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Freshworks Inc.（FRSH）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
Freshworks Inc.的季度营收约是RESOURCES CONNECTION, INC.的1.9倍（$222.7M vs $117.7M），Freshworks Inc.净利率更高（86.0% vs -10.8%，领先96.7%），Freshworks Inc.同比增速更快（14.5% vs -19.2%），Freshworks Inc.自由现金流更多（$60.1M vs $15.6M），过去两年Freshworks Inc.的营收复合增速更高（16.1% vs -11.8%）
Freshworks Inc.是2010年成立于印度金奈的云原生SaaS企业，专注为客户提供客户关系管理（CRM）、IT服务管理（ITSM）以及电商营销领域的云端工具，助力企业优化运营流程、提升客户互动效率。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
FRSH vs RGP — 直观对比
营收规模更大
FRSH
是对方的1.9倍
$117.7M
营收增速更快
FRSH
高出33.6%
-19.2%
净利率更高
FRSH
高出96.7%
-10.8%
自由现金流更多
FRSH
多$44.5M
$15.6M
两年增速更快
FRSH
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $222.7M | $117.7M |
| 净利润 | $191.4M | $-12.7M |
| 毛利率 | 85.6% | 37.1% |
| 营业利润率 | 17.8% | -10.3% |
| 净利率 | 86.0% | -10.8% |
| 营收同比 | 14.5% | -19.2% |
| 净利润同比 | 974.2% | 81.6% |
| 每股收益（稀释后） | $0.66 | $-0.38 |
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FRSHRGP
| Q4 25 | $222.7M | $117.7M | ||
| Q3 25 | $215.1M | $120.2M | ||
| Q2 25 | $204.7M | $139.3M | ||
| Q1 25 | $196.3M | $129.4M | ||
| Q4 24 | $194.6M | $145.6M | ||
| Q3 24 | $186.6M | $136.9M | ||
| Q2 24 | $174.1M | $148.2M | ||
| Q1 24 | $165.1M | $151.3M |
净利润FRSHRGP
| Q4 25 | $191.4M | $-12.7M | ||
| Q3 25 | $-4.7M | $-2.4M | ||
| Q2 25 | $-1.7M | $-73.3M | ||
| Q1 25 | $-1.3M | $-44.1M | ||
| Q4 24 | $-21.9M | $-68.7M | ||
| Q3 24 | $-30.0M | $-5.7M | ||
| Q2 24 | $-20.2M | $10.5M | ||
| Q1 24 | $-23.3M | $2.5M |
毛利率FRSHRGP
| Q4 25 | 85.6% | 37.1% | ||
| Q3 25 | 84.7% | 39.5% | ||
| Q2 25 | 84.8% | 40.2% | ||
| Q1 25 | 84.8% | 35.1% | ||
| Q4 24 | 84.9% | 38.5% | ||
| Q3 24 | 84.0% | 36.5% | ||
| Q2 24 | 83.8% | 40.2% | ||
| Q1 24 | 84.3% | 37.0% |
营业利润率FRSHRGP
| Q4 25 | 17.8% | -10.3% | ||
| Q3 25 | -3.5% | -1.7% | ||
| Q2 25 | -4.2% | -47.0% | ||
| Q1 25 | -5.3% | -38.4% | ||
| Q4 24 | -12.2% | -52.7% | ||
| Q3 24 | -20.8% | -3.5% | ||
| Q2 24 | -25.1% | 7.6% | ||
| Q1 24 | -19.5% | 2.8% |
净利率FRSHRGP
| Q4 25 | 86.0% | -10.8% | ||
| Q3 25 | -2.2% | -2.0% | ||
| Q2 25 | -0.8% | -52.6% | ||
| Q1 25 | -0.7% | -34.0% | ||
| Q4 24 | -11.3% | -47.2% | ||
| Q3 24 | -16.1% | -4.2% | ||
| Q2 24 | -11.6% | 7.1% | ||
| Q1 24 | -14.1% | 1.7% |
每股收益（稀释后）FRSHRGP
| Q4 25 | $0.66 | $-0.38 | ||
| Q3 25 | $-0.02 | $-0.07 | ||
| Q2 25 | $-0.01 | $-2.21 | ||
| Q1 25 | $0.00 | $-1.34 | ||
| Q4 24 | $-0.07 | $-2.08 | ||
| Q3 24 | $-0.10 | $-0.17 | ||
| Q2 24 | $-0.07 | $0.31 | ||
| Q1 24 | $-0.08 | $0.08 |
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 | $781.4M | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $194.6M |
| 总资产 | $1.6B | $289.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FRSHRGP
| Q4 25 | $781.4M | $89.8M | ||
| Q3 25 | $813.2M | $77.5M | ||
| Q2 25 | $926.2M | $86.1M | ||
| Q1 25 | $995.3M | $72.5M | ||
| Q4 24 | $1.1B | $78.2M | ||
| Q3 24 | $1.1B | $89.6M | ||
| Q2 24 | $1.0B | $108.9M | ||
| Q1 24 | $1.2B | $113.8M |
股东权益FRSHRGP
| Q4 25 | $1.0B | $194.6M | ||
| Q3 25 | $851.5M | $206.4M | ||
| Q2 25 | $984.6M | $207.1M | ||
| Q1 25 | $1.1B | $277.8M | ||
| Q4 24 | $1.1B | $325.7M | ||
| Q3 24 | $1.1B | $407.2M | ||
| Q2 24 | $1.1B | $418.8M | ||
| Q1 24 | $1.1B | $414.9M |
总资产FRSHRGP
| Q4 25 | $1.6B | $289.3M | ||
| Q3 25 | $1.4B | $287.2M | ||
| Q2 25 | $1.5B | $304.7M | ||
| Q1 25 | $1.5B | $375.6M | ||
| Q4 24 | $1.6B | $424.9M | ||
| Q3 24 | $1.6B | $512.9M | ||
| Q2 24 | $1.5B | $510.9M | ||
| Q1 24 | $1.5B | $523.2M |
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 | $62.3M | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $60.1M | $15.6M |
| 自由现金流率自由现金流/营收 | 27.0% | 13.2% |
| 资本支出强度资本支出/营收 | 1.0% | 0.3% |
| 现金转化率经营现金流/净利润 | 0.33× | — |
| 过去12个月自由现金流最近4个季度 | $236.7M | $24.3M |
8季度趋势，按日历期对齐
经营现金流FRSHRGP
| Q4 25 | $62.3M | $15.9M | ||
| Q3 25 | $63.5M | $-7.8M | ||
| Q2 25 | $58.6M | $16.8M | ||
| Q1 25 | $58.0M | $659.0K | ||
| Q4 24 | $41.4M | $1.8M | ||
| Q3 24 | $42.3M | $-309.0K | ||
| Q2 24 | $36.3M | $3.2M | ||
| Q1 24 | $40.6M | $20.5M |
自由现金流FRSHRGP
| Q4 25 | $60.1M | $15.6M | ||
| Q3 25 | $61.7M | $-8.0M | ||
| Q2 25 | $58.2M | $16.5M | ||
| Q1 25 | $56.7M | $238.0K | ||
| Q4 24 | $36.3M | $61.0K | ||
| Q3 24 | $41.3M | $-575.0K | ||
| Q2 24 | $34.0M | $3.0M | ||
| Q1 24 | $39.9M | $20.4M |
自由现金流率FRSHRGP
| Q4 25 | 27.0% | 13.2% | ||
| Q3 25 | 28.7% | -6.6% | ||
| Q2 25 | 28.4% | 11.8% | ||
| Q1 25 | 28.9% | 0.2% | ||
| Q4 24 | 18.7% | 0.0% | ||
| Q3 24 | 22.1% | -0.4% | ||
| Q2 24 | 19.5% | 2.1% | ||
| Q1 24 | 24.1% | 13.5% |
资本支出强度FRSHRGP
| Q4 25 | 1.0% | 0.3% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | 0.2% | 0.2% | ||
| Q1 25 | 0.7% | 0.3% | ||
| Q4 24 | 2.6% | 1.2% | ||
| Q3 24 | 0.6% | 0.2% | ||
| Q2 24 | 1.3% | 0.1% | ||
| Q1 24 | 0.4% | 0.1% |
现金转化率FRSHRGP
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 8.04× |
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
FRSH
| Subscription Services Software Licenses And Maintenance | $220.2M | 99% |
| Professional Services | $2.5M | 1% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
