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HARTE HANKS INC（HHS）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
PDF SOLUTIONS INC的季度营收约是HARTE HANKS INC的1.6倍（$62.4M vs $39.9M），HARTE HANKS INC净利率更高（5.5% vs -0.1%，领先5.6%），PDF SOLUTIONS INC同比增速更快（24.6% vs -15.4%），PDF SOLUTIONS INC自由现金流更多（$7.5M vs $-686.0K），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs -6.4%）
哈特·汉克斯是一家总部位于美国马萨诸塞州波士顿的全球营销服务企业，主营业务涵盖数据分析、营销战略规划、营销技术支持、创意服务、数字营销、客户服务、直邮服务以及物流履约等多个领域，为全球客户提供全方位的营销解决方案。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
HHS vs PDFS — 直观对比
营收规模更大
PDFS
是对方的1.6倍
$39.9M
营收增速更快
PDFS
高出40.0%
-15.4%
净利率更高
HHS
高出5.6%
-0.1%
自由现金流更多
PDFS
多$8.2M
$-686.0K
两年增速更快
PDFS
近两年复合增速
-6.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $39.9M | $62.4M |
| 净利润 | $2.2M | $-48.0K |
| 毛利率 | — | 72.9% |
| 营业利润率 | -0.3% | 5.5% |
| 净利率 | 5.5% | -0.1% |
| 营收同比 | -15.4% | 24.6% |
| 净利润同比 | — | -108.9% |
| 每股收益（稀释后） | $0.30 | $0.00 |
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HHSPDFS
| Q4 25 | $39.9M | $62.4M | ||
| Q3 25 | $39.5M | $57.1M | ||
| Q2 25 | $38.6M | $51.7M | ||
| Q1 25 | $41.6M | $47.8M | ||
| Q4 24 | $47.1M | $50.1M | ||
| Q3 24 | $47.6M | $46.4M | ||
| Q2 24 | $45.0M | $41.7M | ||
| Q1 24 | $45.4M | $41.3M |
净利润HHSPDFS
| Q4 25 | $2.2M | $-48.0K | ||
| Q3 25 | $-2.3M | $1.3M | ||
| Q2 25 | $-335.0K | $1.1M | ||
| Q1 25 | $-392.0K | $-3.0M | ||
| Q4 24 | — | $539.0K | ||
| Q3 24 | $142.0K | $2.2M | ||
| Q2 24 | $-27.8M | $1.7M | ||
| Q1 24 | $-171.0K | $-393.0K |
毛利率HHSPDFS
| Q4 25 | — | 72.9% | ||
| Q3 25 | — | 72.3% | ||
| Q2 25 | — | 71.2% | ||
| Q1 25 | — | 72.9% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 67.3% |
营业利润率HHSPDFS
| Q4 25 | -0.3% | 5.5% | ||
| Q3 25 | 1.3% | 8.5% | ||
| Q2 25 | 0.1% | 2.2% | ||
| Q1 25 | -0.1% | -7.4% | ||
| Q4 24 | -3.3% | 1.0% | ||
| Q3 24 | 4.0% | 4.6% | ||
| Q2 24 | 3.0% | 0.6% | ||
| Q1 24 | 0.8% | -4.7% |
净利率HHSPDFS
| Q4 25 | 5.5% | -0.1% | ||
| Q3 25 | -5.8% | 2.3% | ||
| Q2 25 | -0.9% | 2.2% | ||
| Q1 25 | -0.9% | -6.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | 0.3% | 4.8% | ||
| Q2 24 | -61.8% | 4.1% | ||
| Q1 24 | -0.4% | -1.0% |
每股收益（稀释后）HHSPDFS
| Q4 25 | $0.30 | $0.00 | ||
| Q3 25 | $-0.31 | $0.03 | ||
| Q2 25 | $-0.05 | $0.03 | ||
| Q1 25 | $-0.05 | $-0.08 | ||
| Q4 24 | $-0.31 | $0.01 | ||
| Q3 24 | $0.02 | $0.06 | ||
| Q2 24 | $-3.84 | $0.04 | ||
| Q1 24 | $-0.02 | $-0.01 |
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 | $5.6M | $42.2M |
| 总债务越低越好 | — | $67.0M |
| 股东权益账面价值 | $20.5M | $271.0M |
| 总资产 | $91.8M | $418.7M |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资HHSPDFS
| Q4 25 | $5.6M | $42.2M | ||
| Q3 25 | $6.5M | $35.9M | ||
| Q2 25 | $4.8M | $40.4M | ||
| Q1 25 | $9.0M | $54.1M | ||
| Q4 24 | $9.8M | $114.9M | ||
| Q3 24 | $5.9M | $120.2M | ||
| Q2 24 | $11.0M | $117.9M | ||
| Q1 24 | $11.5M | $122.9M |
总债务HHSPDFS
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $67.6M | ||
| Q2 25 | — | $68.1M | ||
| Q1 25 | — | $68.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HHSPDFS
| Q4 25 | $20.5M | $271.0M | ||
| Q3 25 | $19.9M | $264.4M | ||
| Q2 25 | $22.2M | $257.5M | ||
| Q1 25 | $21.4M | $249.0M | ||
| Q4 24 | $21.7M | $246.0M | ||
| Q3 24 | $21.0M | $240.5M | ||
| Q2 24 | $20.6M | $232.2M | ||
| Q1 24 | $20.0M | $225.4M |
总资产HHSPDFS
| Q4 25 | $91.8M | $418.7M | ||
| Q3 25 | $92.7M | $406.4M | ||
| Q2 25 | $95.0M | $391.1M | ||
| Q1 25 | $100.6M | $390.0M | ||
| Q4 24 | $101.8M | $315.3M | ||
| Q3 24 | $108.1M | $307.4M | ||
| Q2 24 | $109.7M | $298.0M | ||
| Q1 24 | $113.4M | $286.8M |
负债/权益比HHSPDFS
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $737.0K | $17.3M |
| 自由现金流经营现金流 - 资本支出 | $-686.0K | $7.5M |
| 自由现金流率自由现金流/营收 | -1.7% | 12.1% |
| 资本支出强度资本支出/营收 | 3.6% | 15.7% |
| 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 | $-4.5M | $-8.6M |
8季度趋势，按日历期对齐
经营现金流HHSPDFS
| Q4 25 | $737.0K | $17.3M | ||
| Q3 25 | $3.2M | $3.3M | ||
| Q2 25 | $-4.8M | $-5.2M | ||
| Q1 25 | $-818.0K | $8.6M | ||
| Q4 24 | $4.0M | $1.6M | ||
| Q3 24 | $-2.9M | $9.3M | ||
| Q2 24 | $1.6M | $684.0K | ||
| Q1 24 | $-5.7M | $-1.9M |
自由现金流HHSPDFS
| Q4 25 | $-686.0K | $7.5M | ||
| Q3 25 | $2.2M | $-2.9M | ||
| Q2 25 | $-5.1M | $-13.8M | ||
| Q1 25 | $-923.0K | $535.0K | ||
| Q4 24 | $3.4M | $-4.0M | ||
| Q3 24 | $-4.9M | $5.1M | ||
| Q2 24 | $926.0K | $-4.6M | ||
| Q1 24 | $-6.2M | $-3.9M |
自由现金流率HHSPDFS
| Q4 25 | -1.7% | 12.1% | ||
| Q3 25 | 5.5% | -5.1% | ||
| Q2 25 | -13.1% | -26.6% | ||
| Q1 25 | -2.2% | 1.1% | ||
| Q4 24 | 7.3% | -8.0% | ||
| Q3 24 | -10.2% | 11.0% | ||
| Q2 24 | 2.1% | -11.1% | ||
| Q1 24 | -13.7% | -9.4% |
资本支出强度HHSPDFS
| Q4 25 | 3.6% | 15.7% | ||
| Q3 25 | 2.5% | 10.8% | ||
| Q2 25 | 0.6% | 16.5% | ||
| Q1 25 | 0.3% | 17.0% | ||
| Q4 24 | 1.3% | 11.3% | ||
| Q3 24 | 4.0% | 9.0% | ||
| Q2 24 | 1.5% | 12.8% | ||
| Q1 24 | 1.2% | 4.9% |
现金转化率HHSPDFS
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | -4.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | -20.76× | 4.20× | ||
| Q2 24 | — | 0.40× | ||
| Q1 24 | — | — |
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
HHS
| Fulfillment And Logistics Services | $17.3M | 43% |
| Customer Care | $13.7M | 34% |
| Other | $8.9M | 22% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
