vs
nCino, Inc.（NCNO）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是nCino, Inc.的3.8倍（$575.2M vs $152.2M），Tyler Technologies净利率更高（11.4% vs 4.3%，领先7.1%），nCino, Inc.同比增速更快（9.6% vs 6.3%），Tyler Technologies自由现金流更多（$239.6M vs $4.9M），过去两年nCino, Inc.的营收复合增速更高（10.9% vs 6.0%）
nCino, Inc.是一家总部位于美国北卡罗来纳州威尔明顿的全球金融科技企业，专注于提供云原生银行软件与核心银行平台，服务覆盖银行、信用合作社及各类大型金融机构，助力金融机构实现数字化运营升级。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
NCNO vs TYL — 直观对比
营收规模更大
TYL
是对方的3.8倍
$152.2M
营收增速更快
NCNO
高出3.3%
6.3%
净利率更高
TYL
高出7.1%
4.3%
自由现金流更多
TYL
多$234.7M
$4.9M
两年增速更快
NCNO
近两年复合增速
6.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $152.2M | $575.2M |
| 净利润 | $6.5M | $65.5M |
| 毛利率 | 61.6% | 45.5% |
| 营业利润率 | 7.7% | 13.0% |
| 净利率 | 4.3% | 11.4% |
| 营收同比 | 9.6% | 6.3% |
| 净利润同比 | 224.5% | 0.5% |
| 每股收益（稀释后） | $0.06 | $1.50 |
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NCNOTYL
| Q4 25 | $152.2M | $575.2M | ||
| Q3 25 | $148.8M | $595.9M | ||
| Q2 25 | $144.1M | $596.1M | ||
| Q1 25 | $141.4M | $565.2M | ||
| Q4 24 | $138.8M | $541.1M | ||
| Q3 24 | $132.4M | $543.3M | ||
| Q2 24 | $128.1M | $541.0M | ||
| Q1 24 | $123.7M | $512.4M |
净利润NCNOTYL
| Q4 25 | $6.5M | $65.5M | ||
| Q3 25 | $-15.3M | $84.4M | ||
| Q2 25 | $5.6M | $84.6M | ||
| Q1 25 | $-18.6M | $81.1M | ||
| Q4 24 | $-5.3M | $65.2M | ||
| Q3 24 | $-11.0M | $75.9M | ||
| Q2 24 | $-3.0M | $67.7M | ||
| Q1 24 | $1.2M | $54.2M |
毛利率NCNOTYL
| Q4 25 | 61.6% | 45.5% | ||
| Q3 25 | 59.2% | 47.2% | ||
| Q2 25 | 60.0% | 45.8% | ||
| Q1 25 | 59.7% | 47.3% | ||
| Q4 24 | 61.3% | 43.8% | ||
| Q3 24 | 59.3% | 43.7% | ||
| Q2 24 | 60.0% | 44.0% | ||
| Q1 24 | 60.2% | 43.7% |
营业利润率NCNOTYL
| Q4 25 | 7.7% | 13.0% | ||
| Q3 25 | -6.2% | 16.4% | ||
| Q2 25 | -1.0% | 16.0% | ||
| Q1 25 | -4.1% | 15.8% | ||
| Q4 24 | -0.6% | 13.2% | ||
| Q3 24 | -6.0% | 15.2% | ||
| Q2 24 | -2.9% | 14.4% | ||
| Q1 24 | -2.6% | 13.1% |
净利率NCNOTYL
| Q4 25 | 4.3% | 11.4% | ||
| Q3 25 | -10.3% | 14.2% | ||
| Q2 25 | 3.9% | 14.2% | ||
| Q1 25 | -13.2% | 14.3% | ||
| Q4 24 | -3.8% | 12.1% | ||
| Q3 24 | -8.3% | 14.0% | ||
| Q2 24 | -2.3% | 12.5% | ||
| Q1 24 | 0.9% | 10.6% |
每股收益（稀释后）NCNOTYL
| Q4 25 | $0.06 | $1.50 | ||
| Q3 25 | $-0.13 | $1.93 | ||
| Q2 25 | $0.05 | $1.93 | ||
| Q1 25 | $-0.15 | $1.84 | ||
| Q4 24 | $-0.05 | $1.48 | ||
| Q3 24 | $-0.10 | $1.74 | ||
| Q2 24 | $-0.03 | $1.57 | ||
| Q1 24 | $0.01 | $1.26 |
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 | $87.6M | $1.1B |
| 总债务越低越好 | — | $599.7M |
| 股东权益账面价值 | $1.0B | $3.7B |
| 总资产 | $1.6B | $5.6B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资NCNOTYL
| Q4 25 | $87.6M | $1.1B | ||
| Q3 25 | $122.9M | $950.8M | ||
| Q2 25 | $133.2M | $892.3M | ||
| Q1 25 | $120.9M | $807.4M | ||
| Q4 24 | $257.9M | $768.0M | ||
| Q3 24 | $121.4M | $544.3M | ||
| Q2 24 | $129.5M | $258.0M | ||
| Q1 24 | $112.1M | $196.9M |
总债务NCNOTYL
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M | ||
| Q1 24 | — | $596.6M |
股东权益NCNOTYL
| Q4 25 | $1.0B | $3.7B | ||
| Q3 25 | $1.1B | $3.6B | ||
| Q2 25 | $1.1B | $3.6B | ||
| Q1 25 | $1.1B | $3.5B | ||
| Q4 24 | $1.1B | $3.4B | ||
| Q3 24 | $1.1B | $3.3B | ||
| Q2 24 | $1.1B | $3.1B | ||
| Q1 24 | $1.0B | $3.0B |
总资产NCNOTYL
| Q4 25 | $1.6B | $5.6B | ||
| Q3 25 | $1.6B | $5.5B | ||
| Q2 25 | $1.7B | $5.4B | ||
| Q1 25 | $1.6B | $5.2B | ||
| Q4 24 | $1.5B | $5.2B | ||
| Q3 24 | $1.4B | $5.0B | ||
| Q2 24 | $1.4B | $4.8B | ||
| Q1 24 | $1.3B | $4.6B |
负债/权益比NCNOTYL
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.20× |
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 | $5.1M | $243.9M |
| 自由现金流经营现金流 - 资本支出 | $4.9M | $239.6M |
| 自由现金流率自由现金流/营收 | 3.2% | 41.7% |
| 资本支出强度资本支出/营收 | 0.1% | 0.8% |
| 现金转化率经营现金流/净利润 | 0.78× | 3.72× |
| 过去12个月自由现金流最近4个季度 | $59.7M | $637.5M |
8季度趋势，按日历期对齐
经营现金流NCNOTYL
| Q4 25 | $5.1M | $243.9M | ||
| Q3 25 | $17.7M | $255.2M | ||
| Q2 25 | $54.3M | $98.3M | ||
| Q1 25 | $-10.0M | $56.2M | ||
| Q4 24 | $5.8M | $224.8M | ||
| Q3 24 | $5.0M | $263.7M | ||
| Q2 24 | $54.4M | $64.3M | ||
| Q1 24 | $8.1M | $71.8M |
自由现金流NCNOTYL
| Q4 25 | $4.9M | $239.6M | ||
| Q3 25 | $12.6M | $251.3M | ||
| Q2 25 | $52.6M | $92.8M | ||
| Q1 25 | $-10.4M | $53.8M | ||
| Q4 24 | $5.1M | $221.0M | ||
| Q3 24 | $4.6M | $260.8M | ||
| Q2 24 | $54.1M | $57.7M | ||
| Q1 24 | $7.7M | $64.6M |
自由现金流率NCNOTYL
| Q4 25 | 3.2% | 41.7% | ||
| Q3 25 | 8.5% | 42.2% | ||
| Q2 25 | 36.5% | 15.6% | ||
| Q1 25 | -7.3% | 9.5% | ||
| Q4 24 | 3.7% | 40.8% | ||
| Q3 24 | 3.4% | 48.0% | ||
| Q2 24 | 42.2% | 10.7% | ||
| Q1 24 | 6.2% | 12.6% |
资本支出强度NCNOTYL
| Q4 25 | 0.1% | 0.8% | ||
| Q3 25 | 3.5% | 0.7% | ||
| Q2 25 | 1.2% | 0.9% | ||
| Q1 25 | 0.2% | 0.4% | ||
| Q4 24 | 0.5% | 0.7% | ||
| Q3 24 | 0.3% | 0.5% | ||
| Q2 24 | 0.3% | 1.2% | ||
| Q1 24 | 0.3% | 1.4% |
现金转化率NCNOTYL
| Q4 25 | 0.78× | 3.72× | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | 9.77× | 1.16× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 3.45× | ||
| Q3 24 | — | 3.47× | ||
| Q2 24 | — | 0.95× | ||
| Q1 24 | 7.02× | 1.33× |
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
NCNO
| License And Service | $133.4M | 88% |
| Professional Services | $18.8M | 12% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |
