vs
化石集团（FOSL）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
化石集团的季度营收约是PROGRESS SOFTWARE CORP的1.1倍（$270.2M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -14.8%，领先25.0%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs -21.1%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $-22.5M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -11.4%）
化石集团是1984年成立的美国时尚设计制造企业，总部位于得克萨斯州理查森。集团旗下拥有Fossil、Relic、Michele Watch、Skagen、Zodiac Watches等多个品牌，同时也为宝马、彪马、阿玛尼、迈克高仕、DKNY等多个知名品牌代工生产授权配饰。
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。
FOSL vs PRGS — 直观对比
营收规模更大
FOSL
是对方的1.1倍
$252.7M
营收增速更快
PRGS
高出38.6%
-21.1%
净利率更高
PRGS
高出25.0%
-14.8%
自由现金流更多
PRGS
多$82.4M
$-22.5M
两年增速更快
PRGS
近两年复合增速
-11.4%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $270.2M | $252.7M |
| 净利润 | $-40.0M | $25.7M |
| 毛利率 | 49.0% | 81.6% |
| 营业利润率 | -8.0% | 15.2% |
| 净利率 | -14.8% | 10.2% |
| 营收同比 | -21.1% | 17.5% |
| 净利润同比 | -257.8% | 2144.6% |
| 每股收益（稀释后） | $-0.76 | $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FOSLPRGS
| Q4 25 | $270.2M | $252.7M | ||
| Q3 25 | $220.4M | $249.8M | ||
| Q2 25 | $233.3M | $237.4M | ||
| Q1 25 | — | $238.0M | ||
| Q4 24 | $342.3M | $215.0M | ||
| Q3 24 | $287.8M | $178.7M | ||
| Q2 24 | $260.0M | $175.1M | ||
| Q1 24 | $254.9M | $184.7M |
净利润FOSLPRGS
| Q4 25 | $-40.0M | $25.7M | ||
| Q3 25 | $-2.1M | $19.4M | ||
| Q2 25 | $-17.9M | $17.0M | ||
| Q1 25 | — | $10.9M | ||
| Q4 24 | $-11.2M | $1.1M | ||
| Q3 24 | $-31.9M | $28.5M | ||
| Q2 24 | $-38.8M | $16.2M | ||
| Q1 24 | $-24.3M | $22.6M |
毛利率FOSLPRGS
| Q4 25 | 49.0% | 81.6% | ||
| Q3 25 | 57.5% | 81.0% | ||
| Q2 25 | 61.3% | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | 53.9% | 83.0% | ||
| Q3 24 | 49.4% | 83.7% | ||
| Q2 24 | 52.6% | 81.7% | ||
| Q1 24 | 52.4% | 82.2% |
营业利润率FOSLPRGS
| Q4 25 | -8.0% | 15.2% | ||
| Q3 25 | 3.9% | 17.6% | ||
| Q2 25 | -2.9% | 16.3% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | -4.8% | 10.0% | ||
| Q3 24 | -8.5% | 22.6% | ||
| Q2 24 | -13.1% | 15.5% | ||
| Q1 24 | -11.5% | 19.0% |
净利率FOSLPRGS
| Q4 25 | -14.8% | 10.2% | ||
| Q3 25 | -1.0% | 7.8% | ||
| Q2 25 | -7.7% | 7.2% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | -3.3% | 0.5% | ||
| Q3 24 | -11.1% | 15.9% | ||
| Q2 24 | -14.9% | 9.2% | ||
| Q1 24 | -9.5% | 12.3% |
每股收益（稀释后）FOSLPRGS
| Q4 25 | $-0.76 | $0.59 | ||
| Q3 25 | $-0.04 | $0.44 | ||
| Q2 25 | $-0.33 | $0.39 | ||
| Q1 25 | — | $0.24 | ||
| Q4 24 | $-0.15 | $0.01 | ||
| Q3 24 | $-0.60 | $0.65 | ||
| Q2 24 | $-0.73 | $0.37 | ||
| Q1 24 | $-0.46 | $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 | $79.2M | $94.8M |
| 总债务越低越好 | $169.1M | $1.4B |
| 股东权益账面价值 | $112.6M | $478.3M |
| 总资产 | $701.0M | $2.5B |
| 负债/权益比越低杠杆越低 | 1.50× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资FOSLPRGS
| Q4 25 | $79.2M | $94.8M | ||
| Q3 25 | $109.9M | $99.0M | ||
| Q2 25 | $78.3M | $102.0M | ||
| Q1 25 | — | $124.2M | ||
| Q4 24 | $123.6M | $118.1M | ||
| Q3 24 | $106.3M | $232.7M | ||
| Q2 24 | $104.9M | $190.4M | ||
| Q1 24 | $112.9M | $133.2M |
总债务FOSLPRGS
| Q4 25 | $169.1M | $1.4B | ||
| Q3 25 | $165.6M | $1.4B | ||
| Q2 25 | $167.2M | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $162.7M | $1.5B | ||
| Q3 24 | $173.4M | — | ||
| Q2 24 | $156.5M | — | ||
| Q1 24 | $202.9M | — |
股东权益FOSLPRGS
| Q4 25 | $112.6M | $478.3M | ||
| Q3 25 | $150.3M | $477.7M | ||
| Q2 25 | $140.6M | $452.7M | ||
| Q1 25 | — | $431.8M | ||
| Q4 24 | $148.7M | $438.8M | ||
| Q3 24 | $164.4M | $425.6M | ||
| Q2 24 | $189.6M | $401.7M | ||
| Q1 24 | $229.1M | $461.7M |
总资产FOSLPRGS
| Q4 25 | $701.0M | $2.5B | ||
| Q3 25 | $704.5M | $2.4B | ||
| Q2 25 | $686.0M | $2.4B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $763.6M | $2.5B | ||
| Q3 24 | $812.4M | $1.6B | ||
| Q2 24 | $785.7M | $1.6B | ||
| Q1 24 | $891.0M | $1.5B |
负债/权益比FOSLPRGS
| Q4 25 | 1.50× | 2.93× | ||
| Q3 25 | 1.10× | 2.97× | ||
| Q2 25 | 1.19× | 3.22× | ||
| Q1 25 | — | 3.50× | ||
| Q4 24 | 1.09× | 3.48× | ||
| Q3 24 | 1.06× | — | ||
| Q2 24 | 0.83× | — | ||
| Q1 24 | 0.89× | — |
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 | $-22.2M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $-22.5M | $59.9M |
| 自由现金流率自由现金流/营收 | -8.3% | 23.7% |
| 资本支出强度资本支出/营收 | 0.1% | 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 | $-46.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流FOSLPRGS
| Q4 25 | $-22.2M | $62.8M | ||
| Q3 25 | $9.4M | $73.4M | ||
| Q2 25 | $-60.4M | $30.0M | ||
| Q1 25 | — | $68.9M | ||
| Q4 24 | $30.5M | $19.7M | ||
| Q3 24 | $-22.8M | $57.7M | ||
| Q2 24 | $38.4M | $63.7M | ||
| Q1 24 | $622.0K | $70.5M |
自由现金流FOSLPRGS
| Q4 25 | $-22.5M | $59.9M | ||
| Q3 25 | $8.6M | $72.4M | ||
| Q2 25 | $-60.6M | $29.5M | ||
| Q1 25 | — | $67.7M | ||
| Q4 24 | $28.5M | $16.8M | ||
| Q3 24 | $-24.1M | $56.6M | ||
| Q2 24 | $36.6M | $62.7M | ||
| Q1 24 | $-1.1M | $70.2M |
自由现金流率FOSLPRGS
| Q4 25 | -8.3% | 23.7% | ||
| Q3 25 | 3.9% | 29.0% | ||
| Q2 25 | -26.0% | 12.4% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | 8.3% | 7.8% | ||
| Q3 24 | -8.4% | 31.7% | ||
| Q2 24 | 14.1% | 35.8% | ||
| Q1 24 | -0.4% | 38.0% |
资本支出强度FOSLPRGS
| Q4 25 | 0.1% | 1.1% | ||
| Q3 25 | 0.4% | 0.4% | ||
| Q2 25 | 0.1% | 0.2% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | 0.6% | 1.3% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 0.7% | 0.5% | ||
| Q1 24 | 0.7% | 0.2% |
现金转化率FOSLPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | — | 3.93× | ||
| Q1 24 | — | 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
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
