vs
Donnelley Financial Solutions, Inc.（DFIN）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Donnelley Financial Solutions, Inc.的1.5倍（$252.7M vs $172.5M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs 3.6%，领先6.6%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 10.4%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $47.9M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -7.9%）
唐nelley金融解决方案（DFIN）是一家总部位于美国伊利诺伊州芝加哥市的金融合规企业，面向资本市场与投资市场的各类企业，提供符合美国监管要求的软件即服务产品、软件赋能服务、印刷业务及合规相关服务，助力客户满足合规要求。
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。
DFIN vs PRGS — 直观对比
营收规模更大
PRGS
是对方的1.5倍
$172.5M
营收增速更快
PRGS
高出7.2%
10.4%
净利率更高
PRGS
高出6.6%
3.6%
自由现金流更多
PRGS
多$12.0M
$47.9M
两年增速更快
PRGS
近两年复合增速
-7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.5M | $252.7M |
| 净利润 | $6.2M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | 8.3% | 15.2% |
| 净利率 | 3.6% | 10.2% |
| 营收同比 | 10.4% | 17.5% |
| 净利润同比 | -1.6% | 2144.6% |
| 每股收益（稀释后） | $0.31 | $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DFINPRGS
| Q4 25 | $172.5M | $252.7M | ||
| Q3 25 | $175.3M | $249.8M | ||
| Q2 25 | $218.1M | $237.4M | ||
| Q1 25 | $201.1M | $238.0M | ||
| Q4 24 | $156.3M | $215.0M | ||
| Q3 24 | $179.5M | $178.7M | ||
| Q2 24 | $242.7M | $175.1M | ||
| Q1 24 | $203.4M | $184.7M |
净利润DFINPRGS
| Q4 25 | $6.2M | $25.7M | ||
| Q3 25 | $-40.9M | $19.4M | ||
| Q2 25 | $36.1M | $17.0M | ||
| Q1 25 | $31.0M | $10.9M | ||
| Q4 24 | $6.3M | $1.1M | ||
| Q3 24 | $8.7M | $28.5M | ||
| Q2 24 | $44.1M | $16.2M | ||
| Q1 24 | $33.3M | $22.6M |
毛利率DFINPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% | ||
| Q1 24 | — | 82.2% |
营业利润率DFINPRGS
| Q4 25 | 8.3% | 15.2% | ||
| Q3 25 | 16.1% | 17.6% | ||
| Q2 25 | 24.2% | 16.3% | ||
| Q1 25 | 22.8% | 13.6% | ||
| Q4 24 | 6.0% | 10.0% | ||
| Q3 24 | 10.1% | 22.6% | ||
| Q2 24 | 26.6% | 15.5% | ||
| Q1 24 | 21.9% | 19.0% |
净利率DFINPRGS
| Q4 25 | 3.6% | 10.2% | ||
| Q3 25 | -23.3% | 7.8% | ||
| Q2 25 | 16.6% | 7.2% | ||
| Q1 25 | 15.4% | 4.6% | ||
| Q4 24 | 4.0% | 0.5% | ||
| Q3 24 | 4.8% | 15.9% | ||
| Q2 24 | 18.2% | 9.2% | ||
| Q1 24 | 16.4% | 12.3% |
每股收益（稀释后）DFINPRGS
| Q4 25 | $0.31 | $0.59 | ||
| Q3 25 | $-1.49 | $0.44 | ||
| Q2 25 | $1.28 | $0.39 | ||
| Q1 25 | $1.05 | $0.24 | ||
| Q4 24 | $0.21 | $0.01 | ||
| Q3 24 | $0.29 | $0.65 | ||
| Q2 24 | $1.47 | $0.37 | ||
| Q1 24 | $1.09 | $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 | $24.5M | $94.8M |
| 总债务越低越好 | $171.3M | $1.4B |
| 股东权益账面价值 | $379.2M | $478.3M |
| 总资产 | $800.4M | $2.5B |
| 负债/权益比越低杠杆越低 | 0.45× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资DFINPRGS
| Q4 25 | $24.5M | $94.8M | ||
| Q3 25 | $22.7M | $99.0M | ||
| Q2 25 | $33.8M | $102.0M | ||
| Q1 25 | $16.2M | $124.2M | ||
| Q4 24 | $57.3M | $118.1M | ||
| Q3 24 | $33.6M | $232.7M | ||
| Q2 24 | $35.0M | $190.4M | ||
| Q1 24 | $43.7M | $133.2M |
总债务DFINPRGS
| Q4 25 | $171.3M | $1.4B | ||
| Q3 25 | $154.7M | $1.4B | ||
| Q2 25 | $190.1M | $1.5B | ||
| Q1 25 | $189.5M | $1.5B | ||
| Q4 24 | $124.7M | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DFINPRGS
| Q4 25 | $379.2M | $478.3M | ||
| Q3 25 | $423.1M | $477.7M | ||
| Q2 25 | $432.1M | $452.7M | ||
| Q1 25 | $419.9M | $431.8M | ||
| Q4 24 | $436.1M | $438.8M | ||
| Q3 24 | $444.5M | $425.6M | ||
| Q2 24 | $441.5M | $401.7M | ||
| Q1 24 | $408.9M | $461.7M |
总资产DFINPRGS
| Q4 25 | $800.4M | $2.5B | ||
| Q3 25 | $816.3M | $2.4B | ||
| Q2 25 | $874.7M | $2.4B | ||
| Q1 25 | $852.8M | $2.5B | ||
| Q4 24 | $841.6M | $2.5B | ||
| Q3 24 | $843.6M | $1.6B | ||
| Q2 24 | $882.9M | $1.6B | ||
| Q1 24 | $867.8M | $1.5B |
负债/权益比DFINPRGS
| Q4 25 | 0.45× | 2.93× | ||
| Q3 25 | 0.37× | 2.97× | ||
| Q2 25 | 0.44× | 3.22× | ||
| Q1 25 | 0.45× | 3.50× | ||
| Q4 24 | 0.29× | 3.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $59.8M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $59.9M |
| 自由现金流率自由现金流/营收 | 27.8% | 23.7% |
| 资本支出强度资本支出/营收 | 6.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 9.65× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $107.8M | $229.5M |
8季度趋势，按日历期对齐
经营现金流DFINPRGS
| Q4 25 | $59.8M | $62.8M | ||
| Q3 25 | $74.4M | $73.4M | ||
| Q2 25 | $68.4M | $30.0M | ||
| Q1 25 | $-37.7M | $68.9M | ||
| Q4 24 | $56.4M | $19.7M | ||
| Q3 24 | $86.4M | $57.7M | ||
| Q2 24 | $56.2M | $63.7M | ||
| Q1 24 | $-27.9M | $70.5M |
自由现金流DFINPRGS
| Q4 25 | $47.9M | $59.9M | ||
| Q3 25 | $59.2M | $72.4M | ||
| Q2 25 | $51.7M | $29.5M | ||
| Q1 25 | $-51.0M | $67.7M | ||
| Q4 24 | $41.3M | $16.8M | ||
| Q3 24 | $67.3M | $56.6M | ||
| Q2 24 | $36.8M | $62.7M | ||
| Q1 24 | $-40.2M | $70.2M |
自由现金流率DFINPRGS
| Q4 25 | 27.8% | 23.7% | ||
| Q3 25 | 33.8% | 29.0% | ||
| Q2 25 | 23.7% | 12.4% | ||
| Q1 25 | -25.4% | 28.4% | ||
| Q4 24 | 26.4% | 7.8% | ||
| Q3 24 | 37.5% | 31.7% | ||
| Q2 24 | 15.2% | 35.8% | ||
| Q1 24 | -19.8% | 38.0% |
资本支出强度DFINPRGS
| Q4 25 | 6.9% | 1.1% | ||
| Q3 25 | 8.7% | 0.4% | ||
| Q2 25 | 7.7% | 0.2% | ||
| Q1 25 | 6.6% | 0.5% | ||
| Q4 24 | 9.7% | 1.3% | ||
| Q3 24 | 10.6% | 0.6% | ||
| Q2 24 | 8.0% | 0.5% | ||
| Q1 24 | 6.0% | 0.2% |
现金转化率DFINPRGS
| Q4 25 | 9.65× | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | 1.89× | 1.76× | ||
| Q1 25 | -1.22× | 6.30× | ||
| Q4 24 | 8.95× | 17.13× | ||
| Q3 24 | 9.93× | 2.03× | ||
| Q2 24 | 1.27× | 3.93× | ||
| Q1 24 | -0.84× | 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
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
