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

Teradyne is the larger business by last-quarter revenue ($1.3B vs $814.9M, roughly 1.6× Ubiquiti Inc.). Teradyne runs the higher net margin — 31.1% vs 28.7%, a 2.4% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (87.0% vs 35.8%). Over the past eight quarters, Teradyne's revenue compounded faster (32.6% CAGR vs 28.6%).

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.

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

TER vs UI — Head-to-Head

Bigger by revenue
TER
TER
1.6× larger
TER
$1.3B
$814.9M
UI
Growing faster (revenue YoY)
TER
TER
+51.2% gap
TER
87.0%
35.8%
UI
Higher net margin
TER
TER
2.4% more per $
TER
31.1%
28.7%
UI
Faster 2-yr revenue CAGR
TER
TER
Annualised
TER
32.6%
28.6%
UI

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
TER
TER
UI
UI
Revenue
$1.3B
$814.9M
Net Profit
$398.9M
$233.6M
Gross Margin
60.9%
45.9%
Operating Margin
36.9%
35.9%
Net Margin
31.1%
28.7%
Revenue YoY
87.0%
35.8%
Net Profit YoY
70.8%
EPS (diluted)
$2.53
$3.86

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
UI
UI
Q1 26
$1.3B
Q4 25
$1.1B
$814.9M
Q3 25
$769.2M
$733.8M
Q2 25
$651.8M
$759.2M
Q1 25
$685.7M
$664.2M
Q4 24
$752.9M
$599.9M
Q3 24
$737.3M
$550.3M
Q2 24
$729.9M
$507.5M
Net Profit
TER
TER
UI
UI
Q1 26
$398.9M
Q4 25
$257.2M
$233.6M
Q3 25
$119.6M
$207.9M
Q2 25
$78.4M
$266.7M
Q1 25
$98.9M
$180.4M
Q4 24
$146.3M
$136.8M
Q3 24
$145.6M
$128.0M
Q2 24
$186.3M
$103.8M
Gross Margin
TER
TER
UI
UI
Q1 26
60.9%
Q4 25
57.2%
45.9%
Q3 25
58.4%
46.0%
Q2 25
57.2%
45.1%
Q1 25
60.6%
44.5%
Q4 24
59.4%
41.2%
Q3 24
59.2%
42.1%
Q2 24
58.3%
40.2%
Operating Margin
TER
TER
UI
UI
Q1 26
36.9%
Q4 25
27.1%
35.9%
Q3 25
18.9%
35.7%
Q2 25
13.9%
34.4%
Q1 25
17.6%
34.2%
Q4 24
20.4%
29.8%
Q3 24
20.6%
30.7%
Q2 24
28.8%
27.3%
Net Margin
TER
TER
UI
UI
Q1 26
31.1%
Q4 25
23.7%
28.7%
Q3 25
15.5%
28.3%
Q2 25
12.0%
35.1%
Q1 25
14.4%
27.2%
Q4 24
19.4%
22.8%
Q3 24
19.8%
23.3%
Q2 24
25.5%
20.5%
EPS (diluted)
TER
TER
UI
UI
Q1 26
$2.53
Q4 25
$1.62
$3.86
Q3 25
$0.75
$3.43
Q2 25
$0.49
$4.40
Q1 25
$0.61
$2.98
Q4 24
$0.89
$2.26
Q3 24
$0.89
$2.12
Q2 24
$1.14
$1.72

Balance Sheet & Financial Strength

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

Metric
TER
TER
UI
UI
Cash + ST InvestmentsLiquidity on hand
$241.9M
$302.8M
Total DebtLower is stronger
$0
$47.5M
Stockholders' EquityBook value
$1.0B
Total Assets
$4.4B
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TER
TER
UI
UI
Q1 26
$241.9M
Q4 25
$293.8M
$302.8M
Q3 25
$272.7M
$177.2M
Q2 25
$339.3M
$149.7M
Q1 25
$475.6M
$151.0M
Q4 24
$553.4M
$133.1M
Q3 24
$510.0M
$165.2M
Q2 24
$421.9M
$126.3M
Total Debt
TER
TER
UI
UI
Q1 26
$0
Q4 25
$47.5M
Q3 25
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$552.5M
Q2 24
$708.1M
Stockholders' Equity
TER
TER
UI
UI
Q1 26
Q4 25
$2.8B
$1.0B
Q3 25
$2.7B
$828.4M
Q2 25
$2.8B
$668.3M
Q1 25
$2.8B
$436.1M
Q4 24
$2.8B
$290.4M
Q3 24
$2.9B
$188.1M
Q2 24
$2.7B
$95.1M
Total Assets
TER
TER
UI
UI
Q1 26
$4.4B
Q4 25
$4.2B
$1.6B
Q3 25
$4.0B
$1.5B
Q2 25
$3.8B
$1.5B
Q1 25
$3.7B
$1.3B
Q4 24
$3.7B
$1.2B
Q3 24
$3.8B
$1.2B
Q2 24
$3.6B
$1.2B
Debt / Equity
TER
TER
UI
UI
Q1 26
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
7.45×

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
UI
UI
Operating Cash FlowLast quarter
$265.1M
$263.9M
Free Cash FlowOCF − Capex
$260.3M
FCF MarginFCF / Revenue
31.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
0.66×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TER
TER
UI
UI
Q1 26
$265.1M
Q4 25
$281.6M
$263.9M
Q3 25
$49.0M
$198.5M
Q2 25
$182.1M
$130.4M
Q1 25
$161.6M
$123.6M
Q4 24
$282.6M
$152.4M
Q3 24
$166.3M
$233.7M
Q2 24
$216.1M
$231.4M
Free Cash Flow
TER
TER
UI
UI
Q1 26
Q4 25
$218.8M
$260.3M
Q3 25
$2.4M
$193.3M
Q2 25
$131.7M
$125.2M
Q1 25
$97.6M
$120.7M
Q4 24
$225.2M
$150.4M
Q3 24
$114.4M
$231.1M
Q2 24
$171.2M
$229.5M
FCF Margin
TER
TER
UI
UI
Q1 26
Q4 25
20.2%
31.9%
Q3 25
0.3%
26.3%
Q2 25
20.2%
16.5%
Q1 25
14.2%
18.2%
Q4 24
29.9%
25.1%
Q3 24
15.5%
42.0%
Q2 24
23.5%
45.2%
Capex Intensity
TER
TER
UI
UI
Q1 26
Q4 25
5.8%
0.4%
Q3 25
6.1%
0.7%
Q2 25
7.7%
0.7%
Q1 25
9.3%
0.4%
Q4 24
7.6%
0.3%
Q3 24
7.0%
0.5%
Q2 24
6.1%
0.4%
Cash Conversion
TER
TER
UI
UI
Q1 26
0.66×
Q4 25
1.09×
1.13×
Q3 25
0.41×
0.95×
Q2 25
2.32×
0.49×
Q1 25
1.63×
0.68×
Q4 24
1.93×
1.11×
Q3 24
1.14×
1.83×
Q2 24
1.16×
2.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TER
TER

Segment breakdown not available.

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

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