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APOGEE ENTERPRISES, INC.（APOG）与BLACKBAUD INC（BLKB）财务数据对比。点击上方公司名可切换其他公司
APOGEE ENTERPRISES, INC.的季度营收约是BLACKBAUD INC的1.2倍（$351.4M vs $281.1M），BLACKBAUD INC净利率更高（11.1% vs 4.7%，领先6.3%），BLACKBAUD INC同比增速更快（4.2% vs 1.6%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs -1.1%）
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
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。
APOG vs BLKB — 直观对比
营收规模更大
APOG
是对方的1.2倍
$281.1M
营收增速更快
BLKB
高出2.6%
1.6%
净利率更高
BLKB
高出6.3%
4.7%
两年增速更快
APOG
近两年复合增速
-1.1%
损益表 — Q4 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $281.1M |
| 净利润 | $16.6M | $31.1M |
| 毛利率 | 22.4% | 59.2% |
| 营业利润率 | 7.3% | 18.3% |
| 净利率 | 4.7% | 11.1% |
| 营收同比 | 1.6% | 4.2% |
| 净利润同比 | 568.8% | 620.3% |
| 每股收益（稀释后） | $0.78 | $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APOGBLKB
| Q1 26 | $351.4M | $281.1M | ||
| Q4 25 | $348.6M | $295.3M | ||
| Q3 25 | $358.2M | $281.1M | ||
| Q2 25 | $346.6M | $282.0M | ||
| Q1 25 | $345.7M | $269.9M | ||
| Q4 24 | $341.3M | $302.1M | ||
| Q3 24 | $342.4M | $286.6M | ||
| Q2 24 | $331.5M | $287.3M |
净利润APOGBLKB
| Q1 26 | $16.6M | $31.1M | ||
| Q4 25 | $16.5M | $36.7M | ||
| Q3 25 | $23.6M | $47.5M | ||
| Q2 25 | $-2.7M | $26.5M | ||
| Q1 25 | $2.5M | $4.3M | ||
| Q4 24 | $21.0M | $-346.4M | ||
| Q3 24 | $30.6M | $18.3M | ||
| Q2 24 | $31.0M | $21.2M |
毛利率APOGBLKB
| Q1 26 | 22.4% | 59.2% | ||
| Q4 25 | 23.8% | 58.3% | ||
| Q3 25 | 23.1% | 59.6% | ||
| Q2 25 | 21.7% | 59.7% | ||
| Q1 25 | 21.6% | 57.5% | ||
| Q4 24 | 26.1% | 53.8% | ||
| Q3 24 | 28.4% | 54.9% | ||
| Q2 24 | 29.8% | 56.0% |
营业利润率APOGBLKB
| Q1 26 | 7.3% | 18.3% | ||
| Q4 25 | 7.1% | 20.0% | ||
| Q3 25 | 7.5% | 19.4% | ||
| Q2 25 | 2.0% | 20.3% | ||
| Q1 25 | 1.8% | 7.3% | ||
| Q4 24 | 8.4% | -121.5% | ||
| Q3 24 | 12.3% | 14.4% | ||
| Q2 24 | 12.5% | 14.4% |
净利率APOGBLKB
| Q1 26 | 4.7% | 11.1% | ||
| Q4 25 | 4.7% | 12.4% | ||
| Q3 25 | 6.6% | 16.9% | ||
| Q2 25 | -0.8% | 9.4% | ||
| Q1 25 | 0.7% | 1.6% | ||
| Q4 24 | 6.1% | -114.6% | ||
| Q3 24 | 8.9% | 6.4% | ||
| Q2 24 | 9.4% | 7.4% |
每股收益（稀释后）APOGBLKB
| Q1 26 | $0.78 | $0.67 | ||
| Q4 25 | $0.77 | $0.75 | ||
| Q3 25 | $1.10 | $0.98 | ||
| Q2 25 | $-0.13 | $0.55 | ||
| Q1 25 | $0.12 | $0.09 | ||
| Q4 24 | $0.96 | $-6.82 | ||
| Q3 24 | $1.40 | $0.35 | ||
| Q2 24 | $1.41 | $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 | $39.5M | $34.1M |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | $34.6M |
| 总资产 | $1.1B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资APOGBLKB
| Q1 26 | $39.5M | $34.1M | ||
| Q4 25 | $41.3M | $38.9M | ||
| Q3 25 | $39.5M | $38.3M | ||
| Q2 25 | $32.8M | $41.6M | ||
| Q1 25 | $41.4M | $37.2M | ||
| Q4 24 | $43.9M | $67.6M | ||
| Q3 24 | $51.0M | $34.6M | ||
| Q2 24 | $30.4M | $30.4M |
总债务APOGBLKB
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.0B |
股东权益APOGBLKB
| Q1 26 | $511.8M | $34.6M | ||
| Q4 25 | $512.3M | $85.1M | ||
| Q3 25 | $500.2M | $108.2M | ||
| Q2 25 | $481.8M | $72.7M | ||
| Q1 25 | $487.9M | $17.5M | ||
| Q4 24 | $522.1M | $126.8M | ||
| Q3 24 | $506.4M | $544.8M | ||
| Q2 24 | $480.0M | $577.5M |
总资产APOGBLKB
| Q1 26 | $1.1B | $2.1B | ||
| Q4 25 | $1.1B | $2.4B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | $1.2B | $2.6B | ||
| Q1 25 | $1.2B | $2.1B | ||
| Q4 24 | $1.2B | $2.5B | ||
| Q3 24 | $917.1M | $2.6B | ||
| Q2 24 | $889.0M | $3.0B |
负债/权益比APOGBLKB
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 13.06× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | 8.50× | ||
| Q3 24 | — | 1.84× | ||
| Q2 24 | — | 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 | $122.5M | $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 | 7.8% | — |
| 现金转化率经营现金流/净利润 | 7.37× | 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APOGBLKB
| Q1 26 | $122.5M | $51.5M | ||
| Q4 25 | $29.3M | $58.0M | ||
| Q3 25 | $57.1M | $139.2M | ||
| Q2 25 | $-19.8M | $66.9M | ||
| Q1 25 | $30.0M | $1.4M | ||
| Q4 24 | $31.0M | $73.6M | ||
| Q3 24 | $58.7M | $104.0M | ||
| Q2 24 | $5.5M | $53.1M |
自由现金流APOGBLKB
| Q1 26 | — | $37.0M | ||
| Q4 25 | $22.9M | $55.0M | ||
| Q3 25 | $52.4M | $135.7M | ||
| Q2 25 | $-26.9M | $66.3M | ||
| Q1 25 | $19.1M | $712.0K | ||
| Q4 24 | $22.0M | $73.4M | ||
| Q3 24 | $50.2M | $102.9M | ||
| Q2 24 | $-1.8M | $48.0M |
自由现金流率APOGBLKB
| Q1 26 | — | 13.2% | ||
| Q4 25 | 6.6% | 18.6% | ||
| Q3 25 | 14.6% | 48.3% | ||
| Q2 25 | -7.8% | 23.5% | ||
| Q1 25 | 5.5% | 0.3% | ||
| Q4 24 | 6.4% | 24.3% | ||
| Q3 24 | 14.7% | 35.9% | ||
| Q2 24 | -0.5% | 16.7% |
资本支出强度APOGBLKB
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 1.0% | ||
| Q3 25 | 1.3% | 1.2% | ||
| Q2 25 | 2.1% | 0.2% | ||
| Q1 25 | 3.2% | 0.3% | ||
| Q4 24 | 2.6% | 0.1% | ||
| Q3 24 | 2.5% | 0.4% | ||
| Q2 24 | 2.2% | 1.8% |
现金转化率APOGBLKB
| Q1 26 | 7.37× | 1.65× | ||
| Q4 25 | 1.77× | 1.58× | ||
| Q3 25 | 2.41× | 2.93× | ||
| Q2 25 | — | 2.53× | ||
| Q1 25 | 12.08× | 0.32× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 5.69× | ||
| Q2 24 | 0.18× | 2.50× |
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
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
BLKB
暂无分部数据
