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PATHWARD FINANCIAL, INC.（CASH）与VERRA MOBILITY Corp（VRRM）财务数据对比。点击上方公司名可切换其他公司
VERRA MOBILITY Corp的季度营收约是PATHWARD FINANCIAL, INC.的1.5倍（$257.9M vs $173.1M），PATHWARD FINANCIAL, INC.净利率更高（20.3% vs 7.3%，领先13.0%），VERRA MOBILITY Corp同比增速更快（16.4% vs -0.2%），PATHWARD FINANCIAL, INC.自由现金流更多（$104.1M vs $5.7M），过去两年VERRA MOBILITY Corp的营收复合增速更高（10.9% 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。
Verra Mobility Corp是全球领先的智慧出行技术解决方案提供商，业务涵盖收费管理、停车与交通合规执法、车联网服务及车队管理工具，服务对象包括政府交通部门、租车运营商、商业车队所有者及汽车行业合作伙伴，覆盖北美、欧洲及亚太市场。
CASH vs VRRM — 直观对比
营收规模更大
VRRM
是对方的1.5倍
$173.1M
营收增速更快
VRRM
高出16.7%
-0.2%
净利率更高
CASH
高出13.0%
7.3%
自由现金流更多
CASH
多$98.3M
$5.7M
两年增速更快
VRRM
近两年复合增速
-18.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $173.1M | $257.9M |
| 净利润 | $35.2M | $18.9M |
| 毛利率 | — | — |
| 营业利润率 | 24.6% | 16.7% |
| 净利率 | 20.3% | 7.3% |
| 营收同比 | -0.2% | 16.4% |
| 净利润同比 | 11.9% | 128.3% |
| 每股收益（稀释后） | $1.57 | $0.12 |
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CASHVRRM
| Q4 25 | $173.1M | $257.9M | ||
| Q3 25 | $186.7M | $261.9M | ||
| Q2 25 | $195.8M | $236.0M | ||
| Q1 25 | $274.8M | $223.3M | ||
| Q4 24 | $182.6M | $221.5M | ||
| Q3 24 | $179.5M | $225.6M | ||
| Q2 24 | $188.6M | $222.4M | ||
| Q1 24 | $257.6M | $209.7M |
净利润CASHVRRM
| Q4 25 | $35.2M | $18.9M | ||
| Q3 25 | $38.8M | $46.8M | ||
| Q2 25 | $42.1M | $38.6M | ||
| Q1 25 | $75.0M | $32.3M | ||
| Q4 24 | $30.0M | $-66.7M | ||
| Q3 24 | $33.5M | $34.7M | ||
| Q2 24 | $44.9M | $34.2M | ||
| Q1 24 | $69.9M | $29.1M |
营业利润率CASHVRRM
| Q4 25 | 24.6% | 16.7% | ||
| Q3 25 | 25.9% | 28.6% | ||
| Q2 25 | 24.1% | 26.8% | ||
| Q1 25 | 33.2% | 25.7% | ||
| Q4 24 | 19.8% | -19.6% | ||
| Q3 24 | 20.9% | 28.3% | ||
| Q2 24 | 27.1% | 27.5% | ||
| Q1 24 | 33.8% | 25.9% |
净利率CASHVRRM
| Q4 25 | 20.3% | 7.3% | ||
| Q3 25 | 20.8% | 17.9% | ||
| Q2 25 | 21.5% | 16.3% | ||
| Q1 25 | 27.3% | 14.5% | ||
| Q4 24 | 16.4% | -30.1% | ||
| Q3 24 | 18.7% | 15.4% | ||
| Q2 24 | 23.8% | 15.4% | ||
| Q1 24 | 27.1% | 13.9% |
每股收益（稀释后）CASHVRRM
| Q4 25 | $1.57 | $0.12 | ||
| Q3 25 | $1.69 | $0.29 | ||
| Q2 25 | $1.81 | $0.24 | ||
| Q1 25 | $3.14 | $0.20 | ||
| Q4 24 | $1.23 | $-0.39 | ||
| Q3 24 | $1.34 | $0.21 | ||
| Q2 24 | $1.78 | $0.20 | ||
| Q1 24 | $2.74 | $0.17 |
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 | $65.3M |
| 总债务越低越好 | $33.5M | $1.0B |
| 股东权益账面价值 | $854.5M | $293.0M |
| 总资产 | $7.6B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.04× | 3.51× |
8季度趋势，按日历期对齐
现金及短期投资CASHVRRM
| Q4 25 | $331.2M | $65.3M | ||
| Q3 25 | $120.6M | $196.1M | ||
| Q2 25 | $258.3M | $147.7M | ||
| Q1 25 | $254.2M | $108.5M | ||
| Q4 24 | $597.4M | $77.6M | ||
| Q3 24 | $158.3M | $206.1M | ||
| Q2 24 | $298.9M | $122.0M | ||
| Q1 24 | $347.9M | $149.5M |
总债务CASHVRRM
| Q4 25 | $33.5M | $1.0B | ||
| Q3 25 | $33.5M | $1.0B | ||
| Q2 25 | $33.4M | $1.0B | ||
| Q1 25 | $33.4M | $1.0B | ||
| Q4 24 | $33.4M | $1.0B | ||
| Q3 24 | $33.4M | $1.0B | ||
| Q2 24 | $33.3M | $1.0B | ||
| Q1 24 | $33.4M | $1.0B |
股东权益CASHVRRM
| Q4 25 | $854.5M | $293.0M | ||
| Q3 25 | $858.0M | $403.1M | ||
| Q2 25 | $819.0M | $352.1M | ||
| Q1 25 | $814.7M | $299.6M | ||
| Q4 24 | $758.3M | $265.1M | ||
| Q3 24 | $822.5M | $486.5M | ||
| Q2 24 | $748.4M | $438.6M | ||
| Q1 24 | $719.5M | $449.0M |
总资产CASHVRRM
| Q4 25 | $7.6B | $1.6B | ||
| Q3 25 | $7.2B | $1.8B | ||
| Q2 25 | $7.2B | $1.7B | ||
| Q1 25 | $7.0B | $1.6B | ||
| Q4 24 | $7.6B | $1.6B | ||
| Q3 24 | $7.5B | $1.9B | ||
| Q2 24 | $7.5B | $1.8B | ||
| Q1 24 | $7.4B | $1.8B |
负债/权益比CASHVRRM
| Q4 25 | 0.04× | 3.51× | ||
| Q3 25 | 0.04× | 2.55× | ||
| Q2 25 | 0.04× | 2.93× | ||
| Q1 25 | 0.04× | 3.45× | ||
| Q4 24 | 0.04× | 3.90× | ||
| Q3 24 | 0.04× | 2.13× | ||
| Q2 24 | 0.04× | 2.36× | ||
| Q1 24 | 0.05× | 2.31× |
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 | $40.0M |
| 自由现金流经营现金流 - 资本支出 | $104.1M | $5.7M |
| 自由现金流率自由现金流/营收 | 60.1% | 2.2% |
| 资本支出强度资本支出/营收 | 2.4% | 13.3% |
| 现金转化率经营现金流/净利润 | 3.08× | 2.12× |
| 过去12个月自由现金流最近4个季度 | $616.8M | $136.7M |
8季度趋势，按日历期对齐
经营现金流CASHVRRM
| Q4 25 | $108.3M | $40.0M | ||
| Q3 25 | $303.7M | $77.7M | ||
| Q2 25 | $30.4M | $75.1M | ||
| Q1 25 | $188.3M | $63.0M | ||
| Q4 24 | $-71.7M | $40.5M | ||
| Q3 24 | $143.1M | $108.8M | ||
| Q2 24 | $113.2M | $40.0M | ||
| Q1 24 | $203.0M | $34.3M |
自由现金流CASHVRRM
| Q4 25 | $104.1M | $5.7M | ||
| Q3 25 | $300.3M | $49.0M | ||
| Q2 25 | $27.7M | $40.3M | ||
| Q1 25 | $184.7M | $41.7M | ||
| Q4 24 | $-73.8M | $21.6M | ||
| Q3 24 | $138.8M | $85.1M | ||
| Q2 24 | $111.0M | $26.0M | ||
| Q1 24 | $201.3M | $20.1M |
自由现金流率CASHVRRM
| Q4 25 | 60.1% | 2.2% | ||
| Q3 25 | 160.9% | 18.7% | ||
| Q2 25 | 14.1% | 17.1% | ||
| Q1 25 | 67.2% | 18.7% | ||
| Q4 24 | -40.4% | 9.8% | ||
| Q3 24 | 77.3% | 37.7% | ||
| Q2 24 | 58.8% | 11.7% | ||
| Q1 24 | 78.1% | 9.6% |
资本支出强度CASHVRRM
| Q4 25 | 2.4% | 13.3% | ||
| Q3 25 | 1.8% | 11.0% | ||
| Q2 25 | 1.4% | 14.8% | ||
| Q1 25 | 1.3% | 9.5% | ||
| Q4 24 | 1.1% | 8.5% | ||
| Q3 24 | 2.4% | 10.5% | ||
| Q2 24 | 1.2% | 6.3% | ||
| Q1 24 | 0.7% | 6.8% |
现金转化率CASHVRRM
| Q4 25 | 3.08× | 2.12× | ||
| Q3 25 | 7.83× | 1.66× | ||
| Q2 25 | 0.72× | 1.95× | ||
| Q1 25 | 2.51× | 1.95× | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | 3.13× | ||
| Q2 24 | 2.52× | 1.17× | ||
| Q1 24 | 2.90× | 1.18× |
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% |
VRRM
| Services | $239.5M | 93% |
| CA | $8.4M | 3% |
| GB | $5.7M | 2% |
| Other Customer | $1.6M | 1% |
| Parking Solutions | $1.1M | 0% |
