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EPLUS INC（PLUS）与Tyler Technologies（TYL）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Tyler Technologies的1.0倍（$614.8M vs $613.5M），Tyler Technologies净利率更高（13.2% vs 5.7%，领先7.5%），EPLUS INC同比增速更快（20.3% vs 8.6%），过去两年Tyler Technologies的营收复合增速更高（6.5% 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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
PLUS vs TYL — 直观对比
营收规模更大
PLUS
是对方的1.0倍
$613.5M
营收增速更快
PLUS
高出11.8%
8.6%
净利率更高
TYL
高出7.5%
5.7%
两年增速更快
TYL
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $614.8M | $613.5M |
| 净利润 | $35.1M | $81.2M |
| 毛利率 | 25.8% | 48.3% |
| 营业利润率 | 7.1% | 16.3% |
| 净利率 | 5.7% | 13.2% |
| 营收同比 | 20.3% | 8.6% |
| 净利润同比 | 45.2% | — |
| 每股收益（稀释后） | $1.33 | $1.88 |
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PLUSTYL
| Q1 26 | — | $613.5M | ||
| Q4 25 | $614.8M | $575.2M | ||
| Q3 25 | $608.8M | $595.9M | ||
| Q2 25 | $637.3M | $596.1M | ||
| Q1 25 | — | $565.2M | ||
| Q4 24 | $493.2M | $541.1M | ||
| Q3 24 | $493.4M | $543.3M | ||
| Q2 24 | $535.7M | $541.0M |
净利润PLUSTYL
| Q1 26 | — | $81.2M | ||
| Q4 25 | $35.1M | $65.5M | ||
| Q3 25 | $34.9M | $84.4M | ||
| Q2 25 | $37.7M | $84.6M | ||
| Q1 25 | — | $81.1M | ||
| Q4 24 | $24.1M | $65.2M | ||
| Q3 24 | $31.3M | $75.9M | ||
| Q2 24 | $27.3M | $67.7M |
毛利率PLUSTYL
| Q1 26 | — | 48.3% | ||
| Q4 25 | 25.8% | 45.5% | ||
| Q3 25 | 26.6% | 47.2% | ||
| Q2 25 | 23.3% | 45.8% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | 25.4% | 43.8% | ||
| Q3 24 | 25.8% | 43.7% | ||
| Q2 24 | 23.7% | 44.0% |
营业利润率PLUSTYL
| Q1 26 | — | 16.3% | ||
| Q4 25 | 7.1% | 13.0% | ||
| Q3 25 | 8.0% | 16.4% | ||
| Q2 25 | 5.7% | 16.0% | ||
| Q1 25 | — | 15.8% | ||
| Q4 24 | 3.3% | 13.2% | ||
| Q3 24 | 5.5% | 15.2% | ||
| Q2 24 | 5.9% | 14.4% |
净利率PLUSTYL
| Q1 26 | — | 13.2% | ||
| Q4 25 | 5.7% | 11.4% | ||
| Q3 25 | 5.7% | 14.2% | ||
| Q2 25 | 5.9% | 14.2% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | 4.9% | 12.1% | ||
| Q3 24 | 6.3% | 14.0% | ||
| Q2 24 | 5.1% | 12.5% |
每股收益（稀释后）PLUSTYL
| Q1 26 | — | $1.88 | ||
| Q4 25 | $1.33 | $1.50 | ||
| Q3 25 | $1.32 | $1.93 | ||
| Q2 25 | $1.43 | $1.93 | ||
| Q1 25 | — | $1.84 | ||
| Q4 24 | $0.91 | $1.48 | ||
| Q3 24 | $1.17 | $1.74 | ||
| Q2 24 | $1.02 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $3.6B |
| 总资产 | $1.8B | $4.8B |
| 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PLUSTYL
| Q1 26 | — | $346.4M | ||
| Q4 25 | $326.3M | $1.1B | ||
| Q3 25 | $402.2M | $950.8M | ||
| Q2 25 | $480.2M | $892.3M | ||
| Q1 25 | — | $807.4M | ||
| Q4 24 | $253.1M | $768.0M | ||
| Q3 24 | $187.5M | $544.3M | ||
| Q2 24 | $349.9M | $258.0M |
总债务PLUSTYL
| Q1 26 | — | — | ||
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M |
股东权益PLUSTYL
| Q1 26 | — | $3.6B | ||
| Q4 25 | $1.1B | $3.7B | ||
| Q3 25 | $1.0B | $3.6B | ||
| Q2 25 | $1.0B | $3.6B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | $962.3M | $3.4B | ||
| Q3 24 | $947.0M | $3.3B | ||
| Q2 24 | $921.9M | $3.1B |
总资产PLUSTYL
| Q1 26 | — | $4.8B | ||
| Q4 25 | $1.8B | $5.6B | ||
| Q3 25 | $1.8B | $5.5B | ||
| Q2 25 | $1.8B | $5.4B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | $1.8B | $5.2B | ||
| Q3 24 | $1.7B | $5.0B | ||
| Q2 24 | $1.7B | $4.8B |
负债/权益比PLUSTYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× |
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 | $107.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 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× | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $585.7M |
8季度趋势，按日历期对齐
经营现金流PLUSTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | $-87.4M | $243.9M | ||
| Q3 25 | $-34.8M | $255.2M | ||
| Q2 25 | $-99.0M | $98.3M | ||
| Q1 25 | — | $56.2M | ||
| Q4 24 | $65.7M | $224.8M | ||
| Q3 24 | $-21.6M | $263.7M | ||
| Q2 24 | $97.1M | $64.3M |
自由现金流PLUSTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | — | $239.6M | ||
| Q3 25 | — | $251.3M | ||
| Q2 25 | — | $92.8M | ||
| Q1 25 | — | $53.8M | ||
| Q4 24 | — | $221.0M | ||
| Q3 24 | — | $260.8M | ||
| Q2 24 | — | $57.7M |
自由现金流率PLUSTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | — | 41.7% | ||
| Q3 25 | — | 42.2% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | — | 40.8% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 10.7% |
资本支出强度PLUSTYL
| Q1 26 | — | — | ||
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 1.2% |
现金转化率PLUSTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | -2.49× | 3.72× | ||
| Q3 25 | -1.00× | 3.02× | ||
| Q2 25 | -2.63× | 1.16× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | 2.72× | 3.45× | ||
| Q3 24 | -0.69× | 3.47× | ||
| Q2 24 | 3.55× | 0.95× |
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% |
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
