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慧与（EFSC）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的季度营收约是慧与的1.4倍（$252.7M vs $185.2M），慧与净利率更高（26.6% vs 10.2%，领先16.5%），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 9.0%）
慧与（Hewlett Packard Enterprise，简称HPE）是总部位于美国得克萨斯州斯普林的跨国信息技术企业，面向企业客户提供服务器、存储、网络、容器化软件及咨询支持服务，2018年位列美国《财富》500强第107位。
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。
EFSC vs PRGS — 直观对比
营收规模更大
PRGS
是对方的1.4倍
$185.2M
净利率更高
EFSC
高出16.5%
10.2%
两年增速更快
PRGS
近两年复合增速
9.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $185.2M | $252.7M |
| 净利润 | $49.4M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | — | 15.2% |
| 净利率 | 26.6% | 10.2% |
| 营收同比 | — | 17.5% |
| 净利润同比 | -1.2% | 2144.6% |
| 每股收益（稀释后） | $1.30 | $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EFSCPRGS
| Q1 26 | $185.2M | — | ||
| Q4 25 | $193.6M | $252.7M | ||
| Q3 25 | $206.9M | $249.8M | ||
| Q2 25 | $173.4M | $237.4M | ||
| Q1 25 | $166.0M | $238.0M | ||
| Q4 24 | $167.0M | $215.0M | ||
| Q3 24 | $164.9M | $178.7M | ||
| Q2 24 | $156.0M | $175.1M |
净利润EFSCPRGS
| Q1 26 | $49.4M | — | ||
| Q4 25 | $54.8M | $25.7M | ||
| Q3 25 | $45.2M | $19.4M | ||
| Q2 25 | $51.4M | $17.0M | ||
| Q1 25 | $50.0M | $10.9M | ||
| Q4 24 | $48.8M | $1.1M | ||
| Q3 24 | $50.6M | $28.5M | ||
| Q2 24 | $45.4M | $16.2M |
毛利率EFSCPRGS
| Q1 26 | — | — | ||
| 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% |
营业利润率EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | 15.2% | ||
| Q3 25 | 42.9% | 17.6% | ||
| Q2 25 | 37.0% | 16.3% | ||
| Q1 25 | 36.8% | 13.6% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 38.1% | 22.6% | ||
| Q2 24 | 36.7% | 15.5% |
净利率EFSCPRGS
| Q1 26 | 26.6% | — | ||
| Q4 25 | 28.3% | 10.2% | ||
| Q3 25 | 21.9% | 7.8% | ||
| Q2 25 | 29.6% | 7.2% | ||
| Q1 25 | 30.1% | 4.6% | ||
| Q4 24 | 29.2% | 0.5% | ||
| Q3 24 | 30.7% | 15.9% | ||
| Q2 24 | 29.1% | 9.2% |
每股收益（稀释后）EFSCPRGS
| Q1 26 | $1.30 | — | ||
| Q4 25 | $1.45 | $0.59 | ||
| Q3 25 | $1.19 | $0.44 | ||
| Q2 25 | $1.36 | $0.39 | ||
| Q1 25 | $1.31 | $0.24 | ||
| Q4 24 | $1.27 | $0.01 | ||
| Q3 24 | $1.32 | $0.65 | ||
| Q2 24 | $1.19 | $0.37 |
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 | — | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $2.1B | $478.3M |
| 总资产 | $17.3B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | $94.8M | ||
| Q3 25 | — | $99.0M | ||
| Q2 25 | — | $102.0M | ||
| Q1 25 | — | $124.2M | ||
| Q4 24 | — | $118.1M | ||
| Q3 24 | — | $232.7M | ||
| Q2 24 | — | $190.4M |
总债务EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益EFSCPRGS
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.0B | $478.3M | ||
| Q3 25 | $2.0B | $477.7M | ||
| Q2 25 | $1.9B | $452.7M | ||
| Q1 25 | $1.9B | $431.8M | ||
| Q4 24 | $1.8B | $438.8M | ||
| Q3 24 | $1.8B | $425.6M | ||
| Q2 24 | $1.8B | $401.7M |
总资产EFSCPRGS
| Q1 26 | $17.3B | — | ||
| Q4 25 | $17.3B | $2.5B | ||
| Q3 25 | $16.4B | $2.4B | ||
| Q2 25 | $16.1B | $2.4B | ||
| Q1 25 | $15.7B | $2.5B | ||
| Q4 24 | $15.6B | $2.5B | ||
| Q3 24 | $15.0B | $1.6B | ||
| Q2 24 | $14.6B | $1.6B |
负债/权益比EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.93× | ||
| Q3 25 | — | 2.97× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $62.8M |
| 自由现金流经营现金流 - 资本支出 | — | $59.9M |
| 自由现金流率自由现金流/营收 | — | 23.7% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | — | $229.5M |
8季度趋势，按日历期对齐
经营现金流EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | $193.5M | $62.8M | ||
| Q3 25 | $49.4M | $73.4M | ||
| Q2 25 | $61.3M | $30.0M | ||
| Q1 25 | $40.0M | $68.9M | ||
| Q4 24 | $247.4M | $19.7M | ||
| Q3 24 | $89.0M | $57.7M | ||
| Q2 24 | $76.5M | $63.7M |
自由现金流EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | $181.5M | $59.9M | ||
| Q3 25 | $47.1M | $72.4M | ||
| Q2 25 | $59.0M | $29.5M | ||
| Q1 25 | $35.6M | $67.7M | ||
| Q4 24 | $239.9M | $16.8M | ||
| Q3 24 | $88.2M | $56.6M | ||
| Q2 24 | $74.7M | $62.7M |
自由现金流率EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | 93.8% | 23.7% | ||
| Q3 25 | 22.8% | 29.0% | ||
| Q2 25 | 34.0% | 12.4% | ||
| Q1 25 | 21.5% | 28.4% | ||
| Q4 24 | 143.7% | 7.8% | ||
| Q3 24 | 53.5% | 31.7% | ||
| Q2 24 | 47.9% | 35.8% |
资本支出强度EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | 1.1% | ||
| Q3 25 | 1.1% | 0.4% | ||
| Q2 25 | 1.3% | 0.2% | ||
| Q1 25 | 2.7% | 0.5% | ||
| Q4 24 | 4.5% | 1.3% | ||
| Q3 24 | 0.5% | 0.6% | ||
| Q2 24 | 1.1% | 0.5% |
现金转化率EFSCPRGS
| Q1 26 | — | — | ||
| Q4 25 | 3.53× | 2.44× | ||
| Q3 25 | 1.09× | 3.78× | ||
| Q2 25 | 1.19× | 1.76× | ||
| Q1 25 | 0.80× | 6.30× | ||
| Q4 24 | 5.07× | 17.13× | ||
| Q3 24 | 1.76× | 2.03× | ||
| Q2 24 | 1.68× | 3.93× |
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
EFSC
| Net Interest Income | $166.1M | 90% |
| Noninterest Income | $19.1M | 10% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
