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LANDS' END, INC.（LE）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
LANDS' END, INC.的季度营收约是PROGRESS SOFTWARE CORP的1.3倍（$317.5M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs 1.6%，领先8.6%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 0.1%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $-22.4M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -0.9%）
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
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。
LE vs PRGS — 直观对比
营收规模更大
LE
是对方的1.3倍
$252.7M
营收增速更快
PRGS
高出17.4%
0.1%
净利率更高
PRGS
高出8.6%
1.6%
自由现金流更多
PRGS
多$82.4M
$-22.4M
两年增速更快
PRGS
近两年复合增速
-0.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.5M | $252.7M |
| 净利润 | $5.2M | $25.7M |
| 毛利率 | 51.8% | 81.6% |
| 营业利润率 | 5.3% | 15.2% |
| 净利率 | 1.6% | 10.2% |
| 营收同比 | 0.1% | 17.5% |
| 净利润同比 | 198.3% | 2144.6% |
| 每股收益（稀释后） | $0.17 | $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LEPRGS
| Q4 25 | $317.5M | $252.7M | ||
| Q3 25 | — | $249.8M | ||
| Q2 25 | $261.2M | $237.4M | ||
| Q1 25 | — | $238.0M | ||
| Q4 24 | $318.6M | $215.0M | ||
| Q3 24 | $317.2M | $178.7M | ||
| Q2 24 | $285.5M | $175.1M | ||
| Q1 24 | $514.9M | $184.7M |
净利润LEPRGS
| Q4 25 | $5.2M | $25.7M | ||
| Q3 25 | — | $19.4M | ||
| Q2 25 | $-8.3M | $17.0M | ||
| Q1 25 | — | $10.9M | ||
| Q4 24 | $-593.0K | $1.1M | ||
| Q3 24 | $-5.3M | $28.5M | ||
| Q2 24 | $-6.4M | $16.2M | ||
| Q1 24 | $-8.6M | $22.6M |
毛利率LEPRGS
| Q4 25 | 51.8% | 81.6% | ||
| Q3 25 | — | 81.0% | ||
| Q2 25 | 50.8% | 80.1% | ||
| Q1 25 | — | 80.6% | ||
| Q4 24 | 50.6% | 83.0% | ||
| Q3 24 | 47.9% | 83.7% | ||
| Q2 24 | 48.7% | 81.7% | ||
| Q1 24 | 38.0% | 82.2% |
营业利润率LEPRGS
| Q4 25 | 5.3% | 15.2% | ||
| Q3 25 | — | 17.6% | ||
| Q2 25 | -0.9% | 16.3% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | 2.9% | 10.0% | ||
| Q3 24 | 0.8% | 22.6% | ||
| Q2 24 | 0.8% | 15.5% | ||
| Q1 24 | 1.6% | 19.0% |
净利率LEPRGS
| Q4 25 | 1.6% | 10.2% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | -3.2% | 7.2% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | -0.2% | 0.5% | ||
| Q3 24 | -1.7% | 15.9% | ||
| Q2 24 | -2.3% | 9.2% | ||
| Q1 24 | -1.7% | 12.3% |
每股收益（稀释后）LEPRGS
| Q4 25 | $0.17 | $0.59 | ||
| Q3 25 | — | $0.44 | ||
| Q2 25 | $-0.27 | $0.39 | ||
| Q1 25 | — | $0.24 | ||
| Q4 24 | $-0.02 | $0.01 | ||
| Q3 24 | $-0.17 | $0.65 | ||
| Q2 24 | $-0.20 | $0.37 | ||
| Q1 24 | $-0.27 | $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 | $36.3M | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $231.0M | $478.3M |
| 总资产 | $852.7M | $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LEPRGS
| Q4 25 | $36.3M | $94.8M | ||
| Q3 25 | — | $99.0M | ||
| Q2 25 | $18.1M | $102.0M | ||
| Q1 25 | — | $124.2M | ||
| Q4 24 | $30.4M | $118.1M | ||
| Q3 24 | $25.6M | $232.7M | ||
| Q2 24 | $27.4M | $190.4M | ||
| Q1 24 | $25.3M | $133.2M |
总债务LEPRGS
| 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LEPRGS
| Q4 25 | $231.0M | $478.3M | ||
| Q3 25 | — | $477.7M | ||
| Q2 25 | $230.1M | $452.7M | ||
| Q1 25 | — | $431.8M | ||
| Q4 24 | $223.6M | $438.8M | ||
| Q3 24 | $226.5M | $425.6M | ||
| Q2 24 | $234.6M | $401.7M | ||
| Q1 24 | $241.6M | $461.7M |
总资产LEPRGS
| Q4 25 | $852.7M | $2.5B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $760.5M | $2.4B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | $843.6M | $2.5B | ||
| Q3 24 | $802.5M | $1.6B | ||
| Q2 24 | $800.1M | $1.6B | ||
| Q1 24 | $811.5M | $1.5B |
负债/权益比LEPRGS
| 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 | $-15.7M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $-22.4M | $59.9M |
| 自由现金流率自由现金流/营收 | -7.1% | 23.7% |
| 资本支出强度资本支出/营收 | 2.1% | 1.1% |
| 现金转化率经营现金流/净利润 | -3.03× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $-55.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流LEPRGS
| Q4 25 | $-15.7M | $62.8M | ||
| Q3 25 | — | $73.4M | ||
| Q2 25 | $-22.5M | $30.0M | ||
| Q1 25 | — | $68.9M | ||
| Q4 24 | $-17.1M | $19.7M | ||
| Q3 24 | $30.7M | $57.7M | ||
| Q2 24 | $-25.8M | $63.7M | ||
| Q1 24 | $93.9M | $70.5M |
自由现金流LEPRGS
| Q4 25 | $-22.4M | $59.9M | ||
| Q3 25 | — | $72.4M | ||
| Q2 25 | $-30.7M | $29.5M | ||
| Q1 25 | — | $67.7M | ||
| Q4 24 | $-27.8M | $16.8M | ||
| Q3 24 | $26.0M | $56.6M | ||
| Q2 24 | $-32.6M | $62.7M | ||
| Q1 24 | $87.5M | $70.2M |
自由现金流率LEPRGS
| Q4 25 | -7.1% | 23.7% | ||
| Q3 25 | — | 29.0% | ||
| Q2 25 | -11.8% | 12.4% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | -8.7% | 7.8% | ||
| Q3 24 | 8.2% | 31.7% | ||
| Q2 24 | -11.4% | 35.8% | ||
| Q1 24 | 17.0% | 38.0% |
资本支出强度LEPRGS
| Q4 25 | 2.1% | 1.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | 3.2% | 0.2% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | 3.3% | 1.3% | ||
| Q3 24 | 1.5% | 0.6% | ||
| Q2 24 | 2.4% | 0.5% | ||
| Q1 24 | 1.2% | 0.2% |
现金转化率LEPRGS
| Q4 25 | -3.03× | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 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
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
