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BGSF, INC.（BGSF）与DLH Holdings Corp.（DLHC）财务数据对比。点击上方公司名可切换其他公司
DLH Holdings Corp.的季度营收约是BGSF, INC.的3.1倍（$68.9M vs $22.0M）。DLH Holdings Corp.净利率更高（-1.9% vs -5.3%，领先3.3%）。BGSF, INC.同比增速更快（-9.4% vs -24.1%）。BGSF, INC.自由现金流更多（$1.7M vs $-4.8M）。过去两年BGSF, INC.的营收复合增速更高（-5.3% vs -17.4%）
BGSF Inc.是一家总部位于美国的领先人力资源解决方案提供商，提供定制化人员派遣、人才招聘和全流程劳动力管理服务，覆盖信息技术、医疗健康、专业行政、轻工业、创意产业等核心领域，服务北美各规模的企业客户。
DLH Holdings Corp.是一家总部位于美国的政府服务供应商，主要为退伍军人事务部、国防部、卫生与公众服务部等联邦机构提供技术赋能的医疗、物流、工程及任务支持服务，同时服务部分州及地方公共部门客户。
BGSF vs DLHC — 直观对比
营收规模更大
DLHC
是对方的3.1倍
$22.0M
营收增速更快
BGSF
高出14.7%
-24.1%
净利率更高
DLHC
高出3.3%
-5.3%
自由现金流更多
BGSF
多$6.5M
$-4.8M
两年增速更快
BGSF
近两年复合增速
-17.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $22.0M | $68.9M |
| 净利润 | $-1.2M | $-1.3M |
| 毛利率 | 35.0% | — |
| 营业利润率 | -17.6% | 2.1% |
| 净利率 | -5.3% | -1.9% |
| 营收同比 | -9.4% | -24.1% |
| 净利润同比 | -18.2% | -218.7% |
| 每股收益（稀释后） | $-0.12 | $-0.09 |
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BGSFDLHC
| Q4 25 | $22.0M | $68.9M | ||
| Q3 25 | $26.9M | $81.2M | ||
| Q2 25 | $23.5M | $83.3M | ||
| Q1 25 | $20.9M | $89.2M | ||
| Q4 24 | $24.3M | $90.8M | ||
| Q3 24 | $29.8M | $96.4M | ||
| Q2 24 | $25.7M | $100.7M | ||
| Q1 24 | $24.5M | $101.0M |
净利润BGSFDLHC
| Q4 25 | $-1.2M | $-1.3M | ||
| Q3 25 | $-5.8M | $-920.0K | ||
| Q2 25 | $-3.7M | $289.0K | ||
| Q1 25 | $-722.0K | $878.0K | ||
| Q4 24 | $-981.0K | $1.1M | ||
| Q3 24 | $-804.0K | $2.3M | ||
| Q2 24 | $-761.0K | $1.1M | ||
| Q1 24 | $-792.0K | $1.8M |
毛利率BGSFDLHC
| Q4 25 | 35.0% | — | ||
| Q3 25 | 35.9% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 36.2% | — | ||
| Q4 24 | 35.9% | — | ||
| Q3 24 | 35.9% | — | ||
| Q2 24 | 37.3% | — | ||
| Q1 24 | 38.1% | — |
营业利润率BGSFDLHC
| Q4 25 | -17.6% | 2.1% | ||
| Q3 25 | -3.5% | 2.8% | ||
| Q2 25 | -18.8% | 4.5% | ||
| Q1 25 | 1.6% | 5.7% | ||
| Q4 24 | -15.7% | 6.2% | ||
| Q3 24 | -3.4% | 6.6% | ||
| Q2 24 | -5.7% | 5.7% | ||
| Q1 24 | 1.7% | 5.9% |
净利率BGSFDLHC
| Q4 25 | -5.3% | -1.9% | ||
| Q3 25 | -21.6% | -1.1% | ||
| Q2 25 | -15.9% | 0.3% | ||
| Q1 25 | -3.5% | 1.0% | ||
| Q4 24 | -4.0% | 1.2% | ||
| Q3 24 | -2.7% | 2.4% | ||
| Q2 24 | -3.0% | 1.1% | ||
| Q1 24 | -3.2% | 1.8% |
每股收益（稀释后）BGSFDLHC
| Q4 25 | $-0.12 | $-0.09 | ||
| Q3 25 | $-0.52 | $-0.07 | ||
| Q2 25 | $-0.34 | $0.02 | ||
| Q1 25 | $-0.06 | $0.06 | ||
| Q4 24 | — | $0.08 | ||
| Q3 24 | $-0.07 | $0.16 | ||
| Q2 24 | $-0.07 | $0.08 | ||
| Q1 24 | — | $0.12 |
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 | — | $257.0K |
| 总债务越低越好 | — | $133.5M |
| 股东权益账面价值 | $48.1M | $112.2M |
| 总资产 | $57.8M | $283.5M |
| 负债/权益比越低杠杆越低 | — | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资BGSFDLHC
| Q4 25 | — | $257.0K | ||
| Q3 25 | $41.2M | $125.0K | ||
| Q2 25 | $2.8M | $194.0K | ||
| Q1 25 | $2.0M | $196.0K | ||
| Q4 24 | $32.0K | $451.0K | ||
| Q3 24 | $262 | $342.0K | ||
| Q2 24 | $226 | $423.0K | ||
| Q1 24 | $50 | $238.0K |
总债务BGSFDLHC
| Q4 25 | — | $133.5M | ||
| Q3 25 | — | $128.0M | ||
| Q2 25 | — | $138.3M | ||
| Q1 25 | — | $147.3M | ||
| Q4 24 | — | $162.2M | ||
| Q3 24 | — | $149.4M | ||
| Q2 24 | — | $160.9M | ||
| Q1 24 | — | $164.8M |
股东权益BGSFDLHC
| Q4 25 | $48.1M | $112.2M | ||
| Q3 25 | $50.7M | $113.0M | ||
| Q2 25 | $78.3M | $113.7M | ||
| Q1 25 | $81.8M | $112.8M | ||
| Q4 24 | $82.3M | $111.4M | ||
| Q3 24 | $82.9M | $110.1M | ||
| Q2 24 | $83.2M | $108.6M | ||
| Q1 24 | $83.6M | $106.8M |
总资产BGSFDLHC
| Q4 25 | $57.8M | $283.5M | ||
| Q3 25 | $83.6M | $290.7M | ||
| Q2 25 | $149.7M | $299.3M | ||
| Q1 25 | $152.3M | $306.6M | ||
| Q4 24 | $150.1M | $325.0M | ||
| Q3 24 | $157.3K | $314.4M | ||
| Q2 24 | $159.8K | $325.0M | ||
| Q1 24 | $170.6K | $325.9M |
负债/权益比BGSFDLHC
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.22× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | — | 1.46× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.48× | ||
| Q1 24 | — | 1.54× |
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 | $1.7M | $-4.8M |
| 自由现金流经营现金流 - 资本支出 | $1.7M | $-4.8M |
| 自由现金流率自由现金流/营收 | 7.6% | -7.0% |
| 资本支出强度资本支出/营收 | 0.1% | 0.1% |
| 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 | $-16.0K | $29.2M |
8季度趋势，按日历期对齐
经营现金流BGSFDLHC
| Q4 25 | $1.7M | $-4.8M | ||
| Q3 25 | $-4.8M | $10.7M | ||
| Q2 25 | $2.2M | $9.6M | ||
| Q1 25 | $1.1M | $14.5M | ||
| Q4 24 | $3.2M | $-11.5M | ||
| Q3 24 | $6.5M | $12.4M | ||
| Q2 24 | $7.3M | $4.6M | ||
| Q1 24 | $7.4M | $5.2M |
自由现金流BGSFDLHC
| Q4 25 | $1.7M | $-4.8M | ||
| Q3 25 | $-4.9M | $10.7M | ||
| Q2 25 | $2.1M | $9.4M | ||
| Q1 25 | $1.0M | $14.0M | ||
| Q4 24 | $2.5M | $-12.1M | ||
| Q3 24 | $6.5M | $12.2M | ||
| Q2 24 | $7.3M | $4.5M | ||
| Q1 24 | $6.9M | $4.9M |
自由现金流率BGSFDLHC
| Q4 25 | 7.6% | -7.0% | ||
| Q3 25 | -18.1% | 13.1% | ||
| Q2 25 | 9.1% | 11.2% | ||
| Q1 25 | 5.0% | 15.6% | ||
| Q4 24 | 10.2% | -13.3% | ||
| Q3 24 | 21.7% | 12.7% | ||
| Q2 24 | 28.5% | 4.4% | ||
| Q1 24 | 28.1% | 4.9% |
资本支出强度BGSFDLHC
| Q4 25 | 0.1% | 0.1% | ||
| Q3 25 | 0.4% | 0.0% | ||
| Q2 25 | 0.0% | 0.3% | ||
| Q1 25 | 0.1% | 0.6% | ||
| Q4 24 | 3.0% | 0.6% | ||
| Q3 24 | 0.0% | 0.2% | ||
| Q2 24 | 0.0% | 0.2% | ||
| Q1 24 | 2.0% | 0.3% |
现金转化率BGSFDLHC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 33.12× | ||
| Q1 25 | — | 16.52× | ||
| Q4 24 | — | -10.35× | ||
| Q3 24 | — | 5.42× | ||
| Q2 24 | — | 4.06× | ||
| Q1 24 | — | 2.89× |
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
BGSF
暂无分部数据
DLHC
| Sales Channel Directly To Consumer | $64.5M | 94% |
| Sales Channel Through Intermediary | $4.4M | 6% |
