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AMC Networks Inc.（AMCX）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是AMC Networks Inc.的1.0倍（$613.5M vs $594.8M），Tyler Technologies净利率更高（13.2% vs -9.3%，领先22.6%），Tyler Technologies同比增速更快（8.6% vs -0.8%），AMC Networks Inc.自由现金流更多（$40.4M vs $2.0M），过去两年Tyler Technologies的营收复合增速更高（6.5% vs -0.1%）
AMC网络公司是总部位于纽约市的美国独立大众传媒娱乐集团，旗下拥有AMC、BBC美国台、IFC、圣丹斯电视、We TV等多个有线频道，还经营纽约IFC中心艺术影院、独立电影公司、动漫版权发行商，以及AMC+、Acorn TV等多个付费订阅流媒体服务。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
AMCX vs TYL — 直观对比
营收规模更大
TYL
是对方的1.0倍
$594.8M
营收增速更快
TYL
高出9.3%
-0.8%
净利率更高
TYL
高出22.6%
-9.3%
自由现金流更多
AMCX
多$38.4M
$2.0M
两年增速更快
TYL
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $594.8M | $613.5M |
| 净利润 | $-55.5M | $81.2M |
| 毛利率 | 49.7% | 48.3% |
| 营业利润率 | -8.6% | 16.3% |
| 净利率 | -9.3% | 13.2% |
| 营收同比 | -0.8% | 8.6% |
| 净利润同比 | 80.5% | — |
| 每股收益（稀释后） | $-0.97 | $1.88 |
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AMCXTYL
| Q1 26 | — | $613.5M | ||
| Q4 25 | $594.8M | $575.2M | ||
| Q3 25 | $561.7M | $595.9M | ||
| Q2 25 | $600.0M | $596.1M | ||
| Q1 25 | $555.2M | $565.2M | ||
| Q4 24 | $599.3M | $541.1M | ||
| Q3 24 | $599.6M | $543.3M | ||
| Q2 24 | $625.9M | $541.0M |
净利润AMCXTYL
| Q1 26 | — | $81.2M | ||
| Q4 25 | $-55.5M | $65.5M | ||
| Q3 25 | $76.5M | $84.4M | ||
| Q2 25 | $50.3M | $84.6M | ||
| Q1 25 | $18.0M | $81.1M | ||
| Q4 24 | $-284.5M | $65.2M | ||
| Q3 24 | $41.4M | $75.9M | ||
| Q2 24 | $-29.2M | $67.7M |
毛利率AMCXTYL
| Q1 26 | — | 48.3% | ||
| Q4 25 | 49.7% | 45.5% | ||
| Q3 25 | 48.2% | 47.2% | ||
| Q2 25 | 52.7% | 45.8% | ||
| Q1 25 | 51.8% | 47.3% | ||
| Q4 24 | 51.2% | 43.8% | ||
| Q3 24 | 52.0% | 43.7% | ||
| Q2 24 | 55.2% | 44.0% |
营业利润率AMCXTYL
| Q1 26 | — | 16.3% | ||
| Q4 25 | -8.6% | 13.0% | ||
| Q3 25 | 9.9% | 16.4% | ||
| Q2 25 | 10.7% | 16.0% | ||
| Q1 25 | 11.6% | 15.8% | ||
| Q4 24 | -42.4% | 13.2% | ||
| Q3 24 | 15.6% | 15.2% | ||
| Q2 24 | 1.7% | 14.4% |
净利率AMCXTYL
| Q1 26 | — | 13.2% | ||
| Q4 25 | -9.3% | 11.4% | ||
| Q3 25 | 13.6% | 14.2% | ||
| Q2 25 | 8.4% | 14.2% | ||
| Q1 25 | 3.3% | 14.3% | ||
| Q4 24 | -47.5% | 12.1% | ||
| Q3 24 | 6.9% | 14.0% | ||
| Q2 24 | -4.7% | 12.5% |
每股收益（稀释后）AMCXTYL
| Q1 26 | — | $1.88 | ||
| Q4 25 | $-0.97 | $1.50 | ||
| Q3 25 | $1.38 | $1.93 | ||
| Q2 25 | $0.91 | $1.93 | ||
| Q1 25 | $0.34 | $1.84 | ||
| Q4 24 | $-6.23 | $1.48 | ||
| Q3 24 | $0.76 | $1.74 | ||
| Q2 24 | $-0.66 | $1.57 |
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 | $502.4M | $346.4M |
| 总债务越低越好 | $1.8B | — |
| 股东权益账面价值 | $981.9M | $3.6B |
| 总资产 | $3.9B | $4.8B |
| 负债/权益比越低杠杆越低 | 1.78× | — |
8季度趋势，按日历期对齐
现金及短期投资AMCXTYL
| Q1 26 | — | $346.4M | ||
| Q4 25 | $502.4M | $1.1B | ||
| Q3 25 | $716.8M | $950.8M | ||
| Q2 25 | $866.4M | $892.3M | ||
| Q1 25 | $870.2M | $807.4M | ||
| Q4 24 | $784.6M | $768.0M | ||
| Q3 24 | $816.4M | $544.3M | ||
| Q2 24 | $802.6M | $258.0M |
总债务AMCXTYL
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $599.7M | ||
| Q3 25 | $1.9B | $599.2M | ||
| Q2 25 | $2.2B | $598.8M | ||
| Q1 25 | $2.3B | $598.4M | ||
| Q4 24 | $2.3B | $597.9M | ||
| Q3 24 | $2.3B | $597.5M | ||
| Q2 24 | $2.4B | $597.1M |
股东权益AMCXTYL
| Q1 26 | — | $3.6B | ||
| Q4 25 | $981.9M | $3.7B | ||
| Q3 25 | $1.1B | $3.6B | ||
| Q2 25 | $971.7M | $3.6B | ||
| Q1 25 | $888.8M | $3.5B | ||
| Q4 24 | $855.6M | $3.4B | ||
| Q3 24 | $1.1B | $3.3B | ||
| Q2 24 | $1.1B | $3.1B |
总资产AMCXTYL
| Q1 26 | — | $4.8B | ||
| Q4 25 | $3.9B | $5.6B | ||
| Q3 25 | $4.2B | $5.5B | ||
| Q2 25 | $4.4B | $5.4B | ||
| Q1 25 | $4.3B | $5.2B | ||
| Q4 24 | $4.4B | $5.2B | ||
| Q3 24 | $4.8B | $5.0B | ||
| Q2 24 | $4.9B | $4.8B |
负债/权益比AMCXTYL
| Q1 26 | — | — | ||
| Q4 25 | 1.78× | 0.16× | ||
| Q3 25 | 1.82× | 0.17× | ||
| Q2 25 | 2.27× | 0.16× | ||
| Q1 25 | 2.62× | 0.17× | ||
| Q4 24 | 2.73× | 0.18× | ||
| Q3 24 | 2.10× | 0.18× | ||
| Q2 24 | 2.26× | 0.19× |
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 | $49.2M | $107.3M |
| 自由现金流经营现金流 - 资本支出 | $40.4M | $2.0M |
| 自由现金流率自由现金流/营收 | 6.8% | 0.3% |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 现金转化率经营现金流/净利润 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | $272.4M | $585.7M |
8季度趋势，按日历期对齐
经营现金流AMCXTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | $49.2M | $243.9M | ||
| Q3 25 | $44.8M | $255.2M | ||
| Q2 25 | $102.8M | $98.3M | ||
| Q1 25 | $108.8M | $56.2M | ||
| Q4 24 | $58.1M | $224.8M | ||
| Q3 24 | $62.2M | $263.7M | ||
| Q2 24 | $104.4M | $64.3M |
自由现金流AMCXTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | $40.4M | $239.6M | ||
| Q3 25 | $42.0M | $251.3M | ||
| Q2 25 | $95.7M | $92.8M | ||
| Q1 25 | $94.2M | $53.8M | ||
| Q4 24 | $37.6M | $221.0M | ||
| Q3 24 | $53.9M | $260.8M | ||
| Q2 24 | $95.2M | $57.7M |
自由现金流率AMCXTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | 6.8% | 41.7% | ||
| Q3 25 | 7.5% | 42.2% | ||
| Q2 25 | 16.0% | 15.6% | ||
| Q1 25 | 17.0% | 9.5% | ||
| Q4 24 | 6.3% | 40.8% | ||
| Q3 24 | 9.0% | 48.0% | ||
| Q2 24 | 15.2% | 10.7% |
资本支出强度AMCXTYL
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 0.8% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 1.2% | 0.9% | ||
| Q1 25 | 2.6% | 0.4% | ||
| Q4 24 | 3.4% | 0.7% | ||
| Q3 24 | 1.4% | 0.5% | ||
| Q2 24 | 1.5% | 1.2% |
现金转化率AMCXTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | — | 3.72× | ||
| Q3 25 | 0.59× | 3.02× | ||
| Q2 25 | 2.04× | 1.16× | ||
| Q1 25 | 6.03× | 0.69× | ||
| Q4 24 | — | 3.45× | ||
| Q3 24 | 1.50× | 3.47× | ||
| Q2 24 | — | 0.95× |
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
AMCX
| Subscription And Circulation | $314.8M | 53% |
| Advertising | $124.9M | 21% |
| Other | $79.1M | 13% |
| License | $74.8M | 13% |
| Related Party | $1.2M | 0% |
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
