vs
黑莓（BB）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
黑莓的季度营收约是RESOURCES CONNECTION, INC.的1.2倍（$141.8M vs $117.7M），黑莓净利率更高（9.7% vs -10.8%，领先20.4%），黑莓同比增速更快（-0.8% vs -19.2%），黑莓自由现金流更多（$17.4M vs $15.6M），过去两年黑莓的营收复合增速更高（17.8% vs -11.8%）
黑莓有限公司（前身为动态研究公司，简称RIM）是加拿大专注于安全通信与物联网领域的软件企业，成立于1984年。早年曾推出黑莓品牌双向寻呼机、智能手机及平板电脑产品，后续转型提供软件与服务，拥有多项核心软件应用专利。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
BB vs RGP — 直观对比
营收规模更大
BB
是对方的1.2倍
$117.7M
营收增速更快
BB
高出18.3%
-19.2%
净利率更高
BB
高出20.4%
-10.8%
自由现金流更多
BB
多$1.8M
$15.6M
两年增速更快
BB
近两年复合增速
-11.8%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $141.8M | $117.7M |
| 净利润 | $13.7M | $-12.7M |
| 毛利率 | 77.5% | 37.1% |
| 营业利润率 | 8.4% | -10.3% |
| 净利率 | 9.7% | -10.8% |
| 营收同比 | -0.8% | -19.2% |
| 净利润同比 | 224.5% | 81.6% |
| 每股收益（稀释后） | $0.02 | $-0.38 |
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BBRGP
| Q4 25 | $141.8M | $117.7M | ||
| Q3 25 | $129.6M | $120.2M | ||
| Q2 25 | $121.7M | $139.3M | ||
| Q1 25 | $141.7M | $129.4M | ||
| Q4 24 | $143.6M | $145.6M | ||
| Q3 24 | $126.2M | $136.9M | ||
| Q2 24 | $123.4M | $148.2M | ||
| Q1 24 | $102.1M | $151.3M |
净利润BBRGP
| Q4 25 | $13.7M | $-12.7M | ||
| Q3 25 | $13.3M | $-2.4M | ||
| Q2 25 | $1.9M | $-73.3M | ||
| Q1 25 | $-7.4M | $-44.1M | ||
| Q4 24 | $-10.5M | $-68.7M | ||
| Q3 24 | $-19.7M | $-5.7M | ||
| Q2 24 | $-41.4M | $10.5M | ||
| Q1 24 | $-56.2M | $2.5M |
毛利率BBRGP
| Q4 25 | 77.5% | 37.1% | ||
| Q3 25 | 74.5% | 39.5% | ||
| Q2 25 | 74.2% | 40.2% | ||
| Q1 25 | 73.5% | 35.1% | ||
| Q4 24 | 78.1% | 38.5% | ||
| Q3 24 | 70.2% | 36.5% | ||
| Q2 24 | 72.9% | 40.2% | ||
| Q1 24 | — | 37.0% |
营业利润率BBRGP
| Q4 25 | 8.4% | -10.3% | ||
| Q3 25 | 8.9% | -1.7% | ||
| Q2 25 | 1.6% | -47.0% | ||
| Q1 25 | -5.6% | -38.4% | ||
| Q4 24 | 13.6% | -52.7% | ||
| Q3 24 | 1.7% | -3.5% | ||
| Q2 24 | -10.5% | 7.6% | ||
| Q1 24 | 50.0% | 2.8% |
净利率BBRGP
| Q4 25 | 9.7% | -10.8% | ||
| Q3 25 | 10.3% | -2.0% | ||
| Q2 25 | 1.6% | -52.6% | ||
| Q1 25 | -5.2% | -34.0% | ||
| Q4 24 | -7.3% | -47.2% | ||
| Q3 24 | -15.6% | -4.2% | ||
| Q2 24 | -33.5% | 7.1% | ||
| Q1 24 | -55.0% | 1.7% |
每股收益（稀释后）BBRGP
| Q4 25 | $0.02 | $-0.38 | ||
| Q3 25 | $0.02 | $-0.07 | ||
| Q2 25 | $0.00 | $-2.21 | ||
| Q1 25 | $-0.01 | $-1.34 | ||
| Q4 24 | $-0.02 | $-2.08 | ||
| Q3 24 | $-0.03 | $-0.17 | ||
| Q2 24 | $-0.07 | $0.31 | ||
| Q1 24 | $-0.08 | $0.08 |
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 | $304.2M | $89.8M |
| 总债务越低越好 | $196.2M | — |
| 股东权益账面价值 | $741.1M | $194.6M |
| 总资产 | $1.2B | $289.3M |
| 负债/权益比越低杠杆越低 | 0.26× | — |
8季度趋势，按日历期对齐
现金及短期投资BBRGP
| Q4 25 | $304.2M | $89.8M | ||
| Q3 25 | $290.5M | $77.5M | ||
| Q2 25 | $306.6M | $86.1M | ||
| Q1 25 | $337.8M | $72.5M | ||
| Q4 24 | $220.0M | $78.2M | ||
| Q3 24 | $211.0M | $89.6M | ||
| Q2 24 | $229.0M | $108.9M | ||
| Q1 24 | $237.1M | $113.8M |
总债务BBRGP
| Q4 25 | $196.2M | — | ||
| Q3 25 | $195.9M | — | ||
| Q2 25 | $195.6M | — | ||
| Q1 25 | $195.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $194.1M | — |
股东权益BBRGP
| Q4 25 | $741.1M | $194.6M | ||
| Q3 25 | $725.1M | $206.4M | ||
| Q2 25 | $725.1M | $207.1M | ||
| Q1 25 | $719.9M | $277.8M | ||
| Q4 24 | $725.2M | $325.7M | ||
| Q3 24 | $732.1M | $407.2M | ||
| Q2 24 | $742.6M | $418.8M | ||
| Q1 24 | $775.1M | $414.9M |
总资产BBRGP
| Q4 25 | $1.2B | $289.3M | ||
| Q3 25 | $1.2B | $287.2M | ||
| Q2 25 | $1.2B | $304.7M | ||
| Q1 25 | $1.3B | $375.6M | ||
| Q4 24 | $1.3B | $424.9M | ||
| Q3 24 | $1.3B | $512.9M | ||
| Q2 24 | $1.3B | $510.9M | ||
| Q1 24 | $1.4B | $523.2M |
负债/权益比BBRGP
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.27× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.25× | — |
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 | $18.3M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $17.4M | $15.6M |
| 自由现金流率自由现金流/营收 | 12.3% | 13.2% |
| 资本支出强度资本支出/营收 | 0.6% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.34× | — |
| 过去12个月自由现金流最近4个季度 | $42.8M | $24.3M |
8季度趋势，按日历期对齐
经营现金流BBRGP
| Q4 25 | $18.3M | $15.9M | ||
| Q3 25 | $3.9M | $-7.8M | ||
| Q2 25 | $-18.0M | $16.8M | ||
| Q1 25 | $41.6M | $659.0K | ||
| Q4 24 | $6.0M | $1.8M | ||
| Q3 24 | $-16.0M | $-309.0K | ||
| Q2 24 | $-15.1M | $3.2M | ||
| Q1 24 | $-15.5M | $20.5M |
自由现金流BBRGP
| Q4 25 | $17.4M | $15.6M | ||
| Q3 25 | $3.1M | $-8.0M | ||
| Q2 25 | $-18.9M | $16.5M | ||
| Q1 25 | $41.2M | $238.0K | ||
| Q4 24 | $5.2M | $61.0K | ||
| Q3 24 | $-16.5M | $-575.0K | ||
| Q2 24 | $-16.5M | $3.0M | ||
| Q1 24 | $-17.6M | $20.4M |
自由现金流率BBRGP
| Q4 25 | 12.3% | 13.2% | ||
| Q3 25 | 2.4% | -6.6% | ||
| Q2 25 | -15.5% | 11.8% | ||
| Q1 25 | 29.1% | 0.2% | ||
| Q4 24 | 3.6% | 0.0% | ||
| Q3 24 | -13.1% | -0.4% | ||
| Q2 24 | -13.4% | 2.1% | ||
| Q1 24 | -17.2% | 13.5% |
资本支出强度BBRGP
| Q4 25 | 0.6% | 0.3% | ||
| Q3 25 | 0.6% | 0.1% | ||
| Q2 25 | 0.7% | 0.2% | ||
| Q1 25 | 0.3% | 0.3% | ||
| Q4 24 | 0.6% | 1.2% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 1.1% | 0.1% | ||
| Q1 24 | 2.1% | 0.1% |
现金转化率BBRGP
| Q4 25 | 1.34× | — | ||
| Q3 25 | 0.29× | — | ||
| Q2 25 | -9.47× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 8.04× |
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
BB
| QNX | $68.7M | 48% |
| Secure Communication | $67.0M | 47% |
| Licensing | $6.1M | 4% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
