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Side-by-side financial comparison of Teradyne (TER) and UGI CORP (UGI). Click either name above to swap in a different company.
UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× Teradyne). Teradyne runs the higher net margin — 23.7% vs 14.4%, a 9.4% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (43.9% vs 3.9%). Teradyne produced more free cash flow last quarter ($218.8M vs $-155.0M). Over the past eight quarters, Teradyne's revenue compounded faster (34.4% CAGR vs -7.5%).
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.
UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.
TER vs UGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $2.1B |
| Net Profit | $257.2M | $297.0M |
| Gross Margin | 57.2% | — |
| Operating Margin | 27.1% | 22.0% |
| Net Margin | 23.7% | 14.4% |
| Revenue YoY | 43.9% | 3.9% |
| Net Profit YoY | 75.9% | -20.8% |
| EPS (diluted) | $1.62 | $1.34 |
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.
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $769.2M | $1.2B | ||
| Q2 25 | $651.8M | $1.4B | ||
| Q1 25 | $685.7M | $2.6B | ||
| Q4 24 | $752.9M | $2.0B | ||
| Q3 24 | $737.3M | $1.2B | ||
| Q2 24 | $729.9M | $1.4B | ||
| Q1 24 | $599.8M | $2.4B |
| Q4 25 | $257.2M | $297.0M | ||
| Q3 25 | $119.6M | $-13.0M | ||
| Q2 25 | $78.4M | $-163.0M | ||
| Q1 25 | $98.9M | $479.0M | ||
| Q4 24 | $146.3M | $375.0M | ||
| Q3 24 | $145.6M | $-273.0M | ||
| Q2 24 | $186.3M | $-48.0M | ||
| Q1 24 | $64.2M | $496.0M |
| 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% | — |
| Q4 25 | 27.1% | 22.0% | ||
| Q3 25 | 18.9% | 1.1% | ||
| Q2 25 | 13.9% | -6.8% | ||
| Q1 25 | 17.6% | 26.6% | ||
| Q4 24 | 20.4% | 24.5% | ||
| Q3 24 | 20.6% | -20.4% | ||
| Q2 24 | 28.8% | 5.0% | ||
| Q1 24 | 13.0% | 29.7% |
| Q4 25 | 23.7% | 14.4% | ||
| Q3 25 | 15.5% | -1.1% | ||
| Q2 25 | 12.0% | -12.0% | ||
| Q1 25 | 14.4% | 18.2% | ||
| Q4 24 | 19.4% | 18.9% | ||
| Q3 24 | 19.8% | -22.6% | ||
| Q2 24 | 25.5% | -3.6% | ||
| Q1 24 | 10.7% | 20.6% |
| Q4 25 | $1.62 | $1.34 | ||
| Q3 25 | $0.75 | $-0.08 | ||
| Q2 25 | $0.49 | $-0.76 | ||
| Q1 25 | $0.61 | $2.19 | ||
| Q4 24 | $0.89 | $1.74 | ||
| Q3 24 | $0.89 | $-1.26 | ||
| Q2 24 | $1.14 | $-0.23 | ||
| Q1 24 | $0.40 | $2.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $293.8M | $251.0M |
| Total DebtLower is stronger | — | $6.0B |
| Stockholders' EquityBook value | $2.8B | $5.0B |
| Total Assets | $4.2B | $15.8B |
| Debt / EquityLower = less leverage | — | 1.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $293.8M | $251.0M | ||
| Q3 25 | $272.7M | $335.0M | ||
| Q2 25 | $339.3M | $350.0M | ||
| Q1 25 | $475.6M | $426.0M | ||
| Q4 24 | $553.4M | $240.0M | ||
| Q3 24 | $510.0M | $213.0M | ||
| Q2 24 | $421.9M | $183.0M | ||
| Q1 24 | $707.4M | $263.0M |
| Q4 25 | — | $6.0B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $5.7B | ||
| Q1 25 | — | $6.6B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.3B | ||
| Q1 24 | — | $6.7B |
| Q4 25 | $2.8B | $5.0B | ||
| Q3 25 | $2.7B | $4.8B | ||
| Q2 25 | $2.8B | $4.9B | ||
| Q1 25 | $2.8B | $5.0B | ||
| Q4 24 | $2.8B | $4.6B | ||
| Q3 24 | $2.9B | $4.3B | ||
| Q2 24 | $2.7B | $4.7B | ||
| Q1 24 | $2.6B | $4.8B |
| Q4 25 | $4.2B | $15.8B | ||
| Q3 25 | $4.0B | $15.5B | ||
| Q2 25 | $3.8B | $15.4B | ||
| Q1 25 | $3.7B | $15.7B | ||
| Q4 24 | $3.7B | $15.4B | ||
| Q3 24 | $3.8B | $15.1B | ||
| Q2 24 | $3.6B | $15.1B | ||
| Q1 24 | $3.4B | $15.6B |
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.34× | ||
| Q1 24 | — | 1.40× |
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 | $281.6M | $66.0M |
| Free Cash FlowOCF − Capex | $218.8M | $-155.0M |
| FCF MarginFCF / Revenue | 20.2% | -7.5% |
| Capex IntensityCapex / Revenue | 5.8% | 10.7% |
| Cash ConversionOCF / Net Profit | 1.09× | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $450.4M | $282.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $281.6M | $66.0M | ||
| Q3 25 | $49.0M | $90.0M | ||
| Q2 25 | $182.1M | $289.0M | ||
| Q1 25 | $161.6M | $684.0M | ||
| Q4 24 | $282.6M | $164.0M | ||
| Q3 24 | $166.3M | $151.0M | ||
| Q2 24 | $216.1M | $390.0M | ||
| Q1 24 | $7.3M | $522.0M |
| Q4 25 | $218.8M | $-155.0M | ||
| Q3 25 | $2.4M | $-168.0M | ||
| Q2 25 | $131.7M | $67.0M | ||
| Q1 25 | $97.6M | $538.0M | ||
| Q4 24 | $225.2M | $-47.0M | ||
| Q3 24 | $114.4M | $-115.0M | ||
| Q2 24 | $171.2M | $185.0M | ||
| Q1 24 | $-36.7M | $353.0M |
| Q4 25 | 20.2% | -7.5% | ||
| Q3 25 | 0.3% | -14.4% | ||
| Q2 25 | 20.2% | 4.9% | ||
| Q1 25 | 14.2% | 20.4% | ||
| Q4 24 | 29.9% | -2.4% | ||
| Q3 24 | 15.5% | -9.5% | ||
| Q2 24 | 23.5% | 13.7% | ||
| Q1 24 | -6.1% | 14.6% |
| Q4 25 | 5.8% | 10.7% | ||
| Q3 25 | 6.1% | 22.1% | ||
| Q2 25 | 7.7% | 16.3% | ||
| Q1 25 | 9.3% | 5.5% | ||
| Q4 24 | 7.6% | 10.6% | ||
| Q3 24 | 7.0% | 22.0% | ||
| Q2 24 | 6.1% | 15.2% | ||
| Q1 24 | 7.3% | 7.0% |
| Q4 25 | 1.09× | 0.22× | ||
| Q3 25 | 0.41× | — | ||
| Q2 25 | 2.32× | — | ||
| Q1 25 | 1.63× | 1.43× | ||
| Q4 24 | 1.93× | 0.44× | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.16× | — | ||
| Q1 24 | 0.11× | 1.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
UGI
Segment breakdown not available.
