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EPAM Systems（EPAM）与Helmerich & Payne, Inc.（HP）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Helmerich & Payne, Inc.的1.4倍（$1.4B vs $981.1M），EPAM Systems净利率更高（7.8% vs -9.9%，领先17.6%），Helmerich & Payne, Inc.同比增速更快（45.4% vs 12.8%），EPAM Systems自由现金流更多（$268.1M vs $114.9M），过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs 9.9%）
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。
Helmerich & Payne（简称H&P）是总部位于美国俄克拉荷马州塔尔萨的跨国石油钻探承包商，为油气勘探开发企业提供钻井及相关配套服务。公司1998年推出的FlexRigs系列钻井平台广泛应用于非常规页岩地层钻探作业，是全球最大的陆上钻探服务商之一。
EPAM vs HP — 直观对比
营收规模更大
EPAM
是对方的1.4倍
$981.1M
营收增速更快
HP
高出32.7%
12.8%
净利率更高
EPAM
高出17.6%
-9.9%
自由现金流更多
EPAM
多$153.2M
$114.9M
两年增速更快
HP
近两年复合增速
9.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $981.1M |
| 净利润 | $109.4M | $-96.7M |
| 毛利率 | 30.1% | — |
| 营业利润率 | 10.6% | -6.1% |
| 净利率 | 7.8% | -9.9% |
| 营收同比 | 12.8% | 45.4% |
| 净利润同比 | 5.9% | -276.6% |
| 每股收益（稀释后） | $1.97 | $-0.98 |
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EPAMHP
| Q4 25 | $1.4B | $981.1M | ||
| Q3 25 | $1.4B | $953.8M | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.2B | $674.6M | ||
| Q3 24 | $1.2B | $691.3M | ||
| Q2 24 | $1.1B | $695.1M | ||
| Q1 24 | $1.2B | $685.1M |
净利润EPAMHP
| Q4 25 | $109.4M | $-96.7M | ||
| Q3 25 | $106.8M | $-57.4M | ||
| Q2 25 | $88.0M | $-162.8M | ||
| Q1 25 | $73.5M | $1.7M | ||
| Q4 24 | $103.3M | $54.8M | ||
| Q3 24 | $136.3M | $75.5M | ||
| Q2 24 | $98.6M | $88.7M | ||
| Q1 24 | $116.2M | $84.8M |
毛利率EPAMHP
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | — | ||
| Q2 24 | 29.3% | — | ||
| Q1 24 | 28.4% | — |
营业利润率EPAMHP
| Q4 25 | 10.6% | -6.1% | ||
| Q3 25 | 10.4% | -0.1% | ||
| Q2 25 | 9.3% | -12.4% | ||
| Q1 25 | 7.6% | 4.2% | ||
| Q4 24 | 10.9% | 13.3% | ||
| Q3 24 | 15.2% | 15.4% | ||
| Q2 24 | 10.5% | 16.0% | ||
| Q1 24 | 9.5% | 16.1% |
净利率EPAMHP
| Q4 25 | 7.8% | -9.9% | ||
| Q3 25 | 7.7% | -6.0% | ||
| Q2 25 | 6.5% | -15.7% | ||
| Q1 25 | 5.6% | 0.2% | ||
| Q4 24 | 8.3% | 8.1% | ||
| Q3 24 | 11.7% | 10.9% | ||
| Q2 24 | 8.6% | 12.8% | ||
| Q1 24 | 10.0% | 12.4% |
每股收益（稀释后）EPAMHP
| Q4 25 | $1.97 | $-0.98 | ||
| Q3 25 | $1.91 | $-0.57 | ||
| Q2 25 | $1.56 | $-1.64 | ||
| Q1 25 | $1.28 | $0.01 | ||
| Q4 24 | $1.80 | $0.54 | ||
| Q3 24 | $2.37 | $0.77 | ||
| Q2 24 | $1.70 | $0.88 | ||
| Q1 24 | $1.97 | $0.84 |
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 | $269.0M |
| 总债务越低越好 | — | $2.0B |
| 股东权益账面价值 | $3.7B | $2.7B |
| 总资产 | $4.9B | $6.5B |
| 负债/权益比越低杠杆越低 | — | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资EPAMHP
| Q4 25 | $1.3B | $269.0M | ||
| Q3 25 | $1.2B | $218.3M | ||
| Q2 25 | $1.0B | $187.4M | ||
| Q1 25 | $1.2B | $195.6M | ||
| Q4 24 | $1.3B | $526.5M | ||
| Q3 24 | $2.1B | $510.3M | ||
| Q2 24 | $1.8B | $289.7M | ||
| Q1 24 | $2.0B | $277.0M |
总债务EPAMHP
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EPAMHP
| Q4 25 | $3.7B | $2.7B | ||
| Q3 25 | $3.7B | $2.8B | ||
| Q2 25 | $3.7B | $2.9B | ||
| Q1 25 | $3.6B | $3.1B | ||
| Q4 24 | $3.6B | $2.9B | ||
| Q3 24 | $3.6B | $2.9B | ||
| Q2 24 | $3.4B | $2.9B | ||
| Q1 24 | $3.5B | $2.8B |
总资产EPAMHP
| Q4 25 | $4.9B | $6.5B | ||
| Q3 25 | $4.8B | $6.7B | ||
| Q2 25 | $4.7B | $6.9B | ||
| Q1 25 | $4.7B | $7.2B | ||
| Q4 24 | $4.8B | $5.8B | ||
| Q3 24 | $4.5B | $5.8B | ||
| Q2 24 | $4.2B | $4.5B | ||
| Q1 24 | $4.4B | $4.4B |
负债/权益比EPAMHP
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.76× | ||
| Q1 25 | — | 0.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.61× | ||
| 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 | $282.9M | $182.4M |
| 自由现金流经营现金流 - 资本支出 | $268.1M | $114.9M |
| 自由现金流率自由现金流/营收 | 19.0% | 11.7% |
| 资本支出强度资本支出/营收 | 1.1% | 6.9% |
| 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 | $179.6M |
8季度趋势，按日历期对齐
经营现金流EPAMHP
| Q4 25 | $282.9M | $182.4M | ||
| Q3 25 | $294.7M | $206.9M | ||
| Q2 25 | $53.2M | $121.6M | ||
| Q1 25 | $24.2M | $56.0M | ||
| Q4 24 | $130.3M | $158.4M | ||
| Q3 24 | $242.0M | $168.8M | ||
| Q2 24 | $57.0M | $197.4M | ||
| Q1 24 | $129.9M | $143.7M |
自由现金流EPAMHP
| Q4 25 | $268.1M | $114.9M | ||
| Q3 25 | $286.4M | $142.8M | ||
| Q2 25 | $43.4M | $24.6M | ||
| Q1 25 | $14.8M | $-102.7M | ||
| Q4 24 | $114.5M | $51.9M | ||
| Q3 24 | $237.0M | $62.8M | ||
| Q2 24 | $52.3M | $63.0M | ||
| Q1 24 | $123.2M | $25.4M |
自由现金流率EPAMHP
| Q4 25 | 19.0% | 11.7% | ||
| Q3 25 | 20.5% | 15.0% | ||
| Q2 25 | 3.2% | 2.4% | ||
| Q1 25 | 1.1% | -10.1% | ||
| Q4 24 | 9.2% | 7.7% | ||
| Q3 24 | 20.3% | 9.1% | ||
| Q2 24 | 4.6% | 9.1% | ||
| Q1 24 | 10.6% | 3.7% |
资本支出强度EPAMHP
| Q4 25 | 1.1% | 6.9% | ||
| Q3 25 | 0.6% | 6.7% | ||
| Q2 25 | 0.7% | 9.3% | ||
| Q1 25 | 0.7% | 15.7% | ||
| Q4 24 | 1.3% | 15.8% | ||
| Q3 24 | 0.4% | 15.3% | ||
| Q2 24 | 0.4% | 19.3% | ||
| Q1 24 | 0.6% | 17.3% |
现金转化率EPAMHP
| Q4 25 | 2.59× | — | ||
| Q3 25 | 2.76× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.33× | 33.89× | ||
| Q4 24 | 1.26× | 2.89× | ||
| Q3 24 | 1.77× | 2.24× | ||
| Q2 24 | 0.58× | 2.23× | ||
| Q1 24 | 1.12× | 1.69× |
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
HP
| North America Solutions | $563.6M | 57% |
| International Solutions Segment | $229.3M | 23% |
| Offshore Solutions | $188.3M | 19% |
