vs
EPLUS INC（PLUS）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EPLUS INC的1.1倍（$682.8M vs $614.8M），EPLUS INC净利率更高（5.7% vs -4.8%，领先10.5%），EPLUS INC同比增速更快（20.3% vs -0.4%），过去两年EPLUS INC的营收复合增速更高（2.3% vs -0.6%）
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。
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。
PLUS vs RXT — 直观对比
营收规模更大
RXT
是对方的1.1倍
$614.8M
营收增速更快
PLUS
高出20.7%
-0.4%
净利率更高
PLUS
高出10.5%
-4.8%
两年增速更快
PLUS
近两年复合增速
-0.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.8M | $682.8M |
| 净利润 | $35.1M | $-32.7M |
| 毛利率 | 25.8% | 17.6% |
| 营业利润率 | 7.1% | -0.5% |
| 净利率 | 5.7% | -4.8% |
| 营收同比 | 20.3% | -0.4% |
| 净利润同比 | 45.2% | 41.6% |
| 每股收益（稀释后） | $1.33 | $-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PLUSRXT
| Q4 25 | $614.8M | $682.8M | ||
| Q3 25 | $608.8M | $671.2M | ||
| Q2 25 | $637.3M | $666.3M | ||
| Q1 25 | — | $665.4M | ||
| Q4 24 | $493.2M | $685.6M | ||
| Q3 24 | $493.4M | $675.8M | ||
| Q2 24 | $535.7M | $684.9M | ||
| Q1 24 | — | $690.8M |
净利润PLUSRXT
| Q4 25 | $35.1M | $-32.7M | ||
| Q3 25 | $34.9M | $-67.1M | ||
| Q2 25 | $37.7M | $-54.5M | ||
| Q1 25 | — | $-71.5M | ||
| Q4 24 | $24.1M | $-56.0M | ||
| Q3 24 | $31.3M | $-186.6M | ||
| Q2 24 | $27.3M | $25.0M | ||
| Q1 24 | — | $-640.6M |
毛利率PLUSRXT
| Q4 25 | 25.8% | 17.6% | ||
| Q3 25 | 26.6% | 19.4% | ||
| Q2 25 | 23.3% | 19.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | 25.4% | 19.2% | ||
| Q3 24 | 25.8% | 20.3% | ||
| Q2 24 | 23.7% | 19.2% | ||
| Q1 24 | — | 19.2% |
营业利润率PLUSRXT
| Q4 25 | 7.1% | -0.5% | ||
| Q3 25 | 8.0% | -5.1% | ||
| Q2 25 | 5.7% | -3.8% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | 3.3% | -4.2% | ||
| Q3 24 | 5.5% | -25.7% | ||
| Q2 24 | 5.9% | -7.9% | ||
| Q1 24 | — | -94.5% |
净利率PLUSRXT
| Q4 25 | 5.7% | -4.8% | ||
| Q3 25 | 5.7% | -10.0% | ||
| Q2 25 | 5.9% | -8.2% | ||
| Q1 25 | — | -10.7% | ||
| Q4 24 | 4.9% | -8.2% | ||
| Q3 24 | 6.3% | -27.6% | ||
| Q2 24 | 5.1% | 3.7% | ||
| Q1 24 | — | -92.7% |
每股收益（稀释后）PLUSRXT
| Q4 25 | $1.33 | $-0.13 | ||
| Q3 25 | $1.32 | $-0.28 | ||
| Q2 25 | $1.43 | $-0.23 | ||
| Q1 25 | — | $-0.31 | ||
| Q4 24 | $0.91 | $-0.20 | ||
| Q3 24 | $1.17 | $-0.82 | ||
| Q2 24 | $1.02 | $0.11 | ||
| Q1 24 | — | $-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 | $326.3M | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $1.1B | $-1.2B |
| 总资产 | $1.8B | $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PLUSRXT
| Q4 25 | $326.3M | $105.8M | ||
| Q3 25 | $402.2M | $99.5M | ||
| Q2 25 | $480.2M | $103.9M | ||
| Q1 25 | — | $128.0M | ||
| Q4 24 | $253.1M | $144.0M | ||
| Q3 24 | $187.5M | $157.1M | ||
| Q2 24 | $349.9M | $190.2M | ||
| Q1 24 | — | $282.6M |
总债务PLUSRXT
| 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PLUSRXT
| Q4 25 | $1.1B | $-1.2B | ||
| Q3 25 | $1.0B | $-1.2B | ||
| Q2 25 | $1.0B | $-1.1B | ||
| Q1 25 | — | $-1.1B | ||
| Q4 24 | $962.3M | $-1.0B | ||
| Q3 24 | $947.0M | $-949.7M | ||
| Q2 24 | $921.9M | $-756.2M | ||
| Q1 24 | — | $-787.2M |
总资产PLUSRXT
| Q4 25 | $1.8B | $2.8B | ||
| Q3 25 | $1.8B | $2.8B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | $1.8B | $3.1B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.7B | $3.4B | ||
| Q1 24 | — | $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 | $-87.4M | $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 | -2.49× | — |
| 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PLUSRXT
| Q4 25 | $-87.4M | $59.7M | ||
| Q3 25 | $-34.8M | $70.7M | ||
| Q2 25 | $-99.0M | $8.4M | ||
| Q1 25 | — | $12.6M | ||
| Q4 24 | $65.7M | $54.3M | ||
| Q3 24 | $-21.6M | $51.8M | ||
| Q2 24 | $97.1M | $24.1M | ||
| Q1 24 | — | $-90.3M |
自由现金流PLUSRXT
| 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PLUSRXT
| 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PLUSRXT
| 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PLUSRXT
| Q4 25 | -2.49× | — | ||
| Q3 25 | -1.00× | — | ||
| Q2 25 | -2.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.72× | — | ||
| Q3 24 | -0.69× | — | ||
| Q2 24 | 3.55× | 0.96× | ||
| Q1 24 | — | — |
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
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% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
