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Concentrix Corp（CNXC）与TRINET GROUP, INC.（TNET）财务数据对比。点击上方公司名可切换其他公司
Concentrix Corp的季度营收约是TRINET GROUP, INC.的2.0倍（$2.6B vs $1.2B），Concentrix Corp同比增速更快（4.3% vs -2.2%），Concentrix Corp自由现金流更多（$281.2M vs $43.0M），过去两年Concentrix Corp的营收复合增速更高（3.1% vs -0.6%）
Concentrix是总部位于美国加利福尼亚州纽瓦克的业务流程外包服务商，2006年起成为SYNNEX集团旗下子公司，2020年12月1日独立上市，2025年位列《财富》美国500强第426位，为全球客户提供专业的外包解决方案支持。
TriNet Group, Inc.是一家面向中小企业的专业雇主组织，总部位于加州都柏林，服务员工规模在3至2500人之间的各类机构。可提供薪资管理、健康福利管理服务，还能为客户提供劳动法规合规、风险降低相关咨询，可作为外包人力资源部门为企业分担人事相关事务。
CNXC vs TNET — 直观对比
营收规模更大
CNXC
是对方的2.0倍
$1.2B
营收增速更快
CNXC
高出6.5%
-2.2%
自由现金流更多
CNXC
多$238.2M
$43.0M
两年增速更快
CNXC
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $1.2B |
| 净利润 | $-1.5B | — |
| 毛利率 | 34.3% | — |
| 营业利润率 | -54.1% | 0.1% |
| 净利率 | -57.9% | — |
| 营收同比 | 4.3% | -2.2% |
| 净利润同比 | -1379.2% | — |
| 每股收益（稀释后） | $-23.37 | $0.02 |
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CNXCTNET
| Q4 25 | $2.6B | $1.2B | ||
| Q3 25 | $2.5B | $1.2B | ||
| Q2 25 | $2.4B | $1.2B | ||
| Q1 25 | $2.4B | $1.3B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $2.4B | $1.2B | ||
| Q2 24 | $2.4B | $1.2B | ||
| Q1 24 | $2.4B | $1.3B |
净利润CNXCTNET
| Q4 25 | $-1.5B | — | ||
| Q3 25 | $88.1M | $34.0M | ||
| Q2 25 | $42.1M | $37.0M | ||
| Q1 25 | $70.3M | $85.0M | ||
| Q4 24 | $115.7M | — | ||
| Q3 24 | $16.6M | $45.0M | ||
| Q2 24 | $66.8M | $60.0M | ||
| Q1 24 | $52.1M | $91.0M |
毛利率CNXCTNET
| Q4 25 | 34.3% | — | ||
| Q3 25 | 34.4% | — | ||
| Q2 25 | 35.1% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | 36.2% | — | ||
| Q2 24 | 36.0% | — | ||
| Q1 24 | 35.6% | — |
营业利润率CNXCTNET
| Q4 25 | -54.1% | 0.1% | ||
| Q3 25 | 5.9% | 4.1% | ||
| Q2 25 | 6.1% | 4.1% | ||
| Q1 25 | 7.1% | 8.9% | ||
| Q4 24 | 5.9% | -2.9% | ||
| Q3 24 | 6.4% | 4.7% | ||
| Q2 24 | 6.3% | 6.5% | ||
| Q1 24 | 6.2% | 9.7% |
净利率CNXCTNET
| Q4 25 | -57.9% | — | ||
| Q3 25 | 3.5% | 2.8% | ||
| Q2 25 | 1.7% | 3.0% | ||
| Q1 25 | 3.0% | 6.6% | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 0.7% | 3.6% | ||
| Q2 24 | 2.8% | 4.9% | ||
| Q1 24 | 2.2% | 7.2% |
每股收益（稀释后）CNXCTNET
| Q4 25 | $-23.37 | $0.02 | ||
| Q3 25 | $1.34 | $0.70 | ||
| Q2 25 | $0.63 | $0.77 | ||
| Q1 25 | $1.04 | $1.71 | ||
| Q4 24 | $1.72 | $-0.44 | ||
| Q3 24 | $0.25 | $0.89 | ||
| Q2 24 | $0.98 | $1.20 | ||
| Q1 24 | $0.76 | $1.78 |
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 | $327.3M | $287.0M |
| 总债务越低越好 | $4.6B | — |
| 股东权益账面价值 | $2.7B | $54.0M |
| 总资产 | $10.8B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.67× | — |
8季度趋势，按日历期对齐
现金及短期投资CNXCTNET
| Q4 25 | $327.3M | $287.0M | ||
| Q3 25 | $350.3M | $321.0M | ||
| Q2 25 | $342.8M | $407.0M | ||
| Q1 25 | $308.0M | $349.0M | ||
| Q4 24 | $240.6M | $360.0M | ||
| Q3 24 | $246.2M | $301.0M | ||
| Q2 24 | $207.3M | $249.0M | ||
| Q1 24 | $234.8M | $383.0M |
总债务CNXCTNET
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.9B | — | ||
| Q2 24 | $4.9B | — | ||
| Q1 24 | $5.0B | — |
股东权益CNXCTNET
| Q4 25 | $2.7B | $54.0M | ||
| Q3 25 | $4.3B | $110.0M | ||
| Q2 25 | $4.3B | $107.0M | ||
| Q1 25 | $4.0B | $63.0M | ||
| Q4 24 | $4.0B | $69.0M | ||
| Q3 24 | $4.2B | $129.0M | ||
| Q2 24 | $4.1B | $100.0M | ||
| Q1 24 | $4.1B | $143.0M |
总资产CNXCTNET
| Q4 25 | $10.8B | $3.8B | ||
| Q3 25 | $12.4B | $3.4B | ||
| Q2 25 | $12.4B | $3.7B | ||
| Q1 25 | $11.9B | $3.8B | ||
| Q4 24 | $12.0B | $4.1B | ||
| Q3 24 | $12.2B | $3.7B | ||
| Q2 24 | $12.1B | $3.7B | ||
| Q1 24 | $12.2B | $4.0B |
负债/权益比CNXCTNET
| Q4 25 | 1.67× | — | ||
| Q3 25 | 1.10× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.22× | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.23× | — |
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 | $344.2M | $61.0M |
| 自由现金流经营现金流 - 资本支出 | $281.2M | $43.0M |
| 自由现金流率自由现金流/营收 | 11.0% | 3.4% |
| 资本支出强度资本支出/营收 | 2.5% | 1.4% |
| 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 | $572.5M | $234.0M |
8季度趋势，按日历期对齐
经营现金流CNXCTNET
| Q4 25 | $344.2M | $61.0M | ||
| Q3 25 | $224.8M | $72.0M | ||
| Q2 25 | $236.5M | $75.0M | ||
| Q1 25 | $1.4M | $95.0M | ||
| Q4 24 | $284.4M | $65.0M | ||
| Q3 24 | $191.6M | $84.0M | ||
| Q2 24 | $238.3M | $39.0M | ||
| Q1 24 | $-46.9M | $91.0M |
自由现金流CNXCTNET
| Q4 25 | $281.2M | $43.0M | ||
| Q3 25 | $159.7M | $55.0M | ||
| Q2 25 | $180.7M | $57.0M | ||
| Q1 25 | $-49.2M | $79.0M | ||
| Q4 24 | $224.5M | $47.0M | ||
| Q3 24 | $128.9M | $59.0M | ||
| Q2 24 | $178.3M | $22.0M | ||
| Q1 24 | $-102.9M | $73.0M |
自由现金流率CNXCTNET
| Q4 25 | 11.0% | 3.4% | ||
| Q3 25 | 6.4% | 4.5% | ||
| Q2 25 | 7.5% | 4.6% | ||
| Q1 25 | -2.1% | 6.1% | ||
| Q4 24 | 9.2% | 3.7% | ||
| Q3 24 | 5.4% | 4.8% | ||
| Q2 24 | 7.5% | 1.8% | ||
| Q1 24 | -4.3% | 5.8% |
资本支出强度CNXCTNET
| Q4 25 | 2.5% | 1.4% | ||
| Q3 25 | 2.6% | 1.4% | ||
| Q2 25 | 2.3% | 1.5% | ||
| Q1 25 | 2.1% | 1.2% | ||
| Q4 24 | 2.4% | 1.4% | ||
| Q3 24 | 2.6% | 2.0% | ||
| Q2 24 | 2.5% | 1.4% | ||
| Q1 24 | 2.3% | 1.4% |
现金转化率CNXCTNET
| Q4 25 | — | — | ||
| Q3 25 | 2.55× | 2.12× | ||
| Q2 25 | 5.62× | 2.03× | ||
| Q1 25 | 0.02× | 1.12× | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 11.52× | 1.87× | ||
| Q2 24 | 3.57× | 0.65× | ||
| Q1 24 | -0.90× | 1.00× |
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
CNXC
| Technology And Consumer Electronics | $675.1M | 26% |
| Retail Travel And Ecommerce | $643.4M | 25% |
| Communications And Media | $417.2M | 16% |
| Banking Financial Services And Insurance | $402.6M | 16% |
| Other Industries | $229.7M | 9% |
| Other | $185.0M | 7% |
TNET
| Insurance Services | $1.1B | 85% |
| Professional Services | $169.0M | 14% |
