vs
Global Payments（GPN）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Global Payments的季度营收约是Rackspace Technology, Inc.的1.9倍（$1.3B vs $682.8M），Global Payments净利率更高（16.4% vs -4.8%，领先21.2%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -47.1%），Global Payments自由现金流更多（$347.0M vs $56.0M），过去两年Rackspace Technology, Inc.的营收复合增速更高（-0.6% vs -25.9%）
Global Payments Inc.是美国跨国金融科技企业，面向商户、发卡机构及消费者提供支付技术与相关服务，支持信用卡、借记卡、数字支付及非接触式支付的交易处理，2021年6月入选《财富》500强榜单。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
GPN vs RXT — 直观对比
营收规模更大
GPN
是对方的1.9倍
$682.8M
营收增速更快
RXT
高出46.7%
-47.1%
净利率更高
GPN
高出21.2%
-4.8%
自由现金流更多
GPN
多$291.0M
$56.0M
两年增速更快
RXT
近两年复合增速
-25.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $682.8M |
| 净利润 | $217.5M | $-32.7M |
| 毛利率 | 89.7% | 17.6% |
| 营业利润率 | 5.9% | -0.5% |
| 净利率 | 16.4% | -4.8% |
| 营收同比 | -47.1% | -0.4% |
| 净利润同比 | -61.6% | 41.6% |
| 每股收益（稀释后） | $0.91 | $-0.13 |
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GPNRXT
| Q4 25 | $1.3B | $682.8M | ||
| Q3 25 | $2.0B | $671.2M | ||
| Q2 25 | $2.0B | $666.3M | ||
| Q1 25 | $2.4B | $665.4M | ||
| Q4 24 | $2.5B | $685.6M | ||
| Q3 24 | $2.6B | $675.8M | ||
| Q2 24 | $2.6B | $684.9M | ||
| Q1 24 | $2.4B | $690.8M |
净利润GPNRXT
| Q4 25 | $217.5M | $-32.7M | ||
| Q3 25 | $635.2M | $-67.1M | ||
| Q2 25 | $241.6M | $-54.5M | ||
| Q1 25 | $305.7M | $-71.5M | ||
| Q4 24 | $567.2M | $-56.0M | ||
| Q3 24 | $315.1M | $-186.6M | ||
| Q2 24 | $374.8M | $25.0M | ||
| Q1 24 | $313.3M | $-640.6M |
毛利率GPNRXT
| Q4 25 | 89.7% | 17.6% | ||
| Q3 25 | 72.3% | 19.4% | ||
| Q2 25 | 74.5% | 19.4% | ||
| Q1 25 | 61.8% | 19.1% | ||
| Q4 24 | 62.1% | 19.2% | ||
| Q3 24 | 63.6% | 20.3% | ||
| Q2 24 | 63.5% | 19.2% | ||
| Q1 24 | 61.9% | 19.2% |
营业利润率GPNRXT
| Q4 25 | 5.9% | -0.5% | ||
| Q3 25 | 38.8% | -5.1% | ||
| Q2 25 | 21.8% | -3.8% | ||
| Q1 25 | 19.5% | -5.8% | ||
| Q4 24 | 33.1% | -4.2% | ||
| Q3 24 | 18.3% | -25.7% | ||
| Q2 24 | 22.3% | -7.9% | ||
| Q1 24 | 18.7% | -94.5% |
净利率GPNRXT
| Q4 25 | 16.4% | -4.8% | ||
| Q3 25 | 31.6% | -10.0% | ||
| Q2 25 | 12.3% | -8.2% | ||
| Q1 25 | 12.7% | -10.7% | ||
| Q4 24 | 22.5% | -8.2% | ||
| Q3 24 | 12.1% | -27.6% | ||
| Q2 24 | 14.6% | 3.7% | ||
| Q1 24 | 12.9% | -92.7% |
每股收益（稀释后）GPNRXT
| Q4 25 | $0.91 | $-0.13 | ||
| Q3 25 | $2.64 | $-0.28 | ||
| Q2 25 | $0.99 | $-0.23 | ||
| Q1 25 | $1.24 | $-0.31 | ||
| Q4 24 | $2.23 | $-0.20 | ||
| Q3 24 | $1.24 | $-0.82 | ||
| Q2 24 | $1.47 | $0.11 | ||
| Q1 24 | $1.22 | $-2.91 |
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 | $8.3B | $105.8M |
| 总债务越低越好 | $19.5B | $2.7B |
| 股东权益账面价值 | $22.9B | $-1.2B |
| 总资产 | $53.3B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.85× | — |
8季度趋势，按日历期对齐
现金及短期投资GPNRXT
| Q4 25 | $8.3B | $105.8M | ||
| Q3 25 | $2.6B | $99.5M | ||
| Q2 25 | $2.6B | $103.9M | ||
| Q1 25 | $2.9B | $128.0M | ||
| Q4 24 | $2.5B | $144.0M | ||
| Q3 24 | $2.9B | $157.1M | ||
| Q2 24 | $2.1B | $190.2M | ||
| Q1 24 | $2.2B | $282.6M |
总债务GPNRXT
| Q4 25 | $19.5B | $2.7B | ||
| Q3 25 | $13.3B | $2.8B | ||
| Q2 25 | $14.2B | $2.8B | ||
| Q1 25 | $15.0B | $2.8B | ||
| Q4 24 | $15.2B | $2.8B | ||
| Q3 24 | $15.2B | $2.8B | ||
| Q2 24 | $15.6B | $2.9B | ||
| Q1 24 | $15.6B | $3.0B |
股东权益GPNRXT
| Q4 25 | $22.9B | $-1.2B | ||
| Q3 25 | $22.7B | $-1.2B | ||
| Q2 25 | $22.6B | $-1.1B | ||
| Q1 25 | $22.2B | $-1.1B | ||
| Q4 24 | $22.3B | $-1.0B | ||
| Q3 24 | $22.8B | $-949.7M | ||
| Q2 24 | $22.4B | $-756.2M | ||
| Q1 24 | $22.2B | $-787.2M |
总资产GPNRXT
| Q4 25 | $53.3B | $2.8B | ||
| Q3 25 | $48.0B | $2.8B | ||
| Q2 25 | $48.5B | $2.9B | ||
| Q1 25 | $47.6B | $3.0B | ||
| Q4 24 | $46.9B | $3.1B | ||
| Q3 24 | $50.0B | $3.1B | ||
| Q2 24 | $50.8B | $3.4B | ||
| Q1 24 | $51.8B | $3.5B |
负债/权益比GPNRXT
| Q4 25 | 0.85× | — | ||
| Q3 25 | 0.59× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.70× | — |
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 | $515.2M | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $347.0M | $56.0M |
| 自由现金流率自由现金流/营收 | 26.1% | 8.2% |
| 资本支出强度资本支出/营收 | 12.7% | 0.5% |
| 现金转化率经营现金流/净利润 | 2.37× | — |
| 过去12个月自由现金流最近4个季度 | $2.0B | $90.6M |
8季度趋势，按日历期对齐
经营现金流GPNRXT
| Q4 25 | $515.2M | $59.7M | ||
| Q3 25 | $768.7M | $70.7M | ||
| Q2 25 | $817.5M | $8.4M | ||
| Q1 25 | $555.1M | $12.6M | ||
| Q4 24 | $653.4M | $54.3M | ||
| Q3 24 | $1.7B | $51.8M | ||
| Q2 24 | $736.9M | $24.1M | ||
| Q1 24 | $416.3M | $-90.3M |
自由现金流GPNRXT
| Q4 25 | $347.0M | $56.0M | ||
| Q3 25 | $598.9M | $42.7M | ||
| Q2 25 | $665.4M | $-12.4M | ||
| Q1 25 | $427.5M | $4.3M | ||
| Q4 24 | $469.4M | $34.4M | ||
| Q3 24 | $1.6B | $27.3M | ||
| Q2 24 | $557.7M | $-14.5M | ||
| Q1 24 | $270.9M | $-118.4M |
自由现金流率GPNRXT
| Q4 25 | 26.1% | 8.2% | ||
| Q3 25 | 29.8% | 6.4% | ||
| Q2 25 | 34.0% | -1.9% | ||
| Q1 25 | 17.7% | 0.6% | ||
| Q4 24 | 18.7% | 5.0% | ||
| Q3 24 | 60.0% | 4.0% | ||
| Q2 24 | 21.7% | -2.1% | ||
| Q1 24 | 11.2% | -17.1% |
资本支出强度GPNRXT
| Q4 25 | 12.7% | 0.5% | ||
| Q3 25 | 8.5% | 4.2% | ||
| Q2 25 | 7.8% | 3.1% | ||
| Q1 25 | 5.3% | 1.2% | ||
| Q4 24 | 7.3% | 2.9% | ||
| Q3 24 | 6.4% | 3.6% | ||
| Q2 24 | 7.0% | 5.6% | ||
| Q1 24 | 6.0% | 4.1% |
现金转化率GPNRXT
| Q4 25 | 2.37× | — | ||
| Q3 25 | 1.21× | — | ||
| Q2 25 | 3.38× | — | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 5.48× | — | ||
| Q2 24 | 1.97× | 0.96× | ||
| Q1 24 | 1.33× | — |
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
GPN
| Integrated And Embedded Solutions | $869.3M | 65% |
| Point Of Sale And Software Solutions | $281.7M | 21% |
| Other | $178.4M | 13% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
