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Enact Holdings, Inc.（ACT）与Elastic N.V.（ESTC）财务数据对比。点击上方公司名可切换其他公司
Elastic N.V.的季度营收约是Enact Holdings, Inc.的1.4倍（$423.5M vs $312.7M），Elastic N.V.同比增速更快（15.9% vs 3.6%），过去两年Elastic N.V.的营收复合增速更高（13.6% vs 3.6%）
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。
Elastic是荷美合资软件企业，2012年成立于荷兰阿姆斯特丹，运营总部分设于荷兰及美国加利福尼亚州旧金山市，于纽交所上市。公司提供企业级搜索、可观测性、网络安全平台，可支持用户实现大规模数据搜索分析、系统性能监测及异常检测。
ACT vs ESTC — 直观对比
营收规模更大
ESTC
是对方的1.4倍
$312.7M
营收增速更快
ESTC
高出12.3%
3.6%
两年增速更快
ESTC
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $312.7M | $423.5M |
| 净利润 | — | $-51.3M |
| 毛利率 | — | 75.9% |
| 营业利润率 | 71.3% | -1.9% |
| 净利率 | — | -12.1% |
| 营收同比 | 3.6% | 15.9% |
| 净利润同比 | — | -101.5% |
| 每股收益（稀释后） | $1.23 | $-0.48 |
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ACTESTC
| Q4 25 | $312.7M | $423.5M | ||
| Q3 25 | $311.5M | $415.3M | ||
| Q2 25 | $304.9M | $388.4M | ||
| Q1 25 | $306.8M | $382.1M | ||
| Q4 24 | $301.8M | $365.4M | ||
| Q3 24 | $309.6M | $347.4M | ||
| Q2 24 | $298.8M | $335.0M | ||
| Q1 24 | $291.6M | $328.0M |
净利润ACTESTC
| Q4 25 | — | $-51.3M | ||
| Q3 25 | — | $-24.6M | ||
| Q2 25 | — | $-16.4M | ||
| Q1 25 | — | $-17.1M | ||
| Q4 24 | — | $-25.4M | ||
| Q3 24 | — | $-49.2M | ||
| Q2 24 | — | $-41.1M | ||
| Q1 24 | — | $176.1M |
毛利率ACTESTC
| Q4 25 | — | 75.9% | ||
| Q3 25 | — | 76.7% | ||
| Q2 25 | — | 74.8% | ||
| Q1 25 | — | 74.6% | ||
| Q4 24 | — | 74.5% | ||
| Q3 24 | — | 73.6% | ||
| Q2 24 | — | 73.8% | ||
| Q1 24 | — | 74.2% |
营业利润率ACTESTC
| Q4 25 | 71.3% | -1.9% | ||
| Q3 25 | 67.4% | -2.3% | ||
| Q2 25 | 70.4% | -3.1% | ||
| Q1 25 | 68.9% | -1.2% | ||
| Q4 24 | 68.9% | -1.2% | ||
| Q3 24 | 74.1% | -9.7% | ||
| Q2 24 | 78.6% | -13.6% | ||
| Q1 24 | 70.6% | -8.1% |
净利率ACTESTC
| Q4 25 | — | -12.1% | ||
| Q3 25 | — | -5.9% | ||
| Q2 25 | — | -4.2% | ||
| Q1 25 | — | -4.5% | ||
| Q4 24 | — | -7.0% | ||
| Q3 24 | — | -14.2% | ||
| Q2 24 | — | -12.3% | ||
| Q1 24 | — | 53.7% |
每股收益（稀释后）ACTESTC
| Q4 25 | $1.23 | $-0.48 | ||
| Q3 25 | $1.10 | $-0.23 | ||
| Q2 25 | $1.11 | $-0.15 | ||
| Q1 25 | $1.08 | $-0.16 | ||
| Q4 24 | $1.05 | $-0.25 | ||
| Q3 24 | $1.15 | $-0.48 | ||
| Q2 24 | $1.16 | $-0.35 | ||
| Q1 24 | $1.01 | $1.69 |
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 | $1.4B |
| 总债务越低越好 | $744.5M | $570.3M |
| 股东权益账面价值 | $5.4B | $891.1M |
| 总资产 | $6.9B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.14× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资ACTESTC
| Q4 25 | $582.5M | $1.4B | ||
| Q3 25 | $545.6M | $1.5B | ||
| Q2 25 | $616.0M | $1.4B | ||
| Q1 25 | $639.0M | $584.0M | ||
| Q4 24 | $602.8M | $658.5M | ||
| Q3 24 | $674.9M | $594.9M | ||
| Q2 24 | $711.3M | $1.1B | ||
| Q1 24 | $624.3M | $526.9M |
总债务ACTESTC
| Q4 25 | $744.5M | $570.3M | ||
| Q3 25 | $744.1M | $570.0M | ||
| Q2 25 | $743.8M | $569.7M | ||
| Q1 25 | $743.4M | $569.4M | ||
| Q4 24 | $743.0M | $569.2M | ||
| Q3 24 | $742.7M | $568.9M | ||
| Q2 24 | $742.4M | $568.6M | ||
| Q1 24 | $746.1M | $568.3M |
股东权益ACTESTC
| Q4 25 | $5.4B | $891.1M | ||
| Q3 25 | $5.3B | $971.4M | ||
| Q2 25 | $5.2B | $927.2M | ||
| Q1 25 | $5.1B | $859.1M | ||
| Q4 24 | $5.0B | $811.5M | ||
| Q3 24 | $5.0B | $759.4M | ||
| Q2 24 | $4.8B | $738.2M | ||
| Q1 24 | $4.7B | $707.8M |
总资产ACTESTC
| Q4 25 | $6.9B | $2.5B | ||
| Q3 25 | $6.9B | $2.5B | ||
| Q2 25 | $6.8B | $2.6B | ||
| Q1 25 | $6.7B | $2.3B | ||
| Q4 24 | $6.5B | $2.2B | ||
| Q3 24 | $6.6B | $2.2B | ||
| Q2 24 | $6.3B | $2.2B | ||
| Q1 24 | $6.3B | $2.1B |
负债/权益比ACTESTC
| Q4 25 | 0.14× | 0.64× | ||
| Q3 25 | 0.14× | 0.59× | ||
| Q2 25 | 0.14× | 0.61× | ||
| Q1 25 | 0.15× | 0.66× | ||
| Q4 24 | 0.15× | 0.70× | ||
| Q3 24 | 0.15× | 0.75× | ||
| Q2 24 | 0.15× | 0.77× | ||
| Q1 24 | 0.16× | 0.80× |
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 | $26.6M |
| 自由现金流经营现金流 - 资本支出 | — | $26.0M |
| 自由现金流率自由现金流/营收 | — | 6.1% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $302.3M |
8季度趋势，按日历期对齐
经营现金流ACTESTC
| Q4 25 | $724.5M | $26.6M | ||
| Q3 25 | $192.0M | $104.8M | ||
| Q2 25 | $119.5M | $87.0M | ||
| Q1 25 | $226.7M | $88.1M | ||
| Q4 24 | $686.3M | $38.4M | ||
| Q3 24 | $188.1M | $52.8M | ||
| Q2 24 | $144.7M | $60.9M | ||
| Q1 24 | $187.3M | $52.4M |
自由现金流ACTESTC
| Q4 25 | — | $26.0M | ||
| Q3 25 | — | $104.2M | ||
| Q2 25 | — | $84.9M | ||
| Q1 25 | — | $87.3M | ||
| Q4 24 | — | $37.7M | ||
| Q3 24 | — | $52.0M | ||
| Q2 24 | — | $60.1M | ||
| Q1 24 | — | $51.3M |
自由现金流率ACTESTC
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 21.8% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 17.9% | ||
| Q1 24 | — | 15.6% |
资本支出强度ACTESTC
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.3% |
现金转化率ACTESTC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.30× |
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
ACT
暂无分部数据
ESTC
| Self Managed Subscription | $192.0M | 45% |
| Saa S Self Managed Annual | $156.9M | 37% |
| Saa S Self Managed Monthly | $48.8M | 12% |
| Professional Services | $25.8M | 6% |
