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勤达睿（KD）与OPEN TEXT CORP（OTEX）财务数据对比。点击上方公司名可切换其他公司
勤达睿的季度营收约是OPEN TEXT CORP的2.9倍（$3.9B vs $1.3B）。OPEN TEXT CORP净利率更高（12.7% vs 1.5%，领先11.2%）。勤达睿同比增速更快（3.1% vs -0.6%）。OPEN TEXT CORP自由现金流更多（$279.4M vs $208.0M）。过去两年勤达睿的营收复合增速更高（0.1% vs -4.3%）
勤达睿是总部位于美国纽约的跨国IT基础设施服务提供商，2021年由IBM的基础设施服务业务分拆独立成立。公司业务涵盖大型信息系统的设计、搭建、运维与开发，同时提供商业咨询服务，是目前全球最大的IT基础设施服务提供商、全球第五大咨询服务提供商。
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
KD vs OTEX — 直观对比
营收规模更大
KD
是对方的2.9倍
$1.3B
营收增速更快
KD
高出3.7%
-0.6%
净利率更高
OTEX
高出11.2%
1.5%
自由现金流更多
OTEX
多$71.4M
$208.0M
两年增速更快
KD
近两年复合增速
-4.3%
损益表 — Q3 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $1.3B |
| 净利润 | $57.0M | $168.1M |
| 毛利率 | 21.8% | 74.0% |
| 营业利润率 | 2.4% | 22.0% |
| 净利率 | 1.5% | 12.7% |
| 营收同比 | 3.1% | -0.6% |
| 净利润同比 | -73.5% | -26.9% |
| 每股收益（稀释后） | $0.25 | $0.66 |
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KDOTEX
| Q4 25 | $3.9B | $1.3B | ||
| Q3 25 | $3.7B | $1.3B | ||
| Q2 25 | $3.7B | $1.3B | ||
| Q1 25 | $3.8B | $1.3B | ||
| Q4 24 | $3.7B | $1.3B | ||
| Q3 24 | $3.8B | $1.3B | ||
| Q2 24 | $3.7B | $1.4B | ||
| Q1 24 | $3.9B | $1.4B |
净利润KDOTEX
| Q4 25 | $57.0M | $168.1M | ||
| Q3 25 | $68.0M | $146.6M | ||
| Q2 25 | $56.0M | $28.8M | ||
| Q1 25 | $69.0M | $92.8M | ||
| Q4 24 | $215.0M | $229.9M | ||
| Q3 24 | $-43.0M | $84.4M | ||
| Q2 24 | $11.0M | $248.2M | ||
| Q1 24 | $-45.0M | $98.3M |
毛利率KDOTEX
| Q4 25 | 21.8% | 74.0% | ||
| Q3 25 | 21.5% | 72.8% | ||
| Q2 25 | 21.3% | 72.3% | ||
| Q1 25 | 21.7% | 71.6% | ||
| Q4 24 | 20.4% | 73.3% | ||
| Q3 24 | 19.9% | 71.7% | ||
| Q2 24 | 21.5% | 72.5% | ||
| Q1 24 | 18.6% | 73.0% |
营业利润率KDOTEX
| Q4 25 | 2.4% | 22.0% | ||
| Q3 25 | 2.6% | 21.0% | ||
| Q2 25 | 2.5% | 13.9% | ||
| Q1 25 | 3.1% | 16.7% | ||
| Q4 24 | 6.9% | 22.2% | ||
| Q3 24 | -0.1% | 16.3% | ||
| Q2 24 | 1.7% | 14.2% | ||
| Q1 24 | -0.1% | 15.7% |
净利率KDOTEX
| Q4 25 | 1.5% | 12.7% | ||
| Q3 25 | 1.8% | 11.4% | ||
| Q2 25 | 1.5% | 2.2% | ||
| Q1 25 | 1.8% | 7.4% | ||
| Q4 24 | 5.7% | 17.2% | ||
| Q3 24 | -1.1% | 6.6% | ||
| Q2 24 | 0.3% | 18.2% | ||
| Q1 24 | -1.2% | 6.8% |
每股收益（稀释后）KDOTEX
| Q4 25 | $0.25 | $0.66 | ||
| Q3 25 | $0.29 | $0.58 | ||
| Q2 25 | $0.23 | $0.11 | ||
| Q1 25 | $0.30 | $0.35 | ||
| Q4 24 | $0.89 | $0.87 | ||
| Q3 24 | $-0.19 | $0.32 | ||
| Q2 24 | $0.05 | $0.91 | ||
| Q1 24 | $-0.19 | $0.36 |
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 | $1.3B | $1.3B |
| 总债务越低越好 | $2.3B | $6.4B |
| 股东权益账面价值 | $1.2B | $4.0B |
| 总资产 | $11.3B | $13.6B |
| 负债/权益比越低杠杆越低 | 1.92× | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资KDOTEX
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.3B | $1.3B | ||
| Q1 24 | $1.6B | $1.1B |
总债务KDOTEX
| Q4 25 | $2.3B | $6.4B | ||
| Q3 25 | $3.0B | $6.4B | ||
| Q2 25 | $3.0B | $6.4B | ||
| Q1 25 | $3.0B | $6.4B | ||
| Q4 24 | $3.1B | $6.4B | ||
| Q3 24 | $3.1B | $6.4B | ||
| Q2 24 | $3.1B | $6.4B | ||
| Q1 24 | $3.1B | $8.4B |
股东权益KDOTEX
| Q4 25 | $1.2B | $4.0B | ||
| Q3 25 | $1.2B | $4.0B | ||
| Q2 25 | $1.2B | $3.9B | ||
| Q1 25 | $1.2B | $4.1B | ||
| Q4 24 | $1.1B | $4.2B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $996.0M | $4.2B | ||
| Q1 24 | $1.0B | $4.1B |
总资产KDOTEX
| Q4 25 | $11.3B | $13.6B | ||
| Q3 25 | $11.2B | $13.5B | ||
| Q2 25 | $11.5B | $13.8B | ||
| Q1 25 | $10.5B | $13.8B | ||
| Q4 24 | $9.9B | $13.7B | ||
| Q3 24 | $10.4B | $13.8B | ||
| Q2 24 | $10.2B | $14.2B | ||
| Q1 24 | $10.6B | $16.4B |
负债/权益比KDOTEX
| Q4 25 | 1.92× | 1.58× | ||
| Q3 25 | 2.45× | 1.61× | ||
| Q2 25 | 2.44× | 1.62× | ||
| Q1 25 | 2.50× | 1.55× | ||
| Q4 24 | 2.81× | 1.51× | ||
| Q3 24 | 2.92× | 1.55× | ||
| Q2 24 | 3.12× | 1.52× | ||
| Q1 24 | 3.07× | 2.02× |
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 | $428.0M | $318.7M |
| 自由现金流经营现金流 - 资本支出 | $208.0M | $279.4M |
| 自由现金流率自由现金流/营收 | 5.4% | 21.1% |
| 资本支出强度资本支出/营收 | 5.7% | 3.0% |
| 现金转化率经营现金流/净利润 | 7.51× | 1.90× |
| 过去12个月自由现金流最近4个季度 | $299.0M | $878.5M |
8季度趋势，按日历期对齐
经营现金流KDOTEX
| Q4 25 | $428.0M | $318.7M | ||
| Q3 25 | $146.0M | $147.8M | ||
| Q2 25 | $-124.0M | $158.2M | ||
| Q1 25 | $581.0M | $402.2M | ||
| Q4 24 | $260.0M | $348.0M | ||
| Q3 24 | $149.0M | $-77.8M | ||
| Q2 24 | $-48.0M | $185.2M | ||
| Q1 24 | $145.0M | $384.7M |
自由现金流KDOTEX
| Q4 25 | $208.0M | $279.4M | ||
| Q3 25 | $17.0M | $101.2M | ||
| Q2 25 | $-267.0M | $124.0M | ||
| Q1 25 | $341.0M | $373.8M | ||
| Q4 24 | $151.0M | $306.7M | ||
| Q3 24 | $15.0M | $-117.1M | ||
| Q2 24 | $-170.0M | $145.2M | ||
| Q1 24 | $-57.0M | $348.2M |
自由现金流率KDOTEX
| Q4 25 | 5.4% | 21.1% | ||
| Q3 25 | 0.5% | 7.9% | ||
| Q2 25 | -7.1% | 9.5% | ||
| Q1 25 | 9.0% | 29.8% | ||
| Q4 24 | 4.0% | 23.0% | ||
| Q3 24 | 0.4% | -9.2% | ||
| Q2 24 | -4.5% | 10.7% | ||
| Q1 24 | -1.5% | 24.1% |
资本支出强度KDOTEX
| Q4 25 | 5.7% | 3.0% | ||
| Q3 25 | 3.5% | 3.6% | ||
| Q2 25 | 3.8% | 2.6% | ||
| Q1 25 | 6.3% | 2.3% | ||
| Q4 24 | 2.9% | 3.1% | ||
| Q3 24 | 3.6% | 3.1% | ||
| Q2 24 | 3.3% | 2.9% | ||
| Q1 24 | 5.2% | 2.5% |
现金转化率KDOTEX
| Q4 25 | 7.51× | 1.90× | ||
| Q3 25 | 2.15× | 1.01× | ||
| Q2 25 | -2.21× | 5.49× | ||
| Q1 25 | 8.42× | 4.33× | ||
| Q4 24 | 1.21× | 1.51× | ||
| Q3 24 | — | -0.92× | ||
| Q2 24 | -4.36× | 0.75× | ||
| Q1 24 | — | 3.91× |
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
KD
| Principal Markets Segment | $1.4B | 37% |
| United States Segment | $958.0M | 25% |
| Strategic Markets Segment | $905.0M | 23% |
| Other | $568.0M | 15% |
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
