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BILL Holdings, Inc.（BILL）与ESCO TECHNOLOGIES INC（ESE）财务数据对比。点击上方公司名可切换其他公司
BILL Holdings, Inc.的季度营收约是ESCO TECHNOLOGIES INC的1.4倍（$414.7M vs $289.7M），ESCO TECHNOLOGIES INC净利率更高（9.9% vs -0.6%，领先10.5%），ESCO TECHNOLOGIES INC同比增速更快（17.3% vs 14.4%），BILL Holdings, Inc.自由现金流更多（$103.8M vs $63.0M），过去两年BILL Holdings, Inc.的营收复合增速更高（13.3% vs 7.8%）
BILL Holdings, Inc. 是总部位于美国加利福尼亚州圣何塞的企业，专注为美国小型企业提供自动化云原生财务运营软件。旗下Bill.com Connect是白标端到端支付自动化平台，可供金融机构接入其单点登录的线上企业银行生态中使用。
ESCO是来自新加坡的品牌，专注于实验室领域相关产品及服务的研发、生产与销售，可为各类科研、检测及工业实验室提供适配的产品解决方案与配套支持，产品广泛应用于生命科学、医疗健康、工业检测等多个领域。
BILL vs ESE — 直观对比
营收规模更大
BILL
是对方的1.4倍
$289.7M
营收增速更快
ESE
高出2.9%
14.4%
净利率更高
ESE
高出10.5%
-0.6%
自由现金流更多
BILL
多$40.9M
$63.0M
两年增速更快
BILL
近两年复合增速
7.8%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $414.7M | $289.7M |
| 净利润 | $-2.6M | $28.7M |
| 毛利率 | 79.8% | 41.4% |
| 营业利润率 | -4.4% | 13.2% |
| 净利率 | -0.6% | 9.9% |
| 营收同比 | 14.4% | 17.3% |
| 净利润同比 | -107.7% | 22.2% |
| 每股收益（稀释后） | $-0.03 | $1.11 |
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BILLESE
| Q4 25 | $414.7M | $289.7M | ||
| Q3 25 | $395.7M | $286.5M | ||
| Q2 25 | $383.3M | $296.3M | ||
| Q1 25 | $358.2M | $265.5M | ||
| Q4 24 | $362.6M | $247.0M | ||
| Q3 24 | $358.4M | $298.5M | ||
| Q2 24 | $343.7M | $260.8M | ||
| Q1 24 | $323.0M | $249.1M |
净利润BILLESE
| Q4 25 | $-2.6M | $28.7M | ||
| Q3 25 | $-3.0M | $218.7M | ||
| Q2 25 | $-7.1M | $26.1M | ||
| Q1 25 | $-11.6M | $31.0M | ||
| Q4 24 | $33.5M | $23.5M | ||
| Q3 24 | $8.9M | $34.3M | ||
| Q2 24 | $7.6M | $29.2M | ||
| Q1 24 | $31.8M | $23.2M |
毛利率BILLESE
| Q4 25 | 79.8% | 41.4% | ||
| Q3 25 | 80.5% | 45.9% | ||
| Q2 25 | 80.8% | 41.2% | ||
| Q1 25 | 81.2% | 41.1% | ||
| Q4 24 | 81.6% | 39.8% | ||
| Q3 24 | 82.0% | 40.1% | ||
| Q2 24 | 81.0% | 39.6% | ||
| Q1 24 | 83.0% | 38.8% |
营业利润率BILLESE
| Q4 25 | -4.4% | 13.2% | ||
| Q3 25 | -5.2% | 17.2% | ||
| Q2 25 | -5.8% | 11.2% | ||
| Q1 25 | -8.1% | 15.3% | ||
| Q4 24 | -6.0% | 11.4% | ||
| Q3 24 | -2.1% | 14.8% | ||
| Q2 24 | -6.5% | 14.3% | ||
| Q1 24 | -8.6% | 11.7% |
净利率BILLESE
| Q4 25 | -0.6% | 9.9% | ||
| Q3 25 | -0.7% | 76.3% | ||
| Q2 25 | -1.8% | 8.8% | ||
| Q1 25 | -3.2% | 11.7% | ||
| Q4 24 | 9.3% | 9.5% | ||
| Q3 24 | 2.5% | 11.5% | ||
| Q2 24 | 2.2% | 11.2% | ||
| Q1 24 | 9.8% | 9.3% |
每股收益（稀释后）BILLESE
| Q4 25 | $-0.03 | $1.11 | ||
| Q3 25 | $-0.03 | $8.43 | ||
| Q2 25 | $0.02 | $1.01 | ||
| Q1 25 | $-0.11 | $1.20 | ||
| Q4 24 | $-0.06 | $0.91 | ||
| Q3 24 | $0.08 | $1.32 | ||
| Q2 24 | $0.37 | $1.13 | ||
| Q1 24 | $0.00 | $0.90 |
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 | $1.1B | $103.8M |
| 总债务越低越好 | $1.8B | $145.5M |
| 股东权益账面价值 | $3.8B | $1.6B |
| 总资产 | $10.1B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资BILLESE
| Q4 25 | $1.1B | $103.8M | ||
| Q3 25 | $1.1B | $101.3M | ||
| Q2 25 | $1.0B | $78.7M | ||
| Q1 25 | $1.0B | $57.4M | ||
| Q4 24 | $1.6B | $71.3M | ||
| Q3 24 | $853.5M | $66.0M | ||
| Q2 24 | $985.9M | $63.0M | ||
| Q1 24 | $952.5M | $59.4M |
总债务BILLESE
| Q4 25 | $1.8B | $145.5M | ||
| Q3 25 | $1.9B | $186.0M | ||
| Q2 25 | $1.7B | $525.0M | ||
| Q1 25 | $1.7B | $88.0M | ||
| Q4 24 | $1.7B | $112.0M | ||
| Q3 24 | $914.8M | $122.0M | ||
| Q2 24 | $914.0M | $173.0M | ||
| Q1 24 | $1.1B | $191.0M |
股东权益BILLESE
| Q4 25 | $3.8B | $1.6B | ||
| Q3 25 | $3.9B | $1.5B | ||
| Q2 25 | $3.9B | $1.3B | ||
| Q1 25 | $3.9B | $1.3B | ||
| Q4 24 | $3.8B | $1.2B | ||
| Q3 24 | $4.0B | $1.2B | ||
| Q2 24 | $4.1B | $1.2B | ||
| Q1 24 | $4.1B | $1.2B |
总资产BILLESE
| Q4 25 | $10.1B | $2.4B | ||
| Q3 25 | $10.2B | $2.4B | ||
| Q2 25 | $10.1B | $2.5B | ||
| Q1 25 | $9.6B | $1.8B | ||
| Q4 24 | $9.7B | $1.8B | ||
| Q3 24 | $9.0B | $1.8B | ||
| Q2 24 | $9.2B | $1.8B | ||
| Q1 24 | $9.1B | $1.8B |
负债/权益比BILLESE
| Q4 25 | 0.48× | 0.09× | ||
| Q3 25 | 0.48× | 0.12× | ||
| Q2 25 | 0.44× | 0.40× | ||
| Q1 25 | 0.43× | 0.07× | ||
| Q4 24 | 0.44× | 0.09× | ||
| Q3 24 | 0.23× | 0.10× | ||
| Q2 24 | 0.22× | 0.14× | ||
| Q1 24 | 0.28× | 0.16× |
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 | $105.3M | $68.9M |
| 自由现金流经营现金流 - 资本支出 | $103.8M | $63.0M |
| 自由现金流率自由现金流/营收 | 25.0% | 21.7% |
| 资本支出强度资本支出/营收 | 0.4% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 2.40× |
| 过去12个月自由现金流最近4个季度 | $378.8M | $239.6M |
8季度趋势，按日历期对齐
经营现金流BILLESE
| Q4 25 | $105.3M | $68.9M | ||
| Q3 25 | $96.9M | $109.9M | ||
| Q2 25 | $83.8M | $73.7M | ||
| Q1 25 | $99.5M | $24.1M | ||
| Q4 24 | $78.7M | $34.2M | ||
| Q3 24 | $88.6M | $72.1M | ||
| Q2 24 | $78.6M | $36.2M | ||
| Q1 24 | $66.8M | $10.5M |
自由现金流BILLESE
| Q4 25 | $103.8M | $63.0M | ||
| Q3 25 | $95.6M | $97.8M | ||
| Q2 25 | $81.0M | $64.9M | ||
| Q1 25 | $98.4M | $14.0M | ||
| Q4 24 | $78.3M | $29.0M | ||
| Q3 24 | $88.6M | $60.9M | ||
| Q2 24 | $78.4M | $27.6M | ||
| Q1 24 | $66.8M | $2.0M |
自由现金流率BILLESE
| Q4 25 | 25.0% | 21.7% | ||
| Q3 25 | 24.1% | 34.1% | ||
| Q2 25 | 21.1% | 21.9% | ||
| Q1 25 | 27.5% | 5.3% | ||
| Q4 24 | 21.6% | 11.7% | ||
| Q3 24 | 24.7% | 20.4% | ||
| Q2 24 | 22.8% | 10.6% | ||
| Q1 24 | 20.7% | 0.8% |
资本支出强度BILLESE
| Q4 25 | 0.4% | 2.0% | ||
| Q3 25 | 0.3% | 4.2% | ||
| Q2 25 | 0.7% | 3.0% | ||
| Q1 25 | 0.3% | 3.8% | ||
| Q4 24 | 0.1% | 2.1% | ||
| Q3 24 | 0.0% | 3.8% | ||
| Q2 24 | 0.1% | 3.3% | ||
| Q1 24 | 0.0% | 3.4% |
现金转化率BILLESE
| Q4 25 | — | 2.40× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | 2.35× | 1.46× | ||
| Q3 24 | 9.94× | 2.10× | ||
| Q2 24 | 10.35× | 1.24× | ||
| Q1 24 | 2.10× | 0.45× |
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
BILL
| Accounts Payable And Accounts Receivable Solutions | $185.9M | 45% |
| Spend And Expense Interchange Revenue | $166.5M | 40% |
| Interest On Funds Held For Customers | $39.5M | 10% |
| Embedded And Other Solutions | $22.8M | 5% |
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
