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奔特力系统（BSY）与Stride, Inc.（LRN）财务数据对比。点击上方公司名可切换其他公司
Stride, Inc.的季度营收约是奔特力系统的1.6倍（$629.9M vs $391.6M），奔特力系统净利率更高（15.0% vs 14.1%，领先0.9%），奔特力系统同比增速更快（11.9% vs 2.7%），过去两年Stride, Inc.的营收复合增速更高（8.6% vs 7.7%）
奔特力系统是总部位于美国的软件开发企业，面向全球基础设施的设计、建造及运营全周期，提供软件产品授权、销售及相关技术支持服务。旗下产品覆盖建筑、工厂、土木、地理空间等领域，广泛应用于建筑工程施工及运营场景，支撑各类大型建成资产的全生命周期管理。
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
BSY vs LRN — 直观对比
营收规模更大
LRN
是对方的1.6倍
$391.6M
营收增速更快
BSY
高出9.2%
2.7%
净利率更高
BSY
高出0.9%
14.1%
两年增速更快
LRN
近两年复合增速
7.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $391.6M | $629.9M |
| 净利润 | $58.6M | $88.5M |
| 毛利率 | 81.9% | — |
| 营业利润率 | 20.0% | 20.5% |
| 净利率 | 15.0% | 14.1% |
| 营收同比 | 11.9% | 2.7% |
| 净利润同比 | 17.1% | 8.5% |
| 每股收益（稀释后） | $0.17 | $1.93 |
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BSYLRN
| Q3 26 | — | $629.9M | ||
| Q4 25 | $391.6M | $631.3M | ||
| Q3 25 | $375.5M | $620.9M | ||
| Q2 25 | $364.1M | $653.6M | ||
| Q1 25 | $370.5M | $613.4M | ||
| Q4 24 | $349.8M | $587.2M | ||
| Q3 24 | $335.2M | $551.1M | ||
| Q2 24 | $330.3M | $534.2M |
净利润BSYLRN
| Q3 26 | — | $88.5M | ||
| Q4 25 | $58.6M | $99.5M | ||
| Q3 25 | $57.4M | $68.8M | ||
| Q2 25 | $70.5M | $51.3M | ||
| Q1 25 | $91.4M | $99.3M | ||
| Q4 24 | $50.1M | $96.4M | ||
| Q3 24 | $42.3M | $40.9M | ||
| Q2 24 | $72.0M | $62.8M |
毛利率BSYLRN
| Q3 26 | — | — | ||
| Q4 25 | 81.9% | 41.1% | ||
| Q3 25 | 80.8% | 39.0% | ||
| Q2 25 | 81.1% | 36.6% | ||
| Q1 25 | 82.3% | 40.6% | ||
| Q4 24 | 80.6% | 40.8% | ||
| Q3 24 | 80.7% | 39.2% | ||
| Q2 24 | 80.9% | 35.2% |
营业利润率BSYLRN
| Q3 26 | — | 20.5% | ||
| Q4 25 | 20.0% | 23.3% | ||
| Q3 25 | 22.5% | 11.1% | ||
| Q2 25 | 23.2% | 8.7% | ||
| Q1 25 | 31.1% | 21.3% | ||
| Q4 24 | 17.6% | 21.3% | ||
| Q3 24 | 20.5% | 8.6% | ||
| Q2 24 | 24.3% | 13.8% |
净利率BSYLRN
| Q3 26 | — | 14.1% | ||
| Q4 25 | 15.0% | 15.8% | ||
| Q3 25 | 15.3% | 11.1% | ||
| Q2 25 | 19.4% | 7.9% | ||
| Q1 25 | 24.7% | 16.2% | ||
| Q4 24 | 14.3% | 16.4% | ||
| Q3 24 | 12.6% | 7.4% | ||
| Q2 24 | 21.8% | 11.8% |
每股收益（稀释后）BSYLRN
| Q3 26 | — | $1.93 | ||
| Q4 25 | $0.17 | $2.12 | ||
| Q3 25 | $0.18 | $1.40 | ||
| Q2 25 | $0.22 | $0.96 | ||
| Q1 25 | $0.28 | $2.02 | ||
| Q4 24 | $0.15 | $2.03 | ||
| Q3 24 | $0.13 | $0.94 | ||
| Q2 24 | $0.22 | $1.44 |
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 | $123.3M | $614.0M |
| 总债务越低越好 | $1.2B | $417.6M |
| 股东权益账面价值 | $1.2B | $1.6B |
| 总资产 | $3.6B | $2.4B |
| 负债/权益比越低杠杆越低 | 1.05× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资BSYLRN
| Q3 26 | — | $614.0M | ||
| Q4 25 | $123.3M | $625.7M | ||
| Q3 25 | $165.4M | $715.1M | ||
| Q2 25 | $89.6M | $985.3M | ||
| Q1 25 | $83.6M | $723.7M | ||
| Q4 24 | $64.0M | $717.5M | ||
| Q3 24 | $72.2M | $522.2M | ||
| Q2 24 | $51.3M | $692.3M |
总债务BSYLRN
| Q3 26 | — | $417.6M | ||
| Q4 25 | $1.2B | $417.2M | ||
| Q3 25 | $1.2B | $416.8M | ||
| Q2 25 | $1.2B | $416.3M | ||
| Q1 25 | $1.2B | $415.9M | ||
| Q4 24 | $1.4B | $415.5M | ||
| Q3 24 | $1.4B | $415.1M | ||
| Q2 24 | $1.3B | $414.7M |
股东权益BSYLRN
| Q3 26 | — | $1.6B | ||
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $984.5M | $1.2B |
总资产BSYLRN
| Q3 26 | — | $2.4B | ||
| Q4 25 | $3.6B | $2.3B | ||
| Q3 25 | $3.5B | $2.3B | ||
| Q2 25 | $3.4B | $2.3B | ||
| Q1 25 | $3.4B | $2.2B | ||
| Q4 24 | $3.4B | $2.1B | ||
| Q3 24 | $3.4B | $2.0B | ||
| Q2 24 | $3.3B | $1.9B |
负债/权益比BSYLRN
| Q3 26 | — | 0.25× | ||
| Q4 25 | 1.05× | 0.27× | ||
| Q3 25 | 1.04× | 0.27× | ||
| Q2 25 | 1.07× | 0.28× | ||
| Q1 25 | 1.13× | 0.29× | ||
| Q4 24 | 1.33× | 0.32× | ||
| Q3 24 | 1.37× | 0.34× | ||
| Q2 24 | 1.36× | 0.35× |
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 | $141.6M | $117.0M |
| 自由现金流经营现金流 - 资本支出 | $136.2M | — |
| 自由现金流率自由现金流/营收 | 34.8% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 2.41× | 1.32× |
| 过去12个月自由现金流最近4个季度 | $520.2M | — |
8季度趋势，按日历期对齐
经营现金流BSYLRN
| Q3 26 | — | $117.0M | ||
| Q4 25 | $141.6M | $91.8M | ||
| Q3 25 | $116.4M | $-195.8M | ||
| Q2 25 | $61.1M | $298.3M | ||
| Q1 25 | $219.4M | $53.1M | ||
| Q4 24 | $81.6M | $223.4M | ||
| Q3 24 | $86.1M | $-142.0M | ||
| Q2 24 | $62.6M | $172.2M |
自由现金流BSYLRN
| Q3 26 | — | — | ||
| Q4 25 | $136.2M | $91.6M | ||
| Q3 25 | $110.7M | $-196.1M | ||
| Q2 25 | $57.0M | $297.9M | ||
| Q1 25 | $216.4M | $52.9M | ||
| Q4 24 | $76.1M | $222.9M | ||
| Q3 24 | $84.3M | $-142.7M | ||
| Q2 24 | $59.5M | $171.4M |
自由现金流率BSYLRN
| Q3 26 | — | — | ||
| Q4 25 | 34.8% | 14.5% | ||
| Q3 25 | 29.5% | -31.6% | ||
| Q2 25 | 15.7% | 45.6% | ||
| Q1 25 | 58.4% | 8.6% | ||
| Q4 24 | 21.7% | 38.0% | ||
| Q3 24 | 25.1% | -25.9% | ||
| Q2 24 | 18.0% | 32.1% |
资本支出强度BSYLRN
| Q3 26 | — | — | ||
| Q4 25 | 1.4% | 0.0% | ||
| Q3 25 | 1.5% | 0.0% | ||
| Q2 25 | 1.1% | 0.1% | ||
| Q1 25 | 0.8% | 0.0% | ||
| Q4 24 | 1.6% | 0.1% | ||
| Q3 24 | 0.5% | 0.1% | ||
| Q2 24 | 0.9% | 0.1% |
现金转化率BSYLRN
| Q3 26 | — | 1.32× | ||
| Q4 25 | 2.41× | 0.92× | ||
| Q3 25 | 2.03× | -2.85× | ||
| Q2 25 | 0.87× | 5.81× | ||
| Q1 25 | 2.40× | 0.53× | ||
| Q4 24 | 1.63× | 2.32× | ||
| Q3 24 | 2.03× | -3.47× | ||
| Q2 24 | 0.87× | 2.74× |
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
BSY
| Enterprise License Subscriptions | $163.4M | 42% |
| Term License Subscriptions | $122.7M | 31% |
| SELECT Subscriptions | $70.6M | 18% |
| Professional Services Other | $17.2M | 4% |
| Perpetual Licenses | $14.3M | 4% |
| Professional Services Recurring | $3.5M | 1% |
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
