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EXPONENT INC（EXPO）与PROGRESS SOFTWARE CORP（PRGS）财务数据对比。点击上方公司名可切换其他公司
PROGRESS SOFTWARE CORP的季度营收约是EXPONENT INC的1.7倍（$252.7M vs $147.4M），EXPONENT INC净利率更高（16.8% vs 10.2%，领先6.6%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 7.8%），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs 0.9%）
Exponent Inc.是美国知名工程与科学咨询企业，汇集科学家、医师、工程师及商业咨询专家，可在90余个技术领域开展研究与分析工作，目前在美国本土设有20个办事处，境外另有5个办事网点。
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
EXPO vs PRGS — 直观对比
营收规模更大
PRGS
是对方的1.7倍
$147.4M
营收增速更快
PRGS
高出9.7%
7.8%
净利率更高
EXPO
高出6.6%
10.2%
两年增速更快
PRGS
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $147.4M | $252.7M |
| 净利润 | $24.8M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | 19.8% | 15.2% |
| 净利率 | 16.8% | 10.2% |
| 营收同比 | 7.8% | 17.5% |
| 净利润同比 | 5.0% | 2144.6% |
| 每股收益（稀释后） | $0.49 | $0.59 |
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EXPOPRGS
| Q4 25 | $147.1M | $252.7M | ||
| Q3 25 | $142.0M | $249.8M | ||
| Q2 25 | $145.5M | $237.4M | ||
| Q1 25 | $136.8M | $238.0M | ||
| Q4 24 | — | $215.0M | ||
| Q3 24 | $136.3M | $178.7M | ||
| Q2 24 | $140.5M | $175.1M | ||
| Q1 24 | $144.9M | $184.7M |
净利润EXPOPRGS
| Q4 25 | $28.0M | $25.7M | ||
| Q3 25 | $26.6M | $19.4M | ||
| Q2 25 | $26.6M | $17.0M | ||
| Q1 25 | $23.6M | $10.9M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $26.0M | $28.5M | ||
| Q2 24 | $29.2M | $16.2M | ||
| Q1 24 | $30.1M | $22.6M |
毛利率EXPOPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% | ||
| Q1 24 | — | 82.2% |
营业利润率EXPOPRGS
| Q4 25 | 19.7% | 15.2% | ||
| Q3 25 | 12.1% | 17.6% | ||
| Q2 25 | 30.5% | 16.3% | ||
| Q1 25 | 19.9% | 13.6% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 19.0% | 22.6% | ||
| Q2 24 | 25.4% | 15.5% | ||
| Q1 24 | 21.2% | 19.0% |
净利率EXPOPRGS
| Q4 25 | 19.1% | 10.2% | ||
| Q3 25 | 18.7% | 7.8% | ||
| Q2 25 | 18.3% | 7.2% | ||
| Q1 25 | 17.2% | 4.6% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 19.1% | 15.9% | ||
| Q2 24 | 20.8% | 9.2% | ||
| Q1 24 | 20.8% | 12.3% |
每股收益（稀释后）EXPOPRGS
| Q4 25 | $0.55 | $0.59 | ||
| Q3 25 | $0.52 | $0.44 | ||
| Q2 25 | $0.52 | $0.39 | ||
| Q1 25 | $0.45 | $0.24 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | $0.50 | $0.65 | ||
| Q2 24 | $0.57 | $0.37 | ||
| Q1 24 | $0.59 | $0.51 |
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 | $221.9M | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $390.3M | $478.3M |
| 总资产 | $777.5M | $2.5B |
| 负债/权益比越低杠杆越低 | — | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资EXPOPRGS
| Q4 25 | $207.4M | $94.8M | ||
| Q3 25 | $231.8M | $99.0M | ||
| Q2 25 | $245.1M | $102.0M | ||
| Q1 25 | $258.9M | $124.2M | ||
| Q4 24 | — | $118.1M | ||
| Q3 24 | $219.7M | $232.7M | ||
| Q2 24 | $203.3M | $190.4M | ||
| Q1 24 | $168.7M | $133.2M |
总债务EXPOPRGS
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXPOPRGS
| Q4 25 | $402.9M | $478.3M | ||
| Q3 25 | $427.8M | $477.7M | ||
| Q2 25 | $441.4M | $452.7M | ||
| Q1 25 | $421.1M | $431.8M | ||
| Q4 24 | — | $438.8M | ||
| Q3 24 | $410.3M | $425.6M | ||
| Q2 24 | $393.2M | $401.7M | ||
| Q1 24 | $374.3M | $461.7M |
总资产EXPOPRGS
| Q4 25 | $761.4M | $2.5B | ||
| Q3 25 | $759.4M | $2.4B | ||
| Q2 25 | $763.2M | $2.4B | ||
| Q1 25 | $777.3M | $2.5B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $744.1M | $1.6B | ||
| Q2 24 | $709.2M | $1.6B | ||
| Q1 24 | $629.4M | $1.5B |
负债/权益比EXPOPRGS
| Q4 25 | — | 2.93× | ||
| Q3 25 | — | 2.97× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | — | $62.8M |
| 自由现金流经营现金流 - 资本支出 | — | $59.9M |
| 自由现金流率自由现金流/营收 | — | 23.7% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | — | $229.5M |
8季度趋势，按日历期对齐
经营现金流EXPOPRGS
| Q4 25 | $32.7M | $62.8M | ||
| Q3 25 | $36.2M | $73.4M | ||
| Q2 25 | $7.3M | $30.0M | ||
| Q1 25 | $56.1M | $68.9M | ||
| Q4 24 | — | $19.7M | ||
| Q3 24 | $29.7M | $57.7M | ||
| Q2 24 | $48.3M | $63.7M | ||
| Q1 24 | $10.4M | $70.5M |
自由现金流EXPOPRGS
| Q4 25 | $30.0M | $59.9M | ||
| Q3 25 | $33.9M | $72.4M | ||
| Q2 25 | $5.5M | $29.5M | ||
| Q1 25 | $53.5M | $67.7M | ||
| Q4 24 | — | $16.8M | ||
| Q3 24 | $28.0M | $56.6M | ||
| Q2 24 | $47.2M | $62.7M | ||
| Q1 24 | $8.9M | $70.2M |
自由现金流率EXPOPRGS
| Q4 25 | 20.4% | 23.7% | ||
| Q3 25 | 23.9% | 29.0% | ||
| Q2 25 | 3.8% | 12.4% | ||
| Q1 25 | 39.1% | 28.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 20.5% | 31.7% | ||
| Q2 24 | 33.6% | 35.8% | ||
| Q1 24 | 6.2% | 38.0% |
资本支出强度EXPOPRGS
| Q4 25 | 1.8% | 1.1% | ||
| Q3 25 | 1.6% | 0.4% | ||
| Q2 25 | 1.2% | 0.2% | ||
| Q1 25 | 1.9% | 0.5% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | 1.3% | 0.6% | ||
| Q2 24 | 0.8% | 0.5% | ||
| Q1 24 | 1.0% | 0.2% |
现金转化率EXPOPRGS
| Q4 25 | 1.16× | 2.44× | ||
| Q3 25 | 1.36× | 3.78× | ||
| Q2 25 | 0.27× | 1.76× | ||
| Q1 25 | 2.38× | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | 1.14× | 2.03× | ||
| Q2 24 | 1.65× | 3.93× | ||
| Q1 24 | 0.35× | 3.11× |
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
EXPO
| Revenues before reimbursements | $129.4M | 88% |
| Reimbursements | $18.0M | 12% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
