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Dayforce（DAY）与Penumbra Inc（PEN）财务数据对比。点击上方公司名可切换其他公司
Dayforce的季度营收约是Penumbra Inc的1.2倍（$481.6M vs $385.4M），Penumbra Inc净利率更高（12.3% vs -40.9%，领先53.1%），Penumbra Inc同比增速更快（22.1% vs 9.5%），过去两年Penumbra Inc的营收复合增速更高（17.6% vs 9.8%）
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
Penumbra Inc是2004年由Arani Bose与Adam Elsesser联合创立的美国医疗器械企业，总部位于加利福尼亚州阿拉米达，核心业务为研发、生产中风、动脉瘤等血管疾病介入治疗所用的专业医疗设备，产品已在全球多个国家的临床诊疗场景中投入使用。
DAY vs PEN — 直观对比
营收规模更大
DAY
是对方的1.2倍
$385.4M
营收增速更快
PEN
高出12.7%
9.5%
净利率更高
PEN
高出53.1%
-40.9%
两年增速更快
PEN
近两年复合增速
9.8%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $385.4M |
| 净利润 | $-196.8M | $47.3M |
| 毛利率 | — | 68.0% |
| 营业利润率 | 6.3% | 15.4% |
| 净利率 | -40.9% | 12.3% |
| 营收同比 | 9.5% | 22.1% |
| 净利润同比 | -9940.0% | 40.6% |
| 每股收益（稀释后） | $-1.23 | $1.20 |
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DAYPEN
| Q4 25 | — | $385.4M | ||
| Q3 25 | $481.6M | $354.7M | ||
| Q2 25 | $464.7M | $339.5M | ||
| Q1 25 | $481.8M | $324.1M | ||
| Q4 24 | $465.2M | $315.5M | ||
| Q3 24 | $440.0M | $301.0M | ||
| Q2 24 | $423.3M | $299.4M | ||
| Q1 24 | $431.5M | $278.7M |
净利润DAYPEN
| Q4 25 | — | $47.3M | ||
| Q3 25 | $-196.8M | $45.9M | ||
| Q2 25 | $21.3M | $45.3M | ||
| Q1 25 | $14.9M | $39.2M | ||
| Q4 24 | $10.8M | $33.7M | ||
| Q3 24 | $2.0M | $29.5M | ||
| Q2 24 | $-1.8M | $-60.2M | ||
| Q1 24 | $7.1M | $11.0M |
毛利率DAYPEN
| Q4 25 | — | 68.0% | ||
| Q3 25 | — | 67.8% | ||
| Q2 25 | — | 66.0% | ||
| Q1 25 | — | 66.6% | ||
| Q4 24 | 47.0% | 66.8% | ||
| Q3 24 | 45.8% | 66.5% | ||
| Q2 24 | 44.1% | 54.4% | ||
| Q1 24 | 47.6% | 65.0% |
营业利润率DAYPEN
| Q4 25 | — | 15.4% | ||
| Q3 25 | 6.3% | 13.8% | ||
| Q2 25 | 9.1% | 12.0% | ||
| Q1 25 | 6.4% | 12.4% | ||
| Q4 24 | 6.1% | 13.6% | ||
| Q3 24 | 4.7% | 11.7% | ||
| Q2 24 | 3.3% | -27.0% | ||
| Q1 24 | 9.4% | 4.3% |
净利率DAYPEN
| Q4 25 | — | 12.3% | ||
| Q3 25 | -40.9% | 12.9% | ||
| Q2 25 | 4.6% | 13.3% | ||
| Q1 25 | 3.1% | 12.1% | ||
| Q4 24 | 2.3% | 10.7% | ||
| Q3 24 | 0.5% | 9.8% | ||
| Q2 24 | -0.4% | -20.1% | ||
| Q1 24 | 1.6% | 3.9% |
每股收益（稀释后）DAYPEN
| Q4 25 | — | $1.20 | ||
| Q3 25 | $-1.23 | $1.17 | ||
| Q2 25 | $0.13 | $1.15 | ||
| Q1 25 | $0.09 | $1.00 | ||
| Q4 24 | $0.07 | $0.88 | ||
| Q3 24 | $0.01 | $0.75 | ||
| Q2 24 | $-0.01 | $-1.55 | ||
| Q1 24 | $0.04 | $0.28 |
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 | $627.6M | $186.9M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $1.4B |
| 总资产 | $8.7B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资DAYPEN
| Q4 25 | — | $186.9M | ||
| Q3 25 | $627.6M | $321.0M | ||
| Q2 25 | $625.2M | $421.8M | ||
| Q1 25 | $557.3M | $376.1M | ||
| Q4 24 | $579.7M | $324.4M | ||
| Q3 24 | $494.1M | $280.5M | ||
| Q2 24 | $465.4M | $288.3M | ||
| Q1 24 | $392.5M | $223.1M |
总债务DAYPEN
| Q4 25 | — | — | ||
| Q3 25 | $631.1M | — | ||
| Q2 25 | $631.8M | — | ||
| Q1 25 | $632.4M | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益DAYPEN
| Q4 25 | — | $1.4B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.7B | $1.3B | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.5B | $1.2B | ||
| Q3 24 | $2.6B | $1.1B | ||
| Q2 24 | $2.5B | $1.2B | ||
| Q1 24 | $2.4B | $1.2B |
总资产DAYPEN
| Q4 25 | — | $1.8B | ||
| Q3 25 | $8.7B | $1.7B | ||
| Q2 25 | $8.5B | $1.7B | ||
| Q1 25 | $9.5B | $1.6B | ||
| Q4 24 | $9.1B | $1.5B | ||
| Q3 24 | $8.1B | $1.5B | ||
| Q2 24 | $9.0B | $1.5B | ||
| Q1 24 | $10.8B | $1.6B |
负债/权益比DAYPEN
| Q4 25 | — | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.47× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.50× | — |
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 | $31.2M | $86.5M |
| 自由现金流经营现金流 - 资本支出 | — | $68.0M |
| 自由现金流率自由现金流/营收 | — | 17.7% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.83× |
| 过去12个月自由现金流最近4个季度 | — | $174.9M |
8季度趋势，按日历期对齐
经营现金流DAYPEN
| Q4 25 | — | $86.5M | ||
| Q3 25 | $31.2M | $58.3M | ||
| Q2 25 | $112.7M | $44.9M | ||
| Q1 25 | $49.6M | $49.0M | ||
| Q4 24 | $81.0M | $51.1M | ||
| Q3 24 | $91.8M | $56.5M | ||
| Q2 24 | $99.2M | $22.6M | ||
| Q1 24 | $9.1M | $38.3M |
自由现金流DAYPEN
| Q4 25 | — | $68.0M | ||
| Q3 25 | — | $42.0M | ||
| Q2 25 | — | $29.4M | ||
| Q1 25 | — | $35.5M | ||
| Q4 24 | — | $45.7M | ||
| Q3 24 | — | $51.0M | ||
| Q2 24 | — | $18.1M | ||
| Q1 24 | — | $32.5M |
自由现金流率DAYPEN
| Q4 25 | — | 17.7% | ||
| Q3 25 | — | 11.8% | ||
| Q2 25 | — | 8.7% | ||
| Q1 25 | — | 11.0% | ||
| Q4 24 | — | 14.5% | ||
| Q3 24 | — | 16.9% | ||
| Q2 24 | — | 6.0% | ||
| Q1 24 | — | 11.7% |
资本支出强度DAYPEN
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 2.1% |
现金转化率DAYPEN
| Q4 25 | — | 1.83× | ||
| Q3 25 | — | 1.27× | ||
| Q2 25 | 5.29× | 0.99× | ||
| Q1 25 | 3.33× | 1.25× | ||
| Q4 24 | 7.50× | 1.52× | ||
| Q3 24 | 45.90× | 1.91× | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.28× | 3.48× |
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
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
PEN
| Thrombectomy | $254.7M | 66% |
| Other | $130.7M | 34% |
