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Evolent Health, Inc.（EVH）与Penguin Solutions, Inc.（PENG）财务数据对比。点击上方公司名可切换其他公司
Evolent Health, Inc.的季度营收约是Penguin Solutions, Inc.的1.4倍（$496.2M vs $343.1M），Penguin Solutions, Inc.净利率更高（1.5% vs -5.4%，领先6.9%），Evolent Health, Inc.同比增速更快（2.6% vs 0.6%），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs -12.4%）
马奎尔健康是一家美国营利性医疗管理企业，目前为森特里奇旗下子公司，核心服务对象为特殊群体，业务聚焦医疗领域多个细分赛道。客户群体涵盖健康保险计划、其他管理式医疗机构、企业、工会、各类军事与政府机构以及第三方管理机构，2021年位列财富美国500强第390名。
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
EVH vs PENG — 直观对比
营收规模更大
EVH
是对方的1.4倍
$343.1M
营收增速更快
EVH
高出2.0%
0.6%
净利率更高
PENG
高出6.9%
-5.4%
两年增速更快
PENG
近两年复合增速
-12.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $496.2M | $343.1M |
| 净利润 | $-26.6M | $5.3M |
| 毛利率 | 16.9% | 28.0% |
| 营业利润率 | — | 5.7% |
| 净利率 | -5.4% | 1.5% |
| 营收同比 | 2.6% | 0.6% |
| 净利润同比 | — | 1.0% |
| 每股收益（稀释后） | — | $0.04 |
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EVHPENG
| Q1 26 | $496.2M | — | ||
| Q4 25 | $468.7M | $343.1M | ||
| Q3 25 | $479.5M | $337.9M | ||
| Q2 25 | $444.3M | $324.3M | ||
| Q1 25 | $483.6M | $365.5M | ||
| Q4 24 | $646.5M | $341.1M | ||
| Q3 24 | $621.4M | $284.8M | ||
| Q2 24 | $647.1M | $300.6M |
净利润EVHPENG
| Q1 26 | $-26.6M | — | ||
| Q4 25 | $-429.1M | $5.3M | ||
| Q3 25 | $-20.9M | $9.4M | ||
| Q2 25 | $-19.9M | $2.7M | ||
| Q1 25 | $-64.6M | $8.1M | ||
| Q4 24 | $-22.8M | $5.2M | ||
| Q3 24 | $-23.1M | — | ||
| Q2 24 | $1.6M | $5.6M |
毛利率EVHPENG
| Q1 26 | 16.9% | — | ||
| Q4 25 | 20.7% | 28.0% | ||
| Q3 25 | 20.8% | 28.6% | ||
| Q2 25 | 22.6% | 29.3% | ||
| Q1 25 | 21.2% | 28.6% | ||
| Q4 24 | 11.7% | 28.7% | ||
| Q3 24 | 13.0% | 28.8% | ||
| Q2 24 | 16.5% | 29.6% |
营业利润率EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | -87.1% | 5.7% | ||
| Q3 25 | 0.2% | 3.7% | ||
| Q2 25 | -0.3% | 3.0% | ||
| Q1 25 | -0.3% | 5.1% | ||
| Q4 24 | -2.9% | 5.1% | ||
| Q3 24 | -2.6% | -1.2% | ||
| Q2 24 | 1.2% | 3.8% |
净利率EVHPENG
| Q1 26 | -5.4% | — | ||
| Q4 25 | -91.6% | 1.5% | ||
| Q3 25 | -4.4% | 2.8% | ||
| Q2 25 | -4.5% | 0.8% | ||
| Q1 25 | -13.4% | 2.2% | ||
| Q4 24 | -3.5% | 1.5% | ||
| Q3 24 | -3.7% | — | ||
| Q2 24 | 0.2% | 1.9% |
每股收益（稀释后）EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | $-3.76 | $0.04 | ||
| Q3 25 | $-0.24 | $0.10 | ||
| Q2 25 | $-0.44 | $-0.01 | ||
| Q1 25 | $-0.63 | $0.09 | ||
| Q4 24 | $-0.26 | $0.10 | ||
| Q3 24 | $-0.27 | — | ||
| Q2 24 | $-0.06 | $0.10 |
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 | $142.0M | $461.5M |
| 总债务越低越好 | — | $462.3M |
| 股东权益账面价值 | $396.4M | $389.7M |
| 总资产 | $1.9B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资EVHPENG
| Q1 26 | $142.0M | — | ||
| Q4 25 | $151.9M | $461.5M | ||
| Q3 25 | $116.7M | $453.8M | ||
| Q2 25 | $151.0M | $735.5M | ||
| Q1 25 | $246.5M | $647.0M | ||
| Q4 24 | $104.2M | $393.7M | ||
| Q3 24 | $96.6M | $389.5M | ||
| Q2 24 | $101.3M | $467.5M |
总债务EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | — | $462.3M | ||
| Q3 25 | — | $461.8M | ||
| Q2 25 | — | $659.5M | ||
| Q1 25 | — | $658.8M | ||
| Q4 24 | — | $658.1M | ||
| Q3 24 | — | $657.3M | ||
| Q2 24 | — | $667.0M |
股东权益EVHPENG
| Q1 26 | $396.4M | — | ||
| Q4 25 | $415.2M | $389.7M | ||
| Q3 25 | $842.2M | $394.2M | ||
| Q2 25 | $896.0M | $584.8M | ||
| Q1 25 | $935.5M | $602.5M | ||
| Q4 24 | $1.0B | $400.4M | ||
| Q3 24 | $1.0B | $391.4M | ||
| Q2 24 | $1.1B | $423.4M |
总资产EVHPENG
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $2.5B | $1.6B | ||
| Q2 25 | $2.5B | $1.8B | ||
| Q1 25 | $2.7B | $1.8B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.5B | $1.5B | ||
| Q2 24 | $2.5B | $1.5B |
负债/权益比EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | 1.13× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.68× | ||
| Q2 24 | — | 1.58× |
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 | — | $31.1M |
| 自由现金流经营现金流 - 资本支出 | — | $28.2M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | — | 5.89× |
| 过去12个月自由现金流最近4个季度 | — | $116.3M |
8季度趋势，按日历期对齐
经营现金流EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | $48.8M | $31.1M | ||
| Q3 25 | $15.8M | $-70.4M | ||
| Q2 25 | $-30.3M | $92.8M | ||
| Q1 25 | $4.6M | $72.9M | ||
| Q4 24 | $-26.2M | $13.8M | ||
| Q3 24 | $18.7M | — | ||
| Q2 24 | $21.4M | $57.9M |
自由现金流EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | — | $28.2M | ||
| Q3 25 | — | $-73.4M | ||
| Q2 25 | — | $90.9M | ||
| Q1 25 | — | $70.5M | ||
| Q4 24 | — | $12.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $48.9M |
自由现金流率EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -21.7% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | — | 19.3% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 16.3% |
资本支出强度EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.0% |
现金转化率EVHPENG
| Q1 26 | — | — | ||
| Q4 25 | — | 5.89× | ||
| Q3 25 | — | -7.47× | ||
| Q2 25 | — | 34.88× | ||
| Q1 25 | — | 9.02× | ||
| Q4 24 | — | 2.65× | ||
| Q3 24 | — | — | ||
| Q2 24 | 13.42× | 10.30× |
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
EVH
| Performance Suite | $323.3M | 65% |
| Specialty Technology and Services Suite | $80.8M | 16% |
| Administrative Services | $49.6M | 10% |
| Cases | $42.6M | 9% |
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
