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CSW INDUSTRIALS, INC.（CSW）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
PROGRESS SOFTWARE CORP的季度营收约是CSW INDUSTRIALS, INC.的1.1倍（$252.7M vs $233.0M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs 4.4%，领先5.8%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 17.5%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $22.7M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 5.1%）
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
CSW vs PRGS — 直观对比
营收规模更大
PRGS
是对方的1.1倍
$233.0M
营收增速更快
CSW
高出2.8%
17.5%
净利率更高
PRGS
高出5.8%
4.4%
自由现金流更多
PRGS
多$37.2M
$22.7M
两年增速更快
PRGS
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $252.7M |
| 净利润 | $10.3M | $25.7M |
| 毛利率 | 39.7% | 81.6% |
| 营业利润率 | 7.4% | 15.2% |
| 净利率 | 4.4% | 10.2% |
| 营收同比 | 20.3% | 17.5% |
| 净利润同比 | -61.9% | 2144.6% |
| 每股收益（稀释后） | $0.62 | $0.59 |
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CSWPRGS
| Q4 25 | $233.0M | $252.7M | ||
| Q3 25 | $277.0M | $249.8M | ||
| Q2 25 | $263.6M | $237.4M | ||
| Q1 25 | $230.5M | $238.0M | ||
| Q4 24 | $193.6M | $215.0M | ||
| Q3 24 | $227.9M | $178.7M | ||
| Q2 24 | $226.2M | $175.1M | ||
| Q1 24 | $210.9M | $184.7M |
净利润CSWPRGS
| Q4 25 | $10.3M | $25.7M | ||
| Q3 25 | $40.7M | $19.4M | ||
| Q2 25 | $40.9M | $17.0M | ||
| Q1 25 | $35.1M | $10.9M | ||
| Q4 24 | $26.9M | $1.1M | ||
| Q3 24 | $36.1M | $28.5M | ||
| Q2 24 | $38.6M | $16.2M | ||
| Q1 24 | $31.8M | $22.6M |
毛利率CSWPRGS
| Q4 25 | 39.7% | 81.6% | ||
| Q3 25 | 43.0% | 81.0% | ||
| Q2 25 | 43.8% | 80.1% | ||
| Q1 25 | 44.2% | 80.6% | ||
| Q4 24 | 41.4% | 83.0% | ||
| Q3 24 | 45.6% | 83.7% | ||
| Q2 24 | 47.5% | 81.7% | ||
| Q1 24 | 44.4% | 82.2% |
营业利润率CSWPRGS
| Q4 25 | 7.4% | 15.2% | ||
| Q3 25 | 20.5% | 17.6% | ||
| Q2 25 | 20.8% | 16.3% | ||
| Q1 25 | 19.5% | 13.6% | ||
| Q4 24 | 15.3% | 10.0% | ||
| Q3 24 | 22.6% | 22.6% | ||
| Q2 24 | 24.3% | 15.5% | ||
| Q1 24 | 21.0% | 19.0% |
净利率CSWPRGS
| Q4 25 | 4.4% | 10.2% | ||
| Q3 25 | 14.7% | 7.8% | ||
| Q2 25 | 15.5% | 7.2% | ||
| Q1 25 | 15.2% | 4.6% | ||
| Q4 24 | 13.9% | 0.5% | ||
| Q3 24 | 15.8% | 15.9% | ||
| Q2 24 | 17.1% | 9.2% | ||
| Q1 24 | 15.1% | 12.3% |
每股收益（稀释后）CSWPRGS
| Q4 25 | $0.62 | $0.59 | ||
| Q3 25 | $2.41 | $0.44 | ||
| Q2 25 | $2.43 | $0.39 | ||
| Q1 25 | $2.05 | $0.24 | ||
| Q4 24 | $1.60 | $0.01 | ||
| Q3 24 | $2.26 | $0.65 | ||
| Q2 24 | $2.47 | $0.37 | ||
| Q1 24 | $2.03 | $0.51 |
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 | $40.2M | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $1.1B | $478.3M |
| 总资产 | $2.3B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资CSWPRGS
| Q4 25 | $40.2M | $94.8M | ||
| Q3 25 | $31.5M | $99.0M | ||
| Q2 25 | $38.0M | $102.0M | ||
| Q1 25 | $225.8M | $124.2M | ||
| Q4 24 | $213.8M | $118.1M | ||
| Q3 24 | $273.2M | $232.7M | ||
| Q2 24 | $18.9M | $190.4M | ||
| Q1 24 | $22.2M | $133.2M |
总债务CSWPRGS
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | $800.1M | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWPRGS
| Q4 25 | $1.1B | $478.3M | ||
| Q3 25 | $1.1B | $477.7M | ||
| Q2 25 | $1.1B | $452.7M | ||
| Q1 25 | $1.1B | $431.8M | ||
| Q4 24 | $1.0B | $438.8M | ||
| Q3 24 | $1.0B | $425.6M | ||
| Q2 24 | $650.2M | $401.7M | ||
| Q1 24 | $615.7M | $461.7M |
总资产CSWPRGS
| Q4 25 | $2.3B | $2.5B | ||
| Q3 25 | $1.5B | $2.4B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.5B |
负债/权益比CSWPRGS
| Q4 25 | — | 2.93× | ||
| Q3 25 | — | 2.97× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | 0.75× | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $28.9M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $59.9M |
| 自由现金流率自由现金流/营收 | 9.8% | 23.7% |
| 资本支出强度资本支出/营收 | 2.6% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.81× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流CSWPRGS
| Q4 25 | $28.9M | $62.8M | ||
| Q3 25 | $61.8M | $73.4M | ||
| Q2 25 | $60.6M | $30.0M | ||
| Q1 25 | $27.3M | $68.9M | ||
| Q4 24 | $11.6M | $19.7M | ||
| Q3 24 | $66.8M | $57.7M | ||
| Q2 24 | $62.7M | $63.7M | ||
| Q1 24 | $22.4M | $70.5M |
自由现金流CSWPRGS
| Q4 25 | $22.7M | $59.9M | ||
| Q3 25 | $58.7M | $72.4M | ||
| Q2 25 | $57.7M | $29.5M | ||
| Q1 25 | $22.8M | $67.7M | ||
| Q4 24 | $8.5M | $16.8M | ||
| Q3 24 | $61.3M | $56.6M | ||
| Q2 24 | $59.6M | $62.7M | ||
| Q1 24 | $17.5M | $70.2M |
自由现金流率CSWPRGS
| Q4 25 | 9.8% | 23.7% | ||
| Q3 25 | 21.2% | 29.0% | ||
| Q2 25 | 21.9% | 12.4% | ||
| Q1 25 | 9.9% | 28.4% | ||
| Q4 24 | 4.4% | 7.8% | ||
| Q3 24 | 26.9% | 31.7% | ||
| Q2 24 | 26.3% | 35.8% | ||
| Q1 24 | 8.3% | 38.0% |
资本支出强度CSWPRGS
| Q4 25 | 2.6% | 1.1% | ||
| Q3 25 | 1.1% | 0.4% | ||
| Q2 25 | 1.1% | 0.2% | ||
| Q1 25 | 2.0% | 0.5% | ||
| Q4 24 | 1.6% | 1.3% | ||
| Q3 24 | 2.4% | 0.6% | ||
| Q2 24 | 1.4% | 0.5% | ||
| Q1 24 | 2.3% | 0.2% |
现金转化率CSWPRGS
| Q4 25 | 2.81× | 2.44× | ||
| Q3 25 | 1.52× | 3.78× | ||
| Q2 25 | 1.48× | 1.76× | ||
| Q1 25 | 0.78× | 6.30× | ||
| Q4 24 | 0.43× | 17.13× | ||
| Q3 24 | 1.85× | 2.03× | ||
| Q2 24 | 1.62× | 3.93× | ||
| Q1 24 | 0.71× | 3.11× |
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
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
