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EverCommerce Inc.（EVCM）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
EverCommerce Inc.的季度营收约是Repay Holdings Corp的1.9倍（$151.2M vs $78.6M），EverCommerce Inc.净利率更高（4.0% vs -178.3%，领先182.3%），EverCommerce Inc.同比增速更快（5.2% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $21.0M），过去两年EverCommerce Inc.的营收复合增速更高（4.7% vs -1.3%）
EverCommerce Inc.是面向服务类中小企业的领先集成SaaS解决方案提供商，核心市场覆盖北美及部分全球区域，产品线包含业务管理、支付处理、客户互动、营销工具等，服务家庭服务、健康康养、健身等多个细分领域。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
EVCM vs RPAY — 直观对比
营收规模更大
EVCM
是对方的1.9倍
$78.6M
营收增速更快
EVCM
高出4.8%
0.4%
净利率更高
EVCM
高出182.3%
-178.3%
自由现金流更多
RPAY
多$2.3M
$21.0M
两年增速更快
EVCM
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $151.2M | $78.6M |
| 净利润 | $6.0M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 8.8% | -182.2% |
| 净利率 | 4.0% | -178.3% |
| 营收同比 | 5.2% | 0.4% |
| 净利润同比 | 149.4% | -3304.1% |
| 每股收益（稀释后） | $0.04 | $-1.68 |
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EVCMRPAY
| Q4 25 | $151.2M | $78.6M | ||
| Q3 25 | $147.5M | $77.7M | ||
| Q2 25 | $148.0M | $75.6M | ||
| Q1 25 | $142.3M | $77.3M | ||
| Q4 24 | $143.7M | $78.3M | ||
| Q3 24 | $140.1M | $79.1M | ||
| Q2 24 | $140.5M | $74.9M | ||
| Q1 24 | $137.9M | $80.7M |
净利润EVCMRPAY
| Q4 25 | $6.0M | $-140.1M | ||
| Q3 25 | $11.1M | $-6.4M | ||
| Q2 25 | $8.2M | $-102.3M | ||
| Q1 25 | $-7.7M | $-7.9M | ||
| Q4 24 | $-12.2M | $-4.1M | ||
| Q3 24 | $-9.2M | $3.2M | ||
| Q2 24 | $-3.4M | $-4.1M | ||
| Q1 24 | $-16.3M | $-5.2M |
毛利率EVCMRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率EVCMRPAY
| Q4 25 | 8.8% | -182.2% | ||
| Q3 25 | 10.8% | -3.9% | ||
| Q2 25 | 10.7% | -138.7% | ||
| Q1 25 | 10.0% | -4.7% | ||
| Q4 24 | 8.8% | -1.5% | ||
| Q3 24 | 7.2% | -0.9% | ||
| Q2 24 | 5.5% | -4.6% | ||
| Q1 24 | -3.1% | -3.1% |
净利率EVCMRPAY
| Q4 25 | 4.0% | -178.3% | ||
| Q3 25 | 7.5% | -8.3% | ||
| Q2 25 | 5.5% | -135.2% | ||
| Q1 25 | -5.4% | -10.3% | ||
| Q4 24 | -8.5% | -5.3% | ||
| Q3 24 | -6.5% | 4.1% | ||
| Q2 24 | -2.4% | -5.4% | ||
| Q1 24 | -11.8% | -6.5% |
每股收益（稀释后）EVCMRPAY
| Q4 25 | $0.04 | $-1.68 | ||
| Q3 25 | $0.06 | $-0.08 | ||
| Q2 25 | $0.04 | $-1.15 | ||
| Q1 25 | $-0.04 | $-0.09 | ||
| Q4 24 | $-0.06 | $-0.04 | ||
| Q3 24 | $-0.05 | $0.03 | ||
| Q2 24 | $-0.02 | $-0.04 | ||
| Q1 24 | $-0.09 | $-0.06 |
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 | $129.7M | $115.7M |
| 总债务越低越好 | $523.4M | $280.1M |
| 股东权益账面价值 | $716.9M | $484.4M |
| 总资产 | $1.4B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资EVCMRPAY
| Q4 25 | $129.7M | $115.7M | ||
| Q3 25 | $106.9M | $95.7M | ||
| Q2 25 | $151.1M | $162.6M | ||
| Q1 25 | $148.4M | $165.5M | ||
| Q4 24 | $135.8M | $189.5M | ||
| Q3 24 | $101.6M | $168.7M | ||
| Q2 24 | $86.7M | $147.1M | ||
| Q1 24 | $90.0M | $128.3M |
总债务EVCMRPAY
| Q4 25 | $523.4M | $280.1M | ||
| Q3 25 | $524.6M | $279.5M | ||
| Q2 25 | $525.8M | $279.0M | ||
| Q1 25 | $526.9M | $497.6M | ||
| Q4 24 | $527.9M | $496.8M | ||
| Q3 24 | $529.0M | $496.2M | ||
| Q2 24 | $530.1M | $435.6M | ||
| Q1 24 | $531.1M | $434.9M |
股东权益EVCMRPAY
| Q4 25 | $716.9M | $484.4M | ||
| Q3 25 | $728.5M | $616.9M | ||
| Q2 25 | $744.0M | $633.7M | ||
| Q1 25 | $739.6M | $755.7M | ||
| Q4 24 | $750.8M | $761.3M | ||
| Q3 24 | $770.7M | $754.7M | ||
| Q2 24 | $784.1M | $815.4M | ||
| Q1 24 | $800.7M | $813.8M |
总资产EVCMRPAY
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.4B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.5B | $1.6B | ||
| Q2 24 | $1.5B | $1.5B | ||
| Q1 24 | $1.5B | $1.5B |
负债/权益比EVCMRPAY
| Q4 25 | 0.73× | 0.58× | ||
| Q3 25 | 0.72× | 0.45× | ||
| Q2 25 | 0.71× | 0.44× | ||
| Q1 25 | 0.71× | 0.66× | ||
| Q4 24 | 0.70× | 0.65× | ||
| Q3 24 | 0.69× | 0.66× | ||
| Q2 24 | 0.68× | 0.53× | ||
| Q1 24 | 0.66× | 0.53× |
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 | $21.3M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $21.0M | $23.2M |
| 自由现金流率自由现金流/营收 | 13.9% | 29.6% |
| 资本支出强度资本支出/营收 | 0.2% | 0.1% |
| 现金转化率经营现金流/净利润 | 3.52× | — |
| 过去12个月自由现金流最近4个季度 | $109.2M | $90.7M |
8季度趋势，按日历期对齐
经营现金流EVCMRPAY
| Q4 25 | $21.3M | $23.3M | ||
| Q3 25 | $32.5M | $32.2M | ||
| Q2 25 | $27.0M | $33.1M | ||
| Q1 25 | $30.7M | $2.5M | ||
| Q4 24 | $48.4M | $34.3M | ||
| Q3 24 | $27.5M | $60.1M | ||
| Q2 24 | $23.9M | $31.0M | ||
| Q1 24 | $13.3M | $24.8M |
自由现金流EVCMRPAY
| Q4 25 | $21.0M | $23.2M | ||
| Q3 25 | $31.6M | $32.1M | ||
| Q2 25 | $26.5M | $33.0M | ||
| Q1 25 | $30.2M | $2.4M | ||
| Q4 24 | $48.2M | $34.0M | ||
| Q3 24 | $27.4M | $59.8M | ||
| Q2 24 | $23.3M | $30.5M | ||
| Q1 24 | $12.9M | $24.7M |
自由现金流率EVCMRPAY
| Q4 25 | 13.9% | 29.6% | ||
| Q3 25 | 21.4% | 41.3% | ||
| Q2 25 | 17.9% | 43.6% | ||
| Q1 25 | 21.2% | 3.0% | ||
| Q4 24 | 33.5% | 43.5% | ||
| Q3 24 | 19.5% | 75.6% | ||
| Q2 24 | 16.6% | 40.7% | ||
| Q1 24 | 9.4% | 30.6% |
资本支出强度EVCMRPAY
| Q4 25 | 0.2% | 0.1% | ||
| Q3 25 | 0.6% | 0.2% | ||
| Q2 25 | 0.3% | 0.1% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.2% | 0.3% | ||
| Q3 24 | 0.1% | 0.3% | ||
| Q2 24 | 0.5% | 0.6% | ||
| Q1 24 | 0.3% | 0.1% |
现金转化率EVCMRPAY
| Q4 25 | 3.52× | — | ||
| Q3 25 | 2.93× | — | ||
| Q2 25 | 3.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
EVCM
| Transferred Over Time | $146.4M | 97% |
| Transferred At Point In Time | $4.8M | 3% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
