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OUTFRONT Media Inc.（OUT）与PEGASYSTEMS INC（PEGA）财务数据对比。点击上方公司名可切换其他公司
OUTFRONT Media Inc.的季度营收约是PEGASYSTEMS INC的1.2倍（$513.3M vs $430.0M），OUTFRONT Media Inc.净利率更高（18.9% vs 7.6%，领先11.2%），OUTFRONT Media Inc.同比增速更快（4.1% vs -9.6%），PEGASYSTEMS INC自由现金流更多（$206.5M vs $93.3M），过去两年OUTFRONT Media Inc.的营收复合增速更高（12.1% vs 10.7%）
OUTFRONT Media Inc.是一家美国广告企业，业务覆盖美国本土，由首席执行官Nick Brien领导美洲区业务，核心经营广告牌及公共交通展示广告两大业务板块，是户外广告领域的重要参与者。
Pegasystems Inc.（简称Pega）是1983年成立的全球软件企业，总部位于美国马萨诸塞州沃尔瑟姆，1996年于纳斯达克上市，股票代码PEGA。公司主打低代码平台，面向企业客户提供工作流自动化、生成式AI驱动决策等相关解决方案。
OUT vs PEGA — 直观对比
营收规模更大
OUT
是对方的1.2倍
$430.0M
营收增速更快
OUT
高出13.7%
-9.6%
净利率更高
OUT
高出11.2%
7.6%
自由现金流更多
PEGA
多$113.2M
$93.3M
两年增速更快
OUT
近两年复合增速
10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $513.3M | $430.0M |
| 净利润 | $96.8M | $32.8M |
| 毛利率 | — | 75.2% |
| 营业利润率 | 26.0% | 8.6% |
| 净利率 | 18.9% | 7.6% |
| 营收同比 | 4.1% | -9.6% |
| 净利润同比 | 30.8% | -61.6% |
| 每股收益（稀释后） | $0.57 | $0.18 |
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OUTPEGA
| Q1 26 | — | $430.0M | ||
| Q4 25 | $513.3M | $504.3M | ||
| Q3 25 | $467.5M | $381.4M | ||
| Q2 25 | $460.2M | $384.5M | ||
| Q1 25 | $390.7M | $475.6M | ||
| Q4 24 | $493.2M | $490.8M | ||
| Q3 24 | $451.9M | $325.1M | ||
| Q2 24 | $477.3M | $351.2M |
净利润OUTPEGA
| Q1 26 | — | $32.8M | ||
| Q4 25 | $96.8M | $234.6M | ||
| Q3 25 | $51.3M | $43.4M | ||
| Q2 25 | $19.5M | $30.1M | ||
| Q1 25 | $-20.6M | $85.4M | ||
| Q4 24 | $74.0M | $119.1M | ||
| Q3 24 | $34.6M | $-14.4M | ||
| Q2 24 | $176.8M | $6.6M |
毛利率OUTPEGA
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | — | 70.2% | ||
| Q2 24 | — | 72.4% |
营业利润率OUTPEGA
| Q1 26 | — | 8.6% | ||
| Q4 25 | 26.0% | 20.7% | ||
| Q3 25 | 19.2% | 3.8% | ||
| Q2 25 | 12.2% | 4.5% | ||
| Q1 25 | 3.6% | 26.7% | ||
| Q4 24 | 22.5% | 29.1% | ||
| Q3 24 | 15.8% | -3.6% | ||
| Q2 24 | 48.0% | 3.7% |
净利率OUTPEGA
| Q1 26 | — | 7.6% | ||
| Q4 25 | 18.9% | 46.5% | ||
| Q3 25 | 11.0% | 11.4% | ||
| Q2 25 | 4.2% | 7.8% | ||
| Q1 25 | -5.3% | 18.0% | ||
| Q4 24 | 15.0% | 24.3% | ||
| Q3 24 | 7.7% | -4.4% | ||
| Q2 24 | 37.0% | 1.9% |
每股收益（稀释后）OUTPEGA
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.57 | $0.81 | ||
| Q3 25 | $0.29 | $0.24 | ||
| Q2 25 | $0.10 | $0.17 | ||
| Q1 25 | $-0.14 | $0.91 | ||
| Q4 24 | $0.49 | $1.35 | ||
| Q3 24 | $0.19 | $-0.17 | ||
| Q2 24 | $1.01 | $0.07 |
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 | $99.9M | $270.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $710.4M | $705.9M |
| 总资产 | $5.3B | $1.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资OUTPEGA
| Q1 26 | — | $270.0M | ||
| Q4 25 | $99.9M | $425.8M | ||
| Q3 25 | $63.0M | $351.4M | ||
| Q2 25 | $28.5M | $411.6M | ||
| Q1 25 | $30.5M | $371.7M | ||
| Q4 24 | $46.9M | $740.0M | ||
| Q3 24 | $28.0M | $703.0M | ||
| Q2 24 | $49.6M | $665.1M |
股东权益OUTPEGA
| Q1 26 | — | $705.9M | ||
| Q4 25 | $710.4M | $787.4M | ||
| Q3 25 | $542.6M | $596.8M | ||
| Q2 25 | $539.1M | $624.5M | ||
| Q1 25 | $566.9M | $611.3M | ||
| Q4 24 | $649.0M | $585.5M | ||
| Q3 24 | $618.2M | $473.0M | ||
| Q2 24 | $664.9M | $435.4M |
总资产OUTPEGA
| Q1 26 | — | $1.6B | ||
| Q4 25 | $5.3B | $1.6B | ||
| Q3 25 | $5.2B | $1.3B | ||
| Q2 25 | $5.1B | $1.3B | ||
| Q1 25 | $5.1B | $1.3B | ||
| Q4 24 | $5.2B | $1.8B | ||
| Q3 24 | $5.2B | $1.6B | ||
| Q2 24 | $5.3B | $1.5B |
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 | $118.1M | — |
| 自由现金流经营现金流 - 资本支出 | $93.3M | $206.5M |
| 自由现金流率自由现金流/营收 | 18.2% | 48.0% |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 现金转化率经营现金流/净利润 | 1.22× | — |
| 过去12个月自由现金流最近4个季度 | $218.8M | $494.9M |
8季度趋势，按日历期对齐
经营现金流OUTPEGA
| Q1 26 | — | — | ||
| Q4 25 | $118.1M | $158.4M | ||
| Q3 25 | $88.8M | $56.3M | ||
| Q2 25 | $67.1M | $86.3M | ||
| Q1 25 | $33.6M | $204.2M | ||
| Q4 24 | $124.5M | $95.2M | ||
| Q3 24 | $73.1M | $30.5M | ||
| Q2 24 | $71.0M | $40.1M |
自由现金流OUTPEGA
| Q1 26 | — | $206.5M | ||
| Q4 25 | $93.3M | $152.4M | ||
| Q3 25 | $67.7M | $51.8M | ||
| Q2 25 | $41.4M | $84.1M | ||
| Q1 25 | $16.4M | $202.3M | ||
| Q4 24 | $106.3M | $92.4M | ||
| Q3 24 | $55.5M | $27.4M | ||
| Q2 24 | $47.1M | $38.8M |
自由现金流率OUTPEGA
| Q1 26 | — | 48.0% | ||
| Q4 25 | 18.2% | 30.2% | ||
| Q3 25 | 14.5% | 13.6% | ||
| Q2 25 | 9.0% | 21.9% | ||
| Q1 25 | 4.2% | 42.5% | ||
| Q4 24 | 21.6% | 18.8% | ||
| Q3 24 | 12.3% | 8.4% | ||
| Q2 24 | 9.9% | 11.1% |
资本支出强度OUTPEGA
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 1.2% | ||
| Q3 25 | 4.5% | 1.2% | ||
| Q2 25 | 5.6% | 0.6% | ||
| Q1 25 | 4.4% | 0.4% | ||
| Q4 24 | 3.7% | 0.6% | ||
| Q3 24 | 3.9% | 0.9% | ||
| Q2 24 | 5.0% | 0.4% |
现金转化率OUTPEGA
| Q1 26 | — | — | ||
| Q4 25 | 1.22× | 0.68× | ||
| Q3 25 | 1.73× | 1.30× | ||
| Q2 25 | 3.44× | 2.87× | ||
| Q1 25 | — | 2.39× | ||
| Q4 24 | 1.68× | 0.80× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.40× | 6.06× |
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
OUT
| Static Displays | $236.3M | 46% |
| Other | $134.8M | 26% |
| Digital Displays | $125.3M | 24% |
| Other Revenues | $1.9M | 0% |
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
