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Paymentus Holdings, Inc.（PAY）与LiveRamp Holdings, Inc.（RAMP）财务数据对比。点击上方公司名可切换其他公司
Paymentus Holdings, Inc.的季度营收约是LiveRamp Holdings, Inc.的1.6倍（$330.5M vs $212.2M），LiveRamp Holdings, Inc.净利率更高（18.8% vs 6.3%，领先12.5%），Paymentus Holdings, Inc.同比增速更快（28.1% vs 8.6%），过去两年Paymentus Holdings, Inc.的营收复合增速更高（33.7% vs 11.1%）
Paymentus Holdings, Inc.是领先的云原生账单支付与客户互动技术服务商，面向公用事业、金融服务、政府、医疗、电信等领域企业提供集成数字支付解决方案、账单自动化工具和自助服务门户，核心业务覆盖北美市场。
LiveRamp Holdings, Inc.是一家美国SaaS企业，核心业务为提供数据连接平台，服务涵盖数据导入、线下数据线上迁移等能力，助力企业开展营销相关的数据应用，为品牌及营销从业者的数字化运营提供技术支撑。
PAY vs RAMP — 直观对比
营收规模更大
PAY
是对方的1.6倍
$212.2M
营收增速更快
PAY
高出19.6%
8.6%
净利率更高
RAMP
高出12.5%
6.3%
两年增速更快
PAY
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $330.5M | $212.2M |
| 净利润 | $20.7M | $39.9M |
| 毛利率 | 25.4% | 71.9% |
| 营业利润率 | 7.3% | 18.6% |
| 净利率 | 6.3% | 18.8% |
| 营收同比 | 28.1% | 8.6% |
| 净利润同比 | 57.2% | 255.7% |
| 每股收益（稀释后） | $0.16 | $0.62 |
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PAYRAMP
| Q4 25 | $330.5M | $212.2M | ||
| Q3 25 | $310.7M | $199.8M | ||
| Q2 25 | $280.1M | $194.8M | ||
| Q1 25 | $275.2M | $188.7M | ||
| Q4 24 | $257.9M | $195.4M | ||
| Q3 24 | $231.6M | $185.5M | ||
| Q2 24 | $197.4M | $176.0M | ||
| Q1 24 | $184.9M | $171.9M |
净利润PAYRAMP
| Q4 25 | $20.7M | $39.9M | ||
| Q3 25 | $17.7M | $27.4M | ||
| Q2 25 | $14.7M | $7.7M | ||
| Q1 25 | $13.8M | $-6.3M | ||
| Q4 24 | $13.1M | $11.2M | ||
| Q3 24 | $14.4M | $1.7M | ||
| Q2 24 | $9.4M | $-7.5M | ||
| Q1 24 | $7.2M | $-5.4M |
毛利率PAYRAMP
| Q4 25 | 25.4% | 71.9% | ||
| Q3 25 | 24.1% | 70.2% | ||
| Q2 25 | 25.5% | 70.1% | ||
| Q1 25 | 24.0% | 69.3% | ||
| Q4 24 | 25.6% | 71.9% | ||
| Q3 24 | 26.2% | 72.4% | ||
| Q2 24 | 29.8% | 70.6% | ||
| Q1 24 | 28.5% | 72.2% |
营业利润率PAYRAMP
| Q4 25 | 7.3% | 18.6% | ||
| Q3 25 | 6.4% | 10.7% | ||
| Q2 25 | 5.7% | 3.7% | ||
| Q1 25 | 5.7% | -6.1% | ||
| Q4 24 | 5.5% | 7.5% | ||
| Q3 24 | 5.2% | 4.0% | ||
| Q2 24 | 5.2% | -3.0% | ||
| Q1 24 | 4.5% | -8.3% |
净利率PAYRAMP
| Q4 25 | 6.3% | 18.8% | ||
| Q3 25 | 5.7% | 13.7% | ||
| Q2 25 | 5.3% | 4.0% | ||
| Q1 25 | 5.0% | -3.3% | ||
| Q4 24 | 5.1% | 5.7% | ||
| Q3 24 | 6.2% | 0.9% | ||
| Q2 24 | 4.7% | -4.3% | ||
| Q1 24 | 3.9% | -3.1% |
每股收益（稀释后）PAYRAMP
| Q4 25 | $0.16 | $0.62 | ||
| Q3 25 | $0.14 | $0.42 | ||
| Q2 25 | $0.11 | $0.12 | ||
| Q1 25 | $0.11 | $-0.10 | ||
| Q4 24 | $0.11 | $0.17 | ||
| Q3 24 | $0.11 | $0.03 | ||
| Q2 24 | $0.07 | $-0.11 | ||
| Q1 24 | $0.06 | $-0.09 |
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 | $320.9M | $403.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $560.4M | $962.3M |
| 总资产 | $667.9M | $1.3B |
| 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PAYRAMP
| Q4 25 | $320.9M | $403.4M | ||
| Q3 25 | $287.9M | $376.9M | ||
| Q2 25 | $266.4M | $371.1M | ||
| Q1 25 | $245.8M | $420.8M | ||
| Q4 24 | $205.9M | $384.3M | ||
| Q3 24 | $187.5M | $348.4M | ||
| Q2 24 | $188.8M | $342.7M | ||
| Q1 24 | $180.1M | $368.9M |
股东权益PAYRAMP
| Q4 25 | $560.4M | $962.3M | ||
| Q3 25 | $537.4M | $943.8M | ||
| Q2 25 | $516.7M | $947.8M | ||
| Q1 25 | $500.4M | $948.9M | ||
| Q4 24 | $485.6M | $957.7M | ||
| Q3 24 | $468.8M | $932.1M | ||
| Q2 24 | $451.6M | $951.9M | ||
| Q1 24 | $439.4M | $949.1M |
总资产PAYRAMP
| Q4 25 | $667.9M | $1.3B | ||
| Q3 25 | $644.4M | $1.2B | ||
| Q2 25 | $609.5M | $1.2B | ||
| Q1 25 | $590.9M | $1.3B | ||
| Q4 24 | $576.2M | $1.3B | ||
| Q3 24 | $552.9M | $1.2B | ||
| Q2 24 | $527.7M | $1.2B | ||
| Q1 24 | $514.0M | $1.2B |
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 | $45.1M | — |
| 自由现金流经营现金流 - 资本支出 | $45.0M | — |
| 自由现金流率自由现金流/营收 | 13.6% | — |
| 资本支出强度资本支出/营收 | 0.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.18× | — |
| 过去12个月自由现金流最近4个季度 | $161.8M | — |
8季度趋势，按日历期对齐
经营现金流PAYRAMP
| Q4 25 | $45.1M | — | ||
| Q3 25 | $35.1M | $57.4M | ||
| Q2 25 | $31.5M | $-15.8M | ||
| Q1 25 | $50.4M | — | ||
| Q4 24 | $27.9M | $45.1M | ||
| Q3 24 | $6.7M | $55.6M | ||
| Q2 24 | $18.0M | $-9.3M | ||
| Q1 24 | $11.0M | — |
自由现金流PAYRAMP
| Q4 25 | $45.0M | — | ||
| Q3 25 | $35.0M | $56.8M | ||
| Q2 25 | $31.4M | $-16.2M | ||
| Q1 25 | $50.4M | — | ||
| Q4 24 | $27.8M | $44.8M | ||
| Q3 24 | $6.7M | $55.4M | ||
| Q2 24 | $17.8M | $-9.6M | ||
| Q1 24 | $10.8M | — |
自由现金流率PAYRAMP
| Q4 25 | 13.6% | — | ||
| Q3 25 | 11.3% | 28.4% | ||
| Q2 25 | 11.2% | -8.3% | ||
| Q1 25 | 18.3% | — | ||
| Q4 24 | 10.8% | 22.9% | ||
| Q3 24 | 2.9% | 29.8% | ||
| Q2 24 | 9.0% | -5.4% | ||
| Q1 24 | 5.9% | — |
资本支出强度PAYRAMP
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.0% | 0.3% | ||
| Q2 25 | 0.0% | 0.2% | ||
| Q1 25 | 0.0% | 0.2% | ||
| Q4 24 | 0.0% | 0.1% | ||
| Q3 24 | 0.0% | 0.1% | ||
| Q2 24 | 0.1% | 0.1% | ||
| Q1 24 | 0.1% | 1.0% |
现金转化率PAYRAMP
| Q4 25 | 2.18× | — | ||
| Q3 25 | 1.98× | 2.09× | ||
| Q2 25 | 2.14× | -2.04× | ||
| Q1 25 | 3.65× | — | ||
| Q4 24 | 2.12× | 4.02× | ||
| Q3 24 | 0.47× | 32.10× | ||
| Q2 24 | 1.93× | — | ||
| Q1 24 | 1.52× | — |
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
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
RAMP
暂无分部数据
