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ACI WORLDWIDE, INC.（ACIW）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
Snowflake Inc.的季度营收约是ACI WORLDWIDE, INC.的2.5倍（$1.2B vs $481.6M）。ACI WORLDWIDE, INC.净利率更高（13.4% vs -24.2%，领先37.6%）。Snowflake Inc.同比增速更快（28.7% vs 6.3%）。ACI WORLDWIDE, INC.自由现金流更多（$116.6M vs $113.6M）。过去两年Snowflake Inc.的营收复合增速更高（25.1% vs 23.4%）
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。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
ACIW vs SNOW — 直观对比
营收规模更大
SNOW
是对方的2.5倍
$481.6M
营收增速更快
SNOW
高出22.4%
6.3%
净利率更高
ACIW
高出37.6%
-24.2%
自由现金流更多
ACIW
多$3.0M
$113.6M
两年增速更快
SNOW
近两年复合增速
23.4%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $1.2B |
| 净利润 | $64.3M | $-294.0M |
| 毛利率 | 53.0% | 67.8% |
| 营业利润率 | 22.6% | -27.2% |
| 净利率 | 13.4% | -24.2% |
| 营收同比 | 6.3% | 28.7% |
| 净利润同比 | -34.7% | 9.4% |
| 每股收益（稀释后） | $0.61 | $-0.87 |
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ACIWSNOW
| Q4 25 | $481.6M | $1.2B | ||
| Q3 25 | $482.4M | $1.1B | ||
| Q2 25 | $401.3M | $1.0B | ||
| Q1 25 | $394.6M | $986.8M | ||
| Q4 24 | $453.0M | $942.1M | ||
| Q3 24 | $451.8M | $868.8M | ||
| Q2 24 | $373.5M | $828.7M | ||
| Q1 24 | $316.0M | $774.7M |
净利润ACIWSNOW
| Q4 25 | $64.3M | $-294.0M | ||
| Q3 25 | $91.3M | $-298.0M | ||
| Q2 25 | $12.2M | $-430.1M | ||
| Q1 25 | $58.9M | $-327.5M | ||
| Q4 24 | $98.6M | $-324.3M | ||
| Q3 24 | $81.4M | $-316.9M | ||
| Q2 24 | $30.9M | $-317.0M | ||
| Q1 24 | $-7.8M | $-169.4M |
毛利率ACIWSNOW
| Q4 25 | 53.0% | 67.8% | ||
| Q3 25 | 53.7% | 67.5% | ||
| Q2 25 | 41.5% | 66.5% | ||
| Q1 25 | 45.9% | 66.2% | ||
| Q4 24 | 55.8% | 65.9% | ||
| Q3 24 | 56.3% | 66.8% | ||
| Q2 24 | 45.6% | 67.1% | ||
| Q1 24 | 39.5% | 68.8% |
营业利润率ACIWSNOW
| Q4 25 | 22.6% | -27.2% | ||
| Q3 25 | 26.5% | -29.7% | ||
| Q2 25 | 8.7% | -42.9% | ||
| Q1 25 | 14.8% | -39.2% | ||
| Q4 24 | 27.0% | -38.8% | ||
| Q3 24 | 27.1% | -40.9% | ||
| Q2 24 | 14.4% | -42.1% | ||
| Q1 24 | 3.0% | -35.6% |
净利率ACIWSNOW
| Q4 25 | 13.4% | -24.2% | ||
| Q3 25 | 18.9% | -26.0% | ||
| Q2 25 | 3.0% | -41.3% | ||
| Q1 25 | 14.9% | -33.2% | ||
| Q4 24 | 21.8% | -34.4% | ||
| Q3 24 | 18.0% | -36.5% | ||
| Q2 24 | 8.3% | -38.3% | ||
| Q1 24 | -2.5% | -21.9% |
每股收益（稀释后）ACIWSNOW
| Q4 25 | $0.61 | $-0.87 | ||
| Q3 25 | $0.88 | $-0.89 | ||
| Q2 25 | $0.12 | $-1.29 | ||
| Q1 25 | $0.55 | $-0.98 | ||
| Q4 24 | $0.92 | $-0.98 | ||
| Q3 24 | $0.77 | $-0.95 | ||
| Q2 24 | $0.29 | $-0.95 | ||
| Q1 24 | $-0.07 | $-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 | $196.5M | $1.9B |
| 总债务越低越好 | $817.6M | — |
| 股东权益账面价值 | $1.5B | $2.1B |
| 总资产 | $3.1B | $8.2B |
| 负债/权益比越低杠杆越低 | 0.54× | — |
8季度趋势，按日历期对齐
现金及短期投资ACIWSNOW
| Q4 25 | $196.5M | $1.9B | ||
| Q3 25 | $199.3M | $1.9B | ||
| Q2 25 | $189.7M | $2.2B | ||
| Q1 25 | $230.1M | $2.6B | ||
| Q4 24 | $216.4M | $2.1B | ||
| Q3 24 | $177.9M | $1.3B | ||
| Q2 24 | $157.0M | $1.3B | ||
| Q1 24 | $183.4M | $1.8B |
总债务ACIWSNOW
| Q4 25 | $817.6M | — | ||
| Q3 25 | $867.8M | — | ||
| Q2 25 | $898.0M | — | ||
| Q1 25 | $845.9M | — | ||
| Q4 24 | $924.6M | — | ||
| Q3 24 | $994.3M | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益ACIWSNOW
| Q4 25 | $1.5B | $2.1B | ||
| Q3 25 | $1.5B | $2.4B | ||
| Q2 25 | $1.4B | $2.4B | ||
| Q1 25 | $1.5B | $3.0B | ||
| Q4 24 | $1.4B | $2.9B | ||
| Q3 24 | $1.3B | $4.1B | ||
| Q2 24 | $1.2B | $4.6B | ||
| Q1 24 | $1.3B | $5.2B |
总资产ACIWSNOW
| Q4 25 | $3.1B | $8.2B | ||
| Q3 25 | $3.2B | $8.2B | ||
| Q2 25 | $3.1B | $8.2B | ||
| Q1 25 | $3.2B | $9.0B | ||
| Q4 24 | $3.0B | $8.2B | ||
| Q3 24 | $3.1B | $6.9B | ||
| Q2 24 | $3.4B | $7.3B | ||
| Q1 24 | $3.3B | $8.2B |
负债/权益比ACIWSNOW
| Q4 25 | 0.54× | — | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.64× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 0.65× | — | ||
| Q3 24 | 0.75× | — | ||
| Q2 24 | 0.82× | — | ||
| Q1 24 | 0.81× | — |
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 | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $116.6M | $113.6M |
| 自由现金流率自由现金流/营收 | 24.2% | 9.4% |
| 资本支出强度资本支出/营收 | 1.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.89× | — |
| 过去12个月自由现金流最近4个季度 | $309.9M | $776.7M |
8季度趋势，按日历期对齐
经营现金流ACIWSNOW
| Q4 25 | $121.8M | $137.5M | ||
| Q3 25 | $73.0M | $74.9M | ||
| Q2 25 | $49.8M | $228.4M | ||
| Q1 25 | $78.2M | $432.7M | ||
| Q4 24 | $126.5M | $101.7M | ||
| Q3 24 | $54.0M | $69.9M | ||
| Q2 24 | $55.0M | $355.5M | ||
| Q1 24 | $123.2M | $344.6M |
自由现金流ACIWSNOW
| Q4 25 | $116.6M | $113.6M | ||
| Q3 25 | $69.6M | $58.2M | ||
| Q2 25 | $47.6M | $183.4M | ||
| Q1 25 | $76.1M | $421.4M | ||
| Q4 24 | $119.5M | $88.3M | ||
| Q3 24 | $50.5M | $64.8M | ||
| Q2 24 | $53.3M | $338.9M | ||
| Q1 24 | $120.0M | $331.5M |
自由现金流率ACIWSNOW
| Q4 25 | 24.2% | 9.4% | ||
| Q3 25 | 14.4% | 5.1% | ||
| Q2 25 | 11.9% | 17.6% | ||
| Q1 25 | 19.3% | 42.7% | ||
| Q4 24 | 26.4% | 9.4% | ||
| Q3 24 | 11.2% | 7.5% | ||
| Q2 24 | 14.3% | 40.9% | ||
| Q1 24 | 38.0% | 42.8% |
资本支出强度ACIWSNOW
| Q4 25 | 1.1% | 2.0% | ||
| Q3 25 | 0.7% | 1.5% | ||
| Q2 25 | 0.5% | 4.3% | ||
| Q1 25 | 0.5% | 1.1% | ||
| Q4 24 | 1.5% | 1.4% | ||
| Q3 24 | 0.8% | 0.6% | ||
| Q2 24 | 0.5% | 2.0% | ||
| Q1 24 | 1.0% | 1.7% |
现金转化率ACIWSNOW
| Q4 25 | 1.89× | — | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 4.08× | — | ||
| Q1 25 | 1.33× | — | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 1.78× | — | ||
| Q1 24 | — | — |
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% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
