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Dayforce（DAY）与PTC Inc.（PTC）财务数据对比。点击上方公司名可切换其他公司
PTC Inc.的季度营收约是Dayforce的1.4倍（$685.8M vs $481.6M），PTC Inc.净利率更高（24.3% vs -40.9%，领先65.1%），PTC Inc.同比增速更快（21.4% vs 9.5%），过去两年Dayforce的营收复合增速更高（9.8% vs 6.6%）
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。
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
DAY vs PTC — 直观对比
营收规模更大
PTC
是对方的1.4倍
$481.6M
营收增速更快
PTC
高出11.9%
9.5%
净利率更高
PTC
高出65.1%
-40.9%
两年增速更快
DAY
近两年复合增速
6.6%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $685.8M |
| 净利润 | $-196.8M | $166.5M |
| 毛利率 | — | 82.8% |
| 营业利润率 | 6.3% | 32.2% |
| 净利率 | -40.9% | 24.3% |
| 营收同比 | 9.5% | 21.4% |
| 净利润同比 | -9940.0% | 102.5% |
| 每股收益（稀释后） | $-1.23 | $1.39 |
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DAYPTC
| Q4 25 | — | $685.8M | ||
| Q3 25 | $481.6M | $893.8M | ||
| Q2 25 | $464.7M | $643.9M | ||
| Q1 25 | $481.8M | $636.4M | ||
| Q4 24 | $465.2M | $565.1M | ||
| Q3 24 | $440.0M | $626.5M | ||
| Q2 24 | $423.3M | $518.6M | ||
| Q1 24 | $431.5M | $603.1M |
净利润DAYPTC
| Q4 25 | — | $166.5M | ||
| Q3 25 | $-196.8M | $347.8M | ||
| Q2 25 | $21.3M | $141.3M | ||
| Q1 25 | $14.9M | $162.6M | ||
| Q4 24 | $10.8M | $82.2M | ||
| Q3 24 | $2.0M | $126.5M | ||
| Q2 24 | $-1.8M | $69.0M | ||
| Q1 24 | $7.1M | $114.4M |
毛利率DAYPTC
| Q4 25 | — | 82.8% | ||
| Q3 25 | — | 86.9% | ||
| Q2 25 | — | 82.9% | ||
| Q1 25 | — | 83.3% | ||
| Q4 24 | 47.0% | 80.2% | ||
| Q3 24 | 45.8% | 82.0% | ||
| Q2 24 | 44.1% | 78.4% | ||
| Q1 24 | 47.6% | 81.8% |
营业利润率DAYPTC
| Q4 25 | — | 32.2% | ||
| Q3 25 | 6.3% | 48.5% | ||
| Q2 25 | 9.1% | 32.6% | ||
| Q1 25 | 6.4% | 35.1% | ||
| Q4 24 | 6.1% | 20.4% | ||
| Q3 24 | 4.7% | 31.0% | ||
| Q2 24 | 3.3% | 18.5% | ||
| Q1 24 | 9.4% | 29.8% |
净利率DAYPTC
| Q4 25 | — | 24.3% | ||
| Q3 25 | -40.9% | 38.9% | ||
| Q2 25 | 4.6% | 21.9% | ||
| Q1 25 | 3.1% | 25.6% | ||
| Q4 24 | 2.3% | 14.6% | ||
| Q3 24 | 0.5% | 20.2% | ||
| Q2 24 | -0.4% | 13.3% | ||
| Q1 24 | 1.6% | 19.0% |
每股收益（稀释后）DAYPTC
| Q4 25 | — | $1.39 | ||
| Q3 25 | $-1.23 | $2.88 | ||
| Q2 25 | $0.13 | $1.17 | ||
| Q1 25 | $0.09 | $1.35 | ||
| Q4 24 | $0.07 | $0.68 | ||
| Q3 24 | $0.01 | $1.05 | ||
| Q2 24 | $-0.01 | $0.57 | ||
| Q1 24 | $0.04 | $0.95 |
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 | $209.7M |
| 总债务越低越好 | $631.1M | $1.2B |
| 股东权益账面价值 | $2.7B | $3.8B |
| 总资产 | $8.7B | $6.4B |
| 负债/权益比越低杠杆越低 | 0.23× | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资DAYPTC
| Q4 25 | — | $209.7M | ||
| Q3 25 | $627.6M | $184.4M | ||
| Q2 25 | $625.2M | $199.3M | ||
| Q1 25 | $557.3M | $235.2M | ||
| Q4 24 | $579.7M | $196.3M | ||
| Q3 24 | $494.1M | $265.8M | ||
| Q2 24 | $465.4M | $247.7M | ||
| Q1 24 | $392.5M | $249.0M |
总债务DAYPTC
| Q4 25 | — | $1.2B | ||
| Q3 25 | $631.1M | $1.2B | ||
| Q2 25 | $631.8M | $1.2B | ||
| Q1 25 | $632.4M | $1.4B | ||
| Q4 24 | $1.2B | $1.0B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.3B | ||
| Q1 24 | $1.2B | $1.5B |
股东权益DAYPTC
| Q4 25 | — | $3.8B | ||
| Q3 25 | $2.7B | $3.8B | ||
| Q2 25 | $2.7B | $3.5B | ||
| Q1 25 | $2.6B | $3.4B | ||
| Q4 24 | $2.5B | $3.2B | ||
| Q3 24 | $2.6B | $3.2B | ||
| Q2 24 | $2.5B | $3.0B | ||
| Q1 24 | $2.4B | $2.9B |
总资产DAYPTC
| Q4 25 | — | $6.4B | ||
| Q3 25 | $8.7B | $6.6B | ||
| Q2 25 | $8.5B | $6.2B | ||
| Q1 25 | $9.5B | $6.2B | ||
| Q4 24 | $9.1B | $6.1B | ||
| Q3 24 | $8.1B | $6.4B | ||
| Q2 24 | $9.0B | $6.1B | ||
| Q1 24 | $10.8B | $6.2B |
负债/权益比DAYPTC
| Q4 25 | — | 0.31× | ||
| Q3 25 | 0.23× | 0.31× | ||
| Q2 25 | 0.23× | 0.34× | ||
| Q1 25 | 0.24× | 0.40× | ||
| Q4 24 | 0.47× | 0.32× | ||
| Q3 24 | 0.47× | 0.38× | ||
| Q2 24 | 0.49× | 0.43× | ||
| Q1 24 | 0.50× | 0.51× |
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 | $269.7M |
| 自由现金流经营现金流 - 资本支出 | — | $267.4M |
| 自由现金流率自由现金流/营收 | — | 39.0% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.62× |
| 过去12个月自由现金流最近4个季度 | — | $888.4M |
8季度趋势，按日历期对齐
经营现金流DAYPTC
| Q4 25 | — | $269.7M | ||
| Q3 25 | $31.2M | $104.0M | ||
| Q2 25 | $112.7M | $243.9M | ||
| Q1 25 | $49.6M | $281.3M | ||
| Q4 24 | $81.0M | $238.4M | ||
| Q3 24 | $91.8M | $98.1M | ||
| Q2 24 | $99.2M | $213.8M | ||
| Q1 24 | $9.1M | $250.7M |
自由现金流DAYPTC
| Q4 25 | — | $267.4M | ||
| Q3 25 | — | $100.5M | ||
| Q2 25 | — | $242.0M | ||
| Q1 25 | — | $278.5M | ||
| Q4 24 | — | $235.7M | ||
| Q3 24 | — | $93.6M | ||
| Q2 24 | — | $212.2M | ||
| Q1 24 | — | $247.1M |
自由现金流率DAYPTC
| Q4 25 | — | 39.0% | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 41.7% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 40.9% | ||
| Q1 24 | — | 41.0% |
资本支出强度DAYPTC
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.6% |
现金转化率DAYPTC
| Q4 25 | — | 1.62× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | 5.29× | 1.73× | ||
| Q1 25 | 3.33× | 1.73× | ||
| Q4 24 | 7.50× | 2.90× | ||
| Q3 24 | 45.90× | 0.78× | ||
| Q2 24 | — | 3.10× | ||
| Q1 24 | 1.28× | 2.19× |
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% |
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
