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PATHWARD FINANCIAL, INC.（CASH）与Perimeter Solutions, Inc.（PRM）财务数据对比。点击上方公司名可切换其他公司
PATHWARD FINANCIAL, INC.的季度营收约是Perimeter Solutions, Inc.的1.7倍（$173.1M vs $102.8M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs -136.5%，领先156.8%），Perimeter Solutions, Inc.同比增速更快（19.2% vs -0.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $11.6M），过去两年Perimeter Solutions, Inc.的营收复合增速更高（31.9% vs -18.0%）
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。
Perimeter Solutions是一家以色列云与网络安全企业，专为各类机构打造基于零信任架构的安全远程网络方案，其技术可替代VPN、防火墙等传统安全硬件设备，助力企业简化网络安全部署，提升远程访问的安全性与效率。
CASH vs PRM — 直观对比
营收规模更大
CASH
是对方的1.7倍
$102.8M
营收增速更快
PRM
高出19.4%
-0.2%
净利率更高
CASH
高出156.8%
-136.5%
自由现金流更多
CASH
多$92.5M
$11.6M
两年增速更快
PRM
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $102.8M |
| 净利润 | $35.2M | $-140.2M |
| 毛利率 | — | 45.2% |
| 营业利润率 | 24.6% | -160.7% |
| 净利率 | 20.3% | -136.5% |
| 营收同比 | -0.2% | 19.2% |
| 净利润同比 | 11.9% | -197.3% |
| 每股收益（稀释后） | $1.57 | $-0.89 |
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CASHPRM
| Q4 25 | $173.1M | $102.8M | ||
| Q3 25 | $186.7M | $315.4M | ||
| Q2 25 | $195.8M | $162.6M | ||
| Q1 25 | $274.8M | $72.0M | ||
| Q4 24 | $182.6M | $86.2M | ||
| Q3 24 | $179.5M | $288.4M | ||
| Q2 24 | $188.6M | $127.3M | ||
| Q1 24 | $257.6M | $59.0M |
净利润CASHPRM
| Q4 25 | $35.2M | $-140.2M | ||
| Q3 25 | $38.8M | $-90.7M | ||
| Q2 25 | $42.1M | $-32.2M | ||
| Q1 25 | $75.0M | $56.7M | ||
| Q4 24 | $30.0M | $144.2M | ||
| Q3 24 | $33.5M | $-89.2M | ||
| Q2 24 | $44.9M | $21.6M | ||
| Q1 24 | $69.9M | $-82.6M |
毛利率CASHPRM
| Q4 25 | — | 45.2% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 62.4% | ||
| Q1 25 | — | 39.1% | ||
| Q4 24 | — | 48.6% | ||
| Q3 24 | — | 62.8% | ||
| Q2 24 | — | 57.6% | ||
| Q1 24 | — | 35.1% |
营业利润率CASHPRM
| Q4 25 | 24.6% | -160.7% | ||
| Q3 25 | 25.9% | -27.7% | ||
| Q2 25 | 24.1% | -16.1% | ||
| Q1 25 | 33.2% | — | ||
| Q4 24 | 19.8% | 71.1% | ||
| Q3 24 | 20.9% | -12.2% | ||
| Q2 24 | 27.1% | 35.4% | ||
| Q1 24 | 33.8% | -126.8% |
净利率CASHPRM
| Q4 25 | 20.3% | -136.5% | ||
| Q3 25 | 20.8% | -28.7% | ||
| Q2 25 | 21.5% | -19.8% | ||
| Q1 25 | 27.3% | 78.7% | ||
| Q4 24 | 16.4% | 167.2% | ||
| Q3 24 | 18.7% | -30.9% | ||
| Q2 24 | 23.8% | 17.0% | ||
| Q1 24 | 27.1% | -139.8% |
每股收益（稀释后）CASHPRM
| Q4 25 | $1.57 | $-0.89 | ||
| Q3 25 | $1.69 | $-0.62 | ||
| Q2 25 | $1.81 | $-0.22 | ||
| Q1 25 | $3.14 | $0.36 | ||
| Q4 24 | $1.23 | $1.00 | ||
| Q3 24 | $1.34 | $-0.61 | ||
| Q2 24 | $1.78 | $0.14 | ||
| Q1 24 | $2.74 | $-0.57 |
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 | $331.2M | $325.9M |
| 总债务越低越好 | $33.5M | $669.1M |
| 股东权益账面价值 | $854.5M | $1.1B |
| 总资产 | $7.6B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.04× | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资CASHPRM
| Q4 25 | $331.2M | $325.9M | ||
| Q3 25 | $120.6M | $340.6M | ||
| Q2 25 | $258.3M | $140.7M | ||
| Q1 25 | $254.2M | $200.1M | ||
| Q4 24 | $597.4M | $198.5M | ||
| Q3 24 | $158.3M | $223.1M | ||
| Q2 24 | $298.9M | $43.2M | ||
| Q1 24 | $347.9M | $38.7M |
总债务CASHPRM
| Q4 25 | $33.5M | $669.1M | ||
| Q3 25 | $33.5M | $668.8M | ||
| Q2 25 | $33.4M | $668.4M | ||
| Q1 25 | $33.4M | $668.1M | ||
| Q4 24 | $33.4M | $667.8M | ||
| Q3 24 | $33.4M | $667.4M | ||
| Q2 24 | $33.3M | $667.1M | ||
| Q1 24 | $33.4M | $666.8M |
股东权益CASHPRM
| Q4 25 | $854.5M | $1.1B | ||
| Q3 25 | $858.0M | $1.1B | ||
| Q2 25 | $819.0M | $1.2B | ||
| Q1 25 | $814.7M | $1.2B | ||
| Q4 24 | $758.3M | $1.2B | ||
| Q3 24 | $822.5M | $1.0B | ||
| Q2 24 | $748.4M | $1.1B | ||
| Q1 24 | $719.5M | $1.1B |
总资产CASHPRM
| Q4 25 | $7.6B | $2.7B | ||
| Q3 25 | $7.2B | $2.6B | ||
| Q2 25 | $7.2B | $2.5B | ||
| Q1 25 | $7.0B | $2.4B | ||
| Q4 24 | $7.6B | $2.4B | ||
| Q3 24 | $7.5B | $2.5B | ||
| Q2 24 | $7.5B | $2.3B | ||
| Q1 24 | $7.4B | $2.3B |
负债/权益比CASHPRM
| Q4 25 | 0.04× | 0.59× | ||
| Q3 25 | 0.04× | 0.60× | ||
| Q2 25 | 0.04× | 0.57× | ||
| Q1 25 | 0.04× | 0.55× | ||
| Q4 24 | 0.04× | 0.58× | ||
| Q3 24 | 0.04× | 0.67× | ||
| Q2 24 | 0.04× | 0.62× | ||
| Q1 24 | 0.05× | 0.63× |
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 | $108.3M | $18.6M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $11.6M |
| 自由现金流率自由现金流/营收 | 60.1% | 11.3% |
| 资本支出强度资本支出/营收 | 2.4% | 6.8% |
| 现金转化率经营现金流/净利润 | 3.08× | — |
| 过去12个月自由现金流最近4个季度 | $616.8M | $208.6M |
8季度趋势，按日历期对齐
经营现金流CASHPRM
| Q4 25 | $108.3M | $18.6M | ||
| Q3 25 | $303.7M | $198.7M | ||
| Q2 25 | $30.4M | $-2.9M | ||
| Q1 25 | $188.3M | $23.7M | ||
| Q4 24 | $-71.7M | $-6.0M | ||
| Q3 24 | $143.1M | $183.0M | ||
| Q2 24 | $113.2M | $8.6M | ||
| Q1 24 | $203.0M | $2.8M |
自由现金流CASHPRM
| Q4 25 | $104.1M | $11.6M | ||
| Q3 25 | $300.3M | $193.6M | ||
| Q2 25 | $27.7M | $-15.6M | ||
| Q1 25 | $184.7M | $18.9M | ||
| Q4 24 | $-73.8M | $-12.4M | ||
| Q3 24 | $138.8M | $179.1M | ||
| Q2 24 | $111.0M | $5.0M | ||
| Q1 24 | $201.3M | $1.2M |
自由现金流率CASHPRM
| Q4 25 | 60.1% | 11.3% | ||
| Q3 25 | 160.9% | 61.4% | ||
| Q2 25 | 14.1% | -9.6% | ||
| Q1 25 | 67.2% | 26.3% | ||
| Q4 24 | -40.4% | -14.4% | ||
| Q3 24 | 77.3% | 62.1% | ||
| Q2 24 | 58.8% | 3.9% | ||
| Q1 24 | 78.1% | 2.1% |
资本支出强度CASHPRM
| Q4 25 | 2.4% | 6.8% | ||
| Q3 25 | 1.8% | 1.6% | ||
| Q2 25 | 1.4% | 7.8% | ||
| Q1 25 | 1.3% | 6.7% | ||
| Q4 24 | 1.1% | 7.5% | ||
| Q3 24 | 2.4% | 1.3% | ||
| Q2 24 | 1.2% | 2.9% | ||
| Q1 24 | 0.7% | 2.6% |
现金转化率CASHPRM
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | 0.42× | ||
| Q4 24 | -2.39× | -0.04× | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | 0.40× | ||
| Q1 24 | 2.90× | — |
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
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
PRM
| Products | $87.7M | 85% |
| Service And Other | $14.8M | 14% |
