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PIPER SANDLER COMPANIES（PIPR）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Rackspace Technology, Inc.的季度营收约是PIPER SANDLER COMPANIES的1.0倍（$682.8M vs $667.0M），PIPER SANDLER COMPANIES净利率更高（17.1% vs -4.8%，领先21.9%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs -0.4%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% vs -0.6%）
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
PIPR vs RXT — 直观对比
营收规模更大
RXT
是对方的1.0倍
$667.0M
营收增速更快
PIPR
高出37.8%
-0.4%
净利率更高
PIPR
高出21.9%
-4.8%
两年增速更快
PIPR
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $667.0M | $682.8M |
| 净利润 | $114.0M | $-32.7M |
| 毛利率 | — | 17.6% |
| 营业利润率 | 28.3% | -0.5% |
| 净利率 | 17.1% | -4.8% |
| 营收同比 | 37.4% | -0.4% |
| 净利润同比 | 65.0% | 41.6% |
| 每股收益（稀释后） | $6.41 | $-0.13 |
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PIPRRXT
| Q4 25 | $667.0M | $682.8M | ||
| Q3 25 | $480.1M | $671.2M | ||
| Q2 25 | $398.6M | $666.3M | ||
| Q1 25 | $358.6M | $665.4M | ||
| Q4 24 | $485.4M | $685.6M | ||
| Q3 24 | $360.9M | $675.8M | ||
| Q2 24 | $340.8M | $684.9M | ||
| Q1 24 | $344.4M | $690.8M |
净利润PIPRRXT
| Q4 25 | $114.0M | $-32.7M | ||
| Q3 25 | $60.3M | $-67.1M | ||
| Q2 25 | $42.2M | $-54.5M | ||
| Q1 25 | $64.9M | $-71.5M | ||
| Q4 24 | $69.1M | $-56.0M | ||
| Q3 24 | $34.8M | $-186.6M | ||
| Q2 24 | $34.8M | $25.0M | ||
| Q1 24 | $42.5M | $-640.6M |
毛利率PIPRRXT
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 19.2% |
营业利润率PIPRRXT
| Q4 25 | 28.3% | -0.5% | ||
| Q3 25 | 22.4% | -5.1% | ||
| Q2 25 | 12.3% | -3.8% | ||
| Q1 25 | 8.2% | -5.8% | ||
| Q4 24 | 16.9% | -4.2% | ||
| Q3 24 | 15.4% | -25.7% | ||
| Q2 24 | 8.3% | -7.9% | ||
| Q1 24 | 15.2% | -94.5% |
净利率PIPRRXT
| Q4 25 | 17.1% | -4.8% | ||
| Q3 25 | 12.6% | -10.0% | ||
| Q2 25 | 10.6% | -8.2% | ||
| Q1 25 | 18.1% | -10.7% | ||
| Q4 24 | 14.2% | -8.2% | ||
| Q3 24 | 9.6% | -27.6% | ||
| Q2 24 | 10.2% | 3.7% | ||
| Q1 24 | 12.3% | -92.7% |
每股收益（稀释后）PIPRRXT
| Q4 25 | $6.41 | $-0.13 | ||
| Q3 25 | $3.38 | $-0.28 | ||
| Q2 25 | $2.38 | $-0.23 | ||
| Q1 25 | $3.65 | $-0.31 | ||
| Q4 24 | $3.88 | $-0.20 | ||
| Q3 24 | $1.96 | $-0.82 | ||
| Q2 24 | $1.97 | $0.11 | ||
| Q1 24 | $2.43 | $-2.91 |
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 | — | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $1.4B | $-1.2B |
| 总资产 | $2.6B | $2.8B |
| 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PIPRRXT
| Q4 25 | — | $105.8M | ||
| Q3 25 | — | $99.5M | ||
| Q2 25 | — | $103.9M | ||
| Q1 25 | — | $128.0M | ||
| Q4 24 | — | $144.0M | ||
| Q3 24 | — | $157.1M | ||
| Q2 24 | — | $190.2M | ||
| Q1 24 | — | $282.6M |
总债务PIPRRXT
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
股东权益PIPRRXT
| Q4 25 | $1.4B | $-1.2B | ||
| Q3 25 | $1.3B | $-1.2B | ||
| Q2 25 | $1.2B | $-1.1B | ||
| Q1 25 | $1.2B | $-1.1B | ||
| Q4 24 | $1.2B | $-1.0B | ||
| Q3 24 | $1.2B | $-949.7M | ||
| Q2 24 | $1.1B | $-756.2M | ||
| Q1 24 | $1.1B | $-787.2M |
总资产PIPRRXT
| Q4 25 | $2.6B | $2.8B | ||
| Q3 25 | $2.2B | $2.8B | ||
| Q2 25 | $2.0B | $2.9B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $2.3B | $3.1B | ||
| Q3 24 | $2.0B | $3.1B | ||
| Q2 24 | $1.9B | $3.4B | ||
| Q1 24 | $1.8B | $3.5B |
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 | $729.8M | $59.7M |
| 自由现金流经营现金流 - 资本支出 | — | $56.0M |
| 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 | — | 0.5% |
| 现金转化率经营现金流/净利润 | 6.40× | — |
| 过去12个月自由现金流最近4个季度 | — | $90.6M |
8季度趋势，按日历期对齐
经营现金流PIPRRXT
| Q4 25 | $729.8M | $59.7M | ||
| Q3 25 | $31.9M | $70.7M | ||
| Q2 25 | $32.1M | $8.4M | ||
| Q1 25 | $-207.2M | $12.6M | ||
| Q4 24 | $163.8M | $54.3M | ||
| Q3 24 | $80.1M | $51.8M | ||
| Q2 24 | $266.5M | $24.1M | ||
| Q1 24 | $-197.2M | $-90.3M |
自由现金流PIPRRXT
| Q4 25 | — | $56.0M | ||
| Q3 25 | — | $42.7M | ||
| Q2 25 | — | $-12.4M | ||
| Q1 25 | — | $4.3M | ||
| Q4 24 | — | $34.4M | ||
| Q3 24 | — | $27.3M | ||
| Q2 24 | — | $-14.5M | ||
| Q1 24 | — | $-118.4M |
自由现金流率PIPRRXT
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | -1.9% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | -2.1% | ||
| Q1 24 | — | -17.1% |
资本支出强度PIPRRXT
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 5.6% | ||
| Q1 24 | — | 4.1% |
现金转化率PIPRRXT
| Q4 25 | 6.40× | — | ||
| Q3 25 | 0.53× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | -3.19× | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 2.30× | — | ||
| Q2 24 | 7.66× | 0.96× | ||
| Q1 24 | -4.64× | — |
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
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
