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ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是ALTISOURCE PORTFOLIO SOLUTIONS S.A.的1.5倍（$62.4M vs $42.3M），PDF SOLUTIONS INC净利率更高（-0.1% vs -16.8%，领先16.8%），PDF SOLUTIONS INC同比增速更快（24.6% vs 3.2%），PDF SOLUTIONS INC自由现金流更多（$7.5M vs $-525.0K），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 3.6%）
Altisource Portfolio Solutions S.A.是面向抵押贷款、房地产及消费金融领域的全球服务商，为贷款机构、服务商、投资者等市场参与者提供技术、数据与运营解决方案，优化资产管理、房产交易等业务流程，提升客户运营效率。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
ASPS vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.5倍
$42.3M
营收增速更快
PDFS
高出21.4%
3.2%
净利率更高
PDFS
高出16.8%
-16.8%
自由现金流更多
PDFS
多$8.1M
$-525.0K
两年增速更快
PDFS
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $62.4M |
| 净利润 | $-7.1M | $-48.0K |
| 毛利率 | 26.5% | 72.9% |
| 营业利润率 | -15.5% | 5.5% |
| 净利率 | -16.8% | -0.1% |
| 营收同比 | 3.2% | 24.6% |
| 净利润同比 | 18.2% | -108.9% |
| 每股收益（稀释后） | $-1.02 | $0.00 |
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ASPSPDFS
| Q4 25 | $42.3M | $62.4M | ||
| Q3 25 | $41.9M | $57.1M | ||
| Q2 25 | $43.3M | $51.7M | ||
| Q1 25 | $43.4M | $47.8M | ||
| Q4 24 | $41.0M | $50.1M | ||
| Q3 24 | $40.5M | $46.4M | ||
| Q2 24 | $39.1M | $41.7M | ||
| Q1 24 | $39.5M | $41.3M |
净利润ASPSPDFS
| Q4 25 | $-7.1M | $-48.0K | ||
| Q3 25 | $-2.3M | $1.3M | ||
| Q2 25 | $16.7M | $1.1M | ||
| Q1 25 | $-5.3M | $-3.0M | ||
| Q4 24 | $-8.7M | $539.0K | ||
| Q3 24 | $-9.3M | $2.2M | ||
| Q2 24 | $-8.3M | $1.7M | ||
| Q1 24 | $-9.2M | $-393.0K |
毛利率ASPSPDFS
| Q4 25 | 26.5% | 72.9% | ||
| Q3 25 | 27.1% | 72.3% | ||
| Q2 25 | 30.1% | 71.2% | ||
| Q1 25 | 30.7% | 72.9% | ||
| Q4 24 | 30.3% | 68.3% | ||
| Q3 24 | 29.8% | 73.1% | ||
| Q2 24 | 32.5% | 70.6% | ||
| Q1 24 | 31.2% | 67.3% |
营业利润率ASPSPDFS
| Q4 25 | -15.5% | 5.5% | ||
| Q3 25 | 1.2% | 8.5% | ||
| Q2 25 | 7.5% | 2.2% | ||
| Q1 25 | 7.5% | -7.4% | ||
| Q4 24 | 1.4% | 1.0% | ||
| Q3 24 | 2.7% | 4.6% | ||
| Q2 24 | 5.3% | 0.6% | ||
| Q1 24 | -1.4% | -4.7% |
净利率ASPSPDFS
| Q4 25 | -16.8% | -0.1% | ||
| Q3 25 | -5.5% | 2.3% | ||
| Q2 25 | 38.5% | 2.2% | ||
| Q1 25 | -12.1% | -6.3% | ||
| Q4 24 | -21.3% | 1.1% | ||
| Q3 24 | -23.0% | 4.8% | ||
| Q2 24 | -21.1% | 4.1% | ||
| Q1 24 | -23.2% | -1.0% |
每股收益（稀释后）ASPSPDFS
| Q4 25 | $-1.02 | $0.00 | ||
| Q3 25 | $-0.22 | $0.03 | ||
| Q2 25 | $1.48 | $0.03 | ||
| Q1 25 | $-0.09 | $-0.08 | ||
| Q4 24 | $-4.72 | $0.01 | ||
| Q3 24 | $-2.61 | $0.06 | ||
| Q2 24 | $-2.33 | $0.04 | ||
| Q1 24 | $-0.33 | $-0.01 |
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 | $26.6M | $42.2M |
| 总债务越低越好 | $191.1M | $67.0M |
| 股东权益账面价值 | $-110.2M | $271.0M |
| 总资产 | $139.8M | $418.7M |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资ASPSPDFS
| Q4 25 | $26.6M | $42.2M | ||
| Q3 25 | $28.6M | $35.9M | ||
| Q2 25 | $30.0M | $40.4M | ||
| Q1 25 | $30.8M | $54.1M | ||
| Q4 24 | $29.8M | $114.9M | ||
| Q3 24 | $28.3M | $120.2M | ||
| Q2 24 | $29.7M | $117.9M | ||
| Q1 24 | $29.6M | $122.9M |
总债务ASPSPDFS
| Q4 25 | $191.1M | $67.0M | ||
| Q3 25 | $192.5M | $67.6M | ||
| Q2 25 | $193.9M | $68.1M | ||
| Q1 25 | $195.0M | $68.7M | ||
| Q4 24 | $230.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ASPSPDFS
| Q4 25 | $-110.2M | $271.0M | ||
| Q3 25 | $-104.2M | $264.4M | ||
| Q2 25 | $-102.7M | $257.5M | ||
| Q1 25 | $-119.8M | $249.0M | ||
| Q4 24 | $-157.4M | $246.0M | ||
| Q3 24 | $-149.4M | $240.5M | ||
| Q2 24 | $-140.8M | $232.2M | ||
| Q1 24 | $-133.3M | $225.4M |
总资产ASPSPDFS
| Q4 25 | $139.8M | $418.7M | ||
| Q3 25 | $139.9M | $406.4M | ||
| Q2 25 | $142.9M | $391.1M | ||
| Q1 25 | $145.7M | $390.0M | ||
| Q4 24 | $143.6M | $315.3M | ||
| Q3 24 | $144.5M | $307.4M | ||
| Q2 24 | $146.6M | $298.0M | ||
| Q1 24 | $148.9M | $286.8M |
负债/权益比ASPSPDFS
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-505.0K | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | $7.5M |
| 自由现金流率自由现金流/营收 | -1.2% | 12.1% |
| 资本支出强度资本支出/营收 | 0.0% | 15.7% |
| 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 | $-5.1M | $-8.6M |
8季度趋势，按日历期对齐
经营现金流ASPSPDFS
| Q4 25 | $-505.0K | $17.3M | ||
| Q3 25 | $718.0K | $3.3M | ||
| Q2 25 | $-306.0K | $-5.2M | ||
| Q1 25 | $-5.0M | $8.6M | ||
| Q4 24 | $-1.4M | $1.6M | ||
| Q3 24 | $-1.6M | $9.3M | ||
| Q2 24 | $180.0K | $684.0K | ||
| Q1 24 | $-2.2M | $-1.9M |
自由现金流ASPSPDFS
| Q4 25 | $-525.0K | $7.5M | ||
| Q3 25 | $697.0K | $-2.9M | ||
| Q2 25 | $-309.0K | $-13.8M | ||
| Q1 25 | $-5.0M | $535.0K | ||
| Q4 24 | $-1.4M | $-4.0M | ||
| Q3 24 | — | $5.1M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $-3.9M |
自由现金流率ASPSPDFS
| Q4 25 | -1.2% | 12.1% | ||
| Q3 25 | 1.7% | -5.1% | ||
| Q2 25 | -0.7% | -26.6% | ||
| Q1 25 | -11.5% | 1.1% | ||
| Q4 24 | -3.4% | -8.0% | ||
| Q3 24 | — | 11.0% | ||
| Q2 24 | — | -11.1% | ||
| Q1 24 | — | -9.4% |
资本支出强度ASPSPDFS
| Q4 25 | 0.0% | 15.7% | ||
| Q3 25 | 0.1% | 10.8% | ||
| Q2 25 | 0.0% | 16.5% | ||
| Q1 25 | 0.1% | 17.0% | ||
| Q4 24 | 0.0% | 11.3% | ||
| Q3 24 | 0.0% | 9.0% | ||
| Q2 24 | 0.0% | 12.8% | ||
| Q1 24 | 0.0% | 4.9% |
现金转化率ASPSPDFS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | -0.02× | -4.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 4.20× | ||
| Q2 24 | — | 0.40× | ||
| 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
ASPS
| Services | $39.9M | 94% |
| Revenue Relatedto Technology Platformsand Professional Services | $2.4M | 6% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
