vs
Fair Isaac（FICO）与PTC Inc.（PTC）财务数据对比。点击上方公司名可切换其他公司
PTC Inc.的季度营收约是Fair Isaac的1.3倍（$685.8M vs $512.0M），Fair Isaac净利率更高（30.9% vs 24.3%，领先6.7%），PTC Inc.同比增速更快（21.4% vs 16.4%），PTC Inc.自由现金流更多（$267.4M vs $173.9M），过去两年Fair Isaac的营收复合增速更高（8.6% vs 6.6%）
FICO（原Fair, Isaac and Company）是美国知名数据分析企业，1956年由比尔·费尔与厄尔·艾萨克创立，总部位于蒙大拿州博兹曼市，核心业务为信用评分服务，其推出的FICO信用分是评估消费者信贷风险的重要指标，目前已被美国消费信贷行业广泛采用。
PTC是1985年成立的美国计算机软件与服务企业，总部位于马萨诸塞州波士顿。公司1988年率先推出参数化关联特征驱动的三维CAD建模软件，1998年发布基于互联网的产品生命周期管理（PLM）产品，目前面向合作伙伴与开发者提供物联网、增强现实（AR）平台及相关产品服务。
FICO vs PTC — 直观对比
营收规模更大
PTC
是对方的1.3倍
$512.0M
营收增速更快
PTC
高出5.0%
16.4%
净利率更高
FICO
高出6.7%
24.3%
自由现金流更多
PTC
多$93.5M
$173.9M
两年增速更快
FICO
近两年复合增速
6.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $512.0M | $685.8M |
| 净利润 | $158.4M | $166.5M |
| 毛利率 | 83.0% | 82.8% |
| 营业利润率 | 45.7% | 32.2% |
| 净利率 | 30.9% | 24.3% |
| 营收同比 | 16.4% | 21.4% |
| 净利润同比 | 3.8% | 102.5% |
| 每股收益（稀释后） | $6.61 | $1.39 |
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FICOPTC
| Q4 25 | $512.0M | $685.8M | ||
| Q3 25 | $515.8M | $893.8M | ||
| Q2 25 | $536.4M | $643.9M | ||
| Q1 25 | $498.7M | $636.4M | ||
| Q4 24 | $440.0M | $565.1M | ||
| Q3 24 | $453.8M | $626.5M | ||
| Q2 24 | $447.8M | $518.6M | ||
| Q1 24 | $433.8M | $603.1M |
净利润FICOPTC
| Q4 25 | $158.4M | $166.5M | ||
| Q3 25 | $155.0M | $347.8M | ||
| Q2 25 | $181.8M | $141.3M | ||
| Q1 25 | $162.6M | $162.6M | ||
| Q4 24 | $152.5M | $82.2M | ||
| Q3 24 | $135.7M | $126.5M | ||
| Q2 24 | $126.3M | $69.0M | ||
| Q1 24 | $129.8M | $114.4M |
毛利率FICOPTC
| Q4 25 | 83.0% | 82.8% | ||
| Q3 25 | 82.3% | 86.9% | ||
| Q2 25 | 83.7% | 82.9% | ||
| Q1 25 | 82.4% | 83.3% | ||
| Q4 24 | 80.1% | 80.2% | ||
| Q3 24 | 80.3% | 82.0% | ||
| Q2 24 | 80.3% | 78.4% | ||
| Q1 24 | 80.0% | 81.8% |
营业利润率FICOPTC
| Q4 25 | 45.7% | 32.2% | ||
| Q3 25 | 46.0% | 48.5% | ||
| Q2 25 | 48.9% | 32.6% | ||
| Q1 25 | 49.3% | 35.1% | ||
| Q4 24 | 40.8% | 20.4% | ||
| Q3 24 | 43.4% | 31.0% | ||
| Q2 24 | 42.5% | 18.5% | ||
| Q1 24 | 44.9% | 29.8% |
净利率FICOPTC
| Q4 25 | 30.9% | 24.3% | ||
| Q3 25 | 30.1% | 38.9% | ||
| Q2 25 | 33.9% | 21.9% | ||
| Q1 25 | 32.6% | 25.6% | ||
| Q4 24 | 34.7% | 14.6% | ||
| Q3 24 | 29.9% | 20.2% | ||
| Q2 24 | 28.2% | 13.3% | ||
| Q1 24 | 29.9% | 19.0% |
每股收益（稀释后）FICOPTC
| Q4 25 | $6.61 | $1.39 | ||
| Q3 25 | $6.41 | $2.88 | ||
| Q2 25 | $7.40 | $1.17 | ||
| Q1 25 | $6.59 | $1.35 | ||
| Q4 24 | $6.14 | $0.68 | ||
| Q3 24 | $5.44 | $1.05 | ||
| Q2 24 | $5.05 | $0.57 | ||
| Q1 24 | $5.16 | $0.95 |
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 | $162.0M | $209.7M |
| 总债务越低越好 | $3.2B | $1.2B |
| 股东权益账面价值 | $-1.8B | $3.8B |
| 总资产 | $1.9B | $6.4B |
| 负债/权益比越低杠杆越低 | — | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资FICOPTC
| Q4 25 | $162.0M | $209.7M | ||
| Q3 25 | $134.1M | $184.4M | ||
| Q2 25 | $189.0M | $199.3M | ||
| Q1 25 | $146.6M | $235.2M | ||
| Q4 24 | $184.3M | $196.3M | ||
| Q3 24 | $150.7M | $265.8M | ||
| Q2 24 | $156.0M | $247.7M | ||
| Q1 24 | $135.7M | $249.0M |
总债务FICOPTC
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.1B | $1.2B | ||
| Q2 25 | $2.8B | $1.2B | ||
| Q1 25 | $2.5B | $1.4B | ||
| Q4 24 | $2.4B | $1.0B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $2.1B | $1.3B | ||
| Q1 24 | $2.0B | $1.5B |
股东权益FICOPTC
| Q4 25 | $-1.8B | $3.8B | ||
| Q3 25 | $-1.7B | $3.8B | ||
| Q2 25 | $-1.4B | $3.5B | ||
| Q1 25 | $-1.1B | $3.4B | ||
| Q4 24 | $-1.1B | $3.2B | ||
| Q3 24 | $-962.7M | $3.2B | ||
| Q2 24 | $-829.3M | $3.0B | ||
| Q1 24 | $-735.7M | $2.9B |
总资产FICOPTC
| Q4 25 | $1.9B | $6.4B | ||
| Q3 25 | $1.9B | $6.6B | ||
| Q2 25 | $1.9B | $6.2B | ||
| Q1 25 | $1.8B | $6.2B | ||
| Q4 24 | $1.7B | $6.1B | ||
| Q3 24 | $1.7B | $6.4B | ||
| Q2 24 | $1.7B | $6.1B | ||
| Q1 24 | $1.7B | $6.2B |
负债/权益比FICOPTC
| Q4 25 | — | 0.31× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.43× | ||
| Q1 24 | — | 0.51× |
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 | $174.1M | $269.7M |
| 自由现金流经营现金流 - 资本支出 | $173.9M | $267.4M |
| 自由现金流率自由现金流/营收 | 34.0% | 39.0% |
| 资本支出强度资本支出/营收 | 0.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.10× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $750.6M | $888.4M |
8季度趋势，按日历期对齐
经营现金流FICOPTC
| Q4 25 | $174.1M | $269.7M | ||
| Q3 25 | $223.7M | $104.0M | ||
| Q2 25 | $286.2M | $243.9M | ||
| Q1 25 | $74.9M | $281.3M | ||
| Q4 24 | $194.0M | $238.4M | ||
| Q3 24 | $226.5M | $98.1M | ||
| Q2 24 | $213.3M | $213.8M | ||
| Q1 24 | $71.0M | $250.7M |
自由现金流FICOPTC
| Q4 25 | $173.9M | $267.4M | ||
| Q3 25 | $219.5M | $100.5M | ||
| Q2 25 | $284.4M | $242.0M | ||
| Q1 25 | $72.8M | $278.5M | ||
| Q4 24 | $193.2M | $235.7M | ||
| Q3 24 | $224.7M | $93.6M | ||
| Q2 24 | $211.6M | $212.2M | ||
| Q1 24 | $67.0M | $247.1M |
自由现金流率FICOPTC
| Q4 25 | 34.0% | 39.0% | ||
| Q3 25 | 42.6% | 11.2% | ||
| Q2 25 | 53.0% | 37.6% | ||
| Q1 25 | 14.6% | 43.8% | ||
| Q4 24 | 43.9% | 41.7% | ||
| Q3 24 | 49.5% | 14.9% | ||
| Q2 24 | 47.2% | 40.9% | ||
| Q1 24 | 15.4% | 41.0% |
资本支出强度FICOPTC
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.8% | 0.4% | ||
| Q2 25 | 0.3% | 0.3% | ||
| Q1 25 | 0.4% | 0.4% | ||
| Q4 24 | 0.2% | 0.5% | ||
| Q3 24 | 0.4% | 0.7% | ||
| Q2 24 | 0.4% | 0.3% | ||
| Q1 24 | 0.9% | 0.6% |
现金转化率FICOPTC
| Q4 25 | 1.10× | 1.62× | ||
| Q3 25 | 1.44× | 0.30× | ||
| Q2 25 | 1.57× | 1.73× | ||
| Q1 25 | 0.46× | 1.73× | ||
| Q4 24 | 1.27× | 2.90× | ||
| Q3 24 | 1.67× | 0.78× | ||
| Q2 24 | 1.69× | 3.10× | ||
| Q1 24 | 0.55× | 2.19× |
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
FICO
| Business To Business Scores | $248.6M | 49% |
| Saa S Products | $115.7M | 23% |
| Platform Software | $73.9M | 14% |
| Business To Consumer Scores | $55.9M | 11% |
| Technology Service | $19.2M | 4% |
PTC
| Support And Cloud Services | $393.3M | 57% |
| License | $269.7M | 39% |
| Technology Service | $22.9M | 3% |
| Perpetual License | $5.6M | 1% |
