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EPAM Systems（EPAM）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是EPAM Systems的1.9倍（$2.7B vs $1.4B），EPAM Systems净利率更高（7.8% vs 2.5%，领先5.2%），Rocket Companies, Inc.同比增速更快（52.2% vs 12.8%），EPAM Systems自由现金流更多（$268.1M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
EPAM vs RKT — 直观对比
营收规模更大
RKT
是对方的1.9倍
$1.4B
营收增速更快
RKT
高出39.4%
12.8%
净利率更高
EPAM
高出5.2%
2.5%
自由现金流更多
EPAM
多$1.5B
$-1.3B
两年增速更快
RKT
近两年复合增速
9.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.7B |
| 净利润 | $109.4M | $68.0M |
| 毛利率 | 30.1% | — |
| 营业利润率 | 10.6% | 6.3% |
| 净利率 | 7.8% | 2.5% |
| 营收同比 | 12.8% | 52.2% |
| 净利润同比 | 5.9% | 100.8% |
| 每股收益（稀释后） | $1.97 | $0.10 |
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EPAMRKT
| Q4 25 | $1.4B | $2.7B | ||
| Q3 25 | $1.4B | $1.6B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.2B | $1.8B | ||
| Q3 24 | $1.2B | $646.9M | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $1.2B | $1.4B |
净利润EPAMRKT
| Q4 25 | $109.4M | $68.0M | ||
| Q3 25 | $106.8M | $-123.9M | ||
| Q2 25 | $88.0M | $-1.8M | ||
| Q1 25 | $73.5M | $-10.4M | ||
| Q4 24 | $103.3M | $33.9M | ||
| Q3 24 | $136.3M | $-22.0M | ||
| Q2 24 | $98.6M | $1.3M | ||
| Q1 24 | $116.2M | $16.2M |
毛利率EPAMRKT
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | 58.9% | ||
| Q3 24 | 34.6% | -8.4% | ||
| Q2 24 | 29.3% | 47.4% | ||
| Q1 24 | 28.4% | 51.2% |
营业利润率EPAMRKT
| Q4 25 | 10.6% | 6.3% | ||
| Q3 25 | 10.4% | -11.5% | ||
| Q2 25 | 9.3% | 1.8% | ||
| Q1 25 | 7.6% | -21.5% | ||
| Q4 24 | 10.9% | 38.1% | ||
| Q3 24 | 15.2% | -76.9% | ||
| Q2 24 | 10.5% | 14.8% | ||
| Q1 24 | 9.5% | 21.6% |
净利率EPAMRKT
| Q4 25 | 7.8% | 2.5% | ||
| Q3 25 | 7.7% | -7.7% | ||
| Q2 25 | 6.5% | -0.1% | ||
| Q1 25 | 5.6% | -1.0% | ||
| Q4 24 | 8.3% | 1.9% | ||
| Q3 24 | 11.7% | -3.4% | ||
| Q2 24 | 8.6% | 0.1% | ||
| Q1 24 | 10.0% | 1.2% |
每股收益（稀释后）EPAMRKT
| Q4 25 | $1.97 | $0.10 | ||
| Q3 25 | $1.91 | $-0.06 | ||
| Q2 25 | $1.56 | $-0.01 | ||
| Q1 25 | $1.28 | $-0.08 | ||
| Q4 24 | $1.80 | $0.28 | ||
| Q3 24 | $2.37 | $-0.19 | ||
| Q2 24 | $1.70 | $0.01 | ||
| Q1 24 | $1.97 | $0.11 |
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 | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $22.9B |
| 总资产 | $4.9B | $60.7B |
| 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EPAMRKT
| Q4 25 | $1.3B | $2.7B | ||
| Q3 25 | $1.2B | $5.8B | ||
| Q2 25 | $1.0B | $5.1B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.3B | $1.3B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $1.8B | $1.3B | ||
| Q1 24 | $2.0B | $861.4M |
股东权益EPAMRKT
| Q4 25 | $3.7B | $22.9B | ||
| Q3 25 | $3.7B | $8.9B | ||
| Q2 25 | $3.7B | $7.4B | ||
| Q1 25 | $3.6B | $8.6B | ||
| Q4 24 | $3.6B | $9.0B | ||
| Q3 24 | $3.6B | $8.4B | ||
| Q2 24 | $3.4B | $8.8B | ||
| Q1 24 | $3.5B | $8.6B |
总资产EPAMRKT
| Q4 25 | $4.9B | $60.7B | ||
| Q3 25 | $4.8B | $33.6B | ||
| Q2 25 | $4.7B | $30.4B | ||
| Q1 25 | $4.7B | $25.3B | ||
| Q4 24 | $4.8B | $24.5B | ||
| Q3 24 | $4.5B | $25.1B | ||
| Q2 24 | $4.2B | $23.6B | ||
| Q1 24 | $4.4B | $22.2B |
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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $268.1M | $-1.3B |
| 自由现金流率自由现金流/营收 | 19.0% | -47.2% |
| 资本支出强度资本支出/营收 | 1.1% | 1.5% |
| 现金转化率经营现金流/净利润 | 2.59× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $612.7M | $-4.0B |
8季度趋势，按日历期对齐
经营现金流EPAMRKT
| Q4 25 | $282.9M | $-1.2B | ||
| Q3 25 | $294.7M | $-50.3M | ||
| Q2 25 | $53.2M | $-1.9B | ||
| Q1 25 | $24.2M | $-797.0M | ||
| Q4 24 | $130.3M | $1.8B | ||
| Q3 24 | $242.0M | $-1.3B | ||
| Q2 24 | $57.0M | $-122.3M | ||
| Q1 24 | $129.9M | $-3.0B |
自由现金流EPAMRKT
| Q4 25 | $268.1M | $-1.3B | ||
| Q3 25 | $286.4M | $-71.8M | ||
| Q2 25 | $43.4M | $-1.9B | ||
| Q1 25 | $14.8M | $-811.0M | ||
| Q4 24 | $114.5M | $1.8B | ||
| Q3 24 | $237.0M | $-1.4B | ||
| Q2 24 | $52.3M | $-138.3M | ||
| Q1 24 | $123.2M | $-3.0B |
自由现金流率EPAMRKT
| Q4 25 | 19.0% | -47.2% | ||
| Q3 25 | 20.5% | -4.5% | ||
| Q2 25 | 3.2% | -137.2% | ||
| Q1 25 | 1.1% | -78.2% | ||
| Q4 24 | 9.2% | 103.1% | ||
| Q3 24 | 20.3% | -209.6% | ||
| Q2 24 | 4.6% | -10.6% | ||
| Q1 24 | 10.6% | -218.7% |
资本支出强度EPAMRKT
| Q4 25 | 1.1% | 1.5% | ||
| Q3 25 | 0.6% | 1.3% | ||
| Q2 25 | 0.7% | 1.1% | ||
| Q1 25 | 0.7% | 1.4% | ||
| Q4 24 | 1.3% | 1.1% | ||
| Q3 24 | 0.4% | 2.9% | ||
| Q2 24 | 0.4% | 1.2% | ||
| Q1 24 | 0.6% | 1.0% |
现金转化率EPAMRKT
| Q4 25 | 2.59× | -18.08× | ||
| Q3 25 | 2.76× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.26× | 54.42× | ||
| Q3 24 | 1.77× | — | ||
| Q2 24 | 0.58× | -94.46× | ||
| Q1 24 | 1.12× | -185.80× |
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
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
