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PAR TECHNOLOGY CORP（PAR）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是PAR TECHNOLOGY CORP的1.6倍（$188.3M vs $120.1M），PAR TECHNOLOGY CORP同比增速更快（14.4% vs -21.9%），过去两年PAR TECHNOLOGY CORP的营收复合增速更高（30.9% vs -15.4%）
PAR科技公司是全球领先的销售点系统、餐饮酒店管理软件及集成技术解决方案提供商，核心业务覆盖餐饮服务、酒店文旅及政府安防领域，为各类规模客户提供云端工具以简化运营、提升消费体验与经营效率。
PAR vs RILY — 直观对比
营收规模更大
RILY
是对方的1.6倍
$120.1M
营收增速更快
PAR
高出36.2%
-21.9%
两年增速更快
PAR
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $120.1M | $188.3M |
| 净利润 | — | $90.3M |
| 毛利率 | 41.2% | 79.5% |
| 营业利润率 | -15.0% | 32.3% |
| 净利率 | — | 47.9% |
| 营收同比 | 14.4% | -21.9% |
| 净利润同比 | — | 1710.8% |
| 每股收益（稀释后） | $-0.52 | $2.78 |
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PARRILY
| Q4 25 | $120.1M | $188.3M | ||
| Q3 25 | $119.2M | $215.3M | ||
| Q2 25 | $112.4M | $188.2M | ||
| Q1 25 | $103.9M | $197.2M | ||
| Q4 24 | $105.0M | $241.0M | ||
| Q3 24 | $96.8M | $225.5M | ||
| Q2 24 | $78.2M | $256.0M | ||
| Q1 24 | $70.1M | $263.4M |
净利润PARRILY
| Q4 25 | — | $90.3M | ||
| Q3 25 | $-18.2M | $91.1M | ||
| Q2 25 | $-21.0M | $139.5M | ||
| Q1 25 | $-24.4M | $-10.0M | ||
| Q4 24 | — | $-5.6M | ||
| Q3 24 | $-19.8M | $-284.4M | ||
| Q2 24 | $54.2M | $-433.6M | ||
| Q1 24 | $-18.3M | $-49.2M |
毛利率PARRILY
| Q4 25 | 41.2% | 79.5% | ||
| Q3 25 | 41.3% | 83.7% | ||
| Q2 25 | 45.4% | 81.3% | ||
| Q1 25 | 46.5% | 81.4% | ||
| Q4 24 | 42.9% | 79.8% | ||
| Q3 24 | 44.5% | 82.1% | ||
| Q2 24 | 41.0% | 84.5% | ||
| Q1 24 | 37.2% | 85.3% |
营业利润率PARRILY
| Q4 25 | -15.0% | 32.3% | ||
| Q3 25 | -14.8% | 30.4% | ||
| Q2 25 | -15.4% | 5.7% | ||
| Q1 25 | -15.2% | -31.2% | ||
| Q4 24 | -15.6% | -69.2% | ||
| Q3 24 | -15.7% | -36.4% | ||
| Q2 24 | -26.5% | -90.8% | ||
| Q1 24 | -38.2% | -6.1% |
净利率PARRILY
| Q4 25 | — | 47.9% | ||
| Q3 25 | -15.3% | 42.3% | ||
| Q2 25 | -18.7% | 74.1% | ||
| Q1 25 | -23.4% | -5.1% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | -20.5% | -126.1% | ||
| Q2 24 | 69.3% | -169.4% | ||
| Q1 24 | -26.1% | -18.7% |
每股收益（稀释后）PARRILY
| Q4 25 | $-0.52 | $2.78 | ||
| Q3 25 | $-0.45 | $2.91 | ||
| Q2 25 | $-0.52 | $4.50 | ||
| Q1 25 | $-0.60 | $-0.39 | ||
| Q4 24 | $-0.56 | $-0.01 | ||
| Q3 24 | $-0.56 | $-9.39 | ||
| Q2 24 | $1.60 | $-14.35 | ||
| Q1 24 | $-0.62 | $-1.71 |
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 | $80.1M | $226.6M |
| 总债务越低越好 | $394.0M | $1.4B |
| 股东权益账面价值 | $825.1M | $-171.5M |
| 总资产 | $1.4B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.48× | — |
8季度趋势，按日历期对齐
现金及短期投资PARRILY
| Q4 25 | $80.1M | $226.6M | ||
| Q3 25 | $93.0M | $184.2M | ||
| Q2 25 | $85.7M | $267.4M | ||
| Q1 25 | $92.2M | $138.3M | ||
| Q4 24 | $108.6M | $146.9M | ||
| Q3 24 | $118.4M | $159.2M | ||
| Q2 24 | $142.5M | $236.9M | ||
| Q1 24 | $72.5M | $190.7M |
总债务PARRILY
| Q4 25 | $394.0M | $1.4B | ||
| Q3 25 | $393.4M | $1.3B | ||
| Q2 25 | $392.8M | $1.3B | ||
| Q1 25 | $392.3M | $1.4B | ||
| Q4 24 | $368.4M | $1.5B | ||
| Q3 24 | $466.7M | — | ||
| Q2 24 | $378.7M | — | ||
| Q1 24 | $378.2M | — |
股东权益PARRILY
| Q4 25 | $825.1M | $-171.5M | ||
| Q3 25 | $838.0M | $-260.5M | ||
| Q2 25 | $859.1M | $-351.7M | ||
| Q1 25 | $852.0M | $-496.8M | ||
| Q4 24 | $871.7M | $-488.2M | ||
| Q3 24 | $692.7M | $-497.6M | ||
| Q2 24 | $588.3M | $-218.3M | ||
| Q1 24 | $526.4M | $228.4M |
总资产PARRILY
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.3B | $2.2B | ||
| Q2 24 | $1.1B | $3.2B | ||
| Q1 24 | $1.0B | $5.0B |
负债/权益比PARRILY
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 0.67× | — | ||
| Q2 24 | 0.64× | — | ||
| Q1 24 | 0.72× | — |
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 | $-11.8M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-12.5M | — |
| 自由现金流率自由现金流/营收 | -10.4% | — |
| 资本支出强度资本支出/营收 | 0.7% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | $-30.5M | — |
8季度趋势，按日历期对齐
经营现金流PARRILY
| Q4 25 | $-11.8M | $26.2M | ||
| Q3 25 | $8.4M | $-60.6M | ||
| Q2 25 | $-6.6M | $-25.6M | ||
| Q1 25 | $-17.2M | $184.0K | ||
| Q4 24 | $3.4M | $-2.7M | ||
| Q3 24 | $8.8M | $19.5M | ||
| Q2 24 | $-13.8M | $111.5M | ||
| Q1 24 | $-23.6M | $135.4M |
自由现金流PARRILY
| Q4 25 | $-12.5M | — | ||
| Q3 25 | $7.0M | — | ||
| Q2 25 | $-7.4M | — | ||
| Q1 25 | $-17.6M | — | ||
| Q4 24 | $3.2M | — | ||
| Q3 24 | $8.4M | — | ||
| Q2 24 | $-14.2M | — | ||
| Q1 24 | $-23.6M | — |
自由现金流率PARRILY
| Q4 25 | -10.4% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | -6.6% | — | ||
| Q1 25 | -16.9% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | -18.2% | — | ||
| Q1 24 | -33.7% | — |
资本支出强度PARRILY
| Q4 25 | 0.7% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.1% | — |
现金转化率PARRILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.26× | — | ||
| 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
PAR
| Subscription Service | $76.1M | 63% |
| Hardware | $27.8M | 23% |
| Professional Service | $16.2M | 13% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
