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EPAM Systems（EPAM）与FIVE BELOW, INC（FIVE）财务数据对比。点击上方公司名可切换其他公司
EPAM Systems的季度营收约是FIVE BELOW, INC的1.3倍（$1.4B vs $1.0B），EPAM Systems净利率更高（5.9% vs 3.5%，领先2.4%），FIVE BELOW, INC同比增速更快（23.1% vs 7.6%），过去两年EPAM Systems的营收复合增速更高（10.5% vs -11.9%）
EPAM Systems是总部位于美国宾夕法尼亚州纽敦的企业，核心业务涵盖软件工程服务、数字平台研发、数字产品设计三大板块，同时是MACH联盟的创始成员，在全球数字化服务赛道拥有深厚的技术积累与行业认可度。
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
EPAM vs FIVE — 直观对比
营收规模更大
EPAM
是对方的1.3倍
$1.0B
营收增速更快
FIVE
高出15.5%
7.6%
净利率更高
EPAM
高出2.4%
3.5%
两年增速更快
EPAM
近两年复合增速
-11.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.0B |
| 净利润 | $82.5M | $36.5M |
| 毛利率 | — | 33.8% |
| 营业利润率 | 8.3% | 4.2% |
| 净利率 | 5.9% | 3.5% |
| 营收同比 | 7.6% | 23.1% |
| 净利润同比 | 12.3% | 2063.9% |
| 每股收益（稀释后） | $1.52 | $0.66 |
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EPAMFIVE
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $1.0B | ||
| Q3 25 | $1.4B | $1.0B | ||
| Q2 25 | $1.4B | $970.5M | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.2B | $843.7M | ||
| Q3 24 | $1.2B | $830.1M | ||
| Q2 24 | $1.1B | $811.9M |
净利润EPAMFIVE
| Q1 26 | $82.5M | — | ||
| Q4 25 | $109.4M | $36.5M | ||
| Q3 25 | $106.8M | $42.8M | ||
| Q2 25 | $88.0M | $41.1M | ||
| Q1 25 | $73.5M | $187.5M | ||
| Q4 24 | $103.3M | $1.7M | ||
| Q3 24 | $136.3M | $33.0M | ||
| Q2 24 | $98.6M | $31.5M |
毛利率EPAMFIVE
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | 33.8% | ||
| Q3 25 | 29.5% | 33.3% | ||
| Q2 25 | 28.8% | 33.4% | ||
| Q1 25 | 26.9% | 40.2% | ||
| Q4 24 | 30.4% | 30.6% | ||
| Q3 24 | 34.6% | 32.7% | ||
| Q2 24 | 29.3% | 32.5% |
营业利润率EPAMFIVE
| Q1 26 | 8.3% | — | ||
| Q4 25 | 10.6% | 4.2% | ||
| Q3 25 | 10.4% | 5.1% | ||
| Q2 25 | 9.3% | 5.2% | ||
| Q1 25 | 7.6% | 17.7% | ||
| Q4 24 | 10.9% | -0.1% | ||
| Q3 24 | 15.2% | 5.0% | ||
| Q2 24 | 10.5% | 4.5% |
净利率EPAMFIVE
| Q1 26 | 5.9% | — | ||
| Q4 25 | 7.8% | 3.5% | ||
| Q3 25 | 7.7% | 4.2% | ||
| Q2 25 | 6.5% | 4.2% | ||
| Q1 25 | 5.6% | 13.5% | ||
| Q4 24 | 8.3% | 0.2% | ||
| Q3 24 | 11.7% | 4.0% | ||
| Q2 24 | 8.6% | 3.9% |
每股收益（稀释后）EPAMFIVE
| Q1 26 | $1.52 | — | ||
| Q4 25 | $1.97 | $0.66 | ||
| Q3 25 | $1.91 | $0.77 | ||
| Q2 25 | $1.56 | $0.75 | ||
| Q1 25 | $1.28 | $3.40 | ||
| Q4 24 | $1.80 | $0.03 | ||
| Q3 24 | $2.37 | $0.60 | ||
| Q2 24 | $1.70 | $0.57 |
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 | $1.0B | $524.5M |
| 总债务越低越好 | $165.0M | — |
| 股东权益账面价值 | $3.4B | $2.0B |
| 总资产 | $4.7B | $4.8B |
| 负债/权益比越低杠杆越低 | 0.05× | — |
8季度趋势，按日历期对齐
现金及短期投资EPAMFIVE
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.3B | $524.5M | ||
| Q3 25 | $1.2B | $670.2M | ||
| Q2 25 | $1.0B | $624.0M | ||
| Q1 25 | $1.2B | $528.8M | ||
| Q4 24 | $1.3B | $216.6M | ||
| Q3 24 | $2.1B | $327.7M | ||
| Q2 24 | $1.8B | $369.6M |
总债务EPAMFIVE
| Q1 26 | $165.0M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益EPAMFIVE
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.7B | $2.0B | ||
| Q3 25 | $3.7B | $1.9B | ||
| Q2 25 | $3.7B | $1.9B | ||
| Q1 25 | $3.6B | $1.8B | ||
| Q4 24 | $3.6B | $1.6B | ||
| Q3 24 | $3.6B | $1.6B | ||
| Q2 24 | $3.4B | $1.6B |
总资产EPAMFIVE
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.9B | $4.8B | ||
| Q3 25 | $4.8B | $4.6B | ||
| Q2 25 | $4.7B | $4.5B | ||
| Q1 25 | $4.7B | $4.3B | ||
| Q4 24 | $4.8B | $4.2B | ||
| Q3 24 | $4.5B | $4.0B | ||
| Q2 24 | $4.2B | $3.9B |
负债/权益比EPAMFIVE
| Q1 26 | 0.05× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | — | $-80.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-133.2M |
| 自由现金流率自由现金流/营收 | — | -12.8% |
| 资本支出强度资本支出/营收 | — | 5.1% |
| 现金转化率经营现金流/净利润 | — | -2.19× |
| 过去12个月自由现金流最近4个季度 | — | $323.0M |
8季度趋势，按日历期对齐
经营现金流EPAMFIVE
| Q1 26 | — | — | ||
| Q4 25 | $282.9M | $-80.1M | ||
| Q3 25 | $294.7M | $93.0M | ||
| Q2 25 | $53.2M | $132.7M | ||
| Q1 25 | $24.2M | $363.5M | ||
| Q4 24 | $130.3M | $-30.6M | ||
| Q3 24 | $242.0M | $71.3M | ||
| Q2 24 | $57.0M | $26.4M |
自由现金流EPAMFIVE
| Q1 26 | — | — | ||
| Q4 25 | $268.1M | $-133.2M | ||
| Q3 25 | $286.4M | $48.3M | ||
| Q2 25 | $43.4M | $96.5M | ||
| Q1 25 | $14.8M | $311.4M | ||
| Q4 24 | $114.5M | $-111.0M | ||
| Q3 24 | $237.0M | $-32.4M | ||
| Q2 24 | $52.3M | $-61.4M |
自由现金流率EPAMFIVE
| Q1 26 | — | — | ||
| Q4 25 | 19.0% | -12.8% | ||
| Q3 25 | 20.5% | 4.7% | ||
| Q2 25 | 3.2% | 9.9% | ||
| Q1 25 | 1.1% | 22.4% | ||
| Q4 24 | 9.2% | -13.2% | ||
| Q3 24 | 20.3% | -3.9% | ||
| Q2 24 | 4.6% | -7.6% |
资本支出强度EPAMFIVE
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 5.1% | ||
| Q3 25 | 0.6% | 4.4% | ||
| Q2 25 | 0.7% | 3.7% | ||
| Q1 25 | 0.7% | 3.7% | ||
| Q4 24 | 1.3% | 9.5% | ||
| Q3 24 | 0.4% | 12.5% | ||
| Q2 24 | 0.4% | 10.8% |
现金转化率EPAMFIVE
| Q1 26 | — | — | ||
| Q4 25 | 2.59× | -2.19× | ||
| Q3 25 | 2.76× | 2.17× | ||
| Q2 25 | 0.60× | 3.22× | ||
| Q1 25 | 0.33× | 1.94× | ||
| Q4 24 | 1.26× | -18.13× | ||
| Q3 24 | 1.77× | 2.16× | ||
| Q2 24 | 0.58× | 0.84× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
