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迈心诺（MASI）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
迈心诺的季度营收约是PROGRESS SOFTWARE CORP的1.5倍（$371.5M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -27.0%，领先37.2%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs -26.4%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $50.9M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -17.7%）
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
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。
MASI vs PRGS — 直观对比
营收规模更大
MASI
是对方的1.5倍
$252.7M
营收增速更快
PRGS
高出43.9%
-26.4%
净利率更高
PRGS
高出37.2%
-27.0%
自由现金流更多
PRGS
多$9.0M
$50.9M
两年增速更快
PRGS
近两年复合增速
-17.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $252.7M |
| 净利润 | $-100.4M | $25.7M |
| 毛利率 | 62.1% | 81.6% |
| 营业利润率 | 22.5% | 15.2% |
| 净利率 | -27.0% | 10.2% |
| 营收同比 | -26.4% | 17.5% |
| 净利润同比 | -1124.5% | 2144.6% |
| 每股收益（稀释后） | $-1.84 | $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MASIPRGS
| Q4 25 | — | $252.7M | ||
| Q3 25 | $371.5M | $249.8M | ||
| Q2 25 | $370.9M | $237.4M | ||
| Q1 25 | $372.0M | $238.0M | ||
| Q4 24 | $600.7M | $215.0M | ||
| Q3 24 | $504.6M | $178.7M | ||
| Q2 24 | $496.3M | $175.1M | ||
| Q1 24 | $492.8M | $184.7M |
净利润MASIPRGS
| Q4 25 | — | $25.7M | ||
| Q3 25 | $-100.4M | $19.4M | ||
| Q2 25 | $51.3M | $17.0M | ||
| Q1 25 | $-170.7M | $10.9M | ||
| Q4 24 | $-349.6M | $1.1M | ||
| Q3 24 | $9.8M | $28.5M | ||
| Q2 24 | $16.0M | $16.2M | ||
| Q1 24 | $18.9M | $22.6M |
毛利率MASIPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | 62.1% | 81.0% | ||
| Q2 25 | 62.9% | 80.1% | ||
| Q1 25 | 62.9% | 80.6% | ||
| Q4 24 | 40.7% | 83.0% | ||
| Q3 24 | 52.2% | 83.7% | ||
| Q2 24 | 51.3% | 81.7% | ||
| Q1 24 | 49.0% | 82.2% |
营业利润率MASIPRGS
| Q4 25 | — | 15.2% | ||
| Q3 25 | 22.5% | 17.6% | ||
| Q2 25 | 17.4% | 16.3% | ||
| Q1 25 | 21.0% | 13.6% | ||
| Q4 24 | -59.8% | 10.0% | ||
| Q3 24 | 6.0% | 22.6% | ||
| Q2 24 | 5.7% | 15.5% | ||
| Q1 24 | 6.9% | 19.0% |
净利率MASIPRGS
| Q4 25 | — | 10.2% | ||
| Q3 25 | -27.0% | 7.8% | ||
| Q2 25 | 13.8% | 7.2% | ||
| Q1 25 | -45.9% | 4.6% | ||
| Q4 24 | -58.2% | 0.5% | ||
| Q3 24 | 1.9% | 15.9% | ||
| Q2 24 | 3.2% | 9.2% | ||
| Q1 24 | 3.8% | 12.3% |
每股收益（稀释后）MASIPRGS
| Q4 25 | — | $0.59 | ||
| Q3 25 | $-1.84 | $0.44 | ||
| Q2 25 | $0.94 | $0.39 | ||
| Q1 25 | $-3.12 | $0.24 | ||
| Q4 24 | $-6.54 | $0.01 | ||
| Q3 24 | $0.18 | $0.65 | ||
| Q2 24 | $0.29 | $0.37 | ||
| Q1 24 | $0.35 | $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 | $312.3M | $94.8M |
| 总债务越低越好 | $559.1M | $1.4B |
| 股东权益账面价值 | $810.0M | $478.3M |
| 总资产 | $1.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.69× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资MASIPRGS
| Q4 25 | — | $94.8M | ||
| Q3 25 | $312.3M | $99.0M | ||
| Q2 25 | $149.6M | $102.0M | ||
| Q1 25 | $130.8M | $124.2M | ||
| Q4 24 | $177.6M | $118.1M | ||
| Q3 24 | $158.5M | $232.7M | ||
| Q2 24 | $129.6M | $190.4M | ||
| Q1 24 | $157.6M | $133.2M |
总债务MASIPRGS
| Q4 25 | — | $1.4B | ||
| Q3 25 | $559.1M | $1.4B | ||
| Q2 25 | $613.7M | $1.5B | ||
| Q1 25 | $651.0M | $1.5B | ||
| Q4 24 | $765.2M | $1.5B | ||
| Q3 24 | $772.6M | — | ||
| Q2 24 | $781.6M | — | ||
| Q1 24 | $876.0M | — |
股东权益MASIPRGS
| Q4 25 | — | $478.3M | ||
| Q3 25 | $810.0M | $477.7M | ||
| Q2 25 | $1.0B | $452.7M | ||
| Q1 25 | $946.4M | $431.8M | ||
| Q4 24 | $1.1B | $438.8M | ||
| Q3 24 | $1.5B | $425.6M | ||
| Q2 24 | $1.4B | $401.7M | ||
| Q1 24 | $1.4B | $461.7M |
总资产MASIPRGS
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.8B | $2.4B | ||
| Q2 25 | $2.4B | $2.4B | ||
| Q1 25 | $2.3B | $2.5B | ||
| Q4 24 | $2.6B | $2.5B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $2.9B | $1.6B | ||
| Q1 24 | $3.0B | $1.5B |
负债/权益比MASIPRGS
| Q4 25 | — | 2.93× | ||
| Q3 25 | 0.69× | 2.97× | ||
| Q2 25 | 0.59× | 3.22× | ||
| Q1 25 | 0.69× | 3.50× | ||
| Q4 24 | 0.73× | 3.48× | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.64× | — |
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 | $56.8M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | $59.9M |
| 自由现金流率自由现金流/营收 | 13.7% | 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 | — | 2.44× |
| 过去12个月自由现金流最近4个季度 | $191.0M | $229.5M |
8季度趋势，按日历期对齐
经营现金流MASIPRGS
| Q4 25 | — | $62.8M | ||
| Q3 25 | $56.8M | $73.4M | ||
| Q2 25 | $69.4M | $30.0M | ||
| Q1 25 | $31.1M | $68.9M | ||
| Q4 24 | $50.5M | $19.7M | ||
| Q3 24 | $25.6M | $57.7M | ||
| Q2 24 | $74.5M | $63.7M | ||
| Q1 24 | $45.8M | $70.5M |
自由现金流MASIPRGS
| Q4 25 | — | $59.9M | ||
| Q3 25 | $50.9M | $72.4M | ||
| Q2 25 | $65.6M | $29.5M | ||
| Q1 25 | $28.5M | $67.7M | ||
| Q4 24 | $46.0M | $16.8M | ||
| Q3 24 | $16.9M | $56.6M | ||
| Q2 24 | $66.9M | $62.7M | ||
| Q1 24 | $37.6M | $70.2M |
自由现金流率MASIPRGS
| Q4 25 | — | 23.7% | ||
| Q3 25 | 13.7% | 29.0% | ||
| Q2 25 | 17.7% | 12.4% | ||
| Q1 25 | 7.7% | 28.4% | ||
| Q4 24 | 7.7% | 7.8% | ||
| Q3 24 | 3.3% | 31.7% | ||
| Q2 24 | 13.5% | 35.8% | ||
| Q1 24 | 7.6% | 38.0% |
资本支出强度MASIPRGS
| Q4 25 | — | 1.1% | ||
| Q3 25 | 1.6% | 0.4% | ||
| Q2 25 | 1.0% | 0.2% | ||
| Q1 25 | 0.7% | 0.5% | ||
| Q4 24 | 0.7% | 1.3% | ||
| Q3 24 | 1.7% | 0.6% | ||
| Q2 24 | 1.5% | 0.5% | ||
| Q1 24 | 1.7% | 0.2% |
现金转化率MASIPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | 1.35× | 1.76× | ||
| Q1 25 | — | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | 2.61× | 2.03× | ||
| Q2 24 | 4.66× | 3.93× | ||
| Q1 24 | 2.42× | 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
MASI
暂无分部数据
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
