vs
EPLUS INC（PLUS）与TKO Group Holdings（TKO）财务数据对比。点击上方公司名可切换其他公司
TKO Group Holdings的季度营收约是EPLUS INC的1.7倍（$1.0B vs $614.8M），EPLUS INC净利率更高（5.7% vs -0.2%，领先5.9%），TKO Group Holdings同比增速更快（61.6% vs 20.3%），过去两年TKO Group Holdings的营收复合增速更高（28.4% vs 2.3%）
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。
TKO Group Holdings是美国体育及体育娱乐上市企业，成立于2023年9月12日，由奋进集团（Endeavor）子公司、终极格斗冠军赛（UFC）母公司Zuffa与职业摔跤品牌世界摔角娱乐（WWE）合并组建，主营综合格斗、职业摔跤赛事运营及相关娱乐内容业务。
PLUS vs TKO — 直观对比
营收规模更大
TKO
是对方的1.7倍
$614.8M
营收增速更快
TKO
高出41.3%
20.3%
净利率更高
PLUS
高出5.9%
-0.2%
两年增速更快
TKO
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.8M | $1.0B |
| 净利润 | $35.1M | $-2.4M |
| 毛利率 | 25.8% | — |
| 营业利润率 | 7.1% | 5.5% |
| 净利率 | 5.7% | -0.2% |
| 营收同比 | 20.3% | 61.6% |
| 净利润同比 | 45.2% | -107.7% |
| 每股收益（稀释后） | $1.33 | $-0.07 |
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PLUSTKO
| Q4 25 | $614.8M | $1.0B | ||
| Q3 25 | $608.8M | $1.1B | ||
| Q2 25 | $637.3M | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | $493.2M | $642.2M | ||
| Q3 24 | $493.4M | $681.3M | ||
| Q2 24 | $535.7M | $851.2M | ||
| Q1 24 | — | $629.7M |
净利润PLUSTKO
| Q4 25 | $35.1M | $-2.4M | ||
| Q3 25 | $34.9M | $41.0M | ||
| Q2 25 | $37.7M | $98.4M | ||
| Q1 25 | — | $58.4M | ||
| Q4 24 | $24.1M | $31.0M | ||
| Q3 24 | $31.3M | $23.1M | ||
| Q2 24 | $27.3M | $59.1M | ||
| Q1 24 | — | $-103.8M |
毛利率PLUSTKO
| Q4 25 | 25.8% | — | ||
| Q3 25 | 26.6% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 25.4% | — | ||
| Q3 24 | 25.8% | — | ||
| Q2 24 | 23.7% | — | ||
| Q1 24 | — | — |
营业利润率PLUSTKO
| Q4 25 | 7.1% | 5.5% | ||
| Q3 25 | 8.0% | 15.4% | ||
| Q2 25 | 5.7% | 28.1% | ||
| Q1 25 | — | 18.7% | ||
| Q4 24 | 3.3% | 15.9% | ||
| Q3 24 | 5.5% | 20.0% | ||
| Q2 24 | 5.9% | 30.0% | ||
| Q1 24 | — | -33.4% |
净利率PLUSTKO
| Q4 25 | 5.7% | -0.2% | ||
| Q3 25 | 5.7% | 3.7% | ||
| Q2 25 | 5.9% | 7.5% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | 4.9% | 4.8% | ||
| Q3 24 | 6.3% | 3.4% | ||
| Q2 24 | 5.1% | 6.9% | ||
| Q1 24 | — | -16.5% |
每股收益（稀释后）PLUSTKO
| Q4 25 | $1.33 | $-0.07 | ||
| Q3 25 | $1.32 | $0.47 | ||
| Q2 25 | $1.43 | $1.17 | ||
| Q1 25 | — | $0.69 | ||
| Q4 24 | $0.91 | $0.28 | ||
| Q3 24 | $1.17 | $0.28 | ||
| Q2 24 | $1.02 | $0.72 | ||
| Q1 24 | — | $-1.26 |
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 | $831.1M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $1.1B | $3.7B |
| 总资产 | $1.8B | $15.5B |
| 负债/权益比越低杠杆越低 | — | 1.01× |
8季度趋势，按日历期对齐
现金及短期投资PLUSTKO
| Q4 25 | $326.3M | $831.1M | ||
| Q3 25 | $402.2M | $861.4M | ||
| Q2 25 | $480.2M | $535.1M | ||
| Q1 25 | — | $470.9M | ||
| Q4 24 | $253.1M | $525.6M | ||
| Q3 24 | $187.5M | $457.4M | ||
| Q2 24 | $349.9M | $277.5M | ||
| Q1 24 | — | $245.8M |
总债务PLUSTKO
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.7B |
股东权益PLUSTKO
| Q4 25 | $1.1B | $3.7B | ||
| Q3 25 | $1.0B | $3.8B | ||
| Q2 25 | $1.0B | $4.3B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | $962.3M | $4.1B | ||
| Q3 24 | $947.0M | $4.0B | ||
| Q2 24 | $921.9M | $4.0B | ||
| Q1 24 | — | $4.0B |
总资产PLUSTKO
| Q4 25 | $1.8B | $15.5B | ||
| Q3 25 | $1.8B | $15.5B | ||
| Q2 25 | $1.8B | $15.3B | ||
| Q1 25 | — | $15.0B | ||
| Q4 24 | $1.8B | $12.7B | ||
| Q3 24 | $1.7B | $12.8B | ||
| Q2 24 | $1.7B | $12.7B | ||
| Q1 24 | — | $12.7B |
负债/权益比PLUSTKO
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 0.98× | ||
| Q2 25 | — | 0.64× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.68× |
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 | $309.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流PLUSTKO
| Q4 25 | $-87.4M | $309.9M | ||
| Q3 25 | $-34.8M | $416.8M | ||
| Q2 25 | $-99.0M | $396.2M | ||
| Q1 25 | — | $162.8M | ||
| Q4 24 | $65.7M | $56.8M | ||
| Q3 24 | $-21.6M | $236.5M | ||
| Q2 24 | $97.1M | $230.7M | ||
| Q1 24 | — | $59.3M |
现金转化率PLUSTKO
| Q4 25 | -2.49× | — | ||
| Q3 25 | -1.00× | 10.16× | ||
| Q2 25 | -2.63× | 4.03× | ||
| Q1 25 | — | 2.79× | ||
| Q4 24 | 2.72× | 1.83× | ||
| Q3 24 | -0.69× | 10.22× | ||
| Q2 24 | 3.55× | 3.90× | ||
| 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% |
TKO
| World Wrestling Entertainment Segment | $359.6M | 35% |
| IMG Segment | $247.6M | 24% |
| Media Rights Production And Content | $222.6M | 21% |
| Partnerships And Marketing | $93.3M | 9% |
| Live Events And Hospitality | $72.2M | 7% |
| Other | $29.4M | 3% |
| Consumer Products Licensing And Other | $13.2M | 1% |
