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INDEPENDENT BANK CORP（INDB）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
PROGRESS SOFTWARE CORP的季度营收约是INDEPENDENT BANK CORP的1.2倍（$252.7M vs $212.5M），INDEPENDENT BANK CORP净利率更高（35.5% vs 10.2%，领先25.3%），INDEPENDENT BANK CORP同比增速更快（46.9% vs 17.5%），INDEPENDENT BANK CORP自由现金流更多（$75.5M vs $59.9M），过去两年INDEPENDENT BANK CORP的营收复合增速更高（24.3% vs 17.0%）
Independent Bank Corp是一家总部位于美国密歇根州大急流城的商业银行，业务全部布局于密歇根州内，目前在全州范围内共设有62家实体营业网点，为当地个人及企业客户提供各类银行金融服务。
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。
INDB vs PRGS — 直观对比
营收规模更大
PRGS
是对方的1.2倍
$212.5M
营收增速更快
INDB
高出29.3%
17.5%
净利率更高
INDB
高出25.3%
10.2%
自由现金流更多
INDB
多$15.6M
$59.9M
两年增速更快
INDB
近两年复合增速
17.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $212.5M | $252.7M |
| 净利润 | $75.3M | $25.7M |
| 毛利率 | — | 81.6% |
| 营业利润率 | — | 15.2% |
| 净利率 | 35.5% | 10.2% |
| 营收同比 | 46.9% | 17.5% |
| 净利润同比 | 50.6% | 2144.6% |
| 每股收益（稀释后） | $1.51 | $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INDBPRGS
| Q4 25 | $212.5M | $252.7M | ||
| Q3 25 | $203.3M | $249.8M | ||
| Q2 25 | $147.5M | $237.4M | ||
| Q1 25 | $145.5M | $238.0M | ||
| Q4 24 | $144.7M | $215.0M | ||
| Q3 24 | $141.7M | $178.7M | ||
| Q2 24 | $137.9M | $175.1M | ||
| Q1 24 | $137.4M | $184.7M |
净利润INDBPRGS
| Q4 25 | $75.3M | $25.7M | ||
| Q3 25 | $34.3M | $19.4M | ||
| Q2 25 | $51.1M | $17.0M | ||
| Q1 25 | $44.4M | $10.9M | ||
| Q4 24 | $50.0M | $1.1M | ||
| Q3 24 | $42.9M | $28.5M | ||
| Q2 24 | $51.3M | $16.2M | ||
| Q1 24 | $47.8M | $22.6M |
毛利率INDBPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | — | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 83.7% | ||
| Q2 24 | — | 81.7% | ||
| Q1 24 | — | 82.2% |
营业利润率INDBPRGS
| Q4 25 | — | 15.2% | ||
| Q3 25 | 21.8% | 17.6% | ||
| Q2 25 | 44.6% | 16.3% | ||
| Q1 25 | 39.3% | 13.6% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 39.0% | 22.6% | ||
| Q2 24 | 48.1% | 15.5% | ||
| Q1 24 | 45.5% | 19.0% |
净利率INDBPRGS
| Q4 25 | 35.5% | 10.2% | ||
| Q3 25 | 16.8% | 7.8% | ||
| Q2 25 | 34.6% | 7.2% | ||
| Q1 25 | 30.5% | 4.6% | ||
| Q4 24 | 34.6% | 0.5% | ||
| Q3 24 | 30.3% | 15.9% | ||
| Q2 24 | 37.2% | 9.2% | ||
| Q1 24 | 34.8% | 12.3% |
每股收益（稀释后）INDBPRGS
| Q4 25 | $1.51 | $0.59 | ||
| Q3 25 | $0.69 | $0.44 | ||
| Q2 25 | $1.20 | $0.39 | ||
| Q1 25 | $1.04 | $0.24 | ||
| Q4 24 | $1.18 | $0.01 | ||
| Q3 24 | $1.01 | $0.65 | ||
| Q2 24 | $1.21 | $0.37 | ||
| Q1 24 | $1.12 | $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 | — | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $3.6B | $478.3M |
| 总资产 | $24.9B | $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INDBPRGS
| Q4 25 | — | $94.8M | ||
| Q3 25 | — | $99.0M | ||
| Q2 25 | — | $102.0M | ||
| Q1 25 | — | $124.2M | ||
| Q4 24 | — | $118.1M | ||
| Q3 24 | — | $232.7M | ||
| Q2 24 | — | $190.4M | ||
| Q1 24 | — | $133.2M |
总债务INDBPRGS
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益INDBPRGS
| Q4 25 | $3.6B | $478.3M | ||
| Q3 25 | $3.5B | $477.7M | ||
| Q2 25 | $3.1B | $452.7M | ||
| Q1 25 | $3.0B | $431.8M | ||
| Q4 24 | $3.0B | $438.8M | ||
| Q3 24 | $3.0B | $425.6M | ||
| Q2 24 | $2.9B | $401.7M | ||
| Q1 24 | $2.9B | $461.7M |
总资产INDBPRGS
| Q4 25 | $24.9B | $2.5B | ||
| Q3 25 | $25.0B | $2.4B | ||
| Q2 25 | $20.0B | $2.4B | ||
| Q1 25 | $19.9B | $2.5B | ||
| Q4 24 | $19.4B | $2.5B | ||
| Q3 24 | $19.4B | $1.6B | ||
| Q2 24 | $19.4B | $1.6B | ||
| Q1 24 | $19.3B | $1.5B |
负债/权益比INDBPRGS
| Q4 25 | — | 2.93× | ||
| Q3 25 | — | 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 | $78.9M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $75.5M | $59.9M |
| 自由现金流率自由现金流/营收 | 35.5% | 23.7% |
| 资本支出强度资本支出/营收 | 1.6% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.05× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $239.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流INDBPRGS
| Q4 25 | $78.9M | $62.8M | ||
| Q3 25 | $52.2M | $73.4M | ||
| Q2 25 | $106.7M | $30.0M | ||
| Q1 25 | $13.3M | $68.9M | ||
| Q4 24 | $42.9M | $19.7M | ||
| Q3 24 | $70.2M | $57.7M | ||
| Q2 24 | $65.6M | $63.7M | ||
| Q1 24 | $51.1M | $70.5M |
自由现金流INDBPRGS
| Q4 25 | $75.5M | $59.9M | ||
| Q3 25 | $49.7M | $72.4M | ||
| Q2 25 | $102.5M | $29.5M | ||
| Q1 25 | $11.3M | $67.7M | ||
| Q4 24 | $36.5M | $16.8M | ||
| Q3 24 | $64.4M | $56.6M | ||
| Q2 24 | $61.9M | $62.7M | ||
| Q1 24 | $46.7M | $70.2M |
自由现金流率INDBPRGS
| Q4 25 | 35.5% | 23.7% | ||
| Q3 25 | 24.4% | 29.0% | ||
| Q2 25 | 69.5% | 12.4% | ||
| Q1 25 | 7.8% | 28.4% | ||
| Q4 24 | 25.2% | 7.8% | ||
| Q3 24 | 45.4% | 31.7% | ||
| Q2 24 | 44.9% | 35.8% | ||
| Q1 24 | 34.0% | 38.0% |
资本支出强度INDBPRGS
| Q4 25 | 1.6% | 1.1% | ||
| Q3 25 | 1.2% | 0.4% | ||
| Q2 25 | 2.9% | 0.2% | ||
| Q1 25 | 1.4% | 0.5% | ||
| Q4 24 | 4.4% | 1.3% | ||
| Q3 24 | 4.1% | 0.6% | ||
| Q2 24 | 2.7% | 0.5% | ||
| Q1 24 | 3.2% | 0.2% |
现金转化率INDBPRGS
| Q4 25 | 1.05× | 2.44× | ||
| Q3 25 | 1.52× | 3.78× | ||
| Q2 25 | 2.09× | 1.76× | ||
| Q1 25 | 0.30× | 6.30× | ||
| Q4 24 | 0.86× | 17.13× | ||
| Q3 24 | 1.64× | 2.03× | ||
| Q2 24 | 1.28× | 3.93× | ||
| Q1 24 | 1.07× | 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
INDB
暂无分部数据
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
