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ExlService Holdings, Inc.（EXLS）与MACOM Technology Solutions Holdings, Inc.（MTSI）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MACOM Technology Solutions Holdings, Inc.的2.0倍（$542.6M vs $271.6M），MACOM Technology Solutions Holdings, Inc.净利率更高（18.0% vs 11.1%，领先6.9%），MACOM Technology Solutions Holdings, Inc.同比增速更快（24.5% vs 12.7%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $30.0M），过去两年MACOM Technology Solutions Holdings, Inc.的营收复合增速更高（22.4% vs 11.5%）
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。
MACOM是美国知名的射频、微波及毫米波半导体器件与组件研发生产商，总部位于马萨诸塞州洛厄尔，2005年曾是当地规模最大的私营雇主。公司已通过ISO9001国际质量体系认证及ISO14001环境管理体系认证，在北美、欧洲、亚洲及澳大利亚均设有设计中心与销售办事处。
EXLS vs MTSI — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $271.6M |
| 净利润 | $60.2M | $48.8M |
| 毛利率 | 38.6% | 55.9% |
| 营业利润率 | 14.4% | 15.9% |
| 净利率 | 11.1% | 18.0% |
| 营收同比 | 12.7% | 24.5% |
| 净利润同比 | 18.9% | 129.1% |
| 每股收益（稀释后） | $0.38 | $0.64 |
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 | — | $271.6M | ||
| Q4 25 | $542.6M | $261.2M | ||
| Q3 25 | $529.6M | $252.1M | ||
| Q2 25 | $514.5M | $235.9M | ||
| Q1 25 | $501.0M | $218.1M | ||
| Q4 24 | $481.4M | — | ||
| Q3 24 | $472.1M | $200.7M | ||
| Q2 24 | $448.4M | $190.5M |
| Q1 26 | — | $48.8M | ||
| Q4 25 | $60.2M | $45.1M | ||
| Q3 25 | $58.2M | $36.5M | ||
| Q2 25 | $66.1M | $31.7M | ||
| Q1 25 | $66.6M | $-167.5M | ||
| Q4 24 | $50.7M | — | ||
| Q3 24 | $53.0M | $29.4M | ||
| Q2 24 | $45.8M | $19.9M |
| Q1 26 | — | 55.9% | ||
| Q4 25 | 38.6% | 54.5% | ||
| Q3 25 | 38.5% | 55.3% | ||
| Q2 25 | 37.7% | 55.2% | ||
| Q1 25 | 38.6% | 53.7% | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 37.8% | 54.7% | ||
| Q2 24 | 37.1% | 53.2% |
| Q1 26 | — | 15.9% | ||
| Q4 25 | 14.4% | 15.2% | ||
| Q3 25 | 14.4% | 14.9% | ||
| Q2 25 | 15.8% | 14.8% | ||
| Q1 25 | 15.7% | 8.0% | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 14.7% | 13.7% | ||
| Q2 24 | 13.7% | 10.4% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | 11.1% | 17.3% | ||
| Q3 25 | 11.0% | 14.5% | ||
| Q2 25 | 12.8% | 13.4% | ||
| Q1 25 | 13.3% | -76.8% | ||
| Q4 24 | 10.5% | — | ||
| Q3 24 | 11.2% | 14.7% | ||
| Q2 24 | 10.2% | 10.5% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $0.38 | $0.67 | ||
| Q3 25 | $0.36 | $0.48 | ||
| Q2 25 | $0.40 | $0.42 | ||
| Q1 25 | $0.40 | $-2.30 | ||
| Q4 24 | $0.31 | — | ||
| Q3 24 | $0.33 | $0.40 | ||
| Q2 24 | $0.28 | $0.27 |
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 | $768.5M |
| 总债务越低越好 | $298.6M | — |
| 股东权益账面价值 | $912.7M | $1.4B |
| 总资产 | $1.7B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $768.5M | ||
| Q4 25 | $328.4M | $786.0M | ||
| Q3 25 | $390.1M | $735.2M | ||
| Q2 25 | $353.3M | $681.5M | ||
| Q1 25 | $331.4M | $656.5M | ||
| Q4 24 | $340.6M | — | ||
| Q3 24 | $325.8M | $581.9M | ||
| Q2 24 | $276.1M | $521.5M |
| Q1 26 | — | — | ||
| Q4 25 | $298.6M | — | ||
| Q3 25 | $354.8M | — | ||
| Q2 25 | $260.0M | — | ||
| Q1 25 | $307.3M | — | ||
| Q4 24 | $288.5M | — | ||
| Q3 24 | $344.7M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $912.7M | $1.3B | ||
| Q3 25 | $952.4M | $1.3B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.0B | $1.2B | ||
| Q4 24 | $929.9M | — | ||
| Q3 24 | $907.6M | $1.1B | ||
| Q2 24 | $852.6M | $1.1B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.7B | $2.1B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.7B | $1.9B | ||
| Q1 25 | $1.7B | $1.8B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.25× | — | ||
| 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 | $42.9M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $30.0M |
| 自由现金流率自由现金流/营收 | 19.6% | 11.0% |
| 资本支出强度资本支出/营收 | 2.0% | 4.8% |
| 现金转化率经营现金流/净利润 | 1.95× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $161.5M |
8季度趋势，按日历期对齐
| Q1 26 | — | $42.9M | ||
| Q4 25 | $117.4M | $69.6M | ||
| Q3 25 | $120.7M | $60.4M | ||
| Q2 25 | $109.4M | $38.7M | ||
| Q1 25 | $3.2M | $66.7M | ||
| Q4 24 | $105.3M | — | ||
| Q3 24 | $110.1M | $62.3M | ||
| Q2 24 | $74.9M | $49.0M |
| Q1 26 | — | $30.0M | ||
| Q4 25 | $106.5M | $49.4M | ||
| Q3 25 | $106.4M | $51.6M | ||
| Q2 25 | $95.0M | $30.5M | ||
| Q1 25 | $-9.7M | $61.3M | ||
| Q4 24 | $95.3M | — | ||
| Q3 24 | $97.3M | $57.1M | ||
| Q2 24 | $62.8M | $41.5M |
| Q1 26 | — | 11.0% | ||
| Q4 25 | 19.6% | 18.9% | ||
| Q3 25 | 20.1% | 20.5% | ||
| Q2 25 | 18.5% | 12.9% | ||
| Q1 25 | -1.9% | 28.1% | ||
| Q4 24 | 19.8% | — | ||
| Q3 24 | 20.6% | 28.5% | ||
| Q2 24 | 14.0% | 21.8% |
| Q1 26 | — | 4.8% | ||
| Q4 25 | 2.0% | 7.7% | ||
| Q3 25 | 2.7% | 3.5% | ||
| Q2 25 | 2.8% | 3.5% | ||
| Q1 25 | 2.6% | 2.4% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | 2.7% | 2.6% | ||
| Q2 24 | 2.7% | 3.9% |
| Q1 26 | — | 0.88× | ||
| Q4 25 | 1.95× | 1.54× | ||
| Q3 25 | 2.08× | 1.65× | ||
| Q2 25 | 1.66× | 1.22× | ||
| Q1 25 | 0.05× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.08× | 2.12× | ||
| Q2 24 | 1.63× | 2.46× |
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% |
MTSI
| Industrial Defense | $117.7M | 43% |
| Data Center | $85.8M | 32% |
| Telecom | $68.1M | 25% |
