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EPAM Systems（EPAM）与Globe Life（GL）财务数据对比。点击上方公司名可切换其他公司
Globe Life的季度营收约是EPAM Systems的1.1倍（$1.6B vs $1.4B），Globe Life净利率更高（17.3% vs 7.8%，领先9.6%），EPAM Systems同比增速更快（12.8% vs 5.3%），过去两年EPAM Systems的营收复合增速更高（9.9% vs 4.1%）
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。
Globe Life Inc.（股票代码：GL）是总部位于美国得克萨斯州麦金尼的金融服务控股公司，在纽约证券交易所上市，通过旗下全资子公司开展业务，主营人寿保险、年金产品及补充健康保险产品。
EPAM vs GL — 直观对比
营收规模更大
GL
是对方的1.1倍
$1.4B
营收增速更快
EPAM
高出7.4%
5.3%
净利率更高
GL
高出9.6%
7.8%
两年增速更快
EPAM
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.6B |
| 净利润 | $109.4M | $270.5M |
| 毛利率 | 30.1% | — |
| 营业利润率 | 10.6% | — |
| 净利率 | 7.8% | 17.3% |
| 营收同比 | 12.8% | 5.3% |
| 净利润同比 | 5.9% | — |
| 每股收益（稀释后） | $1.97 | $3.39 |
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EPAMGL
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.1B | $1.4B |
净利润EPAMGL
| Q1 26 | — | $270.5M | ||
| Q4 25 | $109.4M | $266.1M | ||
| Q3 25 | $106.8M | $387.8M | ||
| Q2 25 | $88.0M | $252.7M | ||
| Q1 25 | $73.5M | $254.6M | ||
| Q4 24 | $103.3M | $255.2M | ||
| Q3 24 | $136.3M | $303.0M | ||
| Q2 24 | $98.6M | $258.4M |
毛利率EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | 26.1% | ||
| Q2 24 | 29.3% | 23.3% |
营业利润率EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | 10.6% | 21.7% | ||
| Q3 25 | 10.4% | 31.5% | ||
| Q2 25 | 9.3% | 21.2% | ||
| Q1 25 | 7.6% | 21.4% | ||
| Q4 24 | 10.9% | 21.3% | ||
| Q3 24 | 15.2% | 26.3% | ||
| Q2 24 | 10.5% | 23.5% |
净利率EPAMGL
| Q1 26 | — | 17.3% | ||
| Q4 25 | 7.8% | 17.5% | ||
| Q3 25 | 7.7% | 25.6% | ||
| Q2 25 | 6.5% | 17.1% | ||
| Q1 25 | 5.6% | 17.2% | ||
| Q4 24 | 8.3% | 17.4% | ||
| Q3 24 | 11.7% | 20.8% | ||
| Q2 24 | 8.6% | 17.9% |
每股收益（稀释后）EPAMGL
| Q1 26 | — | $3.39 | ||
| Q4 25 | $1.97 | $3.28 | ||
| Q3 25 | $1.91 | $4.73 | ||
| Q2 25 | $1.56 | $3.05 | ||
| Q1 25 | $1.28 | $3.01 | ||
| Q4 24 | $1.80 | $3.00 | ||
| Q3 24 | $2.37 | $3.44 | ||
| Q2 24 | $1.70 | $2.83 |
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 | $1.3B | $183.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $6.1B |
| 总资产 | $4.9B | — |
| 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EPAMGL
| Q1 26 | — | $183.8M | ||
| Q4 25 | $1.3B | $314.7M | ||
| Q3 25 | $1.2B | $62.8M | ||
| Q2 25 | $1.0B | $116.7M | ||
| Q1 25 | $1.2B | $134.1M | ||
| Q4 24 | $1.3B | $85.0M | ||
| Q3 24 | $2.1B | $100.5M | ||
| Q2 24 | $1.8B | $100.6M |
股东权益EPAMGL
| Q1 26 | — | $6.1B | ||
| Q4 25 | $3.7B | $6.0B | ||
| Q3 25 | $3.7B | $5.7B | ||
| Q2 25 | $3.7B | $5.4B | ||
| Q1 25 | $3.6B | $5.4B | ||
| Q4 24 | $3.6B | $5.3B | ||
| Q3 24 | $3.6B | $4.6B | ||
| Q2 24 | $3.4B | $5.2B |
总资产EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $30.8B | ||
| Q3 25 | $4.8B | $30.5B | ||
| Q2 25 | $4.7B | $29.8B | ||
| Q1 25 | $4.7B | $29.7B | ||
| Q4 24 | $4.8B | $29.1B | ||
| Q3 24 | $4.5B | $29.6B | ||
| Q2 24 | $4.2B | $28.3B |
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 | $282.9M | — |
| 自由现金流经营现金流 - 资本支出 | $268.1M | — |
| 自由现金流率自由现金流/营收 | 19.0% | — |
| 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 | 2.59× | — |
| 过去12个月自由现金流最近4个季度 | $612.7M | — |
8季度趋势，按日历期对齐
经营现金流EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | $282.9M | $350.6M | ||
| Q3 25 | $294.7M | $306.0M | ||
| Q2 25 | $53.2M | $307.9M | ||
| Q1 25 | $24.2M | $431.9M | ||
| Q4 24 | $130.3M | $336.9M | ||
| Q3 24 | $242.0M | $340.6M | ||
| Q2 24 | $57.0M | $374.1M |
自由现金流EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | $268.1M | $330.1M | ||
| Q3 25 | $286.4M | $208.7M | ||
| Q2 25 | $43.4M | $295.0M | ||
| Q1 25 | $14.8M | $420.1M | ||
| Q4 24 | $114.5M | $321.9M | ||
| Q3 24 | $237.0M | $311.3M | ||
| Q2 24 | $52.3M | $356.5M |
自由现金流率EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | 19.0% | 21.7% | ||
| Q3 25 | 20.5% | 13.8% | ||
| Q2 25 | 3.2% | 19.9% | ||
| Q1 25 | 1.1% | 28.4% | ||
| Q4 24 | 9.2% | 22.0% | ||
| Q3 24 | 20.3% | 21.4% | ||
| Q2 24 | 4.6% | 24.8% |
资本支出强度EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 1.3% | ||
| Q3 25 | 0.6% | 6.4% | ||
| Q2 25 | 0.7% | 0.9% | ||
| Q1 25 | 0.7% | 0.8% | ||
| Q4 24 | 1.3% | 1.0% | ||
| Q3 24 | 0.4% | 2.0% | ||
| Q2 24 | 0.4% | 1.2% |
现金转化率EPAMGL
| Q1 26 | — | — | ||
| Q4 25 | 2.59× | 1.32× | ||
| Q3 25 | 2.76× | 0.79× | ||
| Q2 25 | 0.60× | 1.22× | ||
| Q1 25 | 0.33× | 1.70× | ||
| Q4 24 | 1.26× | 1.32× | ||
| Q3 24 | 1.77× | 1.12× | ||
| Q2 24 | 0.58× | 1.45× |
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
EPAM
暂无分部数据
GL
| Life premium | $853.2M | 55% |
| Health premium | $416.9M | 27% |
| Other | $289.5M | 19% |
