating Cash FlowLast quarter
$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
TER
TER
TFII
TFII
Q4 25
$281.6M
Q3 25
$49.0M
Q2 25
$182.1M
Q1 25
$161.6M
Q4 24
$282.6M
Q3 24
$166.3M
Q2 24
$216.1M
Q1 24
$7.3M
Free Cash Flow
TER
TER
TFII
TFII
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
TER
TER
TFII
TFII
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
TER
TER
TFII
TFII
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
TER
TER
TFII
TFII
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×
Q1 24
0.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

TFII
TFII

Segment breakdown not available.

Related Comparisons