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Penguin Solutions, Inc.（PENG）与EPLUS INC（PLUS）财务数据对比。点击上方公司名可切换其他公司
EPLUS INC的季度营收约是Penguin Solutions, Inc.的1.8倍（$614.8M vs $343.1M），EPLUS INC净利率更高（5.7% vs 1.5%，领先4.2%），EPLUS INC同比增速更快（20.3% vs 0.6%），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs 2.3%）
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
PENG vs PLUS — 直观对比
营收规模更大
PLUS
是对方的1.8倍
$343.1M
营收增速更快
PLUS
高出19.7%
0.6%
净利率更高
PLUS
高出4.2%
1.5%
两年增速更快
PENG
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $343.1M | $614.8M |
| 净利润 | $5.3M | $35.1M |
| 毛利率 | 28.0% | 25.8% |
| 营业利润率 | 5.7% | 7.1% |
| 净利率 | 1.5% | 5.7% |
| 营收同比 | 0.6% | 20.3% |
| 净利润同比 | 1.0% | 45.2% |
| 每股收益（稀释后） | $0.04 | $1.33 |
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PENGPLUS
| Q4 25 | $343.1M | $614.8M | ||
| Q3 25 | $337.9M | $608.8M | ||
| Q2 25 | $324.3M | $637.3M | ||
| Q1 25 | $365.5M | — | ||
| Q4 24 | $341.1M | $493.2M | ||
| Q3 24 | $284.8M | $493.4M | ||
| Q2 24 | $300.6M | $535.7M | ||
| Q4 23 | $274.2M | $509.1M |
净利润PENGPLUS
| Q4 25 | $5.3M | $35.1M | ||
| Q3 25 | $9.4M | $34.9M | ||
| Q2 25 | $2.7M | $37.7M | ||
| Q1 25 | $8.1M | — | ||
| Q4 24 | $5.2M | $24.1M | ||
| Q3 24 | — | $31.3M | ||
| Q2 24 | $5.6M | $27.3M | ||
| Q4 23 | $-19.9M | $27.3M |
毛利率PENGPLUS
| Q4 25 | 28.0% | 25.8% | ||
| Q3 25 | 28.6% | 26.6% | ||
| Q2 25 | 29.3% | 23.3% | ||
| Q1 25 | 28.6% | — | ||
| Q4 24 | 28.7% | 25.4% | ||
| Q3 24 | 28.8% | 25.8% | ||
| Q2 24 | 29.6% | 23.7% | ||
| Q4 23 | 30.2% | 26.3% |
营业利润率PENGPLUS
| Q4 25 | 5.7% | 7.1% | ||
| Q3 25 | 3.7% | 8.0% | ||
| Q2 25 | 3.0% | 5.7% | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 5.1% | 3.3% | ||
| Q3 24 | -1.2% | 5.5% | ||
| Q2 24 | 3.8% | 5.9% | ||
| Q4 23 | 0.5% | 7.5% |
净利率PENGPLUS
| Q4 25 | 1.5% | 5.7% | ||
| Q3 25 | 2.8% | 5.7% | ||
| Q2 25 | 0.8% | 5.9% | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 1.5% | 4.9% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | 1.9% | 5.1% | ||
| Q4 23 | -7.3% | 5.4% |
每股收益（稀释后）PENGPLUS
| Q4 25 | $0.04 | $1.33 | ||
| Q3 25 | $0.10 | $1.32 | ||
| Q2 25 | $-0.01 | $1.43 | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.10 | $0.91 | ||
| Q3 24 | — | $1.17 | ||
| Q2 24 | $0.10 | $1.02 | ||
| Q4 23 | $-0.38 | $1.02 |
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 | $461.5M | $326.3M |
| 总债务越低越好 | $462.3M | — |
| 股东权益账面价值 | $389.7M | $1.1B |
| 总资产 | $1.6B | $1.8B |
| 负债/权益比越低杠杆越低 | 1.19× | — |
8季度趋势，按日历期对齐
现金及短期投资PENGPLUS
| Q4 25 | $461.5M | $326.3M | ||
| Q3 25 | $453.8M | $402.2M | ||
| Q2 25 | $735.5M | $480.2M | ||
| Q1 25 | $647.0M | — | ||
| Q4 24 | $393.7M | $253.1M | ||
| Q3 24 | $389.5M | $187.5M | ||
| Q2 24 | $467.5M | $349.9M | ||
| Q4 23 | $553.4M | $142.2M |
总债务PENGPLUS
| Q4 25 | $462.3M | — | ||
| Q3 25 | $461.8M | — | ||
| Q2 25 | $659.5M | — | ||
| Q1 25 | $658.8M | — | ||
| Q4 24 | $658.1M | — | ||
| Q3 24 | $657.3M | — | ||
| Q2 24 | $667.0M | — | ||
| Q4 23 | $776.8M | — |
股东权益PENGPLUS
| Q4 25 | $389.7M | $1.1B | ||
| Q3 25 | $394.2M | $1.0B | ||
| Q2 25 | $584.8M | $1.0B | ||
| Q1 25 | $602.5M | — | ||
| Q4 24 | $400.4M | $962.3M | ||
| Q3 24 | $391.4M | $947.0M | ||
| Q2 24 | $423.4M | $921.9M | ||
| Q4 23 | $410.2M | $877.8M |
总资产PENGPLUS
| Q4 25 | $1.6B | $1.8B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.5B | $1.7B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q4 23 | $1.6B | $1.6B |
负债/权益比PENGPLUS
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 1.09× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.68× | — | ||
| Q2 24 | 1.58× | — | ||
| Q4 23 | 1.89× | — |
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 | $31.1M | $-87.4M |
| 自由现金流经营现金流 - 资本支出 | $28.2M | — |
| 自由现金流率自由现金流/营收 | 8.2% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 5.89× | -2.49× |
| 过去12个月自由现金流最近4个季度 | $116.3M | — |
8季度趋势，按日历期对齐
经营现金流PENGPLUS
| Q4 25 | $31.1M | $-87.4M | ||
| Q3 25 | $-70.4M | $-34.8M | ||
| Q2 25 | $92.8M | $-99.0M | ||
| Q1 25 | $72.9M | — | ||
| Q4 24 | $13.8M | $65.7M | ||
| Q3 24 | — | $-21.6M | ||
| Q2 24 | $57.9M | $97.1M | ||
| Q4 23 | $31.5M | $133.2M |
自由现金流PENGPLUS
| Q4 25 | $28.2M | — | ||
| Q3 25 | $-73.4M | — | ||
| Q2 25 | $90.9M | — | ||
| Q1 25 | $70.5M | — | ||
| Q4 24 | $12.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $48.9M | — | ||
| Q4 23 | $26.8M | — |
自由现金流率PENGPLUS
| Q4 25 | 8.2% | — | ||
| Q3 25 | -21.7% | — | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 19.3% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 16.3% | — | ||
| Q4 23 | 9.8% | — |
资本支出强度PENGPLUS
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.0% | — | ||
| Q4 23 | 1.7% | — |
现金转化率PENGPLUS
| Q4 25 | 5.89× | -2.49× | ||
| Q3 25 | -7.47× | -1.00× | ||
| Q2 25 | 34.88× | -2.63× | ||
| Q1 25 | 9.02× | — | ||
| Q4 24 | 2.65× | 2.72× | ||
| Q3 24 | — | -0.69× | ||
| Q2 24 | 10.30× | 3.55× | ||
| Q4 23 | — | 4.88× |
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
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
