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ExlService Holdings, Inc.（EXLS）与IAC Inc.（IAC）财务数据对比。点击上方公司名可切换其他公司
ExlService Holdings, Inc.的季度营收约是IAC Inc.的1.3倍（$542.6M vs $422.9M），ExlService Holdings, Inc.净利率更高（11.1% vs -17.0%，领先28.1%），ExlService Holdings, Inc.同比增速更快（12.7% vs -12.2%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $2.0M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs -18.4%）
ExlService Holdings Inc.是全球知名的分析与数字解决方案服务商，服务覆盖保险、医疗健康、银行金融服务、媒体、零售等多个行业，总部位于纽约，在美国、欧洲、亚洲、拉美、澳大利亚、南非等地拥有超过5.4万名专业从业人员。
IAC Inc.是一家美国控股企业，业务覆盖媒体与互联网领域，在全球拥有多个知名品牌。公司前身是1996年成立的HSN Inc.，当时作为家庭购物频道Home Shopping Network和USA电视台的控股主体运营，1999年更名为USA Networks Inc.，2002年将旗下电视业务资产出售给威望迪集团。
EXLS vs IAC — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $422.9M |
| 净利润 | $60.2M | $-71.9M |
| 毛利率 | 38.6% | 99.9% |
| 营业利润率 | 14.4% | — |
| 净利率 | 11.1% | -17.0% |
| 营收同比 | 12.7% | -12.2% |
| 净利润同比 | 18.9% | 67.1% |
| 每股收益（稀释后） | $0.38 | $-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
| Q1 26 | — | $422.9M | ||
| Q4 25 | $542.6M | $646.0M | ||
| Q3 25 | $529.6M | $589.8M | ||
| Q2 25 | $514.5M | $586.9M | ||
| Q1 25 | $501.0M | $570.5M | ||
| Q4 24 | $481.4M | $721.4M | ||
| Q3 24 | $472.1M | $642.0M | ||
| Q2 24 | $448.4M | $634.4M |
| Q1 26 | — | $-71.9M | ||
| Q4 25 | $60.2M | $-76.8M | ||
| Q3 25 | $58.2M | $-21.9M | ||
| Q2 25 | $66.1M | $211.5M | ||
| Q1 25 | $66.6M | $-216.8M | ||
| Q4 24 | $50.7M | $-199.0M | ||
| Q3 24 | $53.0M | $-243.7M | ||
| Q2 24 | $45.8M | $-142.2M |
| Q1 26 | — | 99.9% | ||
| Q4 25 | 38.6% | 69.8% | ||
| Q3 25 | 38.5% | 64.8% | ||
| Q2 25 | 37.7% | 65.6% | ||
| Q1 25 | 38.6% | 64.0% | ||
| Q4 24 | 38.1% | 65.8% | ||
| Q3 24 | 37.8% | 62.1% | ||
| Q2 24 | 37.1% | 60.1% |
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | -17.5% | ||
| Q3 25 | 14.4% | -3.5% | ||
| Q2 25 | 15.8% | 0.1% | ||
| Q1 25 | 15.7% | 6.3% | ||
| Q4 24 | 14.8% | 6.7% | ||
| Q3 24 | 14.7% | 1.3% | ||
| Q2 24 | 13.7% | -3.4% |
| Q1 26 | — | -17.0% | ||
| Q4 25 | 11.1% | -11.9% | ||
| Q3 25 | 11.0% | -3.7% | ||
| Q2 25 | 12.8% | 36.0% | ||
| Q1 25 | 13.3% | -38.0% | ||
| Q4 24 | 10.5% | -27.6% | ||
| Q3 24 | 11.2% | -38.0% | ||
| Q2 24 | 10.2% | -22.4% |
| Q1 26 | — | $-0.94 | ||
| Q4 25 | $0.38 | $-0.96 | ||
| Q3 25 | $0.36 | $-0.27 | ||
| Q2 25 | $0.40 | $2.57 | ||
| Q1 25 | $0.40 | $-2.64 | ||
| Q4 24 | $0.31 | $-2.36 | ||
| Q3 24 | $0.33 | $-2.93 | ||
| Q2 24 | $0.28 | $-1.71 |
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 | $328.4M | $1.1B |
| 总债务越低越好 | $298.6M | $24.5M |
| 股东权益账面价值 | $912.7M | $4.6B |
| 总资产 | $1.7B | $6.8B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.01× |
8季度趋势，按日历期对齐
| Q1 26 | — | $1.1B | ||
| Q4 25 | $328.4M | $960.2M | ||
| Q3 25 | $390.1M | $1.0B | ||
| Q2 25 | $353.3M | $1.1B | ||
| Q1 25 | $331.4M | $1.2B | ||
| Q4 24 | $340.6M | $1.4B | ||
| Q3 24 | $325.8M | $1.3B | ||
| Q2 24 | $276.1M | $1.3B |
| Q1 26 | — | $24.5M | ||
| Q4 25 | $298.6M | $1.4B | ||
| Q3 25 | $354.8M | $1.4B | ||
| Q2 25 | $260.0M | $1.4B | ||
| Q1 25 | $307.3M | — | ||
| Q4 24 | $288.5M | — | ||
| Q3 24 | $344.7M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $912.7M | $4.7B | ||
| Q3 25 | $952.4M | $4.8B | ||
| Q2 25 | $1.1B | $4.9B | ||
| Q1 25 | $1.0B | $4.7B | ||
| Q4 24 | $929.9M | $5.6B | ||
| Q3 24 | $907.6M | $5.8B | ||
| Q2 24 | $852.6M | $6.0B |
| Q1 26 | — | $6.8B | ||
| Q4 25 | $1.7B | $7.1B | ||
| Q3 25 | $1.7B | $7.2B | ||
| Q2 25 | $1.7B | $7.4B | ||
| Q1 25 | $1.7B | $7.2B | ||
| Q4 24 | $1.6B | $9.7B | ||
| Q3 24 | $1.6B | $9.8B | ||
| Q2 24 | $1.5B | $10.2B |
| Q1 26 | — | 0.01× | ||
| Q4 25 | 0.33× | 0.30× | ||
| Q3 25 | 0.37× | 0.30× | ||
| Q2 25 | 0.25× | 0.30× | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | — | — |
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 | $117.4M | $5.4M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $2.0M |
| 自由现金流率自由现金流/营收 | 19.6% | 0.5% |
| 资本支出强度资本支出/营收 | 2.0% | 1.9% |
| 现金转化率经营现金流/净利润 | 1.95× | — |
| 过去12个月自由现金流最近4个季度 | $298.1M | $51.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | $5.4M | ||
| Q4 25 | $117.4M | $36.6M | ||
| Q3 25 | $120.7M | $30.1M | ||
| Q2 25 | $109.4M | $-2.8M | ||
| Q1 25 | $3.2M | $63.0K | ||
| Q4 24 | $105.3M | $110.1M | ||
| Q3 24 | $110.1M | $95.3M | ||
| Q2 24 | $74.9M | $85.0M |
| Q1 26 | — | $2.0M | ||
| Q4 25 | $106.5M | $31.4M | ||
| Q3 25 | $106.4M | $25.3M | ||
| Q2 25 | $95.0M | $-7.2M | ||
| Q1 25 | $-9.7M | $-4.6M | ||
| Q4 24 | $95.3M | $104.8M | ||
| Q3 24 | $97.3M | $92.0M | ||
| Q2 24 | $62.8M | $81.6M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 19.6% | 4.9% | ||
| Q3 25 | 20.1% | 4.3% | ||
| Q2 25 | 18.5% | -1.2% | ||
| Q1 25 | -1.9% | -0.8% | ||
| Q4 24 | 19.8% | 14.5% | ||
| Q3 24 | 20.6% | 14.3% | ||
| Q2 24 | 14.0% | 12.9% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | 2.0% | 0.8% | ||
| Q3 25 | 2.7% | 0.8% | ||
| Q2 25 | 2.8% | 0.8% | ||
| Q1 25 | 2.6% | 0.8% | ||
| Q4 24 | 2.1% | 0.7% | ||
| Q3 24 | 2.7% | 0.5% | ||
| Q2 24 | 2.7% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | — | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.66× | -0.01× | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.08× | — | ||
| Q2 24 | 1.63× | — |
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
EXLS
| Insurance | $185.8M | 34% |
| Healthcare And Life Sciences | $142.2M | 26% |
| Banking Capital Markets And Diversified Industries | $122.6M | 23% |
| International Growth Markets | $92.0M | 17% |
IAC
| People Inc. (a) | $385.7M | 91% |
| Emerging & Other | $20.1M | 5% |
| Search | $17.1M | 4% |
