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Enact Holdings, Inc.（ACT）与BLACKBAUD INC（BLKB）财务数据对比。点击上方公司名可切换其他公司
Enact Holdings, Inc.的季度营收约是BLACKBAUD INC的1.1倍（$312.7M vs $281.1M），BLACKBAUD INC同比增速更快（4.2% vs 3.6%），过去两年Enact Holdings, Inc.的营收复合增速更高（3.6% vs -1.1%）
Enact Holdings, Inc.是美国领先的私人抵押贷款保险服务商，为银行、信用社等各类住宅抵押贷款机构提供风险缓释解决方案，帮助首付较低的购房者获得可负担的住房贷款，助力更多美国普通消费者实现安居需求。
Blackbaud是全球知名的云服务提供商，专注为非营利组织、基金会、企业、教育机构、医疗机构、宗教团体及个人公益推动者提供技术支持，旗下产品覆盖筹款、网站管理、客户关系管理、数据分析、财务管理、票务系统、教育管理等多元场景。
ACT vs BLKB — 直观对比
营收规模更大
ACT
是对方的1.1倍
$281.1M
营收增速更快
BLKB
高出0.5%
3.6%
两年增速更快
ACT
近两年复合增速
-1.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $281.1M |
| 净利润 | — | $31.1M |
| 毛利率 | — | 59.2% |
| 营业利润率 | 71.3% | 18.3% |
| 净利率 | — | 11.1% |
| 营收同比 | 3.6% | 4.2% |
| 净利润同比 | — | 620.3% |
| 每股收益（稀释后） | $1.23 | $0.67 |
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ACTBLKB
| Q1 26 | — | $281.1M | ||
| Q4 25 | $312.7M | $295.3M | ||
| Q3 25 | $311.5M | $281.1M | ||
| Q2 25 | $304.9M | $282.0M | ||
| Q1 25 | $306.8M | $269.9M | ||
| Q4 24 | $301.8M | $302.1M | ||
| Q3 24 | $309.6M | $286.6M | ||
| Q2 24 | $298.8M | $287.3M |
净利润ACTBLKB
| Q1 26 | — | $31.1M | ||
| Q4 25 | — | $36.7M | ||
| Q3 25 | — | $47.5M | ||
| Q2 25 | — | $26.5M | ||
| Q1 25 | — | $4.3M | ||
| Q4 24 | — | $-346.4M | ||
| Q3 24 | — | $18.3M | ||
| Q2 24 | — | $21.2M |
毛利率ACTBLKB
| Q1 26 | — | 59.2% | ||
| Q4 25 | — | 58.3% | ||
| Q3 25 | — | 59.6% | ||
| Q2 25 | — | 59.7% | ||
| Q1 25 | — | 57.5% | ||
| Q4 24 | — | 53.8% | ||
| Q3 24 | — | 54.9% | ||
| Q2 24 | — | 56.0% |
营业利润率ACTBLKB
| Q1 26 | — | 18.3% | ||
| Q4 25 | 71.3% | 20.0% | ||
| Q3 25 | 67.4% | 19.4% | ||
| Q2 25 | 70.4% | 20.3% | ||
| Q1 25 | 68.9% | 7.3% | ||
| Q4 24 | 68.9% | -121.5% | ||
| Q3 24 | 74.1% | 14.4% | ||
| Q2 24 | 78.6% | 14.4% |
净利率ACTBLKB
| Q1 26 | — | 11.1% | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 9.4% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | — | -114.6% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | — | 7.4% |
每股收益（稀释后）ACTBLKB
| Q1 26 | — | $0.67 | ||
| Q4 25 | $1.23 | $0.75 | ||
| Q3 25 | $1.10 | $0.98 | ||
| Q2 25 | $1.11 | $0.55 | ||
| Q1 25 | $1.08 | $0.09 | ||
| Q4 24 | $1.05 | $-6.82 | ||
| Q3 24 | $1.15 | $0.35 | ||
| Q2 24 | $1.16 | $0.41 |
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 | $582.5M | $34.1M |
| 总债务越低越好 | $744.5M | — |
| 股东权益账面价值 | $5.4B | $34.6M |
| 总资产 | $6.9B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.14× | — |
8季度趋势，按日历期对齐
现金及短期投资ACTBLKB
| Q1 26 | — | $34.1M | ||
| Q4 25 | $582.5M | $38.9M | ||
| Q3 25 | $545.6M | $38.3M | ||
| Q2 25 | $616.0M | $41.6M | ||
| Q1 25 | $639.0M | $37.2M | ||
| Q4 24 | $602.8M | $67.6M | ||
| Q3 24 | $674.9M | $34.6M | ||
| Q2 24 | $711.3M | $30.4M |
总债务ACTBLKB
| Q1 26 | — | — | ||
| Q4 25 | $744.5M | $1.1B | ||
| Q3 25 | $744.1M | — | ||
| Q2 25 | $743.8M | — | ||
| Q1 25 | $743.4M | — | ||
| Q4 24 | $743.0M | $1.1B | ||
| Q3 24 | $742.7M | $1.0B | ||
| Q2 24 | $742.4M | $1.0B |
股东权益ACTBLKB
| Q1 26 | — | $34.6M | ||
| Q4 25 | $5.4B | $85.1M | ||
| Q3 25 | $5.3B | $108.2M | ||
| Q2 25 | $5.2B | $72.7M | ||
| Q1 25 | $5.1B | $17.5M | ||
| Q4 24 | $5.0B | $126.8M | ||
| Q3 24 | $5.0B | $544.8M | ||
| Q2 24 | $4.8B | $577.5M |
总资产ACTBLKB
| Q1 26 | — | $2.1B | ||
| Q4 25 | $6.9B | $2.4B | ||
| Q3 25 | $6.9B | $2.1B | ||
| Q2 25 | $6.8B | $2.6B | ||
| Q1 25 | $6.7B | $2.1B | ||
| Q4 24 | $6.5B | $2.5B | ||
| Q3 24 | $6.6B | $2.6B | ||
| Q2 24 | $6.3B | $3.0B |
负债/权益比ACTBLKB
| Q1 26 | — | — | ||
| Q4 25 | 0.14× | 13.06× | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.14× | — | ||
| Q1 25 | 0.15× | — | ||
| Q4 24 | 0.15× | 8.50× | ||
| Q3 24 | 0.15× | 1.84× | ||
| Q2 24 | 0.15× | 1.78× |
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 | $724.5M | $51.5M |
| 自由现金流经营现金流 - 资本支出 | — | $37.0M |
| 自由现金流率自由现金流/营收 | — | 13.2% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.65× |
| 过去12个月自由现金流最近4个季度 | — | $294.1M |
8季度趋势，按日历期对齐
经营现金流ACTBLKB
| Q1 26 | — | $51.5M | ||
| Q4 25 | $724.5M | $58.0M | ||
| Q3 25 | $192.0M | $139.2M | ||
| Q2 25 | $119.5M | $66.9M | ||
| Q1 25 | $226.7M | $1.4M | ||
| Q4 24 | $686.3M | $73.6M | ||
| Q3 24 | $188.1M | $104.0M | ||
| Q2 24 | $144.7M | $53.1M |
自由现金流ACTBLKB
| Q1 26 | — | $37.0M | ||
| Q4 25 | — | $55.0M | ||
| Q3 25 | — | $135.7M | ||
| Q2 25 | — | $66.3M | ||
| Q1 25 | — | $712.0K | ||
| Q4 24 | — | $73.4M | ||
| Q3 24 | — | $102.9M | ||
| Q2 24 | — | $48.0M |
自由现金流率ACTBLKB
| Q1 26 | — | 13.2% | ||
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 48.3% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 24.3% | ||
| Q3 24 | — | 35.9% | ||
| Q2 24 | — | 16.7% |
资本支出强度ACTBLKB
| Q1 26 | — | — | ||
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 1.8% |
现金转化率ACTBLKB
| Q1 26 | — | 1.65× | ||
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 2.93× | ||
| Q2 25 | — | 2.53× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.69× | ||
| Q2 24 | — | 2.50× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
