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DESCARTES SYSTEMS GROUP INC（DSGX）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
DESCARTES SYSTEMS GROUP INC的季度营收约是RESOURCES CONNECTION, INC.的1.5倍（$179.8M vs $117.7M），DESCARTES SYSTEMS GROUP INC净利率更高（21.1% vs -10.8%，领先31.9%），DESCARTES SYSTEMS GROUP INC自由现金流更多（$62.1M vs $15.6M）
Descartes Systems Group Inc.是总部位于加拿大的跨国科技企业，专注于为物流行业客户提供物流管理软件、供应链管理软件及相关云服务，可助力企业优化供应链流程、提升运营效率，在全球物流科技领域拥有较高的市场认可度。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
DSGX vs RGP — 直观对比
营收规模更大
DSGX
是对方的1.5倍
$117.7M
净利率更高
DSGX
高出31.9%
-10.8%
自由现金流更多
DSGX
多$46.5M
$15.6M
损益表 — Q2 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $179.8M | $117.7M |
| 净利润 | $38.0M | $-12.7M |
| 毛利率 | 76.9% | 37.1% |
| 营业利润率 | 26.8% | -10.3% |
| 净利率 | 21.1% | -10.8% |
| 营收同比 | — | -19.2% |
| 净利润同比 | — | 81.6% |
| 每股收益（稀释后） | $0.43 | $-0.38 |
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DSGXRGP
| Q4 25 | — | $117.7M | ||
| Q3 25 | $179.8M | $120.2M | ||
| Q2 25 | — | $139.3M | ||
| Q1 25 | — | $129.4M | ||
| Q4 24 | — | $145.6M | ||
| Q3 24 | $163.4M | $136.9M | ||
| Q2 24 | — | $148.2M | ||
| Q1 24 | — | $151.3M |
净利润DSGXRGP
| Q4 25 | — | $-12.7M | ||
| Q3 25 | $38.0M | $-2.4M | ||
| Q2 25 | — | $-73.3M | ||
| Q1 25 | — | $-44.1M | ||
| Q4 24 | — | $-68.7M | ||
| Q3 24 | $34.7M | $-5.7M | ||
| Q2 24 | — | $10.5M | ||
| Q1 24 | — | $2.5M |
毛利率DSGXRGP
| Q4 25 | — | 37.1% | ||
| Q3 25 | 76.9% | 39.5% | ||
| Q2 25 | — | 40.2% | ||
| Q1 25 | — | 35.1% | ||
| Q4 24 | — | 38.5% | ||
| Q3 24 | 75.2% | 36.5% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 37.0% |
营业利润率DSGXRGP
| Q4 25 | — | -10.3% | ||
| Q3 25 | 26.8% | -1.7% | ||
| Q2 25 | — | -47.0% | ||
| Q1 25 | — | -38.4% | ||
| Q4 24 | — | -52.7% | ||
| Q3 24 | 28.1% | -3.5% | ||
| Q2 24 | — | 7.6% | ||
| Q1 24 | — | 2.8% |
净利率DSGXRGP
| Q4 25 | — | -10.8% | ||
| Q3 25 | 21.1% | -2.0% | ||
| Q2 25 | — | -52.6% | ||
| Q1 25 | — | -34.0% | ||
| Q4 24 | — | -47.2% | ||
| Q3 24 | 21.2% | -4.2% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | — | 1.7% |
每股收益（稀释后）DSGXRGP
| Q4 25 | — | $-0.38 | ||
| Q3 25 | $0.43 | $-0.07 | ||
| Q2 25 | — | $-2.21 | ||
| Q1 25 | — | $-1.34 | ||
| Q4 24 | — | $-2.08 | ||
| Q3 24 | $0.40 | $-0.17 | ||
| Q2 24 | — | $0.31 | ||
| Q1 24 | — | $0.08 |
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 | $240.6M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $194.6M |
| 总资产 | $1.8B | $289.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DSGXRGP
| Q4 25 | — | $89.8M | ||
| Q3 25 | $240.6M | $77.5M | ||
| Q2 25 | — | $86.1M | ||
| Q1 25 | — | $72.5M | ||
| Q4 24 | — | $78.2M | ||
| Q3 24 | $252.7M | $89.6M | ||
| Q2 24 | — | $108.9M | ||
| Q1 24 | — | $113.8M |
股东权益DSGXRGP
| Q4 25 | — | $194.6M | ||
| Q3 25 | $1.5B | $206.4M | ||
| Q2 25 | — | $207.1M | ||
| Q1 25 | — | $277.8M | ||
| Q4 24 | — | $325.7M | ||
| Q3 24 | $1.3B | $407.2M | ||
| Q2 24 | — | $418.8M | ||
| Q1 24 | — | $414.9M |
总资产DSGXRGP
| Q4 25 | — | $289.3M | ||
| Q3 25 | $1.8B | $287.2M | ||
| Q2 25 | — | $304.7M | ||
| Q1 25 | — | $375.6M | ||
| Q4 24 | — | $424.9M | ||
| Q3 24 | $1.6B | $512.9M | ||
| Q2 24 | — | $510.9M | ||
| Q1 24 | — | $523.2M |
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 | $63.3M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $62.1M | $15.6M |
| 自由现金流率自由现金流/营收 | 34.5% | 13.2% |
| 资本支出强度资本支出/营收 | 0.7% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.67× | — |
| 过去12个月自由现金流最近4个季度 | $189.6M | $24.3M |
8季度趋势，按日历期对齐
经营现金流DSGXRGP
| Q4 25 | — | $15.9M | ||
| Q3 25 | $63.3M | $-7.8M | ||
| Q2 25 | — | $16.8M | ||
| Q1 25 | — | $659.0K | ||
| Q4 24 | — | $1.8M | ||
| Q3 24 | $34.7M | $-309.0K | ||
| Q2 24 | — | $3.2M | ||
| Q1 24 | — | $20.5M |
自由现金流DSGXRGP
| Q4 25 | — | $15.6M | ||
| Q3 25 | $62.1M | $-8.0M | ||
| Q2 25 | — | $16.5M | ||
| Q1 25 | — | $238.0K | ||
| Q4 24 | — | $61.0K | ||
| Q3 24 | $33.1M | $-575.0K | ||
| Q2 24 | — | $3.0M | ||
| Q1 24 | — | $20.4M |
自由现金流率DSGXRGP
| Q4 25 | — | 13.2% | ||
| Q3 25 | 34.5% | -6.6% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | 20.2% | -0.4% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 13.5% |
资本支出强度DSGXRGP
| Q4 25 | — | 0.3% | ||
| Q3 25 | 0.7% | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | 1.0% | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
现金转化率DSGXRGP
| Q4 25 | — | — | ||
| Q3 25 | 1.67× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.00× | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 8.04× |
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
DSGX
暂无分部数据
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
