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Bandwidth Inc.（BAND）与PATHWARD FINANCIAL, INC.（CASH）财务数据对比。点击上方公司名可切换其他公司
PATHWARD FINANCIAL, INC.的季度营收约是Bandwidth Inc.的1.3倍（$276.3M vs $208.8M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 1.9%，领先24.5%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 9.7%）
Bandwidth Inc.是一家通信平台即服务提供商，依托自有全球IP语音网络，为客户提供语音、短信及应急服务相关的软件API产品，帮助开发者便捷集成通信功能，全球客户可借助其方案快速搭建符合需求的通信服务体系。
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
BAND vs CASH — 直观对比
营收规模更大
CASH
是对方的1.3倍
$208.8M
净利率更高
CASH
高出24.5%
1.9%
两年增速更快
CASH
近两年复合增速
9.7%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $208.8M | $276.3M |
| 净利润 | $4.0M | $72.9M |
| 毛利率 | 37.3% | — |
| 营业利润率 | 60.5% | — |
| 净利率 | 1.9% | 26.4% |
| 营收同比 | 20.1% | — |
| 净利润同比 | 200.0% | — |
| 每股收益（稀释后） | $-0.08 | $3.35 |
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BANDCASH
| Q1 26 | $208.8M | $276.3M | ||
| Q4 25 | $207.7M | $173.1M | ||
| Q3 25 | $191.9M | $186.7M | ||
| Q2 25 | $180.0M | $195.8M | ||
| Q1 25 | $174.2M | $274.8M | ||
| Q4 24 | $210.0M | $182.6M | ||
| Q3 24 | $193.9M | $179.5M | ||
| Q2 24 | $173.6M | $188.6M |
净利润BANDCASH
| Q1 26 | $4.0M | $72.9M | ||
| Q4 25 | — | $35.2M | ||
| Q3 25 | $-1.2M | $38.8M | ||
| Q2 25 | $-4.9M | $42.1M | ||
| Q1 25 | $-3.7M | $75.0M | ||
| Q4 24 | — | $30.0M | ||
| Q3 24 | $413.0K | $33.5M | ||
| Q2 24 | $4.1M | $44.9M |
毛利率BANDCASH
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 41.0% | — | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 37.3% | — |
营业利润率BANDCASH
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | 24.6% | ||
| Q3 25 | -1.0% | 25.9% | ||
| Q2 25 | -2.1% | 24.1% | ||
| Q1 25 | -2.7% | 33.2% | ||
| Q4 24 | -1.3% | 19.8% | ||
| Q3 24 | -0.5% | 20.9% | ||
| Q2 24 | -3.5% | 27.1% |
净利率BANDCASH
| Q1 26 | 1.9% | 26.4% | ||
| Q4 25 | — | 20.3% | ||
| Q3 25 | -0.6% | 20.8% | ||
| Q2 25 | -2.7% | 21.5% | ||
| Q1 25 | -2.1% | 27.3% | ||
| Q4 24 | — | 16.4% | ||
| Q3 24 | 0.2% | 18.7% | ||
| Q2 24 | 2.3% | 23.8% |
每股收益（稀释后）BANDCASH
| Q1 26 | $-0.08 | $3.35 | ||
| Q4 25 | $-0.10 | $1.57 | ||
| Q3 25 | $-0.04 | $1.69 | ||
| Q2 25 | $-0.16 | $1.81 | ||
| Q1 25 | $-0.13 | $3.14 | ||
| Q4 24 | $0.27 | $1.23 | ||
| Q3 24 | $0.01 | $1.34 | ||
| Q2 24 | $-0.17 | $1.78 |
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 | $47.3M | $157.6M |
| 总债务越低越好 | — | $59.5M |
| 股东权益账面价值 | $405.7M | $850.7M |
| 总资产 | $984.2M | $7.1B |
| 负债/权益比越低杠杆越低 | — | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资BANDCASH
| Q1 26 | $47.3M | $157.6M | ||
| Q4 25 | $111.3M | $331.2M | ||
| Q3 25 | $80.4M | $120.6M | ||
| Q2 25 | $68.1M | $258.3M | ||
| Q1 25 | $41.7M | $254.2M | ||
| Q4 24 | $83.8M | $597.4M | ||
| Q3 24 | $79.9M | $158.3M | ||
| Q2 24 | $76.4M | $298.9M |
总债务BANDCASH
| Q1 26 | — | $59.5M | ||
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | — | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | $33.4M | ||
| Q2 24 | — | $33.3M |
股东权益BANDCASH
| Q1 26 | $405.7M | $850.7M | ||
| Q4 25 | $400.0M | $854.5M | ||
| Q3 25 | $392.7M | $858.0M | ||
| Q2 25 | $384.5M | $819.0M | ||
| Q1 25 | $345.4M | $814.7M | ||
| Q4 24 | $312.5M | $758.3M | ||
| Q3 24 | $336.6M | $822.5M | ||
| Q2 24 | $307.4M | $748.4M |
总资产BANDCASH
| Q1 26 | $984.2M | $7.1B | ||
| Q4 25 | $1.1B | $7.6B | ||
| Q3 25 | $1.0B | $7.2B | ||
| Q2 25 | $1.0B | $7.2B | ||
| Q1 25 | $964.4M | $7.0B | ||
| Q4 24 | $989.2M | $7.6B | ||
| Q3 24 | $1.0B | $7.5B | ||
| Q2 24 | $1.0B | $7.5B |
负债/权益比BANDCASH
| Q1 26 | — | 0.07× | ||
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | — |
| 自由现金流率自由现金流/营收 | -0.5% | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流BANDCASH
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $108.3M | ||
| Q3 25 | $22.2M | $303.7M | ||
| Q2 25 | $31.7M | $30.4M | ||
| Q1 25 | $-3.1M | $188.3M | ||
| Q4 24 | $36.5M | $-71.7M | ||
| Q3 24 | $20.5M | $143.1M | ||
| Q2 24 | $24.4M | $113.2M |
自由现金流BANDCASH
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $104.1M | ||
| Q3 25 | — | $300.3M | ||
| Q2 25 | — | $27.7M | ||
| Q1 25 | — | $184.7M | ||
| Q4 24 | — | $-73.8M | ||
| Q3 24 | — | $138.8M | ||
| Q2 24 | — | $111.0M |
自由现金流率BANDCASH
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 60.1% | ||
| Q3 25 | — | 160.9% | ||
| Q2 25 | — | 14.1% | ||
| Q1 25 | — | 67.2% | ||
| Q4 24 | — | -40.4% | ||
| Q3 24 | — | 77.3% | ||
| Q2 24 | — | 58.8% |
资本支出强度BANDCASH
| Q1 26 | — | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.2% |
现金转化率BANDCASH
| Q1 26 | — | — | ||
| Q4 25 | — | 3.08× | ||
| Q3 25 | — | 7.83× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 2.51× | ||
| Q4 24 | — | -2.39× | ||
| Q3 24 | 49.55× | 4.27× | ||
| Q2 24 | 6.03× | 2.52× |
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
BAND
暂无分部数据
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
