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BLACKBAUD INC（BLKB）与Forestar Group Inc.（FOR）财务数据对比。点击上方公司名可切换其他公司
BLACKBAUD INC的季度营收约是Forestar Group Inc.的1.0倍（$281.1M vs $273.0M），BLACKBAUD INC净利率更高（11.1% vs 5.6%，领先5.4%），Forestar Group Inc.同比增速更快（9.0% vs 4.2%），BLACKBAUD INC自由现金流更多（$37.0M vs $-157.1M），过去两年BLACKBAUD INC的营收复合增速更高（-1.1% vs -9.6%）
Blackbaud是全球知名的云服务提供商，专注为非营利组织、基金会、企业、教育机构、医疗机构、宗教团体及个人公益推动者提供技术支持，旗下产品覆盖筹款、网站管理、客户关系管理、数据分析、财务管理、票务系统、教育管理等多元场景。
福雷斯特集团是一家住宅地块开发企业，总部位于得克萨斯州阿灵顿，业务覆盖美国21个州的51个市场。截至2020年12月31日的12个月内，该公司交付了11518块住宅地块，目前在纽约证券交易所上市，自2002年起就是美国规模最大的住宅建筑商D.R. Horton的控股子公司。
BLKB vs FOR — 直观对比
营收规模更大
BLKB
是对方的1.0倍
$273.0M
营收增速更快
FOR
高出4.9%
4.2%
净利率更高
BLKB
高出5.4%
5.6%
自由现金流更多
BLKB
多$194.1M
$-157.1M
两年增速更快
BLKB
近两年复合增速
-9.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $281.1M | $273.0M |
| 净利润 | $31.1M | $15.4M |
| 毛利率 | 59.2% | 20.1% |
| 营业利润率 | 18.3% | 7.6% |
| 净利率 | 11.1% | 5.6% |
| 营收同比 | 4.2% | 9.0% |
| 净利润同比 | 620.3% | -6.7% |
| 每股收益（稀释后） | $0.67 | $0.30 |
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BLKBFOR
| Q1 26 | $281.1M | — | ||
| Q4 25 | $295.3M | $273.0M | ||
| Q3 25 | $281.1M | $670.5M | ||
| Q2 25 | $282.0M | $390.5M | ||
| Q1 25 | $269.9M | $351.0M | ||
| Q4 24 | $302.1M | $250.4M | ||
| Q3 24 | $286.6M | $551.3M | ||
| Q2 24 | $287.3M | $318.4M |
净利润BLKBFOR
| Q1 26 | $31.1M | — | ||
| Q4 25 | $36.7M | $15.4M | ||
| Q3 25 | $47.5M | $86.9M | ||
| Q2 25 | $26.5M | $32.9M | ||
| Q1 25 | $4.3M | $31.6M | ||
| Q4 24 | $-346.4M | $16.5M | ||
| Q3 24 | $18.3M | $81.5M | ||
| Q2 24 | $21.2M | $38.7M |
毛利率BLKBFOR
| Q1 26 | 59.2% | — | ||
| Q4 25 | 58.3% | 20.1% | ||
| Q3 25 | 59.6% | 22.3% | ||
| Q2 25 | 59.7% | 20.4% | ||
| Q1 25 | 57.5% | 22.6% | ||
| Q4 24 | 53.8% | 22.0% | ||
| Q3 24 | 54.9% | 23.9% | ||
| Q2 24 | 56.0% | 22.5% |
营业利润率BLKBFOR
| Q1 26 | 18.3% | — | ||
| Q4 25 | 20.0% | 7.6% | ||
| Q3 25 | 19.4% | 16.9% | ||
| Q2 25 | 20.3% | 11.2% | ||
| Q1 25 | 7.3% | 11.6% | ||
| Q4 24 | -121.5% | 8.7% | ||
| Q3 24 | 14.4% | 19.7% | ||
| Q2 24 | 14.4% | 16.2% |
净利率BLKBFOR
| Q1 26 | 11.1% | — | ||
| Q4 25 | 12.4% | 5.6% | ||
| Q3 25 | 16.9% | 13.0% | ||
| Q2 25 | 9.4% | 8.4% | ||
| Q1 25 | 1.6% | 9.0% | ||
| Q4 24 | -114.6% | 6.6% | ||
| Q3 24 | 6.4% | 14.8% | ||
| Q2 24 | 7.4% | 12.2% |
每股收益（稀释后）BLKBFOR
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.75 | $0.30 | ||
| Q3 25 | $0.98 | $1.70 | ||
| Q2 25 | $0.55 | $0.65 | ||
| Q1 25 | $0.09 | $0.62 | ||
| Q4 24 | $-6.82 | $0.32 | ||
| Q3 24 | $0.35 | $1.59 | ||
| Q2 24 | $0.41 | $0.76 |
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 | $34.1M | $211.7M |
| 总债务越低越好 | — | $793.2M |
| 股东权益账面价值 | $34.6M | $1.8B |
| 总资产 | $2.1B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资BLKBFOR
| Q1 26 | $34.1M | — | ||
| Q4 25 | $38.9M | $211.7M | ||
| Q3 25 | $38.3M | $379.2M | ||
| Q2 25 | $41.6M | $189.2M | ||
| Q1 25 | $37.2M | $174.3M | ||
| Q4 24 | $67.6M | $132.0M | ||
| Q3 24 | $34.6M | $481.2M | ||
| Q2 24 | $30.4M | $359.2M |
总债务BLKBFOR
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | $1.1B | $806.8M | ||
| Q3 24 | $1.0B | $706.4M | ||
| Q2 24 | $1.0B | $706.1M |
股东权益BLKBFOR
| Q1 26 | $34.6M | — | ||
| Q4 25 | $85.1M | $1.8B | ||
| Q3 25 | $108.2M | $1.8B | ||
| Q2 25 | $72.7M | $1.7B | ||
| Q1 25 | $17.5M | $1.6B | ||
| Q4 24 | $126.8M | $1.6B | ||
| Q3 24 | $544.8M | $1.6B | ||
| Q2 24 | $577.5M | $1.5B |
总资产BLKBFOR
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.4B | $3.2B | ||
| Q3 25 | $2.1B | $3.1B | ||
| Q2 25 | $2.6B | $3.1B | ||
| Q1 25 | $2.1B | $3.0B | ||
| Q4 24 | $2.5B | $3.0B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $3.0B | $2.7B |
负债/权益比BLKBFOR
| Q1 26 | — | — | ||
| Q4 25 | 13.06× | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 8.50× | 0.50× | ||
| Q3 24 | 1.84× | 0.44× | ||
| Q2 24 | 1.78× | 0.47× |
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 | $51.5M | $-157.0M |
| 自由现金流经营现金流 - 资本支出 | $37.0M | $-157.1M |
| 自由现金流率自由现金流/营收 | 13.2% | -57.5% |
| 资本支出强度资本支出/营收 | — | 0.0% |
| 现金转化率经营现金流/净利润 | 1.65× | -10.19× |
| 过去12个月自由现金流最近4个季度 | $294.1M | $93.0M |
8季度趋势，按日历期对齐
经营现金流BLKBFOR
| Q1 26 | $51.5M | — | ||
| Q4 25 | $58.0M | $-157.0M | ||
| Q3 25 | $139.2M | $256.3M | ||
| Q2 25 | $66.9M | $15.8M | ||
| Q1 25 | $1.4M | $-19.8M | ||
| Q4 24 | $73.6M | $-450.0M | ||
| Q3 24 | $104.0M | $119.2M | ||
| Q2 24 | $53.1M | $-61.7M |
自由现金流BLKBFOR
| Q1 26 | $37.0M | — | ||
| Q4 25 | $55.0M | $-157.1M | ||
| Q3 25 | $135.7M | $255.6M | ||
| Q2 25 | $66.3M | $15.0M | ||
| Q1 25 | $712.0K | $-20.5M | ||
| Q4 24 | $73.4M | — | ||
| Q3 24 | $102.9M | $118.4M | ||
| Q2 24 | $48.0M | $-62.3M |
自由现金流率BLKBFOR
| Q1 26 | 13.2% | — | ||
| Q4 25 | 18.6% | -57.5% | ||
| Q3 25 | 48.3% | 38.1% | ||
| Q2 25 | 23.5% | 3.8% | ||
| Q1 25 | 0.3% | -5.8% | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 35.9% | 21.5% | ||
| Q2 24 | 16.7% | -19.6% |
资本支出强度BLKBFOR
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | 0.0% | ||
| Q3 25 | 1.2% | 0.1% | ||
| Q2 25 | 0.2% | 0.2% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.1% | 0.0% | ||
| Q3 24 | 0.4% | 0.1% | ||
| Q2 24 | 1.8% | 0.2% |
现金转化率BLKBFOR
| Q1 26 | 1.65× | — | ||
| Q4 25 | 1.58× | -10.19× | ||
| Q3 25 | 2.93× | 2.95× | ||
| Q2 25 | 2.53× | 0.48× | ||
| Q1 25 | 0.32× | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | 5.69× | 1.46× | ||
| Q2 24 | 2.50× | -1.59× |
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
BLKB
暂无分部数据
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
