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PAR TECHNOLOGY CORP（PAR）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是PAR TECHNOLOGY CORP的1.9倍（$225.0M vs $120.1M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 14.4%），GIBRALTAR INDUSTRIES, INC.自由现金流更多（$26.2M vs $-12.5M），过去两年PAR TECHNOLOGY CORP的营收复合增速更高（30.9% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
PAR vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.9倍
$120.1M
营收增速更快
ROCK
高出10.6%
14.4%
自由现金流更多
ROCK
多$38.8M
$-12.5M
两年增速更快
PAR
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $120.1M | $225.0M |
| 净利润 | — | — |
| 毛利率 | 41.2% | 25.3% |
| 营业利润率 | -15.0% | 7.9% |
| 净利率 | — | — |
| 营收同比 | 14.4% | 24.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $-0.52 | — |
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PARROCK
| Q4 25 | $120.1M | $225.0M | ||
| Q3 25 | $119.2M | $310.9M | ||
| Q2 25 | $112.4M | $309.5M | ||
| Q1 25 | $103.9M | $290.0M | ||
| Q4 24 | $105.0M | $180.1M | ||
| Q3 24 | $96.8M | $277.1M | ||
| Q2 24 | $78.2M | $273.6M | ||
| Q1 24 | $70.1M | $292.5M |
净利润PARROCK
| Q4 25 | — | — | ||
| Q3 25 | $-18.2M | $-89.1M | ||
| Q2 25 | $-21.0M | $26.0M | ||
| Q1 25 | $-24.4M | $21.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-19.8M | $34.0M | ||
| Q2 24 | $54.2M | $32.2M | ||
| Q1 24 | $-18.3M | $24.9M |
毛利率PARROCK
| Q4 25 | 41.2% | 25.3% | ||
| Q3 25 | 41.3% | 26.6% | ||
| Q2 25 | 45.4% | 28.4% | ||
| Q1 25 | 46.5% | 26.8% | ||
| Q4 24 | 42.9% | 29.0% | ||
| Q3 24 | 44.5% | 29.4% | ||
| Q2 24 | 41.0% | 30.5% | ||
| Q1 24 | 37.2% | 28.9% |
营业利润率PARROCK
| Q4 25 | -15.0% | 7.9% | ||
| Q3 25 | -14.8% | 12.8% | ||
| Q2 25 | -15.4% | 12.8% | ||
| Q1 25 | -15.2% | 8.8% | ||
| Q4 24 | -15.6% | 13.3% | ||
| Q3 24 | -15.7% | 15.6% | ||
| Q2 24 | -26.5% | 14.9% | ||
| Q1 24 | -38.2% | 10.8% |
净利率PARROCK
| Q4 25 | — | — | ||
| Q3 25 | -15.3% | -28.6% | ||
| Q2 25 | -18.7% | 8.4% | ||
| Q1 25 | -23.4% | 7.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | -20.5% | 12.3% | ||
| Q2 24 | 69.3% | 11.8% | ||
| Q1 24 | -26.1% | 8.5% |
每股收益（稀释后）PARROCK
| Q4 25 | $-0.52 | — | ||
| Q3 25 | $-0.45 | $-2.98 | ||
| Q2 25 | $-0.52 | $0.87 | ||
| Q1 25 | $-0.60 | — | ||
| Q4 24 | $-0.56 | — | ||
| Q3 24 | $-0.56 | $1.11 | ||
| Q2 24 | $1.60 | $1.05 | ||
| Q1 24 | $-0.62 | — |
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 | $115.7M |
| 总债务越低越好 | $394.0M | $0 |
| 股东权益账面价值 | $825.1M | $950.4M |
| 总资产 | $1.4B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.48× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资PARROCK
| Q4 25 | $80.1M | $115.7M | ||
| Q3 25 | $93.0M | $89.4M | ||
| Q2 25 | $85.7M | $43.3M | ||
| Q1 25 | $92.2M | $25.1M | ||
| Q4 24 | $108.6M | $269.5M | ||
| Q3 24 | $118.4M | $228.9M | ||
| Q2 24 | $142.5M | $179.1M | ||
| Q1 24 | $72.5M | $146.7M |
总债务PARROCK
| Q4 25 | $394.0M | $0 | ||
| Q3 25 | $393.4M | $0 | ||
| Q2 25 | $392.8M | $0 | ||
| Q1 25 | $392.3M | $0 | ||
| Q4 24 | $368.4M | $0 | ||
| Q3 24 | $466.7M | $0 | ||
| Q2 24 | $378.7M | $0 | ||
| Q1 24 | $378.2M | $0 |
股东权益PARROCK
| Q4 25 | $825.1M | $950.4M | ||
| Q3 25 | $838.0M | $951.8M | ||
| Q2 25 | $859.1M | $1.0B | ||
| Q1 25 | $852.0M | $1.0B | ||
| Q4 24 | $871.7M | $1.0B | ||
| Q3 24 | $692.7M | $1.0B | ||
| Q2 24 | $588.3M | $975.7M | ||
| Q1 24 | $526.4M | $940.2M |
总资产PARROCK
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $1.0B | $1.3B |
负债/权益比PARROCK
| Q4 25 | 0.48× | 0.00× | ||
| Q3 25 | 0.47× | 0.00× | ||
| Q2 25 | 0.46× | 0.00× | ||
| Q1 25 | 0.46× | 0.00× | ||
| Q4 24 | 0.42× | 0.00× | ||
| Q3 24 | 0.67× | 0.00× | ||
| Q2 24 | 0.64× | 0.00× | ||
| Q1 24 | 0.72× | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $-12.5M | $26.2M |
| 自由现金流率自由现金流/营收 | -10.4% | 11.7% |
| 资本支出强度资本支出/营收 | 0.7% | 4.1% |
| 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 | $-30.5M | $120.6M |
8季度趋势，按日历期对齐
经营现金流PARROCK
| Q4 25 | $-11.8M | $35.5M | ||
| Q3 25 | $8.4M | $73.0M | ||
| Q2 25 | $-6.6M | $44.9M | ||
| Q1 25 | $-17.2M | $13.7M | ||
| Q4 24 | $3.4M | $19.9M | ||
| Q3 24 | $8.8M | $64.7M | ||
| Q2 24 | $-13.8M | $36.5M | ||
| Q1 24 | $-23.6M | $53.2M |
自由现金流PARROCK
| Q4 25 | $-12.5M | $26.2M | ||
| Q3 25 | $7.0M | $64.8M | ||
| Q2 25 | $-7.4M | $27.3M | ||
| Q1 25 | $-17.6M | $2.3M | ||
| Q4 24 | $3.2M | $14.1M | ||
| Q3 24 | $8.4M | $60.5M | ||
| Q2 24 | $-14.2M | $33.5M | ||
| Q1 24 | $-23.6M | $48.8M |
自由现金流率PARROCK
| Q4 25 | -10.4% | 11.7% | ||
| Q3 25 | 5.9% | 20.8% | ||
| Q2 25 | -6.6% | 8.8% | ||
| Q1 25 | -16.9% | 0.8% | ||
| Q4 24 | 3.0% | 7.8% | ||
| Q3 24 | 8.7% | 21.8% | ||
| Q2 24 | -18.2% | 12.2% | ||
| Q1 24 | -33.7% | 16.7% |
资本支出强度PARROCK
| Q4 25 | 0.7% | 4.1% | ||
| Q3 25 | 1.1% | 2.6% | ||
| Q2 25 | 0.7% | 5.7% | ||
| Q1 25 | 0.4% | 3.9% | ||
| Q4 24 | 0.2% | 3.3% | ||
| Q3 24 | 0.4% | 1.5% | ||
| Q2 24 | 0.5% | 1.1% | ||
| Q1 24 | 0.1% | 1.5% |
现金转化率PARROCK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | -0.26× | 1.13× | ||
| Q1 24 | — | 2.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
