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PATHWARD FINANCIAL, INC.（CASH）与Dayforce（DAY）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是PATHWARD FINANCIAL, INC.的1.7倍（$481.6M vs $276.3M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs -40.9%，领先67.3%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 9.8%）
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
CASH vs DAY — 直观对比
营收规模更大
DAY
是对方的1.7倍
$276.3M
净利率更高
CASH
高出67.3%
-40.9%
两年增速更快
CASH
近两年复合增速
9.8%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $481.6M |
| 净利润 | $72.9M | $-196.8M |
| 毛利率 | — | — |
| 营业利润率 | — | 6.3% |
| 净利率 | 26.4% | -40.9% |
| 营收同比 | — | 9.5% |
| 净利润同比 | — | -9940.0% |
| 每股收益（稀释后） | $3.35 | $-1.23 |
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CASHDAY
| Q1 26 | $276.3M | — | ||
| Q4 25 | $173.1M | — | ||
| Q3 25 | $186.7M | $481.6M | ||
| Q2 25 | $195.8M | $464.7M | ||
| Q1 25 | $274.8M | $481.8M | ||
| Q4 24 | $182.6M | $465.2M | ||
| Q3 24 | $179.5M | $440.0M | ||
| Q2 24 | $188.6M | $423.3M |
净利润CASHDAY
| Q1 26 | $72.9M | — | ||
| Q4 25 | $35.2M | — | ||
| Q3 25 | $38.8M | $-196.8M | ||
| Q2 25 | $42.1M | $21.3M | ||
| Q1 25 | $75.0M | $14.9M | ||
| Q4 24 | $30.0M | $10.8M | ||
| Q3 24 | $33.5M | $2.0M | ||
| Q2 24 | $44.9M | $-1.8M |
毛利率CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.0% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 44.1% |
营业利润率CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | 24.6% | — | ||
| Q3 25 | 25.9% | 6.3% | ||
| Q2 25 | 24.1% | 9.1% | ||
| Q1 25 | 33.2% | 6.4% | ||
| Q4 24 | 19.8% | 6.1% | ||
| Q3 24 | 20.9% | 4.7% | ||
| Q2 24 | 27.1% | 3.3% |
净利率CASHDAY
| Q1 26 | 26.4% | — | ||
| Q4 25 | 20.3% | — | ||
| Q3 25 | 20.8% | -40.9% | ||
| Q2 25 | 21.5% | 4.6% | ||
| Q1 25 | 27.3% | 3.1% | ||
| Q4 24 | 16.4% | 2.3% | ||
| Q3 24 | 18.7% | 0.5% | ||
| Q2 24 | 23.8% | -0.4% |
每股收益（稀释后）CASHDAY
| Q1 26 | $3.35 | — | ||
| Q4 25 | $1.57 | — | ||
| Q3 25 | $1.69 | $-1.23 | ||
| Q2 25 | $1.81 | $0.13 | ||
| Q1 25 | $3.14 | $0.09 | ||
| Q4 24 | $1.23 | $0.07 | ||
| Q3 24 | $1.34 | $0.01 | ||
| Q2 24 | $1.78 | $-0.01 |
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 | $157.6M | $627.6M |
| 总债务越低越好 | $59.5M | $631.1M |
| 股东权益账面价值 | $850.7M | $2.7B |
| 总资产 | $7.1B | $8.7B |
| 负债/权益比越低杠杆越低 | 0.07× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资CASHDAY
| Q1 26 | $157.6M | — | ||
| Q4 25 | $331.2M | — | ||
| Q3 25 | $120.6M | $627.6M | ||
| Q2 25 | $258.3M | $625.2M | ||
| Q1 25 | $254.2M | $557.3M | ||
| Q4 24 | $597.4M | $579.7M | ||
| Q3 24 | $158.3M | $494.1M | ||
| Q2 24 | $298.9M | $465.4M |
总债务CASHDAY
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | — | ||
| Q3 25 | $33.5M | $631.1M | ||
| Q2 25 | $33.4M | $631.8M | ||
| Q1 25 | $33.4M | $632.4M | ||
| Q4 24 | $33.4M | $1.2B | ||
| Q3 24 | $33.4M | $1.2B | ||
| Q2 24 | $33.3M | $1.2B |
股东权益CASHDAY
| Q1 26 | $850.7M | — | ||
| Q4 25 | $854.5M | — | ||
| Q3 25 | $858.0M | $2.7B | ||
| Q2 25 | $819.0M | $2.7B | ||
| Q1 25 | $814.7M | $2.6B | ||
| Q4 24 | $758.3M | $2.5B | ||
| Q3 24 | $822.5M | $2.6B | ||
| Q2 24 | $748.4M | $2.5B |
总资产CASHDAY
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.6B | — | ||
| Q3 25 | $7.2B | $8.7B | ||
| Q2 25 | $7.2B | $8.5B | ||
| Q1 25 | $7.0B | $9.5B | ||
| Q4 24 | $7.6B | $9.1B | ||
| Q3 24 | $7.5B | $8.1B | ||
| Q2 24 | $7.5B | $9.0B |
负债/权益比CASHDAY
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | 0.23× | ||
| Q2 25 | 0.04× | 0.23× | ||
| Q1 25 | 0.04× | 0.24× | ||
| Q4 24 | 0.04× | 0.47× | ||
| Q3 24 | 0.04× | 0.47× | ||
| Q2 24 | 0.04× | 0.49× |
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 | — | $31.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | — | ||
| Q3 25 | $303.7M | $31.2M | ||
| Q2 25 | $30.4M | $112.7M | ||
| Q1 25 | $188.3M | $49.6M | ||
| Q4 24 | $-71.7M | $81.0M | ||
| Q3 24 | $143.1M | $91.8M | ||
| Q2 24 | $113.2M | $99.2M |
自由现金流CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | $104.1M | — | ||
| Q3 25 | $300.3M | — | ||
| Q2 25 | $27.7M | — | ||
| Q1 25 | $184.7M | — | ||
| Q4 24 | $-73.8M | — | ||
| Q3 24 | $138.8M | — | ||
| Q2 24 | $111.0M | — |
自由现金流率CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | 60.1% | — | ||
| Q3 25 | 160.9% | — | ||
| Q2 25 | 14.1% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | -40.4% | — | ||
| Q3 24 | 77.3% | — | ||
| Q2 24 | 58.8% | — |
资本支出强度CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.2% | — |
现金转化率CASHDAY
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | 5.29× | ||
| Q1 25 | 2.51× | 3.33× | ||
| Q4 24 | -2.39× | 7.50× | ||
| Q3 24 | 4.27× | 45.90× | ||
| Q2 24 | 2.52× | — |
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
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
