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FactSet（FDS）与ZIFF DAVIS, INC.（ZD）财务数据对比。点击上方公司名可切换其他公司
FactSet的季度营收约是ZIFF DAVIS, INC.的1.5倍（$607.6M vs $406.7M），FactSet净利率更高（25.1% vs 0.1%，领先25.0%），FactSet同比增速更快（6.9% vs -1.5%），ZIFF DAVIS, INC.自由现金流更多（$157.8M vs $90.4M），过去两年ZIFF DAVIS, INC.的营收复合增速更高（13.7% 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。
齐夫戴维斯是美国知名数字媒体及互联网企业，由威廉·伯纳德·齐夫一世与伯纳德·乔治·戴维斯于1927年创立。公司核心业务涵盖科技、健康类媒体网站，线上购物相关服务，互联网接入服务，游戏娱乐品牌，以及网络安全和营销技术工具，早年曾以爱好者类杂志出版为主要业务。
FDS vs ZD — 直观对比
营收规模更大
FDS
是对方的1.5倍
$406.7M
营收增速更快
FDS
高出8.3%
-1.5%
净利率更高
FDS
高出25.0%
0.1%
自由现金流更多
ZD
多$67.3M
$90.4M
两年增速更快
ZD
近两年复合增速
5.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $607.6M | $406.7M |
| 净利润 | $152.6M | $370.0K |
| 毛利率 | 52.6% | 85.9% |
| 营业利润率 | 31.6% | 21.2% |
| 净利率 | 25.1% | 0.1% |
| 营收同比 | 6.9% | -1.5% |
| 净利润同比 | 1.7% | -99.4% |
| 每股收益（稀释后） | $4.06 | $0.06 |
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FDSZD
| Q4 25 | $607.6M | $406.7M | ||
| Q3 25 | $596.9M | $363.7M | ||
| Q2 25 | $585.5M | $352.2M | ||
| Q1 25 | $570.7M | $328.6M | ||
| Q4 24 | $568.7M | $412.8M | ||
| Q3 24 | $562.2M | $353.6M | ||
| Q2 24 | $552.7M | $320.8M | ||
| Q1 24 | $545.9M | $314.5M |
净利润FDSZD
| Q4 25 | $152.6M | $370.0K | ||
| Q3 25 | $153.6M | $-3.6M | ||
| Q2 25 | $148.5M | $26.3M | ||
| Q1 25 | $144.9M | $24.2M | ||
| Q4 24 | $150.0M | $64.1M | ||
| Q3 24 | $89.5M | $-48.6M | ||
| Q2 24 | $158.1M | $36.9M | ||
| Q1 24 | $140.9M | $10.6M |
毛利率FDSZD
| Q4 25 | 52.6% | 85.9% | ||
| Q3 25 | 51.6% | 85.4% | ||
| Q2 25 | 52.1% | 86.1% | ||
| Q1 25 | 52.8% | 85.6% | ||
| Q4 24 | 54.5% | 87.1% | ||
| Q3 24 | 54.1% | 85.5% | ||
| Q2 24 | 55.3% | 84.4% | ||
| Q1 24 | 53.3% | 85.4% |
营业利润率FDSZD
| Q4 25 | 31.6% | 21.2% | ||
| Q3 25 | 29.7% | 7.8% | ||
| Q2 25 | 33.2% | 9.5% | ||
| Q1 25 | 32.5% | 10.7% | ||
| Q4 24 | 33.6% | 19.0% | ||
| Q3 24 | 22.7% | -8.3% | ||
| Q2 24 | 36.6% | 8.9% | ||
| Q1 24 | 33.3% | 11.4% |
净利率FDSZD
| Q4 25 | 25.1% | 0.1% | ||
| Q3 25 | 25.7% | -1.0% | ||
| Q2 25 | 25.4% | 7.5% | ||
| Q1 25 | 25.4% | 7.4% | ||
| Q4 24 | 26.4% | 15.5% | ||
| Q3 24 | 15.9% | -13.7% | ||
| Q2 24 | 28.6% | 11.5% | ||
| Q1 24 | 25.8% | 3.4% |
每股收益（稀释后）FDSZD
| Q4 25 | $4.06 | $0.06 | ||
| Q3 25 | $4.03 | $-0.09 | ||
| Q2 25 | $3.87 | $0.62 | ||
| Q1 25 | $3.76 | $0.56 | ||
| Q4 24 | $3.89 | $1.53 | ||
| Q3 24 | $2.33 | $-1.11 | ||
| Q2 24 | $4.09 | $0.77 | ||
| Q1 24 | $3.65 | $0.23 |
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 | $607.0M |
| 总债务越低越好 | $1.4B | $866.5M |
| 股东权益账面价值 | $2.2B | $1.8B |
| 总资产 | $4.2B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.63× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资FDSZD
| Q4 25 | $292.7M | $607.0M | ||
| Q3 25 | $355.1M | $503.4M | ||
| Q2 25 | $364.0M | $457.3M | ||
| Q1 25 | $287.0M | $431.0M | ||
| Q4 24 | $358.8M | $505.9M | ||
| Q3 24 | $492.6M | $386.1M | ||
| Q2 24 | $522.0M | $687.2M | ||
| Q1 24 | $450.2M | $751.2M |
总债务FDSZD
| Q4 25 | $1.4B | $866.5M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.4B | $864.3M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.5B | — |
股东权益FDSZD
| Q4 25 | $2.2B | $1.8B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.0B | $1.8B | ||
| Q3 24 | $1.9B | $1.8B | ||
| Q2 24 | $1.9B | $1.9B | ||
| Q1 24 | $1.8B | $1.9B |
总资产FDSZD
| Q4 25 | $4.2B | $3.7B | ||
| Q3 25 | $4.3B | $3.5B | ||
| Q2 25 | $4.3B | $3.5B | ||
| Q1 25 | $4.2B | $3.5B | ||
| Q4 24 | $4.0B | $3.7B | ||
| Q3 24 | $4.1B | $3.4B | ||
| Q2 24 | $4.0B | $3.7B | ||
| Q1 24 | $4.0B | $3.7B |
负债/权益比FDSZD
| Q4 25 | 0.63× | 0.49× | ||
| Q3 25 | 0.63× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.68× | 0.48× | ||
| 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 | $191.1M |
| 自由现金流经营现金流 - 资本支出 | $90.4M | $157.8M |
| 自由现金流率自由现金流/营收 | 14.9% | 38.8% |
| 资本支出强度资本支出/营收 | 5.1% | 8.2% |
| 现金转化率经营现金流/净利润 | 0.79× | 516.44× |
| 过去12个月自由现金流最近4个季度 | $647.4M | $287.9M |
8季度趋势，按日历期对齐
经营现金流FDSZD
| Q4 25 | $121.3M | $191.1M | ||
| Q3 25 | $212.1M | $138.3M | ||
| Q2 25 | $253.8M | $57.1M | ||
| Q1 25 | $174.0M | $20.6M | ||
| Q4 24 | $86.4M | $158.2M | ||
| Q3 24 | $163.2M | $106.0M | ||
| Q2 24 | $238.2M | $50.6M | ||
| Q1 24 | $143.8M | $75.6M |
自由现金流FDSZD
| Q4 25 | $90.4M | $157.8M | ||
| Q3 25 | $178.1M | $108.2M | ||
| Q2 25 | $228.6M | $26.9M | ||
| Q1 25 | $150.2M | $-5.0M | ||
| Q4 24 | $60.5M | $131.1M | ||
| Q3 24 | $137.2M | $80.1M | ||
| Q2 24 | $216.9M | $25.1M | ||
| Q1 24 | $121.9M | $47.4M |
自由现金流率FDSZD
| Q4 25 | 14.9% | 38.8% | ||
| Q3 25 | 29.8% | 29.7% | ||
| Q2 25 | 39.0% | 7.6% | ||
| Q1 25 | 26.3% | -1.5% | ||
| Q4 24 | 10.6% | 31.8% | ||
| Q3 24 | 24.4% | 22.7% | ||
| Q2 24 | 39.2% | 7.8% | ||
| Q1 24 | 22.3% | 15.1% |
资本支出强度FDSZD
| Q4 25 | 5.1% | 8.2% | ||
| Q3 25 | 5.7% | 8.3% | ||
| Q2 25 | 4.3% | 8.6% | ||
| Q1 25 | 4.2% | 7.8% | ||
| Q4 24 | 4.5% | 6.6% | ||
| Q3 24 | 4.6% | 7.3% | ||
| Q2 24 | 3.9% | 8.0% | ||
| Q1 24 | 4.0% | 8.9% |
现金转化率FDSZD
| Q4 25 | 0.79× | 516.44× | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.71× | 2.17× | ||
| Q1 25 | 1.20× | 0.85× | ||
| Q4 24 | 0.58× | 2.47× | ||
| Q3 24 | 1.82× | — | ||
| Q2 24 | 1.51× | 1.37× | ||
| Q1 24 | 1.02× | 7.11× |
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% |
ZD
| Health And Wellness | $114.8M | 28% |
| Technology And Shopping | $108.9M | 27% |
| Cybersecurity And Martech Segment | $70.9M | 17% |
| Connectivity | $60.3M | 15% |
| Gaming And Entertainment | $51.7M | 13% |
| Subscription And Licensing | $2.9M | 1% |
