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Veralto vs Teradyne: VLTO and TER compared
Veralto is the larger company: $1.5B of revenue in its latest quarter (Q3 2026) against $1.3B for Teradyne (Q3 2026). Teradyne is growing faster (+70% against +8% a year earlier). Teradyne is more profitable, with an operating margin of 30.8% against 19.7%.
Where the money goes: VLTO and TER
Veralto (VLTO) · Q3 2026
Veralto, Q3 2026: revenue $1.5B (+8% year over year), operating margin 19.7%, net earnings $253M, operating cash flow $323M. The chart follows the revenue to costs, profit and cash.
Teradyne (TER) · Q3 2026
Teradyne, Q3 2026: revenue $1.3B (+70% year over year), operating margin 30.8%, net earnings $342M, operating cash flow $314M. The chart follows the revenue to costs, profit and cash.
| Veralto (VLTO) | Teradyne (TER) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.5B | $1.3B |
| Revenue growth, Y/Y | +8% | +70% |
| Gross margin | 60.2% | 59.1% |
| Operating margin | 19.7% | 30.8% |
| Net earnings | $253M | $342M |
| Net margin | 16.8% | 26.2% |
| Operating cash flow | $323M | $314M |
| Free cash flow | $304M | $227M |
| Market value | $28.6B | $34.2B |
| P/E | 28.8× | 24.9× |
| Analysts’ mean target | $124.62 | $424.67 |
Where the revenue comes from
Veralto
- Recurring: $944M (63%)
- Nonrecurring: $565M (37%)
Teradyne
- Product: $1.2B (89%)
- Service: $142M (11%)
Questions
Which is bigger, Veralto or Teradyne?
Veralto is the larger company: $1.5B of revenue in its latest quarter (Q3 2026) against $1.3B for Teradyne (Q3 2026).
Is Veralto or Teradyne growing faster?
Teradyne is growing faster (+70% against +8% a year earlier).
Which is more profitable, Veralto or Teradyne?
Teradyne is more profitable, with an operating margin of 30.8% against 19.7%.
More: Veralto earnings · how Veralto makes money · Teradyne earnings · how Teradyne makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Oct 30, 2026). Fiscal quarters can end on different dates. Not investment advice.