vs
EPAM Systems（EPAM）与Ubiquiti Inc.（UI）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Ubiquiti Inc.的1.7倍（$1.4B vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs 7.8%，领先20.9%），Ubiquiti Inc.同比增速更快（35.8% vs 12.8%），EPAM Systems自由现金流更多（$268.1M vs $260.3M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% 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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
EPAM vs UI — 直观对比
营收规模更大
EPAM
是对方的1.7倍
$814.9M
营收增速更快
UI
高出23.1%
12.8%
净利率更高
UI
高出20.9%
7.8%
自由现金流更多
EPAM
多$7.8M
$260.3M
两年增速更快
UI
近两年复合增速
9.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $814.9M |
| 净利润 | $109.4M | $233.6M |
| 毛利率 | 30.1% | 45.9% |
| 营业利润率 | 10.6% | 35.9% |
| 净利率 | 7.8% | 28.7% |
| 营收同比 | 12.8% | 35.8% |
| 净利润同比 | 5.9% | 70.8% |
| 每股收益（稀释后） | $1.97 | $3.86 |
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EPAMUI
| Q4 25 | $1.4B | $814.9M | ||
| Q3 25 | $1.4B | $733.8M | ||
| Q2 25 | $1.4B | $759.2M | ||
| Q1 25 | $1.3B | $664.2M | ||
| Q4 24 | $1.2B | $599.9M | ||
| Q3 24 | $1.2B | $550.3M | ||
| Q2 24 | $1.1B | $507.5M | ||
| Q1 24 | $1.2B | $493.0M |
净利润EPAMUI
| Q4 25 | $109.4M | $233.6M | ||
| Q3 25 | $106.8M | $207.9M | ||
| Q2 25 | $88.0M | $266.7M | ||
| Q1 25 | $73.5M | $180.4M | ||
| Q4 24 | $103.3M | $136.8M | ||
| Q3 24 | $136.3M | $128.0M | ||
| Q2 24 | $98.6M | $103.8M | ||
| Q1 24 | $116.2M | $76.3M |
毛利率EPAMUI
| Q4 25 | 30.1% | 45.9% | ||
| Q3 25 | 29.5% | 46.0% | ||
| Q2 25 | 28.8% | 45.1% | ||
| Q1 25 | 26.9% | 44.5% | ||
| Q4 24 | 30.4% | 41.2% | ||
| Q3 24 | 34.6% | 42.1% | ||
| Q2 24 | 29.3% | 40.2% | ||
| Q1 24 | 28.4% | 35.3% |
营业利润率EPAMUI
| Q4 25 | 10.6% | 35.9% | ||
| Q3 25 | 10.4% | 35.7% | ||
| Q2 25 | 9.3% | 34.4% | ||
| Q1 25 | 7.6% | 34.2% | ||
| Q4 24 | 10.9% | 29.8% | ||
| Q3 24 | 15.2% | 30.7% | ||
| Q2 24 | 10.5% | 27.3% | ||
| Q1 24 | 9.5% | 22.6% |
净利率EPAMUI
| Q4 25 | 7.8% | 28.7% | ||
| Q3 25 | 7.7% | 28.3% | ||
| Q2 25 | 6.5% | 35.1% | ||
| Q1 25 | 5.6% | 27.2% | ||
| Q4 24 | 8.3% | 22.8% | ||
| Q3 24 | 11.7% | 23.3% | ||
| Q2 24 | 8.6% | 20.5% | ||
| Q1 24 | 10.0% | 15.5% |
每股收益（稀释后）EPAMUI
| Q4 25 | $1.97 | $3.86 | ||
| Q3 25 | $1.91 | $3.43 | ||
| Q2 25 | $1.56 | $4.40 | ||
| Q1 25 | $1.28 | $2.98 | ||
| Q4 24 | $1.80 | $2.26 | ||
| Q3 24 | $2.37 | $2.12 | ||
| Q2 24 | $1.70 | $1.72 | ||
| Q1 24 | $1.97 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | — | $47.5M |
| 股东权益账面价值 | $3.7B | $1.0B |
| 总资产 | $4.9B | $1.6B |
| 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EPAMUI
| Q4 25 | $1.3B | $302.8M | ||
| Q3 25 | $1.2B | $177.2M | ||
| Q2 25 | $1.0B | $149.7M | ||
| Q1 25 | $1.2B | $151.0M | ||
| Q4 24 | $1.3B | $133.1M | ||
| Q3 24 | $2.1B | $165.2M | ||
| Q2 24 | $1.8B | $126.3M | ||
| Q1 24 | $2.0B | $102.5M |
总债务EPAMUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | — | $133.8M | ||
| Q2 25 | — | $250.0M | ||
| Q1 25 | — | $340.0M | ||
| Q4 24 | — | $406.3M | ||
| Q3 24 | — | $552.5M | ||
| Q2 24 | — | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益EPAMUI
| Q4 25 | $3.7B | $1.0B | ||
| Q3 25 | $3.7B | $828.4M | ||
| Q2 25 | $3.7B | $668.3M | ||
| Q1 25 | $3.6B | $436.1M | ||
| Q4 24 | $3.6B | $290.4M | ||
| Q3 24 | $3.6B | $188.1M | ||
| Q2 24 | $3.4B | $95.1M | ||
| Q1 24 | $3.5B | $25.9M |
总资产EPAMUI
| Q4 25 | $4.9B | $1.6B | ||
| Q3 25 | $4.8B | $1.5B | ||
| Q2 25 | $4.7B | $1.5B | ||
| Q1 25 | $4.7B | $1.3B | ||
| Q4 24 | $4.8B | $1.2B | ||
| Q3 24 | $4.5B | $1.2B | ||
| Q2 24 | $4.2B | $1.2B | ||
| Q1 24 | $4.4B | $1.2B |
负债/权益比EPAMUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.37× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 2.94× | ||
| Q2 24 | — | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $268.1M | $260.3M |
| 自由现金流率自由现金流/营收 | 19.0% | 31.9% |
| 资本支出强度资本支出/营收 | 1.1% | 0.4% |
| 现金转化率经营现金流/净利润 | 2.59× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $612.7M | $699.5M |
8季度趋势，按日历期对齐
经营现金流EPAMUI
| Q4 25 | $282.9M | $263.9M | ||
| Q3 25 | $294.7M | $198.5M | ||
| Q2 25 | $53.2M | $130.4M | ||
| Q1 25 | $24.2M | $123.6M | ||
| Q4 24 | $130.3M | $152.4M | ||
| Q3 24 | $242.0M | $233.7M | ||
| Q2 24 | $57.0M | $231.4M | ||
| Q1 24 | $129.9M | $163.9M |
自由现金流EPAMUI
| Q4 25 | $268.1M | $260.3M | ||
| Q3 25 | $286.4M | $193.3M | ||
| Q2 25 | $43.4M | $125.2M | ||
| Q1 25 | $14.8M | $120.7M | ||
| Q4 24 | $114.5M | $150.4M | ||
| Q3 24 | $237.0M | $231.1M | ||
| Q2 24 | $52.3M | $229.5M | ||
| Q1 24 | $123.2M | $160.6M |
自由现金流率EPAMUI
| Q4 25 | 19.0% | 31.9% | ||
| Q3 25 | 20.5% | 26.3% | ||
| Q2 25 | 3.2% | 16.5% | ||
| Q1 25 | 1.1% | 18.2% | ||
| Q4 24 | 9.2% | 25.1% | ||
| Q3 24 | 20.3% | 42.0% | ||
| Q2 24 | 4.6% | 45.2% | ||
| Q1 24 | 10.6% | 32.6% |
资本支出强度EPAMUI
| Q4 25 | 1.1% | 0.4% | ||
| Q3 25 | 0.6% | 0.7% | ||
| Q2 25 | 0.7% | 0.7% | ||
| Q1 25 | 0.7% | 0.4% | ||
| Q4 24 | 1.3% | 0.3% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.4% | 0.4% | ||
| Q1 24 | 0.6% | 0.7% |
现金转化率EPAMUI
| Q4 25 | 2.59× | 1.13× | ||
| Q3 25 | 2.76× | 0.95× | ||
| Q2 25 | 0.60× | 0.49× | ||
| Q1 25 | 0.33× | 0.68× | ||
| Q4 24 | 1.26× | 1.11× | ||
| Q3 24 | 1.77× | 1.83× | ||
| Q2 24 | 0.58× | 2.23× | ||
| Q1 24 | 1.12× | 2.15× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
