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Ranpak Holdings Corp.（PACK）与PDF SOLUTIONS INC（PDFS）财务数据对比。点击上方公司名可切换其他公司
Ranpak Holdings Corp.的季度营收约是PDF SOLUTIONS INC的1.5倍（$93.7M vs $62.4M），PDF SOLUTIONS INC同比增速更快（24.6% vs 2.3%），过去两年PDF SOLUTIONS INC的营收复合增速更高（22.9% vs 13.7%）
Ranpak Holdings Corp.主营生产防护纸质包装设备与纸制品，可为电商及各行业货品运输提供纸质缓冲包装方案，同时也供应自动化包装解决方案。公司总部位于美国俄亥俄州康科德，在美国本土多个州、捷克、荷兰、中国上海及新加坡均设有生产基地与办公室，产品可用于包裹缠绕、缓冲填隙、冷链运输等多种场景。
PDF Solutions Inc是一家总部位于美国加利福尼亚州圣克拉拉的跨国企业，主营软件业务与工程技术服务，目前在纳斯达克交易所挂牌上市，股票代码为PDFS。
PACK vs PDFS — 直观对比
营收规模更大
PACK
是对方的1.5倍
$62.4M
营收增速更快
PDFS
高出22.3%
2.3%
两年增速更快
PDFS
近两年复合增速
13.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $93.7M | $62.4M |
| 净利润 | — | $-48.0K |
| 毛利率 | 39.0% | 72.9% |
| 营业利润率 | -1.0% | 5.5% |
| 净利率 | — | -0.1% |
| 营收同比 | 2.3% | 24.6% |
| 净利润同比 | — | -108.9% |
| 每股收益（稀释后） | $-0.11 | $0.00 |
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PACKPDFS
| Q4 25 | $93.7M | $62.4M | ||
| Q3 25 | $83.6M | $57.1M | ||
| Q2 25 | $77.8M | $51.7M | ||
| Q1 25 | $77.6M | $47.8M | ||
| Q4 24 | $91.6M | $50.1M | ||
| Q3 24 | $78.6M | $46.4M | ||
| Q2 24 | $72.8M | $41.7M | ||
| Q1 24 | $72.5M | $41.3M |
净利润PACKPDFS
| Q4 25 | — | $-48.0K | ||
| Q3 25 | $-10.4M | $1.3M | ||
| Q2 25 | $-7.5M | $1.1M | ||
| Q1 25 | $-10.9M | $-3.0M | ||
| Q4 24 | — | $539.0K | ||
| Q3 24 | $-8.1M | $2.2M | ||
| Q2 24 | $5.5M | $1.7M | ||
| Q1 24 | $-8.1M | $-393.0K |
毛利率PACKPDFS
| Q4 25 | 39.0% | 72.9% | ||
| Q3 25 | 41.1% | 72.3% | ||
| Q2 25 | 37.1% | 71.2% | ||
| Q1 25 | 39.8% | 72.9% | ||
| Q4 24 | 45.2% | 68.3% | ||
| Q3 24 | 43.8% | 73.1% | ||
| Q2 24 | 43.5% | 70.6% | ||
| Q1 24 | 44.6% | 67.3% |
营业利润率PACKPDFS
| Q4 25 | -1.0% | 5.5% | ||
| Q3 25 | -6.8% | 8.5% | ||
| Q2 25 | -12.5% | 2.2% | ||
| Q1 25 | -10.3% | -7.4% | ||
| Q4 24 | 1.5% | 1.0% | ||
| Q3 24 | -5.3% | 4.6% | ||
| Q2 24 | -7.1% | 0.6% | ||
| Q1 24 | -6.6% | -4.7% |
净利率PACKPDFS
| Q4 25 | — | -0.1% | ||
| Q3 25 | -12.4% | 2.3% | ||
| Q2 25 | -9.6% | 2.2% | ||
| Q1 25 | -14.0% | -6.3% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | -10.3% | 4.8% | ||
| Q2 24 | 7.6% | 4.1% | ||
| Q1 24 | -11.2% | -1.0% |
每股收益（稀释后）PACKPDFS
| Q4 25 | $-0.11 | $0.00 | ||
| Q3 25 | $-0.12 | $0.03 | ||
| Q2 25 | $-0.09 | $0.03 | ||
| Q1 25 | $-0.13 | $-0.08 | ||
| Q4 24 | $-0.13 | $0.01 | ||
| Q3 24 | $-0.10 | $0.06 | ||
| Q2 24 | $0.07 | $0.04 | ||
| Q1 24 | $-0.10 | $-0.01 |
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 | $63.0M | $42.2M |
| 总债务越低越好 | $401.9M | $67.0M |
| 股东权益账面价值 | $534.9M | $271.0M |
| 总资产 | $1.1B | $418.7M |
| 负债/权益比越低杠杆越低 | 0.75× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资PACKPDFS
| Q4 25 | $63.0M | $42.2M | ||
| Q3 25 | $49.9M | $35.9M | ||
| Q2 25 | $49.2M | $40.4M | ||
| Q1 25 | $65.5M | $54.1M | ||
| Q4 24 | $76.1M | $114.9M | ||
| Q3 24 | $69.5M | $120.2M | ||
| Q2 24 | $65.1M | $117.9M | ||
| Q1 24 | $55.1M | $122.9M |
总债务PACKPDFS
| Q4 25 | $401.9M | $67.0M | ||
| Q3 25 | $403.1M | $67.6M | ||
| Q2 25 | $403.1M | $68.1M | ||
| Q1 25 | $405.2M | $68.7M | ||
| Q4 24 | $406.4M | — | ||
| Q3 24 | $403.2M | — | ||
| Q2 24 | $396.1M | — | ||
| Q1 24 | $396.7M | — |
股东权益PACKPDFS
| Q4 25 | $534.9M | $271.0M | ||
| Q3 25 | $537.8M | $264.4M | ||
| Q2 25 | $539.0M | $257.5M | ||
| Q1 25 | $544.1M | $249.0M | ||
| Q4 24 | $548.1M | $246.0M | ||
| Q3 24 | $564.3M | $240.5M | ||
| Q2 24 | $566.2M | $232.2M | ||
| Q1 24 | $560.0M | $225.4M |
总资产PACKPDFS
| Q4 25 | $1.1B | $418.7M | ||
| Q3 25 | $1.1B | $406.4M | ||
| Q2 25 | $1.1B | $391.1M | ||
| Q1 25 | $1.1B | $390.0M | ||
| Q4 24 | $1.1B | $315.3M | ||
| Q3 24 | $1.1B | $307.4M | ||
| Q2 24 | $1.1B | $298.0M | ||
| Q1 24 | $1.1B | $286.8M |
负债/权益比PACKPDFS
| Q4 25 | 0.75× | 0.25× | ||
| Q3 25 | 0.75× | 0.26× | ||
| Q2 25 | 0.75× | 0.26× | ||
| Q1 25 | 0.74× | 0.28× | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.70× | — | ||
| Q1 24 | 0.71× | — |
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 | $19.5M | $17.3M |
| 自由现金流经营现金流 - 资本支出 | — | $7.5M |
| 自由现金流率自由现金流/营收 | — | 12.1% |
| 资本支出强度资本支出/营收 | — | 15.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-8.6M |
8季度趋势，按日历期对齐
经营现金流PACKPDFS
| Q4 25 | $19.5M | $17.3M | ||
| Q3 25 | $8.5M | $3.3M | ||
| Q2 25 | $-3.6M | $-5.2M | ||
| Q1 25 | $-1.3M | $8.6M | ||
| Q4 24 | $6.5M | $1.6M | ||
| Q3 24 | $10.1M | $9.3M | ||
| Q2 24 | $19.6M | $684.0K | ||
| Q1 24 | $5.2M | $-1.9M |
自由现金流PACKPDFS
| Q4 25 | — | $7.5M | ||
| Q3 25 | — | $-2.9M | ||
| Q2 25 | — | $-13.8M | ||
| Q1 25 | — | $535.0K | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | — | $5.1M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $-3.9M |
自由现金流率PACKPDFS
| Q4 25 | — | 12.1% | ||
| Q3 25 | — | -5.1% | ||
| Q2 25 | — | -26.6% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | -8.0% | ||
| Q3 24 | — | 11.0% | ||
| Q2 24 | — | -11.1% | ||
| Q1 24 | — | -9.4% |
资本支出强度PACKPDFS
| Q4 25 | — | 15.7% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | — | 11.3% | ||
| Q3 24 | — | 9.0% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 4.9% |
现金转化率PACKPDFS
| Q4 25 | — | — | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | -4.55× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.98× | ||
| Q3 24 | — | 4.20× | ||
| Q2 24 | 3.56× | 0.40× | ||
| Q1 24 | — | — |
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
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
PDFS
| Volumebased | $38.0M | 61% |
| Other | $24.4M | 39% |
