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Jack Henry & Associates（JKHY）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是Jack Henry & Associates的1.9倍（$1.2B vs $619.3M），Jack Henry & Associates净利率更高（20.1% vs 8.9%，领先11.2%），Sunrun Inc.同比增速更快（123.5% vs 7.9%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 7.2%）
Jack Henry & Associates是1976年成立的美国专业金融科技企业，主要面向社区银行、信用合作社等中小型金融机构提供金融科技及支付处理解决方案，同时帮助区域银行与信用合作社管控风险、完成合规申报，优化升级线上银行业务相关服务。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
JKHY vs RUN — 直观对比
营收规模更大
RUN
是对方的1.9倍
$619.3M
营收增速更快
RUN
高出115.6%
7.9%
净利率更高
JKHY
高出11.2%
8.9%
两年增速更快
RUN
近两年复合增速
7.2%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $619.3M | $1.2B |
| 净利润 | $124.7M | $103.6M |
| 毛利率 | 43.3% | — |
| 营业利润率 | 25.7% | 8.4% |
| 净利率 | 20.1% | 8.9% |
| 营收同比 | 7.9% | 123.5% |
| 净利润同比 | 27.4% | 103.7% |
| 每股收益（稀释后） | $1.72 | $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JKHYRUN
| Q4 25 | $619.3M | $1.2B | ||
| Q3 25 | $644.7M | $724.6M | ||
| Q2 25 | $615.4M | $569.3M | ||
| Q1 25 | $585.1M | $504.3M | ||
| Q4 24 | $573.8M | $518.5M | ||
| Q3 24 | $601.0M | $537.2M | ||
| Q2 24 | $559.9M | $523.9M | ||
| Q1 24 | $538.6M | $458.2M |
净利润JKHYRUN
| Q4 25 | $124.7M | $103.6M | ||
| Q3 25 | $144.0M | $16.6M | ||
| Q2 25 | $127.6M | $279.8M | ||
| Q1 25 | $111.1M | $50.0M | ||
| Q4 24 | $97.8M | $-2.8B | ||
| Q3 24 | $119.2M | $-83.8M | ||
| Q2 24 | $101.1M | $139.1M | ||
| Q1 24 | $87.1M | $-87.8M |
毛利率JKHYRUN
| Q4 25 | 43.3% | — | ||
| Q3 25 | 45.9% | — | ||
| Q2 25 | 44.1% | — | ||
| Q1 25 | 41.8% | — | ||
| Q4 24 | 42.0% | — | ||
| Q3 24 | 42.9% | — | ||
| Q2 24 | 41.5% | — | ||
| Q1 24 | 39.1% | — |
营业利润率JKHYRUN
| Q4 25 | 25.7% | 8.4% | ||
| Q3 25 | 28.5% | 0.5% | ||
| Q2 25 | 25.3% | -19.7% | ||
| Q1 25 | 23.7% | -22.8% | ||
| Q4 24 | 21.4% | -628.0% | ||
| Q3 24 | 25.2% | -23.8% | ||
| Q2 24 | 22.4% | -24.4% | ||
| Q1 24 | 20.8% | -40.0% |
净利率JKHYRUN
| Q4 25 | 20.1% | 8.9% | ||
| Q3 25 | 22.3% | 2.3% | ||
| Q2 25 | 20.7% | 49.1% | ||
| Q1 25 | 19.0% | 9.9% | ||
| Q4 24 | 17.1% | -542.7% | ||
| Q3 24 | 19.8% | -15.6% | ||
| Q2 24 | 18.1% | 26.5% | ||
| Q1 24 | 16.2% | -19.2% |
每股收益（稀释后）JKHYRUN
| Q4 25 | $1.72 | $0.38 | ||
| Q3 25 | $1.97 | $0.06 | ||
| Q2 25 | $1.75 | $1.07 | ||
| Q1 25 | $1.52 | $0.20 | ||
| Q4 24 | $1.34 | $-12.59 | ||
| Q3 24 | $1.63 | $-0.37 | ||
| Q2 24 | $1.39 | $0.55 | ||
| Q1 24 | $1.19 | $-0.40 |
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 | $28.2M | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $2.2B | $3.1B |
| 总资产 | $3.1B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资JKHYRUN
| Q4 25 | $28.2M | — | ||
| Q3 25 | $36.2M | — | ||
| Q2 25 | $102.0M | — | ||
| Q1 25 | $39.9M | — | ||
| Q4 24 | $25.7M | — | ||
| Q3 24 | $43.2M | — | ||
| Q2 24 | $38.3M | — | ||
| Q1 24 | $27.3M | — |
总债务JKHYRUN
| Q4 25 | — | $14.7B | ||
| Q3 25 | — | $14.6B | ||
| Q2 25 | $0 | $14.0B | ||
| Q1 25 | — | $13.6B | ||
| Q4 24 | — | $12.9B | ||
| Q3 24 | — | $12.5B | ||
| Q2 24 | $60.0M | $12.0B | ||
| Q1 24 | $250.0M | $11.1B |
股东权益JKHYRUN
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $2.1B | $2.9B | ||
| Q1 25 | $2.0B | $2.6B | ||
| Q4 24 | $2.0B | $2.6B | ||
| Q3 24 | $1.9B | $5.3B | ||
| Q2 24 | $1.8B | $5.4B | ||
| Q1 24 | $1.8B | $5.2B |
总资产JKHYRUN
| Q4 25 | $3.1B | $22.6B | ||
| Q3 25 | $3.0B | $22.2B | ||
| Q2 25 | $3.0B | $21.2B | ||
| Q1 25 | $2.9B | $20.4B | ||
| Q4 24 | $2.9B | $19.9B | ||
| Q3 24 | $2.9B | $22.1B | ||
| Q2 24 | $2.9B | $21.4B | ||
| Q1 24 | $2.8B | $20.8B |
负债/权益比JKHYRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | — | 4.90× | ||
| Q2 25 | 0.00× | 4.80× | ||
| Q1 25 | — | 5.19× | ||
| Q4 24 | — | 5.05× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | 0.03× | 2.23× | ||
| Q1 24 | 0.14× | 2.15× |
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 | $152.7M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | $131.4M | — |
| 自由现金流率自由现金流/营收 | 21.2% | — |
| 资本支出强度资本支出/营收 | 3.4% | — |
| 现金转化率经营现金流/净利润 | 1.22× | 0.94× |
| 过去12个月自由现金流最近4个季度 | $654.2M | — |
8季度趋势，按日历期对齐
经营现金流JKHYRUN
| Q4 25 | $152.7M | $96.9M | ||
| Q3 25 | $120.6M | $-121.5M | ||
| Q2 25 | $327.1M | $-292.7M | ||
| Q1 25 | $107.8M | $-104.2M | ||
| Q4 24 | $89.6M | $-258.4M | ||
| Q3 24 | $116.9M | $-156.2M | ||
| Q2 24 | $231.8M | $-208.5M | ||
| Q1 24 | $97.6M | $-143.1M |
自由现金流JKHYRUN
| Q4 25 | $131.4M | — | ||
| Q3 25 | $111.7M | — | ||
| Q2 25 | $314.9M | — | ||
| Q1 25 | $96.1M | — | ||
| Q4 24 | $73.0M | — | ||
| Q3 24 | $104.1M | $-156.4M | ||
| Q2 24 | $208.0M | — | ||
| Q1 24 | $87.7M | — |
自由现金流率JKHYRUN
| Q4 25 | 21.2% | — | ||
| Q3 25 | 17.3% | — | ||
| Q2 25 | 51.2% | — | ||
| Q1 25 | 16.4% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 17.3% | -29.1% | ||
| Q2 24 | 37.2% | — | ||
| Q1 24 | 16.3% | — |
资本支出强度JKHYRUN
| Q4 25 | 3.4% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 2.1% | 0.0% | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | 1.8% | — |
现金转化率JKHYRUN
| Q4 25 | 1.22× | 0.94× | ||
| Q3 25 | 0.84× | -7.33× | ||
| Q2 25 | 2.56× | -1.05× | ||
| Q1 25 | 0.97× | -2.08× | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 0.98× | — | ||
| Q2 24 | 2.29× | -1.50× | ||
| Q1 24 | 1.12× | — |
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
JKHY
| Processing | $273.5M | 44% |
| Private Public Cloud | $202.7M | 33% |
| On Premise Support | $79.0M | 13% |
| Product Deliveryand Service | $64.1M | 10% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
