vs
Mayville Engineering Company, Inc.（MEC）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
PROGRESS SOFTWARE CORP的季度营收约是Mayville Engineering Company, Inc.的1.9倍（$252.7M vs $134.3M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs -3.2%，领先13.4%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs 10.7%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $10.2M），过去两年PROGRESS SOFTWARE CORP的营收复合增速更高（17.0% vs -8.8%）
Mayville Engineering Company（MEC）是总部位于美国的领先金属零部件、装配组件及定制工程解决方案供应商，主要服务农业、建筑、商用运输、国防、动力运动等领域的原始设备制造商客户，提供从原型开发到大规模量产的全流程服务。
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。
MEC vs PRGS — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $134.3M | $252.7M |
| 净利润 | $-4.4M | $25.7M |
| 毛利率 | 6.8% | 81.6% |
| 营业利润率 | -4.1% | 15.2% |
| 净利率 | -3.2% | 10.2% |
| 营收同比 | 10.7% | 17.5% |
| 净利润同比 | -127.3% | 2144.6% |
| 每股收益（稀释后） | $-0.22 | $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
| Q4 25 | $134.3M | $252.7M | ||
| Q3 25 | $144.3M | $249.8M | ||
| Q2 25 | $132.3M | $237.4M | ||
| Q1 25 | $135.6M | $238.0M | ||
| Q4 24 | $121.3M | $215.0M | ||
| Q3 24 | $135.4M | $178.7M | ||
| Q2 24 | $163.6M | $175.1M | ||
| Q1 24 | $161.3M | $184.7M |
| Q4 25 | $-4.4M | $25.7M | ||
| Q3 25 | $-2.7M | $19.4M | ||
| Q2 25 | $-1.1M | $17.0M | ||
| Q1 25 | $20.0K | $10.9M | ||
| Q4 24 | $16.0M | $1.1M | ||
| Q3 24 | $3.0M | $28.5M | ||
| Q2 24 | $3.8M | $16.2M | ||
| Q1 24 | $3.2M | $22.6M |
| Q4 25 | 6.8% | 81.6% | ||
| Q3 25 | 11.0% | 81.0% | ||
| Q2 25 | 10.3% | 80.1% | ||
| Q1 25 | 11.3% | 80.6% | ||
| Q4 24 | 8.9% | 83.0% | ||
| Q3 24 | 12.6% | 83.7% | ||
| Q2 24 | 13.6% | 81.7% | ||
| Q1 24 | 13.0% | 82.2% |
| Q4 25 | -4.1% | 15.2% | ||
| Q3 25 | 0.0% | 17.6% | ||
| Q2 25 | 0.1% | 16.3% | ||
| Q1 25 | 1.2% | 13.6% | ||
| Q4 24 | 19.0% | 10.0% | ||
| Q3 24 | 4.2% | 22.6% | ||
| Q2 24 | 5.0% | 15.5% | ||
| Q1 24 | 4.7% | 19.0% |
| Q4 25 | -3.2% | 10.2% | ||
| Q3 25 | -1.9% | 7.8% | ||
| Q2 25 | -0.8% | 7.2% | ||
| Q1 25 | 0.0% | 4.6% | ||
| Q4 24 | 13.2% | 0.5% | ||
| Q3 24 | 2.2% | 15.9% | ||
| Q2 24 | 2.3% | 9.2% | ||
| Q1 24 | 2.0% | 12.3% |
| Q4 25 | $-0.22 | $0.59 | ||
| Q3 25 | $-0.13 | $0.44 | ||
| Q2 25 | $-0.05 | $0.39 | ||
| Q1 25 | $0.00 | $0.24 | ||
| Q4 24 | $0.76 | $0.01 | ||
| Q3 24 | $0.14 | $0.65 | ||
| Q2 24 | $0.18 | $0.37 | ||
| Q1 24 | $0.16 | $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 | $1.5M | $94.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | $240.7M | $478.3M |
| 总资产 | $563.6M | $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
| Q4 25 | $1.5M | $94.8M | ||
| Q3 25 | $1.2M | $99.0M | ||
| Q2 25 | $206.0K | $102.0M | ||
| Q1 25 | $183.0K | $124.2M | ||
| Q4 24 | $206.0K | $118.1M | ||
| Q3 24 | $178.0K | $232.7M | ||
| Q2 24 | $314.0K | $190.4M | ||
| Q1 24 | $314.0K | $133.2M |
| 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 | — | — |
| Q4 25 | $240.7M | $478.3M | ||
| Q3 25 | $244.8M | $477.7M | ||
| Q2 25 | $246.8M | $452.7M | ||
| Q1 25 | $250.0M | $431.8M | ||
| Q4 24 | $251.8M | $438.8M | ||
| Q3 24 | $238.4M | $425.6M | ||
| Q2 24 | $238.1M | $401.7M | ||
| Q1 24 | $234.0M | $461.7M |
| Q4 25 | $563.6M | $2.5B | ||
| Q3 25 | $585.6M | $2.4B | ||
| Q2 25 | $433.7M | $2.4B | ||
| Q1 25 | $447.7M | $2.5B | ||
| Q4 24 | $445.6M | $2.5B | ||
| Q3 24 | $466.0M | $1.6B | ||
| Q2 24 | $488.2M | $1.6B | ||
| Q1 24 | $499.9M | $1.5B |
| 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 | $13.4M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $10.2M | $59.9M |
| 自由现金流率自由现金流/营收 | 7.6% | 23.7% |
| 资本支出强度资本支出/营收 | 2.4% | 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 | $26.9M | $229.5M |
8季度趋势，按日历期对齐
| Q4 25 | $13.4M | $62.8M | ||
| Q3 25 | $1.9M | $73.4M | ||
| Q2 25 | $15.0M | $30.0M | ||
| Q1 25 | $8.3M | $68.9M | ||
| Q4 24 | $38.0M | $19.7M | ||
| Q3 24 | $17.9M | $57.7M | ||
| Q2 24 | $23.3M | $63.7M | ||
| Q1 24 | $10.6M | $70.5M |
| Q4 25 | $10.2M | $59.9M | ||
| Q3 25 | $-1.1M | $72.4M | ||
| Q2 25 | $12.5M | $29.5M | ||
| Q1 25 | $5.4M | $67.7M | ||
| Q4 24 | $35.6M | $16.8M | ||
| Q3 24 | $15.1M | $56.6M | ||
| Q2 24 | $19.2M | $62.7M | ||
| Q1 24 | $7.8M | $70.2M |
| Q4 25 | 7.6% | 23.7% | ||
| Q3 25 | -0.8% | 29.0% | ||
| Q2 25 | 9.5% | 12.4% | ||
| Q1 25 | 4.0% | 28.4% | ||
| Q4 24 | 29.4% | 7.8% | ||
| Q3 24 | 11.1% | 31.7% | ||
| Q2 24 | 11.7% | 35.8% | ||
| Q1 24 | 4.9% | 38.0% |
| Q4 25 | 2.4% | 1.1% | ||
| Q3 25 | 2.1% | 0.4% | ||
| Q2 25 | 1.8% | 0.2% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | 1.9% | 1.3% | ||
| Q3 24 | 2.1% | 0.6% | ||
| Q2 24 | 2.5% | 0.5% | ||
| Q1 24 | 1.7% | 0.2% |
| Q4 25 | — | 2.44× | ||
| Q3 25 | — | 3.78× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | 416.65× | 6.30× | ||
| Q4 24 | 2.38× | 17.13× | ||
| Q3 24 | 6.03× | 2.03× | ||
| Q2 24 | 6.15× | 3.93× | ||
| Q1 24 | 3.28× | 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
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
