vs
FactSet（FDS）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
泰瑞达的季度营收约是FactSet的1.8倍（$1.1B vs $607.6M），FactSet净利率更高（25.1% vs 23.7%，领先1.4%），泰瑞达同比增速更快（43.9% vs 6.9%），泰瑞达自由现金流更多（$218.8M vs $90.4M），过去两年泰瑞达的营收复合增速更高（34.4% vs 5.5%）
FactSet是总部位于美国康涅狄格州诺沃克的金融数据与软件企业，为客户提供一体化数据及软件解决方案。2024财年，公司年度订阅价值与专业服务营收合计22亿美元，当前总市值约170亿美元。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
FDS vs TER — 直观对比
营收规模更大
TER
是对方的1.8倍
$607.6M
营收增速更快
TER
高出37.0%
6.9%
净利率更高
FDS
高出1.4%
23.7%
自由现金流更多
TER
多$128.3M
$90.4M
两年增速更快
TER
近两年复合增速
5.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $607.6M | $1.1B |
| 净利润 | $152.6M | $257.2M |
| 毛利率 | 52.6% | 57.2% |
| 营业利润率 | 31.6% | 27.1% |
| 净利率 | 25.1% | 23.7% |
| 营收同比 | 6.9% | 43.9% |
| 净利润同比 | 1.7% | 75.9% |
| 每股收益（稀释后） | $4.06 | $1.62 |
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FDSTER
| Q4 25 | $607.6M | $1.1B | ||
| Q3 25 | $596.9M | $769.2M | ||
| Q2 25 | $585.5M | $651.8M | ||
| Q1 25 | $570.7M | $685.7M | ||
| Q4 24 | $568.7M | $752.9M | ||
| Q3 24 | $562.2M | $737.3M | ||
| Q2 24 | $552.7M | $729.9M | ||
| Q1 24 | $545.9M | $599.8M |
净利润FDSTER
| Q4 25 | $152.6M | $257.2M | ||
| Q3 25 | $153.6M | $119.6M | ||
| Q2 25 | $148.5M | $78.4M | ||
| Q1 25 | $144.9M | $98.9M | ||
| Q4 24 | $150.0M | $146.3M | ||
| Q3 24 | $89.5M | $145.6M | ||
| Q2 24 | $158.1M | $186.3M | ||
| Q1 24 | $140.9M | $64.2M |
毛利率FDSTER
| Q4 25 | 52.6% | 57.2% | ||
| Q3 25 | 51.6% | 58.4% | ||
| Q2 25 | 52.1% | 57.2% | ||
| Q1 25 | 52.8% | 60.6% | ||
| Q4 24 | 54.5% | 59.4% | ||
| Q3 24 | 54.1% | 59.2% | ||
| Q2 24 | 55.3% | 58.3% | ||
| Q1 24 | 53.3% | 56.6% |
营业利润率FDSTER
| Q4 25 | 31.6% | 27.1% | ||
| Q3 25 | 29.7% | 18.9% | ||
| Q2 25 | 33.2% | 13.9% | ||
| Q1 25 | 32.5% | 17.6% | ||
| Q4 24 | 33.6% | 20.4% | ||
| Q3 24 | 22.7% | 20.6% | ||
| Q2 24 | 36.6% | 28.8% | ||
| Q1 24 | 33.3% | 13.0% |
净利率FDSTER
| Q4 25 | 25.1% | 23.7% | ||
| Q3 25 | 25.7% | 15.5% | ||
| Q2 25 | 25.4% | 12.0% | ||
| Q1 25 | 25.4% | 14.4% | ||
| Q4 24 | 26.4% | 19.4% | ||
| Q3 24 | 15.9% | 19.8% | ||
| Q2 24 | 28.6% | 25.5% | ||
| Q1 24 | 25.8% | 10.7% |
每股收益（稀释后）FDSTER
| Q4 25 | $4.06 | $1.62 | ||
| Q3 25 | $4.03 | $0.75 | ||
| Q2 25 | $3.87 | $0.49 | ||
| Q1 25 | $3.76 | $0.61 | ||
| Q4 24 | $3.89 | $0.89 | ||
| Q3 24 | $2.33 | $0.89 | ||
| Q2 24 | $4.09 | $1.14 | ||
| Q1 24 | $3.65 | $0.40 |
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 | $292.7M | $293.8M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $2.2B | $2.8B |
| 总资产 | $4.2B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.63× | — |
8季度趋势，按日历期对齐
现金及短期投资FDSTER
| Q4 25 | $292.7M | $293.8M | ||
| Q3 25 | $355.1M | $272.7M | ||
| Q2 25 | $364.0M | $339.3M | ||
| Q1 25 | $287.0M | $475.6M | ||
| Q4 24 | $358.8M | $553.4M | ||
| Q3 24 | $492.6M | $510.0M | ||
| Q2 24 | $522.0M | $421.9M | ||
| Q1 24 | $450.2M | $707.4M |
总债务FDSTER
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.5B | — |
股东权益FDSTER
| Q4 25 | $2.2B | $2.8B | ||
| Q3 25 | $2.2B | $2.7B | ||
| Q2 25 | $2.2B | $2.8B | ||
| Q1 25 | $2.1B | $2.8B | ||
| Q4 24 | $2.0B | $2.8B | ||
| Q3 24 | $1.9B | $2.9B | ||
| Q2 24 | $1.9B | $2.7B | ||
| Q1 24 | $1.8B | $2.6B |
总资产FDSTER
| Q4 25 | $4.2B | $4.2B | ||
| Q3 25 | $4.3B | $4.0B | ||
| Q2 25 | $4.3B | $3.8B | ||
| Q1 25 | $4.2B | $3.7B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $4.1B | $3.8B | ||
| Q2 24 | $4.0B | $3.6B | ||
| Q1 24 | $4.0B | $3.4B |
负债/权益比FDSTER
| Q4 25 | 0.63× | — | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.76× | — | ||
| Q1 24 | 0.83× | — |
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 | $121.3M | $281.6M |
| 自由现金流经营现金流 - 资本支出 | $90.4M | $218.8M |
| 自由现金流率自由现金流/营收 | 14.9% | 20.2% |
| 资本支出强度资本支出/营收 | 5.1% | 5.8% |
| 现金转化率经营现金流/净利润 | 0.79× | 1.09× |
| 过去12个月自由现金流最近4个季度 | $647.4M | $450.4M |
8季度趋势，按日历期对齐
经营现金流FDSTER
| Q4 25 | $121.3M | $281.6M | ||
| Q3 25 | $212.1M | $49.0M | ||
| Q2 25 | $253.8M | $182.1M | ||
| Q1 25 | $174.0M | $161.6M | ||
| Q4 24 | $86.4M | $282.6M | ||
| Q3 24 | $163.2M | $166.3M | ||
| Q2 24 | $238.2M | $216.1M | ||
| Q1 24 | $143.8M | $7.3M |
自由现金流FDSTER
| Q4 25 | $90.4M | $218.8M | ||
| Q3 25 | $178.1M | $2.4M | ||
| Q2 25 | $228.6M | $131.7M | ||
| Q1 25 | $150.2M | $97.6M | ||
| Q4 24 | $60.5M | $225.2M | ||
| Q3 24 | $137.2M | $114.4M | ||
| Q2 24 | $216.9M | $171.2M | ||
| Q1 24 | $121.9M | $-36.7M |
自由现金流率FDSTER
| Q4 25 | 14.9% | 20.2% | ||
| Q3 25 | 29.8% | 0.3% | ||
| Q2 25 | 39.0% | 20.2% | ||
| Q1 25 | 26.3% | 14.2% | ||
| Q4 24 | 10.6% | 29.9% | ||
| Q3 24 | 24.4% | 15.5% | ||
| Q2 24 | 39.2% | 23.5% | ||
| Q1 24 | 22.3% | -6.1% |
资本支出强度FDSTER
| Q4 25 | 5.1% | 5.8% | ||
| Q3 25 | 5.7% | 6.1% | ||
| Q2 25 | 4.3% | 7.7% | ||
| Q1 25 | 4.2% | 9.3% | ||
| Q4 24 | 4.5% | 7.6% | ||
| Q3 24 | 4.6% | 7.0% | ||
| Q2 24 | 3.9% | 6.1% | ||
| Q1 24 | 4.0% | 7.3% |
现金转化率FDSTER
| Q4 25 | 0.79× | 1.09× | ||
| Q3 25 | 1.38× | 0.41× | ||
| Q2 25 | 1.71× | 2.32× | ||
| Q1 25 | 1.20× | 1.63× | ||
| Q4 24 | 0.58× | 1.93× | ||
| Q3 24 | 1.82× | 1.14× | ||
| Q2 24 | 1.51× | 1.16× | ||
| Q1 24 | 1.02× | 0.11× |
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
FDS
| Americas Segment | $399.7M | 66% |
| EMEA Segment | $149.1M | 25% |
| Asia Pacific Segment | $62.2M | 10% |
TER
| Soc | $646.5M | 60% |
| Memory | $206.5M | 19% |
| Transferred At Point In Time | $90.0M | 8% |
| Universal Robots | $89.4M | 8% |
| IST | $30.5M | 3% |
| Transferred Over Time | $20.5M | 2% |
