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ExlService Holdings, Inc.（EXLS）与Strategic Education, Inc.（STRA）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Strategic Education, Inc.的1.8倍（$542.6M vs $305.9M），ExlService Holdings, Inc.净利率更高（11.1% vs 9.7%，领先1.4%），ExlService Holdings, Inc.同比增速更快（12.7% vs -0.8%），ExlService Holdings, Inc.自由现金流更多（$106.5M vs $57.3M），过去两年ExlService Holdings, Inc.的营收复合增速更高（11.5% vs -1.0%）
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。
Strategic Education, Inc.（简称SEI）是一家教育服务控股企业，前身为斯特雷尔教育公司。旗下拥有营利性在线院校卡佩拉大学、斯特雷尔大学，还运营着DevMountain、Hackbright学院、Sophia Learning等提供非学位课程的教育机构。
EXLS vs STRA — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.6M | $305.9M |
| 净利润 | $60.2M | $29.7M |
| 毛利率 | 38.6% | — |
| 营业利润率 | 14.4% | 13.0% |
| 净利率 | 11.1% | 9.7% |
| 营收同比 | 12.7% | -0.8% |
| 净利润同比 | 18.9% | -9.3% |
| 每股收益（稀释后） | $0.38 | $1.24 |
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 | — | $305.9M | ||
| Q4 25 | $542.6M | $323.2M | ||
| Q3 25 | $529.6M | $319.9M | ||
| Q2 25 | $514.5M | $321.5M | ||
| Q1 25 | $501.0M | $303.6M | ||
| Q4 24 | $481.4M | $311.5M | ||
| Q3 24 | $472.1M | $306.0M | ||
| Q2 24 | $448.4M | $312.3M |
| Q1 26 | — | $29.7M | ||
| Q4 25 | $60.2M | $37.9M | ||
| Q3 25 | $58.2M | $26.6M | ||
| Q2 25 | $66.1M | $32.3M | ||
| Q1 25 | $66.6M | $29.7M | ||
| Q4 24 | $50.7M | $25.3M | ||
| Q3 24 | $53.0M | $27.7M | ||
| Q2 24 | $45.8M | $29.9M |
| Q1 26 | — | — | ||
| Q4 25 | 38.6% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 37.7% | — | ||
| Q1 25 | 38.6% | — | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 37.8% | — | ||
| Q2 24 | 37.1% | — |
| Q1 26 | — | 13.0% | ||
| Q4 25 | 14.4% | 16.0% | ||
| Q3 25 | 14.4% | 11.6% | ||
| Q2 25 | 15.8% | 14.2% | ||
| Q1 25 | 15.7% | 13.1% | ||
| Q4 24 | 14.8% | 11.6% | ||
| Q3 24 | 14.7% | 11.9% | ||
| Q2 24 | 13.7% | 13.4% |
| Q1 26 | — | 9.7% | ||
| Q4 25 | 11.1% | 11.7% | ||
| Q3 25 | 11.0% | 8.3% | ||
| Q2 25 | 12.8% | 10.1% | ||
| Q1 25 | 13.3% | 9.8% | ||
| Q4 24 | 10.5% | 8.1% | ||
| Q3 24 | 11.2% | 9.1% | ||
| Q2 24 | 10.2% | 9.6% |
| Q1 26 | — | $1.24 | ||
| Q4 25 | $0.38 | $1.65 | ||
| Q3 25 | $0.36 | $1.15 | ||
| Q2 25 | $0.40 | $1.37 | ||
| Q1 25 | $0.40 | $1.24 | ||
| Q4 24 | $0.31 | $1.05 | ||
| Q3 24 | $0.33 | $1.15 | ||
| Q2 24 | $0.28 | $1.24 |
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 | $140.8M |
| 总债务越低越好 | $298.6M | — |
| 股东权益账面价值 | $912.7M | $1.6B |
| 总资产 | $1.7B | $2.0B |
| 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 | — | $140.8M | ||
| Q4 25 | $328.4M | $148.1M | ||
| Q3 25 | $390.1M | $172.6M | ||
| Q2 25 | $353.3M | $164.9M | ||
| Q1 25 | $331.4M | $182.6M | ||
| Q4 24 | $340.6M | $184.0M | ||
| Q3 24 | $325.8M | $222.1M | ||
| Q2 24 | $276.1M | $256.2M |
| 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 | — | $1.6B | ||
| Q4 25 | $912.7M | $1.6B | ||
| Q3 25 | $952.4M | $1.7B | ||
| Q2 25 | $1.1B | $1.7B | ||
| Q1 25 | $1.0B | $1.6B | ||
| Q4 24 | $929.9M | $1.7B | ||
| Q3 24 | $907.6M | $1.7B | ||
| Q2 24 | $852.6M | $1.7B |
| Q1 26 | — | $2.0B | ||
| Q4 25 | $1.7B | $2.0B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.7B | $2.1B | ||
| Q4 24 | $1.6B | $2.0B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.5B | $2.2B |
| 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 | $67.7M |
| 自由现金流经营现金流 - 资本支出 | $106.5M | $57.3M |
| 自由现金流率自由现金流/营收 | 19.6% | 18.7% |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | 1.95× | 2.27× |
| 过去12个月自由现金流最近4个季度 | $298.1M | $153.9M |
8季度趋势，按日历期对齐
| Q1 26 | — | $67.7M | ||
| Q4 25 | $117.4M | $39.2M | ||
| Q3 25 | $120.7M | $60.1M | ||
| Q2 25 | $109.4M | $31.2M | ||
| Q1 25 | $3.2M | $67.7M | ||
| Q4 24 | $105.3M | $15.9M | ||
| Q3 24 | $110.1M | $51.5M | ||
| Q2 24 | $74.9M | $24.3M |
| Q1 26 | — | $57.3M | ||
| Q4 25 | $106.5M | $27.0M | ||
| Q3 25 | $106.4M | $49.3M | ||
| Q2 25 | $95.0M | $20.4M | ||
| Q1 25 | $-9.7M | $57.3M | ||
| Q4 24 | $95.3M | $4.7M | ||
| Q3 24 | $97.3M | $42.1M | ||
| Q2 24 | $62.8M | $13.6M |
| Q1 26 | — | 18.7% | ||
| Q4 25 | 19.6% | 8.3% | ||
| Q3 25 | 20.1% | 15.4% | ||
| Q2 25 | 18.5% | 6.3% | ||
| Q1 25 | -1.9% | 18.9% | ||
| Q4 24 | 19.8% | 1.5% | ||
| Q3 24 | 20.6% | 13.8% | ||
| Q2 24 | 14.0% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 3.8% | ||
| Q3 25 | 2.7% | 3.4% | ||
| Q2 25 | 2.8% | 3.4% | ||
| Q1 25 | 2.6% | 3.4% | ||
| Q4 24 | 2.1% | 3.6% | ||
| Q3 24 | 2.7% | 3.1% | ||
| Q2 24 | 2.7% | 3.4% |
| Q1 26 | — | 2.27× | ||
| Q4 25 | 1.95× | 1.03× | ||
| Q3 25 | 2.08× | 2.26× | ||
| Q2 25 | 1.66× | 0.97× | ||
| Q1 25 | 0.05× | 2.27× | ||
| Q4 24 | 2.08× | 0.63× | ||
| Q3 24 | 2.08× | 1.86× | ||
| Q2 24 | 1.63× | 0.81× |
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% |
STRA
| U.S. Higher Education | $221.0M | 72% |
| Australia/New Zealand | $48.3M | 16% |
| Education Technology Services | $34.3M | 11% |
