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Certara, Inc.（CERT）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Certara, Inc.的季度营收约是Repay Holdings Corp的1.3倍（$103.6M vs $78.6M），Certara, Inc.净利率更高（-5.7% vs -178.3%，领先172.6%），Certara, Inc.同比增速更快（3.3% vs 0.4%），Certara, Inc.自由现金流更多（$27.8M vs $23.2M），过去两年Certara, Inc.的营收复合增速更高（3.6% vs -1.3%）
Certara是全球领先的生物制药软件及咨询服务提供商，专注于建模模拟、监管科学领域的解决方案，服务药企、生物技术企业及医疗相关方，覆盖药物研发全周期，助力加快新疗法上市，降低研发风险与综合成本。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
CERT vs RPAY — 直观对比
营收规模更大
CERT
是对方的1.3倍
$78.6M
营收增速更快
CERT
高出2.9%
0.4%
净利率更高
CERT
高出172.6%
-178.3%
自由现金流更多
CERT
多$4.6M
$23.2M
两年增速更快
CERT
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $103.6M | $78.6M |
| 净利润 | $-5.9M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 0.8% | -182.2% |
| 净利率 | -5.7% | -178.3% |
| 营收同比 | 3.3% | 0.4% |
| 净利润同比 | -189.6% | -3304.1% |
| 每股收益（稀释后） | $-0.04 | $-1.68 |
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CERTRPAY
| Q4 25 | $103.6M | $78.6M | ||
| Q3 25 | $104.6M | $77.7M | ||
| Q2 25 | $104.6M | $75.6M | ||
| Q1 25 | $106.0M | $77.3M | ||
| Q4 24 | $100.4M | $78.3M | ||
| Q3 24 | $94.8M | $79.1M | ||
| Q2 24 | $93.3M | $74.9M | ||
| Q1 24 | $96.7M | $80.7M |
净利润CERTRPAY
| Q4 25 | $-5.9M | $-140.1M | ||
| Q3 25 | $1.5M | $-6.4M | ||
| Q2 25 | $-2.0M | $-102.3M | ||
| Q1 25 | $4.7M | $-7.9M | ||
| Q4 24 | $6.6M | $-4.1M | ||
| Q3 24 | $-1.4M | $3.2M | ||
| Q2 24 | $-12.6M | $-4.1M | ||
| Q1 24 | $-4.7M | $-5.2M |
毛利率CERTRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率CERTRPAY
| Q4 25 | 0.8% | -182.2% | ||
| Q3 25 | 2.9% | -3.9% | ||
| Q2 25 | 9.1% | -138.7% | ||
| Q1 25 | 7.2% | -4.7% | ||
| Q4 24 | 6.0% | -1.5% | ||
| Q3 24 | 2.7% | -0.9% | ||
| Q2 24 | -9.7% | -4.6% | ||
| Q1 24 | -1.3% | -3.1% |
净利率CERTRPAY
| Q4 25 | -5.7% | -178.3% | ||
| Q3 25 | 1.5% | -8.3% | ||
| Q2 25 | -1.9% | -135.2% | ||
| Q1 25 | 4.5% | -10.3% | ||
| Q4 24 | 6.6% | -5.3% | ||
| Q3 24 | -1.4% | 4.1% | ||
| Q2 24 | -13.5% | -5.4% | ||
| Q1 24 | -4.8% | -6.5% |
每股收益（稀释后）CERTRPAY
| Q4 25 | $-0.04 | $-1.68 | ||
| Q3 25 | $0.01 | $-0.08 | ||
| Q2 25 | $-0.01 | $-1.15 | ||
| Q1 25 | $0.03 | $-0.09 | ||
| Q4 24 | $0.04 | $-0.04 | ||
| Q3 24 | $-0.01 | $0.03 | ||
| Q2 24 | $-0.08 | $-0.04 | ||
| Q1 24 | $-0.03 | $-0.06 |
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 | $189.4M | $115.7M |
| 总债务越低越好 | $293.1M | $280.1M |
| 股东权益账面价值 | $1.1B | $484.4M |
| 总资产 | $1.6B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.28× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资CERTRPAY
| Q4 25 | $189.4M | $115.7M | ||
| Q3 25 | $172.7M | $95.7M | ||
| Q2 25 | $162.3M | $162.6M | ||
| Q1 25 | $179.1M | $165.5M | ||
| Q4 24 | $179.2M | $189.5M | ||
| Q3 24 | $233.0M | $168.7M | ||
| Q2 24 | $224.6M | $147.1M | ||
| Q1 24 | $224.8M | $128.3M |
总债务CERTRPAY
| Q4 25 | $293.1M | $280.1M | ||
| Q3 25 | $293.5M | $279.5M | ||
| Q2 25 | $294.2M | $279.0M | ||
| Q1 25 | $294.8M | $497.6M | ||
| Q4 24 | $295.4M | $496.8M | ||
| Q3 24 | $296.1M | $496.2M | ||
| Q2 24 | $296.7M | $435.6M | ||
| Q1 24 | $290.8M | $434.9M |
股东权益CERTRPAY
| Q4 25 | $1.1B | $484.4M | ||
| Q3 25 | $1.1B | $616.9M | ||
| Q2 25 | $1.1B | $633.7M | ||
| Q1 25 | $1.1B | $755.7M | ||
| Q4 24 | $1.1B | $761.3M | ||
| Q3 24 | $1.1B | $754.7M | ||
| Q2 24 | $1.0B | $815.4M | ||
| Q1 24 | $1.1B | $813.8M |
总资产CERTRPAY
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.6B | $1.5B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.5B | $1.5B | ||
| Q1 24 | $1.5B | $1.5B |
负债/权益比CERTRPAY
| Q4 25 | 0.28× | 0.58× | ||
| Q3 25 | 0.28× | 0.45× | ||
| Q2 25 | 0.27× | 0.44× | ||
| Q1 25 | 0.27× | 0.66× | ||
| Q4 24 | 0.28× | 0.65× | ||
| Q3 24 | 0.28× | 0.66× | ||
| Q2 24 | 0.28× | 0.53× | ||
| Q1 24 | 0.28× | 0.53× |
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 | $28.8M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $27.8M | $23.2M |
| 自由现金流率自由现金流/营收 | 26.8% | 29.6% |
| 资本支出强度资本支出/营收 | 1.0% | 0.1% |
| 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 | $94.4M | $90.7M |
8季度趋势，按日历期对齐
经营现金流CERTRPAY
| Q4 25 | $28.8M | $23.3M | ||
| Q3 25 | $32.3M | $32.2M | ||
| Q2 25 | $17.8M | $33.1M | ||
| Q1 25 | $17.4M | $2.5M | ||
| Q4 24 | $49.4M | $34.3M | ||
| Q3 24 | $17.0M | $60.1M | ||
| Q2 24 | $9.8M | $31.0M | ||
| Q1 24 | $4.3M | $24.8M |
自由现金流CERTRPAY
| Q4 25 | $27.8M | $23.2M | ||
| Q3 25 | $32.1M | $32.1M | ||
| Q2 25 | $17.8M | $33.0M | ||
| Q1 25 | $16.8M | $2.4M | ||
| Q4 24 | $49.0M | $34.0M | ||
| Q3 24 | $16.8M | $59.8M | ||
| Q2 24 | $9.4M | $30.5M | ||
| Q1 24 | $3.7M | $24.7M |
自由现金流率CERTRPAY
| Q4 25 | 26.8% | 29.6% | ||
| Q3 25 | 30.7% | 41.3% | ||
| Q2 25 | 17.0% | 43.6% | ||
| Q1 25 | 15.8% | 3.0% | ||
| Q4 24 | 48.8% | 43.5% | ||
| Q3 24 | 17.7% | 75.6% | ||
| Q2 24 | 10.1% | 40.7% | ||
| Q1 24 | 3.8% | 30.6% |
资本支出强度CERTRPAY
| Q4 25 | 1.0% | 0.1% | ||
| Q3 25 | 0.2% | 0.2% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | 0.6% | 0.2% | ||
| Q4 24 | 0.4% | 0.3% | ||
| Q3 24 | 0.2% | 0.3% | ||
| Q2 24 | 0.5% | 0.6% | ||
| Q1 24 | 0.6% | 0.1% |
现金转化率CERTRPAY
| Q4 25 | — | — | ||
| Q3 25 | 21.19× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.66× | — | ||
| Q4 24 | 7.51× | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
CERT
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
