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IHS Holding Ltd（IHS）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
IHS Holding Ltd的季度营收约是PROGRESS SOFTWARE CORP的1.0倍（$254.0M vs $252.7M），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 0.1%），IHS Holding Ltd自由现金流更多（$178.6M vs $59.9M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -22.0%）
IHS Holding是全球规模领先的共享通信基础设施独立持有、运营及开发企业之一，也是全球第五大独立跨国通信铁塔企业，业务覆盖非洲与拉美地区，为当地通信网络部署提供关键的铁塔基础设施支持。
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。
IHS vs PRGS — 直观对比
营收规模更大
IHS
是对方的1.0倍
$252.7M
营收增速更快
PRGS
高出17.5%
0.1%
自由现金流更多
IHS
多$118.7M
$59.9M
两年增速更快
PRGS
近两年复合增速
-22.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $254.0M | $252.7M |
| 净利润 | — | $25.7M |
| 毛利率 | 83.6% | 81.6% |
| 营业利润率 | — | 15.2% |
| 净利率 | — | 10.2% |
| 营收同比 | 0.1% | 17.5% |
| 净利润同比 | — | 2144.6% |
| 每股收益（稀释后） | — | $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IHSPRGS
| Q4 25 | $254.0M | $252.7M | ||
| Q3 25 | $455.1M | $249.8M | ||
| Q2 25 | $433.3M | $237.4M | ||
| Q1 25 | $439.6M | $238.0M | ||
| Q4 24 | $253.8M | $215.0M | ||
| Q3 24 | $420.3M | $178.7M | ||
| Q2 24 | $435.4M | $175.1M | ||
| Q1 24 | $417.7M | $184.7M |
净利润IHSPRGS
| Q4 25 | — | $25.7M | ||
| Q3 25 | $147.4M | $19.4M | ||
| Q2 25 | $32.3M | $17.0M | ||
| Q1 25 | $30.7M | $10.9M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $-205.7M | $28.5M | ||
| Q2 24 | $-124.3M | $16.2M | ||
| Q1 24 | $-1.6B | $22.6M |
毛利率IHSPRGS
| Q4 25 | 83.6% | 81.6% | ||
| Q3 25 | 47.5% | 81.0% | ||
| Q2 25 | 51.3% | 80.1% | ||
| Q1 25 | 51.4% | 80.6% | ||
| Q4 24 | 72.1% | 83.0% | ||
| Q3 24 | 52.0% | 83.7% | ||
| Q2 24 | 52.5% | 81.7% | ||
| Q1 24 | 39.1% | 82.2% |
营业利润率IHSPRGS
| Q4 25 | — | 15.2% | ||
| Q3 25 | 35.1% | 17.6% | ||
| Q2 25 | 33.8% | 16.3% | ||
| Q1 25 | 37.1% | 13.6% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 29.9% | 22.6% | ||
| Q2 24 | 34.0% | 15.5% | ||
| Q1 24 | -1.7% | 19.0% |
净利率IHSPRGS
| Q4 25 | — | 10.2% | ||
| Q3 25 | 32.4% | 7.8% | ||
| Q2 25 | 7.5% | 7.2% | ||
| Q1 25 | 7.0% | 4.6% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | -48.9% | 15.9% | ||
| Q2 24 | -28.5% | 9.2% | ||
| Q1 24 | -372.8% | 12.3% |
每股收益（稀释后）IHSPRGS
| Q4 25 | — | $0.59 | ||
| Q3 25 | $0.44 | $0.44 | ||
| Q2 25 | $0.10 | $0.39 | ||
| Q1 25 | $0.10 | $0.24 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | $-0.61 | $0.65 | ||
| Q2 24 | $-0.36 | $0.37 | ||
| Q1 24 | $-4.67 | $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 | $825.7M | $94.8M |
| 总债务越低越好 | $3.1B | $1.4B |
| 股东权益账面价值 | $-89.8M | $478.3M |
| 总资产 | $4.5B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资IHSPRGS
| Q4 25 | $825.7M | $94.8M | ||
| Q3 25 | $647.6M | $99.0M | ||
| Q2 25 | $531.8M | $102.0M | ||
| Q1 25 | $629.0M | $124.2M | ||
| Q4 24 | $578.0M | $118.1M | ||
| Q3 24 | $397.5M | $232.7M | ||
| Q2 24 | $445.7M | $190.4M | ||
| Q1 24 | $333.2M | $133.2M |
总债务IHSPRGS
| Q4 25 | $3.1B | $1.4B | ||
| Q3 25 | $3.3B | $1.4B | ||
| Q2 25 | $3.2B | $1.5B | ||
| Q1 25 | $3.4B | $1.5B | ||
| Q4 24 | $3.3B | $1.5B | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.5B | — |
股东权益IHSPRGS
| Q4 25 | $-89.8M | $478.3M | ||
| Q3 25 | $38.1M | $477.7M | ||
| Q2 25 | $-98.4M | $452.7M | ||
| Q1 25 | $-184.4M | $431.8M | ||
| Q4 24 | $-314.4M | $438.8M | ||
| Q3 24 | $-284.7M | $425.6M | ||
| Q2 24 | $-308.3M | $401.7M | ||
| Q1 24 | $-163.2M | $461.7M |
总资产IHSPRGS
| Q4 25 | $4.5B | $2.5B | ||
| Q3 25 | $4.7B | $2.4B | ||
| Q2 25 | $4.5B | $2.4B | ||
| Q1 25 | $4.4B | $2.5B | ||
| Q4 24 | $4.2B | $2.5B | ||
| Q3 24 | $4.6B | $1.6B | ||
| Q2 24 | $4.5B | $1.6B | ||
| Q1 24 | $4.6B | $1.5B |
负债/权益比IHSPRGS
| Q4 25 | — | 2.93× | ||
| Q3 25 | 85.85× | 2.97× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| 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 | $246.9M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $178.6M | $59.9M |
| 自由现金流率自由现金流/营收 | 70.3% | 23.7% |
| 资本支出强度资本支出/营收 | 26.9% | 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 | $718.7M | $229.5M |
8季度趋势，按日历期对齐
经营现金流IHSPRGS
| Q4 25 | $246.9M | $62.8M | ||
| Q3 25 | $251.3M | $73.4M | ||
| Q2 25 | $237.7M | $30.0M | ||
| Q1 25 | $200.3M | $68.9M | ||
| Q4 24 | $344.4M | $19.7M | ||
| Q3 24 | $174.5M | $57.7M | ||
| Q2 24 | $134.7M | $63.7M | ||
| Q1 24 | $75.8M | $70.5M |
自由现金流IHSPRGS
| Q4 25 | $178.6M | $59.9M | ||
| Q3 25 | $189.2M | $72.4M | ||
| Q2 25 | $197.7M | $29.5M | ||
| Q1 25 | $153.2M | $67.7M | ||
| Q4 24 | $282.9M | $16.8M | ||
| Q3 24 | $122.3M | $56.6M | ||
| Q2 24 | $74.2M | $62.7M | ||
| Q1 24 | $14.8M | $70.2M |
自由现金流率IHSPRGS
| Q4 25 | 70.3% | 23.7% | ||
| Q3 25 | 41.6% | 29.0% | ||
| Q2 25 | 45.6% | 12.4% | ||
| Q1 25 | 34.8% | 28.4% | ||
| Q4 24 | 111.5% | 7.8% | ||
| Q3 24 | 29.1% | 31.7% | ||
| Q2 24 | 17.0% | 35.8% | ||
| Q1 24 | 3.5% | 38.0% |
资本支出强度IHSPRGS
| Q4 25 | 26.9% | 1.1% | ||
| Q3 25 | 13.6% | 0.4% | ||
| Q2 25 | 9.2% | 0.2% | ||
| Q1 25 | 10.7% | 0.5% | ||
| Q4 24 | 24.2% | 1.3% | ||
| Q3 24 | 12.4% | 0.6% | ||
| Q2 24 | 13.9% | 0.5% | ||
| Q1 24 | 14.6% | 0.2% |
现金转化率IHSPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | 1.70× | 3.78× | ||
| Q2 25 | 7.36× | 1.76× | ||
| Q1 25 | 6.52× | 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
IHS
暂无分部数据
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
