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Side-by-side financial comparison of Teradyne (TER) and Vontier Corp (VNT). Click either name above to swap in a different company.
Teradyne is the larger business by last-quarter revenue ($1.1B vs $808.5M, roughly 1.3× Vontier Corp). Teradyne runs the higher net margin — 23.7% vs 15.3%, a 8.5% gap on every dollar of revenue. On growth, Teradyne posted the faster year-over-year revenue change (43.9% vs 4.1%). Teradyne produced more free cash flow last quarter ($218.8M vs $174.8M). Over the past eight quarters, Teradyne's revenue compounded faster (34.4% CAGR vs 3.4%).
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.
Vontier Corporation is an industrial manufacturing company headquartered in Raleigh, North Carolina. It owns the brands Gilbarco Veeder-Root, Matco Tools and Teletrac Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).
TER vs VNT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $808.5M |
| Net Profit | $257.2M | $123.5M |
| Gross Margin | 57.2% | — |
| Operating Margin | 27.1% | 18.9% |
| Net Margin | 23.7% | 15.3% |
| Revenue YoY | 43.9% | 4.1% |
| Net Profit YoY | 75.9% | 0.0% |
| EPS (diluted) | $1.62 | $0.85 |
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 | $808.5M | ||
| Q3 25 | $769.2M | $752.5M | ||
| Q2 25 | $651.8M | $773.5M | ||
| Q1 25 | $685.7M | $741.1M | ||
| Q4 24 | $752.9M | $776.8M | ||
| Q3 24 | $737.3M | $750.0M | ||
| Q2 24 | $729.9M | $696.4M | ||
| Q1 24 | $599.8M | $755.8M |
| Q4 25 | $257.2M | $123.5M | ||
| Q3 25 | $119.6M | $102.8M | ||
| Q2 25 | $78.4M | $91.9M | ||
| Q1 25 | $98.9M | $87.9M | ||
| Q4 24 | $146.3M | $123.5M | ||
| Q3 24 | $145.6M | $91.8M | ||
| Q2 24 | $186.3M | $70.1M | ||
| Q1 24 | $64.2M | $136.8M |
| Q4 25 | 57.2% | — | ||
| Q3 25 | 58.4% | 47.3% | ||
| Q2 25 | 57.2% | 47.9% | ||
| Q1 25 | 60.6% | 47.3% | ||
| Q4 24 | 59.4% | — | ||
| Q3 24 | 59.2% | 47.2% | ||
| Q2 24 | 58.3% | 48.2% | ||
| Q1 24 | 56.6% | 49.2% |
| Q4 25 | 27.1% | 18.9% | ||
| Q3 25 | 18.9% | 18.9% | ||
| Q2 25 | 13.9% | 17.6% | ||
| Q1 25 | 17.6% | 17.6% | ||
| Q4 24 | 20.4% | 19.2% | ||
| Q3 24 | 20.6% | 17.5% | ||
| Q2 24 | 28.8% | 16.4% | ||
| Q1 24 | 13.0% | 18.8% |
| Q4 25 | 23.7% | 15.3% | ||
| Q3 25 | 15.5% | 13.7% | ||
| Q2 25 | 12.0% | 11.9% | ||
| Q1 25 | 14.4% | 11.9% | ||
| Q4 24 | 19.4% | 15.9% | ||
| Q3 24 | 19.8% | 12.2% | ||
| Q2 24 | 25.5% | 10.1% | ||
| Q1 24 | 10.7% | 18.1% |
| Q4 25 | $1.62 | $0.85 | ||
| Q3 25 | $0.75 | $0.70 | ||
| Q2 25 | $0.49 | $0.62 | ||
| Q1 25 | $0.61 | $0.59 | ||
| Q4 24 | $0.89 | $0.82 | ||
| Q3 24 | $0.89 | $0.60 | ||
| Q2 24 | $1.14 | $0.45 | ||
| Q1 24 | $0.40 | $0.88 |
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 | $492.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.8B | $1.2B |
| Total Assets | $4.2B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $293.8M | $492.2M | ||
| Q3 25 | $272.7M | $433.8M | ||
| Q2 25 | $339.3M | $364.2M | ||
| Q1 25 | $475.6M | $333.6M | ||
| Q4 24 | $553.4M | $356.4M | ||
| Q3 24 | $510.0M | $330.9M | ||
| Q2 24 | $421.9M | $331.3M | ||
| Q1 24 | $707.4M | $406.0M |
| Q4 25 | $2.8B | $1.2B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $2.8B | $1.2B | ||
| Q1 25 | $2.8B | $1.1B | ||
| Q4 24 | $2.8B | $1.1B | ||
| Q3 24 | $2.9B | $1.0B | ||
| Q2 24 | $2.7B | $1.0B | ||
| Q1 24 | $2.6B | $984.9M |
| Q4 25 | $4.2B | $4.4B | ||
| Q3 25 | $4.0B | $4.4B | ||
| Q2 25 | $3.8B | $4.4B | ||
| Q1 25 | $3.7B | $4.3B | ||
| Q4 24 | $3.7B | $4.3B | ||
| Q3 24 | $3.8B | $4.3B | ||
| Q2 24 | $3.6B | $4.2B | ||
| Q1 24 | $3.4B | $4.3B |
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 | $190.1M |
| Free Cash FlowOCF − Capex | $218.8M | $174.8M |
| FCF MarginFCF / Revenue | 20.2% | 21.6% |
| Capex IntensityCapex / Revenue | 5.8% | 1.9% |
| Cash ConversionOCF / Net Profit | 1.09× | 1.54× |
| TTM Free Cash FlowTrailing 4 quarters | $450.4M | $441.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $281.6M | $190.1M | ||
| Q3 25 | $49.0M | $110.5M | ||
| Q2 25 | $182.1M | $100.0M | ||
| Q1 25 | $161.6M | $110.4M | ||
| Q4 24 | $282.6M | $168.1M | ||
| Q3 24 | $166.3M | $121.8M | ||
| Q2 24 | $216.1M | $46.1M | ||
| Q1 24 | $7.3M | $91.5M |
| Q4 25 | $218.8M | $174.8M | ||
| Q3 25 | $2.4M | $90.3M | ||
| Q2 25 | $131.7M | $83.3M | ||
| Q1 25 | $97.6M | $92.7M | ||
| Q4 24 | $225.2M | $148.0M | ||
| Q3 24 | $114.4M | $103.2M | ||
| Q2 24 | $171.2M | $22.3M | ||
| Q1 24 | $-36.7M | $71.3M |
| Q4 25 | 20.2% | 21.6% | ||
| Q3 25 | 0.3% | 12.0% | ||
| Q2 25 | 20.2% | 10.8% | ||
| Q1 25 | 14.2% | 12.5% | ||
| Q4 24 | 29.9% | 19.1% | ||
| Q3 24 | 15.5% | 13.8% | ||
| Q2 24 | 23.5% | 3.2% | ||
| Q1 24 | -6.1% | 9.4% |
| Q4 25 | 5.8% | 1.9% | ||
| Q3 25 | 6.1% | 2.7% | ||
| Q2 25 | 7.7% | 2.2% | ||
| Q1 25 | 9.3% | 2.4% | ||
| Q4 24 | 7.6% | 2.6% | ||
| Q3 24 | 7.0% | 2.5% | ||
| Q2 24 | 6.1% | 3.4% | ||
| Q1 24 | 7.3% | 2.7% |
| Q4 25 | 1.09× | 1.54× | ||
| Q3 25 | 0.41× | 1.07× | ||
| Q2 25 | 2.32× | 1.09× | ||
| Q1 25 | 1.63× | 1.26× | ||
| Q4 24 | 1.93× | 1.36× | ||
| Q3 24 | 1.14× | 1.33× | ||
| Q2 24 | 1.16× | 0.66× | ||
| Q1 24 | 0.11× | 0.67× |
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% |
VNT
| Environmental Fueling Solutions Segment | $387.5M | 48% |
| Services | $191.0M | 24% |
| Repair Solutions Segment | $144.5M | 18% |
| Other | $85.5M | 11% |
