vs
OPEN TEXT CORP（OTEX）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
RUSH ENTERPRISES INC \TX\的季度营收约是OPEN TEXT CORP的1.3倍（$1.7B vs $1.3B），OPEN TEXT CORP净利率更高（12.7% vs 3.7%，领先9.0%），OPEN TEXT CORP同比增速更快（-0.6% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $279.4M），过去两年OPEN TEXT CORP的营收复合增速更高（-4.3% vs -6.8%）
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
OTEX vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.3倍
$1.3B
营收增速更快
OTEX
高出8.4%
-9.0%
净利率更高
OTEX
高出9.0%
3.7%
自由现金流更多
RUSHA
多$132.1M
$279.4M
两年增速更快
OTEX
近两年复合增速
-6.8%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $168.1M | $61.7M |
| 毛利率 | 74.0% | 20.4% |
| 营业利润率 | 22.0% | 4.9% |
| 净利率 | 12.7% | 3.7% |
| 营收同比 | -0.6% | -9.0% |
| 净利润同比 | -26.9% | 1.8% |
| 每股收益（稀释后） | $0.66 | $0.77 |
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OTEXRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B |
净利润OTEXRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $168.1M | $64.3M | ||
| Q3 25 | $146.6M | $66.7M | ||
| Q2 25 | $28.8M | $72.4M | ||
| Q1 25 | $92.8M | $60.3M | ||
| Q4 24 | $229.9M | $74.8M | ||
| Q3 24 | $84.4M | $79.1M | ||
| Q2 24 | $248.2M | $78.7M |
毛利率OTEXRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 74.0% | 20.8% | ||
| Q3 25 | 72.8% | 21.0% | ||
| Q2 25 | 72.3% | 20.7% | ||
| Q1 25 | 71.6% | 20.3% | ||
| Q4 24 | 73.3% | 19.3% | ||
| Q3 24 | 71.7% | 21.0% | ||
| Q2 24 | 72.5% | 20.2% |
营业利润率OTEXRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 22.0% | 5.5% | ||
| Q3 25 | 21.0% | 5.6% | ||
| Q2 25 | 13.9% | 6.0% | ||
| Q1 25 | 16.7% | 5.2% | ||
| Q4 24 | 22.2% | 5.8% | ||
| Q3 24 | 16.3% | 6.7% | ||
| Q2 24 | 14.2% | 6.4% |
净利率OTEXRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 12.7% | 3.8% | ||
| Q3 25 | 11.4% | 3.7% | ||
| Q2 25 | 2.2% | 3.9% | ||
| Q1 25 | 7.4% | 3.4% | ||
| Q4 24 | 17.2% | 3.9% | ||
| Q3 24 | 6.6% | 4.4% | ||
| Q2 24 | 18.2% | 4.1% |
每股收益（稀释后）OTEXRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.66 | $0.81 | ||
| Q3 25 | $0.58 | $0.83 | ||
| Q2 25 | $0.11 | $0.90 | ||
| Q1 25 | $0.35 | $0.73 | ||
| Q4 24 | $0.87 | $-95.13 | ||
| Q3 24 | $0.32 | $0.97 | ||
| Q2 24 | $0.91 | $97.00 |
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 | $1.3B | — |
| 总债务越低越好 | $6.4B | $277.8M |
| 股东权益账面价值 | $4.0B | $2.3B |
| 总资产 | $13.6B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.58× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资OTEXRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $212.6M | ||
| Q3 25 | $1.1B | $242.0M | ||
| Q2 25 | $1.2B | $211.1M | ||
| Q1 25 | $1.3B | $228.7M | ||
| Q4 24 | $1.1B | $228.1M | ||
| Q3 24 | $1.0B | $185.1M | ||
| Q2 24 | $1.3B | $167.3M |
总债务OTEXRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $6.4B | $274.8M | ||
| Q3 25 | $6.4B | — | ||
| Q2 25 | $6.4B | — | ||
| Q1 25 | $6.4B | — | ||
| Q4 24 | $6.4B | $408.4M | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.4B | — |
股东权益OTEXRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $4.0B | $2.2B | ||
| Q3 25 | $4.0B | $2.2B | ||
| Q2 25 | $3.9B | $2.2B | ||
| Q1 25 | $4.1B | $2.2B | ||
| Q4 24 | $4.2B | $2.1B | ||
| Q3 24 | $4.1B | $2.1B | ||
| Q2 24 | $4.2B | $2.0B |
总资产OTEXRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $13.6B | $4.4B | ||
| Q3 25 | $13.5B | $4.6B | ||
| Q2 25 | $13.8B | $4.7B | ||
| Q1 25 | $13.8B | $4.7B | ||
| Q4 24 | $13.7B | $4.6B | ||
| Q3 24 | $13.8B | $4.6B | ||
| Q2 24 | $14.2B | $4.5B |
负债/权益比OTEXRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 1.58× | 0.12× | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.62× | — | ||
| Q1 25 | 1.55× | — | ||
| Q4 24 | 1.51× | 0.19× | ||
| Q3 24 | 1.55× | — | ||
| Q2 24 | 1.52× | — |
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 | $318.7M | — |
| 自由现金流经营现金流 - 资本支出 | $279.4M | $411.6M |
| 自由现金流率自由现金流/营收 | 21.1% | 24.4% |
| 资本支出强度资本支出/营收 | 3.0% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.90× | — |
| 过去12个月自由现金流最近4个季度 | $878.5M | $828.4M |
8季度趋势，按日历期对齐
经营现金流OTEXRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $318.7M | $112.9M | ||
| Q3 25 | $147.8M | $367.8M | ||
| Q2 25 | $158.2M | $227.6M | ||
| Q1 25 | $402.2M | $153.5M | ||
| Q4 24 | $348.0M | $392.3M | ||
| Q3 24 | $-77.8M | $111.7M | ||
| Q2 24 | $185.2M | $270.6M |
自由现金流OTEXRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $279.4M | $31.9M | ||
| Q3 25 | $101.2M | $271.2M | ||
| Q2 25 | $124.0M | $113.8M | ||
| Q1 25 | $373.8M | $45.1M | ||
| Q4 24 | $306.7M | $263.5M | ||
| Q3 24 | $-117.1M | $-20.0M | ||
| Q2 24 | $145.2M | $177.2M |
自由现金流率OTEXRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 21.1% | 1.9% | ||
| Q3 25 | 7.9% | 15.2% | ||
| Q2 25 | 9.5% | 6.2% | ||
| Q1 25 | 29.8% | 2.6% | ||
| Q4 24 | 23.0% | 13.7% | ||
| Q3 24 | -9.2% | -1.1% | ||
| Q2 24 | 10.7% | 9.1% |
资本支出强度OTEXRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 3.0% | 4.8% | ||
| Q3 25 | 3.6% | 5.4% | ||
| Q2 25 | 2.6% | 6.2% | ||
| Q1 25 | 2.3% | 6.2% | ||
| Q4 24 | 3.1% | 6.7% | ||
| Q3 24 | 3.1% | 7.3% | ||
| Q2 24 | 2.9% | 4.8% |
现金转化率OTEXRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 1.90× | 1.75× | ||
| Q3 25 | 1.01× | 5.51× | ||
| Q2 25 | 5.49× | 3.14× | ||
| Q1 25 | 4.33× | 2.55× | ||
| Q4 24 | 1.51× | 5.25× | ||
| Q3 24 | -0.92× | 1.41× | ||
| Q2 24 | 0.75× | 3.44× |
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
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
