Verdict
Head-to-head · Best 4-Bay NAS Drives

QNAP TS-464 vs TerraMaster F4-424 Pro

Which is the better buy? Side-by-side on rating, price, strengths, and watch-outs — with the published ratings we averaged to get there.

The short answer

QNAP TS-464 comes out ahead by a narrow margin (4.5 vs 4.2). The gap is mostly about Plex/Jellyfin households running multiple 4K HEVC streams who want hardware transcoding built in — read the strengths below before deciding.

QNAP TS-464
Higher ratedRanked #2 in Best 4-Bay NAS Drives
QNAP TS-464
$566

The TS-464 is the right answer if Plex transcoding is the primary use case. The Celeron N5095's iGPU handles four simultaneous 4K HEVC transcodes without choking, and the dual 2.5 GbE ports plus a PCIe slot for 10 GbE expansion give you more network headroom than the Synology DS923+. The trade-off is QTS — functional but less refined than DSM. Power users learn to live with it; casual users may not.

Strengths
  • Intel Celeron N5095 with iGPU — sustained 4K HEVC hardware transcoding for Plex/Jellyfin
  • Dual 2.5 GbE ports stock, port trunking gets close to 10 GbE speeds (~589 MB/s)
  • PCIe Gen 3 slot lets you add a 10 GbE card later
Watch-outs
  • QTS is less polished than Synology's DSM — more menus, less consistent UI
  • QNAP has shipped security vulnerabilities that received late patches in the past
  • Higher idle power than the Synology DS923+
TerraMaster F4-424 Pro
Ranked #4 in Best 4-Bay NAS Drives
TerraMaster F4-424 Pro
$700

The F4-424 Pro is the value-per-spec pick — 8-core CPU and 32 GB DDR5 RAM at $500 is unmatched. The catch is TOS, which most enthusiasts swap out for TrueNAS Scale or Unraid. If you were going to do that anyway, this is the platform; if you want a polished out-of-box experience, the Synology DS923+ or QNAP TS-464 are better matches.

Strengths
  • Core i3-N305 8-core/8-thread CPU is the highest core count in this round-up
  • 32 GB DDR5 RAM stock — far more than the DS923+ or TS-464 ship with
  • Dual 2.5 GbE ports stock
Watch-outs
  • TOS (TerraMaster Operating System) is the least polished NAS OS in this lineup
  • Build quality is plastic where Asustor and Synology use metal
  • TerraMaster's reputation for support and patches is mixed

How they stack up

QNAP TS-464

Beats the Synology DS923+ on hardware transcoding and stock 2.5 GbE, but loses on operating system polish. Less raw CPU than the TerraMaster F4-424 Pro (which offers 8 cores vs the TS-464's 4), but the Celeron's iGPU is a meaningful advantage for media work. Cheaper than the Asustor Lockerstor 4 Gen3 and UGREEN DXP4800 Plus while still offering credible 2.5 GbE.

TerraMaster F4-424 Pro

Highest core count and most stock RAM of any pick here. Less polished software than the Synology DS923+, QNAP TS-464, and Asustor Lockerstor 4 Gen3 — most users end up running TrueNAS or Unraid. The UGREEN DXP4800 Plus runs similar new-OS-young-platform energy but ships with proper UGREEN OS rather than an excuse to wipe and reinstall.

Specs side-by-side

SpecQNAP TS-464TerraMaster F4-424 Pro
Bays4 (3.5" / 2.5" SATA)4 (3.5" / 2.5" SATA)
CPUIntel Celeron N5095 (4-core, 2.0-2.9 GHz) with iGPUIntel Core i3-N305 (8-core, 3.8 GHz turbo)
RAM8 GB DDR4 (up to 16 GB)32 GB DDR5 4800
Networking2x 2.5 GbE2x 2.5 GbE
ExpansionPCIe Gen 3 x2 slot
Video OutputHDMI 2.1 (4K 60)HDMI 2.0 (4K 60)
M.2 NVMe Slots2x PCIe slots2x slots
OSQTS (QuTS hero optional)TOS (or TrueNAS/Unraid)
Max Sequential Read~600 MB/s
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