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National Energy Services Reunited Corp.（NESR）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
National Energy Services Reunited Corp.的季度营收约是PROGRESS SOFTWARE CORP的1.2倍（$295.3M vs $252.7M），PROGRESS SOFTWARE CORP净利率更高（10.2% vs 6.0%，领先4.2%），PROGRESS SOFTWARE CORP同比增速更快（17.5% vs -12.2%），PROGRESS SOFTWARE CORP自由现金流更多（$59.9M vs $-34.1M）
National Energy Services Reunited Corp.是一家领先的综合油田服务供应商，为油气上游运营商提供钻井建设、完井、生产运营及干预作业等全系列解决方案，核心市场覆盖中东、北非及东亚地区，服务各国国家石油公司及国际能源客户。
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。
NESR vs PRGS — 直观对比
营收规模更大
NESR
是对方的1.2倍
$252.7M
营收增速更快
PRGS
高出29.7%
-12.2%
净利率更高
PRGS
高出4.2%
6.0%
自由现金流更多
PRGS
多$94.0M
$-34.1M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $295.3M | $252.7M |
| 净利润 | $17.7M | $25.7M |
| 毛利率 | 12.0% | 81.6% |
| 营业利润率 | 6.6% | 15.2% |
| 净利率 | 6.0% | 10.2% |
| 营收同比 | -12.2% | 17.5% |
| 净利润同比 | -14.0% | 2144.6% |
| 每股收益（稀释后） | $0.18 | $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NESRPRGS
| Q4 25 | — | $252.7M | ||
| Q3 25 | $295.3M | $249.8M | ||
| Q2 25 | $327.4M | $237.4M | ||
| Q1 25 | $303.1M | $238.0M | ||
| Q4 24 | — | $215.0M | ||
| Q3 24 | $336.2M | $178.7M | ||
| Q2 24 | $325.0M | $175.1M | ||
| Q1 24 | — | $184.7M |
净利润NESRPRGS
| Q4 25 | — | $25.7M | ||
| Q3 25 | $17.7M | $19.4M | ||
| Q2 25 | $15.2M | $17.0M | ||
| Q1 25 | $10.4M | $10.9M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $20.6M | $28.5M | ||
| Q2 24 | $18.9M | $16.2M | ||
| Q1 24 | — | $22.6M |
毛利率NESRPRGS
| Q4 25 | — | 81.6% | ||
| Q3 25 | 12.0% | 81.0% | ||
| Q2 25 | 13.4% | 80.1% | ||
| Q1 25 | 12.4% | 80.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | 15.9% | 83.7% | ||
| Q2 24 | 16.4% | 81.7% | ||
| Q1 24 | — | 82.2% |
营业利润率NESRPRGS
| Q4 25 | — | 15.2% | ||
| Q3 25 | 6.6% | 17.6% | ||
| Q2 25 | 8.3% | 16.3% | ||
| Q1 25 | 6.9% | 13.6% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 10.5% | 22.6% | ||
| Q2 24 | 10.5% | 15.5% | ||
| Q1 24 | — | 19.0% |
净利率NESRPRGS
| Q4 25 | — | 10.2% | ||
| Q3 25 | 6.0% | 7.8% | ||
| Q2 25 | 4.6% | 7.2% | ||
| Q1 25 | 3.4% | 4.6% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | 6.1% | 15.9% | ||
| Q2 24 | 5.8% | 9.2% | ||
| Q1 24 | — | 12.3% |
每股收益（稀释后）NESRPRGS
| Q4 25 | — | $0.59 | ||
| Q3 25 | $0.18 | $0.44 | ||
| Q2 25 | $0.16 | $0.39 | ||
| Q1 25 | $0.11 | $0.24 | ||
| Q4 24 | — | $0.01 | ||
| Q3 24 | $0.22 | $0.65 | ||
| Q2 24 | $0.20 | $0.37 | ||
| Q1 24 | — | $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 | $69.7M | $94.8M |
| 总债务越低越好 | $274.1M | $1.4B |
| 股东权益账面价值 | $956.7M | $478.3M |
| 总资产 | $1.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.29× | 2.93× |
8季度趋势，按日历期对齐
现金及短期投资NESRPRGS
| Q4 25 | — | $94.8M | ||
| Q3 25 | $69.7M | $99.0M | ||
| Q2 25 | $131.8M | $102.0M | ||
| Q1 25 | $78.7M | $124.2M | ||
| Q4 24 | — | $118.1M | ||
| Q3 24 | $118.2M | $232.7M | ||
| Q2 24 | $75.0M | $190.4M | ||
| Q1 24 | — | $133.2M |
总债务NESRPRGS
| Q4 25 | — | $1.4B | ||
| Q3 25 | $274.1M | $1.4B | ||
| Q2 25 | $291.7M | $1.5B | ||
| Q1 25 | $309.2M | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $358.7M | — | ||
| Q2 24 | $376.7M | — | ||
| Q1 24 | — | — |
股东权益NESRPRGS
| Q4 25 | — | $478.3M | ||
| Q3 25 | $956.7M | $477.7M | ||
| Q2 25 | $936.9M | $452.7M | ||
| Q1 25 | $920.5M | $431.8M | ||
| Q4 24 | — | $438.8M | ||
| Q3 24 | $873.5M | $425.6M | ||
| Q2 24 | $851.4M | $401.7M | ||
| Q1 24 | — | $461.7M |
总资产NESRPRGS
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.8B | $2.4B | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $1.8B | $2.5B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.8B | $1.6B | ||
| Q1 24 | — | $1.5B |
负债/权益比NESRPRGS
| Q4 25 | — | 2.93× | ||
| Q3 25 | 0.29× | 2.97× | ||
| Q2 25 | 0.31× | 3.22× | ||
| Q1 25 | 0.34× | 3.50× | ||
| Q4 24 | — | 3.48× | ||
| Q3 24 | 0.41× | — | ||
| Q2 24 | 0.44× | — | ||
| 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 | $6.7M | $62.8M |
| 自由现金流经营现金流 - 资本支出 | $-34.1M | $59.9M |
| 自由现金流率自由现金流/营收 | -11.5% | 23.7% |
| 资本支出强度资本支出/营收 | 13.8% | 1.1% |
| 现金转化率经营现金流/净利润 | 0.38× | 2.44× |
| 过去12个月自由现金流最近4个季度 | $68.5M | $229.5M |
8季度趋势，按日历期对齐
经营现金流NESRPRGS
| Q4 25 | — | $62.8M | ||
| Q3 25 | $6.7M | $73.4M | ||
| Q2 25 | $98.5M | $30.0M | ||
| Q1 25 | $20.5M | $68.9M | ||
| Q4 24 | — | $19.7M | ||
| Q3 24 | $70.8M | $57.7M | ||
| Q2 24 | — | $63.7M | ||
| Q1 24 | — | $70.5M |
自由现金流NESRPRGS
| Q4 25 | — | $59.9M | ||
| Q3 25 | $-34.1M | $72.4M | ||
| Q2 25 | $68.7M | $29.5M | ||
| Q1 25 | $-9.6M | $67.7M | ||
| Q4 24 | — | $16.8M | ||
| Q3 24 | $43.4M | $56.6M | ||
| Q2 24 | — | $62.7M | ||
| Q1 24 | — | $70.2M |
自由现金流率NESRPRGS
| Q4 25 | — | 23.7% | ||
| Q3 25 | -11.5% | 29.0% | ||
| Q2 25 | 21.0% | 12.4% | ||
| Q1 25 | -3.2% | 28.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 12.9% | 31.7% | ||
| Q2 24 | — | 35.8% | ||
| Q1 24 | — | 38.0% |
资本支出强度NESRPRGS
| Q4 25 | — | 1.1% | ||
| Q3 25 | 13.8% | 0.4% | ||
| Q2 25 | 9.1% | 0.2% | ||
| Q1 25 | 9.9% | 0.5% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | 8.1% | 0.6% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.2% |
现金转化率NESRPRGS
| Q4 25 | — | 2.44× | ||
| Q3 25 | 0.38× | 3.78× | ||
| Q2 25 | 6.48× | 1.76× | ||
| Q1 25 | 1.97× | 6.30× | ||
| Q4 24 | — | 17.13× | ||
| Q3 24 | 3.43× | 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
NESR
| Production Services | $174.4M | 59% |
| Drilling And Evaluation Services | $120.9M | 41% |
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
