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Dayforce（DAY）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是Dayforce的1.3倍（$613.5M vs $481.6M），Tyler Technologies净利率更高（13.2% vs -40.9%，领先54.1%），Dayforce同比增速更快（9.5% vs 8.6%），过去两年Dayforce的营收复合增速更高（9.8% vs 6.5%）
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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
DAY vs TYL — 直观对比
营收规模更大
TYL
是对方的1.3倍
$481.6M
营收增速更快
DAY
高出0.9%
8.6%
净利率更高
TYL
高出54.1%
-40.9%
两年增速更快
DAY
近两年复合增速
6.5%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $481.6M | $613.5M |
| 净利润 | $-196.8M | $81.2M |
| 毛利率 | — | 48.3% |
| 营业利润率 | 6.3% | 16.3% |
| 净利率 | -40.9% | 13.2% |
| 营收同比 | 9.5% | 8.6% |
| 净利润同比 | -9940.0% | — |
| 每股收益（稀释后） | $-1.23 | $1.88 |
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DAYTYL
| Q1 26 | — | $613.5M | ||
| Q4 25 | — | $575.2M | ||
| Q3 25 | $481.6M | $595.9M | ||
| Q2 25 | $464.7M | $596.1M | ||
| Q1 25 | $481.8M | $565.2M | ||
| Q4 24 | $465.2M | $541.1M | ||
| Q3 24 | $440.0M | $543.3M | ||
| Q2 24 | $423.3M | $541.0M |
净利润DAYTYL
| Q1 26 | — | $81.2M | ||
| Q4 25 | — | $65.5M | ||
| Q3 25 | $-196.8M | $84.4M | ||
| Q2 25 | $21.3M | $84.6M | ||
| Q1 25 | $14.9M | $81.1M | ||
| Q4 24 | $10.8M | $65.2M | ||
| Q3 24 | $2.0M | $75.9M | ||
| Q2 24 | $-1.8M | $67.7M |
毛利率DAYTYL
| Q1 26 | — | 48.3% | ||
| Q4 25 | — | 45.5% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | 47.0% | 43.8% | ||
| Q3 24 | 45.8% | 43.7% | ||
| Q2 24 | 44.1% | 44.0% |
营业利润率DAYTYL
| Q1 26 | — | 16.3% | ||
| Q4 25 | — | 13.0% | ||
| Q3 25 | 6.3% | 16.4% | ||
| Q2 25 | 9.1% | 16.0% | ||
| Q1 25 | 6.4% | 15.8% | ||
| Q4 24 | 6.1% | 13.2% | ||
| Q3 24 | 4.7% | 15.2% | ||
| Q2 24 | 3.3% | 14.4% |
净利率DAYTYL
| Q1 26 | — | 13.2% | ||
| Q4 25 | — | 11.4% | ||
| Q3 25 | -40.9% | 14.2% | ||
| Q2 25 | 4.6% | 14.2% | ||
| Q1 25 | 3.1% | 14.3% | ||
| Q4 24 | 2.3% | 12.1% | ||
| Q3 24 | 0.5% | 14.0% | ||
| Q2 24 | -0.4% | 12.5% |
每股收益（稀释后）DAYTYL
| Q1 26 | — | $1.88 | ||
| Q4 25 | — | $1.50 | ||
| Q3 25 | $-1.23 | $1.93 | ||
| Q2 25 | $0.13 | $1.93 | ||
| Q1 25 | $0.09 | $1.84 | ||
| Q4 24 | $0.07 | $1.48 | ||
| Q3 24 | $0.01 | $1.74 | ||
| Q2 24 | $-0.01 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | $631.1M | — |
| 股东权益账面价值 | $2.7B | $3.6B |
| 总资产 | $8.7B | $4.8B |
| 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DAYTYL
| Q1 26 | — | $346.4M | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $627.6M | $950.8M | ||
| Q2 25 | $625.2M | $892.3M | ||
| Q1 25 | $557.3M | $807.4M | ||
| Q4 24 | $579.7M | $768.0M | ||
| Q3 24 | $494.1M | $544.3M | ||
| Q2 24 | $465.4M | $258.0M |
总债务DAYTYL
| Q1 26 | — | — | ||
| Q4 25 | — | $599.7M | ||
| Q3 25 | $631.1M | $599.2M | ||
| Q2 25 | $631.8M | $598.8M | ||
| Q1 25 | $632.4M | $598.4M | ||
| Q4 24 | $1.2B | $597.9M | ||
| Q3 24 | $1.2B | $597.5M | ||
| Q2 24 | $1.2B | $597.1M |
股东权益DAYTYL
| Q1 26 | — | $3.6B | ||
| Q4 25 | — | $3.7B | ||
| Q3 25 | $2.7B | $3.6B | ||
| Q2 25 | $2.7B | $3.6B | ||
| Q1 25 | $2.6B | $3.5B | ||
| Q4 24 | $2.5B | $3.4B | ||
| Q3 24 | $2.6B | $3.3B | ||
| Q2 24 | $2.5B | $3.1B |
总资产DAYTYL
| Q1 26 | — | $4.8B | ||
| Q4 25 | — | $5.6B | ||
| Q3 25 | $8.7B | $5.5B | ||
| Q2 25 | $8.5B | $5.4B | ||
| Q1 25 | $9.5B | $5.2B | ||
| Q4 24 | $9.1B | $5.2B | ||
| Q3 24 | $8.1B | $5.0B | ||
| Q2 24 | $9.0B | $4.8B |
负债/权益比DAYTYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | 0.23× | 0.17× | ||
| Q2 25 | 0.23× | 0.16× | ||
| Q1 25 | 0.24× | 0.17× | ||
| Q4 24 | 0.47× | 0.18× | ||
| Q3 24 | 0.47× | 0.18× | ||
| Q2 24 | 0.49× | 0.19× |
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 | $107.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $585.7M |
8季度趋势，按日历期对齐
经营现金流DAYTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | — | $243.9M | ||
| Q3 25 | $31.2M | $255.2M | ||
| Q2 25 | $112.7M | $98.3M | ||
| Q1 25 | $49.6M | $56.2M | ||
| Q4 24 | $81.0M | $224.8M | ||
| Q3 24 | $91.8M | $263.7M | ||
| Q2 24 | $99.2M | $64.3M |
自由现金流DAYTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | — | $239.6M | ||
| Q3 25 | — | $251.3M | ||
| Q2 25 | — | $92.8M | ||
| Q1 25 | — | $53.8M | ||
| Q4 24 | — | $221.0M | ||
| Q3 24 | — | $260.8M | ||
| Q2 24 | — | $57.7M |
自由现金流率DAYTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | — | 41.7% | ||
| Q3 25 | — | 42.2% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | — | 40.8% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 10.7% |
资本支出强度DAYTYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 1.2% |
现金转化率DAYTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | — | 3.72× | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | 5.29× | 1.16× | ||
| Q1 25 | 3.33× | 0.69× | ||
| Q4 24 | 7.50× | 3.45× | ||
| Q3 24 | 45.90× | 3.47× | ||
| Q2 24 | — | 0.95× |
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% |
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
