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FirstCash Holdings, Inc.（FCFS）与PEGASYSTEMS INC（PEGA）财务数据对比。点击上方公司名可切换其他公司
FirstCash Holdings, Inc.的季度营收约是PEGASYSTEMS INC的1.2倍（$501.3M vs $430.0M），FirstCash Holdings, Inc.净利率更高（20.8% vs 7.6%，领先13.2%），FirstCash Holdings, Inc.同比增速更快（21.2% vs -9.6%），过去两年FirstCash Holdings, Inc.的营收复合增速更高（16.9% vs 10.7%）
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
Pegasystems Inc.（简称Pega）是1983年成立的全球软件企业，总部位于美国马萨诸塞州沃尔瑟姆，1996年于纳斯达克上市，股票代码PEGA。公司主打低代码平台，面向企业客户提供工作流自动化、生成式AI驱动决策等相关解决方案。
FCFS vs PEGA — 直观对比
营收规模更大
FCFS
是对方的1.2倍
$430.0M
营收增速更快
FCFS
高出30.8%
-9.6%
净利率更高
FCFS
高出13.2%
7.6%
两年增速更快
FCFS
近两年复合增速
10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $501.3M | $430.0M |
| 净利润 | $104.2M | $32.8M |
| 毛利率 | — | 75.2% |
| 营业利润率 | 28.5% | 8.6% |
| 净利率 | 20.8% | 7.6% |
| 营收同比 | 21.2% | -9.6% |
| 净利润同比 | 24.7% | — |
| 每股收益（稀释后） | $2.35 | $0.18 |
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FCFSPEGA
| Q1 26 | — | $430.0M | ||
| Q4 25 | $501.3M | $504.3M | ||
| Q3 25 | $411.0M | $381.4M | ||
| Q2 25 | $385.1M | $384.5M | ||
| Q1 25 | $371.1M | $475.6M | ||
| Q4 24 | $413.7M | $490.8M | ||
| Q3 24 | $363.1M | $325.1M | ||
| Q2 24 | $363.5M | $351.2M |
净利润FCFSPEGA
| Q1 26 | — | $32.8M | ||
| Q4 25 | $104.2M | $234.6M | ||
| Q3 25 | $82.8M | $43.4M | ||
| Q2 25 | $59.8M | $30.1M | ||
| Q1 25 | $83.6M | $85.4M | ||
| Q4 24 | $83.5M | $119.1M | ||
| Q3 24 | $64.8M | $-14.4M | ||
| Q2 24 | $49.1M | $6.6M |
毛利率FCFSPEGA
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | — | 70.2% | ||
| Q2 24 | — | 72.4% |
营业利润率FCFSPEGA
| Q1 26 | — | 8.6% | ||
| Q4 25 | 28.5% | 20.7% | ||
| Q3 25 | 27.4% | 3.8% | ||
| Q2 25 | 21.1% | 4.5% | ||
| Q1 25 | 30.0% | 26.7% | ||
| Q4 24 | 26.5% | 29.1% | ||
| Q3 24 | 23.5% | -3.6% | ||
| Q2 24 | 18.2% | 3.7% |
净利率FCFSPEGA
| Q1 26 | — | 7.6% | ||
| Q4 25 | 20.8% | 46.5% | ||
| Q3 25 | 20.1% | 11.4% | ||
| Q2 25 | 15.5% | 7.8% | ||
| Q1 25 | 22.5% | 18.0% | ||
| Q4 24 | 20.2% | 24.3% | ||
| Q3 24 | 17.9% | -4.4% | ||
| Q2 24 | 13.5% | 1.9% |
每股收益（稀释后）FCFSPEGA
| Q1 26 | — | $0.18 | ||
| Q4 25 | $2.35 | $0.81 | ||
| Q3 25 | $1.86 | $0.24 | ||
| Q2 25 | $1.34 | $0.17 | ||
| Q1 25 | $1.87 | $0.91 | ||
| Q4 24 | $1.86 | $1.35 | ||
| Q3 24 | $1.44 | $-0.17 | ||
| Q2 24 | $1.08 | $0.07 |
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 | $125.2M | $270.0M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.3B | $705.9M |
| 总资产 | $5.3B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.98× | — |
8季度趋势，按日历期对齐
现金及短期投资FCFSPEGA
| Q1 26 | — | $270.0M | ||
| Q4 25 | $125.2M | $425.8M | ||
| Q3 25 | $130.2M | $351.4M | ||
| Q2 25 | $101.5M | $411.6M | ||
| Q1 25 | $146.0M | $371.7M | ||
| Q4 24 | $175.1M | $740.0M | ||
| Q3 24 | $106.3M | $703.0M | ||
| Q2 24 | $113.7M | $665.1M |
总债务FCFSPEGA
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.7B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.7B | — |
股东权益FCFSPEGA
| Q1 26 | — | $705.9M | ||
| Q4 25 | $2.3B | $787.4M | ||
| Q3 25 | $2.2B | $596.8M | ||
| Q2 25 | $2.1B | $624.5M | ||
| Q1 25 | $2.1B | $611.3M | ||
| Q4 24 | $2.1B | $585.5M | ||
| Q3 24 | $2.0B | $473.0M | ||
| Q2 24 | $2.0B | $435.4M |
总资产FCFSPEGA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $5.3B | $1.6B | ||
| Q3 25 | $5.2B | $1.3B | ||
| Q2 25 | $4.5B | $1.3B | ||
| Q1 25 | $4.4B | $1.3B | ||
| Q4 24 | $4.5B | $1.8B | ||
| Q3 24 | $4.4B | $1.6B | ||
| Q2 24 | $4.3B | $1.5B |
负债/权益比FCFSPEGA
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | — | ||
| Q3 25 | 1.01× | — | ||
| Q2 25 | 0.79× | — | ||
| Q1 25 | 0.83× | — | ||
| Q4 24 | 0.85× | — | ||
| Q3 24 | 0.87× | — | ||
| Q2 24 | 0.85× | — |
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 | $206.6M | — |
| 自由现金流经营现金流 - 资本支出 | — | $206.5M |
| 自由现金流率自由现金流/营收 | — | 48.0% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | — | $494.9M |
8季度趋势，按日历期对齐
经营现金流FCFSPEGA
| Q1 26 | — | — | ||
| Q4 25 | $206.6M | $158.4M | ||
| Q3 25 | $135.8M | $56.3M | ||
| Q2 25 | $116.9M | $86.3M | ||
| Q1 25 | $126.6M | $204.2M | ||
| Q4 24 | $198.1M | $95.2M | ||
| Q3 24 | $113.1M | $30.5M | ||
| Q2 24 | $106.2M | $40.1M |
自由现金流FCFSPEGA
| Q1 26 | — | $206.5M | ||
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $51.8M | ||
| Q2 25 | — | $84.1M | ||
| Q1 25 | — | $202.3M | ||
| Q4 24 | — | $92.4M | ||
| Q3 24 | — | $27.4M | ||
| Q2 24 | — | $38.8M |
自由现金流率FCFSPEGA
| Q1 26 | — | 48.0% | ||
| Q4 25 | — | 30.2% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | — | 42.5% | ||
| Q4 24 | — | 18.8% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 11.1% |
资本支出强度FCFSPEGA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.4% |
现金转化率FCFSPEGA
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 0.68× | ||
| Q3 25 | 1.64× | 1.30× | ||
| Q2 25 | 1.95× | 2.87× | ||
| Q1 25 | 1.51× | 2.39× | ||
| Q4 24 | 2.37× | 0.80× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 2.16× | 6.06× |
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
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
