vs
ProFrac Holding Corp.（ACDC）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
ProFrac Holding Corp.的季度营收约是PROGRESS SOFTWARE CORP的1.7倍（$436.5M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -33.2%，领先43.3%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs -4.0%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $12.9M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -13.4%）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
ACDC vs PRGS — 直观对比
营收规模更大
ACDC
是对方的1.7倍
$252.7M
营收增速更快
PRGS
高出21.5%
-4.0%
净利率更高
PRGS
高出43.3%
-33.2%
自由现金流更多
PRGS
多$47.0M
$12.9M
两年增速更快
PRGS
近两年复合增速
-13.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $252.7M |
| 净利润 | $-144.7M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | -24.9% | 15.2% |
| 净利率 | -33.2% | 10.2% |
| 营收同比 | -4.0% | 17.5% |
| 净利润同比 | -37.8% | 2144.6% |
| 每股收益（稀释后） | $-0.83 | $0.59 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ACDCPRGS
| Q4 25 | $436.5M | $252.7M | ||
| Q3 25 | $403.1M | $249.8M | ||
| Q2 25 | $501.9M | $237.4M | ||
| Q1 25 | $600.3M | $238.0M | ||
| Q4 24 | $454.7M | $215.0M | ||
| Q3 24 | $575.3M | $178.7M | ||
| Q2 24 | $579.4M | $175.1M | ||
| Q1 24 | $581.5M | $184.7M |
净利润ACDCPRGS
| Q4 25 | $-144.7M | $25.7M | ||
| Q3 25 | $-100.9M | $19.4M | ||
| Q2 25 | $-105.9M | $17.0M | ||
| Q1 25 | $-17.5M | $10.9M | ||
| Q4 24 | $-105.0M | $1.1M | ||
| Q3 24 | $-45.2M | $28.5M | ||
| Q2 24 | $-66.7M | $16.2M | ||
| Q1 24 | $1.8M | $22.6M |
毛利率ACDCPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% | ||
| Q1 24 | — | 82.2% |
营业利润率ACDCPRGS
| Q4 25 | -24.9% | 15.2% | ||
| Q3 25 | -19.5% | 17.6% | ||
| Q2 25 | -10.8% | 16.3% | ||
| Q1 25 | 2.7% | 13.6% | ||
| Q4 24 | -10.3% | 10.0% | ||
| Q3 24 | -0.7% | 22.6% | ||
| Q2 24 | -8.5% | 15.5% | ||
| Q1 24 | 6.9% | 19.0% |
净利率ACDCPRGS
| Q4 25 | -33.2% | 10.2% | ||
| Q3 25 | -25.0% | 7.8% | ||
| Q2 25 | -21.1% | 7.2% | ||
| Q1 25 | -2.9% | 4.6% | ||
| Q4 24 | -23.1% | 0.5% | ||
| Q3 24 | -7.9% | 15.9% | ||
| Q2 24 | -11.5% | 9.2% | ||
| Q1 24 | 0.3% | 12.3% |
每股收益（稀释后）ACDCPRGS
| Q4 25 | $-0.83 | $0.59 | ||
| Q3 25 | $-0.60 | $0.44 | ||
| Q2 25 | $-0.67 | $0.39 | ||
| Q1 25 | $-0.12 | $0.24 | ||
| Q4 24 | $-0.67 | $0.01 | ||
| Q3 24 | $-0.29 | $0.65 | ||
| Q2 24 | $-0.42 | $0.37 | ||
| Q1 24 | $0.00 | $0.51 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $22.9M | $94.8M |
| 总债务越低越好 | $832.7M | $1.4B |
| 股东权益账面价值 | $717.5M | $478.3M |
| 总资产 | $2.6B | $2.5B |
| 负债/权益比越低杠杆越低 | 1.16× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资ACDCPRGS
| Q4 25 | $22.9M | $94.8M | ||
| Q3 25 | $58.0M | $99.0M | ||
| Q2 25 | $26.0M | $102.0M | ||
| Q1 25 | $16.0M | $124.2M | ||
| Q4 24 | $14.8M | $118.1M | ||
| Q3 24 | $25.5M | $232.7M | ||
| Q2 24 | $24.0M | $190.4M | ||
| Q1 24 | $28.3M | $133.2M |
总债务ACDCPRGS
| Q4 25 | $832.7M | $1.4B | ||
| Q3 25 | $907.0M | $1.4B | ||
| Q2 25 | $941.9M | $1.5B | ||
| Q1 25 | $967.9M | $1.5B | ||
| Q4 24 | $936.1M | $1.5B | ||
| Q3 24 | $986.7M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $895.1M | — |
股东权益ACDCPRGS
| Q4 25 | $717.5M | $478.3M | ||
| Q3 25 | $862.0M | $477.7M | ||
| Q2 25 | $875.5M | $452.7M | ||
| Q1 25 | $988.1M | $431.8M | ||
| Q4 24 | $1.0B | $438.8M | ||
| Q3 24 | $1.1B | $425.6M | ||
| Q2 24 | $1.1B | $401.7M | ||
| Q1 24 | $1.2B | $461.7M |
总资产ACDCPRGS
| Q4 25 | $2.6B | $2.5B | ||
| Q3 25 | $2.7B | $2.4B | ||
| Q2 25 | $2.8B | $2.4B | ||
| Q1 25 | $3.0B | $2.5B | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $3.2B | $1.6B | ||
| Q1 24 | $3.0B | $1.5B |
负债/权益比ACDCPRGS
| Q4 25 | 1.16× | 2.93× | ||
| Q3 25 | 1.05× | 2.97× | ||
| Q2 25 | 1.08× | 3.22× | ||
| Q1 25 | 0.98× | 3.50× | ||
| Q4 24 | 0.93× | 3.48× | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.74× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $49.5M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $59.9M |
| 自由现金流率自由现金流/营收 | 3.0% | 23.7% |
| 资本支出强度资本支出/营收 | 8.4% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | $19.6M | $229.5M |
8季度趋势，按日历期对齐
经营现金流ACDCPRGS
| Q4 25 | $49.5M | $62.8M | ||
| Q3 25 | $900.0K | $73.4M | ||
| Q2 25 | $100.4M | $30.0M | ||
| Q1 25 | $38.7M | $68.9M | ||
| Q4 24 | $76.5M | $19.7M | ||
| Q3 24 | $98.2M | $57.7M | ||
| Q2 24 | $113.5M | $63.7M | ||
| Q1 24 | $79.1M | $70.5M |
自由现金流ACDCPRGS
| Q4 25 | $12.9M | $59.9M | ||
| Q3 25 | $-33.4M | $72.4M | ||
| Q2 25 | $53.9M | $29.5M | ||
| Q1 25 | $-13.8M | $67.7M | ||
| Q4 24 | $13.3M | $16.8M | ||
| Q3 24 | $28.2M | $56.6M | ||
| Q2 24 | $51.6M | $62.7M | ||
| Q1 24 | $19.2M | $70.2M |
自由现金流率ACDCPRGS
| Q4 25 | 3.0% | 23.7% | ||
| Q3 25 | -8.3% | 29.0% | ||
| Q2 25 | 10.7% | 12.4% | ||
| Q1 25 | -2.3% | 28.4% | ||
| Q4 24 | 2.9% | 7.8% | ||
| Q3 24 | 4.9% | 31.7% | ||
| Q2 24 | 8.9% | 35.8% | ||
| Q1 24 | 3.3% | 38.0% |
资本支出强度ACDCPRGS
| Q4 25 | 8.4% | 1.1% | ||
| Q3 25 | 8.5% | 0.4% | ||
| Q2 25 | 9.3% | 0.2% | ||
| Q1 25 | 8.7% | 0.5% | ||
| Q4 24 | 13.9% | 1.3% | ||
| Q3 24 | 12.2% | 0.6% | ||
| Q2 24 | 10.7% | 0.5% | ||
| Q1 24 | 10.3% | 0.2% |
现金转化率ACDCPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | — | 3.93× | ||
| Q1 24 | 43.94× | 3.11× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
