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ACI WORLDWIDE, INC.（ACIW）与PTC Inc.（PTC）财务数据对比。点击上方公司名可切换其他公司
PTC Inc.的季度营收约是ACI WORLDWIDE, INC.的1.4倍（$685.8M vs $481.6M）。PTC Inc.净利率更高（24.3% vs 13.4%，领先10.9%）。PTC Inc.同比增速更快（21.4% vs 6.3%）。PTC Inc.自由现金流更多（$267.4M vs $116.6M）。过去两年ACI WORLDWIDE, INC.的营收复合增速更高（23.4% vs 6.6%）
ACI Worldwide是全球领先的数字支付软件企业，总部位于美国内布拉斯加州埃尔克霍恩，为94个国家的客户提供服务，每日处理数十亿笔交易，总价值达数万亿美元。其智能解决方案服务于银行、金融机构、商户、账单服务商、收单机构、发卡机构及第三方支付服务商，支持全渠道搭建安全支付体系。
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
ACIW vs PTC — 直观对比
营收规模更大
PTC
是对方的1.4倍
$481.6M
营收增速更快
PTC
高出15.1%
6.3%
净利率更高
PTC
高出10.9%
13.4%
自由现金流更多
PTC
多$150.8M
$116.6M
两年增速更快
ACIW
近两年复合增速
6.6%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $685.8M |
| 净利润 | $64.3M | $166.5M |
| 毛利率 | 53.0% | 82.8% |
| 营业利润率 | 22.6% | 32.2% |
| 净利率 | 13.4% | 24.3% |
| 营收同比 | 6.3% | 21.4% |
| 净利润同比 | -34.7% | 102.5% |
| 每股收益（稀释后） | $0.61 | $1.39 |
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ACIWPTC
| Q4 25 | $481.6M | $685.8M | ||
| Q3 25 | $482.4M | $893.8M | ||
| Q2 25 | $401.3M | $643.9M | ||
| Q1 25 | $394.6M | $636.4M | ||
| Q4 24 | $453.0M | $565.1M | ||
| Q3 24 | $451.8M | $626.5M | ||
| Q2 24 | $373.5M | $518.6M | ||
| Q1 24 | $316.0M | $603.1M |
净利润ACIWPTC
| Q4 25 | $64.3M | $166.5M | ||
| Q3 25 | $91.3M | $347.8M | ||
| Q2 25 | $12.2M | $141.3M | ||
| Q1 25 | $58.9M | $162.6M | ||
| Q4 24 | $98.6M | $82.2M | ||
| Q3 24 | $81.4M | $126.5M | ||
| Q2 24 | $30.9M | $69.0M | ||
| Q1 24 | $-7.8M | $114.4M |
毛利率ACIWPTC
| Q4 25 | 53.0% | 82.8% | ||
| Q3 25 | 53.7% | 86.9% | ||
| Q2 25 | 41.5% | 82.9% | ||
| Q1 25 | 45.9% | 83.3% | ||
| Q4 24 | 55.8% | 80.2% | ||
| Q3 24 | 56.3% | 82.0% | ||
| Q2 24 | 45.6% | 78.4% | ||
| Q1 24 | 39.5% | 81.8% |
营业利润率ACIWPTC
| Q4 25 | 22.6% | 32.2% | ||
| Q3 25 | 26.5% | 48.5% | ||
| Q2 25 | 8.7% | 32.6% | ||
| Q1 25 | 14.8% | 35.1% | ||
| Q4 24 | 27.0% | 20.4% | ||
| Q3 24 | 27.1% | 31.0% | ||
| Q2 24 | 14.4% | 18.5% | ||
| Q1 24 | 3.0% | 29.8% |
净利率ACIWPTC
| Q4 25 | 13.4% | 24.3% | ||
| Q3 25 | 18.9% | 38.9% | ||
| Q2 25 | 3.0% | 21.9% | ||
| Q1 25 | 14.9% | 25.6% | ||
| Q4 24 | 21.8% | 14.6% | ||
| Q3 24 | 18.0% | 20.2% | ||
| Q2 24 | 8.3% | 13.3% | ||
| Q1 24 | -2.5% | 19.0% |
每股收益（稀释后）ACIWPTC
| Q4 25 | $0.61 | $1.39 | ||
| Q3 25 | $0.88 | $2.88 | ||
| Q2 25 | $0.12 | $1.17 | ||
| Q1 25 | $0.55 | $1.35 | ||
| Q4 24 | $0.92 | $0.68 | ||
| Q3 24 | $0.77 | $1.05 | ||
| Q2 24 | $0.29 | $0.57 | ||
| Q1 24 | $-0.07 | $0.95 |
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 | $196.5M | $209.7M |
| 总债务越低越好 | $817.6M | $1.2B |
| 股东权益账面价值 | $1.5B | $3.8B |
| 总资产 | $3.1B | $6.4B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资ACIWPTC
| Q4 25 | $196.5M | $209.7M | ||
| Q3 25 | $199.3M | $184.4M | ||
| Q2 25 | $189.7M | $199.3M | ||
| Q1 25 | $230.1M | $235.2M | ||
| Q4 24 | $216.4M | $196.3M | ||
| Q3 24 | $177.9M | $265.8M | ||
| Q2 24 | $157.0M | $247.7M | ||
| Q1 24 | $183.4M | $249.0M |
总债务ACIWPTC
| Q4 25 | $817.6M | $1.2B | ||
| Q3 25 | $867.8M | $1.2B | ||
| Q2 25 | $898.0M | $1.2B | ||
| Q1 25 | $845.9M | $1.4B | ||
| Q4 24 | $924.6M | $1.0B | ||
| Q3 24 | $994.3M | $1.2B | ||
| Q2 24 | $1.0B | $1.3B | ||
| Q1 24 | $1.0B | $1.5B |
股东权益ACIWPTC
| Q4 25 | $1.5B | $3.8B | ||
| Q3 25 | $1.5B | $3.8B | ||
| Q2 25 | $1.4B | $3.5B | ||
| Q1 25 | $1.5B | $3.4B | ||
| Q4 24 | $1.4B | $3.2B | ||
| Q3 24 | $1.3B | $3.2B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.3B | $2.9B |
总资产ACIWPTC
| Q4 25 | $3.1B | $6.4B | ||
| Q3 25 | $3.2B | $6.6B | ||
| Q2 25 | $3.1B | $6.2B | ||
| Q1 25 | $3.2B | $6.2B | ||
| Q4 24 | $3.0B | $6.1B | ||
| Q3 24 | $3.1B | $6.4B | ||
| Q2 24 | $3.4B | $6.1B | ||
| Q1 24 | $3.3B | $6.2B |
负债/权益比ACIWPTC
| Q4 25 | 0.54× | 0.31× | ||
| Q3 25 | 0.59× | 0.31× | ||
| Q2 25 | 0.64× | 0.34× | ||
| Q1 25 | 0.57× | 0.40× | ||
| Q4 24 | 0.65× | 0.32× | ||
| Q3 24 | 0.75× | 0.38× | ||
| Q2 24 | 0.82× | 0.43× | ||
| Q1 24 | 0.81× | 0.51× |
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 | $121.8M | $269.7M |
| 自由现金流经营现金流 - 资本支出 | $116.6M | $267.4M |
| 自由现金流率自由现金流/营收 | 24.2% | 39.0% |
| 资本支出强度资本支出/营收 | 1.1% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.89× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $309.9M | $888.4M |
8季度趋势，按日历期对齐
经营现金流ACIWPTC
| Q4 25 | $121.8M | $269.7M | ||
| Q3 25 | $73.0M | $104.0M | ||
| Q2 25 | $49.8M | $243.9M | ||
| Q1 25 | $78.2M | $281.3M | ||
| Q4 24 | $126.5M | $238.4M | ||
| Q3 24 | $54.0M | $98.1M | ||
| Q2 24 | $55.0M | $213.8M | ||
| Q1 24 | $123.2M | $250.7M |
自由现金流ACIWPTC
| Q4 25 | $116.6M | $267.4M | ||
| Q3 25 | $69.6M | $100.5M | ||
| Q2 25 | $47.6M | $242.0M | ||
| Q1 25 | $76.1M | $278.5M | ||
| Q4 24 | $119.5M | $235.7M | ||
| Q3 24 | $50.5M | $93.6M | ||
| Q2 24 | $53.3M | $212.2M | ||
| Q1 24 | $120.0M | $247.1M |
自由现金流率ACIWPTC
| Q4 25 | 24.2% | 39.0% | ||
| Q3 25 | 14.4% | 11.2% | ||
| Q2 25 | 11.9% | 37.6% | ||
| Q1 25 | 19.3% | 43.8% | ||
| Q4 24 | 26.4% | 41.7% | ||
| Q3 24 | 11.2% | 14.9% | ||
| Q2 24 | 14.3% | 40.9% | ||
| Q1 24 | 38.0% | 41.0% |
资本支出强度ACIWPTC
| Q4 25 | 1.1% | 0.3% | ||
| Q3 25 | 0.7% | 0.4% | ||
| Q2 25 | 0.5% | 0.3% | ||
| Q1 25 | 0.5% | 0.4% | ||
| Q4 24 | 1.5% | 0.5% | ||
| Q3 24 | 0.8% | 0.7% | ||
| Q2 24 | 0.5% | 0.3% | ||
| Q1 24 | 1.0% | 0.6% |
现金转化率ACIWPTC
| Q4 25 | 1.89× | 1.62× | ||
| Q3 25 | 0.80× | 0.30× | ||
| Q2 25 | 4.08× | 1.73× | ||
| Q1 25 | 1.33× | 1.73× | ||
| Q4 24 | 1.28× | 2.90× | ||
| Q3 24 | 0.66× | 0.78× | ||
| Q2 24 | 1.78× | 3.10× | ||
| Q1 24 | — | 2.19× |
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
ACIW
| Issuing And Acquiring | $183.7M | 38% |
| License | $158.3M | 33% |
| Maintenance | $50.8M | 11% |
| Software And Platform Service | $49.6M | 10% |
| Merchant Payments | $42.4M | 9% |
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
