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高知特（CTSH）与Leidos（LDOS）财务数据对比。点击上方公司名可切换其他公司
高知特的季度营收约是Leidos的1.3倍（$5.4B vs $4.2B），高知特净利率更高（12.2% vs 7.8%，领先4.4%），高知特同比增速更快（5.8% vs -3.5%），Leidos自由现金流更多（$452.0M vs $198.0M），过去两年高知特的营收复合增速更高（5.6% vs 3.1%）
高知特是美国跨国信息技术咨询与外包服务商，1994年成立于印度金奈，最初是邓白氏旗下内部技术部门，1996年起对外开展服务，现总部位于美国新泽西州蒂内克，为纳斯达克100指数成分股，股票代码CTSH。
Leidos Holdings, Inc.是总部位于美国弗吉尼亚州雷斯顿的企业，业务覆盖国防、航空、信息技术、生物医学研究领域，提供科研、工程、系统集成及技术服务。其前身为科学应用国际公司（SAIC），2016年8月与洛克希德·马丁旗下IT业务板块合并，成为国防行业规模最大的IT服务提供商。
CTSH vs LDOS — 直观对比
营收规模更大
CTSH
是对方的1.3倍
$4.2B
营收增速更快
CTSH
高出9.3%
-3.5%
净利率更高
CTSH
高出4.4%
7.8%
自由现金流更多
LDOS
多$254.0M
$198.0M
两年增速更快
CTSH
近两年复合增速
3.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $4.2B |
| 净利润 | $662.0M | $327.0M |
| 毛利率 | — | 17.4% |
| 营业利润率 | 15.6% | 11.3% |
| 净利率 | 12.2% | 7.8% |
| 营收同比 | 5.8% | -3.5% |
| 净利润同比 | -0.2% | 15.1% |
| 每股收益（稀释后） | $1.39 | $2.54 |
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CTSHLDOS
| Q1 26 | $5.4B | $4.2B | ||
| Q4 25 | $5.3B | $4.4B | ||
| Q3 25 | $5.4B | $4.2B | ||
| Q2 25 | $5.2B | $4.2B | ||
| Q1 25 | $5.1B | $4.3B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.0B | $4.2B | ||
| Q2 24 | $4.8B | $4.1B |
净利润CTSHLDOS
| Q1 26 | $662.0M | $327.0M | ||
| Q4 25 | $648.0M | $367.0M | ||
| Q3 25 | $274.0M | $391.0M | ||
| Q2 25 | $645.0M | $363.0M | ||
| Q1 25 | $663.0M | $284.0M | ||
| Q4 24 | $546.0M | — | ||
| Q3 24 | $582.0M | $364.0M | ||
| Q2 24 | $566.0M | $322.0M |
毛利率CTSHLDOS
| Q1 26 | — | 17.4% | ||
| Q4 25 | — | 18.0% | ||
| Q3 25 | — | 18.0% | ||
| Q2 25 | — | 17.5% | ||
| Q1 25 | — | 15.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | — | 16.6% |
营业利润率CTSHLDOS
| Q1 26 | 15.6% | 11.3% | ||
| Q4 25 | 16.0% | 12.0% | ||
| Q3 25 | 16.0% | 13.5% | ||
| Q2 25 | 15.6% | 12.5% | ||
| Q1 25 | 16.7% | 9.7% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 14.6% | 12.4% | ||
| Q2 24 | 14.6% | 11.6% |
净利率CTSHLDOS
| Q1 26 | 12.2% | 7.8% | ||
| Q4 25 | 12.2% | 8.2% | ||
| Q3 25 | 5.1% | 9.2% | ||
| Q2 25 | 12.3% | 8.6% | ||
| Q1 25 | 13.0% | 6.5% | ||
| Q4 24 | 10.7% | — | ||
| Q3 24 | 11.5% | 8.7% | ||
| Q2 24 | 11.7% | 7.8% |
每股收益（稀释后）CTSHLDOS
| Q1 26 | $1.39 | $2.54 | ||
| Q4 25 | $1.35 | $2.82 | ||
| Q3 25 | $0.56 | $3.01 | ||
| Q2 25 | $1.31 | $2.77 | ||
| Q1 25 | $1.34 | $2.10 | ||
| Q4 24 | $1.10 | — | ||
| Q3 24 | $1.17 | $2.68 | ||
| Q2 24 | $1.14 | $2.37 |
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 | $1.5B | $1.1B |
| 总债务越低越好 | $568.0M | $4.6B |
| 股东权益账面价值 | $15.1B | $4.9B |
| 总资产 | $20.5B | $13.5B |
| 负债/权益比越低杠杆越低 | 0.04× | 0.94× |
8季度趋势，按日历期对齐
现金及短期投资CTSHLDOS
| Q1 26 | $1.5B | $1.1B | ||
| Q4 25 | $1.9B | $974.0M | ||
| Q3 25 | $2.4B | $930.0M | ||
| Q2 25 | $1.8B | $842.0M | ||
| Q1 25 | $2.0B | $943.0M | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $2.2B | $823.0M |
总债务CTSHLDOS
| Q1 26 | $568.0M | $4.6B | ||
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B |
股东权益CTSHLDOS
| Q1 26 | $15.1B | $4.9B | ||
| Q4 25 | $15.0B | $4.9B | ||
| Q3 25 | $14.9B | $4.7B | ||
| Q2 25 | $15.3B | $4.3B | ||
| Q1 25 | $14.9B | $4.4B | ||
| Q4 24 | $14.4B | — | ||
| Q3 24 | $14.5B | $4.6B | ||
| Q2 24 | $13.9B | $4.5B |
总资产CTSHLDOS
| Q1 26 | $20.5B | $13.5B | ||
| Q4 25 | $20.7B | $13.5B | ||
| Q3 25 | $20.1B | $13.5B | ||
| Q2 25 | $20.2B | $13.2B | ||
| Q1 25 | $20.0B | $13.1B | ||
| Q4 24 | $20.0B | — | ||
| Q3 24 | $20.2B | $13.3B | ||
| Q2 24 | $18.6B | $12.9B |
负债/权益比CTSHLDOS
| Q1 26 | 0.04× | 0.94× | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | — | 1.18× | ||
| Q1 25 | — | 0.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.92× |
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 | $274.0M | $495.0M |
| 自由现金流经营现金流 - 资本支出 | $198.0M | $452.0M |
| 自由现金流率自由现金流/营收 | 3.7% | 10.8% |
| 资本支出强度资本支出/营收 | — | 1.0% |
| 现金转化率经营现金流/净利润 | 0.41× | 1.51× |
| 过去12个月自由现金流最近4个季度 | $2.5B | — |
8季度趋势，按日历期对齐
经营现金流CTSHLDOS
| Q1 26 | $274.0M | $495.0M | ||
| Q4 25 | $858.0M | — | ||
| Q3 25 | $1.2B | $711.0M | ||
| Q2 25 | $398.0M | $58.0M | ||
| Q1 25 | $400.0M | $299.0M | ||
| Q4 24 | $920.0M | — | ||
| Q3 24 | $847.0M | $656.0M | ||
| Q2 24 | $262.0M | $374.0M |
自由现金流CTSHLDOS
| Q1 26 | $198.0M | $452.0M | ||
| Q4 25 | $781.0M | — | ||
| Q3 25 | $1.2B | $680.0M | ||
| Q2 25 | $331.0M | $36.0M | ||
| Q1 25 | $323.0M | $213.0M | ||
| Q4 24 | $837.0M | — | ||
| Q3 24 | $791.0M | $633.0M | ||
| Q2 24 | $183.0M | $351.0M |
自由现金流率CTSHLDOS
| Q1 26 | 3.7% | 10.8% | ||
| Q4 25 | 14.6% | — | ||
| Q3 25 | 21.4% | 16.1% | ||
| Q2 25 | 6.3% | 0.9% | ||
| Q1 25 | 6.3% | 4.9% | ||
| Q4 24 | 16.5% | — | ||
| Q3 24 | 15.7% | 15.2% | ||
| Q2 24 | 3.8% | 8.5% |
资本支出强度CTSHLDOS
| Q1 26 | — | 1.0% | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.2% | 0.7% | ||
| Q2 25 | 1.3% | 0.5% | ||
| Q1 25 | 1.5% | 2.0% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.1% | 0.6% | ||
| Q2 24 | 1.6% | 0.6% |
现金转化率CTSHLDOS
| Q1 26 | 0.41× | 1.51× | ||
| Q4 25 | 1.32× | — | ||
| Q3 25 | 4.48× | 1.82× | ||
| Q2 25 | 0.62× | 0.16× | ||
| Q1 25 | 0.60× | 1.05× | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 1.46× | 1.80× | ||
| Q2 24 | 0.46× | 1.16× |
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
CTSH
暂无分部数据
LDOS
| US Do D And US Intelligence Community | $1.4B | 32% |
| Cost Reimbursement And Fixed Price Incentive Fee | $1.0B | 24% |
| Commercial And International Segment | $609.0M | 15% |
| Defense Systems Segment | $546.0M | 13% |
| Other | $358.0M | 9% |
| Time And Materials And Fixed Price Level Of Effort | $295.0M | 7% |
| Commercial And Non US Customers | $38.0M | 1% |
