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PATHWARD FINANCIAL, INC.（CASH）与Thryv Holdings, Inc.（THRY）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Thryv Holdings, Inc.的1.6倍（$276.3M vs $167.7M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 2.7%，领先23.7%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs -13.5%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
CASH vs THRY — 直观对比
营收规模更大
CASH
是对方的1.6倍
$167.7M
净利率更高
CASH
高出23.7%
2.7%
两年增速更快
CASH
近两年复合增速
-13.5%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $276.3M | $167.7M |
| 净利润 | $72.9M | $4.5M |
| 毛利率 | — | 65.2% |
| 营业利润率 | — | 37.3% |
| 净利率 | 26.4% | 2.7% |
| 营收同比 | — | -7.5% |
| 净利润同比 | — | 147.2% |
| 每股收益（稀释后） | $3.35 | $0.10 |
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CASHTHRY
| Q1 26 | $276.3M | $167.7M | ||
| Q4 25 | $173.1M | $191.6M | ||
| Q3 25 | $186.7M | $201.6M | ||
| Q2 25 | $195.8M | $210.5M | ||
| Q1 25 | $274.8M | $181.4M | ||
| Q4 24 | $182.6M | $186.6M | ||
| Q3 24 | $179.5M | $179.9M | ||
| Q2 24 | $188.6M | $224.1M |
净利润CASHTHRY
| Q1 26 | $72.9M | $4.5M | ||
| Q4 25 | $35.2M | $-9.7M | ||
| Q3 25 | $38.8M | $5.7M | ||
| Q2 25 | $42.1M | $13.9M | ||
| Q1 25 | $75.0M | $-9.6M | ||
| Q4 24 | $30.0M | $7.9M | ||
| Q3 24 | $33.5M | $-96.1M | ||
| Q2 24 | $44.9M | $5.5M |
毛利率CASHTHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | — | 68.0% | ||
| Q3 25 | — | 67.7% | ||
| Q2 25 | — | 69.7% | ||
| Q1 25 | — | 65.8% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 62.3% | ||
| Q2 24 | — | 66.3% |
营业利润率CASHTHRY
| Q1 26 | — | 37.3% | ||
| Q4 25 | 24.6% | 5.3% | ||
| Q3 25 | 25.9% | 9.9% | ||
| Q2 25 | 24.1% | 14.0% | ||
| Q1 25 | 33.2% | -1.7% | ||
| Q4 24 | 19.8% | -3.9% | ||
| Q3 24 | 20.9% | -49.2% | ||
| Q2 24 | 27.1% | 14.0% |
净利率CASHTHRY
| Q1 26 | 26.4% | 2.7% | ||
| Q4 25 | 20.3% | -5.0% | ||
| Q3 25 | 20.8% | 2.8% | ||
| Q2 25 | 21.5% | 6.6% | ||
| Q1 25 | 27.3% | -5.3% | ||
| Q4 24 | 16.4% | 4.2% | ||
| Q3 24 | 18.7% | -53.4% | ||
| Q2 24 | 23.8% | 2.5% |
每股收益（稀释后）CASHTHRY
| Q1 26 | $3.35 | $0.10 | ||
| Q4 25 | $1.57 | $-0.21 | ||
| Q3 25 | $1.69 | $0.13 | ||
| Q2 25 | $1.81 | $0.31 | ||
| Q1 25 | $3.14 | $-0.22 | ||
| Q4 24 | $1.23 | $0.28 | ||
| Q3 24 | $1.34 | $-2.65 | ||
| Q2 24 | $1.78 | $0.15 |
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 | $8.0M |
| 总债务越低越好 | $59.5M | — |
| 股东权益账面价值 | $850.7M | $225.4M |
| 总资产 | $7.1B | $693.7M |
| 负债/权益比越低杠杆越低 | 0.07× | — |
8季度趋势，按日历期对齐
现金及短期投资CASHTHRY
| Q1 26 | $157.6M | $8.0M | ||
| Q4 25 | $331.2M | $10.8M | ||
| Q3 25 | $120.6M | $11.6M | ||
| Q2 25 | $258.3M | $10.8M | ||
| Q1 25 | $254.2M | $11.0M | ||
| Q4 24 | $597.4M | $16.3M | ||
| Q3 24 | $158.3M | $12.5M | ||
| Q2 24 | $298.9M | $15.5M |
总债务CASHTHRY
| Q1 26 | $59.5M | — | ||
| Q4 25 | $33.5M | $253.5M | ||
| Q3 25 | $33.5M | $268.2M | ||
| Q2 25 | $33.4M | $275.6M | ||
| Q1 25 | $33.4M | $299.0M | ||
| Q4 24 | $33.4M | $284.3M | ||
| Q3 24 | $33.4M | $307.8M | ||
| Q2 24 | $33.3M | $342.1M |
股东权益CASHTHRY
| Q1 26 | $850.7M | $225.4M | ||
| Q4 25 | $854.5M | $218.1M | ||
| Q3 25 | $858.0M | $221.1M | ||
| Q2 25 | $819.0M | $214.9M | ||
| Q1 25 | $814.7M | $193.2M | ||
| Q4 24 | $758.3M | $196.9M | ||
| Q3 24 | $822.5M | $94.5M | ||
| Q2 24 | $748.4M | $183.1M |
总资产CASHTHRY
| Q1 26 | $7.1B | $693.7M | ||
| Q4 25 | $7.6B | $688.6M | ||
| Q3 25 | $7.2B | $701.8M | ||
| Q2 25 | $7.2B | $687.7M | ||
| Q1 25 | $7.0B | $703.7M | ||
| Q4 24 | $7.6B | $712.2M | ||
| Q3 24 | $7.5B | $654.8M | ||
| Q2 24 | $7.5B | $785.5M |
负债/权益比CASHTHRY
| Q1 26 | 0.07× | — | ||
| Q4 25 | 0.04× | 1.16× | ||
| Q3 25 | 0.04× | 1.21× | ||
| Q2 25 | 0.04× | 1.28× | ||
| Q1 25 | 0.04× | 1.55× | ||
| Q4 24 | 0.04× | 1.44× | ||
| Q3 24 | 0.04× | 3.26× | ||
| Q2 24 | 0.04× | 1.87× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $-5.5M |
| 自由现金流率自由现金流/营收 | — | -3.3% |
| 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 | — | $43.3M |
8季度趋势，按日历期对齐
经营现金流CASHTHRY
| Q1 26 | — | — | ||
| Q4 25 | $108.3M | $22.2M | ||
| Q3 25 | $303.7M | $22.2M | ||
| Q2 25 | $30.4M | $29.6M | ||
| Q1 25 | $188.3M | $-10.5M | ||
| Q4 24 | $-71.7M | $26.1M | ||
| Q3 24 | $143.1M | $36.0M | ||
| Q2 24 | $113.2M | $22.2M |
自由现金流CASHTHRY
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $104.1M | $12.3M | ||
| Q3 25 | $300.3M | $14.6M | ||
| Q2 25 | $27.7M | $21.8M | ||
| Q1 25 | $184.7M | $-17.6M | ||
| Q4 24 | $-73.8M | $17.3M | ||
| Q3 24 | $138.8M | $27.5M | ||
| Q2 24 | $111.0M | $13.3M |
自由现金流率CASHTHRY
| Q1 26 | — | -3.3% | ||
| Q4 25 | 60.1% | 6.4% | ||
| Q3 25 | 160.9% | 7.2% | ||
| Q2 25 | 14.1% | 10.4% | ||
| Q1 25 | 67.2% | -9.7% | ||
| Q4 24 | -40.4% | 9.3% | ||
| Q3 24 | 77.3% | 15.3% | ||
| Q2 24 | 58.8% | 5.9% |
资本支出强度CASHTHRY
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 5.2% | ||
| Q3 25 | 1.8% | 3.8% | ||
| Q2 25 | 1.4% | 3.7% | ||
| Q1 25 | 1.3% | 3.9% | ||
| Q4 24 | 1.1% | 4.7% | ||
| Q3 24 | 2.4% | 4.7% | ||
| Q2 24 | 1.2% | 4.0% |
现金转化率CASHTHRY
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | — | ||
| Q3 25 | 7.83× | 3.93× | ||
| Q2 25 | 0.72× | 2.12× | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | 3.32× | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
