vs
EPAM Systems（EPAM）与Primoris Services Corp（PRIM）财务数据对比。点击上方公司名可切换其他公司
Primoris Services Corp的季度营收约是EPAM Systems的1.3倍（$1.9B vs $1.4B），EPAM Systems净利率更高（5.9% vs 2.8%，领先3.1%），EPAM Systems同比增速更快（7.6% vs 6.7%），过去两年Primoris Services Corp的营收复合增速更高（14.7% vs 10.5%）
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。
Primoris Services Corp是总部位于美国的上市专业基建与工程建设企业，核心业务覆盖天然气管道、污水管网及供水管道建设领域，2014年入选《财富》1000强榜单，在北美能源及民生基建领域拥有丰富的项目运营经验。
EPAM vs PRIM — 直观对比
营收规模更大
PRIM
是对方的1.3倍
$1.4B
营收增速更快
EPAM
高出0.9%
6.7%
净利率更高
EPAM
高出3.1%
2.8%
两年增速更快
PRIM
近两年复合增速
10.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.9B |
| 净利润 | $82.5M | $51.7M |
| 毛利率 | — | 9.4% |
| 营业利润率 | 8.3% | 4.2% |
| 净利率 | 5.9% | 2.8% |
| 营收同比 | 7.6% | 6.7% |
| 净利润同比 | 12.3% | -4.2% |
| 每股收益（稀释后） | $1.52 | $0.94 |
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EPAMPRIM
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $1.9B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.3B | $1.6B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B |
净利润EPAMPRIM
| Q1 26 | $82.5M | — | ||
| Q4 25 | $109.4M | $51.7M | ||
| Q3 25 | $106.8M | $94.6M | ||
| Q2 25 | $88.0M | $84.3M | ||
| Q1 25 | $73.5M | $44.2M | ||
| Q4 24 | $103.3M | $54.0M | ||
| Q3 24 | $136.3M | $58.4M | ||
| Q2 24 | $98.6M | $49.5M |
毛利率EPAMPRIM
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | 9.4% | ||
| Q3 25 | 29.5% | 10.8% | ||
| Q2 25 | 28.8% | 12.3% | ||
| Q1 25 | 26.9% | 10.4% | ||
| Q4 24 | 30.4% | 10.6% | ||
| Q3 24 | 34.6% | 12.0% | ||
| Q2 24 | 29.3% | 11.9% |
营业利润率EPAMPRIM
| Q1 26 | 8.3% | — | ||
| Q4 25 | 10.6% | 4.2% | ||
| Q3 25 | 10.4% | 6.3% | ||
| Q2 25 | 9.3% | 6.7% | ||
| Q1 25 | 7.6% | 4.3% | ||
| Q4 24 | 10.9% | 5.0% | ||
| Q3 24 | 15.2% | 6.0% | ||
| Q2 24 | 10.5% | 5.5% |
净利率EPAMPRIM
| Q1 26 | 5.9% | — | ||
| Q4 25 | 7.8% | 2.8% | ||
| Q3 25 | 7.7% | 4.3% | ||
| Q2 25 | 6.5% | 4.5% | ||
| Q1 25 | 5.6% | 2.7% | ||
| Q4 24 | 8.3% | 3.1% | ||
| Q3 24 | 11.7% | 3.5% | ||
| Q2 24 | 8.6% | 3.2% |
每股收益（稀释后）EPAMPRIM
| Q1 26 | $1.52 | — | ||
| Q4 25 | $1.97 | $0.94 | ||
| Q3 25 | $1.91 | $1.73 | ||
| Q2 25 | $1.56 | $1.54 | ||
| Q1 25 | $1.28 | $0.81 | ||
| Q4 24 | $1.80 | $0.98 | ||
| Q3 24 | $2.37 | $1.07 | ||
| Q2 24 | $1.70 | $0.91 |
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 | $535.5M |
| 总债务越低越好 | $165.0M | $469.9M |
| 股东权益账面价值 | $3.4B | $1.7B |
| 总资产 | $4.7B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.05× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资EPAMPRIM
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.3B | $535.5M | ||
| Q3 25 | $1.2B | $431.4M | ||
| Q2 25 | $1.0B | $390.3M | ||
| Q1 25 | $1.2B | $351.6M | ||
| Q4 24 | $1.3B | $455.8M | ||
| Q3 24 | $2.1B | $352.7M | ||
| Q2 24 | $1.8B | $207.4M |
总债务EPAMPRIM
| Q1 26 | $165.0M | — | ||
| Q4 25 | — | $469.9M | ||
| Q3 25 | — | $486.0M | ||
| Q2 25 | — | $603.1M | ||
| Q1 25 | — | $612.0M | ||
| Q4 24 | — | $734.8M | ||
| Q3 24 | — | $903.7M | ||
| Q2 24 | — | $933.0M |
股东权益EPAMPRIM
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.7B | $1.7B | ||
| Q3 25 | $3.7B | $1.6B | ||
| Q2 25 | $3.7B | $1.5B | ||
| Q1 25 | $3.6B | $1.4B | ||
| Q4 24 | $3.6B | $1.4B | ||
| Q3 24 | $3.6B | $1.4B | ||
| Q2 24 | $3.4B | $1.3B |
总资产EPAMPRIM
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.9B | $4.4B | ||
| Q3 25 | $4.8B | $4.6B | ||
| Q2 25 | $4.7B | $4.5B | ||
| Q1 25 | $4.7B | $4.2B | ||
| Q4 24 | $4.8B | $4.2B | ||
| Q3 24 | $4.5B | $4.2B | ||
| Q2 24 | $4.2B | $4.0B |
负债/权益比EPAMPRIM
| Q1 26 | 0.05× | — | ||
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.30× | ||
| Q2 25 | — | 0.39× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.52× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.72× |
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 | — | $142.9M |
| 自由现金流经营现金流 - 资本支出 | — | $121.1M |
| 自由现金流率自由现金流/营收 | — | 6.5% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 2.76× |
| 过去12个月自由现金流最近4个季度 | — | $340.5M |
8季度趋势，按日历期对齐
经营现金流EPAMPRIM
| Q1 26 | — | — | ||
| Q4 25 | $282.9M | $142.9M | ||
| Q3 25 | $294.7M | $182.9M | ||
| Q2 25 | $53.2M | $78.5M | ||
| Q1 25 | $24.2M | $66.2M | ||
| Q4 24 | $130.3M | $298.3M | ||
| Q3 24 | $242.0M | $222.5M | ||
| Q2 24 | $57.0M | $16.1M |
自由现金流EPAMPRIM
| Q1 26 | — | — | ||
| Q4 25 | $268.1M | $121.1M | ||
| Q3 25 | $286.4M | $148.4M | ||
| Q2 25 | $43.4M | $45.3M | ||
| Q1 25 | $14.8M | $25.6M | ||
| Q4 24 | $114.5M | $270.0M | ||
| Q3 24 | $237.0M | $158.8M | ||
| Q2 24 | $52.3M | $-8.1M |
自由现金流率EPAMPRIM
| Q1 26 | — | — | ||
| Q4 25 | 19.0% | 6.5% | ||
| Q3 25 | 20.5% | 6.8% | ||
| Q2 25 | 3.2% | 2.4% | ||
| Q1 25 | 1.1% | 1.6% | ||
| Q4 24 | 9.2% | 15.5% | ||
| Q3 24 | 20.3% | 9.6% | ||
| Q2 24 | 4.6% | -0.5% |
资本支出强度EPAMPRIM
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 1.2% | ||
| Q3 25 | 0.6% | 1.6% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 0.7% | 2.5% | ||
| Q4 24 | 1.3% | 1.6% | ||
| Q3 24 | 0.4% | 3.9% | ||
| Q2 24 | 0.4% | 1.5% |
现金转化率EPAMPRIM
| Q1 26 | — | — | ||
| Q4 25 | 2.59× | 2.76× | ||
| Q3 25 | 2.76× | 1.93× | ||
| Q2 25 | 0.60× | 0.93× | ||
| Q1 25 | 0.33× | 1.50× | ||
| Q4 24 | 1.26× | 5.53× | ||
| Q3 24 | 1.77× | 3.81× | ||
| Q2 24 | 0.58× | 0.32× |
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
PRIM
| Energy Segment | $1.2B | 64% |
| Unit Price Contracts | $473.7M | 25% |
| Cost Reimbursable Contracts | $121.3M | 7% |
| Other | $74.9M | 4% |
