vs
Penguin Solutions, Inc.（PENG）与Thryv Holdings, Inc.（THRY）财务数据对比。点击上方公司名可切换其他公司
Penguin Solutions, Inc.的季度营收约是Thryv Holdings, Inc.的2.0倍（$343.1M vs $167.7M），Thryv Holdings, Inc.净利率更高（2.7% vs 1.5%，领先1.2%），Penguin Solutions, Inc.同比增速更快（0.6% vs -7.5%），Penguin Solutions, Inc.自由现金流更多（$28.2M vs $-5.5M），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs -13.5%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
PENG vs THRY — 直观对比
营收规模更大
PENG
是对方的2.0倍
$167.7M
营收增速更快
PENG
高出8.1%
-7.5%
净利率更高
THRY
高出1.2%
1.5%
自由现金流更多
PENG
多$33.7M
$-5.5M
两年增速更快
PENG
近两年复合增速
-13.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $343.1M | $167.7M |
| 净利润 | $5.3M | $4.5M |
| 毛利率 | 28.0% | 65.2% |
| 营业利润率 | 5.7% | 37.3% |
| 净利率 | 1.5% | 2.7% |
| 营收同比 | 0.6% | -7.5% |
| 净利润同比 | 1.0% | 147.2% |
| 每股收益（稀释后） | $0.04 | $0.10 |
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PENGTHRY
| Q1 26 | — | $167.7M | ||
| Q4 25 | $343.1M | $191.6M | ||
| Q3 25 | $337.9M | $201.6M | ||
| Q2 25 | $324.3M | $210.5M | ||
| Q1 25 | $365.5M | $181.4M | ||
| Q4 24 | $341.1M | $186.6M | ||
| Q3 24 | $284.8M | $179.9M | ||
| Q2 24 | $300.6M | $224.1M |
净利润PENGTHRY
| Q1 26 | — | $4.5M | ||
| Q4 25 | $5.3M | $-9.7M | ||
| Q3 25 | $9.4M | $5.7M | ||
| Q2 25 | $2.7M | $13.9M | ||
| Q1 25 | $8.1M | $-9.6M | ||
| Q4 24 | $5.2M | $7.9M | ||
| Q3 24 | — | $-96.1M | ||
| Q2 24 | $5.6M | $5.5M |
毛利率PENGTHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | 28.0% | 68.0% | ||
| Q3 25 | 28.6% | 67.7% | ||
| Q2 25 | 29.3% | 69.7% | ||
| Q1 25 | 28.6% | 65.8% | ||
| Q4 24 | 28.7% | 65.9% | ||
| Q3 24 | 28.8% | 62.3% | ||
| Q2 24 | 29.6% | 66.3% |
营业利润率PENGTHRY
| Q1 26 | — | 37.3% | ||
| Q4 25 | 5.7% | 5.3% | ||
| Q3 25 | 3.7% | 9.9% | ||
| Q2 25 | 3.0% | 14.0% | ||
| Q1 25 | 5.1% | -1.7% | ||
| Q4 24 | 5.1% | -3.9% | ||
| Q3 24 | -1.2% | -49.2% | ||
| Q2 24 | 3.8% | 14.0% |
净利率PENGTHRY
| Q1 26 | — | 2.7% | ||
| Q4 25 | 1.5% | -5.0% | ||
| Q3 25 | 2.8% | 2.8% | ||
| Q2 25 | 0.8% | 6.6% | ||
| Q1 25 | 2.2% | -5.3% | ||
| Q4 24 | 1.5% | 4.2% | ||
| Q3 24 | — | -53.4% | ||
| Q2 24 | 1.9% | 2.5% |
每股收益（稀释后）PENGTHRY
| Q1 26 | — | $0.10 | ||
| Q4 25 | $0.04 | $-0.21 | ||
| Q3 25 | $0.10 | $0.13 | ||
| Q2 25 | $-0.01 | $0.31 | ||
| Q1 25 | $0.09 | $-0.22 | ||
| Q4 24 | $0.10 | $0.28 | ||
| Q3 24 | — | $-2.65 | ||
| Q2 24 | $0.10 | $0.15 |
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 | $8.0M |
| 总债务越低越好 | $462.3M | — |
| 股东权益账面价值 | $389.7M | $225.4M |
| 总资产 | $1.6B | $693.7M |
| 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PENGTHRY
| Q1 26 | — | $8.0M | ||
| Q4 25 | $461.5M | $10.8M | ||
| Q3 25 | $453.8M | $11.6M | ||
| Q2 25 | $735.5M | $10.8M | ||
| Q1 25 | $647.0M | $11.0M | ||
| Q4 24 | $393.7M | $16.3M | ||
| Q3 24 | $389.5M | $12.5M | ||
| Q2 24 | $467.5M | $15.5M |
总债务PENGTHRY
| Q1 26 | — | — | ||
| Q4 25 | $462.3M | $253.5M | ||
| Q3 25 | $461.8M | $268.2M | ||
| Q2 25 | $659.5M | $275.6M | ||
| Q1 25 | $658.8M | $299.0M | ||
| Q4 24 | $658.1M | $284.3M | ||
| Q3 24 | $657.3M | $307.8M | ||
| Q2 24 | $667.0M | $342.1M |
股东权益PENGTHRY
| Q1 26 | — | $225.4M | ||
| Q4 25 | $389.7M | $218.1M | ||
| Q3 25 | $394.2M | $221.1M | ||
| Q2 25 | $584.8M | $214.9M | ||
| Q1 25 | $602.5M | $193.2M | ||
| Q4 24 | $400.4M | $196.9M | ||
| Q3 24 | $391.4M | $94.5M | ||
| Q2 24 | $423.4M | $183.1M |
总资产PENGTHRY
| Q1 26 | — | $693.7M | ||
| Q4 25 | $1.6B | $688.6M | ||
| Q3 25 | $1.6B | $701.8M | ||
| Q2 25 | $1.8B | $687.7M | ||
| Q1 25 | $1.8B | $703.7M | ||
| Q4 24 | $1.6B | $712.2M | ||
| Q3 24 | $1.5B | $654.8M | ||
| Q2 24 | $1.5B | $785.5M |
负债/权益比PENGTHRY
| Q1 26 | — | — | ||
| Q4 25 | 1.19× | 1.16× | ||
| Q3 25 | 1.17× | 1.21× | ||
| Q2 25 | 1.13× | 1.28× | ||
| Q1 25 | 1.09× | 1.55× | ||
| Q4 24 | 1.64× | 1.44× | ||
| Q3 24 | 1.68× | 3.26× | ||
| Q2 24 | 1.58× | 1.87× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $28.2M | $-5.5M |
| 自由现金流率自由现金流/营收 | 8.2% | -3.3% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $116.3M | $43.3M |
8季度趋势，按日历期对齐
经营现金流PENGTHRY
| Q1 26 | — | — | ||
| Q4 25 | $31.1M | $22.2M | ||
| Q3 25 | $-70.4M | $22.2M | ||
| Q2 25 | $92.8M | $29.6M | ||
| Q1 25 | $72.9M | $-10.5M | ||
| Q4 24 | $13.8M | $26.1M | ||
| Q3 24 | — | $36.0M | ||
| Q2 24 | $57.9M | $22.2M |
自由现金流PENGTHRY
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $28.2M | $12.3M | ||
| Q3 25 | $-73.4M | $14.6M | ||
| Q2 25 | $90.9M | $21.8M | ||
| Q1 25 | $70.5M | $-17.6M | ||
| Q4 24 | $12.0M | $17.3M | ||
| Q3 24 | — | $27.5M | ||
| Q2 24 | $48.9M | $13.3M |
自由现金流率PENGTHRY
| Q1 26 | — | -3.3% | ||
| Q4 25 | 8.2% | 6.4% | ||
| Q3 25 | -21.7% | 7.2% | ||
| Q2 25 | 28.0% | 10.4% | ||
| Q1 25 | 19.3% | -9.7% | ||
| Q4 24 | 3.5% | 9.3% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | 16.3% | 5.9% |
资本支出强度PENGTHRY
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | 5.2% | ||
| Q3 25 | 0.9% | 3.8% | ||
| Q2 25 | 0.6% | 3.7% | ||
| Q1 25 | 0.6% | 3.9% | ||
| Q4 24 | 0.5% | 4.7% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | 3.0% | 4.0% |
现金转化率PENGTHRY
| Q1 26 | — | — | ||
| Q4 25 | 5.89× | — | ||
| Q3 25 | -7.47× | 3.93× | ||
| Q2 25 | 34.88× | 2.12× | ||
| Q1 25 | 9.02× | — | ||
| Q4 24 | 2.65× | 3.32× | ||
| Q3 24 | — | — | ||
| Q2 24 | 10.30× | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
