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Lightspeed Commerce Inc.（LSPD）与MAXIMUS, INC.（MMS）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是Lightspeed Commerce Inc.的1.6倍（$1.3B vs $823.4M），MAXIMUS, INC.净利率更高（7.0% vs -11.1%，领先18.1%），过去两年Lightspeed Commerce Inc.的营收复合增速更高（89.1% vs -0.1%）
Lightspeed Commerce是总部位于加拿大魁北克省蒙特利尔的销售点系统及电商软件服务商，2005年由达克斯·达席尔瓦创立，服务覆盖零售、餐饮、酒店等行业，在北美、欧洲、大洋洲等多地设有办公网点。
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
LSPD vs MMS — 直观对比
营收规模更大
MMS
是对方的1.6倍
$823.4M
净利率更高
MMS
高出18.1%
-11.1%
两年增速更快
LSPD
近两年复合增速
-0.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $823.4M | $1.3B |
| 净利润 | $-91.3M | $93.9M |
| 毛利率 | 41.1% | 23.7% |
| 营业利润率 | -14.1% | 10.9% |
| 净利率 | -11.1% | 7.0% |
| 营收同比 | — | -4.1% |
| 净利润同比 | — | 128.0% |
| 每股收益（稀释后） | — | $1.70 |
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LSPDMMS
| Q4 25 | $823.4M | $1.3B | ||
| Q3 25 | $543.3M | $1.3B | ||
| Q2 25 | $266.1M | $1.3B | ||
| Q1 25 | $253.4M | $1.4B | ||
| Q4 24 | $679.1M | $1.4B | ||
| Q3 24 | $439.4M | $1.3B | ||
| Q2 24 | $209.1M | $1.3B | ||
| Q1 24 | $230.2M | $1.3B |
净利润LSPDMMS
| Q4 25 | $-91.3M | $93.9M | ||
| Q3 25 | $-64.7M | $75.3M | ||
| Q2 25 | $-35.0M | $106.0M | ||
| Q1 25 | $-575.9M | $96.6M | ||
| Q4 24 | $-131.4M | $41.2M | ||
| Q3 24 | $-91.2M | $72.5M | ||
| Q2 24 | $-48.7M | $89.8M | ||
| Q1 24 | $-32.5M | $80.5M |
毛利率LSPDMMS
| Q4 25 | 41.1% | 23.7% | ||
| Q3 25 | 41.0% | 25.3% | ||
| Q2 25 | 40.7% | 26.7% | ||
| Q1 25 | 44.1% | 24.9% | ||
| Q4 24 | 42.1% | 21.5% | ||
| Q3 24 | 41.9% | 22.9% | ||
| Q2 24 | 42.0% | 25.3% | ||
| Q1 24 | 43.3% | 23.6% |
营业利润率LSPDMMS
| Q4 25 | -14.1% | 10.9% | ||
| Q3 25 | -15.1% | 9.3% | ||
| Q2 25 | -16.6% | 12.3% | ||
| Q1 25 | -228.9% | 11.2% | ||
| Q4 24 | -23.8% | 6.2% | ||
| Q3 24 | -25.1% | 8.5% | ||
| Q2 24 | -27.9% | 10.8% | ||
| Q1 24 | -17.9% | 9.5% |
净利率LSPDMMS
| Q4 25 | -11.1% | 7.0% | ||
| Q3 25 | -11.9% | 5.7% | ||
| Q2 25 | -13.2% | 7.9% | ||
| Q1 25 | -227.3% | 7.1% | ||
| Q4 24 | -19.4% | 2.9% | ||
| Q3 24 | -20.8% | 5.5% | ||
| Q2 24 | -23.3% | 6.8% | ||
| Q1 24 | -14.1% | 6.0% |
每股收益（稀释后）LSPDMMS
| Q4 25 | — | $1.70 | ||
| Q3 25 | — | $1.27 | ||
| Q2 25 | — | $1.86 | ||
| Q1 25 | $0.10 | $1.69 | ||
| Q4 24 | — | $0.69 | ||
| Q3 24 | — | $1.18 | ||
| Q2 24 | $-0.01 | $1.46 | ||
| Q1 24 | $0.06 | $1.31 |
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 | — | $137.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $1.7B |
| 总资产 | — | $4.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LSPDMMS
| Q4 25 | — | $137.6M | ||
| Q3 25 | — | $222.4M | ||
| Q2 25 | — | $59.8M | ||
| Q1 25 | — | $108.1M | ||
| Q4 24 | — | $72.7M | ||
| Q3 24 | — | $183.1M | ||
| Q2 24 | — | $102.8M | ||
| Q1 24 | — | $77.4M |
股东权益LSPDMMS
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.8B |
总资产LSPDMMS
| Q4 25 | — | $4.2B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $4.0B |
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 | — | $-244.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-250.7M |
| 自由现金流率自由现金流/营收 | — | -18.6% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 现金转化率经营现金流/净利润 | — | -2.60× |
| 过去12个月自由现金流最近4个季度 | — | $218.5M |
8季度趋势，按日历期对齐
经营现金流LSPDMMS
| Q4 25 | — | $-244.4M | ||
| Q3 25 | — | $649.4M | ||
| Q2 25 | — | $-182.7M | ||
| Q1 25 | $-9.9M | $42.7M | ||
| Q4 24 | — | $-80.0M | ||
| Q3 24 | — | $163.8M | ||
| Q2 24 | $-26.1M | $199.3M | ||
| Q1 24 | $-28.5M | $130.5M |
自由现金流LSPDMMS
| Q4 25 | — | $-250.7M | ||
| Q3 25 | — | $641.8M | ||
| Q2 25 | — | $-198.2M | ||
| Q1 25 | — | $25.5M | ||
| Q4 24 | — | $-103.0M | ||
| Q3 24 | — | $131.9M | ||
| Q2 24 | — | $164.6M | ||
| Q1 24 | — | $105.2M |
自由现金流率LSPDMMS
| Q4 25 | — | -18.6% | ||
| Q3 25 | — | 48.7% | ||
| Q2 25 | — | -14.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | -7.3% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 7.8% |
资本支出强度LSPDMMS
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 1.9% |
现金转化率LSPDMMS
| Q4 25 | — | -2.60× | ||
| Q3 25 | — | 8.63× | ||
| Q2 25 | — | -1.72× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | -1.94× | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.22× | ||
| Q1 24 | — | 1.62× |
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
LSPD
暂无分部数据
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
