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AeroVironment Inc（AVAV）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
AeroVironment Inc的季度营收约是PROGRESS SOFTWARE CORP的1.9倍（$472.5M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -3.6%，领先13.8%），AeroVironment Inc同比增速更快（181.9% vs 17.5%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $-55.9M），过去两年AeroVironment Inc的营收复合增速更高（59.1% vs 17.0%）
AeroVironment是1971年由人力飞机设计师保罗·麦克里迪创立的美国国防科技企业，总部位于弗吉尼亚州阿灵顿，专注于自主系统、反无人机系统及航天系统的研发制造，为美国国防部及多国军方供应渡鸦、弹簧刀、黄蜂、美洲狮等系列中小型无人机产品。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
AVAV vs PRGS — 直观对比
营收规模更大
AVAV
是对方的1.9倍
$252.7M
营收增速更快
AVAV
高出164.3%
17.5%
净利率更高
PRGS
高出13.8%
-3.6%
自由现金流更多
PRGS
多$115.8M
$-55.9M
两年增速更快
AVAV
近两年复合增速
17.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $472.5M | $252.7M |
| 净利润 | $-17.1M | $25.7M |
| 毛利率 | 22.0% | 81.6% |
| 营业利润率 | -6.4% | 15.2% |
| 净利率 | -3.6% | 10.2% |
| 营收同比 | 181.9% | 17.5% |
| 净利润同比 | -875.1% | 2144.6% |
| 每股收益（稀释后） | $-0.34 | $0.59 |
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AVAVPRGS
| Q4 25 | $472.5M | $252.7M | ||
| Q3 25 | $454.7M | $249.8M | ||
| Q2 25 | $275.1M | $237.4M | ||
| Q1 25 | $167.6M | $238.0M | ||
| Q4 24 | $188.5M | $215.0M | ||
| Q3 24 | $189.5M | $178.7M | ||
| Q2 24 | $197.0M | $175.1M | ||
| Q1 24 | $186.6M | $184.7M |
净利润AVAVPRGS
| Q4 25 | $-17.1M | $25.7M | ||
| Q3 25 | $-67.4M | $19.4M | ||
| Q2 25 | $16.7M | $17.0M | ||
| Q1 25 | $-1.8M | $10.9M | ||
| Q4 24 | $7.5M | $1.1M | ||
| Q3 24 | $21.2M | $28.5M | ||
| Q2 24 | $6.0M | $16.2M | ||
| Q1 24 | $13.9M | $22.6M |
毛利率AVAVPRGS
| Q4 25 | 22.0% | 81.6% | ||
| Q3 25 | 20.9% | 81.0% | ||
| Q2 25 | 36.5% | 80.1% | ||
| Q1 25 | 37.7% | 80.6% | ||
| Q4 24 | 39.1% | 83.0% | ||
| Q3 24 | 43.0% | 83.7% | ||
| Q2 24 | 38.4% | 81.7% | ||
| Q1 24 | 36.1% | 82.2% |
营业利润率AVAVPRGS
| Q4 25 | -6.4% | 15.2% | ||
| Q3 25 | -15.2% | 17.6% | ||
| Q2 25 | 5.0% | 16.3% | ||
| Q1 25 | -1.8% | 13.6% | ||
| Q4 24 | 3.7% | 10.0% | ||
| Q3 24 | 12.2% | 22.6% | ||
| Q2 24 | 3.0% | 15.5% | ||
| Q1 24 | 7.7% | 19.0% |
净利率AVAVPRGS
| Q4 25 | -3.6% | 10.2% | ||
| Q3 25 | -14.8% | 7.8% | ||
| Q2 25 | 6.1% | 7.2% | ||
| Q1 25 | -1.0% | 4.6% | ||
| Q4 24 | 4.0% | 0.5% | ||
| Q3 24 | 11.2% | 15.9% | ||
| Q2 24 | 3.1% | 9.2% | ||
| Q1 24 | 7.4% | 12.3% |
每股收益（稀释后）AVAVPRGS
| Q4 25 | $-0.34 | $0.59 | ||
| Q3 25 | $-1.44 | $0.44 | ||
| Q2 25 | $0.59 | $0.39 | ||
| Q1 25 | $-0.06 | $0.24 | ||
| Q4 24 | $0.27 | $0.01 | ||
| Q3 24 | $0.75 | $0.65 | ||
| Q2 24 | $0.18 | $0.37 | ||
| Q1 24 | $0.50 | $0.51 |
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 | $588.5M | $94.8M |
| 总债务越低越好 | $747.5M | $1.4B |
| 股东权益账面价值 | $4.4B | $478.3M |
| 总资产 | $5.6B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.17× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资AVAVPRGS
| Q4 25 | $588.5M | $94.8M | ||
| Q3 25 | $685.8M | $99.0M | ||
| Q2 25 | $40.9M | $102.0M | ||
| Q1 25 | $47.0M | $124.2M | ||
| Q4 24 | $69.0M | $118.1M | ||
| Q3 24 | $81.2M | $232.7M | ||
| Q2 24 | $73.3M | $190.4M | ||
| Q1 24 | $107.7M | $133.2M |
总债务AVAVPRGS
| Q4 25 | $747.5M | $1.4B | ||
| Q3 25 | $747.5M | $1.4B | ||
| Q2 25 | $30.0M | $1.5B | ||
| Q1 25 | $25.0M | $1.5B | ||
| Q4 24 | $15.0M | $1.5B | ||
| Q3 24 | $17.5M | — | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $40.0M | — |
股东权益AVAVPRGS
| Q4 25 | $4.4B | $478.3M | ||
| Q3 25 | $4.4B | $477.7M | ||
| Q2 25 | $886.5M | $452.7M | ||
| Q1 25 | $861.1M | $431.8M | ||
| Q4 24 | $858.4M | $438.8M | ||
| Q3 24 | $845.5M | $425.6M | ||
| Q2 24 | $822.7M | $401.7M | ||
| Q1 24 | $813.0M | $461.7M |
总资产AVAVPRGS
| Q4 25 | $5.6B | $2.5B | ||
| Q3 25 | $5.6B | $2.4B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.0B | $2.5B | ||
| Q3 24 | $999.2M | $1.6B | ||
| Q2 24 | $1.0B | $1.6B | ||
| Q1 24 | $980.3M | $1.5B |
负债/权益比AVAVPRGS
| Q4 25 | 0.17× | 2.93× | ||
| Q3 25 | 0.17× | 2.97× | ||
| Q2 25 | 0.03× | 3.22× | ||
| Q1 25 | 0.03× | 3.50× | ||
| Q4 24 | 0.02× | 3.48× | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.05× | — |
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 | $-45.1M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $-55.9M | $59.9M |
| 自由现金流率自由现金流/营收 | -11.8% | 23.7% |
| 资本支出强度资本支出/营收 | 2.3% | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | $-240.7M | $229.5M |
8季度趋势，按日历期对齐
经营现金流AVAVPRGS
| Q4 25 | $-45.1M | $62.8M | ||
| Q3 25 | $-123.7M | $73.4M | ||
| Q2 25 | $-264.0K | $30.0M | ||
| Q1 25 | $-25.8M | $68.9M | ||
| Q4 24 | $-3.6M | $19.7M | ||
| Q3 24 | $28.4M | $57.7M | ||
| Q2 24 | $-11.7M | $63.7M | ||
| Q1 24 | $52.6M | $70.5M |
自由现金流AVAVPRGS
| Q4 25 | $-55.9M | $59.9M | ||
| Q3 25 | $-146.5M | $72.4M | ||
| Q2 25 | $-8.8M | $29.5M | ||
| Q1 25 | $-29.6M | $67.7M | ||
| Q4 24 | $-8.7M | $16.8M | ||
| Q3 24 | $22.9M | $56.6M | ||
| Q2 24 | $-20.8M | $62.7M | ||
| Q1 24 | $48.8M | $70.2M |
自由现金流率AVAVPRGS
| Q4 25 | -11.8% | 23.7% | ||
| Q3 25 | -32.2% | 29.0% | ||
| Q2 25 | -3.2% | 12.4% | ||
| Q1 25 | -17.7% | 28.4% | ||
| Q4 24 | -4.6% | 7.8% | ||
| Q3 24 | 12.1% | 31.7% | ||
| Q2 24 | -10.5% | 35.8% | ||
| Q1 24 | 26.1% | 38.0% |
资本支出强度AVAVPRGS
| Q4 25 | 2.3% | 1.1% | ||
| Q3 25 | 5.0% | 0.4% | ||
| Q2 25 | 3.1% | 0.2% | ||
| Q1 25 | 2.3% | 0.5% | ||
| Q4 24 | 2.7% | 1.3% | ||
| Q3 24 | 2.9% | 0.6% | ||
| Q2 24 | 4.6% | 0.5% | ||
| Q1 24 | 2.0% | 0.2% |
现金转化率AVAVPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | -0.02× | 1.76× | ||
| Q1 25 | — | 6.30× | ||
| Q4 24 | -0.48× | 17.13× | ||
| Q3 24 | 1.34× | 2.03× | ||
| Q2 24 | -1.93× | 3.93× | ||
| Q1 24 | 3.79× | 3.11× |
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
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
